With an unwavering commitment to elevating literacy rates and enhancing educational opportunities in Ghana, the Girls Education Initiative of Ghana (GEIG) in collaboration with X-Fellows is proud to announce the launch of “Project Dream” on May 17, 2024. This pioneering initiative is a support program for underprivileged students who will be inducted into the fellowship […] The post
The Bank of Ghana (BoG) and the Development Bank Ghana (DBG), in collaboration with their digital partner Proxtera and supported by the Monetary Authority of Singapore (MAS), have announced plans to disburse US$100 million to MSMEs through the Ghana Integrated Financial Eco-system (GIFE). The deal, announced during the 3i Africa Summit sessions and signified by […] The post MSME
By Juliet ETEFE Chief Executive Officer of Mobile Money Limited Ghana, Shaibu Haruna has underscored the importance of fostering deeper relationship and trust between banks, fintechs, and mobile money providers to fuel economic growth and financial innovation. Contrary to popular perception, he highlighted the longstanding collaboration between banks, fintechs, and mobile money providers, stressing the imperative […] The post
By Wisdom JONNY-NUEKPE Import of second-hand clothes, popularly known as ‘obroni wawu’, has reached a staggering US$323.32 million over two years – in 2021 and 2022, according to data from the Ghana Used Clothes Dealers’ Association (GUCD). The association’s Chair, Jeffren Abrokwah, at the launch of an evaluation report on the socio-economic and environmental impact […] The post
First Bank Ghana has picked up three awards (3) at the 2023 Global Brands Magazine Awards held at the Athenee Hotel in Bangkok Thailand last week. The Bank also picked up five awards at the Ghana Finance Focus Awards that held last month at the La Palm Royal Beach Hotel. This brings to eight, the […] The post First Bank picks up more awards appeared first on
Standard Chartered took centre stage as the lead partner of the Women in Technology Conference at the 3i Africa Summit. Opening the session, which was one of the most patronised during the summit, the Bank’s Chief Executive Officer, Mansa Nettey delivered an impactful keynote address highlighting the importance of investing in women-led innovation, underscoring the […] The post
By Kizito CUDJOE The Minister for Trade and Industry, Kobina Tahir Hammond, has ordered the Cement Manufacturing Development Committee (CMDC) to direct cement manufacturers in the country to “reverse immediately the increase in cement prices recently announced in the country.” The Minister’s directive comes in response to the recent arbitrary increases in cement prices. He […] The post
The Ghana – West Africa Business Excellence Awards’ 7th edition, organised by KN Unique Communications and endorsed by the West Africa Chamber of Commerce and Industry recognized outstanding companies and individuals from various business sector in Ghana and other countries of West Africa. The awards event provides a platform to recognize individuals and companies which […] The post
Stephen Blewett, Chief Executive Officer-MTN Ghana, has issued a crucial call to action at the 3i Africa Summit – shedding light on the detrimental impact of high taxes on the mobile industry. His remarks echo the frustrations of many within the sector who are grappling with the burden of excessive taxation. Taxes, amounting to a […] The post Editorial:
“The parasitical plant has no roots; it claims relationship with every tree.” – Nigerian proverb All around us are lots of contrasting scenarios in life. We hear of ideals and ideologies so grand and yet the actions that accompany them are ordinary. Day in, day out, we hear of individuals and groups undermining good in […] The post The Attitude Lounge by Kodwo
By Prof. Samuel Lartey ([email protected]) In the insightful Chapter 2, “A Heritage of Toil and Restlessness,” the rich tapestry of Ghana’s cultural and religious history is meticulously woven through the narrative of Larteh, a town that encapsulates the dynamic interplay between tradition and modernity. This chapter is more than a historical recount; it serves as […] The post
…essential insights from “a heritage of toil and restlessness” for education providers By E. KINGSLEY LARBI (Rev. Prof.) In the heart of Ghana, where the past and present blend seamlessly, lies the story of a small town, Larteh, captured poignantly in Chapter 2, “A Heritage of Toil and Restlessness.” This chapter, a cornerstone of a […] The post Bridging
Leading African fintech becomes the latest Participating Financial Institution (PFI) on tbDEX, unlocking liquidity for B2C and B2B cross-border payments across 40 African countries; explores new use cases leveraging decentralised identity. TBD, part of Block, which is focused on creating open and decentralised technologies to connect the financial world, announces that leading African fintech Chipper […] The post
The African Women in Leadership Organisation (AWLO) has announced the forthcoming African Women In Leadership Conference (AWLC), slated to occur from May 16 to 18, 2024, in Accra, Ghana. Under the theme ‘Investing in Women; Bridging the Representation Gap’, this conference represents a significant step forward in enhancing women’s leadership throughout Africa. The conference aims […] The post
By Togbe Afede XIV On March 25, 2024, the Monetary Policy Committee (MPC) of the Bank of Ghana decided to maintain the policy rate at 29 percent, citing persisting upside risks to inflation. But the stark reality is that BOG is in a financial quagmire because it may find it difficult to meet its operating […] The post BoG profits unduly from high rates appeared first on
By Ruth ADU-DAAKO When it comes to developing Ghana’s palm oil industry, the government has focused primarily on promoting large industrial mills and expanding cultivation by smallholder farmers. While increasing productivity and yields is important, this narrow approach overlooks a vital segment of the sector – the thousands of Ghanaian women working in informal, small-scale […] The post
By Kizito CUDJOE The Ghana Chamber of Mines has announced a substantial investment of US$219,318 into the University of Mines and Technology (UMaT) over a three-year period from 2024 to 2026. The funding aims to support research in improving gold recovery methods, especially from carbonaceous ore bodies, which have historically challenged the mining industry due […] The post Chamber
By Joshua Worlasi AMLANU Significant reforms in the formal sector over the past three decades have led to economic stability and predictable growth rates across African nations, particularly in Ghana, Vice President Dr. Muhammadu Bawumia has said. This stable economic environment has created a fertile ground for financial technology (Fintech) growth, which the Vice President […] The post
By Juliet ETEFE The Chief Executive Officer of MTN Ghana, Stephen Blewett, has called for a reassessment of tax policies hindering mobile industry growth. Mr. Blewett lamented that taxes, constituting about 30 percent of industry revenues, serve as a major barrier to critical infrastructure and other investments necessary for modernising and expanding digital infrastructure, including […] The post
… as gov’t, EBID join forces to empower businesses, drive economic growth Finance minister Dr. Mohammed Amin Adam has signed a strategic Memorandum of Understanding (MOU) with the ECOWAS Bank for Investment and Development (EBID), in a move aimed at empowering small businesses and driving economic growth. The agreement – signed on May 10, 2024, […] The post US$200m boost for SMEs
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