The Minister of Finance, Ken Ofori-Atta, has said the government was hard against time to address challenges with payment of arrears to contractors. But the Minister was quick to add that, his Ministry was also ensuring that due diligence was done to avoid paying fraudulent claims. Speaking to financial and economic...
The Minister of Aviation, Madam Cecilia Dapaah, has disclosed that, almost defunct domestic airline, Starbow has been directed to retrain and ensure that it employs qualified and certified staff. According to the Aviation Minister, the Starbow one of the two domestic airliner which was in operation, has also been directed...
The Ghana Interbank Payment and Settlement System (GhIPSS) has commended organisers of Ghana’s premier pop-up market, christened Selewa Market, for creating a platform for shoppers to use electronic forms of payment at the fair. The fair created over the past 3 years, has provided an avenue for businesses ,both SMEs...
The centrality of SMEs to the economic development of developing countries, especially, has been well established. In Africa, SMEs account for the vast majority of jobs and more of such businesses would be required to absorb the growing workforce and address unemployment on the continent. This requires an enabling environment...
The Minerals Commission has inaugurated a five-member audit committee to help implement risk management strategies and ensure a high level of corporate governance. The committee has been tasked to support Management of the Commission to meet the financial management reforms under the Public Financial Management (PFM) Act, 2016 (Act 921). It...
The Minister for Aviation, Cecilia Abena Dapaah has indicated that two new domestic airlines will be coming on stream sometime in the second quarter of the year. Presently, Africa World Airlines (AWA) remain the only domestic air carrier and the Minister reckons with two new airlines coming on board,...
President Nana Addo Dankwa Akufo-Addo has called on American investors to take part in the extraordinary opportunities that exist in Ghana and on the African continent. “There is a lot of opportunity for American capital, technology and enterprise in Ghana, and indeed in Africa; and we welcome companies from all...
Government appears frustrated that lending rates remain immovable in spite of improvements in key macroeconomic indicators like inflation and treasury bill rates, and is considering bringing what Ken Ofori Atta calls some “moral pressure” to bear on banks. At the same time, the Finance Minister said, government is in discussions...
Mobile data will be used in Ghana to track and control epidemics, helping prevent a repeat of the 2014 West Africa Ebola outbreak, in a pioneering programme announced by Vodafone Foundation on Monday. The initiative will use aggregated anonymised mobile data to track real-time trends in population movement, the charitable...
The second edition of the Ghana Manufacturing Awards will recognize achievements from local and international manufacturing companies and reward those that played a defining role in moving the sector forward. The event, scheduled for Friday, May 24, 2018 at the Kempinski Gold Coast Hotel in Accra, will be held in...