Saturday, October 23, 2021
Senior Presidential Advisor, Yaw Osafo-Maafo, has said that for industry to be able to absorb the teeming unemployed youth in the country, it is necessary for firms to have access to reliable power at an affordable cost, as that will make them competitive. Speaking on day-3 of the Ghana Economic...
Despite efforts put in place to reduce the energy sector legacy debt, inefficiencies and power-theft remain the biggest challenge, particularly in the distribution of electricity to consumers, Independent Energy Consultant Dr. Nii Darko-Asante has said. According to him, players in the industry, including government, have worked to successfully reduce the...
U.S. Ambassador Stephanie Sullivan joined President Nana Akufo-Addo and other Ghana government officials to formally inaugurate the Pokuase Bulk Supply Point (BSP) in Accra. The U.S. Millennium Challenge Corporation (MCC) funded the US$64.7million (GH₵391.9million) electrical infrastructure project under the Ghana Power Compact. “The Pokuase Bulk Supply Point represents a sustainable infrastructure...
The Chief Executive Officer of the National Pensions Regulatory Authority (NPRA), Hayford Atta Krufi, has assured that adequate measures have been put in place to prudently invest pension funds of cocoa farmers under the Cocoa Farmers Pension Scheme to benefit contributors. The scheme commenced on October 1, 2021 and is...
With the existing financing gap for infrastructure in the country, the Deputy Managing Director of the Ghana Stock Exchange (GSE), Abena Amoah, has recommended that the Ghana Infrastructure Investment Fund (GIIF) issues an infrastructure bond on the fixed income market to close the gap. According to the World Bank, Ghana's...
Izwe Savings and Loans Plc (Izwe) has formed a partnership with the Greater Accra Regional Secretariat of the Ghana Private Road Transport Union (GPRTU) to finance 20 brand new Toyota Hiace minibuses to be procured in tranches of 10 buses at a time. This is part of a broader strategy...
Minister for Information Kojo Oppong Nkrumah has reiterated that the private sector has the capacity to absorb the country’s teeming youth seeking for job opportunities. According to him, even though a vibrant public sector can provide some number of employments, the main purpose of the government is to create an...
Even though startups are faced with numerous challenges, lack of adequate information remains the biggest threat to nascent businesses - and addressing this gap is crucial for the prosperity of startups, a panel of seasoned experts at the Ghana Economic Forum has said. Addressing the challenges faced by startups on...
The Country Director-Mastercard Foundation, Nathalie Akon Gabala, has emphasised that two flagship programmes of the organisation and its partners, Youth Economic Forum (YEF) and the Young Africa Works (YAW), will unlock opportunities for young men and women in the agriculture sector to realise their entrepreneurship dreams. She said Mastercard Foundation...
As further evidence of its commitment to ensuring that the impending central bank digital currency, the e-cedi, will fulfil its role as a driver of financial inclusion, the Bank of Ghana (BoG) has assured that the currency will be equipped with offline capabilities for areas with limited connectivity and...
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