BUSINESS

Ghana has been named among three African countries with the potential to become Africa’s digital entryway in the coming years. In an extensive article by renowned business news publication Quartz, it acknowledges Ghana’s sound economic management in recent years, as well as the nation’s strides in digital and technological initiatives as part of the reasons why Ghana has a strong ...

The Chamber of Petroleum Consumers Ghana (COPEC) has predicted that fuel prices in Ghana are likely to go up in the coming days. Executive Director of the COPEC, Duncan Amoah said this is as a result of the prices on the international market recording upward trend over the past few weeks. He said “There is increasing pressure on the various ...

The World Bank Board of Directors have approved a $60 million International Development Association (IDA) grant to help Ghana and some other African countries strengthen the resilience of their agricultural sectors to the threat posed by climate change. The grant fulfils the World Bank’s commitment at the 2019 United Nations Climate Summit to increase its support to the CGIAR, a ...

The position undertaken by both Ghana and neighbouring Coted’Ivoire that major international chocolate makers must pay the US$400 a tonne premium known as the Living Income Differential in order for the two countries to remain in their production sustainability schemes has got a new boost from the results of a recent study carried out by Cargill. The new major survey ...

In the coming year 2021, the banking sector in the country will no longer be with astute brands that have held the fort. These individuals are peculiar for nurturing and growing the banking industry in Ghana they served and headed for decades. About six managers, in 2020, have paved way for new managers to take over the helm of affairs ...

Veteran Trade unionist Abraham Koomson has sounded the alarm bells over the fallouts from the December 7 elections in Ghana. The opposition National Democratic Congress(NDC) had rejected the results announced by the Electoral Commission and a declaration of the incumbent Nana Addo Dankwa Akufo Addo as president-elect. The NDC is also challenging the parliamentary results, insisting that it will form ...

The Ghana Union of Traders Association has congratulated Nana Akufo-Addo on his re-election as president of Ghana. Electoral Commission Chairperson, Jean Mensa, last week declared President Nana Addo Dankwa Akufo-Addo the winner of the 2020 presidential elections that saw Ghanaians head to the polls for the eighth time since the year 1992. The traders association in a statement signed by ...

The Abossey Okai Spare Parts Dealers Association says it expects the continuing government to implore commercial banks to respond inadvertently to the monetary policy rate decisions by the central bank. According to Co-Chairman of the Association, Clement Boateng, as the policy rate is maintained, banks do not respond to it by way of also decreasing their interest rate. Speaking in ...

Dr. Khaled F. Sherif, Vice-President, Regional Development, Integration and Business Delivery of the African Development Bank (AfDB) has called on African countries to liberalize their visa regimes to encourage more intra-Africa trade and tourism and to reposition the continent for future growth According to the 2020 Africa Visa Openness Index recently published by the African Union Commission and African Development ...

The Ministry of Finance and Economic Planning has commenced its search to engage transactional advisers for Ghana’s 2021 Eurobond issuance on the international market. Finance Minister, Ken Ofori-Atta, in November this year told Parliament government intends to issue US$5 billion in Eurobonds to refinance domestic debts and support budget expenditure for 2021. The issuance of the bond, according to the ...