MainOne has commenced the construction of its MDXi data center in Appolonia City as part of its regional expansion plans. The new Tier III facility in Appolonia Industrial Park is expected to be ready for service by the end of March 2021. From Appolonia City, MainOne, West Africa’s premier connectivity and data center solution...
Comfort Owusu, Executive Director of the Association of Rural Banks Ghana, has called on government to support Rural and Commercial Banks (RCBs) to retrieve locked up funds with the defunct financial institutions whose licences were revoked. She appealed for government to consider a tax reduction from 25 percent to 15...
Managing Director of the Agricultural Development Bank (ADB) Dr. John Kofi Mensah has disclosed that the establishment of key institutions like the Ghana Incentive Based Risk Sharing Agricultural Lending (GIRSAL) has helped the bank invest more in the agricultural sector. According to the ADB MD, since 2018 the bank has...
The disinfection of basic schools in the Savannah Region will help assuage fears of both pupils and teachers resulting from coronavirus disease (COVID-19) in the region. The Deputy Director-Supervision of Education, West-Gonja district in the Savannah Region, Katribi Dramani, made this observation during the disinfection of Yipala Junior High School...
To revive the  ailing tourism industry from the doldrums of coronavirus, amidst the new normal business climate, it is imperative for industry players to brace themselves for stern enforcement of precautionary health measures and safety protocols, Mr. Joseph Appiagyei, Acting Manager of Ghana Tourism Authority (GTA), in charge of...
New Crystal Health Services (NCHS) is supporting the fight against COVID-19 by helping corporate organisations roll out plans to better manage their employees amid the pandemic. It seeks to provide services ranging from workplace safety protocols to screening and testing employees. The move is to enable organisations resume full...
The Chief Executive Officer (CEO) of Ghana Cocoa Board(Cocobod), Mr. Joseph Boahene Aidoo, has hinted at conclusive discussions with President Nana Akufo-Addo to increase the price of cocoa in the coming months this year. Currently, government buys one bag of cocoa beans from farmers at GH¢515. The CEO said since the...
African leaders have been cautioned to be circumspect with debt forgiveness calls, as they have a great tendency to not only disturb the bond market but also make it difficult for a successful future bond issuance by African countries. Calls are rife that with the havoc caused to African countries...
Despite measures by the central bank to free-up capital for banks to support the private sector and hasten revival of the economy following the ruin caused by COVID-19, banks say they will remain extremely cautious about it as the hard times are affecting customers’ ability to pay back loans...
Demands accountability on unutilised ABFA The management of petroleum revenues remains flawed with numerous challenges, ranging from lack of transparency in utilisation of funds and a deviation in the core mandate of the Ghana National Petroleum Corporation's (GNPC), among others, 10 years on from the commercial production of oil...