Some Oil Marketing Companies (OMCs) have begun reviewing prices of their petroleum products following hikes in crude oil prices on the international market, Joy Business has learnt.
Customs World, a subsidiary of PCFC Dubai, has signed an agreement to take over West Blue Ghana Limited, the company engaged for the provision of the National Single Window and Risk Management System in Ghana.
Inflation peaked after four months of consistent decline to 12.3 per cent in August, representing a 0.40 percentage point rise from previous month readings of 11.9 per cent.
Karpowership Ghana Company Limited, for the second consecutive year, has offered scholarship to 102 brilliant but needy students in the Tema Manhean Community.
The Finance and Administrative Manager of Akosombo Textiles Limited (ATL), Justice Boateng, has come out to say that the annual consumption of textiles in the country is about 130 million yards, yet the three largest local manufacturers-ATL, GTP and Printex only produces 30 million yards; explaining why the remaining 100 million-yard deficit is being filled by cheap, counterfeit, pirated and smuggled Asian products.
Royal Crown Packaging Limited (RCPL), a local packaging company, has won the Business Quality in Packaging Industry Award at the 5th Ghana Business Quality Awards recently held at the Banquet Hall in Accra.
The UK-Ghana Chamber of Commerce (UKGCC) has marked one-year of operations in Ghana. It also used the occasion to introduce its new High Commissioner, H.E Iain Walker.
Agriculture Minister, Dr Akoto Owusu Afriyie has been asked to concentrate on fighting the fall armyworms rather than praising government's interventions since the start of invasion.
President Nana Akufo-Addo has stated that African countries would have to change the structure of their economies, to industrialised and value-added economies.
Investopedia explains a Pension Plan as “a retirement plan that requires an employer to make contributions into a pool of funds set aside to for a worker’s future benefit.
Credit rating agency, Fitch Ratings, has affirmed Ghana at ‘B’ with a stable outlook, citing medium-term growth potential and improving macroeconomic stability.
The Board of SIC Insurance has been re-constituted with the Ministry of Finance replacing government’s representation on the Board.
The mining sector in Ghana contributed significantly to the Ghanaian economy in 2016 fiscal year, the Chief Executive Officer of the Ghana Chamber of Mines, Sulemanu Koney, has revealed.
About 40 acres of land has been set aside by traditional authorities in Amansie West district of the Ashanti Region for proposed factories.
Ernest Nyame has been announced as the ultimate winner of the Betway Winners League.
Current Director of Technical Service at Volta River Authority (VRA), Jonathan Amoako-Baah has been appointed as the new Chief Executive of the Ghana Grid Company (GRIDCo).
Rigworld Training Centre has donated ¢50,000 cedis towards the renovation of the surgical ward of Axim Government Hospital in the Western Region.
Local oil production in the Asante Akim South District in the Ashanti Region has received a boost with the setting up of a modern extraction factory. MTN Ghana Foundation is making the intervention to streamline operations of the extractors, mostly, women in a bid to improve local production of the commodity.
The Ghana Export Promotion Authority has indicated plans to make Ashanti Region an export power house.
Vice President Dr Mahamudu Bawumia says government would launch an Agricultural Marshall Plan in November to enhance food production.
The acting Executive Director of the Ghana Standards Authority says he supports the production of marijuana for export since the herbs are used for medical purposes abroad.
Twelve labour unions have issued an ultimatum to government to transfer their tier-2 pension contributions into their custodian accounts or brace up for an indefinite strike.
Business activities at the Ghana/Togo border have hit an all time low this year with Customs Division of the Ghana Revenue Authority (GRA) lagging behind its target while revenue generated drops by 22 percent.
Japan Motors Trading Company Limited has won the coveted Nissan National Sales Company 2016 award, the highest in the sub-Saharan market.
The National Communication Authority has authorized all telcos in the country to use their 900MHz 2G spectrum to deploy 3G technology particularly in the unserved and underserved areas.
