The general price levels of goods and services in July 2020, considered on monthly basis, shows that price increment, especially of food items, are returning to normal, even though headline inflation has recorded its highest year-on-year rate since August 2019. Data published by the Ghana Statistical Services (GSS) show that,...
GH¢5m in cyber fraud GH¢8m in fraudulent withdrawals and forgery of documents GH¢9m in ATM/POS fraud The number of fraud cases which occurred in banks in 2019 have increased over what was recorded a year ago, with some of the cases largely perpetrated by staff, thereby,...
Senior Minister, Yaw Osafo-Maafo has announced government’s support for Sewerage Systems Ghana Limited (SSGL), a subsidiary of Jospong Group of Companies, to enable the company expand and replicate its waste treatment plants across the country. According to him, government was impressed with SSGL’s operations and how it was handling both...
The National Entrepreneurship and Innovation Programme (NEIP) Greenhouse Estate Project, West Africa’s biggest greenhouse project, was officially outdoored yesterday at Dawhenya in the Greater Accra Region by the President, Nana Addo Dankwa Akufo-Addo. Unveiling 75, out of the total 1,000 green houses and entrepreneurship and innovation centre for training, the...
MIGA, a member of the World Bank Group, has issued guarantees of up to US$235million to a wholly-owned subsidiary of South Africa’s FirstRand group for a period of up to 15 years, covering the subsidiaries’ mandatory reserves held as per regulatory requirements in Botswana, Eswatini, Ghana, Lesotho, Mozambique, Nigeria...
Ghana Cocoa Board (COCOBOD) has rolled out a rehabilitation programme for cocoa farms affected by the swollen shoot disease in the Western North Cocoa Region. As part of the rehabilitation exercise, COCOBOD has directed all diseased cocoa trees to be cut down for re-planting with new hybrid cocoa seedlings. Cocoa production...
It has been widely reported that barring any unforeseen circumstances, the Customs division of the Ghana Revenue Authority (GRA) will not allow into the country, importation of cars that have been defined according to the Customs Amendment Act 2020 as salvaged or do not have clean title by the...
Prudential Bank Limited has donated GH¢200,000 to the COVID-19 National Trust Fund in Accra. This is in addition to earlier donations made by the indigenous bank to the Ghana Association of Bankers, Ghana Tourism Authority, Ghana Immigration Service, and Noguchi Memorial Institute for Medical Research in the fight against the...
Daniel Sackey, Managing Director of Ecobank Ghana, has said the bank’s already active digital products, led by Ecobank Mobile App, have seen increased uptake in usage from 70% to 90% as a result of the COVID-19 pandemic. With merchant products such as Ecobank Omni Lite and Omni Plus for businesses...
Government, through the Ministry of Communications and its implementing agency National Information Technology Agency (NITA), is deploying the Smart Workplace solution to all Ministries, Departments and Agencies (MDAs), and Metropolitan, Municipal, and District Assemblies (MMDAs). The pilot of ‘Smart Workplace solution’ commenced in 2018.  However, government accelerated its deployment with...