Located at the heart of Johannesburg, Melrose Arch (www.MelroseArch.co) is the city’s premier mixed-use precinct, seamlessly integrating business, leisure, and living. Perfectly positioned between Sandton and Rosebank, and with eas…
The low-level flypast marks three milestones for Emirates (https://www.Emirates.com/) and South Africa; The flying display celebrates the return of the second daily A380 service on the Dubai-Johannesburg route from 1 September.
Emirates…
The International Cocoa Organization today releases its revised forecasts for the 2023/24 cocoa year and revised estimates of world production, grindings and stocks of cocoa beans for the 2022/23 cocoa year. The data published in Issue No.…
SASAI MONEY TRANSFER (www.MoneyTransfer.Sasai.Global), a business of Cassava Technologies (https://apo-opa.co/4dKI5Hn) and one of the fastest growing international money transfer operators, has partnered with Airtel Money to expand…
The Saudi Fund for Development (SFD) celebrated its 50th anniversary in Riyadh today, under the theme "50 Years of Global Impact." The event brought together key development partners to reflect on the SFD’s significant contributions to sus…
The MTN Ghana Foundation has announced that it will launch Season 7 of its flagship MTN Heroes of Change programme on 4th September 2024 at the MTN House in Accra.
MTN Heroes of Change program identifies and recognizes selfless people w…
Telecel Ghana, a leading telecommunications provider, and Infinix, a global technology brand, have announced the launch of the Infinix XPAD – the first-ever AI-powered tablet in Ghana.
This innovative device, designed to cater to the di…
The Green Climate Fund (https://apo-opa.co/3MuvYC5) has approved $151 million in financing for a major resilience programme supported by the African Development Bank (www.AfDB.org) to address climate vulnerability in the Horn of Af…
The Food and Drugs Authority (FDA) in Western North Region has held a day's training workshop for warehouse and storage facility owners with a call on them to always adhere to all the lay down rules and regulations pertaining to storage.
…
The Ghana Revenue Authority (GRA) has organised a one-day tax sensitisation programme for traders and drivers at the Tema Community one main lorry station to help the public understand the importance of paying their taxes.
The programme…
The Social Security and National Insurance Trust (SSNIT), at the weekend, stormed the streets of Wa with the Self-Employed Enrolment Drive (SEED) campaign, to encourage self-employed workers to enrol unto the pension scheme.
It formed p…
Three hundred and fifty young women, and entrepreneurs in the Northern Region have participated in a two-day career and job fair mentorship training workshop in Tamale to equip them with skills for employment and other business opportuniti…
The Leader of the New Force Movement, Nana Kwame Bediako popularly known as Cheddar, says it is impossible for the country to digitalise without industrialisation.
He said that was because Industrialisation was instrumental in the e…
One of the world’s oldest and largest independent commodity trading companies, Gerald Group, has taken over the operations of the Bogoso and Prestea mines under the name Blue Gold Bogoso Prestea Limited.
Blue Gold B…
Switzerland has emerged as Ghana’s number one export partner, with exports from Ghana to Switzerland totalling $3 billion in 2023.
The bilateral trade volumes between the two countries saw a significant increase, ri…
Dr Mohammed Amin Adam, Minister for Finance, has announced that the government, in the coming days, will launch an exchange offer to bondholders, marking a critical step in the external debt restructuring journey.
He said the exchange off…
The State Interest and Governance Authority (SIGA) says it has reduced losses made by State Owned Enterprises (SOEs) by nine million Ghana Cedis for the 2023 financial year.
The amount represents an 83.13 per cent reduction from a previ…
The Chief Business Officer for AT, Ethel Anamoo, has called for greater female representation in traditionally male-dominated roles such as sales and marketing.
At the just ended National Sales Leaders Conference held at the Nationa…
Standard Chartered Bank Ghana PLC’s resilient performance for 2023 has resulted in the Bank declaring an ordinary dividend per share of GH¢2.9454 with a total amount of GH? 397 million to be paid to ordinary shareholders and GH¢ 3 mill…
The Development Bank of Ghana and the Exim Bank of Ghana are committing GH¢1.9 billion into the development of Small and Medium Scale Enterprises (SMEs) to promote rapid economic acceleration of the country.
Similarly, the Internation…
The Savannah region has emerged as the latest region with the "moderately free" environment for businesses and entrepreneurial activities in the country.
The Africa Centre for Entrepreneurship and Youth Empowerment (ACEYE), a policy thi…
The Business Advisory Services Providers Association of Ghana (BASPAG), will launch an innovative Business Development Service Application (BDS-App) for Small and Medium Enterprises (SMEs) in Accra. The BDS application, to be outdoored on …
In the past year, Emirates has doubled the number of cities it offers beyond its own network, unlocking travel opportunities to nearly 1,700 additional cities. This has enabled an average of over 61,000 passengers to seamlessly connect on …
Targeting $10 billion in oil and gas investments in the next 12-18 months, Nigeria has implemented a slate of reforms aimed at creating a more favorable investment climate and improved governance within the sector. At the upcoming …
Earlier this year, market research firm Benchmark Mineral Intelligence forecast (https://apo-opa.co/3z0nVKo) Africa’s lithium production to triple year-on-year in 2024, increasing the continent’s share of global output from 4% to o…
Busha (www.Busha.com) leads the way as Nigeria’s pioneering SEC-licensed virtual asset service provider under the SEC’s Accelerated Regulatory Incubation Program. They have been granted one of the first provisional licenses by the …
Fidelity Bank, Ghana's largest privately-owned indigenous bank, has concluded its inaugural GreenTech Innovation Challenge (GTIC) 2024 with an outstanding impact, awarding over GHS 1.4 million in grants to groundbreaking businesses that ad…
Mr Julian Opuni, Managing Director, Fidelity Bank, says building a greener future requires bringing together diverse voices and perspectives across industries, sectors, and communities.
