BUSINESS

Confederation of African Football (CAF), President Ahmad Ahmad has been given a five-year ban by the world governing football body, FIFA after being found guilty of receiving gifts and misappropriation of funds. The adjudicatory chamber of the independent Ethics Committee has found Ahmad Ahmad, the President of the Confederation of …

As widely expected Ghana’s public debt has now passed the generally accepted sustainability threshold of 70 percent of Gross Domestic Product, the GHc273.8 billion in total debt by the end of September translating to 71.0 percent of GDP. This is up from GHc209.1 million a year previously by which time …

Ghana and Cote d’Ivoire have set their own prices for cocoa to counter unfair trade in the international market. To overcome control by multinational foreign companies, the two countries partnered in 2019 and agreed on new market price for cocoa at US$2,600 per tonne, with a living income differential of …

Over 20, 000 smallholder farmers have been supported to cultivate about 38, 000 hectares of maize and soya, Mr Felix Ngmenkaara Darimaani, the National Programme Coordinator of the Savannah Zone Agricultural Productivity Improvement Project (SAPIP) has said. He said under the COVID-19 response strategy of the programme, 15,000 farmers were …

Finance Minister, Seth Terkper, has said the current Finance Minister’s penchant to churn out questionable figures during budget presentations so his books will look good, is contributing to Ghana’s troubled economy. According to him, because Ken Ofori-Atta usually fails to provide the true figure of, for instance the budget deficit, the financial system …

The Ghanaian fashion industry keeps growing day by day. As a result, fashion designers try their very best to keep up with new trends to stay in business. Chief Executive Officer of Turquoise Couture, Belinda Ofori, in an interview on GhanaWeb’s BizTech programme revealed how she protects her brand to …

Ghana will soon get a Consolidated National Conservation Agriculture manual that will review the myriad of existing Conservation Agriculture manuals and develop a standardized one to serve as a one-stop reference document for stakeholders. Conservation Agriculture is a sustainable approach to agricultural production aimed at protecting soil from erosion and …

Government could increase the education budget by US$1.5 billion if it increases the tax-to-GDP ratio by 5 percentage points in the medium term, international civil society organisation, ActionAid has said in a new report. ActionAid estimated that a 5-percentage-point increase in the tax-to-GDP ratio would lead to about US$7.8 billion …

The Banker to Banker Lotto Writers’ Association of Ghana (BBLWA) has threatened to hit the streets if President Nana Addo Dankwa Akufo-Addo fails to remove the current boss of the National Lottery Authority (NLA), Osei Ameyaw from office. The association has accused Mr Ameyaw as working against them to take …

Finance Minister Ken Ofori-Atta has said the government will implement deliberate policies to attract diaspora investors to invest in the Ghanaian economy. He said that the government has already started attracting foreign investors into the country. Speaking on the sidelines of the Diaspora Business Breakfast meeting organized by the Ghana Investment Promotion …