The Central Bank has placed a freeze on licensing of new banks and other financial institutions as part of its aim to strengthen supervision, which will come as a blow to investors seeking to enter the financial space without recourse to existing institutions. “To rationalise the banking sector to ensure...
Africa World Airlines (AWA) has submitted a proposal and held discussions with the Aviation Ministry to be designated as the country’s flag-carrier, Togbe Afede XIV - Co-Chairman of AWA and Chief of Asogli State - has said. When designated as the national flag-carrier, AWA will be able to operate flights...
Nordea Income Growth Fund Limited, the eight best company in Ghana, according the business ranking by the Ghana Investments Promotion Council’s (GIPC) Club 100, has once again posted impressive performance in 2016 financial year with a 20.46 percent income growth compared to the negative 15.33 percent recorded by the...
Meridian Port Services (MPS) has taken delivery of the first unit out of two Mobile Harbour Cranes (MHC). The Crane arrived on 8th December 2017 and it is currently being commissioned by the manufacturers’ engineers expected to be put into operations after completing the training in the coming two weeks....
The Energy Commission has introduced a Certified Refrigerating App to help consumers identify energy efficient refrigerators and also help the commission eliminate sub-standard refrigerating appliances that are smuggled into the country. Speaking at the launch, Acting Director for Energy Efficiency & Climate Change at the commission, Kofi Adu Agyarko said,...
At the One Planet Summit convened by President Emmanuel Macron of France, United Nations Secretary General Antonio Guterres, and World Bank Group President Jim Yong Kim, the World Bank Group made a number of new announcements in line with its ongoing support to developing countries for the effective implementation...
It is almost impossible to see the logic in Donald Trump’s decision to recognise Jerusalem as the capital of Israel, argues Shibley Telhami, a Senior Fellow at the Centre for Middle East Policy. But if Trump’s undoing of decades of U.S foreign policy stance on Jerusalem is an illogical aberration,...
Government, acting through the Ghana Health Service (GHS), has signed a service contract with LCB Worldwide - a crisis management and prevention firm - to disinfect all imports at the country’s entry points, effective January 2018. Tunnel-like scanners will be installed at the ports, where trucks carting imported cargo will...
President Nana Addo Dankwa Akufo-Addo has called on African leaders to ‘dismantle’ any cumbersome business processes and unfavourable policies to unleash private capital and expertise in achieving the Sustainable Development Goals (SDGs). “Africa needs a strong and vibrant private sector to boost its economy. A strong and vibrant private sector...
A total of 184 graduates of the Ghana Institute of Freight Forwarders (GIFF) have been awarded diplomas and certificates after successfully completing their various areas of study at the seventh graduation ceremony of the institute, held over the weekend in Tema. About 106 students received diplomas while the remaining 78...