After years of contemplating whether to acquire an existing insurance company in Nigeria to kick-start operations in the country or not, Enterprise Group has settled on the acquisition of a new licence to start insurance business in Nigeria from next year. Keli Gadzekpo, Group Chief Executive Officer, explained that the...
The Ghana Revenue Authority (GRA) has said its revised revenue target in the 2020 COVID-19 mid-year budget review has been achieved. Data from the GRA show that as at Tuesday, November 24, 2020 the revenue collector exceeded the revised 2020 mid-year budget of GH¢42.7billion and is close to achieving the...
Even before the commencement of trading in January 2021 under the African Continental Free Trade Area (AfCFTA), a number of investors have shown considerable interest in investing in the Ghanaian economy. Among the several sectors and areas of investment of particular interest is the automobile sector. Indeed, automobile companies such...
New data from the Bank of Ghana (BoG) have revealed that despite the pandemic generally slowing down momentum of the economy, coupled with the upcoming general election, businesses remain confident about economic prospects as indicators show activities have picked up months after COVID-19-related restrictions were eased. The Bank’s Composite Index...
SEC to establish Investor Protection Fund Of the total amount of claims from signed up clients of some 20 defunct fund management companies which have undergone official liquidation, just about 34 percent has been paid, the Registrar General, Jemima Oware, has revealed. An estimated GH¢8billion is said to be locked...
“The ballot is stronger than the bullet.” – Abraham Lincoln  As Ghana goes to the polls this electioneering year to vote, it is very important we all collectively work towards a free, peaceful, fair, transparent and violent free election. Its common knowledge we all want purposive change to happen. To...
The Bank of Ghana has called on banks to foster collaboration with the soon-to-be established Ghana Development Bank in order to hasten the economic recovery efforts of government amid the pandemic. Speaking at the 24th National Banking Conference organised by the Chartered Institute of Bankers (CIB), Head of Banking Supervision...
… seeks to leverage AfCFTA to increase export sales by 300% in 5yrs Chief Executive Officer of Kasapreko Company Limited, Richard Adjei has revealed that his firm is open to strategic business partnerships and investor funding, if it “makes economic sense” and drives the growth of the company. This represents...
… seek gov’t support to accelerate process The Pharmaceutical Manufacturers Association of Ghana (PMAG) has begun moves to pursue the acquisition of COVID-19 vaccines for onward distribution across the country. The association says there is need to make an early move as players in the sector are ready to collaborate on manufacturing...
In a bid to return the economy to its pre-pandemic levels or even better, government has launched the ambitious GH¢100 billion Ghana COVID-19 Alleviation and Revitalization Enterprises Support (Ghana CARES) programme in Accra. The three-and-half-year programme dubbed ‘Obaatan Pa’, to be rolled out in two phases, aims to raise 70...

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