26 C
Accra,Ghana
Friday, September 22, 2017
Ghana Cocoa Board signed a $1.3 billion loan with international banks on Wednesday to fund purchases for the 2017/18 season, due to open in October. The loan, signed in Paris with 25 banks, is smaller than the $1.8 billion secured last year. “By this event, Ghanaian cocoa farmers are going to...
President Nana Akufo-Addo says his government will not make any pronouncements on the yet to be delivered judgment on the maritime border dispute between Ghana and Ivory Coast. Akufo-Addo maintains that a lot of work is ongoing on how best to handle the outcome of the three year dispute. The International...
First Atlantic Bank has announced has finalized an agreement with Advanced Finance & Investment Group (AFIG Funds), manager of AFIG Fund II for an investment in the Bank. The Fund’s investment is subject to regulatory approval. First Atlantic Bank is a full-service universal bank in Ghana which has been providing a wide range...
The Communications Ministry is leading a selected delegation of local ICT players to this year's ITU Telecom World Conference to showcase the country's strides in the sector and to attract potential investors. A brief on Ghana's participation in the forthcoming global ICT Olympics indicates that the focus is to increase Ghana’s...
Strategic investments can help unlock potential for agribusiness growth in African nations with low agribusiness competitiveness, food security and agricultural productivity, according to recent analysis on African agribusiness competitiveness by Dr. Suresh Babu. The head of capacity strengthening at the International Food Policy Research Institute (IFPRI) and lead author of the study said, “African countries have...
Stanbic Bank Ghana will on September, 26, launch the world’s leading economic indicator, the Purchasing Managers’ Index (PMI). The PMI is based on monthly surveys of carefully selected companies representing major and developing economies worldwide. The index provides an advance signal of what is really happening in private sector economies by tracking...
The local currency may have relatively held its own against the US dollar for the greater part of this year, but against the Euro and Great Britain’s pound sterling, the cedi’s performance so far has been very woeful – a situation that would bring misery rather than relief to...
Managing Director of Stanbic Bank, Alhassan Andani, has challenged pension professionals to formulate innovate ways to rope in the informal sector onto retirement schemes. According to him the number of people registered under the mandatory Tier One pension scheme with the Social Security and National Insurance Trust (SSNIT) was not...
Customs World, a subsidiary of Ports Customs and Free Zones Corporation (PCFC) Dubai, has signed an agreement to take over West Blue Ghana Limited, the company engaged for the provision of the National Single Window and Risk Management System in Ghana.  This agreement formalises the establishment of “Ports & Customs...
Some Oil Marketing Companies (OMCs) have begun reviewing prices of their petroleum products following recent hikes in crude oil prices on the international market, Joy Business has learnt. The marginal depreciation of the country's currency has also affected oil prices. JoyBusiness checks have revealed companies such as Shell and Total have...