The creation and implementation of strong policies and standards for local sourcing are vital to enable a sustainable raw material base for inward-looking sourcing approach by industries, Managing Director of Fan Milk Ghana, Ziobeieton Yeo, has iterated. He stated that one of the major cost drivers in the line of sourcing raw materials is the […] The post Strong
Ghana is on the verge of becoming the inaugural African nation to issue Forest Law Enforcement Governance and Trade (FLEGT) licenses. This monumental achievement is expected to be finalized in 2024. It came on the back of the 11th Joint Monitoring and Review Mechanism (JMRM) meeting held between Ghana and the European Union (EU) in […] The post Country
The 9th Girls in Aviation Day has been observed at Kotoka International Airport. The day is celebrated globally by the various chapters of Women in Aviation International (WAI) to inspire young women to take an interest in aviation. In Ghana, the event was organised by WAI Ghana Chapter, comprising women professionals working in the Aviation […] The post Girls
In the dynamic landscape of the business world, effective decision-making is the linchpin of success. Business leaders often face a myriad of choices, from routine operational matters to high-stakes strategic decisions. To navigate this complex terrain, leaders must understand the distinction between structured and unstructured decision-making approaches and when to employ each. In this article, […] The post
This article centres on a discussion of Ghana’s current position on the admissibility of electronic records in trials. Trial based on the admission of electronic records as evidence has increasingly become a great concern to legal institutions of various jurisdictions across the country – due to cybersecurity issues and lack of proper implementation for policies […] The post
Cocoa Merchant Company (CML) has entreated cocoa farmers to take advantage of government’s digital reforms, such as the ‘Ghana Card’, to prepare for the digital economy since it is crucial for their long-term sustainability and efficiency. Given that CML is committed to promoting the penetration of digital financial payment services among cocoa farmers, the Managing […] The post
Agile is an approach to managing projects and developing products that emphasize flexibility, collaboration and a focus on delivering value to customers. Its core principles include iterative work, customer feedback and adaptive planning. Implementing Agile at scale in large enterprises is crucial, because it allows these organizations to become more responsive, efficient and customer-oriented. In […] The post
NITA is the regulatory authority for information communication technology (ICT) and electronic transactions in Ghana but lacks the (Legislative Instrument) LI to provide legal framework to regulate the ICT sector effectively. This regulatory oversight is essential for promoting fair competition, maintaining quality standards and protecting the rights and interests of all stakeholders. The LI also […] The post
In a recent article authored by Ghana’s Minister for Finance Ken Ofori-Atta, there was a resolute expression of support for the Bank of Ghana (BoG). This endorsement comes amid the backdrop of pressing economic concerns in Ghana, including excess money supply by the Bank of Ghana, which resulted in alarming inflation figures, heating up to […] The post
In order to strengthen capacities for effective humanitarian assistance by providing participants with thorough knowledge and skills of the humanitarian sector, a Humanitarian Assistance and Women, Peace, Security in West Africa Core Course (HAWA WPS CC) has opened at the Kofi Annan International Peacekeeping Centre (KAIPTC) in Accra. It will enhance interaction and mutual understanding […] The post
Valuation refers to an estimation of the worth of something. In the language of finance, valuation is looked at as a god-complex. However, Maser Group’s CEO, Prateek Suri views valuation as not just a number but a process. Herein, we take a look at Prateek’s insight on valuation and its impact on businesses. In conversation, […] The post Valuation
The Global Healthy Living Foundation (GHLF), an international U.S.-based non-profit organization committed to improving the lives of people with chronic disease through better access to care, education, support, advocacy, and patient-centered research, has announced a new partnership with Darna Center, the Global Center for Gender, Race and Health Equity, a U.S.-based center with a mission […] The post
The Ghana Export Promotion Authority (GEPA) has indicated its partnership with the African Coconut Group (ACG) to hold the third edition of the International Coconut Festival in Secondi-Takoradi. The festival which is themed: “Invest in Ghana’s Coconut Sector for an Inclusive Climate and Social Resilience,” was officially launched in August this year at the La […] The post
This year’s 16th Ghana Premier Business and Finance Excellence Awards and 6th Ghana Business Leaders Excellence Awards ceremonies have been scheduled to take place simultaneously at the Coconut Grove Regency Hotel on Friday 29th September 2023. The joint Awards Dinner, with the theme ‘Business and Finance – Responding to the Challenges of Internal and External […] The post
The nation’s financial sector assets’ value in nominal terms has almost doubled – recording a growth of 94.96 percent between the end of 2017 and 2022; a period marked by sector clean-ups, the COVID-19 pandemic, Domestic Debt Exchange Programme (DDEP) as well as recapitalisation of institutions in the sector. This was contained in the Ghana […] The post Financial
The Bank of Ghana (BoG) Monetary Policy Committee (MPC) has kept the benchmark policy rate unchanged at 30 percent due to the stability observed in the macroeconomy, as indicated by the recent decline in domestic inflation. The decision was revealed following conclusion of the 114th MPC meeting, where the committee highlighted its commitment to managing […] The post BoG
The Ministry of Energy has disclosed that the proposed US$620million Ghana National Petroleum Corporation loan from Lukoil International Trading and Supply Company (LITASCO) SA will be laid before parliament for approval next month. According to the ministry, the GNPC is seeking the funds and has so far obtained board approval, upon which the sector ministry […] The post
While the cost of Ga kenkey to consumers in Accra has been rising over the last year in line with national food inflation, new research by The Kenkey Index unwraps the dynamics of kenkey prices and shows early signs of easing the squeeze on kenkey lovers. What is the price of kenkey? GH¢2? GH¢3? GH¢4? Now, kenkey even […] The post
Only five banks scored above the 98% threshold in the 2022 Chartered Institute of Marketing Ghana Customer Satisfaction Index. This marks a significant improvement over the 2021 edition, when only two banks met the threshold. The survey, organised by the Chartered Institute of Marketing, Ghana, indicated that Universal Merchant Bank (UMB) topped the list – […] The post
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