The Bank of Ghana has said it is liaising with security agencies to deal with some microfinance companies in the Volta Region who are said to have swindled investors of
Speaker Supports Changes In New Petroleum Bill
The second reading of the Petroleum Exploration and Production Bill 2016 was characterized by heated argument in Parliament yesterday on the unlimited power given to the Minister of Petroleum to
Gold Fields Exits National Grid In September
Gold Fields Ghana Limited is expected to switch the source of energy supply for its mining operations in the Western region from the national grid to privately generated electricity in
Ghana Pays $400,000 To Ivory Coast
Ghana’s importation of some 180 megawatts of power from neighboring Ivory Coast is said to be costing nearly $400,000 every day, sources close to the Volta River Authority (VRA) have
NPP Taunts Gov’t Over AMERI’s $10m
Nana Akomea Government can still not regularly supply gas to domestic power producers two years after President John Dramani Mahama and his appointees described the Atuabo gas plant as an
GTBank Opens Dansoman Branch
Guaranty Trust Bank (Ghana) Limited has opened a new branch at Dansoman in Accra, bringing to 34 the total number of GTBank branches across the country. The opening of the
‘Don’t Use Youth Unemployment For Propaganda’
Dr Yaw Ansu Chief Economist at the African Center for Economic Transformation (ACET), Dr. Yaw Ansu has urged politicians not to use issues related to youth unemployment for propaganda ahead
Ghana Must Transform Manufacturing Sector-US Envoy
The United States Ambassador to Ghana, Robert P. Jackson, has urged Ghana to transform its manufacturing sector to increase the number of ‘made-in-Ghana’ products exported to the US market. The
June Inflation Records 18.4%
Dr Philomena Nyarko, Government Statistician Year-on-year inflation rate stood at 18.4 percent in June 2016, down by 0.5 percentage point from the 18.9 percent recorded in May 2016. Dr Philomena
Avaya, RayCom Partner Assist Ghanaian Firms
Avaya, a global leader in business communications software, systems and services, has announced a strategic alliance with RayCom Technologies to deliver ‘hybrid cloud solutions’ to mid-market companies in Ghana and
Suspend Killer Tariffs Now – TDCL
Wilson Agana, Chairman of TDCL. The leadership of the Tema District Council of Labour (TDCL) of the Trades Union Congress (TUC) and workers in the Tema Industrial Area are gearing
Power In Africa Too Costly – Veep
The Vice President speaking at the event Vice President Paa Kwesi Amissah-Arthur says electricity tariffs in Africa are high. Mr. Amissah-Arthur made the disclosure on Tuesday while delivering the keynote
Ghana Losing $9.9m To Ameri Monthly
Ghana is losing a monstrous $9.9 million on a monthly basis to the owners of the Africa & Middle East Resource Investment (AMERI) power plant for no work done. Per