Dear Partner, JCS is pleased to announce that is has a lineup of exciting investment opportunities available. Apart from these investments’ rewarding financial gains, it is also an opportunity to offer the needed boost for these companies that have high social benefits. Kindly send an email if you would like more information on the investments. …
Month: July 2018
Generating funds to either start a business or expand a business operation has mainly been the key challenge faced by today’s business entrepreneurs in Ghana and most part of developing countries. Thankfully, the Ghana Alternative Market (GAX) has been launched to ameliorate this problem in Ghana. With Ghana’s market size growing and opportunities in the …
In global trade corridors the renminbi (RMB) is maturing, albeit with some teething issues as it evolves from an emerging-market currency to a fundamental global reserve. In 2016, policymakers in China pivoted toward an agenda of economic stability, inadvertently allowing the RMB internationalisation project to find its own feet for the first time. According to …
Ghana could see its first electric car, locally produced in the country as automobile company, Kantanka Automobile prepares to test its electric power-driven car by end of 2018. According to company, the move is aimed at leapfrogging its operations in the industry, to be competitive and profitable. Speaking to Citi Business News after Tropical Cable …
As part of measures to raise more revenue to meet its revenue target for the 2018 fiscal year, government has revealed that it will introduce a new tax known as the high net worth income tax. In line with the new tax, government will charge 35 percent on incomes that are over GHC 10,000. Presenting …
The inflation rate for June 2018 rises to 10 per cent as a result of increases in prices of non-food items in the country. This figure is an increase of 0.2 per cent as compared to the 9.8% recorded in May, 2018. According to the government Statistician Dr Baah Wadieh, prices of imported commodities continue …
Countries require $2.4 tln to meet needs, U.N. goals Investments fall short under current trend Fighting corruption, reforms key to attracting capital A group of 10 African nations, including some of the continent’s rising economic stars, will fall $1 trillion short of the infrastructure financing required to meet U.N. development goals by 2040, a study …
Ghana’s fishing industry provides livelihoods for over 2.9 million people, 10% of the current total population. Employment and livelihoods based on the fishing sector covers the entire value chain from fishers, to processors, retailers, and consumers. Most of the people who are economically dependent on fish live in coastal communities but people across the country …
The consistent growth of the country’s cocoa sector has attracted massive foreign investments into an industry that has been the backbone of Ghana’s economy for decades, President of the World Cocoa Foundation (WCF) Richard Scobey has said. The COCOBOD secured a US$1.3billion syndicated loan with some 25 international banks to fund cocoa purchases for the …
Government’s budget deficit will be capped at 5 percent of GDP from 2019 as part of measures aimed at preventing fiscal slippages, Vice President Dr. Mahamudu Bawumia has revealed. He said the move will put to rest concerns over possible slippages in the fiscal space as the country prepares to exit its three-year Extended Credit …