The Bank of Ghana Governor, Dr. Ernest Addison, has called for improvements in the International Monetary Fund’s (IMF) lending framework to enhance the African continent's access to resources in a challenging environment. This comes at a time when domestic policy efforts alone are inadequate to sustainably address debt burdens and...
STAR Ghana Foundation has committed GH¢348,561 into the development of cashew farming in the Bono Region to enhance production of the tree crop and improve farmers’ incomes and livelihoods. The fund would be channelled into mobilising and capacity-building of cashew farmers’ cooperatives for effective participation and inclusion in policy formulation,...
Ghana Cocoa Board (COCOBOD) is expected to capture about 800,000 cocoa farmers in the country under the Cocoa Farmer Pension Scheme. Registering and collection of data is still on-going across all cocoa growing areas to serve as a data base for the Cocoa Management System (CMS), which will track the...
President Nana Akufo-Addo has cut the sod for constructing the first phase of a 600 million-unit capacity vaccine manufacturing plant at Medie in Accra. This move takes the country closer to achieving its target of becoming the hub of healthcare delivery within the Africa Continental Free Trade Area (AfCFTA), with...
Development Bank Ghana (DBG) has revealed its plans to engage with policymakers, regulators and industry stakeholders to address challenges posed by the current macroeconomic environment and the Domestic Debt Exchange Programme (DDEP). The challenging operating environment in 2022 has reflected in the banking sector, driven by macroeconomic conditions and implementation...
The Vice-President’s wife, Samira Bawumia, led a delegation including Board Chair of the Business and Financial Times (B&FT) Dr. Edith Dankwa to the International Women's Leadership Conference’s second edition in Dubai. Hosted by Nigerian business leader and former Chair of First Bank of Nigeria, Ibukun Awosika, the International Women's Leadership...
reaching a transaction value of US$1.26trn in 2022 The GSMA’s State of the Industry Report on Mobile Money 2023 shows adoption rates are even more significant than expected, with registered accounts, transaction values and deployments exceeding industry predictions.  Mobile money services are growing faster than predicted around the globe,...
USAID-supported Feed the Future Ghana Policy LINK has recommended policy changes in the current Ghana Fertiliser Expansion Programme (GFEP), which expires in 2024, to address bottlenecks in the domestic fertiliser market and boost agricultural productivity. Operationalising the GFEP, a five-year strategic framework, is aimed at promoting a viable agro-industrial economy,...
Some freight forwarders, popularly known as ‘Agents’, whose activities are mostly at the Tema Port have bemoaned that the recent drop in traffic at the country’s ports is taking a heavy toll on their businesses. These freight forwarders act as transactional leads or middlemen for importers when clearing their goods...
Twenty completed automated premix outlets will be opened by December in different locations across the country, the Ministry of Fisheries and Aquaculture Development (MoFAD) has disclosed. The move seeks to streamline discrepancies in the premix fuel distribution chain, and will curb issues of middlemen, hoarding and corruption in the premix...