The National Development Planning Commission has commenced a consultative process to draft the next Medium-Term National Development Policy Framework (MTNDPF, 2022-2025) for the next three years.
The new draft policy framework will succ…
Over 60 female agricultural extension volunteers in the Sissala East and the Wa East Districts have benefitted from a three-day zonal based sensitization on agricultural extension services.
It was organized concurrently for selected wom…
As part of its commitment to support the country’s youth development and reinforce its position as an employer of choice, Allianz Insurance participated in the first-ever virtual career fair organised by Ashesi University.
The career fa…
In a situation where service providers have a lot in common in terms of their offerings, what really makes the difference is how the products or services are packaged and generally how their brands, mounted on a number of pillars including…
China's tech giants are coming under increasing pressure from regulators worried about their growing influence.
By Monday, Tencent had shed more than $60bn (£42bn) from its market value as its share price slid over concerns of greater r…
Finnish telecoms giant Nokia is to axe between 5,000 and 10,000 jobs worldwide in the next two years as it cuts costs.
It is unclear where the bulk of the cuts will fall, but it said about 96 jobs in the UK were under threat as part of …
The Ghana Chamber of Telecommunications has urged the Telecom and IT Professionals Union to consider dialogue instead of striking over a pay dispute.
“While the Chamber acknowledges and respects the right of TIP to negotiate for favoura…
The Ghana Hotels Association says its expectation was not met in the recently delivered 2021 budget statement.
According to the association, it expected more policies that will help the ailing industry get back on its feet.
Speaking …
Some stakeholders have reiterated the need for Government to fast-track the passage of the Tax Exemptions Bill to ensure monies lost to tax exemptions are mopped-up to aid government’s revenue mobilization.
Many have described the new r…
Government is expecting to realize roughly US$886 million as petroleum revenue for 2021.
This was announced by the caretaker Finance Minister and Minister of Parliamentary Affairs, Mr. Osei Kyei-Mensah-Bosnu during the 2021 budget prese…
INVESTMENT JARGONS AND WHAT THEY MEAN (PART 4) RETURN
A return, also known as a financial return, is the money made or lost on an investment over some period of time. For example The return earned during a one-month period is known as m…
Market Summary
The GSE Composite Index began the week flat at 2,214.90 with a year-to-date return of 14.08% while the market capitalization stayed at GH¢57.13 billion.
The GSE Financial Index recorded no gains or losses, closing at the …
Weekly Highlights
• Inflation upped to 10.3 percent in February 2021.
• Ghana’s economy to grow by 5 percent in 2021.
• Interest rates on short-dated treasury securities dropped further.
• GSE Indices ended mixed with financial stock…
With the World Economic Forum warning (bit.ly/2NntZ7V) of a deepening digital divide that will ultimately exacerbate global inequality, the role of intuitive digital financial services platforms in bridging this divide is becoming more imp…
Telenav, Inc. (NASDAQ: TNAV), a leading provider of connected-car and location-based services, announces that SAIC, China’s largest automotive group, has selected Telenav’s VIVID® Nav solution for its overseas markets in Europe, Southeast …
MTN Ghana marked the 2021 edition of the International Women’s Day (IWD) with a virtual activity geared towards promoting Diversity and Inclusion (D&I) at the Workplace. The interactive forum driven by the global IWD campaign #ChooseToChal…
AirtelTigo Money Agents who perform ATM transactions will be rewarded with a double cash-out commissions pay-out at the end of each month based on their target. In addition, the agent with the highest commission (cash-out & cash-in) in eac…
Mr Kobby Mawufemor Ashong, the Chief Executive Officer, Asta Printing Hub, has won the “Baron of the Print and Advertising” category of the Business Executive Excellence Awards.
The awards, organised by the Business Executive, a Pan Wes…
Activa International Insurance Company Ghana Limited (AIIG) and Invest in Africa (IIA) Ghana have signed a cooperation agreement to widen access to protection schemes for multiple SMEs.
The cooperation agreement, according to a statemen…
The Chamber of Petroleum Consumers (COPEC) has urged Parliament to kick against government's plans to introduce Sanitation and Pollution Levy, which will charge 10 pesewas per litre of petrol/diesel.
Mr Duncan Amoah, the Executive Secre…
Konfidants, an international business advisory firm, is urging the Ministry of Trade and Industry and its agencies such as the Ghana Enterprises Agency (Formerly NBSSI), National Entrepreneurship Innovation Program (NEIP), Standards Author…
Dr Mathew Opoku Prempeh, Energy Minister, has unveiled Government's plans to make the Tema Oil Refinery (TOR) one of the premium refineries in the West Africa sub-region.
Dr Prempeh indicated that President Nana Addo Dankwa Akufo-Addo l…
Becoming successful in business does not depend on your religion; it is about attitude, discipline and knowledge, Mr Stephen Boafo, a Business Consultant, has stated.
He explained that the success or otherwise of any business venture do…
The Government of Ghana, in this year's budget statement, has announced a more clinical structural focus on President Nana Akufo-Addo's transformation agenda as the nation builds on economic gains so far made.
Government therefore would…
The Africa Centre for Energy Policy (ACEP) has observed the need for the Government of Ghana (GOG) to effectively manage the energy sector to drive economic growth and development.
