Ghana has completed the project preparatory phase of the Scaling-up Renewable Energy Programme (SREP), Dr Matthew Opoku Prempeh, the Energy Minister, has said.
The SREP Investment Plan is key to the Government's strategy aimed at unlock…
Mr Samson Awingobit Asaki, Executive Secretary, Importers and Exporters Association of Ghana, has affirmed that the implementation of the paperless port system at Ghana's ports has allowed shippers to clear cargo in real-time without delay…
Ghana’s leading provider of comprehensive home financing solutions, First National Bank Ghana, has signed Memoranda of Understanding (MOUs) with three more real estate developers to collaborate in the provision of homes for Ghanaians as pa…
On the occasion of Global Handwashing Day, WaterAid Ghana is urging the Government to make financing available to accelerate hand hygiene for all. Globally, 2.3 billion people, almost one in three, lack soap and water for handwashing at ho…
United Bank for Africa Ghana Ltd. (UBA Ghana) has received a five-star rating for overall service quality and satisfaction for traditional and remote banking, and among top five banks in customer loyalty.
UBA scored 5-star along with 10…
With the purchase of vehicles becoming more difficult because of the existing financing model, Autocheck Africa, an automotive technology company, has introduced an innovative platform that seeks to bring flexible car ownership and financi…
The Public Interest and Accountability Committee (PIAC), has urged the Minister for Finance (MOF) to build a stronger buffer for the Ghana Stabilisation Fund (GSF).
This is to enbale the fund effectively serve its purpose of shoring up …
The Regional Head of IBM North, East and West Africa, Mrs Angela Kyerematen-Jimoh, has been named in the list of 50 women chief executive officers (CEOs) leading corporate Africa.
The list was compiled by Africa.com over many months thr…
The Managing Director of Access Bank Ghana, Mr Olumide Olatunji, has called for the need to inculcate the habit of saving in children at an early stage of their lives.
He said this would help them to understand the importance of savings…
Klasha, a San Francisco and Lagos-based cross-border company building technology infrastructure for cross-border commerce in Africa, has announced its launch in Ghana.
Launched in Nigeria in May 2021, Klasha's solution helps merchants w…
The reduced interest rates and reduced cost of credit gives consumers an opportunity to better manage their money by making smart decisions on credit.
Yogesh Borkar, Head of Credit at First National Bank says, “in the last year, consume…
The Ghana Bankers Association has called for extra vigilance on the part of merchants providing goods and services in order to help reduce ATM or card fraud.
The 2020 fraud report from the Central Bank revealed among other things that, …
The General Agricultural Workers Union (GAWU) says the removal of the Price Stabilization and Recovery Levies (PRSL) on petrol, diesel, and LPG for the next two months will have little to no effect on the prices of foodstuff in the markets…
Mr Ken Ofori-Atta, the Minister of Finance, says the Ghana Infrastructure Investment Fund (GIIF) must continue to be run in the right way with strong corporate governance and without undue political interference in its operations.
He sa…
The Bulk Oil Storage and Transportation Company Limited (BOST), has announced the discovery of adulterated products at its Kumasi depot over the last couple of days.
It said nine Bulk Road Vehicles (tankers) have been held for carrying …
Mr Smaila Boakye has been elected as the new chairman of the Ashanti regional branch of the Ghana Private Road Transport Union (GPRTU).
Mr Boakye polled 187 votes to beat his only challenger, Nana Kwame Afriyie, who had 72 votes in an e…
Newmont Golden Ridge Limited (Akyem Mine) Tuesday presented GHC110,781,444.45 as dividend to the government for the 2021 financial year.
The dividend represented government's free carried interest share in the Company in the Birim North…
Members of the National Youth Committee of the Public Services Workers' Union (PSWU) of the Trades Union Congress, have been advised to uphold the core mandate and values of labour.
They should be actively involved in programmes and cam…
The Environmental Protection Agency (EPA) is in the process of procuring more drones to boost its operations in mining communities.
The Agency is currently training its staff in the use of drones to monitor mining activities in th…
Mr. Richster Nii Amarh Amarfio, Secretary of the Ghana Tuna Association (GTA), said Ghana needs to train fishing crew to boost the activities of the fishery industry.
He said government needed to understand the activities of the fishery…
MTN Ghana’s 25th anniversary promotion winners for the month of August will be presented with their prizes by the end of October 2021.
The Chief Marketing Officer Mr. Noel Kojo Ganson said “ we are getting ready to present the vehicles…
Global media network PHD, part of Omnicom Media Group, has introduced a new mark and refreshed brand identity to reflect its philosophy ‘Make the Leap’ – a call to action for leveraging the power of imagination to drive disproportionate gr…
The Public Interest and Accountability Committee (PIAC), has urged the Minister for Finance (MOF) to grow the Ghana Stabilisation Fund (GSF) in order to serve its purpose of shoring up Annual Budget Fund Amount (ABFA) expenditure when ther…
Local and international business leaders will converge in Accra for the fourth edition of Stanford Seed Transformation Network (STN) Ghana’s Business and Leadership Conference on October 21, 2021.
The conference, which is an annual prog…
THE survival of 75 solar companies is under threat due to what they describe as unfair policies and regulations in the industry.
Already five of them have started preparations to relocate to Liberia and Sierra Leone as the solar busin…
It is often said that for a business to succeed, it must solve a problem. For many entrepreneurs, the secret to their success is their ability to identify a problem and develop a solution for it.
