Multichoice Ghana has launched a new promotion to provide exciting local contents to its customers this festive season.
Dubbed ‘GOtv SUPA,’ the channel gives customers of GOtv access to the GOtvAkwaaba, a 24-hour local content channel.
…
African Export-Import Bank (Afreximbank) says it is poised at disbursing $40 billion to support intra-African trade over the next five years, building on the $20 billion disbursed in the past five years.
Professor Benedict O. Oramah, Pr…
Data is becoming the newgold and the Ghana Statistical Service (GSS) will continue to turn out credible data to accelerate national development, Government Statistician, Professor Samuel K. Annim, has said.
To the end, he said, the GSS …
1. VISIBLE GREEN SHOOTS – RISING COMMODITY PRICES
The pandemic closed borders and stopped trade, other than for essentials, across the continent and was the principal reason for a decline in investment in 2020. A lack of available capit…
The African Development Bank’s (AfDB.org) Coding for Employment (https://bit.ly/3kMNqEF) program will train over 500 digital ambassadors to lead a peer-to-peer training model set to expand digital skills to more African youth, especially i…
develoPPP Ventures is calling the second cohort of young innovative companies, improving living conditions in a developing or emerging country and who are planning to scale up, to apply for a grant of up to €100,000. Interested startups ca…
IFC today welcomed Absa Bank Ltd. to its Global Trade Liquidity Program (GTLP) to boost access to trade finance in sub-Saharan Africa, especially in low income and fragile countries, supporting a vital driver of growth that has been strain…
Each entrepreneur receives non-refundable US$5,000; 68% of beneficiaries are women entrepreneurs
The Tony Elumelu Foundation (TEF), the leading philanthropy empowering African entrepreneurs from all 54 African countries, has selected 4,…
Boeing today announced a partnership with Kenya Airways to support its recently launched, Fahari Innovation Hub. The announcement ceremony took place at the Dubai Airshow 2021, with Kuljit Ghata-Aura, president of Boeing Middle East, Turke…
Peoples' Friendship: what Moscow products are in demand in Africa
Moscow's non-resource non-energy exports (NRE) to African countries increased by 51.7% compared to the same period last year and reached 1.34 billion USD. The continent …
The government is launching another initiative to help young people start and grow small businesses.
The initiative, dubbed, ‘YouStart’ is looking to create 1 million jobs with a seed capital of GHS1 billion and would take effect from M…
The government has pegged the 2022 deficit at 7.4 per cent of gross domestic product (GDP) in a surprise move meant to signal strong commitment to fiscal consolidation.
The plan to narrow the gap between revenues and expenditures from t…
The government has proposed to impose a 1.75 per cent levy on mobile money and other electronic transactions that exceed GH¢100 per a day.
The proposal is part of efforts by the government to raise revenues to prosecute its agenda.
T…
Next year’s budget and economic policy direction of the government will be anchored on three key areas — digitalisation, skills training and entrepreneurship.
The three areas, which are integral parts of the Ghana COVID-19 Alleviation a…
AirtelTigo’s sika Kokoo data Bundle has won the “Bespoke Data Product of the Year” at the recent 11th Ghana Information Technology and Telecom Awards (GITTA) in Accra.
"This award is an accurate reflection of the hard work our team puts…
Forty eight Small and Medium Enterprises (SMEs) from Ghana are exhibiting at the Intra-African Trade Fair (IATF) 2021 which opened Monday (November 15, 2021) in Durban, South Africa.
The one-week fair which is being organised by the Afr…
Ghana's number one antique furniture showroom, Jamila Home has rolled out an exciting Christmas promotion ahead of the festive season.
A release from the communication department of the luxurious antique furniture home said Jamila is of…
Any new technical and vocational institution or centre coming into force after the Education Regulatory Bodies ACT, 2020 (ACT 1023) must register with the Technical and Vocational Education and Training (CTVET) before operating.
All exi…
Finance Minister Ken Ofori-Atta is expected to present the 2022 Budget Statement to Parliament, Wednesday, on behalf of the President.
The Budget, according to the Ministry, will focus on expanding the economy's recovery from the COVID-…
Siphiwe Sithole grows indigenous crops like amadumbe - coco yams - and bitter greens, on her small farm just outside Johannesburg.
It can be very tough farming a smallholding in South Africa. She has to deal with crime, including robber…
US President Joe Biden has signed into law a $1.2tn (£894bn) spending bill, marking a legislative achievement for his administration.
"Today, we are finally getting this done," the Democrat told lawmakers from both major parties in a bi…
The 5thVoltaTrade Fair which takes off officially on Wednesday in Ho will definitely help to change the narrative for Small and Medium Scale Enterprises (SMEs) and spur them to greater heights, MrDelaGadzanku, Chairman of the Association o…
Grohe, a leading global brand for complete bathroom solutions and kitchen fittings has financed the setup of modern plumbing at the Accra Technical Training Centre (ATTC).
The state-of-the-art facility which is to aids teaching and lear…
FBN Bank has launched its 25th-anniversary advertising campaign which highlights the bank’s brand and promises to serve customers better.
Through the campaign, FBNBank intends to deepen its engagement with potential customers and client…
The Municipal Chief Executive (MCE) for Jomoro, Mrs. Louisa Iris Arde, has noted that the Petroleum Hub Project (PHP) was crucial to Ghana’s industrialisation drive that can create jobs for the youth in the Nzema enclave, in particular, an…
The Agricultural Development Bank Limited (ADB) has been adjudged the best Cocoa Financing Institution of the year at the Ghana Cocoa Awards (GCA).
