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Ghana’s Parliament orders prosecution of Energy Commission
The Public Accounts Committee (PAC) of Parliament on Wednesday called for the prosecution of the Energy Commission for violating its provision that allows it to enter into a two year maximum rent agreement.
The Commission was found…
Ghana stocks rise on Ecobank, GCB gains
Gains in the share prices of Ecobank Ghana (EBG) and Ghana Commercial Bank (GCB) pushed the benchmark index up by 6.52 points in a dull market on Tuesday.
The GSE All-Share Index rose to 5,629.78 points from 5,623.26 points at the previous…
BUSAC Fund boosts small businesses in Ghana
The BUSAC Fund, a grant mechanism established in support of the Ghanaian private sector to advocate to local, regional and national authorities for changes to legal and regulatory framework to enhance business activities has made positive…
Ghana is third highest in Internet love search – Survey
Ghana is the third in the league of countries where people look for love on the internet, a global survey conducted by the BBC World Service shows, a Reuters report indicates.
The survey interviewed 10,976 adults who had used the Internet…
Ghana government extends programme against poverty to 55,000 people
Mr Antwi-Boasiako Sekyere,the Deputy Minister of Employment and Social Welfare, on Monday said the government had extended the Livelihood and Empowerment Against Poverty (LEAP) programme from 35,000 people to 55,000 this year.
He said the…
Ghana will apply lessons from mining to oil to avoid problems – P.V. Obeng
Ghana is about to join the league of oil producing countries of the world by the end of this year.
And according to Tullow Oil, Ghana will become one of the world’s top 50 oil producers when the country starts commercial production of oil.…
Western Union offers 80% of commission to Ghana rural banks
The Rural and Community Banks (RCBs) would receive 80 per cent of the commission they collect from the Western Union International Money Transfer (WUIMT), by March 2010, to inject efficiency in their operations.
Cash on demand would also…
Ghanabusinessnews.com under attack!
In the last couple of months we have gathered enough information which indicates that ghanabusinessnews.com is coming under various forms of attack from some groups and individuals who see us as competition and a threat.
But of all the…
Ghana’s Produce Buying Company to open $10m shea nut factory
The Produce Buying Company, a 100% owned subsidiary of the Ghana Cocoa Board and the single largest buyer of cocoa for the domestic market is set to open a $10 million shea nut processing factory in September, The Reuters have reported…
Poverty levels in Ghana going down – Survey
Ghana's Poverty Headcount has reduced from 39.5 percent in 1998/1999 to 28.5 percent in 2005/2006, a report by the Ghana Living Standard Survey has revealed.
According to the report, extreme poverty fell from 27 percent to about 18 percent…