Prez. Mahama Urges African Nations to Harness Mining for Local Growth
Prez. Mahama Urges African Nations to Harness Mining for Local Growth Accra, Ghana — President John Dramani Mahama has called on African nations to transform their mining sectors into engines of... read more
Energy Ministry cited in underhand dealings in sale of oil blocks
The Ministry of Energy has been cited in several underhand dealings with regards to the sale of oil blocks in the country. Ghana’s rich oil fields located in and around the Cape three point of the... read more
Central Bank measures not meant to frustrate investors – Veep
The Vice President, K.B. Amissah-Arthur, says the recent measures announced by the Bank of Ghana are not meant to frustrate investors. Rather, they are aimed at reducing over dollarization of the... read more
‘Pure’ water in Kumasi now 20 pesewas
Producers of Sachet water in Kumasi say the cost of producing the product has risen significantly, necessitating a rise in the cost of sachet water. To this end,the Sachet Water Producers Association... read more
Banking consultant says Gov’t rushed with the implementation of 17.5% VAT levy on banks
Banking Consultant and Head of the Osei Tutu Center for Executive Education and Research, Nana Otuo Acheampong says government erred in its approach to the announcement on the planned implementation... read more
Mahama releases GH¢10m to aid young entrepreneurs
The President, John Mahama has released GH¢10 million to assist the youth in Ghana to start up small and medium scale businesses. He made this announcement in a post on his Facebook page in which he... read more
Galaxy S5 fingerprint scanner hacked with glue mould
The fingerprint sensor on Samsung’s Galaxy S5 handset has been hacked less than a week after the device went on sale. Berlin-based Security Research Labs fooled the equipment using a mould it... read more
Google shares drop on worries over advertising income
Shares in Google have dropped 5% despite the technology giant reporting a first-quarter profit rise of 3%. Profits were $3.45bn (£2.05bn), but investors are preoccupied by Google’s inability... read more
UT Bank rolls out strategies for 2014
After a poor performance in terms of profitability in 2013, UT Bank, has evolved a number of measures to return the bank to profit ways this year. These include restructuring of the bank’s... read more
Ban on Kumasi funerals affecting domestic airlines
Patronage of domestic airline services has dropped over the past two months following a temporary ban on funeral activities in Kumasi, Ashanti Regional capital. The situation has affected revenues of... read more
Ghana loses $1.2 billion annually to tax incentives- ActionAid Research reveals
The role of taxation in development financing cannot be overemphasized. However the capacity of many developing countries including Ghana to raise the needed tax revenue to finance their development... read more