The Ghana Enterprise Agency (GEA), a bigger entity established to efficiently manage the micro, small and medium enterprises (MSMEs) sector in the Ghana has started a new historic journey.
This new agency will be impactful by charting a…
There is no doubt that Covid-19 has accelerated digital and technology adoption across the Continent, driving banks and other businesses to fast-track their digital transformation efforts and expedite creation of solid platforms for innova…
A new focus report produced by Oxford Business Group (OBG), examines the potential that the West African textile and garment industry holds to become a driver of sustainable growth and major employer across ECOWAS.
Titled “West Africa …
The Afromontane Research Unit (ARU) of the University of the Free State, based in Phuthaditjhaba South Africa, is partnering with several institutions of higher learning, relevant forums, foundations, and policy makers in Africa in an atte…
According to a recent Mastercard study, 58% of consumers are more mindful of their impact on the environment, with 85% willing to take personal action this year.
Today, Mastercard makes this promise easier to realize with a new badge…
The Ugandan economy is emerging from the devastating impact of the COVID-19 (coronavirus) health pandemic, but prospects for growth are undermined by increasing pressure on its natural resources, according to the latest World Bank economic…
The United Bank for Africa (UBA) Ghana Ltd has opened a new Business Office in Kasoa, in a bid to expand its branch network and boost economic activities in Kasoa and its environs.
The new office is part of plans to increase the touch p…
The National Board for Small Scale Industries (NBSSI) has been restructured into the Ghana Enterprises Agency (GEA) and resourced with GH¢145 million to support small and medium enterprises (SMEs) to recover from the effects of the COVID-1…
The Government and the International Finance Corporation (IFC), will hold a two-day retreat to strategize on how to align IFC's medium term strategy with the priority areas outlined in the GHS100 billion GhanaCARES Obaatanpa Programme.
…
Government and the International Finance Corporation, member of the World Bank Group, are to hold a strategic retreat to align resources to critical areas under the Ghana CAREs Obaatanpa Programme.
The two-day meeting will explore ways …
The Environmental Protection Agency (EPA) has urged Haulage Drivers to abreast themselves with the type of chemicals they transport in a bid to protect themselves and the general public.
Mr Lovelace Sarpong, EPA Deputy Director who gave…
Dr Joseph Obeng, President of the Ghana Union of Trade Associations (GUTA) has called for the need to improve cultural and business exchanges to facilitate trade partnerships between Ghanaian businesses and the UK investors.
He said Gha…
The Association of Oil Marketing Companies has launched its fifth annual safety week to educate and remind industry players to keep to their safety measures to make it congenial for their customers.
It was also the springboard for them …
The Registrar-General, Jemima Oware, says companies that fail to file their returns by the end of June 2021, risk having their names struck out of the list of businesses in Ghana.
She said about 200,000 companies have since 2011 failed …
Concerned Customers of First Fund (CCFF) on Tuesday appealed to the Security and Exchange Commission (SEC) to assist them to retrieve their locked-up funds of about GH?170 million from TTL Capital.
The group, with the client base of ove…
The Deputy Minister designate for Energy, Mr Andrew Egyapa Mercer, has called for a third party assessment on the unitisation of the Springfield and the ENI oil fields.
He said that would help the country get the full benefit from the o…
Some stakeholders in the fisheries sub-sector have called on the government to take immediate steps to stop illegal, unreported and unregulated (IUU) fishing activities in Ghana's marine sector.
The Canoe and Fishing Gear Owners, the Gh…
The Ghana National Chamber of Commerce (GNCCI) on Tuesday launched the 2021 Chamber CEO Business Forum.
The event slated for June 23, is expected to address the need to re-assess strategies critical to charting the path towards building…
Coordinating directors, budget and planning officers of the 33 Municipal and District Assemblies (MDAs) in the Eastern Region have been schooled on the Public Financial Management Act and regulations.
They were taken through the Public …
Women in small scale palm kernel oil processing at Koforidua-Ada in the New Juaben South Municipality work under hazardous conditions exposing them to health risks.
More than 70 women operate daily in the open under the mercy of the wea…
New data by the Ghana Statistical Service have shown that an estimated 16,000 agribusiness firms remain closed between May 2020 and January 2021.
The data said the firms' closure came with over 78,000 estimated staff laid-off and more t…
The Civil and Local Government Staff Association, Ghana (CLOGSAG) has called for the Public Services Workers and Employee's Pension Scheme (PSWEPS) to be scrapped and pensions funds transferred into the scheme reverted.
The Association …
Mr Sulemana Bakpa Mumuni, the Supervisor of the Regional Marketing Group (RMG), Cotton Division for the Sissala area in the Upper West Region, says the increase in the World Market price of Cotton gives a glimmer of hope to the farmers.
…
The Government will, on Wednesday, June 9, launch the Ghana Enterprises Agency (GEA) to promote the growth and development of Micro, Small and Medium Enterprises (MSMEs).
The GEA replaces the National Board for Small-Scale Industries (N…
Dr Ibrahim Mohammed Awal, the Minister of Tourism, Arts and Culture, said the domestic tourism drive being pursued by government will create one million jobs for the sector.
