Nana Amoasi IV, the Executive Director of the Institute for Energy Security (IES), has warned that the ongoing power cuts in parts of Ghana may persist unless immediate and deliberate actions are taken to address underlying challenges related to installed capacity and fuel supply. He emphasized that these issues significantly impact the country’s power sector. […] The post Recent
Dr. Ernest Addison, Governor of the Bank of Ghana has emphasized the pivotal role of digital technologies in shaping Africa’s future. Speaking passionately about the urgency of embracing digitization in trade and finance, Dr. Addison at the launch of the 3i Africa Summit highlighted Africa’s strengths, including a tech-savvy youth population, extensive mobile penetration, expanding […] The post
A taskforce comprising the Tree Crop Development Authority, the Oil Palm Development Association of Ghana, the Customs Division of the Ghana Revenue Authority, and National Security, on Tuesday, February 27, 2024, embarked on an exercise to crack down on smuggled vegetable oil on the Ghanaian market. During a swoop, eight shops were ordered to cease […] The post Taskforce
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
The Media Foundation for West Africa has attributed the closure of four radio stations in Bawku by the National Communications Authority (NCA) to what it says is the inactivity of the National Media Commission (NMC). The NCA, following a recommendation by the Upper East Regional Security Council and the National Security Ministry, shut down the […] The post NMC’s
The Director of Advocacy and Policy Engagement at the Ghana Center for Democratic Development (CDD-Ghana), Kojo Pumpuni Asante, is advocating for the elimination of the delegate system in the selection of parliamentary and presidential candidates as a measure to combat corruption in Ghana’s electoral process. This call comes in response to recent revelations by Zebilla’s […] The post Delegate
The Akufo-Addo-Bawumia-led New Patriotic Party (NPP) government has announced the setting up of a FinTech Innovation Fund (FIF) to support FinTech start-ups in a move to drive the country’s Read More... The post Govt To Set Up FinTech Fund appeared first on DailyGuide
GTP, the leading household textile brand known for its high-quality fabrics, has once again thrown its unwavering support for the advancement of national heritage with the launch of its new collections for ‘Ghana Month’ commemoration. In the beautiful exquisite Retail Store in Osu, GTP, the nation’s premier textile company launched the special GTP Nustyle Ghana […] The post GTP
By Bernard BEMPONG As a result of ever-evolving business environment, auditors now face new challenges in evaluating emerging risks and controls. This is also premised on the fact that the usual traditional auditing methodologies are unable to keep pace with new business models and processes being driven by new technologies. In that regard, auditing requires […] The post
By Buertey Francis BORYOR The Minister for Finance, Dr. Mohammed Amin Adam has reiterated the government’s commitment to the Eastern Region, particularly its first share of infrastructural development. “In this year’s budget we allocated about GH¢4 billion to the Ministry of Roads in order for us to be able to make payments to contractors so […] The post Gov’t
By Ernest Bako WUBONTO The Deputy Minister of Finance, Dr. John Kumah, has stressed the critical role entrepreneurs play in the socio-economic development of the country. Dr. Kumah said entrepreneurs have demonstrated over the years, especially in times of crisis like the COVID-19 pandemic, that they are the true lifeline of the economy. Dr. John […] The post Deputy
The ad-hoc committee tasked with probing the issues surrounding the locked-up funds of customers affected by the collapse of Gold Coast Fund Management Limited has postponed its public hearing to Wednesday, February 28, 2024. This adjustment is to make way for President Nana Akufo-Addo’s State of the Nation address in Parliament, scheduled for Tuesday, February […] The post Gold
The ad-hoc committee tasked with probing the issues surrounding the locked-up funds of customers affected by the collapse of Gold Coast Fund Management Limited has postponed its public hearing to Wednesday, February 28, 2024. This adjustment is to make way for President Nana Akufo-Addo’s State of the Nation address in Parliament, scheduled for Tuesday, February […] The post Public
The Government has plans to set up a FinTech Innovation Fund to support Start-ups to drive Ghana’s digital revolution. Vice President Mahamudu Bawumia announced this in Accra on Monday during the official press launch of the maiden 3i Africa Summit. The three-day summit, to be held in Accra, is scheduled for May 13-15, 2024, on […] The post Government to introduce
By E. N. Kwame NKRUMAH (Dr) & David ALEMZERO (Dr) While ostensibly rooted in environmental concerns, the recent introduction of a Vehicle and industrial Emission levy in Ghana has ignited a profound and nuanced debate within the socio-political landscape. Critics argue that the hurried implementation of the levy raises questions about the government’s commitment to […] The post
By Alexander Ayertey Odonkor According to the World Travel Market’s Global Travel Report from 2024 to 2033, the proportion of Chinese households with purchasing power to embark on international travel is set to “roughly double.” Attributed to rising incomes and more middle-class consumers, China’s growth is expected to add more than 60 million households to its existing population […] The post
Renowned entrepreneur and Group Chief Executive Officer of WEL Group Holdings, Mr. Eric Eduam, is pushing for increased attention to be paid to Ghana’s built environment industry to put it at par with global trends and standards. Mr. Eduam observed that Ghana’s built environment space, which touches on all aspects of human lives, needs to […] The post Expert
The governing New Patriotic Party (NPP) Flagbearer, Dr Mahamudu Bawumia, has made a significant move in the party’s preparations for the upcoming 2024 general elections by constituting a dedicated Manifesto Read More... The post Kyei-Mensah-Bonsu
The National Democratic Congress (NDC) Parliamentary Candidate for Kwahu West Constituency, Frederick Obeng Somuah, has donated a total cash sum of GHC4,500 to victims of Thursday’s accident involving young students of Ampea Memorial School in Nkawkaw. The accident claimed the lives of three school-going children and a female teacher and left about 17 more hospitalized. […] The post NDC
Her Ladyship Justice Gertrude Araba Esaaba Torkornoo, Chief Justice of the Republic of Ghana, has repeated her resolve of fighting for financial independence of the Judicial Service, as required by the Constitution. The push for the financial independence is to enable the Judicial Service to deal comprehensively with conditions of service of staff as well […] The post CJ still pushing
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