French electricity conglomerate EDF, French transnational company Veolia and their local partner CH Group – who have put in a joint bid for the ECG Concession – have rejected the government policy that allocates 51 percent mandatory ownership of the concession to Ghanaian companies.
Chinese Multinational Hotel Group, Shangri-La has begun preparations to expand into the Ghanaian market.
Heads of Institutions who fail to respond to "audit observations" by the Auditor General after 30 days will have their salaries blocked, the Auditor General, Daniel Domelevo has said.
Ghana could start using the single common ECOWAS currency, the ECO, from 2020, the Finance Minister, Ken Ofori-Atta has said.
Ghana’s overall market share remains small, at 0.02 percent globally.
The country’s largest power producer, the Volta River Authority (VRA), is seeking to privatize most of its non-core businesses, as the Authority strategises to become one of the leading power producers in the sub-region.
Failure by officials of the Customs Division of the GRA to do due diligence in the allocation of confiscated vehicles nearly created chaos at the Tema Ports.
The Annual Percentage Rates of interest charged on loans and credit advances and the Average Interest paid on deposits by banks for January stands at 25.6%.
Karpowership Ghana Company Limited has held a series of stakeholder engagements with various community groups within the Sekondi and Takoradi municipality.
There could be a further reduction in the prices of petroleum products as the government has hinted of plans to support BDCs to help them secure good deals.
The NPA has directed Oil Marketing Companies to implement the amended Special Petroleum Tax Act which reduces the tax by 2%.
Commercial drivers and stakeholders in the road safety space have commended Guinness Ghana Breweries Limited (GGBL) for its drink driving education programme.
Mantrac Ghana Limited, the authorised dealers of Caterpillar products and services in Ghana, has launched a Mobile Application for its Used Machines.
Consumers will now heave a sigh of relief following the amendment of the Special Petroleum Tax which reduced the tax from 15percent to 13percent.
Management and staff of Groupe Ideal, shared their Valentine’s joy with the children of two orphanages in Greater Accra and Eastern Regions.
Teachers and Educational Workers’ Union, TEWU is demanding a swift renewal of the Union's conditions of service by the government.
Pupils and teachers of Adaklu Abuadi Salvation Army School and Tupaa MA Basic School in the Volta and Greater Accra regions, celebrated Valentine’s Day, with lots of laughter and good cheer thanks to AirtelTigo.
Telecommunications giant, MTN Ghana has marked this year’s Valentine’s Day with a ‘Save a Life’ blood donation exercise in Accra.
Tullow Ghana has appointed Kweku Awotwi as the new Managing Director.
West Hills Mall, Accra Mall and Achimota Retail Centre have jointly unveiled an unprecedented holiday promotion for shoppers.
African coffee output could almost double in the next five years as some countries boost plantings and make farming more productive, according to the African Fine Coffees Association.
Japan Motors Trading Company Ltd has launched the new 2018 Nissan Qashqai, said to be the best selling crossover that delivers a range of premium design, technology and improved performance.
Adjunct Senior at the Institute of Economic Affairs (IEA), Dr Eric Osei-Assibey, has advocated for a rethinking of Ghana’s inflation targeting (IT) regime, in order to accelerate the nation’s socio-economic development.
The United States will overtake Saudi Arabia and Russia next year to become the world’s largest oil producer.
Rural banks are being encouraged to explore microfinance group lending schemes in order to extend services to the informal sector.
The Textile, Garment and Leather Employees Union (TEGLU) is demanding a 50% reduction in prices of utilities to save the sector from total collapse.
Labour says it backs government’s position for a downward review of utility tariffs, proposing that the cost of electricity and water should be slashed by at least 20%.
Vice President Dr Mahamudu Bawumia has said Ghana will not be able to move beyond aid if land title issues are not tackled.
The Ghana Revenue Authority (GRA) has named Newmont Ghana the country’s Overall Largest and Best Taxpayer for 2017 under its Large Taxpayer Office at its annual awards ceremony.
The Ghana National Gas Company is to take the downstream sector of the petroleum industry to the next level by monetizing an essential by-product, Isopentane to kick-start local production of fertilizer and other products.
As developing countries embrace innovation that will guarantee faster solutions to energy challenges, GE Power and Marinus Energy announced a pilot project to capture Isopentane gas and use it as a fuel source for generating electricity.
The Registrar General’s Department recorded about GH¢75.2 million in revenue for the 2017 calender year.
The Ghana Revenue Authority (GRA) has held its 2017 Staff and Stakeholders’ Awards with an appeal to all taxpayers to take advantage of the tax amnesty period to regularize and straighten their tax records before the amnesty period expires at the end of August, 2018.
Ghana Maritime Authority (GMA) has taken the first step towards Ghana’s e-navigation implementation plan.
International Air Transport Association (IATA), has announced global passenger traffic results for 2017, with Nigerian, South African, Ethiopian, and other African carriers pooling a 7.5 per cent rise in passenger traffic compared to 2016.
GRIDCo says it will soon start the export of some 50 megawatts of electricity to Burkina Faso once work on the interconnection lines has been completed.
Chairman of Krif Ghana Limited has urged government to put in place right policies on taxation and cost of accessing credit to create an enabling environment for businesses to operate.
The Chamber of Petroleum Consumers says it will hit the streets in the coming days if the petroleum sector regulator fails to scrap the 15% Special Petroleum Tax.
An industrialist is concerned that Ghana's current good economic indicators as announced by President Nana Akufo-Addo are not reflecting on the prices of raw materials.
Chief Executive of the NPA has revealed that the much-criticised 15% Special Petroleum Tax (SPT) charged consumers at the pumps will soon be made a specific tax.
Oil exploration and production firm Tullow Oil recorded another loss in its operations for last year.
The Trades Union Congress (TUC) has rebuked the Akufo-Addo administration for failing to compile a credible employment data one year after assuming the reins of government.
The Afrimax Group has successfully completed the sale of its 84.51 percent shares in Busy Ghana Limited to AI Technologies Limited, a company incorporated in Ghana.
The founder President of the Dubai-based global conglomerate, the Thumbay Group, has lauded the government’s approach to the establishment and growth of private sector businesses.
The Finance Minister Ken Ofori-Atta will lead a government delegation on a study tour of the financial sector of Hong Kong and Singapore from February 9-14, 2018.
Finance powerhouse, BEIGE, has launched a tier-3 personal pension scheme aimed at securing financial independence for subscribers during retirement.
Ghana sold 1.99 billion cedis worth of a fresh five-year domestic bond on Thursday and the major commodity exporter will pay a yield of 16.5 percent, joint transaction arrangers said.
Energy Commercial Bank is optimistic about making significant inroad in the Ghanaian banking industry with a clear-cut strategy to grow substantially in all its business lines.
President Nana Akufo-Addo has hailed a collaboration between government and the private sector, which is expected to create 3,000 jobs for unemployed youths.
Large corporate organisations and public-sector institutions can receive instant payment electronically if they sign onto the e-bills pay system introduced by the Ghana Interbank Payment and Settlement System (GhIPSS).
ACEP has commended Ghana’s Ministry of Energy and the Petroleum Commission for their efforts in expanding transparency mechanisms in Ghana’s upstream oil and gas sector through the launch of the Petroleum Register.
African energy conglomerate Sahara Group has refurbished Metal Works Technical workshop of the Manhean Senior High Technical School in Tema.