He said whether through public-private partnership…
Small and Medium Enterprises (SMEs) have been encouraged to leverage the government's "SME GO" programme to boost their activities and spur growth.
The Government's SME GO initiative seeks to support fledging businesses with finance, ex…
The Ministry of Finance, in collaboration with the Ministry of Trade, has schooled some SMEs on existing opportunities in grants and loans available under the SMEs Growth and Opportunity (SMES GO) to improve businesses.
The initiative, …
Mr Yofi Grant, Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC) has asked African leaders and business executives to work on redefining engagement with investment partners to improve Foreign Direct Investment (FDI) o…
The Ghana Soybeans Farmers and Aggregators Association wants the government to as a matter of urgency, withdraw the ban on the exportation of grains.
The association says the ban is not the best for farmers whose livelihoods depend …
African countries must focus on improving their credit ratings and investor confidence to attract more foreign funding, the Executive Director for African Subsidiaries at Access Bank Plc, Seyi Kumapayi, has said.
He explained that while…
Ghanaians who do business with banks are more inclined towards those that offer speedy transactions, predictable results, knowledgeable staff, easy access and can engage with employees of the bank.
This was captured in a 2024 survey by …
Strong Air Cargo Demand Growth Extends into July
The International Air Transport Association (IATA) released data for July 2024 global air cargo markets showing continuing strong annual growth in demand.
· Total demand, measured …
Passenger Demand Up 8% in July
The International Air Transport Association (IATA) released data for July 2024 global passenger demand with the following highlights:
· Total demand, measured in revenue passenger kilometers (RPK)…
As the global energy landscape shifts towards sustainability, Africa faces the unique challenge of balancing energy access, economic development and environmental stewardship. At African Energy Week (AEW): Invest in African Energy …
Canon Europe (www.Canon-Europe.com) announces the release of the highly anticipated imagePROGRAF PRO-1100, a flagship A2 model from the desktop inkjet professional printer range. Designed specifically for professional photographers and…
The Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama, has revealed that the company lost between GH?400 million and GH?500 million due to a ransomware attack.
In an interview with Bernard Avle on The …
THE Head of Global Markets at Stanbic Bank Ghana, Afua Bulley, has urged young women to confidently pursue careers in finance, encouraging them to embrace opportunities in the industry.
Speaking during a panel discussion on ‘Encouragin…
The Finance Minister, Dr Mohammed Amin Adam, has formally requested the release of GH?500 million from the Contingency Fund to address the growing threat of food insecurity caused by the drought in the Northern part of …
The Bank of Ghana (BoG) has clarified allegations regarding the movement of uncirculated banknotes received on behalf of the Central Bank of Liberia.
Samuel Okudzeto Ablakwa, MP for North Tongu, had alleged that the BoG received unc…
The Public Interest and Accountability Committee (PIAC) has held public fora in Ningo-Prampram and Shai-Osudoku both in the Greater Accra Region to create public awareness on the use and management of the country’s oil revenue.
Held la…
The Digital Cooperation Organization (DCO), a global multilateral organization committed to enabling digital prosperity for all by accelerating the sustainable and inclusive growth of the digital economy, hosted a strategic roundtable disc…
The Tony Elumelu Foundation, together with professors from the Massachusetts Institute of Technology, the University of Chicago, and Columbia University, have drafted a study with rich insights into entrepreneurship in Africa.
The full …
Mobile Money Limited (MML), a subsidiary of Scancom PLC and a leading mobile financial service provider in Ghana, marked its 15th anniversary with a fraud sensitization roadshow in Lapaz, aimed at educating customers on how to protect thei…
United Bank for Africa (UBA) Ghana has been announced as the winner of the Most Sustainable Bank of the Year 2024 category by the Global Business Magazine Awards.
This prestigious recognition underscores UBA Ghana’s unwavering commitmen…
MACROECONOMIC INDICATORS
Q1, 2024 Real GDP Growth 4.7%
Average Real GDP Growth for 2024 4.7%
2024 Projected Real GDP Growth 2.8%
BoG Policy Rate 29.0%
Weekly Interbank Interest Rate 28.84%
Inflation for July, 2024 …
The Peasant Farmers Association of Ghana (PFAG) has welcomed the raft of interventions by the government to contain the looming food crisis, as drought sweeps across the key food production zones during the main farming season.
The asso…
The Ghana Revenue Authority (GRA) has urged owners of uncustomed vehicles to take advantage of the annual tax amnesty policy to register and pay proper duties on such vehicles before September 30, 2024.
The authority said if the owners …
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