Ghana and her neighbour Nigeria will sign a bilateral agreement in a couple of weeks to govern trade between the two countries, a move that is expected to bring a great relief to Ghanaian exporters who have always yearned to enter that market.
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The Chairman and Chief Executive Officer of Edmark International, Mr. Sam Low Ban Chai has indicated that Ghana abounds in huge investment opportunities which could be explored by all potential investors.
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Serbian Minister of Foreign Affairs Vuk Jeremic attended last week in Accra the celebration of Ghana’s Independence Day. During the day he will talk with Foreign Minister of Ghana Alhaji Mohammed Mumini and other state officials about expansion of bilateMore »
The Ghana Shippers' Council (GSC) has been re-named Ghana Shippers Authority (GSA), Mr Kofi Mbiah, the Chief Executive, disclosed this on Thursday.
To this end, he said, GSA would institute a legal and administrative framework, and also put in plaMore »
The Ghana Shippers' Council (GSC) has been re-named Ghana Shippers Authority (GSA), Mr Kofi Mbiah, the Chief Executive, disclosed this on Thursday.
To this end, he said, GSA would institute a legal and administrative framework, and also put in plaMore »
The European Union (EU) has released 28 million Ghana cedis to support a project that seeks to promote bamboo as a new source of energy in Ghana and EthiopiaMore »
A stakeholders meeting on Ghana's investment and business activities on Monday agreed that better networking and access to information among the business community, regulatory bodies, and security agencies can significantly enhance business growth.
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Ghana has experienced a healthy growth, registering some 300 projects in the non-mining and petroleum sectors, with an estimated cash inflow of more than $700 million, President J.E.A. Mills has said.
He said if total inflows into mining, petroleum andMore »
The World Bank says the continuous dependence on aid by developing countries especially Ghana will not lead to economic growth and therefore there was the need for the country to diversify its economy in order to raise more revenue to meet its expenditureMore »
The Ghana Export Promotion Council (GEPC) is to market the Ghanaian Kente at the 2010 FIFA World Cup finals in South Africa to secure investment into the sector.
Consequently, GEPC is negotiating with Ghana's Consulate in South Africa to secure a deal More »
Ghana Exports Promotion Authority (GEPA) is aiming at increasing the value of Ghana’s Non-Traditional Exports to $ 5 billion by 2015.This, it believes, it can do by increasing the export base of the country, which if successful, would see the export sectoMore »
The Ghana Export Promotion Council (GEPC) is to implement interventions to increase the growth of the country's non-traditional exports from the current 1.4 billion dollars to five billion dollars by 2015.
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Mr. Seth Adjei-Baah, First Vice Chairman of Ghana National Chamber of Commerce and Industry (GNCCI) on Wednesday said the nation's resources, fledging democracy and dynamic economy had made it Africa's best destination for investmentMore »
Ghana and European Union trade has been guided by a non-reciprocal trade regime offering tariff preferences for Ghanaian products entering the EU market under the Lome Convention from 1975 to 2000 and of late the Cotonou Partnership Agreement (CPA) from 2More »
The German Ministry for Economic Cooperation and Development has made a commitment of 130 million Euros to Ghana under its financial and technical cooperation with Ghana for the period from 2009 to 2011.
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Member countries of the Economic Community of West African States (ECOWAS) are determined to collectively fight pervasive poverty in the sub-region according to a regional poverty reduction strategy that was unveiled in Accra, Ghana on Monday 11 January 2More »
The Ghana Minister of Foreign Affairs, Alhaji Mohammed Mummuni, has reiterated the need for Ghana to strengthen bilateral relations with South Korea. This according to him will boost Ghana’s economy and expand trade opportunities for both countries.More »
A U.K. based Minister, Educationist, author and social commentator has said Ghana can benefit greatly from the mass exodus of her trained and highly skilled professionals to other countries in search of greener pastures what is usually referred to as ‘braMore »
The Government of Ghana expects a real GDP growth of 6.5 per cent and overall fiscal deficit equivalent to 7.5 per cent of GDP in 2010, the Minister of Finance and Economic Planning, Dr Kwabena Duffuor has said.More »
The International Organization for Migration says an increasing number of qualified, educated young Ghanaians are migrating to foreign countries. It says this so-called "brain drain" could affect the country's economic and development prospects.
