Following public outcry over the deplorable nature of roads in the Ashanti Region, particularly the regional capital – Kumasi, the Regional Minister, Simon Osei-Mensah, has assured the roads will be fixed soon.
The majority of roads, he said, have already been awarded on contract - with a few others still...
Over US$158million has been unlocked in private capital for 2,846 agribusinesses under the USAID Financing Ghanaian Agriculture Project (USAID FinGAP).
Forty (40) percent of these enterprises are women-led.
The five-year project aims to improve financing and investment in agribusinesses operating in the maize, soy, and rice value chains in the Northern...
Nigerian energy firm Forte Oil said it plans to sell its upstream services and power businesses in Nigeria and divest from Ghana to focus on its core fuel distribution operation at home.
The move comes as a surprise about-turn for a company whose Chief Executive Akin Akinfemiwa told investors in...
As unemployment in the country continues to rise, many young people are turning to photography - an industry that is globally estimated to be worth over US$100billion, according to Zion Market research.
Photography studios are popping up in various parts of Accra, and most of them are owned by young...
Nearly half of the businesses that are expected to start operations under the One District, One Factory (1D1F) will focus mainly on agro-processing.
According to the Deputy Trade and Industry Minister, Robert Ahomka-Lindsay: “About 46 percent of the businesses that are bankable are agro-processing companies; and we shouldn’t be surprised,...
The largest mobile telecoms operator in the country, MTN, has attributed its 29.4 percent year-on-year revenue growth in the first quarter of 2018 to a strong performance of its mobile money service, which alone accounted for 15 percent of its total revenue.
A media release by the company yesterday said...
A sustainable solution to the dwindling fortunes of agriculture will require a comprehensive national strategy that will outlive political parties in government, Dr. Jerry Kombat Monfant, an economic strategist and President of MBIC Group of Accountants and Business Advisors, has said.
“I am of the view that we must have...
Several reasons have been pointed at as responsible for the low rate of economic development and growth in African countries, including colonisation, neo-liberalisation, dependency, political instability and foreign interests among others. Some economists have considered structural deficiencies and institutional weaknesses as mainly responsible for low levels of economic development...
Beginning third quarter of the year, the Food and Drugs Authority (FDA) will be rolling out a technology that will enable consumers to determine fake and unregistered drugs on the market, the CEO of FDA, Delese Darko, has announced.
“Already, the FDA uses a device called the ‘true scan’;...
Government will ‘move heaven and earth’ to deliver the One District, One Factory (1D1F) initiative by the year 2020, Deputy Trade and Industry Minister Robert Ahomka-Lindsay has said.
“Already, in Greater Accra we have 19 businesses that have gone past credit control and are ready to start,” he told the...