The Ghana Grid Company (GRIDCo) says it will soon start the export of some 50 megawatts of electricity to Burkina Faso once work on the interconnection lines has been completed. Mr Frank Okyere, the Systems Control Manager at GRIDCo, who announced this, said the supply arrangement with Burkina Faso could...
The central bank’s fast pace of monetary policy easing is expected to slow down this year on the account of high inflationary pressures, Groupe Ndoum (GN) Research has forecasted. The Monetary Policy Committee (MPC) of the Bank of Ghana last year reduced the policy rate by a cumulative 550 basis...
  In Kenya, the disagreement went as far as the courts, with an order for its enforcement to be suspended, but the controversial excise tax stamp policy is to take effect in Ghana from March 1, 2018, even as the beverage industry contends that the format is inefficient and costly. Whilst...
Unannounced house-to-house checks by officials from the Electricity Company of Ghana (ECG) saved the company some GH₵50million on power thefts last year. The sweeping exercise, which is an ongoing system losses reduction intervention, saw officers of the company visiting residential apartments to fish out illegal power consumers. “We went about communities...
Heritage Securities Limited (HSL), in partnership with the United States Friendship and Economic Development (FED) Group, has launched the first-ever Ghana-US Trade Hub to provide facilitation services for companies seeking to trade with the United States. Heritage Securities Limited, which is now a member of the US FED Group Consortium,...
Hello Readers, have you observed the latest catchy adverts on radio in respect of the new marriages between telephone companies (Telcos) and financial institutions? I find them very fascinating because barely two years ago, there was a turf war between the telco giants and banks, with so much suspicion...
The Minority in Parliament has slammed the government for failing to present the actual public debt situation of the country, which they claim now stands at GH₵140billion . According to the Minority and rather sought to seek refuge under a misleading calculation of debt to GDP ratio which relied on...
The United Nations (UN) has over the years made a strenuous effort to push access to internet as a right seeing the numerous benefits that can be derived from access to broadband. Regardless, internet access in sub Saharan Africa remains largely a privilege or unavailable altogether due to variety...
In the wake of recent scandals plaguing the banking sector, the implementation of a deposit insurance regime is a timely intervention to renew confidence in the country’s financial system, Governor of the Bank of Ghana (BoG) Dr. Ernest Addison has indicated. Addressing stakeholders in the banking and finance sector at...
The John Agyekum Kufuor (JAK) Foundation has launched a fundraising campaign to raise GH¢80million as seed capital for the establishment of an endowment fund to sustain the foundation’s governance and socio-economic development works. Funds raised from the campaign will be used to run foundation’s programmes - including the Kufuor Scholars...