ACEP insists that, to achieve this goal, government mus…
Mr Kwabena Minta Akandoh, Member of Parliament (MP) for Juaboso, has described the 2021 Budget Statement as "nothing but taxes galore".
According to him, most of the policies initiated by the Nana Akufo-Addo led government on the econom…
Locally manufactured goods are struggling to make it to the shelves of leading supermarkets in Accra.
This is according to research conducted by Konfidants, an international business advisory firm.
The research, which surveyed nine o…
Fuel prices in the country have consistently seen a steady increase since the beginning of the year, sparking fears that consumers may end the year paying an all-time high rate per litre.
Current figures from the pumps show that prices …
The Ghana Grid Company Limited (GRIDCo) says consumers of power should expect some intermittent power outages in the coming months.
This is due to ongoing projects on the Pokuase and Kasoa substations and other transmission line works a…
African Energy producers and the governments are facing an unprecedented economic crisis due to the Coronavirus, unemployment, recession, and energy poverty and energy transition concerns.
The African Energy Chamber's Road to Recovery: …
GOIL announces the appointment of Mrs. Mabel Abena Amoatemaa Sarpong as a Board Member of the company effective 16th February, 2021.
Mrs. Mabel Abena Amoatemaa Sarpong is an astute business woman and entrepreneur with experience spannin…
As Bitcoin hits all-time price highs, regulation must now become a major priority for financial watchdogs, affirms the CEO of one of the world's largest independent financial advisory organisations.
The call-to-action from Nigel Green, …
With 23 races, the new season includes largest race calendar in Formula 1® history; Three “triple headers” poses new complexity for logistics; Season opens March 28 in Bahrain; DHL (DPDHL.com) Fastest Lap Award and DHL Fastest Pit Stop Awa…
Market Summary
The GSE Composite Index gained 14.06 points (+0.31%) as a result of an upward price movement in MTN Ghana (+1.20%), closing the week at 2,214.90 with a year-to-date return of 14.08% while the market capitalization was up 0…
The US has increased its global share of arms exports to 37% during the last five years, according to a Sweden-based research institute.
Increased exports by the US, France and Germany were offset by declining Russian and Chinese export…
The Africa Centre for Energy Policy (ACEP) has observed the need for the Government of Ghana (GOG) to effectively manage the energy sector to drive economic growth and development.
ACEP insists that, to achieve this goal, government mus…
After a 20-year break, the National Lottery Authority (NLA), will from today, reintroduce its live draws.
The live draws for the NLA’s 5/90 lotto products will be held from Monday to Saturday, save public holidays.
A statement issued…
The Bank of Ghana says it will ban customers caught issuing dud cheques for three consecutive times, from accessing new credit facilities from the banking system for a period of up to three (3) years.
This was contained in a notice from…
The leadership of the Association of Lotto Marketing Companies (ALMC) has commended the Management of KGL Technology Limited for the timely intervention of releasing funds to the National Lottery Authority (NLA) for the payment of outstand…
Opanyin Maame Akua Benyah, the President of the Dansoman Methodist Circuit Women's Fellowship of Mt Olivet has called on the government to provide and sustain the stimulus support to women to enable them to recover from the Covid-19 effect…
Mr Michel Arrion, Executive Director of the International Cocoa Organization (ICCO), said an increase in international prices of cocoa beans and their related products will ensure the sustainability of the industry.
He said it was, ther…
Ghana has recorded a total of US$2,650.97 billion worth of Foreign Direct Investments (FDI) despite the outbreak of the COVID-19 pandemic in 2020.
This represents an increase of 139.06 per cent of the total US$1,108.93 million FDI the c…
The Chief Executive Officer (CEO) of the Ghana National Petroleum Corporation (GNPC) has underscored the need for a resilient gas infrastructure to deliver reliable and adequate gas for national economic development.
He informed that bu…
With the budget reading some hours away, the Executive Director of the Africa Centre for Energy Policy (ACEP), Benjamin Boakye says he is expecting to hear something on an alternative deal to the botched Power Distribution Services (PDS) d…
The Ghana Employers' Association (GEA) expects the 2021 Budget and Economic Policy Statement to bring pragmatic initiatives that will ensure a rapid recovery from the economic, health and social disruptions occasioned by the COVID-19 pande…
SEND GHANA, a subsidiary of SEND Foundation of West Africa, has called on the Ministry of Finance to set aside a dedicated budget to finance Epidemic Preparedness (EP) and the implementation of the National Action Plan for Health Security …
Mr Anthony Baafi Nyame, a Senior Technical Advisor at the Ministry of Trade and Industry , says the African Continental Free Trade Area (AfCFTA) is a potential game changer for Africa.
He said, "Africans must therefore not take this win…
Heads of companies in the power generation and distribution sector have assured the nation of reliable power supply to meet its demands.
They have also stressed that the recent power outages and the total blackout experienced last Sunda…
Government says its 2020 fiscal policy objectives were adversely affected by the outbreak of the COVID-19 pandemic.
This resulted in the recalibration of the 2020 fiscal framework during the 2020 mid-year fiscal policy review to accommo…
Mr Razak Kojo Opoku, Head of the Public Relation Unit of the National Lottery Authority has stated that sports betting is regulated by the Gaming Commission of Ghana under Act 721 whereas lottery is regulated by National Lottery Authority …
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