Consumer inflation saw a significant drop in November 2023 - dropping to 26.4 percent from the previous month's 35.2 percent. The 8.8 percentage point decline falls in line with market forecasts, providing a welcome respite amid high and persistent inflation rates. This remarkable downturn comes as a favourable outcome -...
The Bank of Ghana (BoG) Governor, Dr. Ernest Addison, has emphasiSed the central bank’s commitment to fighting cybercrime in the banking industry while also promoting financial inclusion through digital solutions. Dr. Addison made the remarks at GCB Bank’s launch of a new mobile banking application called ‘RECODED’. He stated that...
The Ghana Mineworkers’ Union (GMWU) of the TUC held its 13th Quadrennial Delegates Conference from 11th to 14th December, 2023 in Obuasi, as the mining sector continues to witness massive transformation in its labour market and labour relations landscape. This was amply demonstrated by GMWU General Secretary, Comrade Abdul-Moomin Gbana, when...
A very long time ago in Bethlehem, farmers had to till the land using their bare hands, hoes and cutlasses. Then came wheels, tractors and other machine aids that made life easier and production faster. Same could be said of the construction industry where excavators and loaders complemented processes...
Ignitia, a company focused on tropical weather forecasting, has teamed up with its partners to address the climate crisis in Africa. The partners are Kosmos Innovation Centre; Ministry of Environment, Science, Technology and Innovation; and the International Trade Centre - Netherlands Trust Fund 5. The initiative, dubbed ‘From Thunderstorm Predictions to...
The Affluent Team of Stanbic Bank Ghana has donated foodstuff to the Demonstration School for the Deaf at Mampong in the Eastern Region. The delegation from the bank spent time engaging with the students and presented food items and a cash donation of GH¢5,000 to support the maintenance of...
The Ghana Stock Exchange (GSE) is set to collaborate with key stakeholders in the development of climate financing and carbon trading mechanisms in a bid to mobilise capital for the nation's energy transition goals, said GSE’s Managing Director Abena Amoah. Despite notable achievements following introduction of the Ghana National Energy...
Three quick points on improving value capture in Ghana’s lithium agreement 1. The increase from fixed royalties to a sliding scale proposal from Bright Simmons, IEA and others is welcome. The increment has to be on price instead of operating margins; the latter will make it difficult to administer, as...
… how a banking platform - Straight2Bank - is revolutionising Ghanaian businesses At a business breakfast in Accra, a group of executives gather in a corner - sipping hot tea and eating freshly baked pastries as they exchange stories of doing business in Ghana. One Chief Operating Officer - let’s...
The Association of Ghana Industries-Energy Service Centre (AGI-ESC) has partnered the Institute of Energy Professionals Africa (IEPA) to deploy Association of Energy Engineers (AEE) Certification programmes and other IEPA training opportunities in Ghana. The move falls in line with AGI-ESC’s mandate to promote energy efficiency, renewable energy practices and technologies...