Consumer inflation is expected to surpass the 40 percent threshold for an accelerated 17th consecutive month due to the local currency's depreciation, particularly over the past month, as well as the rise in fuel prices and full effects of utility rates hikes. Ahead of the official release by Ghana Statistical...
Government has invested over US$500million in its effort to digitalise the economy, Director General of the National Information Technology Agency (NITA), Richard Okyere-Fosu, has stated. According to Mr. Okyere-Fosu, most of the investments were to provide the needed infrastructure and enabling environment to ensure the basic and needed framework that...
Atwima Kwanwoma Rural Bank Limited at Pakyi No 2 in the Amansie West district of Ashanti Region has been adjudged CIMG Rural Bank of the Year 2021 by the Chartered Institute of Marketing, Ghana (CIMG). The bank is a 5-time recipient of this prestigious award and for two consecutive years....
Head of Business Development and Strategic Initiatives at the First National Bank Ghana, Edward Nyarko, has urged all potential landowners to seek the advice of a professional when purchasing land. According to him, when it comes to construction or putting a building together, experts are not interested in the money...
Striking workers of the Volta Aluminium Company (VALCO) have agreed to return to negotiations with the management of the company, following a successful stakeholder meeting. According to an inside source, the parties have agreed to return to continue and complete their wage negotiations after the meeting which included senior management,...
Speakers at the 2022 edition of the Stanford Seed Transformation Network Ghana Chapter’s annual flagship Business and Leadership conference have called for businesses to be resilient in the face of economic crisis, and see it as an opportunity to grow. Mr. David Ofosu-Dorte, Executive Chairman at AB & David Law...
Six years after the successful implementation of the government’s flagship programme, One District One Factory (1D1F) under the leadership of the Trade Minister, John Alan Kwadwo Kyerematen, about 175 factories are currently operating in the country. Mr. Kyerematen spearheaded the ambitious industrialisation policy with a mindset of creating jobs and...
James is busy every day. As an experienced credit vendor based in Accra, he tells me that the little tote-bag slung around his shoulders used to be packed with scratchcards. Those days are now long gone. "Right now, the Vodafone scratchcards are not in the system anymore. If you want...
Dairy import data from the Ghana National Association of Cattle Farmers (GNACAF) indicate that the country imports in excess of US$400million dairy products annually, as demand for fresh milk and other dairy products rise. Despite this increasing demand, the local dairy industry is stagnating; thereby creating a deficit that can...
The Ghana Alternative Exchange (GAX) is on course to attract additional market listings as managers of the stock exchange have engaged more than 140 Small and Medium-sized Enterprises (SMEs) in partnership with the Association of Ghana Industries (AGI), as well as Stanford Seed Transformation Network Ghana. GAX, a parallel market,...