Hollard Ghana, an insurance company and Jumia, an e-commerce platform, have joined forces to make insurance policies easily accessible online for Ghanaians.
The Partnership is expected to provide an efficient platform, leveraging on …
Stakeholders in the Small and Medium Enterprises sector have met to discuss and explore ways to cooperate and combine their comparative expertise and resources to support the growth of Small and Medium Enterprises (SMEs) in Ghana.
The …
The Edinburgh Catalyst Regional Conference in West Africa has taken place in the Central Regional capital, Cape Coast.
The three day conference which was held from Wednesday, July 23 to Friday, July 25 at the University of Cape Coast (…
It was quite a shock to Africa Energy Chamber Executive Director NJ Ayuk – and an even bigger shock to the Chamber – that the London-based Hyve group decided to move the annual Africa Oil Week (Africa-OilWeek.com) from Cape Town, South Afr…
Panasonic Corporation has signed a brand ambassador agreement with professional women's tennis player Naomi Osaka. The period of agreement is two years starting from April 22, 2021.
Panasonic sought the agreement with Ms. Osaka after o…
As fuel prices continue to rise at the pumps, the Chamber of Petroleum Consumers (COPEC) says the situation will not change until institutions like the Tema Oil Refinery (TOR) and the Bulk Oil Storage and Transportation Company Limited run…
The new ultra-modern Liquid Bulk Terminal (LBT) in the Port of Takoradi, will receive its maiden liquid bulk cargo tanker vessel by the close of June 2021.
The terminal is Ghana's deepest in-harbour Liquid Bulk terminal.
Captain Eb…
Mr Ken Ofori-Atta, the Finance Minister, has urged the diaspora community to return home with their talents, capital, skills, and knowledge to facilitate Ghana's growth.
He implored them to return with honesty, open-mindedness, optimism…
KGL Group, a wholly-owned Ghanaian group of subsidiaries, lent support for hosting the maiden edition of the Ghana Diaspora Investment Summit 2021 organized by the Ghana Investments Promotions (GIPC).
The event held under the theme ‘The…
The African Telecommunications Union (ATU) has signed a Memorandum of Understanding (MoU) with tech giant Huawei that will see African countries and organizations build capacity for ICT transformation.
Under the agreement, Huawei will p…
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has advised shareholders of the nine banks whose licences were revoked to have faith in the legal process and not resort to Parliament to seek redress.
He explained that runnin…
The Ministry of Finance says the implementation of a medium-term recovery and revitalisation programme will put the economy on a sound footing and return it to pre-COVID-19 levels.
Consequently, it has assured the public that efforts ar…
The Institute for Energy Security [IES Ghana], says Ghanaians should brace themselves for continuous power outages because of a $1 billion debt owed Independent Power Producers.
According to the Institute, this is putting constraints on…
The Ghana Chamber of Construction Industry has called on the government to immediately constitute the Road Fund Board.
The Chamber said the constitution of the board would ensure its members who are owed monies as far back as 2017 are p…
More than 65,000 merchants have enrolled on the electronic payment platform through the efforts of the Ghana Interbank Payment and Settlement System (GhIPSS), a subsidiary of the Bank of Ghana, and its partner institutions.
GhQR was lau…
Ghana on Wednesday launched its maiden Diaspora Investment Summit to create an avenue to foster partnerships between local and Diaspora investors.
The summit sought to showcase Ghana as a destination of choice for doing business to spur…
Farmers in the Upper East Region are worried over the delay in the supply of the annual subsidized fertilizer under the government Fertilizer programme.
It has emerged that the agents are yet to take delivery of the product for distri…
Women at the Tizza Community in the Jirapa Municipality of the Upper West Region have been sensitised on how to identify local economic opportunities and take advantage to turn around their fortunes.
The women were also taken through…
Dr Ernest Addison, Governor of the Bank of Ghana, says businesses need to take action to develop resilient and innovative strategies to achieve long-term value and sustainability.
He said the knock-on effects of COVID-19 differed marke…
The Market-Oriented Agriculture Programme in North Western Ghana (MOAP-NW), has trained a total of 85 seed producers and seed inspectors on quality seed production and regulations.
The week-long training, which was in partnership with t…
Weekly Highlights
Ghana’s economy grew by 3.1 percent in the 1st quarter of 2021
Yields on 91-Day and 182-Day T-Bills moderated.
Accra Bourse tumbled on profit taking activities.
Ghana cedi advanced against the three major trading…
JW Player [1], the leading video software and data insights platform, today announced it has raised $100M in Series E funding from LLR Partners. The latest investment comes on the heels of record video streaming growth and strong profitabi…
Standard Bank Group was on Wednesday named African Bank of the Year by a leading publication in recognition of the banking giant’s achievements in fighting the Covid-19 pandemic and empowering women.
African Banker (bit.ly/2T1pgvl) maga…
Enterprise Life, the leading life insurer in Ghana and a subsidiary of the Enterprise Group has once again ignited its prowess of innovation.
Having pioneered the sale of funeral insurance in Ghana and introduced the first ever altern…
Dr Ernest Addison, the Governor of the Bank of Ghana, says the Bank will continue to provide strong policy support for growth recovery and the economic revitalization process under the CARES programme.
