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Ghana, best place to do business in West Africa - World Bank report

Finance Minister, Seth Terkper and President John Mahama have finally been vindicated.

The latest World Bank report indicates that Ghana is the best place for doing business in West Africa. This sharply contradicts the position held by NPP Flagbearer, Nana Akufo-Addo and his Vice, Dr. Mahamadu Bawumia who have deliberately painted a gloomy picture about Ghana’s economy.

The latest World Bank Ease of Doing Business report which rated 190 countries indicates Ghana made marginal progress in several area.

Thu, Oct 27, 2016 Thu, Oct 27, 2016

Nkrumah Interchange delays not for electoral gains – Minister

A section of Ghanaians claim the delays in the completion of the project and its subsequent commissioning was a deliberate ploy by the government to deliver it at the last minute to elections in order to score some political points

But Alhaji Fuseini play down the claims, saying “this is not a way by government to buy votes ahead or during the elections because these projects had been planned already”.

Wed, Aug 17, 2016 Wed, Aug 17, 2016

West Ham United's Andre Ayew to avoid surgery on thigh injury

West Ham United have confirmed that summer signing Andre Ayew will not undergo surgery after suffering a thigh injury while making his debut.

The 26-year-old, who became the Hammers' club-record signing after joining from Swansea City for £20.5m, is expected to be out of action for around three months.

Ayew was forced off the pitch during West Ham's 2-1 defeat to Chelsea in their opening Premier League match of the season.

Wed, Aug 24, 2016 Wed, Aug 24, 2016

Price of commodities June inflation drops marginally to 17.1%

Government statistician, Dr. Philomena Nyarko attributed the drop to non-food inflation such as transport, education, housing, water, electricity and gas which dropped from 25% to 24.1%.

Inflation rate for the month of June this year declined marginally from 18.4 % to17.1%.

Government statistician, Dr. Philomena Nyarko attributed the drop to non-food inflation such as transport, education, housing, water, electricity and gas which dropped from 25% to 24.1%.

Wed, Jul 13, 2016 Wed, Jul 13, 2016

IMF concludes review meeting with Ghana, but outstanding questions remain

A team from the International Monetary Fund (IMF) has announced conclusion of a third review meeting with the government of Ghana.

In a press statement copied to ghanabusinessnews.com, the IMF said a team led by Joël Toujas-Bernaté, visited Accra from August 29 to September 2, 2016 to continue discussions on the third review of Ghana’s financial and economic programme supported by the IMF’s Extended Credit Facility (ECF).

Sat, Sep 3, 2016 Tue, Sep 6, 2016

Petrotrin looks to Ghana for oil BOST

Three weeks before Prime Minister (PM) Dr Keith Rowley announced that Trinidad and Tobago (TT) has to “find new ways to diversify (and) expand our earning potential”, the State-owned Petroleum Company of Trinidad and Tobago Limited (Petrotrin) held talks with a Ghanaian company about doing exactly that.

On August 23, 2016, Petrotrin’s President, Fitzroy Harewood, met with Chairman of Ghana’s Bulk Oil Storage and Transportation Company Limited (BOST), Ernest Benjamin Essamuah; and Managing Director of the Tema Oil Refinery (TOR)/BOST, Kwame Awuah-Darko.

Thu, Sep 15, 2016 Thu, Sep 15, 2016

Pay more for power to save industry—Sorogho

The Chairman of the Parliamentary Select Committee on Mines and Energy, Alhaji Amadu Sorogho has said that there is the need for households to pay more for power than industry in order to save firms from collapse.

In a remark that is set to elicit criticisms from consumers who are already reeling from the recent increment in electricity tariffs, the lawmaker charged households to brace themselves to pay more for power saying: “the time consumers pay cheap for electricity is over.”

Mon, Jul 18, 2016 Tue, Jul 19, 2016

Ghana is first to complete mechanisms for African passport – Zuma

Ghanaians would wince, roll their eyes and suck their teeth when they hear Ghana is first of the 54 countries of the African Union (AU) to report back to the AU that it has completed mechanisms for the use of the continental passport proposed by the organisation.

Acquiring a passport in Ghana has become a case of a camel passing through the eye of a needle.

Fri, Jul 15, 2016 Fri, Jul 15, 2016

Obama lifts economic sanctions Bush imposed on Ivory Coast

President of the United States (US), Barack Obama, has lifted economic sanctions imposed on Ivory Coast in 2006 by the regime of his predecessor, George Bush.

The US president cited advancing democratic credentials of the west African nation as the reason behind terminating the national emergency declared by the US in Executive Order 13396, it was this order that led to the imposition of sanctions.

Thu, Sep 15, 2016 Thu, Sep 15, 2016

Mahama doesn't need Rawlings' endorsement to win elections – Omane Boamah

Minister for Communications, Dr. Edward Omane Boamah has claimed that President Mahama does not need the endorsement of former President Jerry John Rawlings to win the upcoming elections.

He siad the party is unfazed by reports that former President John Rawlings failed to endorse the candidature of President Mahama at the NDC campaign launch as the former President has never endorsed the President for any elections.

