Justin Kodua Frimpong, Chief Executive Officer of the Youth Employment Agency (YEA), has directed that henceforth, all financial transactions of the agency shall be processed through the Ghana Integrated Financial Management Information System (GIFMIS) in line with the Public Financial Management Act 2016, Act 921. He has further cautioned that...
Unilever Ghana Limited has launched its newly improved Omo ‘power of 10 hands’ to commensurate with the global handwashing day. Speaking at the launch, the Managing Director of Unilever, Mr. Yeo Ziobeieton, said unilever wants to bring comfort to every mother’s washing experience through its newly formulated Omo. “At Unilever we...
Nyonkopa Cocoa Buying Limited continues to make giant strides in Ghana’s cocoa industry. The latest of its many innovative interventions is the launch of Nyonkodo Farmer Life Plan, a bundled insurance, pension and scholarship plan for its farmers at Sefwi Wiawso in the Western Region of Ghana. Speaking at the...
Parliament must consider legislation that would prevent guarantees of loans advanced to state-owned enterprises in the energy sector by government, Emmanuel Akrong - a credit consultant, has advocated. The proposal, Mr. Akrong argues, will ensure the banking sector lends to only creditworthy institutions. According to Emmanuel Akrong, over the years, banks...
The First Lady, Mrs. Rebecca Akufo-Addo, has urged women leaders to continue the drive for greater inclusion of women in all facets of our national development. Speaking at the maiden edition of the Executive Women Network (EWN) Annual Conference held in Accra, she said: “Excluding women, who make up more...
NPL ratio to reduce Interest rates to drop Private sector to be biggest beneficiary  The government’s roadshow to raise a bond to clear the much talked about energy sector debt, which is in excess of US$2.5billion, has excited bankers. The roadshow for the long-awaited bond issuance saw some...
The country has failed to leverage its trading relationship with key regional blocks - namely the European Union (EU) and ECOWAS - over the past decade, thereby affecting its balance of trade, a report by IMANI Ghana, one of Africa’s leading think-tanks, has shown. The report, titled ‘Maximising Gains from...
The Kumawuman Rural Bank Limited at Kumawu in the Sekyere Afram Plains district of Ashanti Region is set to rollout hybrid Automated Teller Machine (ATM) services at some of its branches. This is in fulfillment of government’s rural branchless banking project, and the bank has completed all documentations and signed...
South Africa’s Gold Fields said its third-quarter gold output rose 3 percent compared with previous quarter, buoyed by a 10 percent surge in production at their South Deep mine. Gold Fields, which also has operations in Australia, West Africa and South America, saw gold production rising to 567,000 ounces for...
South African miner African Rainbow Minerals dropped KPMG as its auditor on Monday, joining a host of other local companies breaking ties with the firm caught up in an influence-peddling scandal. KPMG has been losing clients after its own investigation last month found flaws in work it did for the...