Business

Business Homeland News

Japan ready to support Ghana in the rice value chain – GRIB

Japan has shown commitment to collaborate with Ghana to promote the food value chain in the country with emphasis on increasing the production and processing high quality rice. At a seminar for stakeholders on Thursday, Mr Imoro Amoro, the President of the Ghana Rice Inter-Professional Body (GRIB) said the rice […]

A barista prepares a coffee with beans from Ghana's Volta Region at a coffee shop in the Osu neighbourhood of Accra on August 24, 2017. Photo: CRISTINA ALDEHUELA / AFP
Business Homeland News

Ghana wakes up and smells the coffee

LEKLEBI FIAPE, Ghana – Like many people around the world, 80-year-old Kofi Afadi can’t start his morning without a cup of coffee. “Every morning when I take coffee I feel happy and go about my day,” the farmer told AFP in his village in the green hills between Lake Volta […]

Ghana cocoa season
Business Homeland News

Ghana to commence the 2017/2018 cocoa season in October

Ghana’s industry regulator Cocobod plans to open the 2017/18 cocoa seasons on October 13, later than usual, after receiving part of a syndicated loan it signed this month to cover its purchasing needs, two company officials said on Saturday. The world’s second-largest cocoa producer does not plan to lower the […]

Togbe Afede XIV
Business Homeland News

Togbui Afede wants Ghana to expand trade with foreign countries

President of the National House of Chiefs, Togbe Afede has admonished government to build strong trade cooperation with foreign countries to attain its objective of making Ghana a development hub on the continent. Togbe Afede believes this is a surest way of ensuring a country beyond foreign aid as espoused by […]

Bank of Ghana
Business

15 more banks likely to collapse

Fifteen banks in the country may struggle to meet the new capital levels introduced by the Bank of Ghana. This could force them to lose their license by January 1, 2019, unless they are able to raise the capital or merge. JoyBusiness analysis showed that currently, only 10 banks can […]

Rebecca Akufo-Addo, First Lady
Business

Give women five months maternity leave – Rebecca Akufo-Addo

The First Lady, Mrs. Rebecca Akufo-Addo has called for the extension of maternity leave from the current three months to five months. This according to her is in line with provisions of the International Labour Organization’s Maternity Protection Convention which Ghana is a signatory to. She made the call among […]

GIS & SHC
Business

GIS signs MoU with State Housing for 1000 houses

The Ghana Immigration Service in a renewed effort to provide its Officers with decent accommodation has entered into a partnership with the State Housing Company (SHC) to make that a reality. In a Memorandum of Understanding (MOU) signed on Wednesday, the SHC, is to provide 1,000 homes, 10 Regional Offices […]

President Akufo -Addo laying the foundation stone for the new factory
Business

Akufo-Addo lays foundation stone for new cement factory in Tema

The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Tuesday, August 15, 2017, cut the sod for the construction of a new cement grinding factory, at the Tema Freezones enclave. Congratulating the Board, Management and Staff of CBI Ghana, and their partner, Lafarge-Holcim, for taking the decision to invest […]

Half of the population in Ghana's Northern Region lives below the poverty line, yet the slot machines are almost everywhere. (Noah Fowler / For The Times)
Business Homeland News

One-armed bandits hit the savanna: Inside the Chinese-led gambling epidemic in rural Ghana

When the machines arrived last winter, the villagers were mesmerized. In Zamashegu, a farming community of 1,000 people in northern Ghana, they may as well have come from outer space — four electric slot machines installed in two roadside shacks, chirping and clattering, bathing the packed-dirt walls in a pale, […]

Gold
Business Homeland News

Ghana’s gold, diamond output to drop as govt curbs small-scale mining

Ghana’s gold output is likely to drop sharply in 2017 because of curbs on the small-scale mining that lifted production last year but was causing damage to the environment, a government official said on Saturday. Total gold output from Africa’s second largest producer was 4.1 million ounces in 2016, the […]