The Vice President, Dr. Mahamudu Bawumia has indicated that the Bank of Ghana has completed the technical work and started the process to launch the Central Bank Digital Currency (CBDC), also known as the e-cedi, in 2022.
Speaking at a …
The Managing Director of the Agricultural Development Bank, Dr. John Kofi Mensah has been honoured as the Public Sector Chief Executive Officer at the fourth Edition of the Ghana Business Awards held in Accra.
Dr. Kofi Mensah was awar…
Government has announced plans of establishing the first-ever e-pharmacy on the African continent in Ghana.
The move to set up the national scale e-pharmacy in the country is part of the government’s grand agenda of digitizing pharmacie…
Ghana’s dependence on commodities is a major vulnerability for the Ghanaian economy and contributor to the current debt issues, Mr Benard Anaba, a Policy Analyst, has said.
He noted that beside obvious structural rigidities in developin…
Mövenpick Ambassador Hotel Accra brought together top dignitaries including members of the diplomatic community, team members, partners and several government delegations, as well as the hospitality industry players at their Mövenpick at 1…
Ghana Export Promotion Authority (GEPA), the National Trade Promotion Organisation in charge of Export Development and Promotion, is leading a team of Ghanaian chocolatiers to participate in this year’s Salon du Chocolat in France.
The …
First Sky Group’s banking offshoot, Frerol Rural Bank, has opened a branch in the Volta Regional Capital, Ho.
Begun in Kpando in 2016, the Ho outlet has become the Bank’s second in the Region, and Professor Richard Bani, Board Chairman,…
The National Petroleum Authority, NPA, is confident that the two-month removal of the Price Stabilisation and Recovery Levies (PRSL) on petrol, diesel, and LPG will provide the desired relief to Ghanaians when it takes effect.
Though th…
Ghana-focused miner Golden Star Resources says China’s Chifeng Jilong Gold Mining has agreed to purchase all of the company’s shares for a total of $470 million in cash.
The Transaction will be consummated through Chifeng’s majority-contr…
As the Bank of Ghana is taking steps to introduce e-Cedi or digital cash, 70 percent of bank executives are convinced that the use of this form of currency will be prominent within three to five years, the PwC Ghana Banking Survey 2021 has…
Bolt Food is to expand its operations to Kumasi serve the food needs of the residence of the Ashanti Region and its environs.
Country Manager for Bolt Food, Ali Zaryab who disclosed this during a luncheon with some journalists, as part …
As part of the activities marking 125th-anniversary celebrations in Ghana, Standard Chartered is organising a Digital Banking, Innovation and Fintech Festival to be held on 3rd and 4th November 2021 at the Kempinski Hotel in Accra under th…
Ghana has been ranked the most attractive West African investment destination by the Rand Merchant Bank, beating Nigeria which is the largest Economy in the subregion.
The report also shows Ghana as the 6th best investment destination i…
Government has been urged to use the 2022 budget statement and economic policy to reduce the gap between revenue and expenditure.
The 2021 budget had a total revenue target of GH¢ 72.45 billion, while expenditure was set at GH¢ 113.75 b…
KRIF Ghana Limited dealers in sells and distribution of money handling machines, office equipment and stationery is to roll-out a campaign to donate 52 Free fire, water and burglar proof 'Diplomat Reinforced Office Cabinet' Safe to 52 corp…
Indigenous entrepreneur and philanthropist Ernest Akwasi Appiah has advised student entrepreneurs to be persistent with their ideas to achieve entrepreneurial success.
The Managing Director of the Agricultural Manufacturing Group (AMG) …
Zenith Bank (Ghana) Limited has been honoured at the 4th edition of the Ghana Business Awards (GBA) held at Kempinski Gold Coast Hotel in Accra.
The bank emerged tops to pick up the award for Excellence in Customer Service, beating othe…
Total Petroleum Ghana PLC has officially launched the 3rd edition of its ‘Startupper of the Year Challenge’ to encourage entrepreneurship and career development among young people.
The project is open to entrepreneurs aged 35 and below…
Vice President, Dr. Mahamudu Bawumia, will tonight deliver a public lecture on the digital economy of the country at the Ashesi University.
The public lecture will also have an interactive session with students of the University on how …
In their quest to ensure customers are delighted, the Electricity Company of Ghana Limited (ECG) has pledged to prioritise customer satisfaction and project implementation.
“As a customer-focused organisation, one of our key success ind…
SIC Insurance Company PLC has revealed that Engineering and Construction Insurance Policies are critical to protect material damage to work against unforeseen and physical loss for damage from any cause other than those excluded under the …
Chiefs and Queen mothers in the Jomoro municipality have appealed to the government to streamline operations of the Ghana Petroleum Hub project in the Jomoro Municipality.
The move, according to them, was to forestall any misunderstand…
Mr. Kofi Lucas, National President of NARNGO and Project Implementation Strategist has explained that Ghana will use wisdom and strategy to feed 10 Million Ghanaians on daily basis.
"The funding to feed 10 million Ghanaians is not comin…
Madam Katja Lasseur, Deputy Head of Mission Embassy of the Kingdom of The Netherlands, says Ghana needs to increase productivity, storage, value addition and competitiveness of the fruit and vegetable sector.
She said the measures would…
Governor of the Bank of Ghana, Dr. Ernest Addison, is urging the government to use the 2022 budget to reset fiscal policy and create a more credible path towards medium-term fiscal sustainability.