The award was in recognition of the bank’s contribution towards providing Licensed Buyin…
The export of charcoal faces a ban if it is found to be a major contributor to increased deforestation in the country, Minister of Lands and Natural Resources, Samuel Abdulai Jinapor, has announced.
According to him, the government was …
The Minister of Food and Agriculture, Dr. Owusu Afriyie Akoto, has disagreed with claims that there is an increment in food prices in the country.
The Minister said statistics compiled by his outfit do not show a spike in the prices of …
WEEKLY MARKET REVIEW FOR WEEK ENDING
NOVEMBER 12, 2021?
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 12.63%…
Countries are losing a total of $483 billion in tax a year to global tax abuse committed by multinational corporations and wealthy individuals – enough to fully vaccinate the global population against Covid-19 more than three times over. T…
Africa Oil Week (Africa-OilWeek.com) , Africa’s biggest and most prestigious upstream conference ended on Thursday with high-value deals, and strong intent for future investments in the continent. The event, which was held from 8th to 11t…
Standard Chartered (SC.com) has appointed Bongiwe Gangeni as Head, Consumer, Private & Business Banking (CPBB), Africa & Middle East, and Europe (AME/E), subject to regulatory approval. Bongiwe will be based in Dubai when she joins the Ban…
Nissan today announced their participation at the Intra-African Trade Fair 2021 (IATF). This year’s event focuses on the African Continental Free Trade Area (AfCFTA), which Nissan believes provides a platform to continue the growth traject…
Allianz Global Corporate & Specialty SE (AGCS) is strengthening its leadership team to support the company’s ‘pivot to growth’, following its successful remediation program. It is attracting both internal talent as well as high-profile ext…
Barrows (BarrowsHotels.com), the provider of hotel investments and advisory services for hotels in the Middle East, sees huge demand in the market for problem hotels.
We are really taking the cherries out of the cake and earning hard mo…
Boeing [NYSE: BA] and the United Republic of Tanzania today announced an order for a 787-8 Dreamliner, a 767-300 Freighter and two 737 MAX jets at the 2021 Dubai Airshow. The airplanes will be operated by Air Tanzania, the national flag-ca…
A Deputy Minister of Finance, Dr John Kumah, has said that the government’s economic management remains unmatched despite the impact of the COVID-19 pandemic.
He said even in the wake of the pandemic, the government was able to manage t…
Mr Habibu Adams, Senior Economist at the office of the Senior Presidential Advisor, Mr Yaw Osafo Maafo on Monday said that the review of the benchmark value on some 32 items by the Ghana Revenue Authority (GRA) was to help save the country…
Dr Ahmed Alhassan Yakubu, a former Deputy Minister of Food and Agriculture has asked Government to, as a matter of urgency, operationalise the legal framework for biotechnology products in the country to boost commercial production.
Thi…
Credit unions have celebrated the International Credit Union Day to pay tribute to the role that financial cooperatives play in improving the communities they serve and the lives of their members the world over.
In Ghana, this year’s ce…
Royal Dutch Shell has announced a plan to move its headquarters to the UK as part of proposals to simplify the company's structure.
The oil giant will ask shareholders to vote on shifting its tax residence from the Netherlands to the UK…
The South Birim Rural Bank recovered from a loss of GH¢2,276,561 in 2019 to post a net profit of GH¢189,104 in 2020.
During the same period, the bank — with its headquarters at Akyem Achiase in the Eastern Region — granted loans and adv…
The Economic Community of West African States (ECOWAS) is reviewing its Community Levy to ensure adequate collection of resources to finance activities of the Sub regional body Mrs Hajiya Halima Ahmed, ECOWAS Commissioner for Finance, said…
The Importers and Exporters Association of Ghana is threatening to have its members increase the price of the goods they bring into the country if the government goes through with the reversal of the 50% benchmark policy on some 32 product…
Effective Monday, November 15, revised selected items cease to enjoy 30% and 50% discount on benchmark or invoices for vehicle and general goods.
The items include, sugar, noodles, palm oil, roofing sheets, toilet paper, facial tissue a…
Enterprise Group PLC is on course to achieve its five year (2012-2024) strategy, Group CEO, Mr Keli Gadzekpo has said.
He said key aspects of the five year strategy included an expansion into the West African market and the identificati…
A six-week refresher training programme for over 600 Goil Company Limited Bulk Road Vehicle Operators (BRVs) has ended in Accra.
The training programme which was facilitated by Top-Tech Ghana Limited, a Transport and Logistics Managemen…
The National Lottery Authority (NLA) has formed a task force to clamp down on illegal private lotto operators, popularly known as ‘banker to banker.”
The task force, comprising the military, police, and the NLA lotto personnel, have bee…
The US-Ghana Alumni Association in its bid to rebuild, redesign and renew, has organised a virtual Trade Show on the theme “Promoting synergy to project brands in Ghana”.
The aim is to create a platform for its members to showcase their…
CEO of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo has announced that the ongoing rehabilitation of all areas which have been affected by the cocoa swollen shoot virus disease will increase cocoa production to 1.5 million tonnes i…
info@businessghana.com
