Ghana Signs 27 MoUs With Morocco

Government of Ghana has signed 27 Memoranda of Understanding (MoUs) with the Kingdom of Morocco. This was in collaboration with the country’s vibrant private sector which signed 22 out of the 27 MoUs with the North African country —with government directly signing five of those. The MoUs, which were signed on Friday, February 17, 2017 … Read more

Chamber of Commerce To Establish Regional Shipping Line

The Ghana National Chamber of Commerce (GNCC), as part of its strategic plan, would soon establish a regional shipping line dedicated to the West African coast to facilitate trade within the region. The shipping line, which is a West Africa project, has undergone the necessary procurement procedures with government and stakeholders, and it is expected … Read more

Gov’t, Private Sector Sign 27 MOUs With Morocco

The government of Ghana together with some private sector organizations and the Kingdom of Morocco, have signed 27 memorandums of Understanding (MOUs). Five of the MOUs are with the government directly, whiles 22 are with private sector players in the country. The MOUs signed today [Friday], at a ceremony held at the Flagstaff House and … Read more

Ghana and Morocco Sign 27 MOUs

The government of Ghana together with some Private Sector Organizations and the Kingdom of Morocco have signed 27 Memorandums of Understanding (MOUs). Government will deal directly with 5 of the MOUs whiles the private sector will work on 22. The MOUs signed today at a ceremony held at the Flagstaff House and witnessed by both … Read more

Private Sector Pushes For Optimal Inflation Target

Private sector businesses have strongly advocated an optimal inflation target to guide economic policies that support private sector growth. They argue that the current drop in inflation while other factors such as interest rates and depreciation remain unchanged, make it difficult for them to plan and expand their business operations. “I think that as a … Read more

Seek Education On AGOA Before Exporting

An International Consultant, Mrs Jan Forest, has urged manufacturers in the export trade business to seek education on the customs and regulations of the United States of America (U. S.A) before exporting goods through the African Growth and Opportunity Act (AGOA) trade initiative. She explained that the education would enable the local companies to realise … Read more

Chamber of Commerce Lauds Trade Minister’s Ideas

The Ghana National Chamber of Commerce has expressed satisfaction with the Trade and Industry Minister, Alan Kyremanteng, for pledging to strengthen and boost local businesses in the country. Alan Kyremanteng during his vetting process mentioned the African Growth and Opportunity Act (AGOA) as one of the organizations he would use to increase Ghana’s trade market … Read more

JCI Launch Project To Revive Volunteerism

The Ghana Chapter of the Junior Chamber International (JCI), a global organisation of young business executives has launched a project christened ‘Active Citizens Campaign’ to revive volunteerism among the youth. The project will engage the services of more than 50,000 youth to undertake charitable activities to improve the well-being of people. Speaking at the launch … Read more

GNCC Assures Gov’t of Commitment To ‘pro-Business’ Agenda

Government will be supported by the Ghana National Chamber of Commerce (GNCC) in creating a conducive business environment for the private sector as well as tackling the problem of unemployment as part of government’s goal. The chamber expressed their confidence in the New Patriotic Party government’s pro-business agenda in a a congratulatory message to the … Read more

GNCC Assures Gov’t of Commitment To ‘pro-Business’ Agenda

The Ghana National Chamber of Commerce (GNCC) will support government’s goal of creating a conducive business environment for the private sector as well as tackling the problem of unemployment. In a congratulatory message to President Nana Akufo-Addo following his assumption of the office, the chamber expressed confidence in the New Patriotic Party government’s pro-business agenda. … Read more

We Won’t Tolerate Corruption – Ken Ofori Atta

The Finance minister-designate, Ken Ofori Atta, is encouraging investors seeking to do business in Ghana to report any act of corruption they may encounter in the process of getting their businesses started. Addressing a cross section of business operators at the Ghana-Morocco Economic Meeting, the yet- to- be- approved minister for finance, gave a strong … Read more

Reducing Taxes Will Require More Time – Ken Ofori Atta

Finance Minister Nominee, Ken Ofori Atta has told Citi Business News government will have to undertake a careful analysis of its tax cuts promise before it implements it anytime soon. According to him, modalities for implementing the NPP’s promise to cut down taxes will largely be outlined in the 2017 budget. “The tax cuts will … Read more

Reducing Taxes Will Require More Time – Ken Ofori Atta

Finance Minister Nominee, Ken Ofori Atta has told Citi Business News government will have to undertake a careful analysis of its tax cuts promise before it implements it anytime soon. According to him, modalities for implementing the NPP’s promise to cut down taxes will largely be outlined in the 2017 budget. “The tax cuts will … Read more

Ghana News

Former Managing Director of Fidelity Bank, Edward Effah, has been appointed Chairman of the Board of Directors of the company. His appointment took effect from November 1, 2016. Mr. Edward Effah replaces Mr. Ishmael Yamson, who resigns after a successful 12 year run as Non-Executive Chairman of the Unilever Ghana Board. A statement on the … Read more

Letter To National Accreditation Board of Ghana

December 28, 2016 The Executive Secretary National Accreditation Board of Ghana (NAB) Accra, Ghana Dear Sir: We wish to draw the attention of the National Accreditation Board (NAB) to the following and seek action thereof: 1. Nana Appiagyei Dankawoso holds himself out as a holder of an honorary doctorate degree conferred by the Dayspring University … Read more

We Will Give NPP Time To Address Our Challenges – GNCCI

Business Associations have stated that the business industry will not pressurize the incoming government into fulfilling promises made to them at least for the first six months in office. According to them, the new government must be allowed to work over a period of time to fulfill its promises made to industry. “I think we … Read more

Peaceful Election Crucial For Business Growth – GNCCI

The Ghana National Chamber of Commerce and Industry (GNCCI), has advocated peace before, during and after this year’s Presidential and Parliamentary elections. The Chamber contends that a distortion to the peace and stability will pose serious risks to businesses. “We should not take the peace and stability in the country for granted. The business community … Read more

Peaceful Election Crucial For Business Growth

The Ghana National Chamber of Commerce and Industry (GNCCI), has advocated peace before, during and after this year’s Presidential and Parliamentary elections. The Chamber contends that a distortion to the peace and stability will pose serious risks to businesses. “We should not take the peace and stability in the country for granted. The business community … Read more

Ghana EximBank Takes Off

Export development finance institution, EximBank Ghana, has been launched to bolster government’s quest for an aggressive and sustainable export-led economy. The EximBank has long been touted by economists and business minded think-tanks as the surest relief package whose effective operation could tackle the issue of lack of access to finance stifling the growth of firms … Read more

Astronomical Interest Rates, Killer of Businesses

One and five Ghana cedis notes. File photo. “Well, I do not think I will be able to go for the loan for us to undertake the project. The interest rate the financial institutions are quoting is too much and that will, without doubt, increase our cost of operation and hugely affect our profit margin”. … Read more