On June 20, 2023, out of the blue, Ghana’s telecoms industry regulator, the National Communications Authority (NCA) made a post on its official Twitter handle (@NCAGhana), explaining the rationale for classifying and declaring MTN Ghana as a Significant Market Power (SMP) exactly three years ago in June 2020. Some industry watchers felt the post […] The post
The ultimate dream of every financial institution is to climb the global corporate ladder to be one of the best if not the best already. To achieve this, there is a need for the banks’ strategic plans to include a more balanced risk management approach to secure the bottom-line through adequate staff levels to ensure […] The post
Tailings form a major component of the mining industry, and management of tailings in mining sites across the globe has become a key component of discussions on climate change, carbon emissions and environmental social governance. Studies have shown that if not managed properly, tailings can have chronic adverse impacts on the environment and human health […] The post
Frequent and intense droughts, floods, heat-waves, tidal waves and warming oceans are becoming rampant due to climate change. We know and experience them, and yet somehow climate change still appears remote to the average person despite the obvious harsh impacts as well as opportunities that this global conversation presents to individuals, businesses and nations. There […] The post
Fixed deposits, also known as term deposits, are similar to certificates of deposit in that they are a combination of a savings account and an investment vehicle. When a person purchases a fixed deposit, they deposit money into a bank and receive interest payments in return. The interest rates paid on fixed deposits are typically […] The post
Enterprise Singapore, an investment promotion agency from the Asian country, says it is initiating measures to facilitate collaborations between manufacturers from Ghana and Singapore. The efforts, its Regional Group Director – sub-Saharan Africa, Rahul Ghosh noted, aim to improve Ghanaian companies manufacturing capacity through partnerships with Singaporean counterparts, as well as knowledge-sharing. To achieve this, […] The post
The National Seed Trade Association of Ghana (NASTAG), the apex body of the seed value chain, has refuted claims of maize seed shortage in the country. According to the association, recent media reports with the caption ‘Shortage of maize seed disrupts planting in Sissala’ was only based on a mere fact that some farmers have […] The post NASTAG refutes maize
…a fresh look at workplace conflict Conflict is a natural occurrence, not just in personal relationships, but also within a professional environment. Workplace conflict, like a storm, brings a sense of tension and chaos. Yet, just as a storm may nurture growth and renewal, conflict can catalyze transformation, evolution, and maturity within an organization. However, […] The post
The advent of technology has empowered businesses around the world to invest in information systems to simplify processes and improve efficiency of their operations. It is important to revere the transformational effects of modern technology on business operations, but we should also not lose sight of the cybersecurity threats we face. These threats require proactive […] The post Exploring
ACI Ghana, the national association of financial market professionals, has moved to assure participants and the public of the stability and integrity of the foreign exchange (FX) market. This comes after the recent decision by the Bank of Ghana (BoG) to suspend the forex licenses of two member institutions – Fidelity Bank and First National […] The post ACI
AngloGold Ashanti (AGA) Obuasi Mine has handed over a 20-seat toilet facility worth GH?630,000 to residents of Anyimadukrom and pupils of the Kwabrafoso cluster of schools in the Obuasi East district of the Ashanti Region. The facility has a biogas digester, two toilet facilities for disabled, two shower-rooms, six hand washing basins and 18 water-closets […] The post
…A cornerstone for sustainable economic dev’t Education, specifically entrepreneurship education, is increasingly being recognized as the cornerstone of sustainable economic development. By arming individuals with the knowledge and skills to create and sustain businesses, it fosters job creation, income growth, and overall economic advancement. Globally, such programs have been instrumental in driving economic prosperity, particularly […] The post
Unilever Ghana, a leading consumer goods company, has reported impressive financial results for the year 2022. The company’s revenue increased to GH¢632million, a significant rise from the GH¢527million recorded in the previous year. Moreover, Unilever Ghana achieved a post-tax profit of GH¢15.08million, compared to GH¢0.4million in 2021, a 3,650 percent growth. Speaking at a ‘Facts […] The post
In response to the continent’s vulnerability to the threats and risks of disaster, the United Nations Office for Disaster Risk Reduction (UNDRR), in partnership with its Network of Centres of Excellence (NoE), is building the capacities of African countries to enable them tackle the issue through the early warning system initiative. In this regard, a […] The post UNDRR,
FBNBank Ghana has announced its partnership with the Pan African Payment and Settlement System (PAPSS) to facilitate settlement of cross-border transactions that will create new financial flows in addition to promoting trade and other economic activities among African countries. PAPSS is a financial market infrastructure that provides a secure and efficient channel for processing cross-border […] The post
ePac West Africa, one of the largest networked packaging companies in the world, has formerly launched its packaging plant in Accra to support the domestic packaging industry. The launch of the plant will put ePac in a unique position to support the growth of the local consumer packaged goods industry, promote local production and improve […] The post ePac
E-Crime Bureau, a cyber-security and digital forensics consultancy, is urging maximum vigilance in handling and transporting cash as attacks on cash-in-transit space persist. It noted that despite the increasing prevalence of digital transactions in the global financial landscape, cash continues to remain a vital component of financial transactions in the economy; and with its attendant […] The post
a platform for training African Talent in web3 product design, product management and smart contract engineering Following the success of its pilot training programme – Aya Web3 Fellowship – in partnership with Coinbase, Aya has launched Ayaversity: its training platform aimed at training African talent in web3 product design, product management, and smart contract engineering. […] The post
Regulatory Measures on Cryptocurrencies (cont’d) Discussion in the preceding section affirmed transactions of bitcoin and other cryptocurrencies were mostly unregulated. However, the trend has reversed or improved in recent years. The anti-money laundering (AML) and counter terrorism financing watchdog for the global community, Financial Actions Task Force (FATF), has set rules for the cryptocurrency industry. […] The post
Government has invested over GH¢800million in strengthening and developing the country’s micro, small, medium enterprise (MSME) space since 2017, Chief Executive Officer (CEO) of the Ghana Enterprises Agency (GEA), Kosi Yankey-Ayeh, has revealed. The investment, which has benefitted over 900,000 MSMEs across the country she explains, has been crucial in driving the country’s economic growth […] The post
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