The implementation of the African Continental Free Trade Area (AfCFTA) must be accompanied by policies supported by Regional Economies to ensure the inclusion of women and youth.
AfCFTA in the Futures Report, “Making the AfCFTA Work for…
TBL has announced a final dividend of Twenty-five (25) bututs (D0.25) per share for the 2020 financial year (Exchange rate is D51.80 to $1).
Qualifying Date
All shareholders registered in the books of TBL at the close of business on Th…
Leading Pan-African professional real-estate services provider Broll Property Group, which has announced a new five-year plan and reinvigorated group strategy to position itself in the property sector in South Africa and across the contine…
The significant increase in the reported value of fraud recorded by Banks and Specialized Deposit-Taking Institutions in Ghana in 2020, which stands at GHS1 billion, was a result of a number of factors, including the involvement of staff o…
As average lending rates across Universal Banks continue to drop in the country, albeit marginally, some banks appear to have far lower average lending rates compared to their peers.
In the past year, the country’s monetary policy rate,…
Vietnam has added to concerns over global supplies of coffee as the South East Asian country's biggest city remains in lockdown.
The exporting hub of Ho Chi Minh has been kept under tough travel restrictions after a surge in cases of th…
The Africa Center for Energy Policy (ACEP) has called on the government to re-examine its decision on the Agyapa investment deal.
Although the agreement would not affect the 20 per cent that goes into the Mineral Development Fund (MDF…
Rebel forces from Ethiopia's conflict-hit Tigray region have accused the African Union of bias, days after the bloc appointed the former Nigerian President Olusegun Obasanjo as a mediator.
A spokesman for the Tigray People's Liberation …
The Institute of Directors (IoD) Ghana has inducted 36 new members including; four fellows at a virtual event.
The inductees who had gone through their orientation comprised heads of agencies and institutions including; the new Inspec…
Fidelity Bank has launched a digital self-onboarding solution for its innovative Smart Account, a minimum-effort “Know Your Customer” (KYC) requirement account that was launched in 2014 to extend financial services to the unbanked and unde…
The 'Cape St. Paul Wilt' disease has affected and destroyed more than 3000 hectares of coconut trees in the Jomoro Municipality of the Western Region.
"The disease, which continues to ravage many coconut trees may kill the coconut ind…
Mr John Christian Acquaah, Chairperson of the Land Survey Division of the Ghana Association of Surveyors has lauded the implementation of the new Land Act 2020 (Act 1036) which seeks to address land issues in the country.
He explained…
The Chief Executive Officer of the Private Enterprise Federation, Nana Osei-Bonsu has called for investments into the clay brick industry to promote affordable housing and roads.
Nana Osei-Bonsu advised that since clay exists in almost …
Mr Deng Li, Chinese Assistant Foreign Minister, has announced China's proposals for the China-Africa Partnership Plan on Digital Innovation at the China-Africa Internet Development and Cooperation Forum.
A statement issued by the Chines…
Four hundred and seventy (470) farmers have planted 18,800 improved cashew seedlings in 27 communities in eight districts of five regions of Bono, Bono East, Savanna, Volta and Oti regions.
The Districts include; Wenchi, Tano north, Tai…
Africa must strengthen its democratic institutions if it is to experience sustained economic growth and effective national transformation, Dr Akinwumi Adesina, President of the African Development Bank (AfDB) has said.
He said many inst…
The Accra Metropolitan Assembly (AMA) is developing an insurance policy for all businesses within the jurisdiction to minimise the effect of disaster on them.
The policy is intended to cushion the businesses against floods and fires; th…
As oil prices on the global markets continue to fall, Energy Consultant, Dr Yussif Sulemana says the government must strive to increase its storage capacity.
He argues that this will help cushion the country when prices begin to rise.
…
A delegation of Ghana International Trade and Finance conference (GITFIC) will tour some West African countries to firm up some collaborations on African trade with regional dialogues.
Some of the countries slated to be visited are Nig…
Yara Ghana has been recognised with the Outstanding Agribusiness of the year award at the recent Ghana Business Standards Awards held in Accra.
The awards ceremony, which was on the theme ‘Celebrating organisations committed to remarkab…
The Trades Union Congress (TUC) has called on government to suspend the automatic adjustment of fuel prices and eliminate all “nuisance taxes and levies” built into fuel pricing in the face of worsening living conditions in the country.
…
Ghanaian International fashion designer, Sally Torpey, says attention must be given to production capacity while addressing quality concerns in the country to court international attention.
She argues that the African Continental Free …
Economist and Director at the Institute of Statistical, Social and Economic Research (ISSER), Prof. Peter Quartey, has urged the new board of the Bank of Ghana to among other things strengthen the Central Bank’s enforcement and regulatory …
The Vice-President, Dr Mahamudu Bawumia, has described as scary the state of the banking system in the country prior to the financial sector clean up by the government.
He said the sector was days away from collapse, hence the bold and …
The price of bread in the Northern Region is expected to go up by 50 percent following a meeting of the Bread Bakers Association in Tamale.
The decision follows a two-day strike that led to the shortage of bread in the Northern Region e…
The Ghana Mine worker's Union (GMWU), has renewed its call for the current 20% share of the annual mineral royalties allocated to the Mineral Development Fund (MDF) be increased to at least 50per cent.
