Business

Ghana Business and Financial News

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WB approves Guarantees for Ghana’s Energy Transformation

The World Bank’s Board of Directors has approved a record investment of $700 million in guarantees for Ghana’s Sankofa Gas Project a statement from the Bank said

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Women entrepreneurs urged to stick to best practices

The Head of the Business Advisory Centre (BAC) in the Afigya-Kwabre District, Madam Mariana Kusi, has urged women entrepreneurs to stick to best practices to sustain the viability of their enterprises

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Smaller fuel filling station folding up in Wa

With the government’s policy to withdraw subsidies on petroleum prices and to allow companies dealing in petroleum products to determine prices, some smaller filling stations operating in the Wa Municipality have started folding up

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Ghana’s annual coffee export records deficit – CRIG

Dr George Opoku, the Deputy Director of the Cocoa Research Institute of Ghana (CRIG), has said that the country is recording huge annual deficits in the export of coffee

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Businessman in trouble for issuing false cheque

A 40 year-old businessman has been fined GH¢ 720.00 by the Tarkwa Circuit Court for issuing a dud cheque to a transport operator after hiring his vehicle to transact business

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BOG committed to stabilising the cedi against foreign currencies-Dr Asiamah

Dr Johnson Asiamah, Assistant Director at the Governors Department, Bank of Ghana, (BoG) on Wednesday said the Central Bank was committed to stabilizing the cedi against other major foreign currencies

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Courier service providers urged to obtain license

The Postal and Courier Services Regulatory Commission has advised companies, which are not courier service providers but render such duties , to regularise their operations and obtain the necessary licensing

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ENGINE programme rewards young entrepreneurs

Enhancing Growth In New Enterprises (ENGINE) business plan competition and entrepreneurship development programme has rewarded 76 entrepreneurs in Accra

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Minority warns of economic reccession

The Minority in Parliament on Wednesday warned that Ghana stands the risk of slipping into the worst-ever economic recession if government does not rein in the country’s spiralling national debt and inexcusable budget deficits

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Societe-Generale Ghana launches ‘Spread the Word’ Promotion

Societe-General (SG) Ghana has launched a referral campaign dubbed: “Spread the Word Promotion’ to encourage existing customers to share their good experiences at the bank with others

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Producer Price Inflation for June stands at 23.1 per cent

The Producer Price Inflation (PPI) rate for June 2015 increased to 23.1 percent indicating that from June 2014- June 2015, the PPI increased by 23.1 per cent

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GOIL thrills drivers in Ho with low prices

Ghana Oil Company Limited (GOIL), has endeared the hearts of many in Ho with its relative low fuel prices

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GRA educates public on benefits of voluntary tax payment

Ghana Revenue Authority (GRA), has organised an educational forum in Accra to sensitise the public on the benefits of voluntary tax payment

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Government to introduce professional training shipping sector

Government is to set up modalities to compel shipping companies to introduce a training regime which ensures that their local staff gain professional qualifications in shipping

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Engen Ghana gets new lubricants distributor

Engen Ghana Limited, a subsidiary of PETRONAS in Malaysia, has appointed Samir Engineering and Trading Company Limited (SETL)/ Quantum Petroleum, as the official distributor of Engen’s full range of lubricants in the country

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Government alone cannot solve unemployment challenges

Mr Kwame Annoh, of the Specific Vocational Preparation Business Development of the Royal Bank, says government alone cannot solve the challenges of unemployment

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