Business communities in Ghana and Kenya have appealed to their respective governments to consider procuring vessels to aid intra-countries trade. The Ghana Chamber of Commerce and the Kenyan Association of Manufacturers were in sync on this advocacy, at a business forum for Ghana and Kenya held in Accra on Wednesday, April 3, 2024. The two […] The post Biz communities
The depreciation of the Ghanaian cedi against the US dollar continues its upward trend on the commercial forex market, with the loss in value nearing 10% for the first four months of 2024. Since the beginning of the year, the cedi has experienced marginal depreciation marking a year-to-date depreciation of approximately 9.37%. However, this marks […] The post Cedi-dollar
Energy Analyst and CEO of Euroka Energy Solutions, Dr Yussif Sulemana has taken a swipe at the National Petroleum Authority (NPA) for reintroducing the Price Stabilisation Recovery Levy in the price build-up. To him, this is not the best decision to take at this time of rising fuel prices. The NPA in a letter dated […] The post Energy Expert criticises NPA for
The Ghana Cocoa Board (COCOBOD) has announced a revision in the Producer Price of cocoa for the remainder of the 2023/24 crop year, effective from Friday, April 5, 2024. This decision was made following consultations with stakeholders. COCOBOD in a statement released on April 5, 2024, explained that a 64 kg bag is now priced […] The post Government increases producer price
Dr. Kweku Arthur-Annobil, Strategy Lead & Business Manager (BCB) at Stanbic Bank, has urged regulators and business leaders in the financial sector to support female entrepreneurs to grow and expand their businesses. He made this statement at the 2024 Women in Business Dialogue series, held at the La Palm Royal Beach Hotel. Speaking at the […] The post Women
By Emmanuel AKOMEA The Chief Executive Officer of DCG Consulting Group, Dzibordi K. Dosoo, emphasizes the significance of prioritizing skill development and effective communication to thrive in today’s competitive business environment. According to her, regardless of the product or service offered, refining one’s abilities and communicating effectively with customers are pivotal for success. Dosoo further […] The post
The Institute of Economic Affairs (IEA) has criticized the government for its poor macroeconomic performance from 2020 to 2022. During this period, Ghana experienced an economic downturn, with the government seeking a 3 billion bailout from the International Monetary Fund (IMF). Giving a post-analysis of President Akufo-Addo’s State of the Nation Address (SONA), on April […] The post Economic
Panelists present at the forum MTN Business recently organized a conference aimed at exploring the impact of data and Artificial Intelligence (AI) on businesses. The one-day event was themed, Read More... The post MTN Business Holds Data, AI Conference appeared first on
Kafui Bimpe Access Bank Ghana has partnered indigenous shoe manufacturer, Horseman Shoes, to empower over 500 shoemakers in the country. A statement issued by the bank said the empowerment Read More... The post Access Bank Partners Horseman Shoes appeared first on
The Minority members in Parliament say they have taken notice of recent developments on the international market relative to the prices of cocoa. In a statement signed by the Ranking Member on the Parliamentary Select Committee on Food, Agric & Cocoa Affairs, Mr Eric Opoku, the group said they have observed that global cocoa prices […] The post Minority in parliament demand
Access Bank Ghana Plc, a leading retail Bank in Ghana, has published its robust financial performance for the fiscal year ending 2023, marking a significant milestone in its journey of growth and resilience, further solidifying its path towards achieving its strategic goals. The bank recorded an outstanding increase in Profit Before Tax (PBT) compared to […] The post Access
President Akufo-Addo has appointed Joseph Abuabu Dadzie as the acting Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC). Prior to his appointment, Dadzie served as the deputy chief executive (DCE) responsible for Commerce, Strategy, and Business Development within the corporation. He assumes the role following the tenure of Opoku-Ahweneeh Danquah, who assumed […] The post Akufo-Addo
Former Manager in charge of Commercial Operations at the Ghana National Gas Company, Dr. Riverson Oppong has assumed the role of Chief Executive of the Association of Oil Marketing Companies (AOMCs) and LPG Marketing Companies, He succeeds Kweku Agyeman-Duah who held the position for over eight years and retired on March 31, 2024. Dr. Oppong […] The post Riverson
The Africa Centre for Energy Policy (ACEP) has asked oil marketing companies and Bulk Oil Import, Distribution, and Export Companies (BIDECs) to take legal action against the National Petroleum Authority (NPA) over the planned implementation of the amended petroleum pricing guidelines. The new pricing guidelines, among other provisions, set a price floor for petroleum products, […] The post Drag
The Head of SME & Retail Banking at Zenith Bank, Gloria Cabutey-Adodoadji has urged businesswomen to leverage the golden opportunities of the African Continental Free Trade Area (AfCFTA) agreement to expand their reach and grow their businesses and also ensure their products meet export standards. She made this known as the maiden edition of the […] The post Zenith
In the past few years, the whole world has faced changes – or one might even say structural shifts – in the economy, society, logistics and other areas. The new state of business relationships require completely different approaches and business decisions. Global challenges have forced different countries to implement projects and initiatives that would allow […] The post
Once the new Cash Reserve Requirement (CRR) policy becomes effective, it is expected to see approximately GH¢16.2billion – US$1.2 billion flow from banks to the Bank of Ghana (BoG). CRR is a rule set by central banks requiring commercial banks to keep a portion of their deposits – local and foreign currency – as cash […] The post Editorial:
In a recent initiative to bolster economic resilience, Absa Bank Ghana has organized a seminar for its Business Banking clients focused on understanding and managing market risks effectively. The event, themed ‘Anticipate and Effectively Manage Market Risk’, aimed to provide insight into the current macroeconomic climate, highlighting potential market risks and outlining risk management solutions. […] The post
In a significant move towards ensuring environmental sustainability and responsible resource management in Ghana’s energy sector, Tullow Ghana, Unit Operator of the Jubilee field, along with its partners – Ghana National Petroleum Corporation, Kosmos Energy, Kosmos Energy Ghana Investment, PetroSA, and GNPC Explorco – has officially signed an agreement to establish a Decommissioning Trust Fund […] The post Tullow,
The Founders of ‘Gye Wo Fie’ In an exciting turn of events, Ghanaian siblings, Dan, Jason, and Will Twenefour, who found success in the UK property market with their Read More... The post ‘Gye Wo Fie’ Property Draw Launched appeared first on DailyGuide
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