The decision by Ghana's economic managers to request assistance from the International Monetary Fund (IMF) started the 2022 mid-year off with a jolt. In a letter signed by the Information Minister, the President authorized the Finance Minister to commence formal engagements with the IMF, inviting the Fund to support...
There is an urgent need for central governments, regulators and other relevant stakeholders to streamline policies which enhance partnerships in the digital economy, as this is the only way recent gains from the digital transition will be consolidated. This was the rallying call from a panel of digital finance experts...
The Minister for Transport, Kweku Ofori Asiamah has urged the Ghana Maritime Authority (GMA), regulator of the maritime industry, to take all necessary steps to enforce the sulphur cap 2020 regulation set by International Maritime Organization (IMO) to ensure a sustainable shipping industry. The Sulphur Cap 2020 is a regulation...
A total of 14 commodity exchanges on the continent have agreed to harness their collective potential under the African Continental Free Trade Area (AfCFTA), in what market watchers have described as one of AfCFTA's biggest feats thus far. High on the AfCFTA Association of Commodities Exchanges’ (ACX) agenda, the body...
assures bank will leverage brand equity to turn tide around The Chief Executive Officer (CEO) of UMB Bank, Nana Dwemoh Benneh, has said that for financial institutions, in general, and banks in particular, to successfully navigate the current economic downturn, there is the need to place added emphasis...
The Ministry of Business Development of Ghana in collaboration with the International Chamber of Commerce, United Nations Development Programme and Business for Peace Foundation will officially launch the “For Better Business Together” programme (4BBT) on 6 October at the Kempinski Hotel in Accra, Ghana. The programme launch will announce both...
The Ghana Revenue Authority (GRA) has been charged to take advantage of the numerous opportunities afforded by technology to increase the tax to GDP ratio, and thereby help reduce the country’s dependency on aid and donor support. “The country’s tax to Gross Domestic Products (GDP) ratio, which is quite alarming,...
As part of activities to programme the European Union’s Neighbourhood Development and International Cooperation Instrument (NDICI) 2021-2027, a stakeholders’ meeting has been held between The Economic Community of West African States, ECOWAS and the UEMOA Commission within the framework for the West African Region. The meeting also marked the launch...
The Ghana Union of Traders Association (GUTA) is unhappy with the Ghana Shippers’ Authority over modalities being used to implement the directives to waive demurrage and rent charges. The Ghana Shippers’ Authority has sent a notice to all its stakeholders that the directive to waive demurrage and rent charges at...
… Telecoms Chamber wants 19 cents per minute charge on calls scraped   The Ghana Chamber of Telecommunications has intensified its advocacy for the removal of the law that imposes 19 cents per minute charge on inbound international calls on telecommunication companies. Data from the Chamber has revealed that revenue that has accrued to...