Prime Business, Economic and Financial News

Rising debt, low interest posing greatest market risks

The prolonged period of low central bank interest rates and rising debt in developed economies poses the greatest risk to financial markets in the…

GRA put thousands of dollars’ worth of goods to flames

The Ghana Revenue Authority (GRA) on Tuesday put to flames some goods worth several thousands of dollars.

Green-oriented SMEs Fund established

A fund to improve access to finance for climate and green-oriented small and medium-sized enterprises (SMEs) in Africa has been established by the Africa Guarantee Fund (AGF), a pan-African non-bank…

Google Launches mentorship programme for African tech entrepreneurs

Google Africa has launched a special mentorship programme for technology designers and entrepreneurs across the African continent.

ADB to release GHȻ200m for One-District-One-Factory project

The One-District-One-Factory project has received another boost in funding, a 200 million cedi support from the ADB Bank Limited.

NHIS arrears set to be cleared – Govt.

The Finance Ministry is currently engaged in measures aimed at clearing all arrears to health service providers under the National Health Insurance Scheme (NHIS).

KEC not involved in Tema-Akosombo railway work

KEC International, India’s second largest manufacturer of electric power transmission towers has dissociated itself from proposed construction work on the Tema-Akosombo railway.

2018 budget statement translated into seven local languages

Head of Public Relations at the Ministry of Finance, Madam Cecilia Isabella Akwetey, says the 2018 Budget Statement and Economic Policy of government has been translated into seven Ghanaian languages…

WomanRising 100 Most Outstanding Women Entrepreneurs

The African Network of Entrepreneurs (TANOE), through its flagship network, WomanRising has announced its 2017 WomanRising 100 Most Outstanding Women Entrepreneurs (100 MOWE) List.

Average base rate of banks drops to 25.7%

The average base rate among commercial banks in the country has reduced to 25.7% - representing a 3.4% change from the previous 26.6% recorded in September.

GIPC’s effort yields little result in the northern regions

Efforts by the Ghana Investment Promotion Centre (GIPC) in attracting investment into the country has yielded little results in the northern regions of Ghana.

Ecobank's research reveals 3 market growth trends for the Africa

The 2017 version of Ecobank Research’s Fixed Income, Currency and Commodities (FICC) Guidebook, which provides expert knowledge and analysis on African markets for investors and businesses, has been…

Exhibitors from over 20 countries to hit Ghana for W/Africa Int’l Trade Show

Ghana will be playing host to exhibitors from over 20 countries at the 4th West Africa’s International Trade Show next month.

Ghana to feed Burkina Faso 100MW of electricity daily

The Ministry of Energy has hinted that on completion of the 225kva Bolgatanga-Ouaguadougou interconnection project, Ghana will be exporting about 100MW of electricity daily to the neighboring,…

Govt. to launch e-PoS system for tax next year

The Ministry of Finance has disclosed that the proposed electronic Point of Sale systems for tracking tax revenues in the country will be launched by July next year.

Announcing electricity tariff reduction was needless- Wereko-Brobby

Dr Charles Wereko-Brobby, has described the government's decision to announce electricity tariff as needless.