BUSINESS NEWS

The Bank of Ghana is optimistic inflation will return to the medium-term target band of 8% +/-2 in the outlook. It believes inflation will return to the central target by the second quarter of next year. Inflation is expected to take a nosedive in the coming months due to receding …

The coalition of savings and loans customers is challenging government’s assertions that some 98% of all depositors of microfinance, savings and loans and financial houses whose licenses were revoked, have been paid their claims. The aggrieved customers contend government has only validated five hundred and three thousand out of the …

Report Provides Rich Perspectives from Scaling Innovations and Entrepreneurship,to Transforming Education Towards a Skills-based Model of Collaborative Learning and Powerful Calls for Policy Enhancements to Help Women and Youth in the Informal Sector. 12th OCTOBER 2020: Djembe Consultants, the award-winning Africa-focused communications consultancy, today launched its latest Insights Report in partnership with …

The World Bank is supporting the extension of the Debt Service Suspension Initiative (DSSI) for Ghana and other countries by six months. By 2021 WBG and International Monetary Fund Spring Meetings, the World Bank will also determine if the economic and financial situation of developing and emerging economies requires to …

The full implementation of the African Continental Free Trade Area (AfCFTA) agreement on January 1, 2021, is expected to see a reduction in customs duties within Africa, Secretary-General of the AfCFTA Secretariat, Wamkele Mene, has said. According to him, the implementation of the agreement will also witness a reduction of …

The 2nd deputy chief Executive Officer (CEO) of COA Research and Manufacturing Company Ltd and the daughter of Prof Samuel Ato Duncan, Princess Duncan has emerged as the Outstanding Women Young Entrepreneur in Ghana at the third edition of Ghana Outstanding Women Awards (GOWA).   The 2020 edition of Ghana …

The First Lady, Mrs Rebecca Akufo-Addo, says Technical and Vocational Education and Training (TVET) is the surest path to equipping the Ghanaian youth with employable skills for the world of work. Launching the first-ever TVET Expo in Accra, Mrs Akufo-Addo said having worked with young women as the Executive Director of …

The government has launched a GH¢2 billion guarantee scheme to support universal banks in the country to offer financial support to small and medium enterprises (SMEs) for them to recover from the COVID-19 shocks. The Ghana Care Guarantee Scheme (GCGS), to be administered by the Ghana Incentive-based Risk-sharing System for …

Mr. Selasi Koffi Ackom, Chief Executive Officer (CEO) of Ghana International Trade and Finance Conference (GITFiC), says all is set for the 2020 GITFiC Conference on Africa Continental Free Trade Area (AfCFTA). He said the two day conference slated 27th and 28th of October in Accra, would be on the …

A survey by the British technology research firm, Cable, has revealed that mobile data cost in Ghana ranks as the sixth-lowest in Africa and 34th in the world. The survey, according to Cable, was conducted in 228 countries in the world. The report was published last month and reveals further …