Local producers of oil palm have hailed government’s decision to exempt oil palm from the 50 percent reduction in the benchmark value of imports. The move will give local manufactures some competitive advantage over foreign production and help to sustain jobs in the oil palm value chain. A statement from...
Difficult access to affordable finance and elusiveness of modern industrial equipment and technology have been cited as major challenges undermining the development of the cashew processing sub-sector, especially among small-scale factories in the country. These underlining industrial challenges have culminated with factors such as high labour cost and unfavorable electricity...
As part of its ongoing efforts to tackle child labour in the cocoa sector, Cargill has announced progress on measures and partnerships taken to reduce child labour incidences in cocoa farming communities of the world. The company has been partnering cocoa-farming communities to identify, remediate and prevent child labour through...
… move can avert future costly financial sector cleanup scenario Auditing Firm, KPMG, is making a case for the establishment of a whistleblowing department to be made mandatory before regulators give out new or renew the licenses of companies. According to KPMG, the move is critical to ensure the sustainability of...
Even though the coronavirus pandemic has wrecked many sectors of the economy and plunged businesses into disarray, there is a positive side of the virus as it is pushing the cash-lite agenda of the country, according to data from the Bank of Ghana. The Summary of Economic and Financial data...
Afia Asantewaa Asare-Kyei, one of 20 new members of an Oversight Board at Facebook, has stated that her new role would not be used to protect Facebook but rather push for transparency and freedom of expression. “I have no intention or interest in protecting Facebook and I would not have...
Ghana Revenue Authority GRA in collaboration with the Ghana Link Network Services Limited and the Ghana Ports and Harbours Authority GPHA have successfully conducted a simulation exercise for the new Integrated Customs Management Systems (ICUMS). The exercise which included the Meridian Port Services (MPS) Limited, Ghana Shippers Authority GSA, Shipping...
New Crystal Health Services (NCHS) has secured a capital injection of approximately 5.7 million dollars, as it seeks to take its services a notch higher in the provision quality healthcare.  The capital injection comprises a loan of US$2.5 million from International Finance Corporation (IFC), the private sector arm of the...
Huawei has once again supported Ghana’s fight against the COVID-19 pandemic through the use of innovative technology. The Tech giant has this time donated two sets of ultra-modern intelligent Video Conference facilities and five sets of hi-tech body temperature-sensing cameras to the Presidency. The donation, which took place at Jubilee...
Rural and Community Banks play a vital and unique economic role in rural communities by providing credit to small scale farmers and small businesses, as well as the very low income earner They also support rural development projects through corporate social responsibility activities. Currently, there are 144 Rural and Community...

This will close in 10 seconds