With global growth showing solid momentum, the challenge is to make it inclusive, World Bank Chief, Jim Yong Kim, has said last week. “The challenge now is to ensure that strong growth will translate into inclusive growth, so that the benefits of global economic integration are enjoyed by all members of society,” Kim said at the start 2018 Spring Meeting of … Read more
Government’s resolve to make Ghana the financial hub in the sub-region and to diversify the sources of funds for Ghanaian bonds will receive a boost as Finance Minister Ken Ofori-Atta leads a delegation to Japan. A statement from the Finance Ministry said the visit from April 9 – 14, 2018 is expected to boost bilateral … Read more
The Bottled Water Producers of the National Association of Sachet and Packaged Water Producers say they will on March 5 meet to decide a possible shutdown if the tax stamp regime negatively affects their productivity. This decision was reached on Wednesday after a meeting to ascertain if members were ready for the implementation of the … Read more
Mr Zakaria Braimah, the Upper East Regional Head of the Food and Drugs Authority (FBA), on Monday advised members of the public to report any fake and expired products to the authority for immediate investigation. He urged consumers to carefully examine products such as drugs, cosmetics, food, medical devices among others for their expiry date … Read more
Two persons have died from a gas tanker explosion at Baku, a community near the Atuabo Gas Processing plant in the Western Region. Two others are said to have suffered various degrees of injury and are receiving treatment at the Ekwe Hospital. The gas tanker was en-route to the Atuabo Gas processing plant site from … Read more
The repugnant odour that has engulfed Apemenin in the Ahanta West District of the Western Region, is not dangerous to human health, the Ghana Rubber Estate Limited (GREL) has maintained. Residents in and around the area, including Agona Nkwanta, have for years complained about the foul odour from the factory which is sited at Apemenin, … Read more
From one district-one factory, one village-one dam, to one constituency-one million dollars, Nana Addo is now promising one student-one chocolate bar per day… President Nana Akufo-Addo appears to have fallen in great love with promises and policies that are based on ‘one this for one that’. Starting with the one district-one factory policy ahead of … Read more
Miss Ghana audition team is strongly behind the Stop Bleaching campaign… When the FDA announced the implementation of the skin bleaching products’ ban, not just the Stop Bleaching campaign or health workers took note, beauty pageants across the country were also listening. Miss Ghana one of the highest beauty pageants has joined in the fight … Read more
Hydroquinone is an active agent found in skin bleaching products. Scientists have conducted several studies which prove that the agent can cause skin cancer. It is found in many toning products which flood in an out of the markets. Hydroquinone is commonly used by people across the Caribbean, African and West African countries for skin … Read more
Panasonic on Monday reported quarterly gains in profits and sales thanks to a strong performance in its auto-related sector, confirming the Japanese electronics mainstay is on course for recovery. The Osaka-based company is best known abroad for electronics, but has shifted to other sectors, including energy and an auto division that makes products from electrical … Read more
A request to block Toshiba from raising much-needed cash by selling a flash memory venture was taken off the table on Friday in a California court. Toshiba and Western Digital agreed to an order recommended by a state court judge who asked the companies to collaborate on an agreement instead of dueling over an injunction … Read more
Robert Bosch Ghana Ltd, a subsidiary of Robert Bosch GmbH, has joined the growing list of companies partnering with Appolonia City, the master-planned city in Greater Accra, through the placement of the Bosch Solution Box at the development. Bosch, one of the world’s leading providers for power tools, power tool accessories and measuring tools,will roll … Read more
This represents a 1.1 percent drop from the 3.7 percent recorded in May 2017. The PPI measures the average change over time in the prices received by domestic producers for the production of their goods and services. Explaining the reasons accounting for the drop in producer inflation, the Acting Government Statistician, Mr. Baah Wadieh attributed … Read more
Let me begin by borrowing the words of Martin Luther, “Our lives begin to end the day we become silent about things that matter.” You all bear me witness when the ultimate leader of this country, His Excellency, Nana Addo Dankwa Akufo-Addo, on the occasion of the 60th Independence Anniversary Celebration at the Black Star … Read more
Global machinery giant Caterpillar reported a jump in second-quarter profits Tuesday and lifted its full-year forecast, amid strong construction in China and improving commodity markets. Net income for the quarter ending June 30 rose 46 percent to $802 million, as revenues climbed 9.6 percent to $11.3 billion. Caterpillar, which manufacturers industrial equipment, saw its share … Read more
General Electric reported lower second-quarter earnings Friday following a mixed performance of its industrial division as outgoing chief executive Jeff Immelt prepares to step down. Net income was $1.2 billion, down 57 percent from the year-ago period. Revenues fell 11.8 percent to $29.6 billion. The results in the 2016 period were boosted by the inclusion … Read more
Ram’s new hand was manufactured on a 3D printer in Nepal’s capital for just $30, an innovation that could be a game changer for many in the impoverished Himalayan country. Once a farmer, Ram lost his hands and toes within a few years of contracting leprosy, forcing the father-of-three to turn to begging in a … Read more
US scientists have calculated the total amount of plastic ever made and put the number at 8.3 billion tonnes. It is an astonishing mass of material that has essentially been created only in the last 65 years or so. The 8.3 billion tonnes is as heavy as 25,000 Empire State Buildings in New York, or … Read more
A British-based company that made smartphones costing thousands of pounds will be liquidated after a plan to save it failed. Vertu was known for its high-end, jewel-encrusted handsets, but recently faced financial difficulties. The company’s liquidation will result in the loss of nearly 200 jobs. One technology analyst said Vertu would have faced competition from … Read more
Ghana has again made history by being the first African country to successfully undergo a nuclear research reactor conversion from a Highly Enriched Uranium (HEU) sensitive fuel, to a Lower Enriched Uranium (LEU) sensitive one. The conversion, which was done by a joint team of scientists from the United States (US) Security Department and China, … Read more