The first ever Keratoprothesis eye surgery has been conducted in Ghana by the Dr. Agarwal Eye Hospital. Keratoprothesis is a surgical procedure where a diseased cornea is replaced with a partial artificial one. It is reserved for patients for whom traditional penetration keratoplasty – PKP, that is other forms of...
Individuals and Businesses from this month are likely to have their interest charged on facilities they access from commercial banks in the country reduced, because the Bank of Ghana (BoG) has set its maiden Ghana Reference Rate at 16.82%. This will see the cost of borrowing by businesses, especially the...
The African Network of Entrepreneurs (TANOE), through its flagship network, WomanRising has announced its 2017 WomanRising 100 Most Outstanding Women Entrepreneurs (100 MOWE) List. The list, which features Ghanaian women entrepreneurs was compiled by TANOE Research and follows TANOE and WomanRising’s work in promoting achievements and exceptional milestones by women...
Bank of Ghana (BOG) has today announced a reduction in its Monetary Policy Rate (MPR) by 200 basis points from the current 20% to 18%. The cut in the policy rate which is the biggest drop since November 2014, according to the Governor of the Bank of Ghana, Dr. Ernest...
The global beauty industry, according to Euromonitor International, is worth some US$670billion - an indication that Ghana can leverage this industry as it has recently seen growing interest among the youth. From every nook and cranny pops-up beauty shops like hair parlours, skin care shops, nail parlours, spas, cosmetic shops...
The Ministry of Trade has awarded a 10-year third single window contract to Ghana Link Network Services Limited - which has CUPIA Korea Customs Service as its overseas partner. The sole-sourced contract, which was signed on March 29, 2018 and published on the Public Procurement Authority’s (PPA) website, is meant...
Poor corporate governance in the financial sector is to blame for the collapse and struggles of many banks and savings and loans companies in the country, Dr. Williams Abayaawien Atuilik, a chartered economist and banker has said. According to him, research has indicated that some board members of financial institutions...
As commercial banks race to meet the Bank of Ghana’s December 31, 2018 minimum capital requirement deadline, Zenith Bank has become apparently the first bank in the country to officially meet the GH¢400 million benchmark. According to the central bank, banks can either move funds from their income surplus or...
  Background Did you know that getting frustrated over a situation can bring something positive? Well, I didn’t really think about it until I heard the story of Juliet - the brain behind Ga-Soak. Read on as she shares with the B&FT’s Inspiring Start-ups how she got a brilliant idea...
The Minister of Finance, Ken Ofori-Atta, has instructed the Ghana Ports and Harbours Authority (GPHA) to cancel a Concession Agreement with Messers Ibistek Ghana Limited, for the development and operations of on-dock container and multi-purpose terminal at Takoradi Port. The directive cited by the B&FT is contained in a letter...