The GIZ and the Ministry of Employment and Labour Relations is implementing the
“Graduate Work and Salary Top-Up Programme” as part of measures to reducing the growing unemployment in the country.
The initiative of GIZ and TDI Global…
The Deputy Minister of Finance, Mrs Abena Osei-Asare, has urged the reconstituted board of directors of the Ghana Supply Company Limited to work hard to turn around the financial fortunes of the company.
She said even though the previ…
One of the fastest growing fintechs in Africa, Chipper Cash, has been granted an Enhanced Payment Service Provider License by the Bank of Ghana to begin commercial operations in Ghana.
Chipper Cash was granted the license after it met t…
The Court of Appeal has struck out the Bank of Ghana’s appeal in the GN Savings & Loans case.
This happened on Tuesday, January 18th, 2022.
The ruling of the Court of Appeal clears the way for the High Court to deliver its final judg…
The Ghana Education Service (GES), has expressed its willingness to continually engage with teacher unions on the change of the trimester-based academic calendar to a semester system for basic schools.
“Indeed, the Minister…
The Manager of the National Pensions Regulatory Authority (NPRA) for the Bono, Bono East and Ahafo Region, William Ohene-Adjei, has indicated that his outfit is ready to prosecute institutions that refuse to pay the tier two contribution o…
The Minister of Finance, Ken Ofori-Atta, will return to Parliament before the end of this month with the Electronic Transaction Levy (E-Levy) to seek the legislature’s approval of the tax, Minister of State at the Finance Ministry, Charl…
More than 50% of African startups are likely to fail[2]. This is because they face challenges such as a lack of access to funding, mentoring and markets.
But Accelerator programmes could change the odds for startups on the continent, an…
There is an ever-increasing number of ways for consumers to pay for goods and services. With 2021 coming to a close, Clinton Leask, Business Development Lead at Pay@, one of Southern Africa’s leading payment solutions providers, reflects o…
Transport operators say they will be forced to increase transport fares following the government’s reluctance to engage them on demands for a reduction in fuel prices.
The Ghana Private Road Transport Union (GPRTU), the country’s larges…
The government is capitalising the Venture Capital Trust Fund (VCTF) with $40 million to enable it to fund more viable start-ups in the country.
The funding was secured from the World Bank Group (WBG) to help revive the trust fund and s…
Ghanaian startups who have completed their applications to join the Cohort II of the Telecel Group’s flagship acceleration and investment programme, the Africa Startup Initiative Program (ASIP) will on January 20, 2022, pitch their innovat…
Nestle? Ghana has announced the temporary removal of all IDEAL® Evaporated Milk and CARNATION® Tea Creamer off the shelves.
The announcement Monday, January 17, 2022, follows the recent recall of some batches of coagulated Ideal Milk an…
International ratings agency, Fitch, has downgraded Ghana’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to B negative from B with a negative outlook.
According to the agency, the move was over concerns that the economy faced …
Economic analysts have blamed the pressures of government’s many political promises for the country’s economic woes and the recent downgrade in Fitch’s ratings.
According to them, the continuous borrowing to fulfill expensive social and…
Vodafone Ghana Foundation, the charity arm of Vodafone Ghana through its sustainable social initiatives, has impacted the lives of 8.5 million Ghanaians in the previous year.
The Head of Vodafone Ghana Foundation, Reverend Amaris Nana A…
Newly sworn-in President of the Association of Ghana Industries (AGI), Dr. Humphrey Ayim-Darke, has charged government to prioritise, among other things, efforts at reducing the cost of electricity and the cost of credit to Ghanaian busine…
The UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC) today announced the launch of Etihad 7 at Abu Dhabi Sustainability Week 2022. Etihad 7, a UAE-led innovation program, is dedicated to securing funding for renewable…
AutoFlight, the Chinese eVTOL pioneer, continues its global expansion and establishes its first location in Europe: A team led by former Airbus manager Mark R. Henning is now ramping up at Augsburg Airport in Germany. The team's first task…
UNWTO reports 4% rise in international tourist arrivals in 2021; however, 2021 was another challenging year: arrivals still 72% down on pre-pandemic levels; recovery needs stronger coordination and increased vaccination rates.
Global to…
The government of the Democratic Republic of Congo (DRC) has cleared its capital arrears in Shelter Afrique after paying the outstanding amount of USD1,703,826.79, the pan-African housing development financier has disclosed.
The move n…
INVESTMENT TERM OF THE WEEK
Portfolio: It is a collection of investments owned by one organization or individual, and managed as a collective whole with specific investment goals in mind.
