BUSINESS

The President of the Ghana Best Farmers’ Association, Nana Abraham Adusei has asked policymakers in the cocoa industry to actively involve cocoa farmers in decision-making processes. Addressing a members of the World Cocoa Farmers’ Organisation (WCFO) themed “Consolidating the Cocoa Farmer’s Voice – a Key to Sustainable Cocoa Production and …

The Local Government Ministry has announced, the setting aside of some streets within Greater Accra and Ashanti Regions, as street markets during the yuletide. The “Street Hawking Markets”, according to a statement signed by sector Minister, Hajia Alima Mahama, will operate between 5am-11pm from Monday, December 16, 2019, through to …

LPresident Nana Addo Dankwa Akufo-Addo has said that the government is working to ensure strict enforcement of the country’s laws to discourage foreigners from engaging in retail business in the country. The President said he sides with the Ghana Union of Traders Association’s (GUTA) interpretation of the country’s trade laws …

Ghana and China have signed a grant agreement for US$42.62 million for the implementation of economic and technical projects to be agreed on by the two sides for their mutual benefit. Finance Minister Ken Ofori-Atta, and Chinese Ambassador Mr Shi Ting Wang, initiated the deal on behalf of their respective …

Staff of the Ghana Grid Company (GRIDCo) have suspended their sit-down strike. The staff were protesting the operational challenges of the company linked to the indebtedness of some companies to GRIDCo. A joint statement issued by the company said “following a Joint Standing Committee meeting of the Management and Staff …

Trade and Industry Minister Alan Kyerematen has said the government’s flagship programme, One district, One factory, has so far witnessed about 200 companies that are at various stages of implementation. The projects, Mr. Kyerematen said, cover a spread of 112 districts of the 275 districts in the country. He further …

The Vice President Dr Mahamudu Bawumia has disclosed that in January 2020, passengers will be able to check which bus or commercial vehicle ( trotro) is properly insured or registered using their phones before they board them. Speaking at a reception on Wednesday December 11, 2019 organised by the National …

The Head of Tax Compliance at the Ghana Revenue Authority, Mr. Henry Sam has served notice that the authority will prosecute tax defaulters. In line with this, the Legal Department of the Authority had been directed to compile reports on all such offenders. He said the authority has already initiated …

On August 14th, 2017 the Bank of Ghana (BoG) revoked the licenses of UT Bank and Capital Bank. GCB took over the two under a Purchase and Assumption transaction. Less than a month later on 11th September, 2017, the BoG announced an increase in the minimum capital requirement for banks …

Billionaire Michael V. Roberts who has been turning the business world on its head is now the economic king of Ada;eastern part of the Greater Accra Region in Ghana. This information was shared on Instagram by American author Dr Boyce Watkins who together with his son are now part of …