Articles from the ‘Business’ category
Posted by Contributor on February 7, 2012 at 9:30 am in Business
It appears interventions by managers of economy to improve access to credit by businesses are just not yielding desired results. Enterprises are still having difficulties with accessing credit from banks, according to the latest Business Barometer Survey conducted by the Association of Ghana Industries (AGI). The periodic opinion survey represents the views of business owners [...]
Read the rest of this story »
Posted by Contributor on at 9:25 am in Business, Other Business Stories
A eurozone recession could almost halve Chinese growth this year, according to the International Monetary Fund (IMF). The IMF forecasts China’s economy will grow by 8.2% this year – but warns that a recession in the eurozone could cut this to 4.2%. It said Beijing should get ready to inject billions of dollars into the [...]
Read the rest of this story »
Posted by Contributor on at 9:24 am in Business
A gallon of petrol will sell at 20 pesewas less following a marginal reduction in fuel prices directed by government. The 20 percent reduction in the “recent increase of petroleum prices” is contained in a communiqué signed jointly by the outgoing Minister for Employment, E. T. Mensah and TUC Secretary General, Kofi Asamoah, and is [...]
Read the rest of this story »
Posted by Contributor on at 9:21 am in Business
The Energy Ministry will from Tuesday begin engaging a US trade mission expected to invest millions of dollars into Ghana’s power generation and distribution. Ghana is one of four countries including Nigeria, hoping to benefit from this project which is largely expected to ensure regular power supply to businesses for improved economic development. The US [...]
Read the rest of this story »
Posted by Contributor on at 8:40 am in Business, Other Business Stories
The World Bank said it is not worried yet that government has still not utilized over US$1. 5 million it approved for infrastructural development. There are accumulated funds the World Bank has approved since the year 2000 but have still not been fully utilized. The funds have been earmarked for infrastructural projects in the country [...]
Read the rest of this story »
Posted by Contributor on at 8:34 am in Business, Science
Facebook, the social network giant, is set to begin showing advertisements to users on mobile devices before its $5 billion initial public offering, the Financial Times reported on Monday. Facebook has already discussed proposals with unidentified advertising agencies for displaying what it calls “featured stories” in the news feed seen by users on the site [...]
Read the rest of this story »
Posted by Contributor on at 8:33 am in Business, Europe, Science, World News
Apple has been granted a temporary suspension of a sales ban imposed on some of its products in Germany. Motorola Mobility had forced Apple to remove several iPad and iPhone models from its online store earlier on monday after enforcing a patent infringement court ruling delivered in December. An appeals court lifted the ban after [...]
Read the rest of this story »
Posted by Contributor on at 8:11 am in Business, Other Top Stories
The Ghana Trades Union Congress (TUC) has called of its intended strike which was originally scheduled for the 9th of February. According to the TUC, their resolution to call off the strike was as a result of government’s decision to reduce petroleum prices by 20 per cent for petrol, diesel and LPG. The TUC [...]
Read the rest of this story »
