By Samuel SAM Africa loses an estimated US$88.6billion each year to illicit financial flows, undermining foreign direct investment (FDI), development assistance and national efforts to fund economic transformation, according to a recent report by the Financial Intelligence Centre (FIC). The loss, which stems from capital flight, money laundering, tax evasion and proceeds of crime – […] The post Africa
Clozar Group, a company focused on streamlining cross-border commerce for businesses across West Africa, has launched a ‘GH?1,000,000 Entrepreneurship Fund’ to support small and medium-sized enterprises (SMEs) to scale up and grow as part of its first anniversary celebration. Clozar, a global marketplace for buying and selling products, offers a range of services including order […] The post Clozar
Four banks have demonstrated resilience not only in financial management, but also in sports, as their football teams have secured early qualification to the quarter-final stage of the 2025 Bankers League Gala. The staff teams of the four banks – Zenith, Stanbic, UMB and CalBank – proved superiority over their colleagues in fitness, agility and […] The post Four teams
By Elizabeth Punsu, Kumasi Government is positioning the country as the regional hub for Electric Vehicle (EV) manufacturing in West Africa, according to the Minister for Energy and Green Transition, John Abdulai Jinapor. Speaking at the Kwame Nkrumah University of Science and Technology (KNUST) and China’s Hubei University of Automotive Technology International Joint Research Centre’s […] The post Gov’t
The first National Baseball League was launched over the weekend with the outlining of an ambitious vision for the future of baseball in Ghana. President of the Ghana Baseball and Softball Association, Ernest Danso, speaking at the launch, which took place at Koshen Park, Labone SHS, described the launch as a “giant leap forward” for […] The post Maiden Baseball National League launched
Kuipers Breeders Ghana Limited , a leading company in poultry breeding and hatchery, has rallied its support behind Agrihouse Foundation to host the 5th Ghana Poultry Day, scheduled for Tuesday, July 1, 2025, at the forecourt of the State House in Accra. This sponsorship forms part of Kuipers Breeders Ghana Limited’s broader commitment to empowering […] The post Kuipers
The Minister for Communications, Digital Technology and Innovation, Samuel Nartey George, was honoured with the Public Sector Digital Leader of the Year award at the 14th Digital Innovation Awards (DIA) at the plush Labadi Beach Hotel in Accra on Friday. The minister delivered a keynote address under the theme ‘Toward a Strategic Framework for AI’ […] The post Sam
By Christabel Danso Abeam Deep in Ghana’s vast forests, away from public spotlight, a fierce and expensive war is going on against a rampant deforestation and illegal timber trade that is robbing the West African country of resources badly needed for economic development. But the fight against this illegal trade and its threats to the […] The post Inside
By Peter Martey AGBEKO In a historic and fitting recognition of a remarkable journey of leadership and transformative impact, Professor Alexander Nii Oto Dodoo, Director-General of the Ghana Standards Authority (GSA) and immediate past President of the African Organisation for Standardisation (ARSO), has been conferred the title of “President Emeritus” of ARSO — a rare and distinguished honour reserved for the […] The post Prof.
At the recently-held Environmental Sustainability Summit 2025, panellists concurred that the precarious plastic pollution situation in Ghana continues to worsen due to a disjoint between policy and its implementation and lack commitment to promoting investments in viable alternatives. Panellists warned that progress is being hampered by a disconnect between policy and implementation, as well as […] The post Editorial:
First Deputy Governor Dr. Zakari Mumuni has indicated the Bank of Ghana (BoG) plans to introduce new regulatory frameworks for open banking, digital banking and digital credit by end of the year as part of efforts to expand financial access and support small- and medium-sized enterprises (SMEs). He made this known at a public-private roundtable […] The post Editorial:
US$370m awaits IMF board approval By Joshua Worlasi AMLANU The country has received a US$360million disbursement from the World Bank, the first tranche of an anticipated US$730million in foreign exchange inflows aimed at supporting macroeconomic stability and reinforcing national recovery efforts. The injection comes ahead of an expected US$370million from the International Monetary Fund (IMF), […] The post World
By Joshua Worlasi AMLANU ([email protected]) Government plans to mobilise US$4billion for its 24-hour economy initiative by leveraging blended finance, pension funds and diaspora capital. With a seed capital of US$300million, government expects to initiate its programme under the FUND24 framework. The remaining 90 percent is expected to come from private sources through a mix of […] The post Blended
In its quest to increase royalty receipts from mining companies operating across the country, the Minerals Income Investment Fund (MIIF or the Fund) has intensified its monitoring efforts to ensure players in the industry honour their obligations to the state. The exercise, being carried out by the Business Development team of the Fund, is also […] The post MIIF
By Seth KRAMPAH, back from Abuja, Nigeria Africa is still lagging behind in global trade volumes despite its recent impressive growth rate of 12.4%. The continent’s share in global trade remains alarmingly low holding just 3.3%, notwithstanding signs of economic resilience and a strong rebound in merchandise trade, Afreximbank Trade Report has revealed. In spite […] The post Africa
Ecobank Ghana has launched a US$ 31 million concessional financing initiative to accelerate the deployment of solar energy in Ghana, in what is seen as a growing shift toward private-sector-led climate action in West Africa. The programme, known as the Accelerating Solar Action Programme (ASAP), is being rolled out in partnership with the Green Climate […] The post Ecobank
Zoomlion Ghana Limited has deployed 100 out of 200 new state-of-the-art waste management trucks nationwide, with the remaining 100 trucks expected to arrive soon. This initiative aims to boost Ghana’s waste management infrastructure, promoting cleaner and healthier communities across all 16 regions. The nationwide deployment, covering all 16 regions, significantly boosts Ghana’s waste management infrastructure, […] The post Zoomlion
Appolonia City, Rendeavour’s flagship mixed-use urban development in Ghana, is participating in the ongoing Ghana-China Business Summit at the Labadi Beach Hotel in Accra. The high-level event has brought together about 90 Chinese investors, entrepreneurs and business leaders seeking opportunities to invest and collaborate across sectors in Ghana. The summit is part of ongoing efforts […] The post Appolonia
The stage is officially set for the 2025 edition of the Global Trade and Business Awards (GTBA), following a successful media launch held on Friday, June 13, 2025, at the Golden Crystal Hotel in East Legon. The event brought together high-profile diplomats, entrepreneurs, and thought leaders to celebrate Ghana’s leadership in international trade and to […] The post Nominations
…critical to government revenue drive The Ghana Revenue Authority (GRA) has disclosed that key policies in the country’s tax administration laws are expected to be implemented from July 1, 2025, to boost domestic revenue drive for the government. These include the Modified Taxation Scheme, VAT on Real estate, and VAT on Non-Life Insurance. Modified Taxation […] The post Modified Taxation takes off
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