EFFORTS by the state to collect revenue to execute development projects seem to have suffered a major setback, following a well-rehearsed strategy by some clearing agents at the Tema Port to under-declare imported items.
Category: Economy
Ghana: Major Imports Programme Suspended
THE government has suspended the implementation of the Ghana Conformity Assessment Programme (G-CAP) until further notice.
Moody’s Downgrades SA’s Old Mutual
MOODY’S Investors Service today downgraded the insurance financial strength rating (IFSR) of Old Mutual Life Assurance Company (South Africa) Limited, to Baa1 from A3 and the senior debt rating of Old Mutual Plc to Baa3 from Baa2.
British Airways, ProJection Artworks Visualise Inaugural A380 Flight
PROJECTION Artworks has undertaken an ambitious multi-media mapping project to celebrate British Airways’ inaugural A380 flight from London to Singapore.
Africa Investors See Through The Headlines
EBOLA, terrorism and political upheaval – headlines from Africa over the past year seem a far cry from the inspiring “Africa rising” story, but many newly found investors are sticking with the plot.
Ghana Ranks 7th In Africa Prosperity Report
GHANA has emerged 7th out of 38 countries in Africa, according to the latest 2014 Africa Prosperity Report by the UK based advisory and advocacy firm, Legatum Institute. The West African second largest economy dropped one position since the 2012 Africa Prosperity Report, which looks at measuring the growth and prosperity of economies across the […]
Dangote Targets Nigeria’s Rice Deficit
NIGERIA enjoys a perfect rice-growing climate over a vast area yet it is the world’s second biggest importer of the staple, often from countries in its warm, wet tropical latitude like top exporter Thailand.
Moody’s Downgrades SA Credit Rating
MOODY’S Investors Service (Moody’s) has downgraded South Africa’s investment grade credit ratings, the National Treasury said on Thursday.
5th Annual Global Entrepreneurship Summit Comes To Africa
THE fifth annual Global Entrepreneurship Summit is expected to take place on November 19 – 21, 2014 in Marrakech, Morocco, the first time in an African nation.
Ghana: Book Publishers Lay Off 2, 409 Workers
MEMBERS of the Ghana Printers and Papers Convertors Association (GPPCA) revealed that a total of 2,409 workers within the publishing industry have been laid off, noting that it was due to government in-readiness to relook at taxes imposed on books raw materials.