To safeguard the integrity of the financial sector and minimise risks associated with the recently-announced Debt Exchange Programme (DEP), sector regulators will “deploy all regulatory and supervisory tools to mitigate risks to financial stability”, the Financial Stability Council has disclosed.
In a communiqué dated Wednesday, December 7, 2022, the council...
Ghana’s fisheries sector is a major contributor to the country’s economy, providing jobs and nutrition to millions, but for a long time now the sector has come under severe pressure from illegal fishing activities. Activities of illegal foreign fishing trawlers are not only depleting fish stocks and affecting the...
With Moroccans paying upwards of $750 a ticket for Saturday’s historic World Cup clash – the first quarter-final for any African country in over a decade – the nation’s football glory offers welcome distraction. Africa’s champion on the pitch faces a slowdown at home, with economic growth slipping to...
There are plans by the Akufo-Addo administration to establish an Agricultural Development Zone in the Northern Region.
The agricultural development zone, which will cover between 20-40 hectares of farm land, will be developed for prospective agriculture investors.
The Minister of Food and Agriculture (MoFA), Dr. Owusu Afriyie Akoto, made the disclosure...
MTN Ghana will be giving over GH₵120,000 to five startup hubs who will emerge winners at the MTN Ayoba MoMo accelerator competition, come 30th December, 2022.
This competition has been created by MTN Ghana and Ayoba for all startup hubs across the country to bring forward their digital solutions by...
Development Bank Ghana (DBG) has participated in the Global 2022 CEO Forum of African Development Finance Institutions organised by the Association of African Development Finance Institutions (AADFI) in collaboration with the Citizen Entrepreneurial Development Agency (CEDA). The event was held in Gaborone, Botswana under the theme ‘Building Partnerships for...
…as Prez inaugurates container terminals, dry dock
President Nana Addo Dankwa Akufo-Addo, yesterday, inaugurated a new state-of-the-art Dry Bulk Terminal and the Atlantic Terminal Services Multi-purpose Container Terminal as well as the Prime Meridian Dock Company’s Floating Dry-dock at the Takoradi Harbour in the Western Region.
The President also cut...
New policies in the offing
Funding secured through DBG
GFZA to support business benefit from AfCFTA
Improved supply of electricity, energy
With new and updated policies ready to be introduced, funding secured through the Development Bank Ghana (DBG), increasing supply of electricity and improved transportation networks, the manufacturing...
The Ghana Revenue Authority (GRA) has arrested supervisors of five stone and sand quarry companies in the Nsawam Adoagyiri Municipality.
Four of the companies – E&H Quarry Ltd., Atlantic Rock Quarry, China Railways Engineering Quarry Ltd. and Quality Quarry Ltd. are Chinese entities while Paul Addai Stone Quarry is a...
Fisheries, which millions of Ghanaians depend on, are at risk of collapse as a result of rampant illegal fishing and overfishing by Chinese-owned industrial trawlers, and a culture of corruption has allowed these crimes to go unpunished, according to a new investigation from the Environmental Justice Foundation (EJF).
EJF’s investigations...