In our part of the world, the responsibility of being a firstborn child becomes enormous as you grow up. There comes a time you have to be the strong one and carry the family on your shoulders. That is the exact situation Edna, our startup of the week, found...
The Institute of Statistical, Social and Economic Research (ISSER) of the University of Ghana has launched what is dubbed the ‘Retail Finance Distribution’ (ReFinD) initiative, aimed at researching the depth and role of financial inclusion in the country and on the continent. The about-US$5million research - funded by the Bill...
brand-new home of the Navara to start ramping up production Japan Motors’ brand new state-of-the-art automotive assembly plant has assembled 156 units since officially starting production at the end of March this year, 100 of which have gone straight to the local market for sale. The plant, the most technically...
The Bank of Ghana has procured 3,500 ounces of gold from Newmont Ghana as part of its Domestic Gold Purchasing Programme intended to shore up foreign reserves. This makes Newmont the first gold mining company to respond to this initiative from the central bank. Under the programme, the bank requires...
Attempts to cool off inflationary pressures remain unsuccessful, as consumer inflation increased almost four-fold to 27.6 percent year on year from 7.5 percent last year. Consumer inflation - which measures changes in the price of a fixed basket of goods and services purchased by households in the country - increased...
The increasing government investment in Technical and Vocational Education and Training (TVET), with the largest so far being US$131.6million, continues to modernise TVET while boosting its enrolment, which is now recorded to be 45,000 students in various programmes across the country. This development follows government’s vision of aligning all TVET...
The Association of Ghana Industries (AGI) and Development Bank Ghana (DBG) have signed a Memorandum of Understanding (MoU) in order to cement their relationship and commitment to promoting the growth of the Small and Medium-sized Enterprises (SME) sector and ultimately improving their contribution toward the development of Ghana’s economy. The...
Producers want a review of import duty on raw materials meant for production so as to make locally-made products competitive. Ideally, the Association of Ghana Industries (AGI) - which is the umbrella-body of leading local manufacturers - says such taxes are paid after production and not directly on import of...
Indigenous cocoa processor NICHE Confectionery Ghana Limited has unveilled former World Boxing Organisation (WBO) super bantamweight champion, Isaac ‘Royal Storm’ Dogboe, as the face of its nutritious, ready-to-drink cocoa beverage. The company and the 'Neho' boxer signed a partnership agreement that allows the giant processor to leverage the brand and...
The Fiaseman Rural Bank PLC at Bogoso in the Prestea Huni-Valley District of the Western Region has posted impressive growth in all financial indicators in the 2021 year under review. Operational performance The bank has posted a pre-tax profit of a little over GH¢11million, a remarkable growth of approximately GH¢6.5million compared...