Ghana is the latest stop in CNN International’s On the Road series -- the programming strand that examines the culture, heritage, business and customs of a country. The series, which has so far visited Brazil, Indonesia, Myanmar, Malaysia, and Poland, embraces a wide range of topics from arts and cuisine, through to technology, architecture and sport. Beginning on 1 March, On the Road Ghana will see CNN, led by correspondent Paula Newton, exploring some of the stories behind this African powerhouse.

Mere Power Nzema Limited (MPNL), the independent power producer that plans to build a 155-megawatt solar plant in the country, wants a government guarantee for its off-taker agreement with the Electricity Company of Ghana (ECG) before the start of construction. “MNPL has obtained all the necessary requirements such as land, approvals and permits to facilitate the project commencement. We are awaiting the consent and support agreement from government to enable the company to undertake the project

Singapore leapt five spots to top a global ranking of the most expensive cities as a stronger currency and price increases made it costlier to live in the island nation, according to the Economist Intelligence Unit. The republic beat Paris, Oslo, Zurich and Sydney, while Tokyo moved down to sixth position from first previously after the yen slid, the EIU’s latest Worldwide Cost of Living Survey released today showed. The biannual report compares the price of products and services such as food,

Domestic carriers have resumed flights to Tamale, Kumasi and Takoradi, some eight hours after they were forced to cancel flights due to a strike action by Air Traffic Controllers on Tuesday morning. The workers called-off the strike after an extensive close-door meeting with the Minister of Transport, Dzifa Attivor, on Tuesday afternoon. It could be recalled that air traffic controllers on Tuesday suspended their services to domestic airline operators. This forced domestic airlines to cancel flights

A strike action by Air Traffic Controllers on Monday forced domestic airlines to cancel flights leaving hundreds of passengers stranded at the Kotoka, Kumasi, and Tamale airports. Some passengers B&FT Online spoke to at the domestic terminal of the KIA, said they have been waiting for over two hours to fly to their various destinations from Accra. The Air Traffic Controllers a month ago threatened a strike action if their conditions of service were not improved. Unsuccessful negotiations between

Ecobank Transnational (ETI) Inc. said its biggest shareholders withdrew a motion to create a smaller interim board, which would have overseen the implementation of measures to improve corporate governance. Investors decided to retain the existing 12-person board, Mwambu Wanendeya, a spokesman for the bank, told reporters after an extraordinary general meeting in Lome, Togo. While declining to comment further on the board, he said shareholders had approved a governance action plan following recommendations

Pastor Mensa Otabil, General Overseer of the International Central Gospel Church (ICGC), Sunday challenged Africans “to rise and take its destiny in its own hands, trust God and move the continent forward”. He said at the heart of the continent's problems is disorder, and challenged the youth of Ghana to “live a life of order, get serious, prioritise your lives, and develop a 20-year development plan”. Speaking at a thanksgiving service to climax the ICGC’s 30th anniversary celebration

The cedi will continue its slide against the major foreign currencies unless Ghanaians curb excessive addiction to foreign goods, says Kenneth Thompson, Chief Executive Officer of Dalex Finance and Leasing Company. “The cedi will continue to fall, and that is [the] reality. Any remedy through the banks will not work because we have an addiction,” he said. “In our economic behaviour we are addicted to foreign goods and services, and no amount of measures can salvage the rapidly-depreciating

Paul Evans Aidoo, Brong Ahafo Regional Minster, has urged Metropolitan, Municipal and District Assemblies (MMDAs) to come out with innovative means to boost their Internally Generated Funds (IGF) in order to avoid “over-dependence” on the District Assemblies’ Common Fund (DACF) and other external grants to finance development projects. He said Assemblies would be financially self-sufficient to initiate many projects without looking elsewhere, should they be able to generate more revenue internally.

Treasury Rates:  Treasury Title: 91 DayValue: 21.23 Treasury Title: 182 Day BillValue: 20.99 Treasury Title: 1 - Yr NoteValue: 17.00 Treasury Title: 2 - Yr NoteValue: 17.50

GSE :  GSE Title: Prev (28/02/2014)GSE-CI: 2 420.91GSE-FSI: 2 168.26 GSE Title: Cur (03/03/2014)GSE-CI: 2 421.45GSE-FSI: 2 165.17 GSE Title: CYTD 01/01/13 - 03/03/2014GSE-CI: 12.88GSE-FSI: 21.19 Market Capitalisation: Tuesday, March 4, 2014Ghc ammount: 59,854.24 million

The falling value of the cedi continues to inflict pain at the pumps, with the price of petrol rising more than 16 percent since the year began because of the unfavourable exchange rate. Following the latest round of hikes last Saturday, a litre of diesel is costing 17.3 percent more than when the year began while kerosene is 28.7 percent more expensive. The National Petroleum Authority (NPA) blames the increases, which have occurred three times this year, on the slide in the currency -- which seems

The new directive by the Ghana Revenue Authority (GRA) to extend the tax net to cover financial services will take effect as soon as ongoing interactions with the banking community to identify the chargeable products and also reconfigure their systems are sealed, says Director-General George Blankson. “The Ghana Revenue Authority is currently interacting with the banking community to firmly agree on the list of products on which Value-Added Tax (VAT) can be charged, and also reconfigure their systems

Goldfields Ghana Limited’s (GGL), Tarkwa Mine, has suspended some of its community development projects due to cash flow difficulties resulting from the slump in gold price on the world market. Some of the suspended projects include construction of a hostel facility for the University of Mines and Technology (UMaT) and a maternity unit for Huniso Clinic. Mr. Robert Siaw, Sustainable Development Manager at GGL, said this when the company met with representatives of the beneficiary communities on

Gold Fields Ghana Limited’s (GGL), Tarkwa Mine, has suspended some of its community development projects due to cash flow difficulties resulting from the slump in gold price on the world market. Some of the suspended projects include construction of a hostel facility for the University of Mines and Technology (UMaT) and a maternity unit for Huniso Clinic. Mr. Robert Siaw, Sustainable Development Manager at GGL, said this when the company met with representatives of the beneficiary communities on

First Bank of Nigeria Limited, Nigeria’s best banking brand and one of West Africa’s largest lenders, has confirmed its pledge to transform its Ghanaian subsidiary, the International Commercial Bank (ICB Bank), into the bank of choice for Ghanaians with the inauguration of a seven-member Board of Directors. Chaired by Mr. Joseph Yieleh Chireh, a pharmacist and Member of Parliament representing Wa West, the new Board has Mrs. Subu Giwa-Amu who was appointed Managing Director and Chief Executive