He, therefore, called on stakeholders, especially the media an…
THOUGHT OF THE WEEK
FOUR REASONS TO INVEST NOW (PART 2)
2. When you invest now, you need to invest less money to enjoy a greater payoff Now let us imagine two investors who started investing for their retirement at different times. One o…
MTN Ghana carried the day by winning seven awards at the 6th Africa Finance Innovation Awards held over the weekend, making the organization the highest recipient of the night.
MTN received awards in the following categories;
• Invest…
I am just a little country boy and I don’t believe we have to be diplomatic about this stuff. I love the Oil and Gas industry and will always stand up for it even when it is unpopular to do so. I don’t care taking the heat for this industr…
Weekly Highlights
• Business and Consumer sentiment improved in Q1 of 2021 – BOG
• Banking sector sustained its sterling performance in April 2021 – BOG.
• Yield on 91-Day T-Bills slashed by 7 basis points.
• Accra Bourse sustaine…
Former US President Donald Trump has told Fox Business that he sees Bitcoin as a "scam" affecting the value of the US dollar.
"Bitcoin, it just seems like a scam," Mr Trump said. "I don't like it because it's another currency competing …
The Chief Executive Officer of Nimed Capital Limited, Abena Brigidi, has advised the youth on how they can grow professionally.
The investment analyst shared that for one to grow professionally there is the need to move from the comfort…
Fire Monday morning razed parts of the Elmina Fishing Harbour, destroying items running into thousands of Ghana Cedis.
It is suspected that premix fuel being stored at a part of the harbour caught fire. Items that were destroyed include…
Stock Market Highlights
The benchmark index gained 7.50% following gains in five counters in the banking, petroleum marketing, insurance and telecommunication sectors to close the week the at 2,602.76 with a 34.05% year-to-date return. Ma…
Government has been urged to reduce its demand for funds from the domestic market to help reduce the overreliance of banks on government securities.
According to the Governor of the Bank of Ghana, Dr. Ernest Addison, in addition to gove…
One year since the implementation of the Integrated Customs Management System (ICUMS), the Importers and Exporters Association of Ghana says it has experienced significant improvement in its transactions at the ports.
There were agitati…
The Programme Coordinator for the International Development Fund in Ghana, Jelili Jerry Afolabi, has urged Ghanaian entrepreneurs to explore international opportunities in development finance under the International Development Fund.
Ad…
Springfield Exploration and Production Limited has reiterated its commitment to the unitisation of the Afina-Sankofa fields, saying it will remain a willing and cooperative party to the process.
The company said it had since the governm…
The Coca-Cola Company and The Ocean Cleanup today announced that Coca-Cola will become a Global Implementation Partner for The Ocean Cleanup’s river project. The unique partnership brings the international company and technological non-pro…
The Covid-19 pandemic continues its devastating effects on the aviation, travel and tourism industry. The number of Covid-19 infection cases globally continues to increase in absolute terms though the rate of infection is on the decline in…
Black Bay Ceramic
TUDOR is launching the Black Bay Ceramic model, an extraordinary watch and symbol of the brand's technical expertise, with a case in matt black ceramic, a Manufacture Calibre and a Master Chronometer certification from…
As we celebrate World Environment Day, it is important to take stock of both the urgency of establishing a more sustainable global society, and the progress made in achieving this.
Sustainability in the modern context needs to consider…
Market Summary
Two stocks in the financial sector edged the benchmark index up by 3.12 points (+0.12%) to close the session at 2,541.99 with a year-to-date return of 30.92% while the market capitalization inched up by 0.05% to settle at G…
Huawei announced its Financial Partner Go Global Program (FPGGP) at the Huawei Intelligent Finance Summit 2021. FPGGP will collaborate with exciting new partners who wish to work with Huawei in the financial services industry. This global …
Digital solutions provider Liquid Intelligent Technologies has achieved the 100,000 km fibre network milestone, positioning the organisation as the largest independent fibre network provider in emerging markets globally.
Liquid has been…
The New Patriotic Party (NPP) Member of Parliament for Dormaa East, Mr Paul Apraku Twum Barimah, has said Ghana’s oil industry remains solid and formidable despite the exit of ExxonMobil.
“The longer-term outlook for Ghana’s crude oil i…
The Dutch Ambassador to Ghana, Ronald Strikker, has described the Dutch airline giant, KLM, as a remarkable torchbearer of the excellent Ghana-Netherlands diplomatic ties.
He made the remarks during a Fireside Chat series organised by t…
Dr. Ibrahim Mohammed Awal, the Minister for Tourism, Arts and Culture has pledged commitment to fixing the Western Regional Centre for National Culture edifice left to deteriorate over the years.
The Minister is also considering giving …
Togbe Afede XIV, Agbogbomefia of Asogli State has called on African Countries to encourage trading among themselves to enhance living standards across the continent.
He said Africans must redirect spending to the continent to help foste…
The National Board for Small Scale Industries (NBSSI) is expected to be renamed the Ghana Enterprises Agency on Wednesday.
This was made known by the Executive Director of the NBSSI, Kosi Yankey-Ayeh today at a press briefing in Accra.
…
Mr Emmanuel Armah Kofi Buah, former Minister of Energy, has asked the Government to, as matter of urgency, revamp the nation’s upstream petroleum sector.
He said he was concerned about the likely collapse of the sector, and for the upst…
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