Business & Finance

Tor Staff Threaten Drastic Action Unless Govt Averts Gh₵350,000 Daily Loss

Tuesday, July 22, 2014 Junior staff of the Tema Oil Refinery TOR have appealed to President John Mahama to save the refinery from collapse. They say say the refinery is bleeding with a dailyloss ofGHâ350,000due to the shutdown. Samuel Boateng, Secretary of the Junior Staff Association of TOR, told Joy News ...

Rlg takes on Kwaku Kwarteng for wrongful representation

Tuesday, July 22, 2014 Local telecommunication giant, Rlg could be bracing for court to rein in MP for Obuasi, Kwaku Kwarteng for spreading untruth about the company. The MP had accused the company of fraudulently benefitting from tax concession. A survey report dated 12th December 2013 of a survey conducted by t ...

2014 rankings of Ghana's Most Valuable brands out!

Tuesday, July 22, 2014 Brand researchers, Premier Brands, have released their latest rankings of the countrys most valuable and most respected brands. The rankings, which place Ghanas brands on the world map of branding, is the result of months of intense research conducted by Premier Brands Ghana, an independent or ...

Embrace Multilateral Trading System- Dr Wampah

Tuesday, July 22, 2014 Dr Alberta speaking on behalf of the Governor at the Seminar Dr. Henry Kofi Wampah, Governor of the Bank of Ghana BoG, has asked countries in the West African sub-region to embrace multilateral trading system in order to enhance their participation in international trade negotiations. He s ...

Review Constitution To Save Central Bank From Government Manipulations

Tuesday, July 22, 2014 The constitutional review and implementation committee has stipulated measures to prevent what it terms as the manipulation of the central bank.The committee points some level of interference in the operations of the Bank of Ghana by successive governments.Experts say though the Bank ...
Solomon Kotei, the General Secretary of ICU reading the petition

20 Factories Threaten To Shut Down

Tuesday, July 22, 2014 Solomon Kotei, the General Secretary of ICU reading the petition The Industrial and Commercial Workers Union ICU has stated that over 20 companies in Tema have threatened to shut down if government fails to reduce excessive corporate taxes and address problems confronting the countrys economy ...
By Samuel Boadi

Broll Advocates Massive Retail Dev't

Tuesday, July 22, 2014 Jim Baiden right Deputy MD of Fidelity Bank and Kofi Ampong, CEO of Broll Ghana in a handshake at after the cocktail Broll Ghana Limited, an international construction consultant, has recommended the promotion of local investment in retail property development following the competitive ...

Seth Terkper, Finance Minister

3rd Eurobond Issue Awaits Expert Approval

Tuesday, July 22, 2014 Seth Terkper, Finance Minister Ghanas next Eurobond floatation, which is expected to come off soon, is awaiting the approval of transaction advisors, Finance Minister, Seth Terkper, has said. According to him, the prescription of the experts would determine the exact period for conduc ...
Mohammed Amin Adam

ACEP Lauds Gov't

Tuesday, July 22, 2014 Mohammed Amin Adam The Africa Centre for Energy Policy ACEP has commended Government for taking a bold initiative to improve petroleum governance, particularly in some of the new Petroleum Agreements PAs that have been submitted to Parliament for approval. We are encouraged that PAs for t ...

High food prices killing Ghanaians

Tuesday, July 22, 2014 Increase in petroleum prices last week has pushed up prices of basic foodstuffs such as plantain, yam, cassava, and other local staples, while house rents are also steadily moving upwards with weak regulatory body to control it. The price of petrol premium was up by 23.08 per cent translating ...

Local investors out-muscled in PPPs

Tuesday, July 22, 2014 Local investors have had to play second-fiddle to their foreign counterparts in the financing of huge infrastructure projects under governments Public Private Partnership programme. This is attributable to the inability of local investors to mobilise the huge funds required for these big-ticket ...

NDC Grabs Extra $490m And Pushes External Debt To $12bn

Monday, July 21, 2014 Ghanas borrowing streak, which has become a subject of debate in recent days, continues unabated. Parliament was last Friday compelled to approve various loan agreements sourced from its development partners by the government, totaling US495,788,879.However, the approval did not escape ...

Facilitate governance reforms in oil contracts - ACEP urges gov't

Monday, July 21, 2014 Africa Centre for Energy Policy ACEP, an energy-policy think-tank, has entreated government to facilitate more comprehensive governance reforms pertaining to oil contracts if the country is to be a model of good petroleum resource management. It adds that government should demonstrate good fai ...
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