Dr. Ernest Addison, Governor of the Bank of Ghana has emphasized the pivotal role of digital technologies in shaping Africa’s future. Speaking passionately about the urgency of embracing digitization in trade and finance, Dr. Addison at the launch of the 3i Africa Summit highlighted Africa’s strengths, including a tech-savvy youth population, extensive mobile penetration, expanding […] The post
By Buertey Francis BORYOR Business leaders have been reminded of the need to incorporate environmental, social and governance (ESG) principles into their operations and business strategies to enable the world to meet the Sustainable Development Goals (SDGs) target by 2030. The United Nations Global Compact Network Ghana’s Board Chairman, Sulemanu Koney, who made the appeal […] The post
By Abdallah ABDUL-MUMUNI (Dr) Ghana’s economic landscape has changed dramatically since the early 2010s, when oil reserves were discovered off its coast. However, the journey towards harnessing this newfound economic resource has been confronted with challenges, key among them being the volatile nature of international crude oil prices. In this article, we delve into the […] The post
By Ebenezer Chike Adjei NJOKU The total number of active mobile money agents grew by 21 percent to 608,000 in 2023, the recently FinTech Sector Report for 2023 published by the Bank of Ghana (BoG) has shown. The figure represents approximately 88 percent of the 688,000 people employed by the state. This comes amid heightened […] The post MoMo agents flourish despite
By Kizito CUDJOE The Public Utilities Regulatory Commission (PURC) has announced a notable decrease in electricity tariffs for consumers. The latest adjustment will see residential consumers pay 6.56 percent less, while non-residential consumers will experience a decrease of 4.98 percent in their tariffs. The new tariffs takes effect April 1, 2024 and will span three […] The post
By Ebenezer Chike Adjei NJOKU Helen Brand, the Global CEO of the Association of Chartered Certified Accountants (ACCA), has urged stakeholders to prioritise small and medium enterprises (SMEs) in the broader sustainability agenda, citing the critical role SMEs play in driving economic growth, fostering innovation, and creating employment opportunities across the nation. Speaking on the […] The post
By Bernard Yaw ASHIADEY, Atlanta-Georgia Delta Air Lines has assured the Ghanaian travelling public that the international airline is duty-bound to ensure standards are the same across the globe irrespective of where it is flying from or where its final destination is. Rahsaan Johnson, Managing Director, International Communications at Delta, noted that recent suggestions that […] The post
By Buertey Francis BORYOR The Business and Financial Times (B&FT), Africa’s leading provider of business information, and StarLife Assurance Company Limited – a leading life insurer – have renewed their commitment toward deepening existing partnerships and friendship between them. This came to light during a courtesy call by the management of the B&FT on leadership of the […] The post
By Rashidatu IBRAHIM President Nana Akufo-Addo has reaffirmed his government’s dedication to bolstering the poultry industry in Ghana, aiming to reduce the country’s reliance on chicken imports, which has been weighing heavily on the national currency. This commitment comes as part of the second phase of the Planting for Foods and Jobs (PFJ) programme. The […] The post
Africa’s global bank, United Bank for Africa (UBA) Plc, has reaffirmed its unwavering commitment to spearhead economic growth across the continent through targeted policies aimed at maximising the benefits derived from the mining and oil sectors. To this end, the bank is poised to collaborate with the Economic Community of West Africa States (ECOWAS) toward […] The post
In the competitive business world, understanding your enterprise’s financial foundations is beneficial and essential for survival and growth. Among the most crucial financial metrics entrepreneurs must grasp are Profit, Margin, Profit Margin, Net Profit, and Net Margin. Each of these terms, while interconnected, offers unique insights into the financial health and operational efficiency of a […] The post
Ghana’s Parliament has passed the Anti-LGBTQ Bill into law. The bill aims to uphold proper human sexual rights and Ghanaian family values, while prohibiting lesbian, gay, bisexual, transgender, queer (LGBTQ+), and related activities. The Bill in its current form proposes a jail term ranging from six months to three years for those found engaged in same-sex […] The post Parliament
By Mohammed AWAL, Barcelona, Spain Jeffery Zhou, President of ICT Marketing at Huawei, has emphasized the vital role of digital solutions in promoting environmentally conscious urban development. Digital technology is rapidly reshaping the world, supercharging efficiency and productivity across all industries and sectors of society. However, the digital divide is growing, and the benefits of […] The post
The Public Utilities Regulatory Commission (PURC) has announced a substantial reduction in electricity tariffs, effective from April 1, 2024, to June 30, 2024, in a major move to alleviate the financial burden on consumers. Residential Consumers in the 0-300 kWh consumption bracket and lifeline consumers (0-30 kWh) will experience no change (0 percent) in electricity […] The post
Nana Ama Dokua Asiamah-Adjei, Ghana’s deputy minister for trade and industry overseeing International Trade, spearheads the nation’s representation at the 13th Ministerial Conference of the WTO (MC13) in Abu Dhabi, UAE, from February 26 to 29, 2024. Attended by trade ministers from 166 WTO member states, MC13 is pivotal, focusing on crucial agreements spanning agriculture, […] The post
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, is launching SOLV Ghana, a business-to-business (B2B) online marketplace that offers micro, small, and medium enterprises (MSMEs), short-term invoicing financing, buy now pay later services, and business loans via a trusted marketplace of verified buyers and sellers. “At SOLV, our mission is to empower MSMEs […] The post
By UK Minister of State for Development and Africa, Andrew Mitchell Trade is the lifeblood of the global economy – it brings countries and people together and can transform our lives for the better. I’m proud that the UK’s trading offer to Ghana and over 90 other countries is amongst the most generous in the […] The post The World Trade Organisation
AgriConnect Ghana, a collaboration between the SOFTtribe and the Mastercard Foundation, began delivering laptop computers to students at the University of Ghana, the University of Cape Coast (UCC) and the Kwame Nkrumah University of Science and Technology (KNUST) on February 5, 2024. Over 1,000 students have received their laptops and connectivity and thousands more are […] The post
By Emmanuel AKOMEA DMT, a leading collateral manager, has announced its collaboration with Veridapt to transform inventory monitoring and verification in Africa. The partnership underscores the digital shift under way in Africa and worldwide in commodities inventory management. Managing Director for DMT West Africa, Paul Minlah, emphasised the importance of transparency in the industry, stating: […] The post
Huawei has successfully hosted the Huawei Industrial Digital and Intelligent Transformation Summit under the theme of “Leading Digital and Intelligent Infrastructure, Accelerating Industrial Intelligence” during the MWC Barcelona 2024. Huawei invited global customers, partners, and industry leaders to explore and share their innovations and practices in digital and intelligent transformation for industries and small- and […] The post
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS