Business
Road Fund Board borrows GH¢109 million from SSNIT
Tuesday, 09 March 2010 23:00    PDF Print E-mail
The Road Fund Board is set to finalise arrangement with the Social Security and National Insurance Trust (SSNIT) to secure GH¢109 million to settle debt owed contractors who draw their monies from the fund.

The contractors, many of them small scale and local, have in recent times been demanding settlement of the debts especially after the Ministry of Finance paid their large scale foreign counterparts some GH¢160 million a few weeks ago.
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Kufuor`s Minister mad at gov't… Over sale of Kosmos shares
Tuesday, 09 March 2010 20:00    PDF Print E-mail
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The former Deputy Energy Minister and Member of Parliament (MP) for Adansi Asokwa, Hon. Kobina Tahir Hammond has advised the government to “respect its contractual obligations” with investors in the newly found oil and gas industry, and refrain from turning the country into what he described as “gangsterism.”
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`Ghana has huge investment opportunities`
Tuesday, 09 March 2010 20:00    PDF Print E-mail
The Chairman and Chief Executive Officer of Edmark International, Mr. Sam Low Ban Chai has indicated that Ghana abounds in huge investment opportunities which could be explored by all potential investors. According to Mr. Low, Edmark International is poised to use Ghana as a platform and a gateway to Africa, to help create wealth among the people in the region.
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George Blankson heads newly created Ghana Revenue Authority
Tuesday, 09 March 2010 17:00    PDF Print E-mail
Economist and tax administration expert George Vincent Blankson has been appointed the Commissioner General for the Ghana Revenue Authority.

Mr. Blankson once served as the Deputy Commissioner in Charge of Operations at the VAT Service in 1998.
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SMEs lack technological push - Economist
Tuesday, 09 March 2010 15:00    PDF Print E-mail
Technology has been identified as a crucial ingredient for the development of Ghana's small and medium size enterprises (SMEs).

Prof. Kofi Nketsia Afful, Economics Lecturer and member of the National Development Commission (NDPC) who made the observation in an interview with the B&FT said there is no hope for a structural transformation, what is known as development, unless every aspect of life of the nation is subjugated to technology.
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Cocoa grinders run at 36% capacity
Tuesday, 09 March 2010 15:00    PDF Print E-mail
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Cocoa processing plants are running at only one-third of their production capacity as a result of inadequate supply of light crop beans to feed the plants, says an industry report seen by Reuters on last week.
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Gov't to engage banks on interest rates
Tuesday, 09 March 2010 09:30    PDF Print E-mail
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Finance Minister Duffuor
The Government will engage banks in the country to deliberate on acceptable interest rate structure that would benefit all stakeholders, and provide a platform for a healthy competition among the banks, the Minister of Finance and Economic Planning, Dr Kwabena Duffour, has said.
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Mills reiterates judicious use of oil cash
Tuesday, 09 March 2010 09:30    PDF Print E-mail
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President John Evans Atta Mills has reiterated his government's commitment to invest oil inflows from the giant Jubilee field production in critical infrastructure projects, to propel national development for the benefit of all.

He
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AAG inducts new officers
Tuesday, 09 March 2010 09:30    PDF Print E-mail
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The AAG's Executive Council being sworn into office and inset, the president, Mrs Norkor Duah and her vice President Joel Nettey and Mr. T. Owusu Nortey, Treasurer
A 16-member Executive Council of the Advertising Association of Ghana, (AAG), has been inducted into office with a two-year mandate.

It
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CEPS urged to auction contents of over-stayed containers
Tuesday, 09 March 2010 09:30    PDF Print E-mail
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Mr Cletus Kuzagbe, President of the Chartered Institute of Logistics and Transport (CILT) - Ghana, has appealed to the Customs Exercise and Preventive Service (CEPS) to auction the contents of containers that had stayed in the Ports for far too long.

He
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Gov't to begin 200,000 unit housing project
Sunday, 07 March 2010 20:15    PDF Print E-mail
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John Mahama
The government is to begin the construction of a 200,000 housing units across the country to ease the housing deficit in the country.

The
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MP urges President to halt illegal mining in Akyem Abuakwa
Sunday, 07 March 2010 09:30    PDF Print E-mail
Kyebi (E/R), March 6, GNA - Mr Atta Akyea, Member of Parliament (MP), for Abuakwa South, has appealed to President John Evans Atta Mills to honour his promise to use State Security to stop illegal mining in the Akyem Abuakwa area.
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Let's do more for economic freedom - Aidoo
Sunday, 07 March 2010 09:30    PDF Print E-mail
Takoradi, March 6, GNA - Mr Paul Evans Aidoo, Western Regional Minister, on Saturday, called on all Ghanaians to strive hard and sacrifice a lot towards the attainment of economic emancipation.

"As we celebrate our 53rd independence today, we must not become complacent but keep on striving towards achieving excellence, our political emancipation, should pave way for economic independence of the Country."
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Management/Union urged to study labour laws
Saturday, 06 March 2010 09:30    PDF Print E-mail
Accra, March 5, GNA - Mr Kofi Asamoah, Secretary-General of the Trade Union Congress (TUC), has urged managements and leadership of Unions to study the Labour laws, especially Act 651, to avoid unnecessary Management-Union confrontations at the work place.
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Be abreast with corruption laws
Saturday, 06 March 2010 09:30    PDF Print E-mail
Takoradi, March 5, GNA - Institutions in the fight for the elimination of corruption, must be abreast with the various laws to make their campaigns and advocacy programmes effective.

Mrs. Florence Dennis, Executive Secretary of the Ghana Anti-Corruption Coalition (GACC), said this at a training programme for Community Based Organisations (CBO's) and Non Governmental Organisations (NGOs) in the Western Region at Takoradi on Thursday.
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Two leading oil companies to invest in Ghana's oil industry
Saturday, 06 March 2010 09:30    PDF Print E-mail
Accra, March 5, GNA - Two leading Nigerian oil companies-Orwell International (Oil & Gas) Nigeria Limited and Africa Oilfields Service Limited (AOS), have expressed interest to invest in the fledging Ghanaian oil industry.

In order to establish their presence in Ghana, the two companies will participate in the 14th Offshore Oil and Gas West Africa Exhibition, scheduled for March 9 to March 11 in Accra.
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