Rand Merchant Bank (RMB), the corporate and investment banking arm of First National Bank, projects that a combination of exceptional services sector growth, a faster than expected rate of vaccinations, and higher than expected oil prices are to fuel economic growth in Ghana to pre-COVID-19 levels. This is on...
The Japan International Cooperation Agency (JICA) in collaboration with Ministry of Local Government and Rural Development (MLGRD), Ghana Productive Safety Net Project (GPSNP) and Department of Feeder Roads (DFR) conducted a dissemination Seminar on Labour-based Bituminous Surfacing Technology (LBST). The aim of the Seminar is to expand the knowledge in...
The Puma Energy Fise Station has rewarded loyal customers with the highest prize being a car as part of its five-year anniversary. Paul Buabeng, a Taxi Driver won a Suzuki Alto, beating hundreds who entered the draw. Other prizes won on the day include motorbike, home and electronic appliances such...
Abosso Gold Field Limited (AGL), through the Gold Fields Ghana Foundation (GFGF), has presented educational materials worth GH¢258,750 to the Ghana Education Service (GES) Directorate at Prestea-Huni Valley Municipality in the Western Region. The items include 900 mono-desks to 14 host communities of Abosso Gold Fields; six desktop computers; two...
The share of exports from Africa to the rest of the world ranged from 80% to 90% between 2000 and 2017. This has created a growing demand for Africa to be less dependent on commodity exports and focus on regional commerce. Not only does this decrease export dependence, but...
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, is not happy with the level of non-performing loans being recorded by commercial banks. According to him, data available to the BoG show that “a large chunk of non-performing loans is due to firms that are supposedly doing well, with some...
… starting with Junction Mall from Friday The Ghana Interbank Payment and Settlement System (GhIPSS) together with partner institutions are holding series of activities at the country’s major malls, to create awareness and adoption of GhQR for payments. The first in the series begins this Friday and Saturday at the...
Despite the discomfort posed by the COVID-19 pandemic to industries across various sectors of the economy, pharmaceutical products manufacturer Intravenous Infusions PLC has made a profit of GH¢1,450,885 - resulting in an increase of retained earnings by 36.6 percent. The amount for retained earnings, which constituted GH¢4,210,486 in 2020 was...
Vodafone Cash, miLife and Millennium Insurance have launched their redesigned and improved micro-insurance product under the new name ‘miFuture’. The revamped life and disability insurance product can be accessed from any Vodafone number or via the Vodafone Cash platform menu. miFuture is born out of a collaboration between Vodafone Cash,...
...targets 40% pensions coverage by 2026 The National Pensions Regulatory Authority (NPRA) has retrieved GH¢6.2million from employers who have defaulted in payment of their workers’ pension contributions. About 15 other defaulting companies are being processed for prosecution, for failing to comply with a directive by the authority to either pay their...