Business

Expresso makes its biggest gain in voice subscriber base

Recent figures contained in the National Communications Authority (NCA) mobile voice subscriber report show that Expresso's subscriber base has gone up by 274,550 from December 2014 to January 2015, its biggest gain yet.This is despite the challenges the CDMA operator has been bedeviled with in recent times.The operator over the past months has seen its calls to  MTN blocked, while...

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Accra Brewery Limited honours 33 long-serving employees

Accra Brewery Limited (ABL), which recently inaugurated its state- of -the -art multi-million dollar new plant, has awarded 33 of its long serving employees at the company's end of year and long service awards dinner in Accra.The annual event forms part of the company's efforts at rewarding committed and long serving employees whose loyalty, distinction and diligence to the company span 10 to 35 years.  The awardees took home certificates, as well as cash awards.Speaking at the event, Anthony Grendon, MD of ...

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Govt announces Fertilizer Subsidy for 2015

Accra , March 31, GNA - The Government is to subsidise 180,000 metric tonnes of granular fertilizer at the cost of GH¢ 80.4 million for the 2015 farming season, the Minister of Food and Agriculture Mr Fifi Kwetey, has announced.Speaking at a meeting to announce the subsidy, Mr Kwetey said the Government would also subsidize 4,000 metric tonnes of certified seeds at the cost of three million Ghana cedis.The Minister also announced approved selling prices for fertilizer for the 2015 farming season, saying the price of all types of compound fertilizer per 50 kilogram bag was GH¢ 89, while...

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Australia supports public-private dialogue on Mining

Accra, March 31, GNA - Key representatives of government, civil society organisations, mining communities, and industry, ...

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18m Ghanaians don’t trust banks

With the upsurge of banks in the country, some financial analysts have advised bankers to tap into the 70 percent unbanked population in Ghana ...

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FAGRO receives recognition at the NFU convention in USA

The National Food and Agric Show (FAGRO) has received recognition for its contribution to Ghana's agricultural development in Wichita, Kansas, during the 113 th Convention of the National Farmers Union (NFU); a  prestigious annual gathering of farmers in the United States of America in March.The four-day event, on the theme, “Driving the Future of Agriculture,” drew over 480 family farmers, ranchers and fishermen across the USA and also featured a number of high-profile speakers...

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GHEITI Bill to be laid before parliament this year

A bill to institutionalize the Ghana Extractive Industries Transparency Initiative (GHEITI) is expected to be laid before parliament this year.The Initiative is a global coalition of governments, extractive companies and civil society working together to improve accountability in the management of natural resources.Data collection for the Ghana EITI is currently voluntary for interest parties, including government agencies and firms operating in the extractive industry.The Natural Resource Sector Transparency and Accountability Bill, 2014 seeks to provide ...

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GRA tasked to retrieve Gh6.6m from Prestea Sankofa Gold

The Ghana Revenue Authority (GRA) has been tasked to retrieve an estimated Gh6.6million in outstanding mineral royalty from Prestea Sankofa Gold Limited, a gold mining firm in the Western region.The company has failed to pay royalties for 2012 and 2013 after exporting over Gh130million worth of gold in the two years.The default in payment is contained in the Ghana Extractive Industries Transparency Initiative (GHEITI) Report for 2012 and 2013.“Whatever the excuse, it’s something that is due the State and they have to pay,” said Kwadwo Asafo-Aidoo of Boas & Associates, which...

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Expert Predicts Boom In VAS Industry As ICH Takes Off

Ghana is set to witness a rapid uptake of mobile Value Added Services (VAS) as the long awaited Interconnect Clearinghouse (ICH) gears up to take off.This uptake, according to telecom expert Osman Issah, will result from the elimination of the bottlenecks and impediments that have hitherto prevented the cost effective and efficient provision of VAS services in the country.Osman Issah is, among other things, a consultant to VAS operators and App developers in...

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MTN Adjudged Best Taxpayer In Ghana

Eleanor Sarpong, MTN, (left) and George Blankson, GRA Commissioner-General (2nd left).The Ghana Revenue Authority (GRA) has adjudged Scancom Ltd (MTN), the leading telecommunications service provider in Ghana as the overall Best Taxpayer, Large Taxpayer Office for 2014.The...

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