EQUITY MARKET HIGHLIGHTS: The Ghana Stock Mar…
FINANCIAL GOALS (PART 1)
HOW TO ACHIVE FINANCIAL GOALS
Financial goals can be achieved by making plans that prioritizes your goals. You will also need to make an estimate of how much is needed and how long it will take. You will ther…
38 per cent of respondents take early payments monthly in 2021, up from 19% in 2017, according to a supplier sentiment survey conducted by Taulia, the leader in working capital technology solutions. Taulia’s global supplier sentiment surve…
Business interruption perils are the biggest concern for companies in Ghana in 2022, according to the Allianz Risk Barometer. BI ranks second in Africa and Middle East, South Africa, Madagascar and globally. In a year marked by widespread…
Cyber perils are the biggest concern for companies in Africa and Middle East, South Africa, Nigeria and around the world in 2022, according to the Allianz Risk Barometer which launches on January 18, 2022. The threat of ransomware attacks,…
Ghana’s Ministry of Finance has discounted reports by international news organization, Bloomberg, that the country’s economy faces an imminent financial crisis owing to a shortfall in reserves.
Bloomberg in a recent publication stated t…
As the country continues to grapple with the continuous increase in cement prices, local cement manufacturers say efforts are being made to avert high production cost in a bid to reduce the price of the product.
They, however, say the c…
Tullow Ghana Limited has signed a $23.5-million agreement with the Ghana Navy for the latter to use its newly acquired naval vessels to provide security services at the TEN and the Jubilee oil fields.
The five-year agreement is to ensur…
The government has said the country’s economic fundamentals are strong, and that measures are in place to achieve revenue targets for this year.
In a statement, the Ministry of Finance said the strength of the economy was hinged on grow…
The management of non-bank financial institution, Best Point Savings and Loans, has stressed that micro, small and medium enterprises (MSMEs) form the backbone of the Ghanaian economy and the company will continue to find innovative means …
Vice President, Dr. Mahamudu Bawumia, has asked African countries to introduce innovative ways and strategies to sustain the increased consumer preference for digital payments.
According to him, this will ensure the smooth and effective…
The Securities and Exchanges Commission (SEC) has cautioned the public against doing business with Tizaa Ghana Fund.
It said the company has not been licensed to engage in investing or trading for returns business in the country and a…
OpenLabs Ghana, a leading provider of IT education in the country, has lauded government’s plans to expand the study of Science, Technology, Engineering, and Mathematics, STEM education in the country.
At a day’s photo exhibition ceremo…
The Ghana National Petroleum Corporation has denied any wrongdoing in acquiring the 7% participating interest ceded to it by Kosmos Energy from a $750 million assets acquired from Oxy in 2021.
The Africa Centre for Energ…
The Oil Palm Development Association of Ghana (OPDAG) has called on the government to immediately reconsider its decision to indefinitely suspend the implementation of the review of the 50 per cent benchmark reduction policy.
OPDAG, w…
Equatorial Coca-Cola Bottling Company (ECCBC) has been recently recognised at the Communitas Awards in the category of leadership in community service and corporate responsibility, for its response to the Covid-19 crisis. This is the secon…
An integrated policy framework built around the energy transition could bring a wave of new sustainable energy investment to Africa, growing the region’s economy by 6.4 per cent by 2050, results of an analysis published today by the Intern…
It is common that each religion has its own new year celebrations that mark events or simply cherish the divine orders of days and months. These festivities usually mark the end or beginnings of new cycles of prosperity and being thankful …
Today Visa (NYSE: V) announced a new platform, Visa Acceptance Cloud (VAC), set to revolutionize the way businesses accept payments from their customers. Following the success of the company’s popular “Tap to Phone” solution, VAC will let …
Hisense, provider of high-performance televisions and appliances, has announced the world's first 100-inch L9G TriChroma Laser TV featuring 4K UHD resolution, 107% BT 2020 Colour Gamut, and Dolby Atmos® speaker system, is now available in …
The Design and Technology Institute (DTI), Ghana’s first privately accredited TVET institution, has signed a Memorandum of Understanding (MoU) with the Ghana Standards Authority (GSA) to collaborate in developing standards and practice gui…
Soya bean is a non-staple crop in Ghana and is predominantly used as livestock feed.
Soya production is gradually attaining commercial status as more producers are becoming aware of the availability of market for the product.
With th…
Adansi Travels Limited, a leading travel and tour company in Ghana, has officially opened it’s new office at East Legon, Accra.
The office has the address, 136 La Bawaleshie Road, American House.
…
The Ghana-China Business Chamber of Commerce will provide a credit line of GH¢20 million to young entrepreneurs in Ghana to commemorate the 18th anniversary of doing business in Ghana.
The facility will support the entrepreneurial dre…
A memorandum of understanding (MoU) has been signed between the Jospong Group of Companies (JGC) and Pureco Kft, a Hungarian private sector wastewater technology leader, to build wastewater treatment plants in 13 regions of Ghana.
The f…
The price of a litre of fuel has crossed the GH¢ 7 mark for the first time at some pumps across the country.
Checks by Citi Business News as of 9 pm on Sunday, January 16, 2022, showed that while a litre of petrol and di…
The availability of domestic credit is a key requirement for consistent economic growth in developing countries. The vitality of financial services such as banking, savings, debt and equity financing, investment management, and point-of-sa…
DHL Global Forwarding (DPDHL.com) supports Warriors of Wildlife in rescuing wild cats; five lions and one tiger from Ukraine safely transported and found a new home for in South Africa.
DHL Global Forwarding has continued its commitment…
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