A seven-member governing board of the Precious Minerals Marketing Company Limited (PMMC) has been inaugurated with a charge to halt gold smuggling and leverage on collecting withholding taxes for the Government.
Mr George Mireku Duker,…
Government will continue to strengthen and deepen engagement with the private sector to enable Ghana to attain the goal of a self-reliant country, President Nana Addo Dankwa Akufo-Addo has said.
He said the government recognised that it…
Nana Banyin Acquah, the Tarkwa Municipal Director of Agriculture, has appealed to the Government to maintain the subsidies on agriculture inputs to increase farmers' interest in the Planting for Food and Jobs, particularly among the youth.…
Somalia’s economy is rebounding from the “triple shock” that ravaged the country in 2020: the COVID-19 pandemic, extreme flooding, and the locust infestation. Real GDP growth is projected at 2.4 percent in 2021. This growth momentum is exp…
In the highly competitive oil and gas industry, gaining an accurate real-time view over the total performance of every aspect of the business can unlock significant competitive advantages and give organisations a welcome competitive edge o…
The leap from University to the working environment can be somewhat intimidating. The purpose of Academia is not to prepare you with all the skills needed to effectively and efficiently contribute at the workplace. It is, in my view, to as…
Absa Group, one of the largest financial service providers in Africa, will strengthen efforts to grow its digital partnerships ecosystem across Africa with the appointment of HYBR and SystemicLogic, which will help Absa identify potential …
The Ghana’s Ambassador to the United States, Hajia Alima Mahama, has announced plans by the government to provide attractive incentives under the Diaspora Engagement Policy for diaspora returnees to invest in the country.
She said incen…
The novel MSME and Entrepreneurship Policy is to anchor a new age of entrepreneurship within the micro small and medium enterprise MSME sector.
The policy will also help stimulate the growth of MSMEs to produce world-class products and …
M-Pesa, Vodafone’s mobile financial services, has reached 50 million monthly active customers, cementing its position as Africa’s largest fintech platform.
The mobile money service, which was launched more than 14 years ago in Kenya, M-…
President Nana Addo Dankwa Akufo-Addo Tuesday launched Ghana's Integrated Aluminum Industry projects that would drive the full commercial but environmentally friendly exploitation of the country’s bauxite reserves.
This will serve as th…
Fidelity Bank Ghana has been adjudged the Bancassurance Leader of the Year at the recently held Ghana Insurance Awards in Accra for its outstanding leadership in delivering exceptional bancassurance products and services to its customers a…
To tackle unemployment in Ghana, the Alliance for Social Equity and Public Accountability (ASEPA), is, among other things, asking the government to compel all personnel in civil service above the mandatory retirement age to proceed on comp…
Madam Justina Owusu-Banehene, the Bono Regional Minister has assured the government's commitment to put in place pragmatic measures to improve the creative arts industry for job creation and poverty reduction.
The creative industry,…
The Trades Union Congress (TUC) has urged Ghanaians, especially workers in the informal sector to get vaccinated against COVID-19 to expedite the country's economic recovery.
This is because achieving herd immunity is critical to ensuri…
Contractors working on the Kumasi Central Market Redevelopment Project, have begun the demolition of the remaining structures in the old market to pave the way for the project to be completed on schedule.
This follows the removal of the…
The Leadership of the Ghana International Trade and Finance Conference (GITFIC) has called on Mr Batchassi Katchali, the Togolese Chief Trade Negotiator in the Ministry of Commerce (Trade) in Lome, the Togolese capital.
The visit which …
The African Continental Free Trade Area (AfCFTA) Secretariat has signed a Memorandum of Understanding (MoU)with the United Kingdom (UK) Government to formalise shared commitment to the success of the agreement.
A statement issued by t…
THOUGHT OF THE WEEK
INVESTING IN BONDS (PART 2)
Based on the issuer, there are four main categories of bonds issued to investors.
•Corporate bonds: These are bonds issued by corporate institutions to raise capital for their operations.…
Navigating the Digital Age
Digital - along with its many variants and associations - has become a pervasive buzzword of our times. More than just some contemporary hype, it is fast becoming the de facto medium for both social interaction…
When it comes to ensuring proper food hygiene, the markets from where foodstuffs and items are bought for the preparation of meals must not be ignored. In fact, it must be the first place to be considered.
Unfortunately, however, most o…
Fire has gutted the Akim Oda Central Market in the Birim Central Municipality of the Eastern Region. It is unclear what caused the fire, but Citi News sources say it started at 8 pm on Monday [September 13, 2021].
Property worth thousan…
The Managing Director of Accra Brewery PLC, Mr Galo Rivera has charged staff of the company to become ambassadors of alcohol health literacy as part of a campaign to promote smart drinking in the country.
At a ceremony to launch the Glo…
The Director-General of the Ghana Ports and Harbours Authority (GPHA), Mr Michael Luguje has been retained following the reconstitution of the authority's board of directors.
The new board is chaired by Mr Isaac Osei, a former Chief Exe…
The Micheletti Company Limited of the Trassaco Group Limited has been adjudged the Green Building Company of the Year at the maiden edition of the 2021 Ghana Construction Industry Excellence Awards (GCIEA).
