BUSINESS

100K for Ghana, a development initiative, is constructing a weaving centre for popular traditional cloth, Kente at Kpetoe in the Agortime-Ziope District of the Volta Region. Mr Enoch Antwi, CEO and President for 100K for Ghana, which had been advocating for the kente weaving at Kpetoe, said the centre when …

2020 Audit report found $11m loss in pensions investment A-G asks SNNIT management to investigate SSNIT failed to retrieve GH¢146.9m loan from Ghana Road Fund Ghana’s Auditor-General, Johnson Akuamoah Asiedu, has urged the management of SNNIT to punish the officers responsible for the $11m loss in pensions investment. The Auditor-Generals recommendation …

Academy Award-winning actor and social activist Forest Whitaker was recently announced as a strategic investor in NBA Africa. The 60-year-old joins other NBA Africa strategic investors including former NBA players Luol Deng (South Sudan) and Dikembe Mutombo (the Democratic Republic of the Congo). Former U.S. President Barack Obama was also …

President Nana Addo Dankwa Akufo-Addo has said the Volta River Authority (VRA) made profit for the first time in nine years. He noted that stable electricity power has been provided under his administration. The President disclosed this on his Facebook page as part of the achievements of his government in …

Bank of Africa awarded for contribution to Diversity and Inclusion in the finance sector Support women to take top management positions in Ghana – CGIA CGIA holds 2nd Women in Finance and Investment Summit Chartered Global Investment Analysts (CGIA) Institute has awarded six Ghanaian women for their contribution to finance …

Aviation giants, Emirates Airlines has extended an initial 48-hours ban for flights from Accra to Dubai indefinitely. “Emirates flight suspension from Accra to Dubai effective December 27, 2021, is now extended until further notice,” the airline said in its urgent broadcast sent to trade partners on Tuesday, December 28, 2021. …

Touted as one of the fastest-growing economies in Africa, Ghana is home to 110 multimillionaires and 2,800 high net-worth individuals. Collectively, they control roughly $56 billion in assets. Despite not having any billionaires in dollar terms, Ghana is leaps and bounds ahead of many African countries in terms of wealth …

Cedi depreciated averagely by 9 percent at the retail market leve At the interbank market cedi currently depreciating by 3 percent on the average Cedi depreciated by 3 percent averagely for both interbank and interbank in 2020 A Senior Currency Analyst at Databank Research, Courage Martey, has indicated that the …

West Africa records US$164.1 external public debt, Statista Nigeria, Ghana and Ivory record highest debt levels in the sub-region Governments in West Africa continue to borrow significantly, Report It is important to note that figures captured from the Statista report were published on June 10, 2021. Public debt stocks of …

New prices for sachet and bottled water kick in today, December 27, 2021; per an announcement days ago by the National Executive Committee (NEC) of the National Association of Sachet and Packaged Water Producers (NASPAWAP). According to the statement from producers, the price of a unit of sachet water will …