Prime News Ghana

Today's Ghana Business, Banking and Economic news

32 Companies, business executives honoured

A Deputy Minister of Trade and Industry, Mr Robert Ahomka-Lindsay, has urged Ghanaian companies to ensure quality in their products and services to be able to compete in the international market.

MTN make GHS3.54bn in revenue

Telecommunication giants MTN have announced that their Ghana unit's third-quarter revenue grew to 3.54 billion Ghana cedis from 2.49 billion Ghanaian cedis during the same period a year ago.

Ghana now 154th in global trade ranking

Ghana has now climbed 13 places in the new global trade ranking and that has seen them move from 167th in 2016 to 154th position.


The Deputy Minister of Trade and Industry Mr Carlos Kingsley Ahenkorah attributed this development to transformative policies of the Government.

The increase in the country’s ranking, he said, could be attributed to the reduction in the time and cost of import procedures from two weeks to 48 hours and 50 dollars respectively, per consignment under the National Single Window platform.

He said similar improvements were registered in the World Bank Logistics Performance Index (LPI), where Ghana rose 12 places from 100th in 2014 to 88th position in 2016, the highest improvement since the survey was launched in 2017.

The Deputy Trade and Industry Minister made this known when he addressed exporters and stakeholders at the 78th National Exporters’ Forum in Accra on Wednesday October 17, 2018.

He added that the government will continue to clear barriers to trade and ensure that the country's export regime flourish.

Mr Ahenkorah said exporters played an indispensable role in the economy through influencing the level of economic growth, employment and the balance of payments.

Ghana News: Latest news in Ghana

Telecom charges to go up due to 5% NHIL and GETFL

The Ghana Chamber of Telecommunications has issued a statement on behalf of its members; AirtelTigo, MTN and Vodafone to notify its esteemed customers and the general public of tariff modifications following the implementation of the new tax laws.

Prez. Akufo-Addo says Ghana is ready for business

President Akufo-Addo says Ghana is ready for business and is urging investors from the United Kingdom to take advantage of the growing business-friendly climate in the country and invest.

Cargo Tracking Note (CTN) Policy starts today - Kofi Nti

The Commissioner-General of the Ghana Revenue Authority (GRA), Emmanuel Kofi Nti has indicated that the Cargo Tracking Note (CTN) policy will start today, Monday October 15, 2018, in spite of the court action against suit its implementation.

IMF cuts Ghana’s GDP growth to 6.3%

The International Monetary Fund, IMF has revised downwards its earlier 6.8 per cent Gross Domestic Product (GDP) projection for the Ghanaian economy in 2018 to 6.3 per cent.