Business

Re-channel part of your SDR portions for Africa – Akufo-Addo to developed economies

May 30, 2022

President Nana Addo Dankwa Akufo-Addo has, through a declaration, called on wealthy economies to channel a portion of their Special Drawing Rights (SDRs) for Africa through the African Development Bank (AfDB). “Call on wealthy economies to channel a portion of their Special Drawing Rights (SDRs) for Africa through the African Development Bank (AfDB),” he said. […]Continue Reading

Business

Bawumia calls for more AfDB support as African economies battle global challenges

May 30, 2022

Vice President, Dr. Mahamudu Bawumia, has urged the Africa Development Bank (AfDB) and the Africa Development Fund to offer more support to African economies in the midst of on-going global economic challenges. According to him, the AfDB has lived up to its billing of being at the forefront of the continent’s development, adding that the […]Continue Reading

Business

JoyNews exposé: Tonnes of soya exported illegally to Togo, other countries despite Agric Ministry ban

May 26, 2022

Chairman of the Cargo Truck Drivers, Imoro Mustapha, claimed they pay off customs and immigration officials at the border to allow for easy passage. “We and the [immigration officers at the] borders have put heads together. We pay the immigration one bag per 50 pesewas; the Customs, one bag per ¢2…there is Togo Police too, […]Continue Reading

Business

Access Bank unveils Daycare Facility for staff as part of its ‘we care’ initiative

May 26, 2022

Access Bank as part of its ‘We Care’ initiative for employees has officially unveiled an ultra-modern daycare facility for staff. The short and colorful event happened on Monday 23rd May 2022 at the Bank’s Head office in Osu. The facility is one of a kind and timely.  Staff of the institution have lauded the initiative […]Continue Reading

Business

Ghana Exim Bank CEO meets new President and Chair of Board of Directors, US Exim

May 26, 2022

A team from Ghana Exim Bank (GEXIM), led by its Chief Executive Officer, Lawrence Agyinsam, has met with representatives of the Exim Bank of the United States of America led by its new President and Chair of the Board of Directors, Reta Jo Lewis. The meeting took place on Wednesday, May 11, 2022 on the sidelines of […]Continue Reading

Business

Tullow records ‘strong operational performance in Ghana’ – CEO

May 26, 2022

Ahead of its annual general meeting, Tullow Oil plc’s CEO, Mr Rahul Dhir, has said in a statement there was “strong operational performance at our operated assets in Ghana in 2021, with improvements in FPSO uptime, gas offtake and water injection rates”. “This strong operational performance was also reflected in our drilling programme that saw […]Continue Reading

Business

Cocobod to close crop season May 26

May 26, 2022

The Ghana Cocoa Board (COCOBOD) will close its main crop season tomorrow, Thursday, 26 May 2022. “It is hereby notified for general information that purchases of the 2021/2022 Main Crop Cocoa Season will close on Thursday 26th May 2022,” COCOBOD said in a statement issued on Wednesday, 25 May 2022. It added: “In order to […]Continue Reading

Business

BoG’s monetary policy rate hike will lead to more challenges – Joe Jackson

May 26, 2022

Economic analysts are concerned about the Bank of Ghana’s recent decision to raise the monetary policy rate from 17 percent to 19 percent. According to them, while the measure may appear helpful in a way of addressing the rise in inflation in the country, it will lead to more complications in the economy. Speaking on Citi […]Continue Reading

Business TOP STORIES

6th CEO’s Summit pushes for ease of doing business law to boost economic growth

May 24, 2022

The Ghana CEO’s Summit is urging government to take a serious look at addressing the bottlenecks embedded in the country’s civil service and craft a framework that will streamline systems for a more efficient delivery of government services. The CEO’S Summit believes that easing business processes like tax filing, business registration and the likes will […]Continue Reading

Business

Mayor of New York to support Ghana’s tourism drive

May 24, 2022

The Mayor of New York, Eric Adams, has expressed his determination to support Ghana’s tourism drive which is aimed at making the country the tourism hub of Africa. In this regard, the Ministry of Tourism, Arts and Culture (MOTAC) and the office of the New York Mayor will work out joint strategies to achieve the […]Continue Reading