An energy deficit has effectively stunted Africa’s development, with an estimated 70 percent of people in sub-Saharan Africans without reliable access to electricity. In Gabon and Nigeria for example, manufacturing struggles as electricity remains costly and inconsistent. According to the African Development Bank (AfDB), manufacturers in sub-Saharan Africa experience an average of...
Competition and industry rivalry in recent times have led to new thinking and newer strategic initiatives among players in the financial industry in Ghana to deploy technology to support financial delivery. The most dramatic force that impacts business and service delivery within the financial space is Technology. You can’t...
When it comes to social insurance provision in Ghana, the National Health Insurance Scheme (NHIS) is the jewel in the crown. The scheme, which guarantees health care that is free for most conditions at the point of delivery, benefits roughly 40 percent of the population. In contrast, the SSNIT...
A four-day organisational development (OD) clinic, aimed at grooming leaders with innovative skills for effective performance, has been held at the Catholic University College of Ghana (CUCG), Fiapre, in the Brong Ahafo Region. The OD training, ‘Mastery in Organizational Development and Appreciative Leadership’ (ODCP), was a collaborative effort between the...
Africa annually imports US$40billion worth of food, with Ghana importing US$2billion of food products yearly. According to the Director-General of the German Federal Ministry for Economic Cooperation, Gunther Beger, the future of mankind will be decided in the rural areas. “Professionalisation and the sustainable intensification of agriculture is a key...
The first session of the Eazzysocial and Icode partnership which was instituted to equip or better still empower business professionals in Takoradi came to a successful end on March 4, 2018 in Takoradi, Western Region. The rationale behind the collaboration is to bridge the digital skills gap amongst adherents...
The Ghana Stock Exchange (GSE) has suspended trading in the shares of ADB with effect from today Wednesday, March 07. A statement from the exchange said, “the suspension is to allow the GSE clarify the news on a purported take-over of ADB” “With reference to section 7 of the GSE Automated...
The Ghana Mineworkers Union (GMWU) has served notice it will embark on a full-blown strike by Tuesday March 27, 2018, if the government does not call mining giant Goldfields to order. Per the unions directives which is contained in a statement which was copied to the B&FT, prior to the...
In an unexpected move that could be the beginning of a restructuring of the local banking space, a consortium of financial institutions that control majority shares in agric-focused bank, Agricultural Development Bank (ADB), have pledged their shares, proceeds, entitlement and voting rights to uniBank, a leading local bank. The consortium,...
The Ghana Mine Workers Union (GMWU) has filed an appeal at the Court of Appeal and a stay of execution pending its hearing after an Accra High Court last Friday dismissed an interlocutory application by the union to stop a planned redundancy exercise by mining giant Goldfields Ghana Limited. The...