Business

NCA sanctions halted
Business

Court halts NCA’s sanctions against radio stations

The Electronic Communications Tribunal has directed the National Communications Authority (NCA), to halt the execution of sanctions it imposed on some 131 radio stations in the country for various offences. The Tribunal ordered that, pending the final determination of the case that had been brought before it by the Ghana […]

The Bank of Ghana
Business

Ghana’s debt stock hits ¢138.9 billion – Bank of Ghana

Ghana’s total debt stock ending September this year reached ¢138.9 billion according to Bank of Ghana’s (BoG) report on the summary of economic and financial data for this year. The report was released after the Monetary Policy Committee of the Central Bank met from Wednesday to Friday to review the health of […]

A number of businesses set up stands at Manhyia
Business Opinion

Ghana economic reforms needed: Rocket science

It was with unexpected confidence that Ghanaian Finance Minister, Ken Offori-Atta, presented his latest budget to parliament last week. His bold claims to have “turned the economy around” and brought “relief to Ghanaians” raised more than a few eyebrows on the floor – not least due to the paucity of […]

The President of the Republic of Ghana, Nana Akufo-Addo (centre), Qatar Chamber (QC) Vice-Chairman Mohamed bin Towar Al Kuwari (sixth right) and other prominent Qatari businessmen at the Qatar Chamber headquarters in Doha, yesterday.
Business Homeland News

Qatari businesses invited to invest in Ghana

The President of the Republic of Ghana Nana Akufo-Addo called on Qatari businesses to invest in promising sectors of the  Ghanaian economy, which include agriculture, mining and gas industry among others. This came during a meeting with Qatari businessmen yesterday headed by Qatar Chamber (QC) Vice-Chairman Mohamed bin Towar Al […]

President Nana Addo Dankwa Akufo-Addo
Business Homeland News

Ghana proposes $13.9 billion budget in 2018

The Ghanaian government plans to spend $13.9 billion (62 billion Ghana cedis, about N4.2 trillion) in the 2018 fiscal year, the country’s finance minister said on Wednesday. Presenting the government’s fiscal policy to parliament, Kenneth Ofori-Atta, said the budget, with the theme “Putting Ghana Back to Work”, would continue and […]

Maiden SME Summit in Ghana
Business Homeland News

Ghana SME CEOs Summit Starting Today, November 20th

The maiden Ghana SME CEO’s summit is scheduled for today Monday, November 20, in Accra, under the theme: ‘Scaling-up SMEs for inclusive growth: The CEO and government as drivers’. The summit will enable global Small and Medium-sized Enterprises (SMEs) and local SMEs’ CEOs to integrate and interact with world class […]

ECG
Business

ECG cuts power to GBC for non-payment of bills

The Electricity Company of Ghana (ECG) has ignored an appeal from the Ministry of Information against disconnecting power to the state broadcaster, the Ghana Broadcasting Corporation (GBC), in Kumasi. The ECG on Thursday cut electricity supply to the state broadcaster’s transmission station at Asokwa for non-payment of accumulated bills to […]

One district one factory
Business

2018 Budget: Government to allocate GHC430 million for One District, One Factory

The government’s flagship district industrialisation programme, One District, One Factory (1D1F) is likely to receive a GH¢430 million allocation in next year’s budget, when the Minister of Finance presents the economic policy statement to Parliament on Wednesday. The proposed amount is slightly lower than the GH¢456.3 million budgeted for the […]

President Akufo-Addo
Business

Ghana set to become aviation hub in West Africa – Akufo-Addo

The President of the Republic, Nana Addo Dankwa Akufo-Addo, says the vision of his Government is to establish Ghana both as an aviation hub within West Africa, and as the preferred destination of choice for travellers. Government, President Akufo-Addo added, hopes to achieve this by working with the private sector […]

Ghana Post app
Business

GhanaPost app: Government paid $2.5m for ‘free’ Google service – IT Researcher

A Ghanaian researcher based in the United States of America, Kingsley Komla Elikem, has said government did not need to award a $2.5million contract to VOKACOM to develop the Ghana Post GPS app to be used for Ghana’s digital addressing system because that technology already existed on Google. The app […]