For the Chief Executive Officer of Hair …
The financial market globally has seen one of the most dramatic changes in regards to the insurgence of technology in the past decade after the last financial depression in 2009.
The global market is currently seen to have opened up to …
The ECOWAS Commission, in collaboration with the Organisation for Migration (IOM) and other partners, is organizing a high-level Consultation on the Implementation of the Global Compact for Safe, Orderly and Regular Migration (GCM) in Abuj…
Secretary to the Ghana Tuna Association, Richster Nii Amarh Amarfio, has called for the establishment of fisheries banks to support the operations of industry players.
He said most banks did not understand the fishing industry well enou…
The World Bank has projected that Ghana would end this year with an inflation rate of 9.8 percent.
This forecast in the Africa Pulse Report by the World Bank falls within the Bank of Ghana’s target of 8 +/-2%.
“In Ghana, weak domesti…
Four top-performing Bolt drivers in Ghana will be rewarded brand new 2021 Suzuki Celerio cars in recognition of their amazing service by the end of the platform’s 2021 driver reward contest that was launched today, Monday, October 11, 2021…
The Coalition of Civil Society Organisations (CSOs) against Sanitary Pad Taxation has appealed to the Ministry of Finance to abolish taxes on sanitary pads to improve menstrual hygiene and quality of life for girls in the country.
As Gh…
Swift Petrotrade Group (SPG), a Ghanaian-owned international petroleum and petrochemical trading company, has closed a Joint-Venture deal with Hatch Energy Group (HEG), an international oil and energy services company, to provide specialis…
INVESTMENT TERM OF THE WEEK
Price-to-Earnings Ratio (P/E): The Price-to-Earnings ratio (P/E) is one of the most widely used tools by which investors and analysts determine a stock's relative valuation. The P/E ratio helps one determine …
A new report by the global research and consultancy firm Oxford Business Group (OBG) will look in detail at the landmark legislation introduced in Ghana over the past year, which has set the scene for the country to boost inflows and drive…
MACROECONOMIC INDICATORS
Q2, 2021 GDP Growth 3.9%
Average GDP Growth for 2021 3.5%
2021 Projected GDP Growth 5.0%
BoG Policy Rate 13.50%
Weekly Interbank Interest Rate 12.66%
Inflation for August, 2021 9.7%
End Period Inflation Tar…
Weekly Highlights
• Yields on the 182-Day Treasury bill ease by 3 basis points.
• The GSE Composite Index extended its bullish run. Financial Stock index moderated.
• The Ghana cedi down against the US dollar and the British pound b…
After extensive research and continuous development, Centurion Law Group (CenturionLG.com) is proud to launch the Africa Investment Guides series, developed to serve as the African countries’ guide in reflecting and navigating through tou…
EOS Data Analytics (EOSDA), a global provider of AI-powered satellite imagery analytics, has announced a partnership with Complete Farmer, a Ghana-based demand-driven digital agriculture platform that enables users to own and manage their …
ROSSLYN - Nissan’s all new Navara has been shipped into Africa, completing the latest milestone in a journey that began earlier this year with the start of production for the vehicle in the company’s Africa’s LCV manufacturing hub in Rossl…
AirtelTigo Ghana has launched a consumer recharge and point-based promotion dubbed, "To Gu Me So" which literally means “shower it on me”. The promo aims at rewarding AirtelTigo customers with over 1 million Ghana cedis in cash. In additio…
Romeo Richlove Kweku Seshie won the Banking and Finance category at this year’s 40 under 40 awards. Last year he won, and he won this year too. This will be the second time he picked up banking and finance at the 40 under 40 back to back…
The General Manager, Risk Management of Republic Bank (Ghana) PLC, Mr. Bernard Gyebi has reiterated the Bank’s commitment to the cocoa business and other commercial agricultural products in Ghana.
He underscored the commitment when he s…
The Ghana Private Road Transport Union (GPRTU) says the two-month removal of the Price Stabilization, and Recovery levy on petroleum products is very insignificant.
It has thus advised the general public to be measured in their expectat…
Twenty Ghanaian wood processing companies Monday started a training workshop under the ‘Ghana-Germany SME Training and Exchange Programme’ to build their capacities to be competitive on the local and international markets.
The programme…
The Federation of African Engineering Organization (FAEO) has pledged its support towards the implementation of the African Continental Free Trade Area (AfCFTA) agreement to help boost free trade across the continent.
They said the core…
Aviation analyst, Sean Mendis, has described the recent decision by the UK government to recognize vaccine certificates issued in Ghana for people fully vaccinated with AstraZeneca, Pfizer, Moderna and Johnson and Johnson, as a positive de…
People will have to get used to higher food prices, the boss of Kraft Heinz has told the BBC.
Miguel Patricio said the international food giant, which makes tomato sauce and baked beans, was putting up prices in several countries.
Un…
Krif Ghana Limited has introduced the new range of Hewlett-Packard (HP) Document Shredders and Laminators, into the Ghanaian market after securing the exclusive distribution rights for the country and across the entire Africa.
The Rever…
The Access Bank Ghana Plc, has been rated five-star by customers and adjudged one of the overall best Banks in customer satisfaction for traditional banking.
This was revealed in the Customer Satisfaction Index Report, presented by th…
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