To effectively stimulate economic activities as the nation adjusts to the pandemic’s presence, government should as a matter of urgency make certain activities the private sector’s exclusive reserve - particularly indigenous Small and Medium-sized Enterprises (SMEs).
This forms part of recommendations by an economist with the Department of Data Science...
ECOM Ghana, a pioneer in the cocoa value chain, has done it again by winning two awards at the 2021 Sustainability and Social Investment (SSI) awards. In addition to being named the ‘Best Company in Stakeholder Engagement’, Muhammadu Muzzammil-the firm's country director, received the ‘Sustainability Leadership’ award.
The SSI awards,...
Vodafone broadband customers have a lot to look forward to this Christmas, as the CIMG Telecoms Company of the Year introduces another exciting promotion for the festive season.
The initiative nicknamed ‘2 Moorch Christmas Promo’, will allow active broadband customers to enjoy up to 200% extra data when they top...
…as CAPEX for food production drops for 3-year running
Capital expenditure (CAPEX) for agriculture has been on decline in the last three budgets since 2020, with stakeholders forecasting that the constant phenomenon could deny the sector the needed growth particularly the quest to expand national irrigation schemes and investments in...
The Ghana Oil Company (GOIL) has suspended its membership from the Association of Oil Marketing Companies (AOMC) effective December 8, 2021, following an alleged accusation made by the AOMC.
The decision came after a December 7, 2021, statement from AOMC addressed to the Minister for Energy, Dr. Mathew Opoku Prempeh...
Zipline Ghana has been named among winners for the U.S. Department of State’s Awards for Corporate Excellence (ACE).
U.S. Secretary of State Antony Blinken announced the winners. The Department recognised Zipline Ghana for its innovative work to deliver perishable medical supplies, including COVID-19 and other vaccines, via its fleet of...
Diaspora led-project to create 5,000 jobs
The Africa Diaspora Development Initiative (ADDI) is to invest over US$100million into different sectors of the economy.
ADDI, which pools funds from the diaspora community, is eying opportunities in agriculture, healthcare and education, industrial parks, among others, under the first phase of its...
The Ghana Stock Exchange’s Financial Stock Index (GSE-FSI) is on course for its first positive annual return since 2017, data from the Accra bourse indicates.
The GSE-FSI, a market capitalization-weighted index comprising stocks from the banking and insurance industries, returned -6.79 percent, -16.94 percent, and -11.73 percent in 2018, 2019,...
15 new companies to be established in 5years
Efforts to make the country a pharmaceutical manufacturing hub in West Africa is gaining impetus following steps by the National Chamber of Pharmacy to establish an enclave and Special Purpose Vehicle (SPV) to provide one-stop-shop for the industry.
The enclave is being...
… container traffic up 45.6% year-on-year
Despite prevailing challenges due to the ongoing pandemic, the Port of Tema has recorded some impressive gains for the first half of the year, data from the office of the Director of the port indicates.
According to the data, container traffic by twenty-foot equivalent units...