reaching a transaction value of US$1.26trn in 2022 The GSMA’s State of the Industry Report on Mobile Money 2023 shows adoption rates are even more significant than expected, with registered accounts, transaction values and deployments exceeding industry predictions.  Mobile money services are growing faster than predicted around the globe,...
Some freight forwarders, popularly known as ‘Agents’, whose activities are mostly at the Tema Port have bemoaned that the recent drop in traffic at the country’s ports is taking a heavy toll on their businesses. These freight forwarders act as transactional leads or middlemen for importers when clearing their goods...
Twenty completed automated premix outlets will be opened by December in different locations across the country, the Ministry of Fisheries and Aquaculture Development (MoFAD) has disclosed. The move seeks to streamline discrepancies in the premix fuel distribution chain, and will curb issues of middlemen, hoarding and corruption in the premix...
Is it not ironic that the Northern Electricity Distribution Company (NEDCo), a subsidiary of the Volta River Authority (VRA), spends GH¢120million every month to make electricity available for consumers and yet NEDCo was owed about GH¢1.2billion by consumers as at January 2023? Additionally, NEDCo owes its parent company, the VRA,...
…as MoH partners Sanofi to provide comprehensive care for patients The Ministry of Health (MoH), in collaboration with innovative global healthcare company Sanofi, has launched a diabetes-care programme to offer comprehensive and affordable diabetes treatment for patients living with the condition. The move is part of the ministry’s commitment to promoting...
Group Financial Highlights The Board of Directors of Republic Bank (Ghana) PLC and its subsidiaries (‘the Group’) is delighted to report to our esteemed customers and the general investing public that, the Group has recorded impressive financial results albeit the global and local economic challenges as well as the impact...
The Ministry of Fisheries and Aquaculture Development (MoFAD) has disclosed that some twenty completed automated premix outlets will be opened by December in different locations across the country. The move, which seeks to streamline discrepancies in the premix fuel distribution chain according to sector minister Mavis Hawa Koomson, will curb...
Electricity consumers owed the Northern Electricity Distribution Company (NEDCo), a subsidiary of the Volta River Authority (VRA), about GH¢1.2 billion as at January 2023. NEDCo, which also owes its parent company VRA GH¢1.6billion for power purchased, says it spends GH¢120million every month to make electricity available to consumers; but is...
Investments have become topical in the face of government’s recent Domestic Debt Exchange Programme, with many people expressing apprehension about investing. In the face of this, the Head of Client Experience at Stanbic Investment Management Services (SIMS), Miriam Maku Amissah, has advised young students at the tertiary level of...
Finance Minister Ken Ofori-Atta, in a presentation last week Thursday in Washington, said Ghana expects the International Monetary Fund's board to approve a US$3billion loan in May. Mr. Ofori-Atta said that official creditor financial assurances are expected by May, and that the country's domestic debt exchange programme will yield GH¢38billion...