Government bent on protecting small depositors – BoG Governor

July 31, 2018 Governor of the Bank of Ghana (BoG), Dr. Ernest Addison has disclosed government’s resolve to bring on stream the Ghana Deposit Insurance Corporation. This, he said, was imperative to...

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July 31, 2018 / Comments (0)

Economy growing stronger – BoG

July 31, 2018 Bank of Ghana Governor Dr Ernest Addison, has said the Ghanaian economy is recording strong growth. The economy, he explained, grew with a 6.8 per cent Gross Domestic Product (GDP) in the...

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July 31, 2018 / Comments (0)

Manufacturing wobbles to 11-yr low

July 31, 2018 For more than a decade, Ghana’s manufacturing businesses have been at the mercy of cheap imports, pricy loans and erratic power supply, resulting in contraction and collapse of some...

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July 31, 2018 / Comments (0)

BOSCH keen to make country automotive hub for West, Central Africa.

July 24, 2018 BOSCH Ghana, a subsidiary of leading German supplier of technology and services, has said its keen on making Ghana a hub for its automotive business in West and Central Africa. “Bosch...

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July 24, 2018 / Comments (0)

Wage bill hits GH₵14bn…takes 45% of tax revenue in 2017

July 24, 2018 Government’s wage bill for 2017 was GH₵14.4 billion, representing a 44.8 percent of the country’s tax revenue and 7 percent of GDP. The figure is 2.3 percent short of was recorded in...

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July 24, 2018 / Comments (0)

15 Banks ready to recapitalise – 17 Still on capital hunt

July 24, 2018 Fifteen out of the 32 banks are now in line to recapitalise to GH¢400 million by December this year. The fate of the remaining 17 is still unknown, barely six months to the end of the...

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July 24, 2018 / Comments (0)

Central bank stays policy rate on inflation scare

July 24, 2018 After inflation inched up for two consecutive months (May and June), the central bank has decided, at its latest monitoring policy meeting, to maintain its policy rate at 17percent, as a...

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July 24, 2018 / Comments (0)

MID-YEAR BUDGET REVIEW: Businesses, households to save GHC1.8bn annually

July 20, 2018 Minister of Finance, Ken Ofori Atta has said that due to prudent reforms and effective management decisions in the country’s energy sector, the Akufo-Addo government has helped businesses...

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July 20, 2018 / Comments (0)

Fifteen factories start under One-district, One-factory

July 20, 2018 Work has started on 15 factories under the government’s One-district, One-factory (1D1F) initiative, the Minister of Finance, Mr Ken Ofori-Atta, has said. Presenting the mid-year budget...

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July 20, 2018 / Comments (0)

Ghacem builds strong partnerships with distributors

July 18, 2018 Ghacem, Ghana’s leading cement manufacturer, has organised a stakeholder conference aimed at assisting distributors grow their businesses while cementing their relationship and...

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July 18, 2018 / Comments (0)