President assents to COVID-19 repeal law
President John Dramani Mahama yesterday assented to the COVID-19 Health Recovery Levy Repeal Act 2025. This effectively scraps the one per cent charge imposed on goods, services and imports since the... read more
American companies poised to support gov’t to fight Ebola
The American Chamber of Commerce Ghana says American companies operating in Ghana will offer assistance to the government of Ghana to prevent the spread of the deadly Ebola disease to Ghana. This was... read more
GNPC to begin exploration of Volta Basin in January
Citi Business News has learnt that the Ghana National Petroleum Corporation (GNPC) will by the beginning of next year begin exploration work on the Volta Basin. The basin is believed to have a huge... read more
AGI welcomes Spio
The Association of Ghana Industries (AGI) has welcomed the newly-appointed Minister of Trade and Industry, Dr. Ekow Spio Garbrah, to resolve the numerous challenges facing industry, including the... read more
Microfinance Institutions urged to strengthen credit risk analysis to reduce high loan default rate
A financial and investment expert says Microfinance Institutions in the country will have to strengthen their credit risk analysis and finance performance systems to reduce the high non performing... read more
Director of Public Affairs at NPA attacks media for bias against the Authority
The Director of Public Affairs at the National Petroleum Authority, Yaro Kasangbata has launched a scathing attack on members of the media profession and accused them of bias against activities of... read more
Gas-flaring could extend beyond deadline
Jubilee Field operator Tullow Ghana says it may request an extension to its temporary gas-flaring authorisation if Ghana’s gas infrastructure is not completed by the end of October. Tullow was... read more
Scrap-export ban proves ineffective
Local steel manufacturers are still reeling under the weight of the unbridled export of scrap metals in spite of a 2013 ban of the practice. Officials at Tema Steel Company and Sentuo Steel Limited... read more
‘Empower local manufacturers in built environment’
The government policy which requires a 60 percent minimum use of local building materials (LBMs) in building and construction by 2015 can be achieved if government empowers local manufacturers to... read more
Maritime trade likely to pick up
Maritime trade flows, which witnessed a significant annual drop in the second quarter of the year, will likely pick up in the third and last quarters as relative stability returns to the foreign... read more
First Atlantic opens new branch at Abossey Okai
The First Atlantic Bank has extended its operations to Abossey Okai in Accra with the opening of a new branch. The bank’s board Chairperson, Madam Karen Tandoh, who chaired the function, expressed... read more