BUSINESS

MPC to keep policy rate at 23.5% – GN Research

GN Research has said it expects the Monetary Policy Committee (MPC) to keep the Monetary Policy Rate at 23.5%, due to a positive trend in inflation outlook, a stable currency, an improved investor confidence and the general positive outlook for the economy. The (MPC) of the central bank is set to announce a new Monetary Policy Rate (MPR), on Monday ...

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Experts laud Ghana for improved trade facilitation reforms

Ghana has been described as a leading example of progress that can be made with a good integrated national single window programme. The country has also made substantial gains on key international indicators such as the World Bank’s trading across borders and logistics performance index. Trade Facilitation expert, Tom Butterly who is also a retired senior official of the World ...

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Forget galamsey and ban Uber – Angry taxi drivers to government

Members of the Committed Drivers Association have called on government to ban Uber, a location based app that makes hiring an on-demand private driver easy. In an interview with Ekourba Gyasi on Atinka AM Drive, Chairman for the Committed Drivers Association, Charles Danso argued that there are road traffic regulations available to persons running taxi services in the country but ...

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Halt inefficiencies at the ports – Veep directs GPHA

The Vice-President, Dr Mahamudu Bawumia, has directed the country’s port authorities to act decisively in halting the inefficiencies at the ports. Such inefficiencies and other bottlenecks, he said, had resulted in significant losses in revenue to the state, businesses and individuals. “The inefficiencies encourage collusion among some importers, clearing agents, and Customs officers to exploit the system to the detriment ...

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Finance Minister sets condition for IMF programme extension

Finance Minister Ken Ofori-Atta says Ghana’s program with the International Monetary Funds (IMF) would only be extended if the country fails to meet all the targets by end of next year. This is in response to reports that government is currently negotiating with the Fund to extend the program, a development that has been confirmed by World Bank country representative ...

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Ghana International Bank wins top award

The Capital Finance International (CFI.co) a leading print journal and online business , economics and Finance reporting organisation based in the United Kingdom has awarded GHIB, the Best Africa International Trade Finance United Kingdom Award for 2017. GHIB came tops after several other Africa Trade Finance providers in the United Kingdom were considered. In arriving at this conclusion the judges ...

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Jobseekers should stop harassing employers –Jobberman CEO

Jobseekers have been cautioned against harassing employers with unsolicited calls and visits at the business premises of their prospective employers. They must rather focus on writing winning CVs and preparing adequately for the challenges of the workplace, CEO of Jobberman Ghana Mr Babajide Otoki has said. Speaking at the launch of Jobberman Jobseekers Guide eBook, Mr Babajide Otoki, stated, “Many ...

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GARIA Now at 7th Floor SSNIT Emporium Airport City Accra

  Ghana Association of Restructuring and Insolvency Advisors (GARIA) is pleased to inform its stakeholders and the general public that it has moved to the 7th Floor of SSNIT Emporium, Airport City – Accra. GARIA is the leading association of practitioners and other persons with an interest in restructuring and insolvency formed on   8 August 2006 to play a leadership ...

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BDCs, OMCs battle BOST over dumping of products accusation

Bulk Distributing Companies (BDCs) and Oil Marketing Companies (OMCs) and the Bulk Oil Storage and Distribution Company Limited (BOST) are in disagreement over is responsible for dumping of products that is depriving the country over of over one billion Cedis. The Managing Director of BOST, Mr Alfred Obeng Boateng, blamed BDCs and OMCs for the practice of dumping, saying that ...

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Sahara Group extends support to fire disaster victims

Leading African energy conglomerate Sahara Group has extended a hand of support to some victims of fire disasters in Ghana. The gesture, which is in line with Sahara’s Corporate Responsibility policies follows similar support from Sahara to the nation’s disaster victims in the past. In its first presentation in Accra, Sahara presented an undisclosed amount of money to the National ...

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