By Amanda KPORWOFA Ghana, like many developing countries, is dealing with brain drain, a phenomenon where highly skilled professionals and academics leave the country to seek opportunities overseas. According to a report from the Diaspora Affairs Bureau at the Ministry of Foreign Affairs and Regional Integration, the World Bank estimates that there are 1.7 million […] The post The
Top performers – King Promise, Wendy Shay , Olive the Boy, Dance God among others are set to rock this year’s Dunkfest at the Association International School, Airport , Accra on April 6. Dunkfest is a premier entertainment basketball tournament for young athletes with an affinity for hooping to compete and showcase their skills,from ankle-breaking […] The post
By Ama KUDOM-AGYEMANG Can you ever imagine a malaria free Africa? No way! Judging from the long, arduous, complex and expensive journey complicated by climate change, to find a permanent treatment, the disease might seem impossible to eradicate. While, existing interventions have significantly reduced the burden of malaria across Africa, mainly due to the scale-up […] The post
By Kenneth AMPONSAH Are banks prepared to lead the way in climate action amidst the crisis caused by climate change pandemics and conflict? In this article, I seek to point out some key initiatives and guidance that we as banks can initiate to support this agenda. But before we dive into the world of green […] The post Going green: financial institutions
In a strategic move to promote trade liberalisation under the African Continental Free Trade Area (AfCFTA), the United Bank for Africa (UBA) Ghana has collaborated with the Ghana Export Promotion Authority (GEPA) to host a crucial sensitisation seminar titled ‘Trade Liberalisation after the AfCFTA’ at the Africa Trade House in Accra. Peter Dery, Head of […] The post
By Joshua Worlasi AMLANU ([email protected]) The Monetary Policy Committee (MPC) of the Bank of Ghana has announced its decision to maintain the monetary policy rate at 29 percent, citing persisting upside risks to inflation. Dr. Ernest Addison, Governor of the central bank, disclosed the rationale behind the decision during the 117th MPC meeting’s press briefing […] The post
Kwahu Praso Rural Bank Limited has been ranked the Best Rural Bank and placed 40th at the 20th Ghana Club 100 Awards for the year, 2023. The award was received on behalf of the bank by the Human Resource Manager, Mr. Bright Mensah Amankwah, who later on presented it to the CEO of the bank, […] The post Kwahu Praso Rural Bank ranked best appeared first on
On Thursday, March 14, Ghana and other West African countries experienced a disruption in internet services, one of which has never occurred. The post Internet disruption: Check out faulty Submarine cables which have occurred in Ghana in the last 10 years first appeared on 3News.
The National Communications Authority (NCA) has expanded its satellite licensing regime to include recent broadband satellite services, according to the Director General at NCA, Dr. Joe Anokye. At a media briefing on Sunday, March 24, to update the country on the recent internet disruptions occasioned by the undersea cable cuts, Mr. Anokye indicated that the […] The post NCA
Africa World Airlines has issued a statement to clear up inaccuracies in recent media reports concerning its flight to Tamale, while also reaffirming its commitment to safety and operational integrity. On March 12, 2024, during preparations for flight AW160 from Accra to Tamale, the airline’s Flight Operations Control office received notification from the fuel supplier […] The post
Bayobab Group, a subsidiary of MTN Group, has successfully restored its operations, recovering over three terabits per second (Tbps) of capacity across the world to bolster network connectivity. A statement from MTN Group dated March 19 said, “Bayobab’s ecosystem facilitates secure and scalable global traffic within Africa and the rest of the world, serving 19 […] The post Undersea
The African Continental Free Trade Area (AfCFTA) presents considerable opportunities for the evolution and monetization of Africa’s trading sectors[1]. Upon full implementation and ratification by member states, this trade agreement will establish a cumulative market encompassing 1.3 billion individuals across 55 countries, boasting a collective GDP of approximately USD 3.4 trillion. The AfCFTA has been […] The post
By Queenly Joy SMITH The world today is developing at a rate faster than forecast, especially, on the wheels of technology. As the world economy would have it, technology has set the stage for disruptive innovation and practices fueling the enhancement of various sectors, while creating exceptional returns for stakeholders. Although one of the oldest […] The post Agricultural
Head of Financial Advisory & Equity Capital Markets at Stanbic Bank, Isaac Simpson, has emphasized the need for collaboration between the right stakeholders in order to form the necessary policies to accelerate sustainable finance. He made this statement at the 2024 Africa Energy Technology Conference, held at the Labadi Beach Hotel. Speaking on the topic […] The post
By Isaac BOADI (Prof) & Godwin MUSAH (Dr) The University of Professional Studies, Accra (UPSA) is calling on banks, financial institutions, and regulatory bodies to join its Strategic Seminar Series focused on Anti-Money Laundering (AML) and Counter-Financing of Terrorism (CFT). This collaborative effort is designed to empower stakeholders across the financial sector with the latest […] The post
…Causes, Challenges & Recommendations By Desmond O. APPIAH Last week, some countries across West and Central Africa, and some parts of Southern Africa suffered internet outages causing major disruption in internet services. The disruption, which began on Thursday, March 14th, 2024, is attributed to damage in multiple undersea cables that carry internet traffic. The exact […] The post Internet
The Minister for Communications and Digitalization, Ursula Owusu-Ekuful, has described the recent internet disruptions as a blessing in disguise for Ghana. She explains that though it triggered widespread frustration among Ghanaians, it highlighted the need for the government to focus on providing the needed infrastructure to reduce possible disruptions in the telecommunications sector. Mrs Owusu-Ekuful […] The post Recent
Technology Analyst, Maximus Ametorgoh, has expressed concern over the country’s handling of the recent internet disruptions. He pointed out that the situation is causing financial losses for both the telecommunications networks and their subscribers. Since Thursday, March 14, Mobile Network Operations (MNOs) have been disrupted, resulting in many Ghanaians being left without internet connections. In […] The post Ghana
By Eric OSIAKWAN In February 2023, Universal Music Group (UMG) annouced a majority strategic investment into Mavin Global[1] – a leading African records label based in Nigeria – the deal is subject to regulatory approval by the end of Q3 2024. By some estimates the deal is between $125M and $200M giving UMG about 80% […] The post Capital, Capacity
“I pity the man who wants a coat so cheap that the man or woman who produces the cloth will starve in the process.” Benjamin HARRISON, American politician and former U.S President Introduction Globalized trade touches every part of our lives, but we hardly notice it anymore. Global trade is a simple fact of life […] The post Sustainability
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