Afreximbank is to set aside an amount of $250 million as seed funding to support deals and initiatives of the African Sub-Sovereign Governments Network.
Launched yesterday on the sidelines of the ongoing Intra-African Trade Fair being h…
The Minister of Lands and Natural Resources, Mr Samuel AbdulaiJinapor, has announced that exploration, prospecting and documentations would commence soon in the Bono East Region (BE/R), to fully harness the mineral deposits in the area.
…
Forty rice farmers and agricultural extension agents in the Gomoa East District in the Central Region have benefitted from a two-day capacity-building training aimed at increasing Ghana’s local rice production.
The practical-oriented tr…
GIZ-Ghana, on behalf of the German Federal Ministry for Economic Cooperation and Development, has awarded a grant of 250,000 euros to the National Insurance Commission (NIC).
The grant, which was signed on Wednesday, November 17 at the …
The Securities Exchange Commission (SEC) has initiated a process to disqualify directors of the fifty-three defunct Fund Management Companies (FMCs) from operating in the capital market.
SEC in 2019 revoked the licenses of 53 FMCs for r…
Gold Fields Ghana Limited has presented dividends totalling GHc159 million to government for the 2020 and 2021 financial years.
The first cheque for GH146 million, is an the interim dividend for the 2021 financial year in relation to th…
The President of the ECOWAS Bank, Dr George Agyekum Donkor, has underscored the importance of focusing on agribusiness, ICT and tourism as driving forces for job creation.
Delivering a keynote address as the guest of honour at the offic…
Minister of State at the Finance Ministry, Charles Adu Boahen, is confident the introduction of the Electronic Transaction Levy by the government will not discourage Ghanaians from going cashless.
The announcement of the new levy was ma…
The reversal of the benchmark value reduction policy was because the government was not seeing “desired results,” Charles Adu Boahen, a Minister of State at the Finance Ministry, has said.
The government had hoped the benchmark value re…
The Vice-President, Dr Mahamudu Bawumia, has urged banks to explore synergies and partnerships to advance digital technological innovations.
That, he explained, would redefine the banking sector to ultimately spur economic growth.
Sp…
Chief Executive of defunct Capital Bank, William Ato Essien has admitted before a court in Accra that the bank was indeed insolvent at the time it was added to GCB Bank.
Mr. Essien is being tried for his role in the collapse of the bank…
Torrid Global Co. Ltd, a newly launched Oil Marketing Company has officially opened its first filling station in Lapaz to serve affordable and quality fuel to motorists plying the George Walker Bush Highway in Accra.
The modern service …
The Chief Executive Officer of the Ghana Chamber of Telecommunications, Ken Ashigbey, has said that the introduction of the 1.75% levy on electronic financial transactions is ill-timed.
He said the chamber was not consulted by the gover…
An African digital alliance, Smart Africa, is collaborating with a Ghanaian technological firm, Afriwave Telecom Ghana Limited, to advance the digital transformation of the continent.
The collaboration is building on the One Africa Netw…
Entrepreneurs from Egypt, Kenya and Nigeria make the Top Three; top 10 Finalists pitched live in a virtual grand finale connecting 14 locations across the world.
The 2021 Africa’s Business Heroes (ABH) (www.AfricaBusinessHeroes.org/en/)…
Managing Director of Absa Bank Ghana, Abena Osei-Poku has given a strong indication that the bank will be relentless in its support for local businesses across key sectors of the economy. She says the move reflects the bank’s Africanacity …
London, UK: Latest research from the World Travel & Tourism Council (WTTC) reveals the African Travel & Tourism sector is set to experience a year or year growth of just 27.7% this year, below the global average.
WTTC says travel restri…
Majority of Medium, Small and Micro Enterprise (MSME) owners in Ghana are unwilling to pay for more taxes even if it means benefiting from more improved government services.
This is according to the report of a survey conducted by the G…
The Minister of State at the Finance Ministry, Charles Adu-Boahen, seems to have contradicted the Minister of Finance, Ken Ofori-Atta on whether bank transfers would be under the 1.75 percent Electronic Transaction Levy or not.
Speaking…
The government expects to mobilise about GH¢6.5 billion from the newly introduced E-Levy next year, the Minister of State at the Ministry of Finance, Mr Charles Adu Boahen, has told Graphic Online.
The levy imposes a 1.75 per cent tax o…
Vice President Mahamudu Bawumia has implored the Chartered Institute of Bankers, Ghana and stakeholders in the banking industry to build synergies and leverage on digital banking for trading under the Africa Continental Free Trade Area (Af…
JP Morgan Chase is suing Tesla for $162m (£121m) over tweets in 2018 by boss Elon Musk that he could take the electric car maker private.
The bank accused Tesla of "flagrantly" breaching a deal it claims should have triggered payments …
Apple has announced a "self-service repair" programme so "customers who are comfortable" can fix their own devices.
At launch, in early 2022 in the US, it will cover replacing the batteries, screens and cameras of recent iPhones.
B…
The Ghana Tourism Authority (GTA) has organised a capacity building training for service providers in the accommodation, food and beverage sectors to improve on their service delivery.
The participants included representatives from Alis…
The Fintech Industry in the country holds prospects to job creation and national development, Managing Director of Arkel Consult and Management Services Limited, Martin Kwame Awagnah, had said.
