The Power Planning Technical Committee (PPTC), the body responsible for the drafting of the 2022 Electricity Supply Plan, has stated that contrary to the claims by NDC Member Parliament and ranking Member of Parliament’s Mines and Energy Committee, John Jinapor, that ‘dumsor’ is imminent, there is no such risk. The...
… to usher one billion people into digital economy by 2025 By Juliet ETEFE Country Manager and Area Business Head for West Africa at Mastercard, Folasade Femi-Lawal has said her outfit is on a mission to drive digital innovation and inclusion in West Africa's rapidly evolving financial landscape. She emphasised their...
Cashew farmers have expressed deep concerns about challenges hindering their ability to fully benefit from the cashew crop. According to the farmers, the challenges include a lack of knowledge and resources to add value to cashew apples, market fluctuation, limited access to agricultural financing, rising costs of farm inputs, and...
Economist and finance lecturer at the University of Ghana, Professor Godfred Bokpin, has expressed concern that the 2022 budget, in its current state, will stifle the growth of small businesses despite its purported goal of creating a conducive environment for entrepreneurs. The budget statement, which has been ‘rejected’ by Parliament,...
In 2022, Showmax kicked off its investment in Ghana with two Showmax Original titles – Shirley Frimpong-Manso’s drama series ENO and the documentary reality series My Perfect Funeral, a deliberate move by the African streaming service to support the film and TV industry in Ghana and broaden the scope for African content...
When trying to get a new company off the ground, it’s easy to lean toward the idea of finding a celebrity to endorse your product or service. While this absolutely can be an effective marketing tactic, finding the right celebrity for your brand is a monumental hurdle to jump....
InfoSec Advisory with Del Aden Data is an incredibly important asset and collecting and sharing data can be big business in today’s digital economy. But for a business to safely and successfully take advantage of the data they are collecting; they need to have safeguards in place to ensure data...
Market analysts anticipate an average 200 basis points (bps) hike in the policy rate by the Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) at the 106th meeting, in order to address widening spread between inflation and money market rates and real policy rate. Both monetary policy rate...
… as SML’s services drive revenue up GH¢2.45bn President Nana Addo Dankwa Akufo-Addo has acknowledged the significant contribution of downstream petroleum audit services provided by Strategic Mobilisation Ghana Limited (SML) to the Ghana Revenue Authority (GRA). A recent audit conducted by KPMG highlighted a clear need for these services. Since their...
By Kizito CUDJOE The Minister for Trade and Industry, Kobina Tahir Hammond, has ordered the Cement Manufacturing Development Committee (CMDC) to direct cement manufacturers in the country to “reverse immediately the increase in cement prices recently announced in the country.” The Minister’s directive comes in response to the recent arbitrary increases...