Ghana’s gold output drops in 2015

Business News of Wednesday, 8 June 2016 Source: Starrfmonline.com 2016-06-08 Gold (file photo) Ghana’s total gold output in 2015 reduced to 95 tons from the 107 tons recorded in 2014. Consequently, revenue from gold fell to $3.32 billion in 2015 from the $ 3.84 billion which was recorded in 2014. This drop in volume has… Read More »

Capitalise on digital economy – President Mahama

General News of Wednesday, 8 June 2016 Source: thefinderonline.com 2016-06-08 President Mahama at the Africa Mobile and ICT Expo (MOBEX) President John Dramani Mahama has urged the youth to take advantage of the fast-growing digital economy to unleash their potential. He said with the world growing at a very fast pace, the youth of Ghana… Read More »

Fuel imports drop to $1.9 billion

Business News of Wednesday, 8 June 2016 Source: citifmonline.com 2016-06-08 Petrol pump A $1.1 billion drop in the petroleum products import bill in 2015 is a clear manifestation that the high prices Ghanaians are paying for petroleum products is not justified. Ghana imported over 3.7 million (3,708,904.815) metric tonnes of petroleum products at a cost… Read More »

Ghana to sell $1 billion Eurobond despite concern over costs

Business News of Wednesday, 8 June 2016 Source: Myjoyonline.com 2016-06-08 Seth Terkper, Minister of Finance Ghana will sell $1 billion Eurobonds this year despite concerns about rising borrowing costs. The West African nation will offer the debt in either July or September, Minister of Finance Seth Terkper said in an interview in the capital, Accra.… Read More »

UBA announces two relocations and two new branches

Business News of Wednesday, 8 June 2016 Source: John Hagan 2016-06-08 UBA Logo United Bank for AFRICA – UBA announces the relocation of its Queenstar Plaza Business Office Branch located at Osu Badu Street Dzorwulu West Airport to a new location at 96b NdabaningiSithole Street (formerly 5th Circular Road) North Labone located opposite Bosphorus Restaurant.… Read More »

Power situation to improve by end of June – Gov’t

General News of Wednesday, 8 June 2016 Source: Myjoyonline.com 2016-06-08 File photo The Director of Generation and Transmission at the Power Ministry has assured that there will be an improvement in current power situation from next month. The recent shutdown of the Jubilee FPSO vessel triggered frequent power cuts especially in the capital, with many… Read More »

Prepare for a possible ECG privatisation – Mahama

General News of Wednesday, 8 June 2016 Source: Myjoyonline.com 2016-06-08 File photo President John Mahama has asked Ghanaians to prepare their minds for a possible privatisation of Electricity Company of Ghana (ECG), describing the current power distribution system as inefficient. “You fix a situation by taking risks. It is a risk we took when we… Read More »

Queen mother calls for assistance for Adam-Kyiren school

General News of Wednesday, 8 June 2016 Source: Myjoyonline.com 2016-06-08 Children of the Kindergarten class writing on the floor The Queen mother of the Kyiren Community in the Gomoa West district of the Central Region has appealed to the government to come to the aid of the community school. Nana Esi Twuuah is appealing for… Read More »