AFRICA

China’s Aid to Africa for the last Decade Amounts to $75b

  China’s official aid to Africa reached $75 billion within a decade between 2000 and 2011, a new study has identified based on reported figures gathered from the media. Read More | View Original Article

Work On €74m Kwame Nkrumah Circle Interchange Project To Commence in July

 You Are Here: Home » General News » Brazilian firm to kickstart €74m Kwame Nkrumah Circle Interchange project in July Page last updated at Tuesday, May 7, 2013 18:18 PM // The Ministry of Roads and Highways and the Accra Metropolitan Assembly (AMA) on Tuesday organized a stakeholder’s forum to outdoor the design and construction [...] Related posts: Kwame Nkrumah Circle A $100m Project Awarded To Brazili Read More | View Original Article

First Capital Market Conference To Open In Accra

The Securities & Exchange Commission (SEC) of Ghana will host a Capital Market conference in the capital, Accra. Capital market operators, regulators (both local and foreign) as well as policy makers, parliamentarians, academic think tanks and financial journalists will participate in this year’s Capital Week celebration, the SEC’s Director has said. Read More | View Original Article

Barclays Bank Ghana Customers Can Now Remit Cash Using ATM’s

A new remittance software known as SelfServ has been developed by the New York listed NCR Corporation that will enable customers of Barclays Bank Ghana to send money through ATMs to their friends and relatives. Read More | View Original Article

GNGC says Atuabo gas plant will be completed before its deadline

  Ghana’s gas processing plant project at Atuabo would be completed before its deadline this year, Mr. Samuel Agyemah, official of the Ghana National Gas Company, has said. Read More | View Original Article

Government Is Ready To Reduce Taxes On Mining Should The Price Of Gold Fall

  In response to the complaints of mining companies in Ghana over the increase in mining taxes, the government of Ghana has strongly indicated that, it is prepared to reduce taxes on mining if world gold price falls. Read More | View Original Article

IFC sets yearly target of $1b on climate bonds

  The International Finance Corporation (IFC) is planning to raise about $1 billion yearly from global green or climate bonds. The funds will be used to support private sector investment in renewable energy, energy efficiency, and other climate-friendly sectors. Read More | View Original Article

Ghana Cedi comes under pressure

By Leslie Dwight MENSAH Strong import demand and dollar flight as companies repatriate dividends to offshore shareholders have caused the cedi to retreat sharply since the end of March, amid fears that the currency may be suffering a hangover from last year. Read More | View Original Article

Yendi GPRTU appeals for a DVLA office

  The members of the Yendi Branch of Ghana Private Road Transport Union(GPRTU)of TUC have appealed for the establishment of a Driver and Vehicle Licensing Authority (DVLA) office in Yendi. Mr Abdul-Majeed Hamidu Chando, the Yendi Branch Secretary of the GPRTU, made the appeal during the first quarterly meeting of the Union at Yendi. Read More | View Original Article

Government Receives Newmont’s first quarter tax of GH¢78m for 2013

  Newmont Ghana (Ahafo Mine) has announced the payment of GH¢78,191,762 (US$41,858,812) to Government as its first quarter tax payment for 2013. Read More | View Original Article

John Powers Of RtD Girls Academy is Confident Of Success

  John Powers The Chairman of Right to Dream (RtD) USA, John Powers is confident the new RtD Girls programme has a 100% chance of success. RtD will launch the first residential Girls Academy in Africa next month, following the successful completion of the final phase of recruitment. Read More | View Original Article

SEC celebrates Capital Market Week

The Securities & Exchange Commission (SEC) of Ghana has launched its Capital week celebration in Accra. Speaking at the launch of this year’s week celebration which is under the theme “The Capital market: A key to Economic growth and Development,” the Director of SEC, Mr. Adu A. Read More | View Original Article

AP Moller-Maersk CEO Speaks on Expanding Ghana’s Ports

Expanding capacity at Ghana’s ports will remove the pressing problem of bottlenecks, while providing the country with the opportunity to tap investors for attractive infrastructure projects, said the Group CEO of A. P. Moller – Maersk, Nils Smedegaard Andersen.  Andersen told the global publishing, research and consultancy firm Oxford Business Group (OBG) that a lack [...] No related posts. Read More | View Original Article

To Reward Loyalty On The Net, Airtel Ghana Launches Premier Service

Airtel Ghana has unveiled its latest service offering, Airtel Premier, which is designed to delight its customers and reward them for their loyalty. Customers will receive personalized and tailored communications solutions on the Airtel network with the aim of making the experience at each touch point second to none. Read More | View Original Article

Invest In The Caribbean To Mix Business With Fun

The Caribbean has always been associated with fun, beaches and carnivals. But it is much more than that. It is not just a fun destination, but a vibrant business destination. The $20 billion tourist industry plays a big role in the Caribbean economy, but business travelers are also drawn by off shore finance and banking [...] No related posts. Read More | View Original Article