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Cocoa purchases declared by buyers to Ghana's industry regulator Cocobod totalled 378,738 tonnes by December 24, up 0.5 percent on the previous season, according to Cocobod data seen by Reuters on Wednesday.
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The European Union (EU) has disbursed about EUR 35 million (an equivalent of 70 million Ghana cedis and approximately 52 million dollars) to Ghana for economic stabilisation.
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Uganda is to establish a Diaspora department in the foreign affairs ministry to handle issues related to investment of Ugandans working abroad, but willing to invest in the country. More »
In spite of the global financial crisis experienced by the world economy Ghana continues to make significant strides in attracting more investments. During the third quarter of this year the country recorded 81new projects with China topping the list of cMore »
The Ministry of International Trade and Industry (MITI) in Malaysia and its agencies are set for an aggressive drive in 2010 to promote trade and boost Malaysia's export growth in view of global competition in the current economic scenario.
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Chinese companies top the list of companies registered in terms of Foreign Direct Investment (FDI) in Ghana, the CEO of the Ghana Investment Promotion Centre (GIPC) has said.
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In spite of the global financial crisis experienced by the world economy Ghana continues to make significant strides in attracting more investments. During the third quarter of this year the country recorded 81new projects with China topping the list of cMore »
Trade between Ghana and China has reached over $189.395 million as at the end of October 2009 according to official statistics published in the Chinese media.
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The government has stated that it has not introduced or imposed new taxes in the 2010 budget statement. It said contrary to media speculations, the government sought to improve the efficiency of the existing tax regime through “a shift from specific to adMore »
The ECOWAS Bank for Investment and Development (EBID), at its 27th board meeting in Accra at the weekend, granted a total of $57 million loan to five member countries including Ghana.
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Ghana could earn up to $2 billion annually exporting salt to neighbouring countries in West Africa, particularly Nigeria, the region's leading economy which currently buys $2.3 billion worth of salt yearly from Brazil and Australia, experts have said.
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The newly constituted eight-member Board of Directors of Ghana Export Promotion Council (GEPC), has been tasked to ensure that Ghana's non-traditional exports had access to the Asian market.
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Ghana on Monday 15 December 2009, dialogued with stakeholders to fine-tune the country's Aid Policy, intended to guide engagement with her Development Partners (DP's) to finalize the policy.
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After many years of a long running dispute between Latin America banana producing nations, the United States and the European Union over trade in bananas a comprehensive agreement has now been reached.
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Director-General Pascal Lamy, in a speech at the International Trade Centre (ITC) 43rd Joint Advisory Group meeting in Geneva on 14 December 2009, said “our cooperation on Aid for Trade continues and I am encouraged by the energy with which the ITC has enMore »
The cashew industry holds tremendous economic potential for Ghana, Mr. Christian Dahm, Managing Director of African Cashew Alliance, an international NGO, has said.
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Government is to harness the economic potential of Information Technology Enabled Services (ITES) to create 45,000 jobs to reduce the unemployment situation in the country by 2011, Mr. Haruna Iddrisu, Minister of Communication said on Saturday 14 DecemberMore »
Mr. YU Wenzhe, Chinese Ambassador, on Friday 11 December 2009 said the two countries are exploring new opportunities for faster developments as the world undergoes unprecedented changes and adjustment.
