Ghana’s largest Commercial Port, the Port of Tema achieved one of its strongest performances in the year 2020 despite disruptions occasioned by the COVID-19 pandemic. According to a comparative analysis data released by the Port of Tema, actual Cargo traffic by trade in 2020 exceeded its targeted volumes by 5.9% from 18,293,893 to 19,372,993 which […] The post Tema

About 13 months ago, no one envisioned a pandemic that would disrupt socio-economic life on a grand scale such as COVID-19. For most countries that were in the process of economic progression, being halted in that upward trajectory by an unprecedented incident has affected livelihoods and social interaction. In a period of uncertainty and a […] The post The importance

Ghana is one of the African countries endowed with lots of resources that could be used to grow the economy. It is the leading producer of gold in Africa that accounts for a significant portion of government’s revenue, hence, the well utilization of the available resources brings about development that reduced unemployment and poverty rates […] The post The role of the media,

Research summary Domestic savings mobilization has been and continues to be a challenge in most developing countries due to the informal ways of saving, and Ghana is no exception to the phenomenon. In order to curb the situation, researchers have identified several personal characteristics that influence the decision to use formal ways of saving at […] The post Trust

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has kept the Policy Rate at 14.5 percent for the second consecutive time this year. The policy rate is the rate at which the central bank lends to commercial banks. Speaking at a press briefing, the Governor of the Bank of Ghana, Dr. Ernest […] The post BoG keeps policy rate at 14.5% for second

Ghana’s President Nana Addo Dankwa Akufo-Addo has taken the boldest economic step in recent memory by announcing that Ghana will no longer export raw cocoa to Switzerland – and, perhaps, other western countries. Rather, the world’s second-largest producer of cocoa will increase cocoa processing and chocolate production for export. Switzerland is one of the leading […] The post Will

“Move fast. Speed is one of your main advantages over large competitors.” Sam Altman The government of Ghana has taken steps to put up certain institutions, structures and programmes to help the country, including the private sector, harness the benefits inherent in the AfCFTA agreement. In the first place, an Inter-Ministerial Facilitation Committee has been constituted […] The post Trading

Anytime, the topics of low income and worsening livelihood of cocoa farmers are raised in Ghana, people mistakenly assume Ghana to be the cocoa farmer and they argue in their response that Ghana needs to add value to its cocoa beans to improve its farmers’ livelihoods. However, what is forgotten is that Ghana is a […] The post Is there any link? –

In accordance with Articles 179 and 180 of the 1992 Constitution, President Nana Addo Dankwa Akufo-Addo designated the Minister of Parliamentary Affairs and leader of government business in Parliament, Osei Kyei-Mensah-Bonsu to read the 2021 Budget Statement in Parliament on Friday, March 12. This was due to the nominee as Minister of Finance, Mr Ken […] The post Post

With over 17,100 pizza outlets across the world, global pizza brand Domino’s Pizza is set to commence operations in Accra with the first two stores set to open in the capital. The stores will be situated at the start of Oxford Street in Osu, and on the corner of Boundary Road & Spintex-Legon Underpass in […] The post Domino’s Pizza  set to launch in Accra appeared first

It is a paradox that a continent that is often described as having very little to offer, can produce such consistent and persistent giants that take on the world every day. The narrative of Zeepay is simple and yet powerful: it is an African fintech start up that is changing lives and making a positive […] The post Zeepay – changing the remittance narrative

The Ghana COVID-19 Alleviation and Revitalization of Enterprise Support Programme (Ghana CARES) or Obaatampa Programme came up after the President tasked the Ministry of Finance to lead the development of a comprehensive government economic plan that can revamp and stabilize the economy during and post COVID-19. The scheme has two phases. The first phase is […] The post The

Analysts remain divided over the likely outcome The Monetary Policy Committee (MPC) of the Bank of Ghana will, once again, be confronted with a difficult decision regarding determination of the policy rate for the next few months, as economic conditions are not favourable for the regulator to reduce the rate to push government’s expansionary policy; […] The post Inflation,

…following Parliament’s approval of 2021 budget through vote Ranking Member of the Finance Committee in Parliament and Former Deputy Finance Minister, Dr. Casiel Ato Forson, has indicated that even though the 2021 budget presented to Parliament has been approved, the minority group is prepared to fully assess it based on merit and scrutinise the new […] The post Minority keen

President Akufo-Addo’s representative at the Ministry of Finance, Charles Adu-Boahen, has said has begun moves to restructure road toll fees in the 2021 budget. The budget statement revealed that there will be a review of existing road tolls, which will be aligned with current market rates as part of the framework for promoting burden-sharing as […] The post With

Vice President Dr. Mahamadou Bawumia has launched the 100 days to 2021 census night, which will effectively take certain important data of the country. The data the census will take include the total number of persons living in the country; the gender mix; the age mix; birth and death and migration; what people do for […] The post Bawumia launches 100 days to 2021 census night

framework in the offing says SEC will be firm on enforcing disclosure Conditions are ripe for the introduction of green bonds unto the market, as the Securities and Exchange Commission (SEC) has disclosed plans to introduce rules that will guide the issuance of green bonds in the country. This, according to Director-General of the SEC, […] The post Green bonds are coming – Ogbamey-Tetteh

The Trades Union Congress (TUC) has offered its preliminary assessment of the 2021 National Budget by paying particular attention to the policies and programmes geared towards economic recovery, and growth as a means of creating jobs. It notes that figures presented by the caretaker Finance Minister vividly illustrates the damage the pandemic has done to […] The post 2021

Reiss & Co (Ghana) Ltd. announces the appointment of Mr. Jeffrey Sowa as its new Managing Director effective March 21, 2021. The appointment is in line with Reiss & Co. Ghana’s strategy to strengthen its local operations and management in Ghana. “We are delighted with the choice of Mr. Jeffrey Sowa as the Managing Director […] The post Reiss & Co appoints