Browsing all posts in Business.
Mining firms in Ghana could up expenditure on local products to $200m annually
Mining firms operating in Ghana could scale up their expenditure on locally manufactured products by 66 per cent in the next few years to $200 million annually, the Ghana Chamber of Mines has said. “Based on data gathered by our Supply Managers, it could well be possible to increase our expenditure on Ghana manufactured products [...]
Gold, cocoa, oil exports earn Ghana $3.8b in 2012
Ghana earned $3.8 billion from merchandise exports, preliminary estimates of total exports for the first three months of 2012 by the Bank of Ghana shows. The earnings represent a year-on-year growth of 22.8 per cent according to the central bank. The Bank indicates that the growth in export earnings continues to be driven by gold, [...]
FDB seizes unwholesome fish
The Food and Drugs Board, upon a tip off has seized a consignment of about One Thousand (1000) cartons of unwholesome fish, imported by C & G Company Limited based in Tema. Inspection at the C & G facility indicated that the said consignment of fish was being stored under unhygienic conditions, a release by [...]
Ghana fines Glo Mobile $200,000
Glo Mobile Ghana, the sixth licensed mobile operator in the country, has been slapped with a penalty of $200,000 or its cedi equivalent by the Ghana National Communications Authority (NCA) for failing to commence commercial operations three years after it was granted licence. Failure on the part of the company to redeem the fine would [...]
Passenger gets refund after Ghana International Airlines collapse
After media campaigns a passenger of bankrupt Ghana International Airlines has received a refund, the Guardian newspaper has reported. According to the report by the publication, the campaign carried by Guardian Money and the BBC consumer affairs for two years eventually paid off when Beryl Lynch was repaid the money she paid for tickets for [...]
Pozzolana takes giant step to revamp cement industry
Pozzolana Ghana Limited (PGL) on Saturday rolled out a mechanism to revamp the cement industry with its brand produced from clay and palm kernel shells. The product is also cheaper to produce and inexpensive as compared with Portland cement on the market. In the wake of the huge housing deficit facing Ghana, natural and locally-produced [...]
Ghana Policy Fair provided platform for Ghanaians to dialogue
Mr Baba Jamal, Deputy Minister of Tourism and Culture said at the weekend that the Third Ghana Policy Fair has provided a unique platform for Ghanaians to dialogue with government officials on new ideas and submit inputs on how the various sectors should approach issues. He said this will impact positively on the way government [...]
Glo Mobile facing NCA deadline
The Minister of Communications Haruna Iddrisu has revealed that Glo Mobile has up to the close of today, Friday to notify the National Communications Authority (NCA) on its intended launching date. The NCA, it would be recalled gave the telecommunications up to the end of April to start operations or risk paying some hefty fines. [...]
Timber exports decline as value increases
Timber exports for the first quarter of this year declined in volume reflecting in the total revenue to the country. The timber volume reduced from 90 thousand cubic meters to 62 thousand translating into about 22 million Euros in revenue to the country compared to 30 million Euros within the same period last year. This [...]
Mining firms tasked to source inputs locally
Mining firms in the country will from end of next month be required to procure all their inputs that can be sourced locally. They would also be required to submit a five-year procurement plan to the Minerals Commission for approval. These were some of the highlights contained in the revised local content law set to [...]
