The Bank of Ghana (BoG) has been elected as the African Financial Inclusion Policy Initiative (AfPI) Vice Chair. After two years, Ghana will take over the position of AfPI Vice-Chair while Seychelles takes over as AfPI Chair. An AfPI Leaders’ Roundtable will be held in the Seychelles in 2023. The...
Unilever Ghana, last year, increased its profit margin by 23 percent, the company disclosed when it took its turn at the ‘Facts Behind the Figures’ forum organised by the Ghana Stock Exchange (GSE) for listed companies. At the event, its Managing Director George Owusu-Ansah disclosed that the company’s revenue increased...
Code Management Group (CMG) has supported some businesses to undergo a four-month incubator programme for start-ups to pitch to investors for funds to grow their enterprises. This was done in partnership with the China Europe International Business School (CEIBS) as part of measures to bridge the start-up investment gap existing...
The Trades Union Congress (TUC) has expressed vehement disapproval over the proposed utility tariff increments put forth by the Ghana Water Company Limited (GWCL) and Electricity Company of Ghana (ECG). This concern comes on the back of a proposed increment in water tariffs of 334 percent and 148 percent for...
Trade and Industry Minister Alan Kyerematen has asked the private sector to help government in solving the country’s troubling unemployment challenge - warning that the country is sitting on a time-bomb. According to the 2021 population and housing census, Ghana’s unemployment rate almost tripled in little more than a decade....
Finance Minister Ken Ofori-Attaa says significant increases in financing for education is necessary if Africa is to overcome the learning poverty that entrenches inter-generational household poverty. Despite progress in access to education over the last decades, 80 percent of 10-year-old children in the region are unable to read and understand...
Zeepay, United Nations Capital Development Fund (UNCDF) and MoneyGram have announced a new additional service offered by Zeepay and UNCDF exclusively for MoneyGram's customers to complement the life of the remitter and their friends and families back home. The service is designed as a Micro Insurance product - known as...
In a rapidly changing, highly competitive, and sometimes hostile world of business, governments, organisational leaders, and policymakers are continuously seeking ways to improve competitiveness, industrialise, ensure business sustainability, national growth, and development. While various strategies and tactics are needed to achieve these goals, transaction lead and deal-making negotiators in most...
Ghana Oil Company Limited (GOIL), an indigenous and leading oil marketing company, has expressed interest in expanding its market share beyond the country’s shores to cover other West African countries. GOIL is looking at penetrating at least two West African countries in the next two years. The move is inspired...
The United States has outstretched its political and economic interests around the world. China has strategically extended its tentacles across both the Atlantic and the Pacific, conquered Africa, and intensified commercial operations in the Central Asia regions including the former Soviet republics - the backyard of the Russian Federation. Despite...