Ghana is making important inroads to stabilize its economy, and continued program implementation beckons a brighter future. When Ghana requested an IMF-supported program in July 2022, the country was dealing with an economic and financial crisis that was the outcome of preexisting vulnerabilities and substantial external shocks. The authorities have since made compelling progress under […] The post Ghana:
Telecel Group, an Africa-focused telecommunication company with expertise in combining telecommunication with fintech, e-commerce, and tech start-ups successfully acquired 70% majority shares in Vodafone Ghana (Ghana Telecommunications Company Limited – GTCL) in February 2023 and is set to bring disruptive innovation into Ghana’s telecom industry with customer-centric products delivered with exceptional customer service. In a […] The post Vodafone
Brukina This study was conducted by Kortei et al.(2022) and examined the Aflatoxin M1 levels and cancer risks associated with brukina from different locations of the Greater Accra Region of Ghana. The study concluded that the consumption of brukina posed adverse health effects on the majority of the age categories in the different locations of the […] The post Brukina causes
The Electricity Company of Ghana Limited (ECG) has announced that applications such as new service, separate meter, and additional load will be moved and can only be done online through the ECG Mobile App effective February 1, 2024. ECG, in a notice, said the migration forms part of its digital transformational agenda as well “as […] The post ECG
President Akufo-Addo has inaugurated a state-of-the-art oil refinery worth one billion dollars in the Tema Industrial Area, marking a significant milestone towards reducing Ghana’s dependence on imported petroleum products Read More... The post President
David Ofosu-Dorte, Senior Partner at AB & David, asserts that businesses cannot be strategized based on spiritual prophecies. Mr. Ofosu-Dorte, who engages in crystal balling, suggests that businesses could be strategized based on three factors commonly used for predictions. Speaking in an interview on The Point of View on Citi TV on Wednesday, he said […] The post Businesses
From left: Emmanuel Benimah, Deputy General Secretary in charge of Operations, ICU-Ghana, Samuel Ananga, Deputy General Secretary in charge of Administration, ICU-Ghana, Morgan Ayawine, and Alhaji Nuru-Deen Alhassan, National Chairman, Read More... The post ICU Joins Call For No Electricity
Some officials of Absa Bank Ghana displaying the awards ABSA BANK Ghana has been recognised for its outstanding support to the agricultural sector by the Ghana Incentive-Based Risk-Sharing System Read More... The post Absa Bank Grabs 4 Agri-Financing Awards appeared first
In a ground-breaking collaboration, Oxford Business Group (OBG) and the Africa Prosperity Network (APN) are joining forces to spearhead the APN initiative to identify and address bottlenecks in manufacturing, adding value, and trading within the African continent. This strategic partnership signifies a commitment to shedding light on Africa’s economic landscape, particularly in Ghana and the […] The post
The Ghana Health Service (GHS) has raised concerns over a rapid rise in cesarean section (C-section) deliveries. According to the 2022 Ghana Demographic and Health Survey (GDHS), one in five births now happen through C-section, with the national rate exceeding the WHO’s recommended 15% benchmark. This statistic, translating to a 21% C-section prevalence, raises concerns […] The post GHS
President Nana Akufo-Addo has granted KPMG’s request for an audit extension on the transaction involving the Ghana Revenue Authority (GRA) and Strategic Mobilisation Ghana Limited (SML). The audit Read More... The post Nana Grants KPMG’s SML Audit Extension
The Development Bank Ghana has injected more than GH¢1billion into the private sector since its inception in June 2022, its Chief Executive Officer, Kwamina Duker, has revealed. This investment, he noted, has played a pivotal role in fortifying over 80 businesses, resulting in the creation of over 6,000 jobs. Thirty-eight percent of these jobs have […] The post DBG
British High Commissioner Harriet Thompson has expressed the UK’s readiness to collaborate with Ghana to advance electric vehicles (EVs). “We are thinking about it in the long term¸” the High Commissioner said at an auto investor reception at her residence in Accra. She added: “We are not only here thinking about what are the opportunities today, but we are also very much interested in how the sector […] The post
In Africa, it is estimated that small and medium-sized enterprises (MSMEs) make up approximately 90% of all businesses and contribute to over two-thirds of employment opportunities. These enterprises are also becoming hubs of innovation. This upward trajectory underscores the vast potential of MSMEs to drive Africa’s socio-economic growth and actualize the goals of the Africa […] The post
The Agricultural Development Bank (ADB) and five other banks have secured a court order to prevent any sale or transfer of assets of PBC Limited, including its headquarters at Number 106 Olusegun Obasanjo Way, Dzorwulu Junction in Accra. This follows a judgment secured by the six banks against PBC Limited. The other five banks include […] The post ADB,
Former President John Dramani Mahama has pledged to make AngloGold Ashanti more vibrant, focusing on job opportunities for Obuasi residents and host communities to help enhance the local economy. He made this commitment during a dialogue with traditional authorities in Adansi as part of his extensive stakeholder engagement tour in the Ashanti region. Additionally, Mr. […] The post Next
President Nana Addo Dankwa Akufo-Addo has appointed John Kwaning Mbroh as the Chief Executive Officer (CEO) of the National Pensions Regulatory Authority (NPRA). Kwaning Mbroh’s appointment takes effect from 1st February 2024. The current CEO, Hayford Atta Krufi, is proceeding with his retirement after holding the position since 2017. Kwaning Mbroh has expertise in pension […] The post Kwaning
United Bank for Africa (UBA) Plc, Africa’s Global Bank, has won several prestigious international awards in view of the bank’s continuous contributions to the economic development of Africa. The recognition of the bank’s outstanding performance reaffirms its status as a leading player in the financial industry. A statement issued by the bank and copied to … The post UBA wins international awards
#Price #Weight #Shrinkflation #TurningTheCorner What do all the macroeconomic numbers and jargon have to do with the price of kenkey? Here it is: From a turbulent beginning that saw two price increases within six months, the kenkey market had stabilized by the end of 2023. Four-cedi kenkey dominates, five-cedi kenkey is here to stay, and […] The post The Kenkey
Ousmane Diagana The World Bank has approved a $300 million Development Policy Operation for the country. This first resilient recovery development policy financing is a critical contribution by the Read More... The post World Bank Approves $300m
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