The Securities and Exchange Commission (SEC) has started paying locked up funds of all clients of the remaining Fund Management Companies whose licenses were revoked.
A statement from SEC explained that the partial cash bailout of up to GHS50,000 will cover all clients of the remaining affected Fund Management Companies...
Consistent rises in power transmission losses have cost the economy more than US$150million in 10 years, an analysis of official energy industry data by the Institute for Energy Security (IES) has shown. What this means is that electric power consumers within households, industries and the commercial brackets paid US$150million...
The National Export Development Strategy (NEDS) has outlined plans to revive and boost the country’s underutilised iron and steel industry in a move to bring revenue of more than US$5billion over the next 10 years that the programme will be in existence.
Current export earnings from iron and steel products...
- Olam direct purchasing app adds funds & cuts expenses
An increasing number of Ghanaian smallholder cashew farmers are getting better prices on their harvests, and reducing their operational expenses, thanks to the continued rollout of a smartphone app that gives them direct access to Olam Food Ingredients in Ghana.
The...
After years of contemplating whether to acquire an existing insurance company in Nigeria to kick-start operations in the country or not, Enterprise Group has settled on the acquisition of a new licence to start insurance business in Nigeria from next year.
Keli Gadzekpo, Group Chief Executive Officer, explained that the...
The Ghana Revenue Authority (GRA) has said its revised revenue target in the 2020 COVID-19 mid-year budget review has been achieved.
Data from the GRA show that as at Tuesday, November 24, 2020 the revenue collector exceeded the revised 2020 mid-year budget of GH¢42.7billion and is close to achieving the...
Even before the commencement of trading in January 2021 under the African Continental Free Trade Area (AfCFTA), a number of investors have shown considerable interest in investing in the Ghanaian economy.
Among the several sectors and areas of investment of particular interest is the automobile sector. Indeed, automobile companies such...
Football legend Diego Maradona has died at the age of 60.
The former Argentina attacking midfielder and manager had successful surgery on a brain blood clot earlier in November.
It was then announced he was to be treated for alcohol dependency.
One of the greatest players of all time, Maradona was captain...
Tourism is a major industry that can accelerate global development and tackle common global challenges negatively affecting the promotion and attainment of global goals. Nature has blessed the universe with enough resources to ensure a sustainable world, habitable for mankind and other living things.
Tourism is considered a major vehicle...