By Angela KYEREMATEN-JIMOH On 30 October 2024, I will address policymakers, business leaders and international investors at the annual FT Africa Summit in London on strategies for advancing artificial intelligence (AI) and technology in Africa. Consequently, I’ve been exploring the transformative potential of AI in key African markets, and Ghana stands out as a prime […] The post

Africa long a centre of innovation and creativity is fast becoming a hotbed of climate innovation, finding dynamic new ways of addressing the effects of climate change and pollution. Acknowledging Africa’s role at the frontline of the climate battle, The Earthshot Prize – one of the world’s foremost environmental awards initiatives is holding its finals […] The post

The legal profession in Ghana is highly esteemed; and two new lawyers, Kenneth Atsu Dogbey and Martin Waana-Ang, have recently been called to the Ghana Bar as a Barrister and Solicitor of the Supreme Court of Ghana. Martin Waana-Ang, the best-graduating student in his class, earned the prestigious Mensah Sarbah Memorial Award. This article celebrates […] The post

By Elliot WILLIAMS A one-day workshop has been held for selected superior court (high court) judges to update them on the legal framework for insurance contracts in Ghana. The workshop held at the plush Movenpick Hotel in Accra under the auspices of the insurance industry regulator, the National Insurance Commission. The workshop was organized to […] The post NIC

By Wisdom JONNY-NUEKPE A senior lecturer at the Department of Economics, University of Ghana, Dr. Priscilla Twumasi Boafo, has called on government to implement an incentive structure that encourages small & medium-sized enterprises (SMEs) and small firms to adopt Environmental, Social and Governance (ESG) practices. She noted that such incentives will drive compliance and promote […] The post

By Christabel DANSO ABEAM Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) has partnered with the Association of Ghana Industries (AGI) and Ghana Enterprises Agency (GEA) to host Ghana’s maiden Inclusive Business (IB) and Inclusive Green Business (IGB) in Accra. Funded by the German Cooperation through GIZ’s ‘Support to the Private and Financial Sector’ programme, this initiative […] The post

Policymakers are being urged to remain vigilant and direct economic strategies in response to emerging global risks. the IMF’s latest World Economic Report highlights that the global economic outlook remains fragile despite promising signs of recovery. Key risks, such as regional conflicts, climate shocks and migration slowdowns require urgent action. Pierre-Olivier Gourinchas, Economic Counsellor and […] The post

By Kizito CUDJOE Major donors and the World Bank are considering a US$105billion cap for the replenishment of the International Development Association (IDA), falling short of the US$120 billion sought by African leaders, a new report by the African Future Policies Hub revealed. The report, ‘Assessing Progress toward Reforming the Global Financial Architecture: An African […] The post

By Deborah Asantewaah SARFO The President of the Development Action Association (DAA), Grace Quaye, has called on the government to deal with the long-standing gender disparities in the agriculture and fisheries industries. Addressing stakeholders, international partners and members of DAA at the 2024 International Day of Rural Women (IDRW), she noted that addressing the gender […] The post

GH¢2.5billion in bonds owed to the Social Security and National Insurance Trust (SSNIT) has been paid by government. Director-General Kofi Osafo-Maafo made this known during a speech at a stakeholder engagement with pensioners in Kumasi. He further mentioned that as of August this year, SSNIT had paid well over GH?3.7billion in pensions to over 250,000 […] The post SSNIT

By Rashidatu IBRAHIM An all-women-owned investment consortium that incorporates Rumbi and Zithezava has concluded a transaction acquiring a 28 percent stake in Big Five Duty Free (Big Five), one of Africa’s foremost duty-free retailers. This transaction marks a significant increase in the company’s transformation, which will see Big Five’s Broad-Based Black Economic Empowerment (BEE) ownership […] The post

…as it intensifies public education By Ernest Bako WUBONTO The Public Utilities Regulatory Commission (PURC), Volta/Oti Regional Office, has intensified its public education activities, engaging about 5,482 stakeholders and the general consuming public, In the third quarter of 2024. The initiative aims to create awareness and educate utility service consumers on best practices to reduce […] The post

By Kizito CUDJOE A power systems economist, Dr. Elikplim Kwabla Apetorgbor, has proposed a bold new strategy for the country to explore in tackling its mounting energy sector debts by leveraging natural mineral resources for debt-swaps. The proposal aims to address over US$2.3billion of arrears owed to Independent Power Producers (IPPs) and reduce government’s annual […] The post

By Deborah Asantewaah SARFO Despite a 59 percent decline of attempted fraud cases within the banks and Specialised Deposit-Taking Institutions (SDI) sector in 2023, the total loss value surged to approximately GH¢72 million – indicating a 29 percent increase over the GH¢56million recorded in 2022. Across the two sectors, total value of fraud cases reported […] The post

…Kpong Irrigation Scheme, others to benefit The Ministry of Food and Agriculture (MOFA) has launched a major initiative to rehabilitate and modernise the Kpong Irrigation Scheme (KIS). The initiative, supported by the West Africa Food System Resilience Project (FSRP) and backed by a US$22.6million investment from the World Bank, aims to significantly boost agricultural productivity […] The post

By Joshua Worlasi AMLANU, Washington DC Bank of Ghana (BoG) Governor Dr. Ernest Addison has engaged in a series of crucial meetings at the ongoing International Monetary Fund (IMF) and World Bank Annual Meetings in Washington, DC. His engagements aim to strengthen strategic partnerships that could influence the future of Ghana’s economic and financial development. […] The post Governor

By Elizabeth PUNSU, Kumasi Commissioner-Customs Division, Ghana Revenue Authority (GRA), Brigadier General Zibrim Ayorrogo has stated that Customs will continue to inspect already-cleared goods in transit when necessary. Over the years, some importers and manufacturers – including members of the Ghana Union of Traders Association (GUTA) in Ashanti Region – have expressed concern about the […] The post

The Ghana Business Awards has shortlisted a total of 126 individuals and businesses for honours for the seventh edition of the prestigious event. The shortlisted nominees who have made significant contributions towards driving a sustainable and innovative climate era, will be recognized for their exemplified qualities of leadership, sustained business performance, integrity, corporate vision, and innovation. […] The post