The country’s Non-Traditional Exports (NTEs) have yielded US$2.9 billion in revenue for the year 2019, a report by the Ghana Export Promotion Authority (GEPA) has shown. The report, which was launched at GEPA’s newly opened Ashanti zonal office in Danyame, Kumasi, showed the NTEs grew 3.1 percent over the 2018...
Just when I felt I had done justice to explaining how banking business differs from other businesses, I was jolted to come up with further expositions to clarify some public misconceptions about the nature of the assets and liabilities of a bank and how a seemingly strong bank may...
Medical drone giant, Zipline, has received commendations for its support to Ghana’s fight against the COVID-19 pandemic. The company, through its assistance in delivering COVID-19 samples to Noguchi and KCCR for testing, has brought lots of relief to many health facilities within their operational areas. Narrating the gains made as a...
Finnfund, a Finnish development finance company and impact investor, has provided a US$10 million senior loan to First National Bank Ghana Ltd. One of the key objectives of Finnfund’s investment is to support the Ghanaian financial sector and the growth of small and medium-sized enterprises (SMEs), and in particular,...
Cocoa farmers have appealed to Ghana Cocoa Board (COCOBOD), the industry regulator, to increase the producer price of cocoa beans in the coming 2020/2021 season by a significant margin. According to the farmers, cost of production has skyrocketed in recent times; and besides, the general standard of living among farmers...
African countries’ vision of opening up the continent to trade, especially among member countries, has taken shape with the official inauguration and handing over of the African Continental Free Trade Area (AfCFTA) secretariat in Accra. Ghana won the bid in July 2019 to host the secretariat of the AfCFTA and...
The latest Afrobarometer report by the Center for Democratic Development (CDD) has revealed that 60 percent of the country’s youth would “somewhat support” or “strongly support” higher taxes to fund programmes to help them. This is because the youth have identified unemployment as their major headache and would support any...
The Journalists for Responsible Fisheries and Environment (JRFE) is calling on government to end illegal transhipment of fish at sea popularly known as ‘Saiko’ to help better the lives of artisanal fishers. JRFE is worried about how the livelihoods of artisanal fishers in the four coastal regions of Ghana, are...
The new normal has exacerbated the need to speed up digitalization in Ghana’s financial services industry. The World Bank opines that, access to less expensive financial service is crucial in reducing poverty and boosting economic growth and this has become more critical as Covid-19 pandemic lingers. More so, the...
As we inch toward the December 7, 2020 elections, one key determinant of which party remains in power or which party comes to power should be youth empowerment.  The reason is simple - the youth should be the foundations and building blocks for national transformation. On August 12, 2020, the...