The Ministry of Fisheries and Aquaculture Development (MoFAD) has said it will penalise all fishers who refuse to use approved fishing nets, effective September this year. The use of unapproved nets alone in fishing is said to be costing Ghana more than US$30million each year, according to the Environmental Justice...
To position the Bank to embrace opportunities available in the payments and financial space, Access Bank has brought together industry stakeholders to review the bank's payment strategy in relation to global trends and available opportunities at a workshop for management and selected staff at the Labadi Beach Hotel in...
Ghana Post has been awarded the World’s Best EMS Customer Care by the Universal Postal Union in Switzerland. This is the second time Ghana Post is receiving the award. The prestigious award recognises the best Call Centres of EMS Best Cooperative Members. Speaking in a brief interview, the Deputy Managing...
Ghana’s ability to take advantage of the Africa Continental Free Trade Area (AfCFTA) has been dealt a major blow, after a baseline study found that only 5 percent of the country’s Micro, Small and Medium Enterprises (MSMEs) export their products. This was after surveying 84,592 MSMEs in 245 out 261...
Fidelity Bank has recorded a 32percent increase in profit before tax (PBT) for 2021.  This came to light at the bank’s recent Annual General Meeting (AGM) which was held virtually for its shareholders to review the performance of the bank for the year ended December 31, 2021. Within the period...
In order to make available funding to businesses, especially to entrepreneurs and startups, Senior Partner at AB & David Law Firm, David Ofosu-Dorte, says the central bank should introduce an index that allows for non-collateralised lending. Non-collateralised lending, also known as an unsecured loan, doesn't require any type of collateral; thus,...
industry set to increase contribution to GDP by 3% The insurance sector’s contribution to Gross Domestic Product (GDP) could increase by about 3 percent in the next ten years, given patronage of microinsurance products by the informal sector. Insurance contribution to national output is barely one percent at the moment,...
Data from the State Insurance Company (SIC) has revealed that transit trade for the first quarter of 2022 decreased by 23 percent compared to the same period in 2021. This was made known by the Head of Transit Bond Guarantee System at the SIC, Mr. Osei Ntiamaoh, at a meeting...
KfW, the German development bank, has reaffirmed that its partnership with the recently launched Development Bank Ghana (DBG) - which was signed in December 2021, seeks to provide much-needed support to the Small- and Medium-sized Enterprise (SME) sector and thereby promote sustainable development of the Ghanaian economy based on...
The workplace is filled with various tasks, assignments, projects, meetings, distractions and disruptions which we have to deal with every single day. The intensity may be more or less, based on the industry that you find yourself; nonetheless, no workplace is exempted from them. There are timelines tied to...

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