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Gov’t increases minimum wage by 10%

Posted: July 27, 2018 at 11:17 pm   /   Business, Editor's Choice, Politics

Government has announced a 10 percent increase in the daily minimum wage for workers. As a result, the new minimum wage is pegged at 10 cedis 65 pesewas from 9 cedis 68 pesewas. The change will take effect on 1st January 2019. The decision was taken after a meeting held by the Tripartite Committee made up […]

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Government To Award 1,300 NEIP Beneficiaries

Posted: July 23, 2018 at 1:08 am   /   Business, Editor's Choice, Politics

President Nana Addo Dankwah Akufo-Addo will on August 1, 2018 award 1,300 entrepreneurs under the National Entrepreneurial Innovative Plan (NEIP) in order to grow businesses in the country. Mr John Kumah, the Chief Executive officer, NEIP, said the Presidential Disbursement of funds was to provide financial support for individuals and businesses to expand. He said […]

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Global Competitiveness Should be the Ultimate Ambition for your Enterprises – President Akuffo Addo Charges Presidential Pitch Winners

Posted: July 17, 2018 at 6:35 pm   /   Business, Editor's Choice, Featured

President Akufo Addo has charged all ten winners of the first ever ‘Presidential Pitch’ competition which was held on the 25th of June, 2018 in Accra, to make the building of enterprises that will have a global focus and competitiveness, their ultimate ambition as they receive their prices to begin next phase of the development […]

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UK-Ghana Chamber of Commerce engages Ghanaian exporters

Posted: July 13, 2018 at 11:51 pm   /   Business, Editor's Choice

Hundreds of Ghanaian exporters have expressed interest in trading with the UK if provided the needed support. At the UK Ghana Export Forum organized by the UK Ghana Chamber of Commerce (UKGCC) in Accra, the exporters lamented the frequent changes in export laws and requirements. They say the changes, coupled with inadequate funding hinders the […]

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Controller General takes steps to stop overrun of state agencies’ budgets

Posted: July 13, 2018 at 11:47 pm   /   Business, Editor's Choice, Politics

The Controller and Accountant General’s Department says salaries of state agencies will be put on hold if such agencies exceed their compensation budget starting end of July this year. A circular is expected to be sent to all Ministries, Departments and Agencies (MDAs) to this effect as part of a new policy that will actively […]

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MoU on Kumasi-Northern sector rail line signed

Posted: July 13, 2018 at 11:43 pm   /   Business, Editor's Choice

A memorandum of Understanding (MoU) has been signed between the government and the China Civil Engineers Construction Corporation (CCECC) for the construction of the Kumasi to the north section of the country’s railway project. The MoU will be consummated in September this year in China for a loan from the China Exim Bank for the […]

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MASLOC to sue politicians, musicians and others to retrieve loans

Posted: July 13, 2018 at 11:39 pm   /   Business, Entertainment, Politics

The Chief Executive Officer (CEO) of the Micro-finance and Small Loans Centre (MASLOC) Steven Amoah has revealed that some politicians, musicians and private business owners will soon be hauled before the courts for issuing dud cheques amounting to over ?800,000 to the centre. He said the cheques were issued by these individuals when the centre […]

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President Akufo-Addo given a traditional Adaklu cloth by the Chiefs


Posted: July 10, 2018 at 10:15 pm   /   Business, Editor's Choice, Featured, Politics

The President of the Republic, Nana Addo Dankwa Akufo-Addo, has revealed that his government has set-up its first cattle ranch in the Afram Plains to help deal with the Fulani herdsmen and cattle menace. Speaking at Adaklu, on day 2 of his 3-day tour of the Volta Region, at the sod-cutting ceremony for the construction […]

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The fall of Brazil’s playboy billionaire

Posted: July 8, 2018 at 1:50 pm   /   Business, Editor's Choice, World News

This week the businessman who was once a symbol of an era of hope in Brazil was sentenced to 30-years in jail for corruption. Before his criminal conviction, maverick mining tycoon Eike Batista was widely considered Brazil’s most daring and successful entrepreneur of a generation. But he is now the symbol of a new time […]

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President Akufo-Addo and President Ramaphosa at the joint press conference


Posted: July 6, 2018 at 5:20 pm   /   Business, Editor's Choice, Featured, Politics, World News

The President of the Republic, Nana Addo Dankwa Akufo-Addo, says a strategic partnership between Ghana and South Africa is of the utmost importance, as it will empower the business communities of the two countries, as well as enhance the trade and investment relations between them. With West Africa and Africa’s populations set to reach some […]

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