The Ghana Standards Authority (GSA) announced its decision to implement testing and certification in the furniture industry.
According to the GSA, of the 20 plastic chairs purchased from various companies across the country randomly, none met the standard criteria.
This was disclosed by the Director-General of the GSA, Professor Alexander Dodoo,...
Once the new Cash Reserve Requirement (CRR) policy becomes effective, it is expected to see approximately GH¢16.2billion – US$1.2 billion flow from banks to the Bank of Ghana (BoG).
CRR is a rule set by central banks requiring commercial banks to keep a portion of their deposits – local and...
A recent PwC report shows that although the banking sector is making progress toward gender equality, there is still a significant climb to reach anywhere near gender parity.
Titled ‘Changing Currency’, the report with the tagline ‘examining trends and challenges of female participation in Ghana’s banking sector, sheds light on...
Sector Head of SME and Retail Banking at Zenith Bank Ghana, Gloria Cabutey-Adodadji, has highlighted the critical role of technology skills in business expansion, particularly for women-led businesses at the recently-held Women in Business (WIB) dialogue series organized by the Business and Financial Times (B&FT).
Consequently, Madam Cabutey-Adodadji cautioned against...
Fresh data from the Bank of Ghana (BoG) shows banks still favour investments in government securities over and above extending credit to the private sector, meaning that businesses have access to less purchasing power in real terms.
Governor Ernest Addison, in a press briefing for the 117th Monetary Policy Committee...
The Northern Regional Senior Quality Assurance and Standards Officer of the Ghana Tourism Authority (GTA), Frank Owusu-Boakye has called for greater support for local hospitality products to boost job creation, preserve cultural heritage, and enhance economic stability, thereby contributing to the overall well-being of citizens.
Owusu-Boakye made these remarks during...
In a period of unprecedented technological advancement, harnessing the power of technology and digitalisation presents a promising solution to one of the most pressing challenges facing economies worldwide: unemployment.
Ghana, like many other nations, grapples with the scourge of joblessness, but amidst the gloom, there shines a beacon of hope...
Heightened corporate demand and persistent foreign exchange (FX) pressure has seen the local currency plummet against major trading currencies, reflecting mounting concerns over inflationary pressure and liquidity dynamics.
This is despite the over US$106.10million injection into the FX market through the Bank of Ghana’s (BoG) spot market operations, and bulk...
The fractures within the Economic Community of West African States (ECOWAS), with Niger, Mali, and Burkina Faso exiting the bloc, coupled with developments in Senegal paint a stark picture of the region's fragility.
As Ghana gears up for the crucial December elections, the stakes have never been higher as they...
Vice President Dr. Mahamudu Bawumia addressed the nation on February 7, when he announced his vision for the country and urged Ghanaians to salute and give particular recognition to the Bank of Ghana - which he claimed had come under unfair criticism for taking the necessary measures to help...
