The African Center for Economic Transformation (ACET) will host International Monetary Fund (IMF) African Department Director Abebe Aemro Selassie at a webinar on Tuesday, July 7 to discuss policy actions for Africa’s economic rebound in the aftermath of the COVID-19 pandemic.
The Zoom event, “Priorities for Africa’s Recovery, Growth, and...
Ghanaian cocoa farmer cooperative, Kuapa Kooko, has lost 80 percent of its majority shares in British chocolate brand, Divine Chocolate, to a strategic investor. Kuapa Kooko Cooperative, which hitherto owned 45% majority shares in the company, would now hold only 20% ownership as Divine Chocolate Limited is sold to a...
The pioneering initiative to train the next generation of cocoa farmers, is expected to bring a significant contribution to the country’s cocoa production, as a total of over 12,000 youth have been trained to venture into cocoa farming and its related businesses, by the MASO programme, being undertaken by...
Professor Kwame Adom-Frimpong, President, Institute of Chartered Accountants Ghana (ICAG) and MD, Mainstream Reinsurance Company, has reiterated that integrity is an important fundamental element in the accounting profession. Integrity requires accountants to be honest, candid and forthright with a client's financial information.
He said Accountants should restrict themselves from personal...
Over 692,000 young people in the country are set to benefit from the COVID-19 Recovery and Resilience Programme (CoRe) which has been launched by the Springboard Road Show in partnership with the MasterCard Foundation and Solidaridad.
The programme, which seeks to support young people in the country in the wake...
In spite of the annihilative impact of the coronavirus pandemic on the country’s local currency, making it record its highest depreciation against the US dollar since the beginning of the year, the Bank of Ghana (BoG) says it expects the cedi to gain stability as pressure on it has...
The CH Foundation, an independent non-profit organisation has presented a cheque for US$100,000 to the Ghana COVID-19 Private Sector Fund at a ceremony in Accra.
The donation is in support of the construction of Ghana’s first-ever infectious disease isolation and treatment facility.
Cynthia Darko Acquaye, Group Chief Operating Officer of CH...
Micro, Small and Medium Enterprises (MSMEs) can offer the economy more in terms of job creation, revenue and economic growth, but only if the government can work to improve access to and cost of credit, as well as sustainably provide support to build resilience, the Association of Ghana Industries...
Nigerian banks plan to restructure over a third of loans after running into repayment problems due to the coronavirus pandemic, a member of the central bank monetary policy committee said.
A total of 17 banks have submitted requests to restructure over 32,000 loans for businesses and individuals, representing 33% of...
As part of its commitment to making the purchase of insurance products easier for its numerous clients, agents and brokers, RegencyNem Insurance Company has formally gone live on digitisation to provide Technology Based Insurance Services to its numerous clients through USSD. To this end, the company launched RegencyNem’s i-tranzakt...