Business

Prez Mahama once more defends MiDA, ECG partnership

President Mahama has stressed that private sector participation in Ghana’s power sector is inevitable if the sector is to perform satisfactorily. According to him, the long term benefits over reduced losses outweigh the immediate concerns militating against such move. The decision to allow the Millennium Challenge Corporation (MCC) to take part in the management of Ghana’s power sector has been ...

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Government to reduce wage bills by 2017

President John Dramani Mahama says the government is focused on reducing the wage bill to 40 per cent by the end of 2017 and will, therefore, use all workable measures to ensure its reduction. He said wage overruns, unsustainable subsidies on petroleum products and power crisis placed huge economic challenges on the economy and once government was facing them head-on ...

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Two organisations introduce 4.5 million to agribusiness incubation in Ghana

Two organisations say they have introduced 4.5 million people in Ghana to agribusiness incubation. According to a press release copied to ghanabusinessnews.com, a memorandum of understanding was signed between the African Agribusiness Incubators Network (AAIN) and the Association of Small Scale Industries in Ghana (ASSI), which has 4.5 million members. “The incubation model which involves up scaling ideas and technologies ...

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