Mr. Kweku Rockson, a former Rector of the Ghana Institute of Journalism, has urged corporate Ghana to support the entrepreneurial development of students in order to make them more useful to society. He argued that the ability of graduates to develop strong visionary projects and programmes will culminate in the development of entrepreneurial skills which will benefit their communities and the nation at large. Mr. Rockson made the remarks at the launch of “The Pen of Truth Competition” in Accra.

Total Petroleum Ghana Limited has opened a new service station in Tema as part of the company’s strategy to develop its operations in the oil marketing industry. Momar Nguer, Vice President for Total Africa and Middle East who was on a two-day official visit to Ghana, said the company has constantly provided quality products and services to its customers, across the country. “In order for the Total to deliver the highest level of customer satisfaction by operating according to standards of ethics

Total Petroleum Ghana Limited has opened a new service station in Tema as part of the company’s strategy to develop its operations in the oil marketing industry. Momar Nguer, Vice President for Total Africa and Middle East who was on a two-day official visit to Ghana, said the company has constantly provided quality products and services to its customers, across the country. “In order for the Total to deliver the highest level of customer satisfaction by operating according to standards of ethics

Banks and financial institutions should develop products and services that can support small businesses and start-ups to grow, Executive Chairman of the Jospong Group of Companies Joseph Siaw Agyepong has said. “Banks and financial institutions should identify and develop young people and businesses, and cut down on their demands from small businesses before giving them credit.” Speaking at the opening of the 11th branch of Union Savings and Loans, a subsidiary of the Jospong Group, at Nmai-Dzorn

Domestic airlines, Tuesday, lost an estimated GH¢160,000 in potential revenue as a result of the cancellation of domestic flights from Accra to Kumasi, Takoradi, Tamale and Takoradi. The cancellation of flights was the result of suspension of services by the Ghana Association of Air Traffic Controllers. It is estimated that each of the four domestic carriers -- Antrak, Starbow, Africa World Airlines, and Fly540 -- lost at least GH₵40,000 in revenue as a result of grounding all domestic flights

Insurance: Life or general, matters to everyone, and the regulator is manoeuvring to get people interested in insurance products, writes Evans Boah-Mensah. Insurance is one product many people in Ghana are hesitant to take. Currently, there are 43 insurance companies in both the life and non-life insurance sectors, who are all competing in a market where uptake of insurance is low, hovering around 1.5 per cent of the estimated 26 million population. Over the years, efforts to increase the penetration

In what appears like a move to cleanse the aviation sector, President Goodluck Jonathan, on Tuesday, sacked the heads of four aviation parastatals in the country. Those affected include Mr George Uriese of Federal Airports Authority of Nigeria (FAAN), Mr Fola Akinkuotu of Nigerian Civil Aviation Authority (NCAA), Nnamdi Udoh of Nigerian Airspace Management Agency (NAMA) and Mrs Chinyere Kalu, Nigerian College of Aviation Technology (NCAT). This was contained in a statement issued in Abuja yesterday

GSE :  GSE Title: Prev (03/03/2014)GSE-CI: 2 421.45GSE-FSI: 2 165.17 GSE Title: Cur (04/03/2014)GSE-CI: 2 419.69GSE-FSI: 2 155.68 GSE Title: CYTD (01/01/13 - 04/03/2014)GSE-CI: 12.80GSE-FSI: 20.66 Market Capitalisation: Saturday, April 5, 2014Ghc ammount: 59,817.56 million

Ghana has experienced sustained steady increase in tourist arrivals since the early 1980s from 145,780 in 1990 to 399,000 in 2000. Tourism arrivals increased from 172,000 in 1991 to 429,000 in 2005. Tourism has become one of the main pillars that hold the Ghanaian economy. International tourist arrivals and receipts have shown steady and positive trends since 2005. This was a significant increase, even though, considering the target of 1,000,000 by 2007 which was set in the Tourism Strategy of the

Just for the heck of it, let us say any country where more than one in twenty – five percent of the population, that is - is condemned to open defecation as a fact of daily and regular life, is a Buffoon state. For in that one single fact is bound to be a failure of Law, multiple failures of Infrastructure and a long term consequence of a weak public Education system. I call this the LIE principle – to ignore the need for this in a functioning democracy is to give a lie (pun intended) to the