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ECOWAS is working to create a single investment jurisdiction among member countries to ensure accelerated development of Small and Medium Scale Enterprises(SMEs) and to attract extra-regional Foreign Direct Investment, Professor N'galadjo Lambert Bamba, CMore »
The Ghana Chamber of Commerce and Industry (GNCCI), will host the first ever workshop of the Federation of West African Chambers of Commerce and Industry (FWACCI) in Accra from December 8 to 10, 2009.More »
Costa Rica's pineapple exports in the first nine months of 2009 overtook those of bananas in value for the first time, the daily newspaper La Nación reported. More »
Mexico, the world's 14th largest country and one of the leading fruit and vegetable producing nations in Latin America, is the official partner country for the Fruit Logistica 2010 international fruit and vegetable trade fair, which takes place in Berlin More »
Coca Cola Bottling Company Ltd, manufacturers of soft drink and beverages, is to purchase pineapples from Ghana for processing into the company’s products. This came to light during the recent trip of the Vice-President, Mr John Dramani Mahama, to the USAMore »
The Ghana Export Trade Information Centre (GETIC) was established on 16th November 2005 and has since provided invaluable trade information and referral services to the business community, particularly, the exporter community in Ghana. More »
Ten Ghanaian consultants and one Nigerian have undergone training and received certification as International Enterprise Management Development Advisers in a ceremony in Accra, Ghana in September 2009. More »
GHANA is confident of achieving its production target of 1m tonnes of cocoa by 2012, which would see it reclaim the position of the world's largest cocoa producer. More »
11 Consultants Certified by ITC as first EMD Advisers in Ghana
Ten Ghanaian consultants and one Nigerian consultant have undergone training and received certification as International Enterprise Management Development Advisers in a ceremony in Accra More »
Searching for a solution to the EU banana dispute
Tuesday October 20 2009
Issue: 284
As World Trade Organisation (WTO) talks on bananas and other tropical products move towards at least an outline agreement, supermarkets in the UK and elsewhere in EuroMore »
Dr Yaw Baah, Deputy Secretary-General of Ghana Trades Union Congress (GTUC), on Thursday said the future of Ghana and Africa in the next two decades would be defined by their relationship with China.
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PEANUT farmers in Senegal are protesting against the lack of financial aid and the poor quality of their peanut seeds, which they used for planting this year in the central region of Kaolack. More »
A strategy to boost local and foreign investor interest in the salt industry to promote employment, revenue generation and export has been launched in Accra.
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The EU market for fresh fruit and vegetables is declining in volume but growing in value. In much of the eastern European Union consumption is still growing and consumers are shifting from basic fruit and vegetables towards more diverse produce, includingMore »
Founded in 1969, as an agency of the Ministry of Trade and Industry, the Ghana Export Promotion Council (GEPC) is the organisation responsible for promoting Ghana’s non-traditional exports in world markets.
Recently, the country has received an enormoMore »
Ghana earns about $45 million annually from the Business Process Outsourcing industry, the GNA has reported. Mr. Alhassan Umar, Executive Secretary of the Information Technology Enabled Services (ITES) Secretariat of the Ministry of Communications told thMore »
UTZ Certified has announced Barry Callebaut is the latest company to join its cocoa programme.
Barry Callebaut joins a number of other companies and NGOs all of whom are working with UTZ Certified towards sustainability in mainstream cocoa production.
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MALAYSIA'S Foreign Ministry will ask the Malaysian Palm Oil Board (MPOB) to appeal against the recent ban on sustainable palm oil advertising by a UK advertising watchdog for alleged misleading claims, its deputy minister Senator A. Kohilan Pillay said toMore »
A MAGAZINE advert that endorsed the sustainability of palm oil has been banned by the UK's Advertising Standards Agency (ASA) for making unsubstantiated and untruthful claims.
The advert, produced by the Malaysia Palm Oil Council (MPOC) and entitled "PMore »
A factory to process Sunflower into bio-diesel was inaugurated at Tema with the call on the government and financial institutions to help expand the facility. The 217,000 US dollar facility could process four metric tonnes of sunflower grains daily while More »
GLOBAL food manufacturer, Nestle, has launched a plan to help small-scale cocoa farmers, including the thousands living in Africa, take advantage of rising market prices by increasing their yields.
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REPRESENTATIVES from Ecuador's passion fruit juice industry and researchers from the National Programme for Fruit Growers have met in the past week to organise the growing and processing of a new variety of passion fruit, which will be introduced at tMore »
Trade Minister explains impediments to EPAs signing
Government has given the strongest indication yet, that it will need to sign the Economic Partnership Agreements.
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THE world's biggest supplier of cashews, Olam International, has made it to the Forbes Asia Fab 50 league - an annual list of big-cap and profitable firms in the region.
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INDIAN peanut shipments into the EU nosedived 94% in the first five months of the current financial year due to strict quality standards adhered by exporters to lift the Indian commodity to global standards.
