The National Investment Bank (NIB) has hailed the Supreme Court’s decision to uphold its earlier ruling that absolved the bank of a US$60million judgement debt suit, saying it has renewed investor confidence in its business.
The ruling will allow the bank to seek new business and will allow its corresponding...
Parliament has approved a total of GH¢924m GETFund allocation for the 2018 fiscal year, with the largest tranche of GH¢328million or over 35 percent earmarked for projects and programmes at tertiary institutions.
According to the report of parliament’s Committee of the Whole, secondary and basic schools were allocated GH¢256m and...
The final report of the West Africa Growth Ring Corridor Master Plan (WAGRIC) that contains the action plans and strategies aimed at achieving spatial and economic integration of the sub-region has been presented.
The plan aims at enhancing infrastructural and transport connectivity between Ghana, Togo, Burkina Faso and Cote d’Ivoire,...
Whilst the regulator has given March 15 for electricity tariff reductions to take effect, the ECG has said it can only implement the adjustment beginning April 1, arguing that setting aside its monthly billing cycle could create billing discrepancies.
Speaking at a press briefing in Accra, Managing Director of ECG,...
The winner of the maiden edition of the McDAN Entrepreneurship Challenge with practical business ideas is expected to receive US$25,000 as prize money to start their business venture.
Speaking at the launch of entrepreneurship challenge on Monday in Accra, Kelvin Peter Atuguba, founder of Today’s Entrepreneurs Network (TEN) Ghana, explained...
The Ghana Chapter of Globally Reaching Olam Women (“GROW”), a dynamic voluntary association of women workers in Olam’s worldwide operations, was launched as part of the company’s activities marking celebration of International Women’s Day 2018.
Fifty female staff from different businesses and divisions of Olam Ghana across the country congregated...
As details of the Exxonmobile deal emerge, civil society actors are expressing alarm at the sweeping tax breaks the government of Ghana has granted the oil major, including a ten-year tax holiday which sets aside the five years allowed by the Petroleum Income Tax Act law.
“The law provided that...
The Netherlands Ambassador to Ghana, Ron Strikker has called the government to be bold and cut down on the huge food imports and produce locally.
According to Mr. Strikker, Ghana has the green lands and skill set to produce most of the food its import like rice, sugar, frozen chicken...
Govt. made great strides to combat cyber-crime and crack down on IP infringement
The Government of Egypt has announced that it is setting up a specialized digital forensic lab for Intellectual Property as part of its enforcement schemes of combating software piracy.
The new lab, the first of its kind in...
Goldfields Ghana Limited has said it will disengage the services of around 1,350 workers, and not 2,150 - with the contractor under its new contract mining arrangement expected to absorb about 80 – 85 percent of them.
The company said this in a letter dated March 9, 2018, signed by...