Business

The cut of the country’s policy rate from 21 to 20 percent by the Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has been lauded by a section of businessmen in the Central Business District of Accra. But quickly added that the hundred basis point cut will guarantee businesses growth only if it leads to a significant decline ...

The Food and Drugs Authority (FDA) has cautioned the general public of fake and expired food products smuggled into the market by some traders as Christmas approaches in few weeks. In a telephone interview with Public Agenda in Accra last Thursday, the Head of Communications and Public Education at the FDA Mr James Lartey advised the public to take note ...

The Ghana Revenue Authority (GRA) recently launched a tax campaign to encourage Ghanaians to fulfill their tax obligations. Hopefully, the eight (8 ) million Ghanaians or so, quoted by the Commissioner General as missing from Ghana’s tax register will be enrolled. We commend GRA for its tax campaign and call on all Ghanaians to support the GRA to succeed. However, ...

It is estimated that over forty-five thousand (45000) Ghanaians of school going age are involved in the abuse of one illicit drug or the other. This worrying information was disclosed in the latest United Nations world report on drug use. These drug users can be found in the 275 administrative districts in all the 10 regions of the country, and ...

At the beginning of September, Ghana’s Ministry of Finance brought the heads of State-owned Enterprises (SOEs) to deliberate how to reform SOEs, some of them loss-making, in order to have them play a more strategic role in Ghana’s development. As reported in the local press, the Vice President of Ghana, Mahamudu Bawumia (who gave the keynote address to the Policy ...

Many international and local limited liability companies in the central business district of Accra resolve to fold up if the implementation of the Reviewed Rent Act fails. Businessmen say over hundred percent (100%) increment in rent advance for warehouses and shops in the space of one year is unbearable. In an interview with the Public Agenda in an interview yesterday, ...

 The fishing industry in Ghana will contribute over a $ one billion dollars to government revenue if stringent measures are put in place to deal with illegal, unreported and unregulated fishing {IUU} methods.  The practice that has been in existence for over eight years now is said to have depleted the nation’s fish stock, beautiful coastal wetlands and an annual loss ...

Even though Ghana first broke her long protracted official silence over Islamic finance in 2011, saying she was ready for Islamic banking, the Bank of Ghana as of today, is yet to issue its first Islamic banking license. The foregoing notwithstanding ,a conventional Insurance company ,Metropolitan   Insurance Company, however  first opened a Takaful(Islamic insurance) window or department under its operations ...

Ghana cannot rely only on trade investment alone to raise capital and grow its economy, said the Deputy Minister for Trade and Industry, Hon. Robert Ahomka-Lindsey. Mr Ahomka-Lindsey indicated that the government of Ghana is interested in  widening its trade partnership agreement to more countries by targeting countries across the globe. ‘’Selling to Ghanaians alone will not help transform the ...

The Ghana Community Network Services Limited (GCNet) has indicated its willingness to continue to work with government to implement initiatives that will transform the country from a passive technology consumer to one of innovations. The Executive Chairman of GCNet, Dr. Nortey Omaboe, who made the call, said the technology landscape was experiencing rapid transformation, which required the collaboration between governments ...