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The Managing Director of Dzata Cement, Nana Philip Archer, has said wholly-Ghanaian-owned company is expecting that its entrance into the market will help stabilise supply and price. The company, owned by Mr Ibrahim Mahama, is projecting an annual production of some three million tonnes of cement for the Ghanaian and African markets once it becomes […]Continue Reading
Business
This May, the African Development Bank Group is launching a call for proposals for projects enhancing the viability and sustainability of women entrepreneurship enablers. Women’s business associations, incubators, accelerators, and cooperatives that advance women’s entrepreneurship, can apply for funding for innovative projects or programs to bolster the skills of small Continue Reading
Business
Private agribusinesses have organized the Fresh Green Ghana Project Knowledge Sharing Conference to deliberate on promoting safe greenhouse production in Ghana. Speaking at the Conference in Accra, Acting Head of Horticulture Development Unit at the Ministry of Food and Agriculture, Esther Agyekum revealed that MoFA has funded projects which did not yield expected results, Continue Reading
Business
Transport Minister, Kwaku Ofori Asiamah is assuring residents of Cape Coast that the much-anticipated airport will be completed before the end of President Akufo-Addo’s second term. The Minister explained that the promise of building an airport and a harbour for Cape Coast by the president was not an empty promise but a definite plan that […]Continue Reading
Business
The Small-Scale Miners Association has threatened a three-day nationwide ant-government demonstration if the authorities at the helm of the illegal small-scale mining activities (galamsey) do not stop burning their equipment. At a press conference at Ntaferewaso in the Twifo-Atti Morkwa District of the Central Region, the group’s Director of Communication, Mr Abdul Continue Reading
Business
Ghana’s debt increase of 137% between 2016 and 2020 is lower than previous administrations, Finance Minister, Ken Ofori-Atta has disclosed. Comparing debt levels of all the past governments, Mr. Ofori-Atta said the rate of increase in debt presently is lower than that of former President John Kufuor, late former President John Mills and former President […]Continue Reading
Business
The leadership of the Ghana Private Road Transport Union (GPRTU) will, this week, resume dialogue with the Transport Ministry and other stakeholders on a possible transport fares increment. The union says the previous dialogue ended inconclusively because of the unstable pump prices of fuel. The dialogue commenced after transport operators proposed an upward adjustment of Continue Reading
Business
The Public Utilities Regulatory Commission (PURC) has said “following the conclusion” of its “preliminary investigations” into the recent power cuts, it is, in accordance with the regulatory processes, “ascertaining the liability and possibility of compensation to consumers in recognition of any loss occasioned by the erratic power supply.” “The Commission further Continue Reading
Business
A private lotto operator, Alpha Lotto Limited has poached an award-winning actor, media guru and brand ambassador, Mikki Osei Berko to be the Master of Ceremony (MC) for Alpha lotto transparent live draw on GTV. Mr Osei Berko affectionately called Master Richard or Dada Boat for his roles in TV series is currently the Executive […]Continue Reading
Business
A group calling itself Alliance of Drivers Ghana has said it is “illicit and unacceptable” for some group of drivers to decide themselves when to increase fares while the government and other regulatory bodies have not done so. This comes on the back of a statement from the Concerned Drivers Union and True Drivers Union […]Continue Reading
Business
Gold mining company Gold Fields has a compelling investment case for its shareholders and any investor looking for exposure in a high quality and cash generative gold business, new CEO Chris Griffith said on Thursday. Answering questions during a conference call following reporting an attributable equivalent first-quarter gold production of 541 000 oz, Griffith spoke […]Continue Reading
Business
The Ghana Private Road Transport Union (GPRTU) and the Ghana Road Transport Coordinating Council (GRTCC) have asked their members not to increase transportation fares until further notice despite the recent hike in the prices of fuel. In a joint statement, the two unions said negotiations have already begun to determine an “appropriate fare adjustment acceptable […]Continue Reading
Business
The government has been advised to seek economic assistance programme from the International Monetary Fund to bring back life into the Ghanaian economy. Former Finance Minister, Seth Tekper recently urged the government to consider a “Home Grown” or “External” programme to revitalize the economy which has been saddled with high debt and financing gap, partly […]Continue Reading
Business
Former Lands Minister, Inusah Fuseini, says some Ghanaian companies continue to export rosewood outside the country despite a ban by government. Addressing stakeholders’ at the Joy Forum to address the illegal trade of rosewood Wednesday, the former Tamale Central MP said neither the erstwhile Mahama administration nor the incumbent government has lifted the ban Continue Reading