Prime News Ghana

Today's Ghana Business, Banking and Economic news

Joy Industries Ltd CEO appeals to gov’t for tax holidays for local firms

The Chief Executive Officer of Joy Industries Ltd, Dr Manfred Takyi, has appealed to the government to provide tax holidays to indigenous Ghanaian companies to assist them to grow. He has also advocated for the establishment of a special fund to support local industries which are performing well and which seek to expand beyond the frontiers of the country.

11 AngloGold Ashanti staff lost lives on duty in 2015

Mining giants AngloGold Ashanti has said 11 of their staff lost their lives in the line of duty in 2015.

According to the mining outfit, the figure underlines “safety as the most pressing challenge, primarily at its South African operations.”

Banks to be tougher on new loan applicants

 Following the rising Non-Performing Loans (NPLs), banks in the country have begun reviewing their credit policies in order to reduce bad debts on their books.

20th International Trade Fair set for Tamale


Savannah Accelerated Development Authority (SADA), in collaboration with the Ghana Trade Fair Company Limited, is ready to commence the 20th International Trade Fair in Tamale from next week.

Economy to turn around - Terkper

The Minister of Finance, Mr Seth Terkper, says the economy is on the track to recovery and with the assistance of the International Monetary Fund (IMF), it is expected that the country would avoid the slippery path of previous election years.

IMF urges increased data use in Africa

The International Monetary Fund (IMF) has charged governments in Africa to take statistics seriously and publish quality and reliable data regularly.

ECOWAS External Tariff cannot be suspended – Dep. PRO of Trade Ministry

Deputy Public Relations Officer of the Ministry of Trade and Industry Nasir Ahmed Yartey says it is near impossible for Ghana to unilaterally stay away from implementing the Economic Community of West African States (ECOWAS) external tariff meant to streamline the tax slapped on imported goods in member countries.