According to him, this is crucial to ac…
President Akufo-Addo says the government has put in place significant systems to address the phenomenon of climate change in Ghana.
He said the government, among other things, is looking at a $200 million development green fund as part …
A deputy Energy Minister, Dr. Mohammed Amin Adam, says African countries ought to exercise some patience in adopting cleaner sources of energy.
According to the Energy And Petroleum Economist, the recent energy crisis in Europe should b…
Drivers at the Asafo Neoplan Station in Kumasi have called on the government to take steps to reduce taxes and levies on petroleum products in the country.
This, according to them, would help bring down the prices of fuel and other lu…
With just two months left for microfinance institutions to meet the deadline for their new minimum capital requirement of GH¢2 million, the Bank of Ghana has reiterated calls for them to ensure they build the necessary capacity to do so.
…
The Chief Executive Officer of Ghana Export Promotion Authority (GEPA), Dr. Afua Asabea Asare, says the Authority is ready to own the She trades and ST4 projects to enhance their benefits to Small, Medium and Micro small enterprises.
S…
The shift to a circular economy will not only reduce raw material consumption and waste generation, but will also create new business opportunities and open new markets for Ghanaian entrepreneurs.
Madam Abena Osei Asare, a Deputy Minist…
Mrs Audrey Abakah, Head of Small and Medium Enterprises Banking, Absa Ghana Limited, has advised startups and young entrepreneurs in the country to explore other sources to fund their businesses aside debt financing.
She indicated that …
The Ghana National Chamber of Commerce (GNCCl) says trade associations need financial management, product standardisation, sales coaching, packaging, prospecting, and market research, as well as transportation to optimize operations.
It…
The YEA Job Career and Entrepreneurship Fair train is hitting Tamale, the Northern regional capital, to provide job and entrepreneurial opportunities closer to the inhabitants of the Northern region of the country as part of the government…
The ARB Apex Bank Limited, which serves as a “mini” central bank for Rural & Community Banks (RCBs) says it is working with the relevant authorities to ensure that the National Identification Card is accepted at Rural Banks across the coun…
Mr Michael Luguje, Director General of the Ghana Ports and Harbours Authority (GPHA) has said the Port of Keta, when constructed would be economically viable, due to the commercial dynamics in the maritime trade.
He said trade was not…
The Receiver for the collapsed 347 Microfinance Companies (“MFIs”) and the 23 Savings & Companies, Eric Nana Nipah, is in the process of selling another set of landed properties belonging to some of the defunct firms.
Mr. Nipah had earl…
Newmont Ghana swept six awards at the prestigious 2021 HR Focus Awards, celebrating excellence in human resource management.
The gold mining industry leader was adjudged the Overall Best Organization in HR Practice.
The company w…
Mr Alan Kyeremanteng, Minister of Trade and Industry, has hinted that government will soon establish a bank for traders.
The bank, he said, would have tailor made loans with low interest rates for traders to be competitive as well as ma…
Businesses, particularly those within the Small and Medium-scale Enterprises (SMEs) space, must fully embrace eCommerce to be able to reach out to a wider market both locally and internationally, the Brand and Content Manager at Campus Con…
The Country’s largest non-life insurer, SIC Insurance Plc, has signed a Memorandum of Understanding with the National Union of Ghana Students (NUGS) for an insurance package for tertiary students in the country dubbed ‘SIC Campus Secur…
A former Finance Minister, Mr Seth Terkper, has advised the government to use money accrued from the price stabilisation and recovery levy (PSRL) to build strategic stocks of crude oil and use same to cushion consumers in the event of soar…
The Vice President for Dell Technologies Emerging Africa Region, Mr Habib Mahakian, has said that technology is key in driving economic recovery in Africa post COVID-19.
He said with the push for digital transformation across both the…
Seven Ghanaian women from Women's International Shipping Trading Association (WISTA) Ghana have joined 170 women in the maritime industry to participate in the 41st WISTA International Conference in Hamburg, Germany.
Ghana's delegation …
Micro, small and medium enterprises (MSMEs) are still resolute despite the devastating impact of the coronavirus (COVID-19) pandemic on the country’s economy, the Chief Executive Officer (CEO) of the Ghana Enterprise Agency (GEA), Mrs Kosi…
SMT Ghana has pledged its commitment to support its customers and stakeholders in the construction industry with the right mining and construction equipment, and services to promote the industry.
Speaking at an open house event at Tarkw…
With barely two months to the Christmas season, the Greater Accra Poultry Farmers Association of Ghana says it is still not able to meet the demand of feed needed for birds by its members and other poultry farmers in the country.
In Jul…
The Ghana National Chamber of Commerce and Industry (GNCCI) has called on government to work with key stakeholders to provide targeted technical, financial, and infrastructural support in building competitive Ghanaian enterprises and indus…
Sub-Saharan Africa's economy is set to expand by 3.7 per cent in 2021 and 3.8 percent in 2022, the International Monetary Fund (IMF) has said.
According to the IMF Regional Economic Outlook for Sub-Saharan Africa, this followed the shar…
Ambassador Joao Quiosa, Angola's Ambassador to Ghana, has endorsed the government's One District One Factory Policy initiative (1D1F) as the prime effort towards an industrial revolution within the country and the African continent as a wh…
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