As the nation marks 57 years of attaining independence, the vital question still remains: has the Cocoa industry proven to be an effective vehicle for poverty alleviation and sustainable national development? Ekow Essabra-Mensah, probes. No country comes to mind more than Ghana when one speaks of cocoa. Likewise, one cannot think of Ghana without thinking of its cocoa sector, which offers livelihoods for over 700,0000 farmers. Long on, Ghana’s main export commodity, cocoa has been central to the

It is hard to overstate the difficulties the economy has faced in the past year. One can be forgiven for his inability to digest grim economic headlines such as “Inflation Jumps” or “Cedi Depreciates”, but in bread-and-better terms, everybody is feeling the pinch. Things came to a head last month when, after watching the cedi plunge almost 8 percent in January, the Bank of Ghana (BoG) intervened with foreign currency controls and higher interest rates. Much of the local and international

Tomorrow, our beloved country, Ghana, will be 57 years old. Since that fateful Wednesday in 1957, when Osagyefo Dr. Kwame Nkrumah optimistically declared into the microphones at the Polo Grounds in Accra Central that “Ghana, our beloved country, is free forever”, we have been manning our own affairs – for good or ill. In the course of the journey there have been five coup d’états, but also a couple of civilian governments. But since 1992, we have had sustained civilian rule, with the current

Post-independent Ghana had lots of verve for flying, which translated into visible developments in the aviation sector. After 57 years of independence Dominick Andoh writes about the present state of the aviation sector, and what the future holds for the sector. The country’s first President, Dr. Kwame Nkrumah, was passionate about the aviation industry and saw it as essential in the country’s development agenda. He set about developing aerodromes all over the country. It is reckoned that, there

Telecom and Internet Service Providers (ISPs) have been asked to consider sharing network infrastructure in order to cut the cost of delivering Internet access to poorly-connected parts of the country. The Country Lead of Google Ghana, Estelle Akofio-Sowah, explained in an interview with the B&FT that the model of outsourcing telecom tower infrastructure to independent tower companies can be adopted by Internet service providers to lower the cost of Internet in the country. “We know as well

Stanbic Bank has a held a breakfast meeting with some of its corporate and investment clients to explain the new Bank of Ghana (BoG) guidelines and its clarifications released later. Head of Global Markets at Stanbic Inusah Musah explained that the event was aimed at allaying fears of their clients with respect to the new guidelines, and also assure them that everything is under control. “Since our customers don’t have direct interaction with the Central Bank to ask questions, we felt it was

Managing Director of Societe Generale (SG) Ghana, Gilbert Hie, says the bank will continue to invest in the critical areas of Ghana’s economy to boost its development. Over the past decade, the French multinational bank has invested over a billion dollars in different sectors of the economy, some of which include the contribution of US$270million to the improvement of energy generation. The bank was also the lead syndicator and arranger for last year’s US$1.2billion cocoa syndication deal. Speaking

Gold production declined 5 percent in 2013 -- which was the first annual fall in 13 years -- as declining prices and the Obuasi Mine’s challenges drove the industry into a slump, according to official figures. Output fell from 4.324 million ounces in 2012 to 4.12 million ounces last year following a 28 percent drop in the metal’s price. The value of gold produced in 2013 was US$5.8billion, compared to US$6.5billion in 2012, when output jumped by 17 percent. “Low gold prices are not motivating

The Ghana Institute of Freight Forwarders (GIFF) has announced plans to introduce a new higher diploma programme in supply chain management, and also pursue degree courses in the next few years. The new programme will be launched this week, and the Institute has already been granted validation by the International Federation of Freight Forwarders Associations (FIATA), based in Zurich while the Institute has also initiated an institutional accreditation process for the proposed degree programme. GIFF

The National Communication Authority (NCA) has told stakeholders of the industry -- dealers, manufacturers and importers of radio and telecommunication terminal equipment -- it will be mandatory from the second quarter of the year to get a regulatory licence to import equipment into the country. The move is intended to ensure that telecommunication equipment and related devices imported into the country meet some specific technical and safety requirements set by the Authority. This will protect the