The Association of Ghana Industries (AGI) says it is open to more partnerships with either public or private investors to create industrial parks that have litigation-free lands and have the required infrastructure that enables businesses to thrive. “One of the key reasons industries are scattered around instead of concentrated in...
Despite an extended government ban on illegal mining and deployment of a joint task force to curb the menace, ‘galamsey’ activities along communities on the River Pra are still prevalent and slowing down efforts to help regain Ghana’s depleting fish stock. David Koomson, the Shama District co-management committee chairman said,...
Ghana’s fastest growing microfinance institute, Vision Fund Ghana has appointed Acheampong Wiredu as its new marketing & communication manager effective 3rd April, 2018. In his new role, Acheampong will be responsible for translating the organizations business objectives into marketing strategies that will drive revenue; lead all marketing activities, including delivery...
Individuals and Businesses from this month are likely to have their interest charged on facilities they access from commercial banks in the country reduced, because the Bank of Ghana (BoG) has set its maiden Ghana Reference Rate at 16.82%. This will see the cost of borrowing by businesses, especially the...
The Bank of Ghana and International Finance Corporation (IFC), a member of the World Bank Group, have signed a cooperation agreement to provide technical support for organisational strengthening at the central bank, and development of Environmental and Social Risk Management (ESRM) guidelines for BoG and the banking industry. Under this...
The President of the Ghana National Chamber of Commerce and Industry (GNCCI), Nana Appiagyei Dankawoso I, has called on commercial banks to reduce their lending rates to reflect the recent cut in the Bank of Ghana’s policy rate. The Monetary Policy Committee (MPC) of the Bank of Ghana, last week,...
Vodafone Ghana has entered into a partnership with Stanbic Bank to digitally empower students of the Kwame Nkrumah University of Science and Technology (KNUST). The two leading institutions in Ghana will team up with Hacklab Foundation to organise a Hackathon in Kumasi aimed at fostering the creation of digital solutions...
The Trust Hospital has introduced a new operational technology, dubbed ‘Electronic Medical Record’ (EMR) that allows the hospital to operate electronically for easy access to patients’ records and updates, as well as to increase revenue. The EMR also serves as a network system that connects all six clinics and three...
Government agencies and private organisations responsible for trade in Niger have called on Ghana to rescue the landlocked nation from what they describe as over-taxation, intimidation, harassment and unfair treatment at the hands of port operators in neighbouring francophone countries. Speaking in Niamey during a Ghana Ports and Harbours Authority...
The cedi’s overvaluation makes imports cheaper and exports uncompetitive, which puts a constraint on economic growth, and could actually stifle government’s own ‘One District, One Factory’ initiative, Managing Director of Dalex Finance Ken Thompson has said. With an over-valued currency, even if these factories commence production, cheaper imports will make...