…as Ghana Enterprise Agency begins operations
President Nana Addo Dankwa Akufo-Addo has announced that government, through the newly established Ghana Enterprises Agency (GEA), will be providing some GH¢145million to support Small and Medium Enterprises (SMEs) accelerate their growth.
According to him, the capital will be disbursed through the ‘GEA SME Grand Fund’ and is...
Founded in 2011, Izwe Savings and Loans Plc is a Ghanaian non-bank financial institution that specialises in personal finance loans, business loans, asset-backed finance, savings & investment and offers tailored to the needs of people from all walks of life including entrepreneurs, traders, teachers, soldiers, healthcare workers, business owners...
...but sector holds firm to emerge economy’s lead export earner
Gold production in 2020 fell 12.1 percent - the highest decline since 2014 - from 4.577 million ounces in 2019 to 4.023 million ounces, the Ghana Chamber of Mines said in its 2020 annual report, citing COVID-19.
Despite the decline in...
As gov’t partners Jospong in ensuring clean Ghana
President Nana Addo Dankwa Akufo-Addo has announced that the next phase of Ghana’s waste management is to convert trash to energy.
He indicated this will add to Ghana’s energy capacity and also ensure realisation of the Clean Ghana agenda.
According to him,...
TECH FOR GOOD:
In response to the growing menace of mistrust and scams within the online commerce space, a new Mobile Money escrow service called Move Secure has been launched to facilitate safe and secure transactions on Mobile Money.
The service operates by holding money in trust till both vendor and buyer confirm...
A GH¢100million fund has been set up by the Ghana Enterprises Agency (GEA), formerly National Board for Small Scale Industries (NBSSI), to help support and reinvigorate the operations of Micro, Small and Medium Enterprises (MSME) across the country.
The fund went into effect with the official launch of the GEA...
The Asantehene, Otumfuo Osei Tutu II, has during a courtesy call on him by the Managing Director of FBNBank Ghana and his team intimated that the Traditional Council is facilitating the perfection of leases, to enable businesses and property owners access credit from banks at one-third the usual cost.
During...
The Chief Executive Officer of Ghana Enterprises Agency (GEA) Kosi Yankey-Ayeh has said that Micro, Small and Medium Enterprises (MSME) would be better positioned to drive economic growth as well as improving the quality of lives of citizens.
According to her, one of the aims for establishing the GEA is...
A resource handicapped Securities and Exchange Commission (SEC) poses far more systemic and structural risks to the development of Ghana’s relatively young capital market, Kojo Addae-Mensah, CEO of Databank Group, has said.
Despite the SEC’s recent market actions via directives to institutions it regulates and general awareness creation about its...
Gov’t working to revive company’s fortunes
Debt reaches more than US$340m
The reliability on imports of crude oil and its finished products for processing at the Tema Oil Refinery (TOR) is still deepening the company’s financial woes, Deputy Minister designate for Energy, Andrew Egyapa Mercer, has admitted.
He said the...