A US$24.5m Indian Exim credit facility is to be used to develop and implement a plantation and out grower scheme in a bid to provide raw material for the beleaguered Komenda Sugar Factory. Trade and Industry Minister, Alan Kyerematen, told parliament on Thursday that the scheme will see the cultivation...
The Payment Systems Oversight report by the Bank of Ghana (BoG) shows the value of mobile money transactions as of December 2016 reached GH¢78.5billion, indicating a 121.5 percent growth compared to the GH¢35.4billion recorded over the same period in 2015. The report also shows that the number of registered mobile...
A ‘National Tax Campaign’ dubbed ‘#OurTaxesOurFuture’ has been launched, with a call on the tax paying population to comply with all tax obligations. The campaign is to ensure that citizens fulfil their civic duty by honestly declaring their taxes. The national campaign, spearheaded by the Ghana Revenue Authority (GRA), is being...
Vice President Dr. Mahamudu Bawumia has disclosed that all is set for the country’s digital payments systems to be brought together and put on a single platform, which is technically known as interoperability, this month. According Dr. Bawumia, who was speaking at the Global Business Forum on Africa in Dubai,...
National boxing legend and former WBC featherweight  and WBC super featherweight champion, Azumah Nelson, has held discussions with the Ghana Civil Aviation Authority (GCAA)–the aviation industry regulator–about establishing an airline. www.aviationghana.com sources say, the discussions took place months ago and the boxing ‘professor’ and his business associates are now expected to submit some...
#Justice4Her. A rallying cry in pursuit of justice for a 4 year old little girl. The cry chastised the police, urged the arrest of her alleged rapist, demanded action of a President, criticized inaction from a Ministry and petitioned Parliament to become more involved. A suspect is now, finally, in...
With increasingly more corporate organisations becoming targets for cybercriminals, Nobuhle Nkosi, Head of Financial Lines Africa, Allianz Global Corporate & Specialty (AGCS), has said businesses would be better off transferring the risk associated to cybercrime to insurers. According to her by 2020, the number of cybercrimes recorded globally would hit...
The H.E. Reem Al Hashimy, UAE Minister of State for International Cooperation and Director General of Expo 2020 Dubai, has said Expo 2020 Dubai will offer an opportunity to take UAE-Africa relations to new heights. According to her H.E. Al Hashimy, the UAE and Africa share historic trade ties because...
The Court of Appeal has dealt another blow to the International Finance Corporation (IFC) and the OPEC Fund after the two had sought to block an Accra High Court from looking into the substantive case of a suit brought against them by Quantum Oil Terminals. The Accra High Court had...
There is no one way to tackling cybercrime, but an effective stakeholder collaboration across the board could lead to tangible results, Akinwale Goodluck, Head of sub-Saharan Africa, GSMA, the body that represents the interests of mobile operators worldwide, has said. “There is no single solution to the risks associated with...