Invest In Africa (IIA), an enterprise focused on growing local small and medium-sized enterprises (SMEs) in Sub-Saharan Africa to deliver positive economic impacts and create jobs, has partnered with Vodafone Ghana to support local busines…
Life is not just about having the latest electronics but about the experiences technology creates. To live a healthy and more convenient lifestyle, many people across the world are seeking eco-friendly, energy-saving and sustainable smart …
Several ground-breaking innovations have been birthed during this pandemic as companies and industries are at their wits’ end, figuring out how to lessen the financial burden on their customers.
One of the most pioneering initiatives du…
A recently published African Development Bank (AfDB.org) scoping study on implementing NDCs in Africa recommends that development financial institutions and other investors focus on high-impact, high-growth potential start-ups that can dri…
The Director General of the Securities and Exchange Commission, Rev. Daniel Ogbarmey Tetteh, has said that the commission will soon come out with its final policy position on trading in cryptocurrencies.
He said the commission was still…
The CM Fund Limited, a medium to long-term collective investment scheme, posted a net profit of GH? 1,310,964 in 2020 as against GH? 945,940 in 2019.
Shareholders fund also rose from GH? 8,188,228 in 2019 to GH? 17,382,380 representing …
Key stakeholders in Ghana’s Port Industry have undergone a five-day training on the implementation of Single Window Systems for trade facilitation.
The capacity building programme was on the Improvement of Port Customs and Operation Eff…
GIZ Ghana through its Reform and Investment Partnership project, the Migration and Employment Promotion component and Financial System Development component has held a two-day forum on Access to Finance in Takoradi for Micro, Small and Med…
The Universal Merchant Bank (UMB), has unveiled a new savings product dubbed ‘Locksaver Account’ which is tailor-made for staff of government organisations.
The product, which is the first of its kind by a Ghanaian bank, will be support…
Eni has announced a significant oil discoveryp in CTP Block 4, offshore Ghana.
Preliminary estimates place the potential of the Eban–Akoma complex between 500 and 700 Million barrels of oil equivalent in place.
The Eban - 1X well is …
The Chief and people of Awudome-Avenui, a farming community in the Ho West District of the Volta Region have launched a business project dubbed; Entrepreneurship Conference.
The project aimed at encouraging entrepreneurship by opening l…
The Youth Advocacy on Rights and Opportunities (YARO), a Non-governmental Organisation (NGO), has empowered thousands of people in the Upper West Region through the Village Savings and Loans Associations (VSLAs) initiative.
The NGO said…
Ohana Homes, a bed-sharing initiative has won the Ho Node Hub's startup investment pitching contest.
The project is expected to boost community-based tourism by providing a platform that would aid stakeholders to develop the home-shar…
A leading investment banker and Deputy Managing Director of the Ghana Stock Exchange, Abena Amoah has endorsed the approach being used for the establishment of the Development Bank Ghana.
Madam Amoah, speaking as part of a development f…
Partners in the Jubilee Oil Field in the Tano Basin in the Jomoro Municipality, have been reminded to implement the local content policy to spearhead the rapid socio-economic development of communities in the area.
According to opinion …
The Ghana Water Company Limited (GWCL) on Tuesday announced modalities for changing all meters for industrial entities with new ultra-sonic meters to make it easier for the company to read it remotely.
Dr Clifford A. Braimah, GWCL Manag…
Ghanaian premier property services company, Broll Ghana on Friday, July 2, 2021, launched its 15th-anniversary celebration under the theme: “15 years of progressive leadership in Ghana’s real estate industry.”
The event was attended by …
Two Community mining sites have been opened to encourage responsible, inclusive and sustainable small scale mining in the Western Region.
Unregulated small scale mining by both local and foreign nationals had caused massive destruction …
FanMilk PLC, Ghana’s leading producer of nutritious and refreshing milk-based and dairy-based food products, has won top honours at the 2021 edition of the Marketing World Awards.
SuperYogo, the new fortified frozen yoghurt from FanMilk…
The Mim Cashew and Agricultural Production Limited in the Ahafo Region has shut down with more than 1,000 employees laid off.
Mrs Jemima Akusika Hansen, the Director of Human Resource and Administration, said the free-zone enterprise, w…
THOUGHT OF THE WEEK
TIPS FOR BUSINESS FINANCING (PART 1)
1. BEFORE SEEKING FINANCING
There is the need for careful planning before considering business financing. The business owner will need to make the following
decisions:
i. How mu…
The sudden halt imposed on the aviation industry by the Covid-19 crisis hit the sector hard. In April 2020, two-thirds of the global commercial aviation fleet sat idle on the tarmac, while passenger traffic was down 90% year-on-year [1]. T…
South African born Avatar Cape Town, a subsidiary of the Avatar Agency Group (AvatarAgency.co.za), triumphed in a hotly contested TECNO global pitch by demonstrating its mantra of ideas that move people against international network agenci…
Samsung has launched the new Samsung Galaxy A22 smartphone, the latest in its popular collection of affordable devices. The A Series is designed to make Samsung’s latest innovative products more accessible to a wider audience. With an imme…
Ten (10) lucky SMEs will enjoy a full ‘Business Make Over’ as a part of a campaign launched by MTN Business to create more awareness on how small businesses can use the power of technology to enhance the management of their business and to…
With a mission to provide world-class support to its cherished customers in Ghana and the sub region, Mantrac has constructed a state-of-the-art Components Rebuild Centre (CRC) with an investment of over $50 million.