Ghana has signed a new power deal with the world’s largest gas producer, Gazprom, to add up to 1,000 MW to Ghana's power supply.
Ghana's only starch producing company established in 2002, the Ayensu Starch Factory has hardly worked efficiently since it was set up. The company has shut down several times for many reasons including raw material and fuel.
Government has indicated that it is still committed to reducing the cost of doing business in the country, by reviewing some taxes paid by firms.
The energy sector is likely to witness its first major shock in decades with prices of petroleum products projected to increase by 14 percent this week.
Meridian Port Services Limited (MPS), the operator of the marine Container Terminal in the Port of Tema, has shown its commitment to ensuring the success of the paperless transactions at the port with the introduction of a new web portal, MPS Pay Gate.
The management of GCB is terminating the appointment of about 1000 workers of the now defunct UT and Capital banks.
Vice President, Dr Mahamadu Bawumia, has disclosed that revenue at the Port increased from GH¢130 million in the first week of September 2016, to GH¢213 million in the same period for 2017.
Ghana Stock Exchange has suspended the listing status of the Manufacturing firm Africa Champion Limited and Golden Web Limited.
Privately managed pension funds have maintained their robustness in growth over the past four years, with contributions under the tier two and three schemes hitting an all-time high of GH¢8.3 billion at the end of July this year.
Deputy Finance Minister, Kweku Kwarteng, says the IMF pushed for the extension of the $918 million three-year credit facility, although the current administration was against it.
Vanguard Assurance Company has launched a motor insurance certificate card to wipe out the usual paper-form insurance certificate it issues to policyholders.
Devtraco Plus swept two awards at the recent Africa & Arabia Property Awards 2017/18 one of the most prestigious industry events in the region.
Tullow Ghana Limited’s (TGL) has reiterated its determination to ensure that Ghanaian enterprises in the country benefit from local content opportunities available in varied scopes of work.
The Airtel, Tigo merger talks, which has been ongoing for about a year now, is in danger of being scuttled by government’s demand of a stake in the new entity to be created from the merger.
Minister for Monitoring and Evaluation, Dr. Anthony Akoto Osei has committed to cracking the whip on ministers who fail to stick to their budgets.
Government, as part of its flagship programme, One Village One Dam, would build ten units of 300KW Biopower and 80 hectres of centre pivot irrigation dams in ten selected villages within the Kpandai District.
Telecommunications giant, MTN Ghana has launched the 7th edition of its annual Internet Festival dubbed iFest at the Mall in Accra.
Insurance companies in the country have been urged to embrace technology to deliver value-added services to customers.
Ghana has the environment for the mass production of the requisite sugarcane varieties to meet the needs of the Komenda Sugar Factory, a research by UCC has revealed.
Groundnut farmers in the Northern, Upper East and Upper West regions now have the opportunity to select from three newly improved varieties to boost production and improve income.
The United States Agency for International Development (USAID) in partnership with Africa Lead has initiated an Internship Partnership Network dubbed Entrepreneurship for Opportunity Actualization (EOpAct).
MMDAs have been cautioned to desist from entering into financial agreements that would bind them for more than a year and create liability for government.
Lands and Natural Resouces Minister has assured mining investors in Ghana that VAT on exploration activities will soon be reduced to attract more investment.
Makers of local gin akpeteshie want President Nana Addo Dankwa Akufo-Addo to extend his one-district, one-factory project to the Jato Suhum Municipality of the Eastern Region.
Public sector workers whose salaries were blocked last month as a result of their inability to be validated through the Electronic Payment Voucher System are likely to receive it by end of September.
Lands Minister, John Peter Amewu says he will ensure strict observance of Ghana’s laws by all the companies that are engaged in mining.
Phanes Group, an integrated end-to-end solar provider headquartered in Dubai, has launched its first Solar Incubator program, aimed at identifying potential PV projects in sub-Saharan Africa by providing access to funding, and commercial and technical knowledge.