In the competitive business world, understanding your enterprise’s financial foundations is beneficial and essential for survival and growth. Among the most crucial financial metrics entrepreneurs must grasp are Profit, Margin, Profit Margin, Net Profit, and Net Margin. Each of these terms, while interconnected, offers unique insights into the financial health and operational efficiency of a […] The post

Ghana’s Parliament has passed the Anti-LGBTQ Bill into law. The bill aims to uphold proper human sexual rights and Ghanaian family values, while prohibiting lesbian, gay, bisexual, transgender, queer (LGBTQ+), and related activities. The Bill in its current form proposes a jail term ranging from six months to three years for those found engaged in same-sex […] The post Parliament

By Mohammed AWAL, Barcelona, Spain Jeffery Zhou, President of ICT Marketing at Huawei, has emphasized the vital role of digital solutions in promoting environmentally conscious urban development. Digital technology is rapidly reshaping the world, supercharging efficiency and productivity across all industries and sectors of society. However, the digital divide is growing, and the benefits of […] The post

The Public Utilities Regulatory Commission (PURC) has announced a substantial reduction in electricity tariffs, effective from April 1, 2024, to June 30, 2024, in a major move to alleviate the financial burden on consumers. Residential Consumers in the 0-300 kWh consumption bracket and lifeline consumers (0-30 kWh) will experience no change (0 percent) in electricity […] The post

Nana Ama Dokua Asiamah-Adjei, Ghana’s deputy minister for trade and industry overseeing International Trade, spearheads the nation’s representation at the 13th Ministerial Conference of the WTO (MC13) in Abu Dhabi, UAE, from February 26 to 29, 2024. Attended by trade ministers from 166 WTO member states, MC13 is pivotal, focusing on crucial agreements spanning agriculture, […] The post

SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, is launching SOLV Ghana, a business-to-business (B2B) online marketplace that offers micro, small, and medium enterprises (MSMEs), short-term invoicing financing, buy now pay later services, and business loans via a trusted marketplace of verified buyers and sellers. “At SOLV, our mission is to empower MSMEs […] The post

By UK Minister of State for Development and Africa, Andrew Mitchell Trade is the lifeblood of the global economy – it brings countries and people together and can transform our lives for the better. I’m proud that the UK’s trading offer to Ghana and over 90 other countries is amongst the most generous in the […] The post The World Trade Organisation

AgriConnect Ghana, a collaboration between the SOFTtribe and the Mastercard Foundation, began delivering laptop computers to students at the University of Ghana, the University of Cape Coast (UCC) and the Kwame Nkrumah University of Science and Technology (KNUST) on February 5, 2024. Over 1,000 students have received their laptops and connectivity and thousands more are […] The post

By Emmanuel AKOMEA DMT, a leading collateral manager, has announced its collaboration with Veridapt to transform inventory monitoring and verification in Africa. The partnership underscores the digital shift under way in Africa and worldwide in commodities inventory management. Managing Director for DMT West Africa, Paul Minlah, emphasised the importance of transparency in the industry, stating: […] The post

Huawei has successfully hosted the Huawei Industrial Digital and Intelligent Transformation Summit under the theme of “Leading Digital and Intelligent Infrastructure, Accelerating Industrial Intelligence” during the MWC Barcelona 2024. Huawei invited global customers, partners, and industry leaders to explore and share their innovations and practices in digital and intelligent transformation for industries and small- and […] The post

By Kestér Kenn KLOMEGÂH Until sustainable food security is established through modernizing agriculture and ensuring adequate support for local farmers, Russia’s grain supply would be a soft geostrategic bait (i) to reinforce the existing time-tested relationships with Africa and (ii) to solicit an endorsement for the unprovoked war in Ukraine. In a speech delivered, 20th […] The post Africa

By Marie-Noelle Nwokolo and Nyasha Mpani 2024 isn’t just another year on the calendar for Africa – there’s a democratic whirlwind sweeping across the continent, with 17 nations poised to make history, one ballot at a time. Africa isn’t just counting votes – it’s counting on democracy. With almost a third of the countries on […] The post Ghana’s

By Mohamed A. El-Erian What happens in the United States does not stay in the United States. The global economy depends on America to act as a main engine of growth, and global financial markets depend on US investors’ outsize appetite for risk. This became particularly evident in 2023 when major economies like Japan and […] The post Will the US economy drive

By Mohammed AWAL, Barcelona, Spain MTN Group and Huawei have signed a Memorandum of Understanding (MoU) to establish a Joint Innovation Technology Lab, to strengthen collaboration in technological innovation. The signing ceremony took place at MWC Barcelona, Spain, and was attended by senior delegations from both MTN and Huawei. The partnership will see the creation […] The post

By Effie AMISSAH The banking industry underpins the financial services industry in the country. Regulated by the Bank of Ghana, the industry provides an avenue where cash, credit and other financial transactions for both individuals and businesses are accessed. According to the 2023 Price Water House Coopers Banking Survey Report, the banking industry contributed GHC16.21 […] The post The

RIDA FoodTech LTD, a dynamic woman-led enterprise, embarked on a transformative journey, fueled by a passion for sustainable agribusiness and social impact. Founded with a mission to enhance livelihoods and empower communities, RIDA’s commitment to innovation and excellence has reshaped the agricultural landscape in Northern Ghana. Originally established in 2021 as Northern Foods and Beverages, […] The post

Barbara Okai-Tettey, Senior Compliance Manager at Stanbic Bank Ghana has emphasized the need for collaboration between the financial service industry and regulators to enhance the evolving use of AI in transaction monitoring. She made this statement at ‘The Fintech & Banking Event’ hosted by fintech software company, ThetaRay, at the Kempinski Hotel Gold Coast City, […] The post

Ghana is emerging as a significant force in mineral development across West Africa, according to the African Minerals Development Centre (AMDC). Speaking at a conference in Accra, AMDC Programmes Manager, Mkhululi Ncube highlighted Ghana’s recent progress in “green minerals” as a bright spot for the region. Critical minerals, termed as green minerals in this context, […] The post

By Emmanuel Owusu Agyei AMPEM My friend Charlotte of ENI has always been arguing; and she talks to me about climate change and its effects on modern economies. She has been so passionate about it that she tells me how her application to join the just-ended COP 28 was rejected because she works for ENI […] The post A 24-hour economy policy – celebration of mediocrity?

In the heart of Accra, Ama, a busy working mother, is balancing her career and family life. One day, her son falls ill. Normally, this would require her to take time off work, deal with traffic, and endure long waits at the clinic. But not anymore. Today, she turns to GLICO’s e-Health app. With just […] The post Transforming healthcare with GLICO’s