Sunday, November 24, 2024

BUSINESS

Ensuring supply of power during the ongoing FIFA World Cup, GRIDCo reveals to PURC its plans.

Ghanaians have been assured of reliable power supply as the Football World Cup reaches an important point for the country. Chief Executive of the Ghana Grid Company GRIDCo Ing. Ebenezer Essienyi made this known during a working visit at the...

‘SMEs reluctance to repay loans increases cost of borrowing’

The Head of Business Advisory Services for Ghana Export and Import Bank (EXIM Bank), Mr Frank Obeng, has identified that the reluctant behaviour put up by most Small and Medium-sized Enterprises (SMEs) in the payment of their loans increases...

Jospong ventures into large-scalerice production; signs deal with Thailand Exim Bank, majorplayers in industry  

The Jospong Group of Companies (JGC) has responded positively to the government’s decision to boost rice production in the country by signing Memorandum of Understandings(MoUs) with major rice players in Thailand. Presenting the 2023 Budget in Parliament last week, the...

 Gold 4 Oil programme from Jan. 1: BoG to buy 20% refined gold …from mining companies for purchase of oil for Ghanaian market

All large scale mining companies in the country are to from January 1 next year, expected to sell 20 per cent of all refined gold at their refineries to the Bank of Ghana (BoG). The purchase would be made in...

2023 budget: Bagbin urges Minority, Majority to cooperate in the benefit of the country

The Speaker of Parliament Alban Bagbin has told Members of Parliament to work together regarding the debate and approval of the 2023 budget statement in the interest of the nation. Speaking at a post budget workshop on Saturday November 26,...

Speaker: The legislature is trying to create a budget and fiscal assessment department.

The Speaker of Parliament Alban Bagbin has revealed that Parliament is working to establish a budget and fiscal analysis department. He said this during a post-budget forum held on Saturday November 26. Mr Bagbin said this department will help furnish Members...

Bawumia responds to criticism on the gold-for-oil policy.

Vice President Dr. Mahamudu Bawumia has stated that some analysts and commentators have misinterpreted Ghana’s stated policy of using gold reserves to pay for oil as an attempt by the country to move away from the US dollar for...

Revenue mobilisation, closing tax loopholes must feature in 2023 budget – Experts

The Minister of Finance, Ken Ofori-Atta, is expected to present the 2023 Budget Statement and Economic Policy of the government to Parliament today. The exercise which is in line with the Public Financial Management Act, 2016, Act 921, mandates the...

Oman Fofor opens Apple showroom in Accra

Oman Fofor Trading Co. Ltd., a leading business ICT and office automation solution provider in Ghana has opened an Apple showroom as the authorised dealers of Apple phones and its accessories. The new OmanFofor Apple showroom located inside the Silver...

Minister of Public Enterprises visits Consolidated Bank

The Minister of Public Enterprises, Mr Joseph Cudjoe, has paid a working visit to Consolidated Bank Ghana Ltd(CBG) as part of his familiarisation tour. In his introductory remarks, the Minister indicated that his visit was to learn first-hand the operations...
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