BUSINESS

Ghana’s Economy On Diversification Path — Bawumia

Ghana has undergone considerable changes in terms of its economic structure through diversification, by shifting focus on the production of raw materials to value addition, says Vice-President Dr. Mahamudu Bawumia. According to him, this is a key pillar of Nana Akufo-Addo’s ‘Ghana Beyond Aid’ agenda, which is being implemented through …

Read More »

2 Sunyani factories put on 1D1F programme

The Sunyani Municipal Assembly in the Bono Region is to retool and expand two existing processing factories as part of the government’s flagship One-District, One-Factory (1D1F) programme, Municipal Chief Executive (MCE), Mrs Justina Owusu-Banahene, has disclosed. The factories which have been registered with the Ministry of Trade and Industry (MOTI) …

Read More »

Feasibility studies on proposed Sky-Train project completed – GRDA

Chief Executive of the Ghana Railway Development Authority (GRDA) says the feasibility studies on the proposed sky-train project for Ghana has been completed and is under review. According to Richard Dombo, government after the review will sign a contract to begin the implementation of the project. “The sky trains are …

Read More »

Stock Market breadth on the positive side as advancers outpace decliners

Upward price movements in three banking, insurance and telecom counters pushed the benchmark index up by 9.77 points (+0.42%) to close the session at 2,215.92 with a -1.83% year-to-date return while market capitalization increased by 0.18% to settle at GH¢56.75 billion. Ecobank Ghana (-1.14%) moderated the GSE Financial Index by …

Read More »

Mandatory arbitration for employment criticised

The General Secretary of Ghana’s Maritime and Dock Workers Union, Daniel Owusu-Koranteng has criticised the mandatory arbitration condition forced on workers in employment agreements with companies, especially multi-national firms operating in Ghana. According to him, forcing workers involved in disputes to arbitration under conditions determined by the employer is inappropriate …

Read More »

Ghana’s aviation makes gains as sub-region diverts flights to Kotoka Airport

Ghana has started raking in the benefits of its investments and the robust aviation navigation installations it has deployed over the years as part of measures to make the country the aviation hub in the West African sub-region. Subsequently, the Kotoka International Airport (KIA), considered one of the safest airports …

Read More »

Overland-Tandberg to start operations in Ghana

Overland-Tandberg, a Silicon Valley based global technology company that develops and manufactures hybrid cloud IT infrastructure and data protection solutions has publically announced its readiness and commitment to start operations in Ghana. The CEO and Chairman of the company, Eric Kelly, made the announcement at the closing bell-ringing ceremony at …

Read More »

AngloGold Ashanti exits SA, sells mines for US$297 million

AngloGold Ashanti has reached an agreement to sell its remaining South African producing assets and related liabilities to Harmony Gold Mining Company Limited. Consideration for the transaction is in cash and deferred payments with expected proceeds of around US$300 million, subject to subsequent performance, and with additional proceeds if the …

Read More »

Say no to NDC and give Nana Addo Four more years – Ahafo Regional Minister 

The member of parliament for Asunafo North Constituency, who doubles as the Ahafo Regional Minister, Hon. Evans Opoku Bobie made this statement in a community engagement at Fawohoyeden and it’s surrounding conurbations under the Asunafo North. The hardworking MP urged the people of the above mentioned community to keep on …

Read More »

Railway Company announces free passenger ride on Nsawam rail line

Management of the Ghana Railway Company Limited (GRCL) has announced plans to run a free passenger service on the Accra-Nsawam rail line. The new announcement comes on the back of an earlier exercise that was expected to have taken place last month but could not happen due to technical challenges. …

Read More »