That, the company h…
To commemorate the independence anniversary of the United States of America (USA) on July 4, the American Chamber of Commerce (AMCHAM) Ghana has organised a special supplement to commemorate the day on the theme: “Shared Prosperity: Progre…
The U.S. International Development Finance Corporation (DFC) has established a US$100 million loan facility with CAL Bank to support on lending to small and medium scale enterprises (SMEs) in the country.
The United States Ambassador to…
Emergent Payments (EP) Ghana Limited, has said it facilitates convenient and secure online payments across local and international payment channels for retail, corporate and institutional entities.
With a sole mission to elevate Ghana’s…
One of Oscar Anaya's earliest successful hacks was in to a personal computer he shared with his older sister when he was 11 years old.
"My sister wanted to play some weird game on the computer and didn't want me to use it, so she locked…
The existing price gap between the open market and that of Ghana’s Commodity Exchange platform is one of the many challenges hampering the smooth operations of the later’s platform.
According to stakeholders like the Peasant Farmers Ass…
After recording negative returns from 2018 to 2020, the Ghana Stock Exchange has taken a strong positive turn, returning about 36% in Cedi terms for investors in the first half of 2021.
During the same period last year, the stock exchan…
The Department of Agriculture in the Birim Central Municipality has held its annual Research Extension farmer Linkage Committee (RELC ) session to convey constraints of farmers for research and solutions via agricultural extension service …
Yison Tech Hub in partnership with Ghana Tech Lab has held its second Local Start-up Summit in Wa to enhance youth in technology in the local digital economy as well as to provide employment opportunities.
The second Local Start-up Su…
The Ghana Enterprises Agency (GEA) has held a sensitization programme for stakeholders on the Grant Fund established to support Small and Medium Enterprises (SMEs) to recover from the effects of Covid-19 and to resuscitate their operations…
The price swing of commodities in some markets in the Tema enclave at the beginning of July has been attributed to the onset of the rainy season and other variables including the nature of roads in the hinterlands.
A GNA survey conducte…
Plans are far advanced for the Bank of Ghana to introduce a digital currency, according to a Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi.
Last month, the central bank announced plans to start a three-phased pilot of the curr…
Stock Market Highlights
• Stocks were bullish this week. The GSE-CI index advanced by 0.33% to close at 2,652.21 with a 36.60% year-to-date return. Market capitalization increased to GH¢61.56 billion.
• Gains in ETI(+20.00) and SOGEGH(+2…
Thibault Investments, recently embarked on the re-development of one of Cape Town’s most iconic buildings on Thibault Square, soon to be known as One Thibault, the tallest residential development in Cape Town.
Responding to the demand …
Energy comprises a critical component of social and economic development in which the lack thereof serves as a direct hinderance to economic growth. Despite being arguably the richest continent in terms of natural resources, Africa is also…
The Islamic Development Bank (IsDB) (IsDB.org) has selected two crowdfunding platforms as winners of the IsDB Prize for Impactful Achievement in Islamic Economics for the year 1442H (2021), in recognition of their innovative and impactful …
Two of the African mining industry’s most innovative brands have joined forces, which sees Mining Review Africa’s Mining Elites in Africa publication and Africa Mining Forum merge with a Digital Awards Ceremony and winners acknowledgements…
In a webinar discussion hosted by TagPay (TagPay.fr/en) and moderated by Omar Ben Yedder from African Banker; Yves Eonnet (TagPay), Djiba Diallo (Ecobank Group), Obinna Ukwuani (Bank of Kigali) and Carl Manlan (VISA), discussed how the dig…
More than 250 smallholder farmers who trade on the Ghana Commodity Exchange (GCX) have used their warehouse receipts to access loans to finance their activities.
The warehouse receipts credit initiative allows farmers who trade their co…
The FBNBank Ghana is to deploy technology-based solutions to drive financial inclusion and grow the bank among the prestige top tier financial institutions in the country.
The Managing Director (MD) of the FBNBank Ghana, Mr Victor Yaw A…
The Ghana Export Promotion Authority (GEPA) has urged the public to support the local handicraft sector by patronising their goods.
Speaking at an exhibition in Accra, the Acting Head, Handicraft and Industrial Art Department, GEPA, Ms …
Passion Air, a domestic commercial airline, on Saturday made its first flight to the Ho Airport when it dropped former President Mahama off for a retreat in the Volta Region.
The former President was in Ho to open a national retreat of …
Ghana records improved quality in commodity, reduction in post-harvest losses and lower transaction cost, Mrs Tucci Goko Ivowi, the Chief Executive Officer of Ghana Commodity Exchange, said on Sunday.
She said the coming into force of t…
The Minister of Finance, Ken Ofori-Atta says the fundamental objectives of special-purpose banks such as the NIB and ADB would have to be reviewed to help them secure the necessary capital so they can give out long-term funds as the govern…
The management of the Ekumfi Fruit and Juices Factory at Ekumfi Nanaben in the Central Region has dispelled rumours that the company has collapsed.
Although it said its operations were affected by climate change, management says the f…
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