Tuesday, November 30, 2021
…as inflation bares teeth Quartey says it is right decision for now The Monetary Policy Committee of the Bank of Ghana has, for the first time since May 2018, hiked the policy rate by a 100 basis points, citing inflationary pressures as the main reason. Inflation for October...
The Start Column In the 22nd October 2021 publication of the B&FT Newspaper, the Chief Executive Officer of UMB Bank, Nana Dwemoh Benneh speaking at the 10th Ghana Economic Forum during a panel discussion on the topic "Contemporary approaches to financing start-ups; insights from key industry players" was reported to...
The Bank of Ghana has maintained its stance on consumer inflation, projecting it to remain within the medium-term target of 8 percent with a band of ±2 percent in the near-term - barring any unforeseen shocks. This, per the bank, will broadly be driven by food prices - which reflect...
The Malian Ambassador to Ghana, Abdoul Kader Toure, has paid a working visit to Dawa Industrial Zone in the Ningo-Prampram district of the Greater Accra Region, and the Meridian Industrial Park at the Tema Free Zones Enclave. The Ambassador was accompanied by Mme. Sangare Oumou Kondo, the Second Consular, and...
The rising cost of shipping goods is having a negative impact on businesses, particularly small and medium enterprises (SMEs) as well as consumers, Finance Minister Ken Ofori-Atta has said. The situation, according to him, stems from the harsh effects of the Coronavirus pandemic that hit the country and other global economies...
Deputy Director-General of Operations and Benefits at the Social Security and National Insurance Trust (SSNIT), Laurette Korkor Otchere, has revealed that the Trust withheld the pensions of about 24,333 pensioners, amounting to GH¢186.58million, as of November 2021. These are people who have not re-enrolled biometrically or not completed/renewed their Pensioner...
The Chief Operating Officer of Republic Bank (Ghana) PLC, Mr. Benjamin Dzoboku, has touted Republic Bank’s readiness for Digital Transformation through the introduction of innovative services powered by technology.  He made this assertion when presenting his keynote address at the 3rd Annual Africa Digital Banking Summit 2021 - Innovation...
…as it will end unfair competition, create jobs The local oil palm industry says government’s decisions to reverse the 50 percent benchmark value on some imported products is apt, as it will make the industry more competitive against foreign products, thereby, bringing back jobs that were lost as a result...
Nguvu, Ghana’s leading producer of all natural and authentic shea butter cosmetic products has announced the launch of its latest Mr. R2G Men’s Grooming Kit. In addition to the launch of the grooming kit, management of Nguvu have also unveiled Reggie Rockstone as the brand ambassador for the line. As...
Plumbing training in Ghana has received a boost with the inauguration of a state-of-the –art training facility in Accra under the Grohe Installer Vocation Education (GIVE) Programme, an innovative brand strategy of sanitary industry leader, GROHE, which seeks to raise a generation of skilled installers for the sanitary industry. The...
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