BUSINESS

A 120 kilowatts (KW) capacity gas production plant and a seven tonnage-per-day mechanized gari processing factory completed in 2017, have been abandoned at Asueyi near Techiman in the Bono East Region. Mr Ernest Adakwa Yiadom, the Techiman North District Planning Officer, disclosed that the factory was not in operation after …

Bank of Africa, Stanbic and Calbank offered the highest cost of credit The report is based on information collected from banks The APR reflects the true cost of a loan and processes undergone for its approval The September 2021 Annual Percentage Rates (APR) by the Bank of Ghana has revealed that Republic …

The Minister of Finance, Ken Ofori-Atta in his 2022 Budget presentation spoke about a new tax government was proposing, the Electronic Transaction Levy (E-levy). The levy has dominated discussions in and out of Parliament with proponents stressing its importance to broadening the tax net while opponents have lamented its negative impact on …

The Securities and Exchange Commission (SEC) has issued the first credit rating licence to an indigenous company in Ghana, which will allow for an independent evaluation of the creditworthiness of debt securities on the Ghana Fixed Income Market. This will be a boost to development of the corporate bonds market, …

The government has revealed its intention to facilitate the recruitment of Ghanaian labour seeking to work in the Gulf region in a programme dubbed ‘Work abroad’. This, it believes, would help cut down on the mistreatment of Ghanaians who go there in search of greener pastures. Giving a keynote address …

The Minister of Finance, Ken Ofori-Atta, has given the clearest indication yet that the state has no intention of rescinding its decision to introduce the levy on electronic financial transactions (e-levy), citing the application of revenue generated from the levy to areas such as employment creation as crucial. Nicknamed the …

The first Ghanaian-owned vessel known as the MV Flat Confidence for the oil sector has been unveiled in Takoradi. Owned by FlatC Marine Offshore Limited, the 71-meter long and 19-meter-wide vessel will provide hold back support during oil export operations at the CALM Buoy and deck cargo supply services to …

The central bank has reviewed its policy rate from 13.5% to 14.5% Inflation, among other factors contributed to this new decision The first MPC meeting for 2022 is scheduled for January 25 to January 28, The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the policy rate by …

Ghana Cement Manufacturing Company (Ghacem) has launched an application on Google and IOS platforms to assist masons to know the safety of cement usage as well as application in the country. The app, according to the management of Ghacem, was to teach masons across the country, cement ratio mixes to …

The Minister of Education Dr Osei Yaw Adutwum has touted the  2022 budget as one of the best financial policy for Ghana’s educational sector in recent years describing it as a game changer for education transformation budget.   According to Dr Osei Yaw Adutwum who is also the MP for Bosomtwe …