Atuahene warns crowding out will slow recovery The new banking sector report (March 2021) has shown that government’s borrowing appetite is crowding out the private sector, as banks prefer investing in government instruments such as Treasury bills and securities rather than lending to the businesses community. According to...
The country remains in the top-ten investment destinations on the continent, thanks to its political stability and investment policies; but it needs to address high energy costs, unstable supply of utilities, weak currency, land tenure issues which complicate acquisition and registration, local content requirements in certain sectors, and corruption. Prof....
The CEO of First National Bank (FNB) Ghana, Dominic Adu, has reiterated the need to support Small and Medium Enterprises (SMEs) to drive the country’s economic growth agenda. SMES in Ghana are still recovering from negative impacts of the COVID-19 pandemic. A COVID-19 Business Tracker Survey conducted by the Ghana...
The burden of Ghanaians will be worsened if government fails to withdraw its decision to increase margins on some petroleum products, Institute for Energy Security (IES), has warned. The think-tank in a statement, described the decision by the National Petroleum Authority (NPA), which saw GHp3 per litre added on all...
Chief Executive Officer of IT Consortium, Romeo Bugyei, has said he is confident Ghana is on the right path as the country focuses on digitisation to drive development. He said there is now hope, since Ghanaian technology companies are now showing up massively in the technology market across Africa. Citing IT...
…seeks funding support to penetrate international markets Woodeck Company Limited, a wholly owned Ghanaian wood processing entity, has officially opened an ultramodern processing factory and showrooms to increase productivity and enhance quality of services provided to the citizenry. According to management, the installation of efficient top-notch technology such as automatic...
Africa’s leading pay TV service provider, StarTimes will broadcast all 51 games of the UEFA EURO 2020 tournament across its five sports channels live and in HD. StarTimes secured Broadcast rights for UEFA Euro 2020 in 2019 for countries across sub-Saharan Africa, on all media platforms. With this acquisition, StarTimes...
It seems a million years have gone by Since a people treasured a good name And measured it above silver and gold Much more above the most prized of diamonds Few were those whose names Embellished indelible deeds But many were who responded to appellations Just to spell out a feat so fruitless So Kawambire rose to...
Management of Ghana’s number television station, TV3 Network, has announced the return of its popular music show, Music Music. The new season of the show is expected to start airing on Saturday, May 1, 2021 at 8PM. According to the management of the station, the new season of Music Music...