BUSINESS

The Bank of Ghana (BoG) Governor, Dr. Ernest Addsion, has announced a reversal of the cash reserve ratio on local currency deposits for banks, raising it from 12 percent to 14 percent effective April 13 as part of measures aimed at addressing the mopping-up of excess liquidity in the market, The banking …

US Vice President Kamala Harris has said the American government is in full support of Ghana’s talks with the International Monetary Fund for a bailout. She also announced during a joint press conference with Ghanaian leader Nana Akufo-Addo at the Jubilee House on Monday, 27 March 2023, as part of …

The Otumfuo Commemorative Gold Coin project is instituting measures for the formation of a task force to combat illegal gold mining (galamsey) in the Ashanti Region. The task force, to be known as Asanteman Task Force Against Illegal Mining, will be a corporate social responsibility initiative of the Otumfuo Commemorative …

The Ashanti people of Ghana are noted for their industrious nature and rich culture. A number of Ashantis have made great strides in the field of business and commerce, both locally and even on the international stages. A post shared by The Asante Nation on Facebook highlights the achievements of …

Scamming naive people who are hoping to make a quick profit is a practice that opportunists have been undertaking for thousands of years. As the times have changed, however, the scams and those perpetrating them, have evolved. From modern-day multi-layered marketing companies to multi-million dollar carpet cleaning companies that don’t …

Ghana has always been touted as one of the best places to do business due to its peaceful, stable and evolving business climate. This has proven to be true over the years as the country has seen various foreigners set up multi-million-dollar businesses in Ghana. However, a number of Ghanaian …

    Author: Samuel Shay is an International Business Expert and Chairman of leading Israeli tech firm, Gulf Technologies Systems   As my activities in the Gulf region increase, the need for future cooperation between Israel and the United Arab Emirates, (UAE) emphasizes the importance of policy changes, required from …

  The Global Chamber of Business Leaders (GCBL) has announced the appointment of Her Excellency Laila Rahhal El Atfani as a member of its Board of Advisors.   H.E. Laila Rahhal El Atfani is the Founder and Chief Executive Officer of Business Gate Dubai and I am Africa Platform.   …

  United Bank for Africa (Ghana) Ltd has been recognized by President Nana Akufo-Addo for the distinguished roles it played during the fight to contain the Covid-19 Pandemic. The award was presented at the 2023 National Honours and Awards held at the Accra International Conference Centre. The Bank donated an …

But for a partial payment of GH¢8 million of some GH¢13 million it owes power distributor Electricity Company of Ghana, the parliament of Ghana would have been taken off the national grid by the state utility company on Monday, March 20, 2023. The revenue mobilisation task force of ECG was …