IMANI Centre for Policy and Education has expressed some reservations over the number of ministries created by the new government and called for a merger of the new portfolios with the existing ministries to save cost. Mr Franklin Cudjoe, the President of the Policy Think Tank, told the Ghana News Agency in an interview, that … Read more
IMANI Centre for Policy and Education has expressed some reservations over the number of ministries created by the new government and called for a merger of the new portfolios with the existing ministries to save cost. Mr Franklin Cudjoe, the President of the Policy Think Tank, told the Ghana News Agency in an interview, that … Read more
Ghana’s economy will grow at a faster rate if more factories are set up across the country to process farm produce, Emmanuel Asiedu, Chief Executive Officer of Gratis Foundation, an agency under the Ministry of Trade, has said. According to him, about 40 per cent of farm produce in Ghana go waste after they have … Read more
The Ministry of Gender, Children and Social Protection, has been adjudged the most inspirational public institution for 2016 in the Imani Inspirational Public Sector Leadership Awards (IPSLA). The Electoral Commission, the Ministry of Health , the National health Insurance Authority and the National Commission for Civic Education won the second, third , fourth and fifth … Read more
Finance Minister Seth Terkper has indicated that the expansion of the petroleum industry will not hamper the contribution of agriculture to the Ghanaian economy. He was of the view that the petrochemical sector would rather spur development and increased growth of agriculture. Mr Terkper, who was a guest on Class FM’s ‘Inside Politics’ programme on … Read more
Over the past couple of months, local cement manufacturers in the nation have greatly expressed concern over unfair competition by foreign producers, particularly Nigeria’s Dangote Cement. Complaints directed to the government include that the activities of the foreign companies on the market makes their operational cost very unfavorable. One of the country’s leading cement producers, Diamond Cement … Read more
Local cement producers in the country have in the past months complained bitterly to government over unfair competition by importers of cement from other countries as well as the operation of Dangote Cement. This has brought untold operational difficulties on local cement producers since the market does not favour their operational cost. Direct effect of … Read more
Diamond Cement has served notice it will lay off fifty percent of its staff due to the inability of the company to sustain its operations. According to the company, it is utilizing only 43% of its production capacity despite the 1000 direct and indirect staff strength. “Just last month, I was compelled to sack 10 … Read more
Sterling International Ltd won two additional Platinum awards in Auto-Industrial coating division of the recent 26th Export Excellence Award organized by the Ghana Export Promotion Authority for two consecutive years, in 2014 and 2015. This was in recognition of the Company’s impressive performance by brining in foreign earnings of USD 29,503,995.00 (Twenty –Nine Million, Five … Read more
ALL is set for the much talked about Komenda Sugar Factory to commence commercial production of Sugar on Monday, November 28, 2016. Ghana currently spends more than $200 million on sugar importation annually and the Komenda Sugar Factory is expected to reduce this huge import bill on sugar. At full capacity, the company can produce … Read more
President John Dramani Mahama has assured exporters that the expansion of the Ports of Ghana, both Tema and Takoradi is part of government’s efforts to expand infrastructure so as to blossom their business. The President in a speech read on his behalf by Mona Quartey, Deputy Minister of Finance at the 24th President’s national awards … Read more
President John Dramani Mahama has assured exporters that the expansion of the Ports of Ghana, both Tema and Takoradi is part of government’s efforts to expand infrastructure so as to blossom their business. The President in a speech read on his behalf by Mona Quartey, Deputy Minister of Finance at the 24th President’s national awards … Read more
An important development in our cement industry has been the introduction by government of price deregulation, to neutralise local producers’ market monopoly and incidents of cement shortage. Local producers had captured the lion share of the market and had made the greatest impact on retail prices, but when Dangote and other foreign firms jumped in, … Read more
The Minister of Trades and Industry, Ekow Spio-Garbrah has explained that prices of cement in the country have reduced appreciably due to moves by government to boost competition in the sector. Spio-Garbrah has come under pressure from the Association of Cement Manufacturers of Ghana (CMAG) for approving the license of some foreign companies to import … Read more
Inesfly Africa Limited picked the prestigious award for its insecticide paint, in the Manufacturing category at the just ended 9th Business and Financial Services Excellence Awards held at the Coconut Groove Hotel over the weekend. This award is for Inesfly’s outstanding contribution and impact made so far to the economic development of the nation. The … Read more
The Association of Cement Manufacturers of Ghana, (CMAG), is demanding an immediate apology from the Trade and Industry Minister, Dr. Ekwow Spio Garbrah, for allegedly granting permits to some foreign cement producers to export their products directly onto the Ghanaian market. The local manufactures say, Dr. Spio Garbrah acted illegally when he deliberately signed and … Read more
The Komenda Sugar Factory in the Central Region will resume operations in November, Secretary to the Board of Governors of the company, Ransford Vanni-Amoah has said. According to him, the factory, which has been shut down for the past three months, is set to be transferred to a new Chief Executive Officer and a Ghanaian … Read more