In 2018, the Ministry of Finance in collaboration with financial sector regulators and other key stakeholders developed a National Financial Inclusion and Development Strategy (NFIDS) to address the fundamental barriers preventing the underserved population from accessing financial products and services that would enable them to generate income, build assets,...
…as inflation drops significantly to 45% in March 2023 Market observers are predicting that the Bank of Ghana (BoG) Monetary Policy Committee (MPC) will keep the benchmark policy rate at its current level in the next meeting in May, following a significant decline in consumer inflation to 45 percent in...
The National Petroleum Authority (NPA) is developing a framework to regulate the importation, storage, processing and marketing of bitumen in the country. The framework, which will have inputs from the Ghana Standards Authority (GSA), Ghana Highways Authority (GHA) and Customs Division of the Ghana Revenue Authority (GRA), is to streamline...
Amid renewed investor participation in the equities market, the Portfolio Manager at EcoCapital Investment Management Limited, Elliot Amponsah, has advised investors to diversify their investments in the stock market to mitigate risks. According to him, equities come with a higher level of risk than other asset classes - making it...
 …has only 54 officers instead of 800 The Department of Factories Inspectorate (DFI) says an estimated 800 inspectors are required to effectively oversee the supervision of factories’ health and safety needs nationwide. The department currently has only 54 inspectors across the country, and says it will need over 700 new hands...
There is a need for more well-managed airlines if the African Continental Free Trade Area (AfCFTA) is to be a success, vice president, Ethiopian Airlines Group in charge of Ethiopian-Holiday, Digital Sales and Global Customer Interaction Centre (GCIC), Hailemelekot Mamo, has said. He said the air transport industry plays a...
Access Holding Plc has announced the completion of a US$300million capital investment into its flagship subsidiary, Access Bank Plc with Ghana as one of its leading strategic subsidiaries in Africa. In a corporate disclosure, Access Holdings explained that the proceeds will supplement the capital needs of its African expansion strategy. With...
The 3rd edition of KUSI Consulting HR Professionals Brunch (HRPB) will be held on Thursday, May 18th at the Fiesta Royale Hotel in Accra The HR Professionals Brunch is an event intended to bring together transformational Human Resource leaders and decision-makers at a venue where they can establish and nurture...
The yet-to-be constructed US$25 million MTN Ghana's information and communications technology (ICT) Hub would accelerate the country’s digital transformation agenda, Communications and Digitalisation Minister, Ursula Owusu-Ekuful, has said. “It’ll be the venue for Ghana’s creative minds and innovators to explore and nurture ideas to address economic problems, provide technical support...
The Head of Investment Banking at Stanbic Bank Ghana, Kobby Bentsi-Enchill, has underscored the need for the country to pay close attention to developing its domestic capital markets. Speaking at the official listing of Bayport Savings and Loans’ Bond Issue at the Ghana Stock Exchange, Mr. Bentsi-Enchill said such...