The discovery of oil has often not only triggered jubilation rather but also igniting optimism for economic development in developing countries. In developing countries, where oil is produced, most of these countries are known to be oil-reliant countries. Being an oil-reliant economy indicates that oil is considered a significant...
There is nothing more exciting for the graduate than landing a job opportunity right after graduation or national service. The excitement becomes even more when the job landed is a well-paying job – luscious take home pay! In our part of the world where graduates are now learning to...
The volume of Mobile Money Interoperability (MMI) transactions shot up by over 444 percent in the first half of this year compared to the same period last year. This is contained in the Ghana Interbank Payment and Settlement Systems (GhIPSS) Half-Year Performance report.
According to the report, MMI transactions from...
Finance Minister Ken Ofori-Atta is scheduled to present the 2020 Mid-Year budget on 23rd July, 2020 in accordance with Article 179 of the 1992 Constitution and the Public Financial Management Act 921. The 2020 budget is themed ‘Consolidating the Gains for Growth, Jobs and Prosperity for all’, with the...
A survey by government has shown that 95% of Ghanaians have, one way or another, heard about COVID-19; but only 80% of these believe that the virus is real and its impact are devastating - with the other 20% not believing it exists at all or are of the...
Radisson Hotel Group has announced the addition of six new hotels to its African portfolio, bringing the total to almost 100 hotels across 32 African markets.
Building on the recent announcement of its reinforced African development team structure, the announcement of the six new hotels further demonstrates the Group’s commitment...
As part of measures to enforce motor insurance compliance and safeguard vehicle users, the National Insurance Commission (NIC) will be deploying Automatic Number Plate Recognition (ANPR) on the roads to check fake insurance and non-insured vehicles plying the streets.
The ANPR has the ability to automatically recognise number plates of motor vehicles when read from an image...
The Managing Director of Absa Bank Ghana Limited, Abena Osei-Poku has been adjudged 2019 Outstanding Woman CEO of the Year by Entrepreneurs Foundation of Ghana (EFG) during its 2020 Ghana Entrepreneurs and Corporate Executives Awards ceremony held over the weekend.
The award is in recognition of Mrs. Osei-Poku’s inspiring achievements...
The Executive Women Network (EWN) has announced the appointment of a new Executive Committee to steer affairs of the Network for a two-year term.
The newly-elected Executive Committee comprises Eunice Biritwum - an Energy Consultant as Chairperson; Antoinette Kwofie - Executive Director, Finance at absa Bank Ghana Limited (Member); Theresa...
Microfinance companies are feeling the stress of COVID-19 on their operations, as data from the industry’s associations show that deposits/savings dropped by GH¢57million between February and April, 2020.
A recent survey, conducted by the Ghana Association of Microfinance Companies (GAMC) and the Network of Microfinance Institutions in Ghana, has shown...