Food Outlook report assesses global supply and demand for major food commodities Growing rice in the Philippines. Food markets will face many more months of uncertainty due to COVID-19, but the agri-food sector is likely to show more resilience to the pandemic crisis than other sectors, according to a new report...
The Ghana Commodity Exchange has signed a partnership with Role Model Africa to facilitate internship placement for hundreds of tertiary students across Ghana through the Internship Recruitment Forum. The forum which is designed to provide students with first hand industry experience has secured placement slots in several companies in various...
The Ghana Revenue Authority (GRA) has locked up an unlicenced Chinese Factory - Everyday Manufacturing Ltd. - located at the Awutu Senya Constituency in the Central Region for illegally recycling cartons of government textbooks into toilet-rolls. The Special Revenue Mobilisation Task Force of the GRA embarked on the action after...
Lending institutions could turn to Direct Debit to improve on their loan recovery rate. This is because it has some flexibilities that lenders can explore for repayment of loans. Poor loan recovery is a major challenge to many lending institutions, especially the savings and loans as well as microfinance companies....
In a ceremony that complied with COVID-19 official meeting and social distancing guidelines, COCOBOD, Japan International Cooperation Agency, JICA, and other Development Finance Institutions have announced a US$600million credit facility for COCOBOD’s Productivity Enhancement Programmes (PEPs). In November 2019, Development Finance Institutions (DFIs) including the African Development Bank (AfDB), Japan...
Director General of the Ghana Maritime Authority, Thomas Kofi Alonsi, has bemoaned the recognition given to seafarers globally - saying it needs to improve due to the high-risk occupation and enormous essence of their duties to the survival of economies. According to him, every sector of the economy greatly relies on...
Ten young entrepreneurs will today pitch their business ideas before President Akufo-Addo in the third window of the Presidential Pitch in Accra. The presidential pitch offers young entrepreneurs an opportunity to pitch their business ideas to a panel of experienced judges, out of which 10 will be selected as winners...
But customers still have cyber security concerns “Before the coronavirus was reported in Ghana, I used to go to the bank anytime I wanted to withdraw money because I had not really paid attention to mobile banking. But ever since the lockdown, I have stopped going to the bank....
Price fluctuations in global crude and refined product prices are taking a heavy toll on Ghana’s downstream markets, resulting in Bulk Oil Distributors losing millions of dollars and throwing many indigenous Oil Marketing Companies out of business. Out of the 130 oil marketing companies operating in the country, 50 -...
Edward Effah, Board Chairman of Fidelity Bank, has attributed the bank’s strong performance in 2019 to the consistent support it received from customers who stayed loyal to the brand. Despite the uncertainty that continued into 2019 as a result of the financial sector clean-up by the regulators, Bank of Ghana...