As Ivory Coast prepares to collect a record cocoa crop, the market is bracing for two key unknowns: the risk of political unrest disrupting supplies and the demand hit from COVID-19. Bigger crops in West Africa would add to a global surplus at a time when consumption is under pressure...
The role of microfinance institutions (MFIs) in the edifice of the Ghanaian financial sub-sector; and their contribution to socio-economic development and growth of the country cannot be overemphasised. In recent years, the Ghanaian economy has witnessed the formal establishment of several microfinance institutions. Connoisseurs of activities in the financial...
In the last 45 years, suicide has increased by 60% worldwide. The interpersonal theory of suicide explains that there needs to be the desire and ability to kill oneself for suicidal behavior to occur. Joiner further explains that social disconnection or alienation and perception of being a burden to...
The partnership between the United Kingdom and Ghana has secured funding and expertise to build new major road system creating jobs and building expertise across Ghana. The £80.3m project, between BHM and Ministry of Roads and Highways, would see the building of a major road between Tema and Aflao which...
The tireless effort of Business and Financial Times correspondent Edward Adjei Frimpong in promoting the growth and development of the tourism industry, through his write-ups has been acknowledged by the industry regulator, Ghana Tourism Authority (GTA). The GTA has crowned him as the 2019 Best Tourism Journalist in Bono,...
The Organization of African Unity, now African Union (AU), under Kwame Nkrumah’s leadership conceived an African Common Market programme. Nkrumah envisioned it to be an economic community of African countries pulling their production and trade to a common advantage. That, to Nkrumah, was the epitome of true independence. The idea...
President of the National House of Chiefs and Co-founder of Sunon Asogli Power Ghana Limited, Togbe Afede XIV, has led a four-member delegation from Sunon Asogli Power and African World Airlines (AWA) to explore opportunities in the power sector of Cameroon. The Sunon Asogli power plant was the first privately-owned...
MTN Ghana has reaffirmed its commitment to becoming a fully-fledged digital operator by 2023. Whilst the digitisation agenda has been at the forefront of the company’s strategy since inception, the advent of the ongoing pandemic has only served to accelerate the process. Speaking to the B&FT in an interview, Emmanuel...
... plans to register qualified professional  The National Information Technology Agency (NITA) says it plans to gazette five Information and Communication Technology (ICT) standards, introduce a database of qualified ICT professional in order to properly guide and regulate the operations of all players in the space. The standards include Data...
The Corporate Insolvency and Restructuring Act, 2020 (Act 1015) (the “Act”) became law in Ghana on 30 April 2020. The Act prescribes the regime for the administration and restructuring of the affairs of distressed companies or for the liquidation of such companies. A company may be said to be financially...