Government’s drive to digitise the economy will be effectively complemented by the various payment initiatives the Ghana Interbank Payment and Settlement Systems (GhIPSS) has rolled out.  This will ensure that the country derives the full benefit of a digital economy. GhIPSS, since 2007 has been deploying a number of electronic...
There is the need to balance the debate around whether the country should rely more on local investment or foreign direct investment, especially as indigenous companies do not have the requisite financial muscle to drive socio-economic growth, CEO of the Ghana Investment Promotion Centre (GIPC), Yofi Grant, has stated. “We...
The future of banks that are majority owned by domestic private interest in Ghana can be challenged in the not distant future due to the strict application of the Basel II and III standards. Research on local ownership of banks as against foreign ownership across Africa showed Cote D’Ivoire, Nigeria...
Dr Ernest Kwamina Yedu Addison, the Governor of the Bank of Ghana (BoG), has bemoaned the low credit facility extended to small and medium-scale enterprises (SMEs) and the agricultural sector by banks and urged financial institutions to develop innovative products for the two sectors. He said as at September this...
A traditional ruler, Daniel Nii Arde Tagoe, has urged government to introduce more innovation into the agriculture sector in a bid to attract the youth and curb the rising unemployment in the country. Even though he lauded government’s efforts and initiatives regarding agriculture in the 2018 Budget Statement, he also...
Japan Motors Trading Company Limited (JMTC) has supported the celebration of this year’s National Farmer’s Day (NFD) with a Yamaha All Terrain vehicle (ATV), Yamaha motorbike, Yamaha outboard Motor Engine and Four Yamaha Generators all valued at GH¢91,000. The 33rd NFD celebration will be celebrated on Friday December 1, 2017...
Executives of the UK-Ghana Chamber of Commerce (UKGCC), an organization working as the voice for British businesses looking to access and engage with the Ghanaian market, is ready for its maiden edition of an award ceremony, ‘Business Excellence Awards and Dinner Gala’. The event, expected to come off on Saturday,...
Odebrecht Engineering and Construction International has awarded four outstanding Civil Engineering students of the Kwame Nkrumah University of Science and Technology (KNUST) in their first, second, third and final years. The Odebrecht Ghana Engineering Awards was instituted at the College of Engineering in 2014 by the company. The Odebrecht Engineering...
Indigenous airline, Africa World Airlines (AWA), the only airline currently providing domestic air services in the country, has increased its flight frequency between Accra and Kumasi, and Accra-Tamale, to help meet the increased demand. This follows the suspension of operations of Starbow–the second domestic airline operator. AWA has increased its Accra-Kumasi-Accra...
African Centre for Parliamentary Affairs (ACEPA) held a two-day intensive capacity building workshop for some CSOs from the three regions of the North in Tamale to engender effective participation and representation of citizens in governance and decision-making processes through enhanced civil society –parliament engagement. The training was to ensure building...