Business

 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 ...

Beneficiaries of projects executed with proceeds from Ghana’s Oil resources have recommended the need for government to consider labeling such projects for easy identification. Like it was done to most of the HIPC projects in the past, they believe that labeling all oil-funded projects would make Ghanaians understand and feel the impact of how the petroleum revenues are being used. ...

In April 2016 the world was hit by one of the biggest scandals the hit the Global financial sector. The Panama Papers! This scandal seemingly happened far away from the shores of Ghana, this may be going on far away from our shores but we are usually the most losers, because we are usually the most exploited in this global ...

Oilwatch Africa has made a radical proposal to African countries to move away from the use of fossil fuels to renewable energy; arguing that the continuous exploitation of fossil fuels is impacting negatively on primary economies including agriculture, fisheries, livelihoods and  the  environment. The Environmental civil Society group insist that “leaving fossils fuels in the ground and replacing with renewable ...

Taxation must be the ultimate tool for the redistribution of wealth. It is the ultimate determinant of the distribution of income from production and can be used to encourage productivity or even discourage it. Largely it is the globally accepted tool for economic justice in the global production system as well social justice for the disadvantaged and less endowed in ...

Government has been advised to consider spending the Annual Budget Funding Amount (ABFA) on fewer road infrastructural projects to avoid the customary thin spreading. Such arrangement, according to the Public Interest and Accountability Committee (PIAC), would allow the citizenry to appreciate and feel the impact of how the country’s oil revenue is utilised. It believes that few legacy projects should ...

Chief of staff at the Presidency, Mrs. Akosua Fremah Opare has appealed for support from both government and private partners to facilitate the implementation of the National Plan of Action2, arguing that the menace called for a concerted effort from stakeholders to end it. She said there were people with high social stature, academic standards and parents who could not ...