NEWS

COCOBOD has dispelled a report that Japan rejected Ghana’s cocoa because it did not meet the Japanese Food Sanitation Law, following the detection of 2, 4-D – a herbicide. The herbicide was detected as part of a 100-ton consignment to Japan in July 2017. But COCOBOD said that did not …

Aviation Minister, Cecilia Dapaah has said all residential and commercial buildings situated on Ghana Civil Aviation Authority, GCAA, lands at East Legon will be demolished. According to her, some sensitive aviation gadgets positioned in the area cannot function effectively because of the encroachment. “We can’t sacrifice the safety of our …

The Association of Ghana Industries (AGI) is on the verge of signing a US$2 billion facility with a consortium of Chinese investors to serve as a pool of funding for its members and other domestic entrepreneurs who are interested in participating in the government’s flagship industrialisation programme, the ‘one district, …

President Nana Addo Dankwa Akufo-Addo has called on African leaders to ‘dismantle’ any cumbersome business processes and unfavourable policies to unleash private capital and expertise in achieving the Sustainable Development Goals (SDGs). “Africa needs a strong and vibrant private sector to boost its economy. A strong and vibrant private sector …

Expanding and deepening financial markets across Africa is a central condition for the next stage of the continent’s development. That is a key conclusion of the Africa Financial Markets Index launched Wednesday by think tank Official Monetary and Financial Institute Forum (OMFIF) and sponsored by Barclays Africa Group Limited (BAGL). …

The Bank of Ghana has revealed plans to enable patrons of commercial vehicle, “tro-tro,” pay their transportation fare via digital means after the passage of Payment System and Service Bill is passed by Parliament. Deputy Governor of Bank of Ghana, Dr Maxwell Opoku Afari, who disclosed this explained that, “If …

The amount of money mobilized outside the banking system through mobile money reached record GH¢2.3 billion ending December 2017, according to data from the Bank of Ghana. The amount represents a growth of 84.6 percent over the December 2016 amount of GH¢1.3 billion.  These funds mobilized through mobile money are …

Four journalists with the Graphic Business, the business newspaper of the Graphic Communications Group Limited (GCGL), have been shortlisted for the 2017 edition of the annual business and financial journalism awards by the Institute of Financial and Economic Journalists (IFEJ). The four are part of the 11 financial journalists from …

Telecom Company, AirtelTigo, says it aims to provide superior customer experience with improved network coverage, which creates a meaningful differentiation from its competitors. “Through our combined network, we will offer wider and improved coverage and better quality of service to customers in both urban and rural Ghana,” said the Chief …

Barring any intervention by government, prices of Petroleum products will go up in February, a research analyst with the Institute of Energy Security Richmond Rockson has predicted. The caution comes after the Chamber of Petroleum Consumers (COPEC) warned of rising prices at the pumps at the beginning of the year. …