Mon, Aug 15, 2016 Mon, Aug 15, 2016

KMA Chief executive resigns

Kumasi, July 12, GNA – The Kumasi Metropolitan Chief Executive (MCE), Mr Kojo Bonsu, has announced his resignation.

This comes amid strained relations between him and the Kumasi Traditional Council (KTC).

Mr Bonsu, in a signed statement, said he had communicated his decision to the President.

He thanked President John Dramani Mahama for giving him the opportunity to serve his country.

He also expressed appreciation to the Asantehene, the KTC, staff of the Assembly and the people for their support and cooperation.

Wed, Jul 13, 2016 Wed, Jul 13, 2016

Journalist arrested for taking photos of a Policeman who demanded GHC 5 bribe

A Journalist from the Daily Express Newspaper has been arrested for ‘offensive conduct’ by the police, for taking pictures of a policeman who was allegedly requesting a GHC5 bribe from a bus driver around Tesano in Accra.

FSDetails available as at press time indicate that Fred Sarpong, the Daily Express Journalist and his colleague, Raphael Apetorgbor witnessed a police officer demanding a GHC 5 bribe from a bus conductor around Tesano this afternoon and took his picture.

Mon, Sep 5, 2016 Tue, Sep 6, 2016

Ghana and Ivory Coast unite against child labour in cocoa production

Two of the world’s leaders in cocoa production, Ghana and the Ivory Coast have signed an agreement to fight against child labour in cocoa production.

The agreement committing the two countries was signed by the first ladies of the two countries, Lordina Mahama of Ghana and Dominique Ouattara of the Ivory Coast in Abidjan on Tuesday.

Wed, Sep 14, 2016 Wed, Sep 14, 2016

Theresa May officially appointed British prime minister

* Theresa May is appointed Britain's prime minister by Queen Elizabeth following David Cameron's official resignation on July 13th
* Boris Johnson made foreign secretary, Philip Hammond chancellor

Theresa May has been appointed the UK’s second female Prime Minister in a private audience with the Queen at which she was invited to form a Government.

Thu, Jul 14, 2016 Thu, Jul 14, 2016

Ghana must fight corruption in order to progress -Batidam

Governance and Corruption Adviser to the President Daniel Batidam has suggested to Ghanaians to fight corruption if they want the country to move progressively.

This, he suggested to politicians to stop the blame game in fighting the menace in society, saying the argument has not chased corruption away.

Mr. Batidam intimated that corruption remains a challenge and that the citizenry must see measures put in place by the government in curbing it.

Wed, Sep 14, 2016 Thu, Sep 15, 2016

Success with IMF programme good for Ghana, UK trade figures – Jon Benjamin

The British High Commissioner to Ghana has urged managers of the economy to meet conditions in the three-year fiscal support programme with the International Monetary Fund (IMF), adding that progress with the programme will improve falling UK-Ghana bilateral trade figures.

Speaking at a short ceremony to launch the UK-Ghana Chamber of Commerce (UKGCC) at his residence in Accra, Mr Jon Benjamin said progress with the IMF programme will attract UK investments in Ghana.

Fri, Sep 2, 2016 Fri, Sep 2, 2016

Why the tax net must catch the churches as well

Of course, freedom of worship is an inalienable human right which encapsulated in the International Covenant on Civil and Political Rights.

Consequently, freedom of worship has been given meaning in our 1992 Constitution. So, there is no permitted abridgment as to which religious sect one could join,---you have your inherent dignity and inalienable right to choose.

Tue, Jul 19, 2016 Tue, Jul 19, 2016

Ghana calls for impartial action on all human rights violations

Ghana today (July13, 2016) urged the international community to act impartially in all cases of human rights violations.


"In order to maintain the credibility of the international human rights architecture, we must demonstrate through our actions that every citizen of the world deserves the same level of respect and protection", Ambassador Martha Pobee, Ghana's Permanent Representative to the United Nations stated in her address at the High Level thematic debate of the General Assembly in New York on "UN@70: Human Right at the center of the global agenda".

Fri, Jul 15, 2016 Fri, Jul 15, 2016

EC sets July 18 for re-registration of deleted NHIS registrants

The Electoral Commission has set Monday, July 18 for the re-registration of National Health Insurance (NHIS) registrants whose names have been deleted from the register.

The Director of Electoral Services at the Commission says the exercise will last for ten days.

The EC on Tuesday announced it has deleted 56,772 names of persons who registered with the NHIS cards from the voters’ register in compliance with a Supreme Court order.

Wed, Jul 13, 2016 Wed, Jul 13, 2016

Black Stars coach not happy with preparation for Rwanda tie

Avram Grant has moaned about the Black Stars preparation for the clash against the Amavubi's

Black Stars coach, Avram Grant has stated that he is not pleased with the preparation of the Senior Male National Football Team of Ghana towards the final hurdle of the Africa Cup of Nations qualifier against Rwanda.

The Black Stars players had to foot their airfares after the Ministry stated they were cash-strapped, so can't afford their travelling expenses for the clash.

Thu, Sep 1, 2016 Fri, Sep 2, 2016