By Setor QUASHIGAH One of the most important lessons from the pandemic-struck 2020 is the need to stay safe. Alongside staying safe, the uncertainties brought about by the scourge of the virus means that protecting one’s income has also become more critical. Mitigating risks presented by the pandemic ought to be of topmost priority for […] The post Why insurance
The UK and Ghana have signed a Trade Partnership Agreement securing tariff-free trade between the two countries and providing a platform for greater economic and cultural cooperation. The deal supports a trading relationship worth £1.2bn and reinstates the terms of the economic partnership agreement between the two sides when the UK was part of the European […] The post UK
The world’s first and only national-scale drone delivery service, Zipline, has began the delivery of COVID-19 vaccines to selected health facilities within its service area in Ghana. This makes Ghana the first country in the world to deploy drones on a national scale to deliver COVID-19 vaccines. On 23 February, The COVAX Facility shipped 600,000 […] The post Zipline
The organising partners of the Standard Chartered Women in Tech business incubator, Standard Chartered Bank Ghana Plc and the Ghana Climate Innovation Centre at Ashesi University hosted an induction ceremony on Wednesday 10th February 2021 to formally welcome the inaugural cohort of the pioneering business incubator for women entrepreneurs in the technology sector. The fully […] The post SCWIT
In this insightful and wide-ranging interview, Professor Patrick Verkooijen, Chief Executive Officer of Global Center on Adaptation discusses the organization‘s establishment, its main objectives, challenges and the plans for the future. The Global Center on Adaptation in Africa (GCA Africa), based at the African Development Bank (AfDB), has launched the Africa Adaptation Acceleration Program to […] The post Africa’s
Three significant news items went on the global wire on 25th February 2021 as follows; Liquid Telecom, a member of the Econet Group that has laid more than 70,000km of fiber optic cable across Africa[1], raised $840M financing package (US$620M bond and a US$220M equivalent term loan in Rand). This was Liquid Telecom’s second bond […] The post African Corporate
Mutual funds are collective investment schemes. This type of investment instrument or product pools resources from investors referred to as shareholders for investment in a financial product. As the name suggests, several individuals, groups, or institutions will constitute the shareholders of the Fund. Mutual funds, therefore, engage in investing activities on behalf of their shareholders. […] The post Mutual
Cabinet has given approval for the new Standards Bill to be presented to Parliament for consideration and passage, Trade and Industry Minister-designate Alan Kyerematen told the vetting committee last Friday. The bill which replaces the Standards Authority Act 1973 (NRCD 173) will empower the Ghana Standards Authority (GSA) to destroy seized substandard goods while introducing […] The post Cabinet
Ericsson has been named a Leader in the 2021 Magic Quadrant for 5G Network Infrastructure for Communications Service Providers by independent IT research and advisory company, Gartner. Ericsson’s Leaders quadrant recognition in the February 2021 Gartner Magic Quadrant for 5G Network Infrastructure for Communication Service Providers (CSPs) report recognizes the company’s Leader position in both […] The post Ericsson
Bank collaborates with Ashesi University’s Ghana Climate Innovation Centre to implement the incubator programme Standard Chartered Bank has announced the implementation of a Women in Tech Incubator (WIT) Programme in collaboration with the Ghana Climate Innovation Centre; an Ashesi University business incubator. Championed by Standard Chartered, the Women in Tech Incubator Programme, is specifically designed […] The post StanChart
The world’s largest oil companies are set for a cash flow bonanza this year, probably at record levels, as massive cost cuts in the wake of the 2020 oil price and oil demand collapse have significantly lowered the corporate cash flow breakeven for many firms. After posting record losses in 2020, a year which company […] The post Why big oil expects record cash flow in 2021
Having survived the murky waters of politics in Nigeria, where her mother was kidnapped to send her a message, and rising to number two at the World Bank, Ngozi Okonjo-Iweala should have no trouble dealing with international trade negotiators in her new job at the World Trade Organisation (WTO). The 66-year-old is the first woman, […] The post Ngozi Okonjo-Iweala makes history at
Efforts to tame illegal mining, popularly known as ‘galamsey’, have failed to yield results in the Ahafo Region, as the menace continues to attract a significant number of youth to wreak havoc on the environment with impunity. The galamsey menace is rife in communities like Ntotroso, Gyedu, Kenyasi, Hwidiem and Nkaseim. The prevalence of illegal […] The post Illegal
For the first time in the history of mankind, our planet is facing a pandemic that has taken nearly 2.5 million lives since November 2019. No country has been spared by COVID-19 even if the effects are at varying degrees, for unknown reasons. Today, a year after the beginning of an epidemic that has limited […] The post Emmanuel Macron: Together
The Ministry of Finance (MoF) has failed to provide data on the utilization of Annual Budget Funding Amount (ABFA) as mandated by the Petroleum Revenue Management Act (PRMA) for accountability and transparency purposes for the third consecutive year and the fourth time since the enactment of the law in 2011. According to Public Interest and […] The post Finance
Having access to fresh food crops, in many instances stir up significant delight, knowing that the crops are freshly harvested and nutritious. It is always a source of encouragement when you know that your meals will better your health and not deduct from it. At Agrihouse Foundation, we have this vision in mind for the […] The post Agrihouse tackling food wastage, losses
Though the real estate industry is widely male-dominated, that is not scaring a young Ghanaian woman from making strides and carving a niche for herself and her company. Kristianne Reindorf Osei’s company, Twelve Springs Investment Group, has in recent weeks gained global recognition for its work in the real estate industry. Twelve Springs Investment Group, […] The post Kristianne
The 50-minute documentary #ChinaPrescriptionForPoverty? tells life-changing stories about hundreds of millions of people. Who are they? How did they fight poverty? What does it mean to the rest of the world? Our crew have travelled to where the battles were among the toughest, trying to unveil the secrets and wisdom behind China’s war on poverty. […] The post China:
China pulled 850 million people out of poverty by improving infrastructure, investment and entrepreneurship. What lessons can the rest of the world take from China’s experience? The post Rise up: Poverty eradication in China appeared first on The Business & Financial Times.
Some multinational companies based in the country have expressed grave reservations regarding what they term unilateral state decisions which affect confidence in economic trade agreements on the continent. The companies, who mostly trade in the Economic Community of West African States (ECOWAS) trading bloc, say the recent decision by the Federal Government of Nigeria to […] The post Unilateral
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