Insurance and retail giants, Hollard Ghana and Melcom Limited have announced the addition of general insurance to their partnership following an endorsement by the National Insurance Commission. The addition will strengthen the insurance and retail industry’s pioneering partnership to widen insurance penetration and make it more accessible to Ghanaians. Via Hollard...
The quest by Ghana to transform its economy through Agriculture continues to gain momentum under the leadership of President Nana Addo Dankwa Akufo-Addo. Following the successful implementation of the food crop module of its flagship Planting for Food and Jobs (PFJ) initiative, government is set to achieve yet another milestone...
G-Money, GCB Bank Ghana Limited’s mobile money service has launched ‘Nexus,’ an open Application Programming Interface (API) system to onboard third-party Financial Technology (FinTech) partners. With the API, G-Money partners are now able to perform disbursements, collections and Bill Payments including the payment of school fees and utility bills. Additionally,...
The Savanna Agricultural Research Institute (SARI) of the Council for Scientific and Industrial Research (CSIR) has called on government to regularize BT cowpea, a genetically modified variety. The new insect resistant improved cowpea variety developed by the Institute in collaboration with partner institutions, has the potential to boost cowpea production by...
Child labour is a deep rooted problem in the world, it is very common in the developing world. Asia and Africa alone accounts for over 85% of the entire child employment in the world. Child labour is widespread in rural communities, hinterlands and deprived settlements. Child labour adversely impacts SDG1...
The COVID-19 pandemic has had both economic and social effects on local communities, resulting in an increase in crime, domestic violence, prices, and low business productivity. However, assistance from non-state actors such as churches and philanthropists provided significant support in complementing Government’s efforts to lessen the impact of the pandemic...
The government has set a revenue target of US$1 billion from export of vegetables over the next six to seven years. The projection is banked on recent investments in green house villages at Bawjiase, Akomadan and Dawhenya and the construction of irrigation dams across the country, which the government expects...
Businesses belonging to Persons With Disability (PDWs) from the northern part of the country have been provided with GH¢200,000 under the National Entrepreneurship and Innovation Programme (NEIP). The package is in line the Presidential Empowerment for Entrepreneurs with Disability through the Ministry for Business Development. In all, an amount of...
New data released by the Ghana Statistical Service (GSS) has revealed that the coronavirus pandemic led to a significant decline of sales in about 90 percent of local businesses surveyed in 2,770 localities in the country from May to June 2020. The report, dubbed ‘COVID-19 Local Economies Tracker’, which aims...
For the first time in 28 years, the Ghana Cocoa Board (COCOBOD) has signed a US$1.3 billion syndicated loan through a virtual platform with lenders and lead arrangers abroad. The meeting which was organized via a video conferencing due to the COVID-19 pandemic saw 28 banks participate in this year’s...