BUSINESS

Ghana climbs 13 points up the global trade rank

Mr Carlos Kingsley Ahenkorah, a Deputy Minister of Trade and Industry, says the transformative policies of the Government has moved Ghana from 167 in 2016 to 154th position in 2017 in the ranking of the World Bank Trade across Border Report. The increase in the country’s ranking, he said, could be attributed to the reduction in the time and cost ...

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NABCO can’t solve Ghana’s rising unemployment problem – Dr. Kwabena Donkor

The Ranking Member on Employment Dr. Kwabena Donkor says the Nation Builder’s Corps (NABCO) cannot solve the high unemployment rate in the country, which described as structural. In his view, the programme, which has seen some 100,000 graduates, get a three-year employment is only a short-term measure. “Ghana does not need NABCO now because it is a short cabinet measure ...

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Make Menzgold boss Finance Minister for guaranteeing 200% returns – Sarcastic Ace fires

Private legal practitioner, Ace Kojo Annan Ankomah has, in a sarcastic jest, suggested that the CEO of gold dealership firm, Menzgold Ghana Limited, should be made the Finance minister or even the president for his investment and financial ‘wizardry’ Mr Ankomah said Nana Appiah Mensah’s ability to turn water into wine by paying a 200 percent yearly returns to investors ...

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Namibian Delegation In Ghana

A high-powered Namibian delegation is in Ghana to hold talks with Ghanaian authorities and other stakeholders on the theme of “Strengthening Namibia-Ghana Relationship on Trade and Economic Development”. Led by Mr. Willem Gaeimann, the Permanent Secretary at the Namibian Ministry of Works and Transport, the delegation commenced talks on Monday, October 16 with an opening meeting with the High Commissioner ...

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35% of imports exempted from CTN

The Commissioner-General of the Ghana Revenue Authority (GRA), Emmanuel Kofi Nti, has explained that 35 per cent of all imports into Ghana will not be affected by the Cargo Tacking Notes (CTN). This means that 65 per cent of all imports will be processed through CTN. According to him, data reveal that the 35 per cent that will not be ...

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Pension Funds, Capital Markets and the Housing Sector

Housing development is an expensive business and like all economic activities in a free market economy, it is influenced by the law of supply and demand. All things being equal this means an increase in demand should lead to a correspondent increase in supply. The principle states when demand increases supply also increases to establish price equilibrium. Likewise, when demand ...

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Zonda Ghana, Sinotruk to establish assembly plant

Zonda Ghana, a heavy-duty vehicle trading company is to expand its operations to three new regions as it partners with Sinotruk to establish a truck assembly plant in the country. The Zonda Service Centre and showrooms will be established in Takoradi, Kumasi and Nsawam. The Chief Executive Officer (CEO) of Zonda, Ms Yang Yang, told the Daily Graphic during a ...

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Dalex Finance Empowers Female Entrepreneurs

Dalex Finance has held a capacity building workshop for selected female entrepreneurs, senior executives and managers from the Ghana National Chamber of Commerce (GNCC). The workshop was designed to help participants visualize the future of their businesses, identify opportunities and effectively handle constraints that come with running a business. Chief Executive Officer of Dalex Finance, Ken Thompson, and Director of ...

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