The Deputy Minister of Trade and Industry, Herbert Krapa, has said that exports of raw materials from the country will soon be history, as government is implementing an aggressive industrial transformation agenda to shift from the practice to be an industrial value-adding exporter. To that effect, he said, a blueprint...
The failure to invest in building a tax infrastructure has over the years been a bane of the country in realising the projected returns on several tax policies pursued, Fiscal Policy Specialist of OXFAM, Dr. Alex Ampaabeng, has said. “We need to set the space, lay the very foundation that...
AngloGold Ashanti (AGA), a multinational Mining Company in Obuasi, has launched a ten-year Socio-Economic Development Programme (SEDP) to augment the development of the catchment areas of AGA(Obuasi). Dubbed SEDP, it comes to replace the three-year Social Management Plan (SMP), which was developed to drive the mine’s social investment for the...
A Financial Sector & Micro Small and Medium Enterprises (MSME) Financing Expert with the AFC Agriculture & Finance Consultants GmbH, Samuel Kojo Darko, says MSMEs in Africa need innovative and segmented financial solutions to grow sustainably. He maintained that African MSMEs have unique characteristics which translate into different business dynamics...
Rules for issuing Green Bond and Sustainability-themed products in the Ghanaian capital market have been approved by the Securities and Exchange Commission (SEC), Managing Director of Ghana Stock Exchange, Ekow Afedzie, has revealed. A green bond - a type of fixed-income instrument - is specifically earmarked to raise money for...
Canadian Independent College, Ghana (CIC Ghana), a leading Preeminent North American Day and Boarding school, on Friday July 1st 2022 held its 16th graduation ceremony at the campus of its Primary Division located in Airport Residential Area, Accra. The colorful event was attended by high profile personalities, families of the...
Irrespective of the ultimate conclusion of the legal tussle between defunct Savings and Loans Company uniCredit and the industry regulator, the Bank of Ghana (BoG), the Court of Appeal’s decision to rule in favour of the former in the matter of revocation of its licence will have far-reaching and...
In January this year, Big Joe - as he wants to be called - made at least GH¢700 daily as revenue from his business as a commercial transport (‘trotro’) driver in Accra, whose trip is from the central business district of Accra to Ashale Botwe. After taking out fuel...
Indigenous lender, OmniBSIC Bank, has recapitalised to about GH¢516million – above the regulatory requirement of GH¢400million. The large capital gives comfort to customers and the general public, strengthens the bank’s buffers and its balance sheet, as well as enhances its capacity to fund big-ticket transactions in an economy where...
Producers of locally manufactured products risk being outperformed with the start of the African Continental Free Trade Area (AfCFTA) if they fail to ensure their products meet the standard certification requirements, Principal Scientist at the Product Certification Department of the Ghana Standards Authority (GSA), Emmanuel Adjei, has said. This is...