With non-financial stocks leading the rally DDEP 2 to dampen financial stocks The Ghana Stock Exchange (GSE) could end the year with as much as an 18 percent return on account of non-financial stocks’ performance, databank has stated in a revision of its market outlook for the year. At beginning...
The government, through the Ghana Enterprises Agency (GEA), has commenced its disbursement of GH₵35million in grants to some 270 selected micro, small and medium enterprises (MSMEs) under the Technical Assistance and Grant Programmes of the Ghana Economic Transformation Programme (GETP). The grants will enable beneficiaries to fund various projects ranging...
In a remarkable celebration of exceptional leadership and entrepreneurship, Mrs. Adelaide A. Siaw-Agyepong, CEO-Asian African Consortium (AAC), has been honoured with the distinguished title of Woman Entrepreneur of the Year at the prestigious National Governance and Business Leadership Awards (NGBLA 2023) 3rd edition. The glittering ceremony took place on Friday...
UBA Ghana Ltd. has welcomed Uzoechina Molokwu into the role of Deputy Managing Director, effective from August 1, 2023. His appointment is aimed at bolstering the management team's capabilities in overseeing operations within the country and driving its growth trajectory. Drawing from an extensive background spanning more than two decades...
Data released by the universal banks in the country during the second quarter (Q2) of 2023 affirmed stronger industry performance relative to the second quarter (Q2) of 2022. Prudential financial data released by the banks during the first-half of 2023 attested to the accelerated pace of the industry’s recovery...
The United Kingdom has pledged £3.9million to fight against the country’s illegal mining menace. The funding support is part of a new three-year initiative launched to complement government’s efforts to curb illegal mining activities, also known as galamsey, and their concomitant negative impact on the environment - particularly water-bodies. The programme,...
The centre-piece of the framework to firmly put the nation on a path to economic recovery and prosperity is the Ghana Mutual Prosperity Dialogues (GMPD), a public-private partnership aimed at attracting foreign and local investments while promoting shared growth anchored on job creation, exports and import substitution, finance minister...
After experiencing a volatile first half of 2023 (H1-23) marked by losses, the cedi is anticipated to sail smoothly in the latter half of the year - driven by significant foreign exchange (FX) inflows and a recovery in investor confidence. The country is poised to receive substantial funding, with US$900million from...
Finance Minister Ken Ofori-Atta has reaffirmed government's commitment to prioritising access to competitive financing for the private sector, in order to stimulate economic growth and create more jobs for youths in the country. Presenting the mid-year budget on the floor of parliament on Monday, July 31, 2023, Mr. Ofori-Atta said...
The chairman of parliament’s finance committee, Kwaku Agyemang Kwarteng, has called for renewed commitment to payment of taxes to help government overturn the current economic challenges. Although he said rationalisation of government’s expenditure is equally important in the recovery process, he admitted that it is not enough - underscoring the...

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