Florists Benefiting From Mother’s Day Celebrations

In today’s economy, people worldwide are spending more on their mothers than they have in recent years. Having spent slightly more on Valentine’s Day, Easter and even St. Patrick’s Day this year, consumers are continuing the trend and will spend a little bit more on  their beloved mothers as well. For retailers, Mother’s Day has become [...] No related posts. Read More | View Original Article

Kumasi Harper Road Shell is ‘The Shell Station of Year 2012′

The Kumasi Harper Road branch of Shell Service has received great commendation for winning the Shell Station of the Year 2012 Award.  At a brief ceremony at the station in Kumasi to announce to staff and customers about the success chalked, the National Director of Shell Ghana, Mr. Read More | View Original Article

High interest rates curbing mortgage growth

By Bernard Yaw ASHIADEY High interest rates and the lack of affordable housing to purchase are two main factors curbing the growth of mortgages in Ghana, Asare Akuffo, Managing Director of HFC Bank, has said. Read More | View Original Article

Gulf African Bank in KSh100m deal with AGF to support SME lending

Kenya’s first and largest Islamic bank Gulf African Bank, has signed a KSh100 million agreement with the African Guarantee Fund to support lending to Small and Medium-sized Enterprises in the country. The portfolio guarantee deal is meant to share the risks associated with lending to SMEs, thus unlocking more financing to them. Read More | View Original Article

rlg to open Global Office in Dubai

All is set for the official opening of the Global Office of rlg Communications Ltd. in Dubai next month, making it the first Ghanaian company and among the few in Africa to do so. Read More | View Original Article

Digital Electronic Billboard introduced in Takoradi.

By Juliet Aguiar, Takoradi Angelic Explo Tours, a company that is into a unique combination of technology, creativity and business strategy, has introduced Digital Electronic Billboards (DEB) to the business community in the Sekondi-Takoradi Metropolis. The platform consists of highly visible, double-sided, full-colour LED display screens mounted on top of taxis. Read More | View Original Article

Reform regional economic blocs

The Chairman of AGAMS Holdings Roland Agambire has called for urgent proactive measures by the African Union to ensure all of its regional economic groupings are reformed and strategically positioned to address the numerous socio-economic challenges facing Africans, particularly the business community on the continent. Read More | View Original Article

Akoko Goldfields promises to develop affected communities

By George Kwasi LARBI Nana Oprohn Ekwam, General Manager of the Akooko Goldfields Limited operating in the East Akyem Municipality, has reiterated the company’s commitment to ensuring development of affected communities. Read More | View Original Article

Don’t just celebrate us

…buy what we produce” — Agambire  Chairman of the Agams Group, Roland Agambire, has enjoined the public to marry the recognition they give to local entrepreneurs with patronage of the products they produce. Read More | View Original Article

Mineworkers target SMEs with S&L Company

By Konrad Kodjo Djaisi The Executive Director of Ghana Mineworkers Union Investment Limited, Robert Asamoah Gyekye, has said that the union wants to help build strong small and medium enterprises, improve businesses and create employment, hence their venturing into the savings and loans business. Known as the Golden Pride Savings and Loans Company, Mr. Read More | View Original Article

P-MAG Investment celebrates five years anniversary

By George Kwasi LARBI P-MAG Investment Company, a Koforidua-based non-deposit Micro Finance Institution, has celebrated its fifth-year anniversary with a call on the youth and market women to cultivate the habit of saving to reduce poverty and end their over-reliance on politicians to better their lives. Mr. Read More | View Original Article

Chairman of Berock Ventures picks up award

The Chairman of indigenous building and civil engineering company Berock Ventures Ltd., Rockson Dogbegah, has been adjudged the Best Entrepreneur, Building and Civil Engineering category at the 3rd UT Ghana Entrepreneur Awards 2012 held over the weekend. Mr. Read More | View Original Article

Sekondi tipper-truck drivers want terminal

By Juliet AGUIAR, Fijai The Sekondi-Takoradi Tipper Truck Association has called on the Sekondi-Takoradi Metropolitan Assembly (STMA) to as a matter of urgency assist them to get a permanent transport terminal. Read More | View Original Article

Africa’s Global FDI Goes Up- Survey Reveals

- Global share of FDI up but project numbers down in 2012  - African GDP expected to be 4% in 2013 and 4.6% in 2014 Africa’s share of global foreign direct investment (FDI) has grown over the past five years highlighting the growing interest from foreign investors, according to Ernst & Young’s third Africa Attractiveness Survey  released on [...] No related posts. Read More | View Original Article

GOIL Bags 23% Profit in First Qtr 2013

Oil marketing firm, GOIL posted 23 percent profit for the first three months of this year. Its profit inched up to 3.2 million Ghana cedis at the end of March this year compared with 2.6 million Ghana Cedis during the same period last year. Read More | View Original Article