The economy spent over GH¢6.8billion (equivalent to US$560million at current market rates) importing rice, a grain that can be produced locally, last year. While total rice consumption stood at 1.4 million metric tonnes in 2022, imports valued at US$560 million accounted for 800,000 metric tonnes (mt) of the consumption figure,...
80 percent of over 280,000 vehicles exported to West Africa from the Netherlands were “old and below the Euro 4/IV emission standard”, and often lacked requisite “roadworthiness certification”. UN Comtrade data show that the European Union exported over US$275million worth of vehicles to Ghana in the last five...
Stakeholders in the domestic piggery industry are threatening legal action which could result in a total import blockade on pork products across board - should the Ministry of Food and Agriculture (MoFA) fail to disclose detailed information on a recent agreement to buy large quantities of pork from the...
Investors have rallied around the stock of telecommunication behemoth MTN Ghana, following an official communication that the GH¢8.2billion back tax liability case levied against the telco by Ghana Revenue Authority (GRA) has been withdrawn. The news saw MTN’s share price appreciating 7.3 percent from GH¢0.82 at end of January to...
Credit analysis is a complete analysis of the client's overall performance and the specific project to be financed with a loan in order to assess the credit risk - i.e., the creditworthiness of a loan applicant. The credit analysis is a component of the credit process, during which the...
Zeepay, the African fintech leader and game-changer in the mobile money space, has once again demonstrated its commitment to expanding access to financial services across the continent. The company has received regulatory approval to bring its revolutionary mobile money services to Gambia, making it the fourth country alongside Ghana, Zambia...
The Public Health Alliance International Ghana (PHAIG), an independent not-for-profit Health Think Tank that seeks to address the pertinent issues of health in Ghana and throughout the sub-Sahara African region, has launched a COVID-19 vaccine hesitancy & vaccine mandate research findings in Accra. The research, according to the organisation, showed...
As continent’s ministers call for heightened collaboration at 2nd DCO General Assembly African ministers have for the umpteenth time underscored the need to pursue an aggressive digitalisation strategy as it’s the surest of solving the continent’s rising unemployment challenges. The African Development bank reports that while 10 million to 12 million...
General Liability (GL) which is also called Commercial General Liability (CGL) insurance is not a bundled or an Umbrella Liability cover. GL or CGL provides coverage to a business for bodily injury, property damage, personal and advertising injury against third parties, as a result of the business operations of...
That it is tough to accurately predict the future is widely accepted. Indeed, no one can see that far ahead. And this is the constant hurdle faced by authorities making monetary and fiscal policy decisions. They are expected to make decisions that will yield positive returns now and in...