He said in that direction, monetar…
On June 7, 2021 Bloomberg announced the launch of its inaugural global cohort of public and private sector innovators and entrepreneurs coined Bloomberg New Economy Catalysts.
Ghanaian Co-founder and CEO of Farmerline, Alloysius Attah w…
The Minister of Communication and Digitalisation, Mrs Ursula Owusu-Ekuful, has assured Ghanaians that the upcoming SIM card re-registration exercise will weed out all fraudsters and criminals in the mobile money space.
She said despite …
Cost pressures on UK firms have gone up at a record level, suggesting that the current surge in consumer prices may be more than just a blip.
A closely watched survey, produced by IHS Markit/CIPS, showed input costs rose at the fastest …
Chairperson of the Agribusiness Sector at the Association of Ghana Industries (AGI), and CEO of Africa Brand Warrior, Fatima Alimohamed, says getting a “national branding” strategy remains one of the major hurdles Ghana needs to cross if t…
The lack of prescribed storage facilities for foodstuff, resulting in post-harvest losses remains a barrier to the growth of the agriculture sector, a multi-country study in Ghana and Kenya has revealed.
The study, which sought to analy…
More than 1,300 women have been trained in soap production between 2020 and 2021 as a key strategy to gender empowerment and inclusion in communities in the Bono and Bono East Regions.
The training, a support programme, includes a g…
The Organisation of African, Caribbean and Pacific States (OACPS) says its members cannot address the fight against tax avoidance or money laundering and terrorist financing.
Mr Georges Rebelo Pinto Chikoti, Secretary-General of OACPS, …
Kumasi, Ghana's second-largest city, has been selected as one of the 50 Champion Cities under the 2021 Global Mayors Challenge, a project seeking to reward cities for their innovativeness in the wake of the COVID-19 pandemic.
The projec…
The Forestry Industries Association of Ghana (FIAG), a coalition of private operators in the forestry sector, has appealed to government to ensure the rational allocation of resources to make production systems in the sector work efficient…
The World Bank Migration and Development Report for 2021 has reported an increase of 5 per cent to $3.6 billion in remittances flows to Ghana despite the lockdown in many of the remittances sending countries.
Host countries for Ghanaian…
The Ghana Mineworkers' Union has commended government for providing the legislative framework for the sector, but called for its operationalization to address the poor infrastructural development in mining communities.
Ghana has enacted…
EIG, a leading institutional investor to the global energy sector and one of the world’s leading infrastructure investors, today announced the closing of its previously announced transaction with Saudi Arabian Oil Co. (“Aramco”), under wh…
South Sudan’s Ministry of Petroleum (MoP) officially launched the country’s first-ever oil and gas licensing round in Juba on Wednesday; Hosted by the MoP and attended by industry executives and international stakeholders, the event signif…
Absa Bank Ghana has announced a partnership with MoneyGram, a major reliable and trusted brand in the remittance industry, to provide remittance services to Ghanaians.
Through the partnership, both customers and non-customers of Absa Ba…
President Nana Addo Dankwa Akufo-Addo, has expressed satisfaction with work so far undertaken on the construction of a GH¢36 million watermelon juice factory, being established in Walewale in the North East Region.
Touring the facility …
The Bank of Ghana (BoG) has taken the enforcement of laws on repatriation of export proceeds to another dimension by involving the Criminal Investigations Department (CID) of the Ghana Police Service.
The move is to help the central ban…
Dr. Mustapha Abdul-Hamid has been appointed as the new Chief Executive of the National Petroleum Authority (NPA).
He is replacing Mr Hassan Tampuli who is now a Member of Parliament for Gushegu and has been designated as a Deputy Minist…
THOUGHT OF THE WEEK
INVESTMENT RISK (PART 1)
This is the probability or uncertainty of losses rather than expected returns from investment due to a fall in the fair prices of securities such as bonds, stocks etc. Every investment has…
Ghana Cocoa Board (COCOBOD) has signed an agreement with Bühler of Switzerland, one of the world’s biggest cocoa processing and chocolate making companies, to process more of Ghana’s cocoa.
As part of the agreement, Ghana will also bene…
Chairman of McDan Group, Daniel Mackorley has hinted of plans to establish a research Centre for African Trade at the University for Professional Studies Law School.
The Centre which is subject to approval will among other things serve …
China has expanded its clampdown on cryptocurrencies, telling banks and payments platforms to stop supporting digital currency transactions.
That follows an order on Friday to shut down Bitcoin mining operations in Sichuan province.
…
Britain is to start negotiations to join a free trade area which could grant businesses access to "some of the biggest economies of the present and future", the government has said.
The Comprehensive and Progressive Agreement for Trans-…
Minister for Food and Agriculture, Dr Owusu Afriyie Akoto, has been elected the first Chairman of the Steering Committee of the Ghana-Côte d'Ivoire Cocoa Initiative at its first meeting in Abidjan on Monday
The two countries unanimously…
Enterprise Group PLC has signed an agreement to acquire Acacia Health Insurance (AHI), subject to regulatory approval. The acquisition of AHI once completed, will constitute the achievement of the last of the three main deliverables in pla…
President Nana Addo Dankwa Akufo-Addo on Monday gave the assurance that government will construct a guinea fowl processing factory in the Bawku Municipality of the Upper East Region.
He said the factory would be constructed under the ‘O…