The union said "we expect that 50…
The banking industry continues to record rising cases of fraud, with the latest figure hitting GH¢I billion in 2020, compared to GH¢115.51 million recorded in 2019.
A total count of 2,670 cases of banking fraud were recorded in 2020, as…
The Institution of Occupational Safety and Health (IOSH), a chartered body for safety and health is organising a conference in September that focuses on how safety and health at work will benefit workers, businesses and the economies of We…
The Minister of Information, Mr Kojo Oppong Nkrumah, has appealed to media practitioners to eschew misleading reports about the country's economy, especially during this COVID-19 era.
The minister explained that such reportage if not cu…
The Board Chairman of the Graphic Communications Group Limited (GCGL), Professor Kwame Karikari, has made a strong case for the establishment of a media development fund by the government that can deliver patient and low-cost finance to su…
Officials of the Ghana Revenue Authority have been urged to design and implement a modified taxation system for the large informal sector of Ghana’s economy in order to make it easier for them to fulfil their tax obligations to the State.
…
The South Africa Airlines (SAA) will resume flight from September 23, 2021, after the carrier remained grounded for over 15 months.
The airline says the first flights will commence on Thursday, September 23, 2021, and will initially ope…
The Governments of Ghana and the German State of North Rhine-Westphalia, have signed an agreement to cooperate in seven specific areas.
The areas include; non-governmental, not-for-profit, and private-sector organisations; diaspora orga…
Dr Stephen Yamoah, Executive Director, Nuclear Power Ghana (NPG), says the importance of nuclear power to the socio economic development of Ghana is immeasurable.
"Nuclear power is promising and its benefits to the country are enormou…
Madam Akosua Frema Osei-Opare, the Chief of Staff, has commended Small and Medium Enterprises (SMEs) for embracing the use of technology in their business.
She said innovation and ingenuity had become a necessity for all contemporary …
The Ghana Revenue Authority (GRA) on Wednesday donated Personal Protective Equipment (PPE) to 160 selected schools to help contain the COVID-19 pandemic.
The items are 640 handwashing units, 480 gallons of liquid soap, and 320 packs of …
The government has been urged to give more opportunities to Micro, Small and Medium Enterprises (MSMEs) in the manufacturing sector to enhance their competitiveness and contributions to economic growth.
Ms Adjo Dede Asare, Chief Executi…
The Africa Center for Energy Policy (ACEP) on Tuesday held a forum in Sunyani to sensitize mining communities in the Ahafo Region on the Agyapa Investment deal.
The forum brought together residents from Susuanso, Terchire, Adrobaa, Nto…
The Deputy Minister of Lands and Natural Resources, Mr George Mireku Duker, has assured workers of Awaso Bauxite Company Limited in the Western North Region that the government would not shut down the company.
He said the state would pr…
Mr. Francis Ennor , Upper East Regional Director of Ministry of Food and Agriculture, ( MoFA) has urged farmers to step up cultivation of sorghum which has ready market to boost their incomes .
He also encouraged farmers to put in …
A new focus report produced by Oxford Business Group (OBG) explores Egypt’s efforts to carve a niche as a regional energy hub and develop its mining industry by capitalising on its abundant untapped resources.
Titled “Egypt Petroleum & …
South Korea has become the first major Asian economy to raise interest rates since the coronavirus pandemic began.
The Bank of Korea increased its base rate of interest from a record low of 0.5% to 0.75%.
The move is aimed at helping…
South African Airlines is set to resume operations next month after struggling with losses for months amid the coronavirus pandemic.
The airline was recently privatised in an effort to save it.
It has substantially shrunk its workfor…
Mrs Abena Osei-Asare, the Deputy Finance Minister in charge of Revenue, has reaffirmed government commitment to addressing revenue shortfalls, a long-standing challenge for the country, through collaborative efforts.
She said with the e…
The Turkish government has affirmed its commitment to increase its investment portfolio in the Ashanti Region as it seeks to explore business opportunities in varied areas.
These include tourism and culture, agriculture, education, cons…
Dr Stephen Yamoah, the Executive Director, Nuclear Power Ghana (NPG), has said the implementation of Ghana's nuclear power programme will propel socio-economic development.
He, therefore, urged the media to stimulate an objective and co…
From the 7th to the 9th of September 2021, the Rimini Expo Center in Italy will host over 45,000 visitors, 25% of whom will be international visitors coming together for the biggest international fruit and vegetable industry trade fair; Ma…
The Electricity Company of Ghana (ECG), Tema has invested a total GHC989,800.00 in major projects in an effort to improve reliable power supply to customers within its operational areas.
Out of the amount, GHC142,141.92 was invested …
Mr Ken Ofori-Atta, the Minister of Finance, says the country can successfully implement the Country Development Goals through formalized partnerships with the private sector.
He said with the passage of the Public-Private Partnershi…
The Oil Palm Development Association of Ghana (OPDAG), representing the entire palm oil value chain actors in Ghana, has appealed to the government to exempt palm oil from the implementation of the 50 per cent benchmark value Policy.
…