Business

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 […]

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 […]