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Although the German horticulture sector is growing, output continues to fall far short of meeting domestic demand for fruit and vegetables, with a self-sufficiency rate of just 35%, according to a study by the Dutch journal Agrarisch Dagblad.Germany is trMore »
Spanish households purchased 3% more fruit and vegetables in the first half of 2009 compared with January-June 2008. But as prices were lower, expenditure did not rise in line with purchased volumes.
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GHANA'S full season 2008/09 cocoa harvest hit 710,638 tonnes, marking a 4.5% rise over the previous season and the third best performance since 1965, the country's industry regulator, Cocobod said on Friday 9 October 2009
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GEPC launches book on winning foreign contracts
The Ghana Export Promotion Council (GEPC) on Wednesday launched an export trade services strategy guide book, entitled "Winning Foreign Contracts", to provide information to Ghanaian consultants on how toMore »
They are mindful of their expenditure
They respect any small amount of money
Culturally Ghanaian businessmen and women are usually very friendly and hospitable
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SUMMERPRIDE Foods, South Africa's only pineapple processing plant and the country's largest commercial pineapple grower, expects production of the fruit to decline by around a fifth next year More »
A nine-day training of trainers programme on fruits and vegetables control has been organized for SPS officers in Accra form July 23 to 3 August 2009. More »
Banana exporters from Ecuador, the world's top exporter of the fruit, have called on the government to sanction the EU if the bloc fails to cut banana import tariffs.More »
UK demand for organic produce is starting to rise again, suggesting that the recession-hit market may be on the way to recovery, new figures from Tesco suggest.More »
A REPORT by the UK's Department for Environment, Food and Rural Affairs (Defra) suggests there could be unexpected benefits to climate change with exotic fruits and vegetables thriving.More »
Director-General Pascal Lamy, in a speech before the International Food and Agricultural Trade Policy Council in Salzburg, Austria, on 10 May 2009, said “food and agricultural trade policy does not operate in a vacuum. In other words, no matter how sophisMore »
The global economic crisis is hitting Ghana’s timber industry very hard. Since the first quarter of 2009 the export of timber products from Ghana has continued to suffer decline.More »
Mr Alhassan Attah, Executive Director of the Timber Industry Development Division (TIDD), has said the division would introduce Forest Law Enforcement, Governance and Trade (FLEGT) license by December 2010 as part of export documentation particularly for More »
GHANAIAN EXPORTERS PARTICIPATE IN ABUJA INTERNATIONAL FAIR
As part of the objective of the Ghana Export Promotion Council (GEPC) to facilitate market access for Ghanaian exporters in Africa, GEPC led a Ghana delegation to the 2009 Abuja International FMore »
The Ghana Export Promotion Council in collaboration with the Dutch import promotion agency (CBI), and the International Trade Center (ITC), a joint body of United Nations Conference on Trade and Development (UNCTAD) and the World Trade Organization (WTO),More »
The World Trade Organization (WTO), the United Nations Conference on Trade and Development (UNCTAD) and the International Trade Centre (ITC) have jointly published a new edition of World Tariff Profiles. The World Tariff Profiles 2008 is the second editioMore »
The Ghana Export Promotion Council (GEPC) has established the Ghana Export Trade Information System to provide the business community in Ghana with resources to access and use trade information.More »
A recent publication in the Daily Graphic of January 18, 2007, page 49 makes interesting reading especially as it has to do with the current campaign and counter campaign on the scrap metal industry and its subsequent effects on the economy.More »
The country has successfully completed her first commercial export of MD2 pineapple variety of 42,000 tonnes at the close of last year. The export of the new variety earned the country $20m in foreign currency.More »
The search for market opportunities is part and parcel of any growing business. For many years now, has relied heavily on the export of goods. The country is now looking for ways to diversify into services exportsMore »
Exporters registered with the Ghana Export Promotion Council and other members of the exporter community can now access Trade Map, Product Map, Market Access Map and Investment Map through a Common Management User System.More »
Ghana’s Trade Policy: Trade liberalization has helped to achieve higher economic growth. Since its last Review in 2001, Ghana’s macroeconomic fundamentals have improved considerably.More »
Ghana’s export earnings from timber products fell by 7.56 percent between January and December 2006, according to the figures released by the Forestry Commission.More »
The Timber Industry Development Division of the forestry Commission has announced an increase in demand for Ghana’s wood and wood products from ECOWAS countries.More »
