Why would a university graduate sell coconut? And who said some jobs are for men only? Well, I felt that way until I met Adowarim, a lady in a ‘strictly’ male dominated industry—coconut selling. Even though she showed so much interest in sports and excelled in basketball during her...
George Mensah Okley, an energy expert, who, until a year ago, was the Managing Director of the Bulk Oil Storage and Transportation (BOST) company, has been confirmed dead earlier today. Very reliable sources in executive management position at the company and its Senior Staff Association, confirmed to the B&FT that...
The Central Bank has placed a freeze on licensing of new banks and other financial institutions as part of its aim to strengthen supervision, which will come as a blow to investors seeking to enter the financial space without recourse to existing institutions. “To rationalise the banking sector to ensure...
As long as fraudsters see an opportunity to scam or "mugu" people, they will always try to. But you can avoid being defrauded by being a little bit vigilant. Below are 8 ways you can stay safe when using MTN mobile money. 1. Never give your MTN mobile money PIN to...
Individuals and Businesses from this month are likely to have their interest charged on facilities they access from commercial banks in the country reduced, because the Bank of Ghana (BoG) has set its maiden Ghana Reference Rate at 16.82%. This will see the cost of borrowing by businesses, especially the...
When it comes to medical diagnostics devices, Africa is seen mainly as a consumer not a producer. But young African Scientists like Dr. Laud Anthony Basing, the Medical Laboratory Scientist behind the COVID-19 Rapid Diagnostic Test kits manufactured in Ghana, are determined to change that narrative as the continent,...
As details of the Exxonmobile deal emerge, civil society actors are expressing alarm at the sweeping tax breaks the government of Ghana has granted the oil major, including a ten-year tax holiday which sets aside the five years allowed by the Petroleum Income Tax Act law. “The law provided that...
The World Bank has said that measures such as lockdowns used to curb the spread of the coronavirus pandemic by many advanced countries may not work in Africa, hence, the need for governments to design a model that will suit their systems. Some African countries including Ghana have resorted to...
Bank of Ghana (BOG) has today announced a reduction in its Monetary Policy Rate (MPR) by 200 basis points from the current 20% to 18%. The cut in the policy rate which is the biggest drop since November 2014, according to the Governor of the Bank of Ghana, Dr. Ernest...
The global beauty industry, according to Euromonitor International, is worth some US$670billion - an indication that Ghana can leverage this industry as it has recently seen growing interest among the youth. From every nook and cranny pops-up beauty shops like hair parlours, skin care shops, nail parlours, spas, cosmetic shops...