According to him, mobile money and financi…
Standard Chartered Bank Plc has reiterated its commitment to maintaining a market and thought leadership role to support the aspirations of government, regulators, peer banks, clients and other stakeholders to position Ghana as the digital…
One year after fire destroyed the Odawna market at Kwame Nkrumah Circle, Accra, the government is yet to reconstruct the market.
Samuel Eshun, Chairman of the Odawna Market, who disclosed this, however, said that adequate measures wou…
Effective January 2022, the fees and charges for all government services will increase by at least 15%.
This is according to the 2022 budget statement presented by the Finance Minister, Ken Ofori-Atta on Wednesday, November 17, 2021.
…
The 12th African Private Sector Forum has acknowledged that COVID-19 has dramatically changed the macroeconomic settings in which the private sector operates in Africa and the world at large.
“It has highly affected the levels of public…
Fiscal Policy Specialist at Oxfam, Dr. Alex Ampaabeng, is unhappy with the government following the introduction of the Electronic Transaction Levy.
He says the rollout of the tax and its planned mode of implementation is “regressive an…
Over 500 local and foreign businesses have pitched camp at the Ho Sports Stadium for the 5th Volta Trade Fair which starts today.
The two-week fair will provide a platform for large, medium and small-scale foreign and indigenous busines…
Pig farmers in the Ejisu Municipality have been urged to follow appropriate procedures in the disposal of the remains of pigs, which have died of the African swine fever.
Dr Marlon Mensah, Ashanti Regional Veterinary Officer who made th…
As the continent’s premier energy event, as well as the biggest event to take place in Africa in 2021, African Energy Week (AEW) 2021 did not only comprise the best platform for a discussion on Africa’s energy future, but the ideal place f…
That history repeats itself need not be a bad thing in Africa, South African President Cyril Ramaphosa stressed during the opening ceremony of the second Intra-African Trade Fair in Durban, South Africa.
Speaking on Monday, the presiden…
Survey of 78 banks confirms resilience of African finance to COVID challenges; Future business investment threatened by reduced demand and asset quality; African banks harnessing digital technology and scaling up green finance; 80% African…
IFC and Rehoboth Properties today announced the first affordable housing project in Ghana to achieve IFC's Excellence in Design for Greater Efficiencies (EDGE) green building certification, helping Accra reduce greenhouse gas emissions whi…
Today, Brussels Airlines presents a new brand identity, confirming its position in the market as Belgium’s home carrier and the Africa expert of the Lufthansa Group. Updated colours, a new logo and aircraft livery are the visual token of t…
First National Bank has been named as the Best SME Bank in Africa at Global Finance’s inaugural SME Bank Awards. The criteria for Best SME Bank is based on knowledge of SME markets and needs, breadth of products and services, market standi…
Information Minister, Kojo Oppong Nkrumah says the 2022 Budget will witness the chunk of the financial resources being devoted to the productive sectors of the economy to consolidate the gains made.
He said the Government would apply ol…
The Ministry of Roads and Highways has directed the cessation of the collection of road and bridge tolls at all locations nationwide, effective from 12am on Thursday, November 18, 2021.
The directive follows indications in the 2022 Budg…
The Ghana Exim Bank, RMG Ghana and Nanam Ventures, Wednesday donated to the Ministry of Food and Agriculture towards this year’s Farmers’ Day celebration, to appreciate and motivate hard working farmers.
The 37th edition of the celebrat…
Workers of the B-BOVID Ltd, an oil palm agribusiness company in the Ahanta West Municipality, have appealed to the government to intervene in the boardroom wrangling over positions in the company between directors leading to the closure of…
The Minority in Parliament says the 2022 Budget and Economic Statement is not responsive to the most pressing concerns that have wobbled the Ghanaian economy into serious crisis, causing Ghanaians to bear the brunt of economic mismanagemen…
Finance Minister, Ken Ofori-Atta, has presented the government’s 2022 Budget Statement and Economic Policy to Parliament.
The delivery of the budget on Wednesday, November 17, 2021, was in accordance with Article 179 of the 1992 constit…
The Vice Dean of the School of Graduate Studies at the University of Professional Studies, Accra, Dr Samuel Antwi is calling for a review of the Petroleum Revenue Management Act (PRMA) to further regulate the government’s expenditure of fu…
The Ghana Stock Exchange (GSE) Council has appointed Abena Osei-Poku as the Chairperson of the Council effective October 14, 2021.
She is the second female in twenty-six years to become the Chairperson of the Exchange after Mrs. Gloria …
Plans are far advanced for the Bono East Region to become the rice capital of Ghana to reduce the national rice importation by 10 per cent, the Bono East Regional Minister, Mr Akwasi Adu Gyan, has disclosed.
The plans, he said, would in…
The Ministry of Fisheries and Aquaculture Development has commenced a review of the National Fisheries and Aquaculture Policy to provide a strategic direction for the development of fisheries and aquaculture in Ghana.
In line with the r…
Young people have been advised to surf the internet to obtain information to create value for themselves and society.
They have been admonished to have a plan before going online to determine what will make them sign out, know where the h…
The Volta Regional Police Command has outlined security arrangements for the Volta Trade and Investment Fair, which spans from 15th to 28th November 2021.
Briefing officers detailed for the exercise, the Volta Regional Deputy Police Com…
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