The company was honoured for …
Mr Ken Ofori-Atta, the Finance Minister, has lauded the Economic Community of West African States (ECOWAS) Commission for producing the Draft ECOWAS Vision 2050, a successor to Vision 2020.
He said ECOWAS Vision 2050 was a very importan…
Freight charges for ferrying Ghana’s cocoa to the international market for the next season have been increased by five per cent.
The adjustment, which takes effect from October 1, this year, was agreed on between the Cocoa Marketing Com…
Telecom giant, MTN Ghana has launched its annual Ashantifest celebration with a pledge to invest an amount of 207 million dollars to enhance its operations across the country.
The company said it remained committed to enhancing customer…
The Registrar-General's Department has engaged stakeholders in the business sector on the draft regulations of the new Companies Act 2019, (Act 992) to ensure smooth implementation.
The engagement was to solicit valuable comments, sugge…
President Nana Addo Dankwa Akufo-Addo will host and deliver the keynote address at this year's Presidential Business Summit at the Kempinski Hotel Gold Coast City in Accra.
The Summit, starting from September 14-15, 2021, is an annual c…
INVESTMENT TERM OF THE WEEK
Preference shares: Preference shares, more commonly referred to as preferred stock, are shares of a company’s stock with dividends that are paid out to shareholders before common stock dividends are issued. I…
Sporty.com, a leading online sports media and entertainment brand, has partnered with NTA to simulcast its free-to-air broadcast of premium sports content. The pioneering arrangement brokered by Integral (Integralsande.com), rights holder …
Dubai has emerged as a key export gateway for stationery goods which are in spiralling demand throughout Africa, according to a new report by market information advisory 6Wresearch.
Its Africa Stationery Market report forecasts the cont…
MTN in partnership with ayoba has launched a dynamic media campaign entitled: ‘Life inside ayoba’ that will bring the African super app to life. The campaign brings together all the features of the ‘super app’ including chat, voice and vid…
MTN Ghana has launched a home internet service dubbed MTN HOME to offer affordable internet services to Customers in their homes.
MTN Home is an unparalleled broadband service that provides high-speed internet access, facilitating live…
Mr Bonaventure Adjavor, Director Economic Trade and Investment Bureau, Ministry of Foreign Affairs and Regional Integration says Ghana need to expedite action on the implementation of an internal indirect tax reform measures.
He said th…
Mobilspazio, an Italian-based Manufacturing company, has expressed its readiness to partner the Takoradi Technical University (TTU) to market and franchise products in their Carpentry and Wood Department to create employment opportunities…
Mr Razak Kojo Opoku, a member of the News Patriotic Party has stated that every modern economy and society is developed through the concept of digitalization/Digitization.
"Digitalization is transforming the ways in which industries, bu…
The Access Bank in partnership with Mayfair Estate Limited, a real estate construction firm, has offered Officers of the Ghana Armed Forces, the opportunity to own affordable luxurious homes on a mortgage financing scheme.
This offer so…
Women represent half of the world’s population and half its economic potential. In spite of the growing awareness of the importance of gender equality, the majority of women’s economic potential remains untapped.
In an emerging economy …
The governing Council of Ghana Gold Expo, organizers of the Ghana Gold Mining Week 2021 have indicated that the Ghana Gold Report 2021 will be released by 15th of September 2021 and distributed to all Ghana Missions Abroad.
The governin…
Government is putting in place measures to improve the Planting for Food and Jobs initiative.
According to the Ministry of Food and Agriculture, plant variety has contributed largely to the success of the flagship program.
However, t…
World Vision Ghana, a Christian humanitarian and development organization has provided 220 small ruminants to 110 farmers in the Bawku West District of the Upper East Region to rear as economic empowerment venture for improved livelihoods.…
Dr Eric Osei-Assibey, Associate Professor of Economics at the University of Ghana, has charged African leaders to as a matter of urgency find lasting solution to the continent's unending geopolitical woes.
This, he explained, was crucia…
Private equity investor, Quick Angels Limited, has been honoured for supporting entrepreneurs with funds and technical direction to scale up their operations
The indigenous company was adjudged the emerging brand of the year at this yea…
Africa Skills Hub has launched the first-ever Social Enterprise (SE) Marketplace in Tamale, Northern Region of Ghana on Tuesday, 31 August 2021.
The initiative is aimed at providing a well-rounded business centre fully equipped to provi…
The Institute of Economic Affairs (IEA), has urged the Bank of Ghana (BoG) to impose a ceiling of five percentage points on the spread of banks to lower lending rates in the country.
It also asked the Central Bank to introduce a rule fo…
The ninth conference on Universities, Entrepreneurship and Enterprise Development in Africa has opened at the University of Cape Coast (UCC) with an entrepreneurship fair and exhibition.
The two-day conference, organized within the BET …
Food and non-alcoholic beverages were the dominant drivers for the higher rate of inflation for August 2021, a report on the Consumer Price Inflation (CPI) and Inflation for August 2021, has revealed.
The CPI - a price perspective meas…
Egg prices have been adjusted upwards in the Northern Region to reflect the current high cost of inputs for poultry production in the country.
A crate of large eggs will now sell at GHc24.00, a crate of medium-sized eggs goes for G…