As one of the highlights of the 8th CEO Summit and Awards held in Accra, Kofi Adomakoh, the Managing Director of GCB Bank, was honored with the prestigious title of Banking CEO of the Year. This accolade, the awarding body said, underscores Mr. Adomakoh’s exceptional leadership and strategic vision has propelled GCB Bank to new […] The post GCB
lowest since 2021 as trade surpluses mask lack of real growth By Joshua Worlasi AMLANU Cocoa exports plunged in the first quarter of 2024 – dampening growth of the country’s trade surplus, fresh data have shown. While the surplus is widening in nominal terms, this has been mainly due to rising prices rather than increased […] The post Cocoa exports tumble appeared first on
By Rashidatu IBRAHIM Chief Executive Officer-Association of Ghana Industries (AGI) Seth Twum Akwaboah has reiterated the need for long-term national development policies and plans which ensure economic stability. This, he noted, will strengthen the private sector, which is a major driver of the economy, to thrive. “Our economy has gone through turbulent times, and even today […] The post
By Felix Gomashie In today’s dynamic business landscape, the accounting profession is at a pivotal crossroads, facing an urgent and transformative challenge. The relentless demand for transparency, accuracy, and consistency in financial reporting has never been more intense. New accounting standards that demand immediate and proactive adaptation are at the forefront of this revolution. This […] The post
Ghana and the African Development Bank have signed the Indicative Operations Programmes outlining the projects to be implemented between 2024 and 2025. The propose projects encompass support to Small and Medium Enterprises, Agriculture, Skills Development, including digitalization for a total grant amount of US$103 million grant. They also signed a five year country strategy document […] The post
By Kwame MENSAH The Ghana Hairdressers and Beauticians Association of Ghana (GHABA) has held its 7th Quadrennial Delegates Conference at the GNAT Hall in Tamale, Northern Region. The Association which is a member of the Industrial and Commercial Workers Union (ICU-Ghana) had its key note address delivered by the General Secretary of ICU- Ghana, Mr. […] The post
Dr. Mohammed Amin Adam has thrown his weight behind calls for establishing an African sovereign credit rating agency. He argues this would ensure a balanced, accurate, and comprehensive assessment of credit risks, facilitating access to competitive capital and fostering domestic financial market development across the continent. In a media interview discussing Ghana’s economy and other […] The post
By Kizito CUDJOE Senior Presidential Advisor, Yaw Osafo-Maafo, has stressed the critical importance of capacity-building in the country’s ambitious plans to integrate nuclear power into its national energy mix, amid global climate change mitigation efforts. Speaking at the third edition of the Africa Nuclear Business Platform meeting in Accra, he said the energy security of […] The post
Reflo’s Company Ltd, a leading producer of quality sanitary pads in Ghana has reaffirmed its dedication to supporting women’s health and well-being during the celebration of this yaer’s Menstrual Hygiene Day, In a statement, CEO Rebecca Osam emphasized the importance of menstrual hygiene and the company’s commitment to providing affordable and high-quality sanitary products. “Happy […] The post
African Bank of the Year for second year running Clinches deal of the year in Afreximbank wins big at African Banker Awards African Export-Import Bank (Afreximbank), for the second year in a row, has emerged as a double winner at the African Banker Awards, winning both the ‘Bank of the Year’ and ‘Deal of the […] The post Afreximbank wins big at African Banker
By Vera Songwe Kenyan President William Ruto’s recent visit to the United States could well mark a turning point in US-Africa relations. Closer cooperation would yield mutually beneficial results on issues ranging from economic growth to planetary sustainability. Yet a lack of investment, depreciating currencies, and high interest rates are choking African economies and derailing […] The post
Ghanaian tech influencers, Dessy and Delppy, have been selected by META, the parent company for Facebook, Instagram, and WhatsApp, to push the company’s new AI innovations and make the technology more accessible to the Ghanaian community. Real names – Emmanuel Fianko and Desmond Ofori Appiah, Delppy, and Dessy are leading the charge in promoting META’s […] The post META
By Samuel Koranteng, ADJEI Microfinance is a distinct type of lending that has been practiced for a considerable period of time. As defined by the Central Bank of Nigeria (CBN) in its 2005 policy document launched to mark the United Nations International Year of Microcredit, microfinance is basically providing financial services to the poor, who […] The post Digitalization
The United States Government, through the U.S. Agency for International Development (USAID) is investing $742,000 (10.8 million Ghana Cedis) in fonio production to increase food security and improve farmers’ livelihoods in northern Ghana. This funding will support AMAATI, a Ghanaian social enterprise, to expand its fonio processing capacity from three to ten metric tonnes per […] The post
I recently travelled out of the country and one way we usually keep up with news back home is updates on social media. One concerning update was videos and images of Accra a washed with floods. If you live in the capital, you know this isn’t new but with each passing year the degree and […] The post REAL
By Tarsicius Edem Dorpenyo Since time immemorial, traders at the Makola Market, many of whom have had little formal schooling, have developed their capacity to detect client requests, respond to shifting trends, and flourish in a dynamic and competitive business environment without formally gathering and assessing data before making judgements. Their intuitive approach to market […] The post
The Pan African International Students (PAIS) movement, an organisation committed to the welfare and success of international students, particularly those from Africa, has issued an urgent appeal to the government to, as a matter of urgency, address the concerns of the stranded Ghanaian students studying in Morroco. A few days ago, reports emerged of these […] The post
By Mohammed AWAL, Beijing, China ([email protected]) In an era when media landscapes are continuously evolving, a transformative two-week seminar held in Beijing has brought together senior media professionals from Belt and Road Initiative countries to chart new courses for traditional media development and enhance international cooperation. This seminar, organised by the Research and Training Institute […] The post
By Korsi DZOKOTO Recent discourse surrounding currency speculation has often painted it as a key culprit behind the instability of the Ghanaian cedi. Critics, including the Minister of Finance, have attributed much of the cedi’s depreciation to the actions of currency speculators, suggesting their influence is predominantly negative. However, this perspective overlooks the essential and […] The post
By Kizito CUDJOE The African Petroleum Producers’ Organization (APPO) has wrapped up its roundtable on gas flaring and fugitive methane emissions, with industry stakeholders pledging to combat environmental challenges through joint initiatives, stringent policies, and innovative technologies. The two-day event, held in Accra, was co-organized by the Petroleum Commission and brought together delegates and experts […] The post
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