BUSINESS

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 …

The Engagement Manager at the Africa Centre for Economic Transformation (ACET), George Boateng, has called on government to fashion out a deliberate policy aimed at assisting smallholder farmers to access markets or export channels in the agricultural value chain. According to him, the policy could be the creation of a …

After several years of calling on the government to come to their aid by rescuing them from the financial hardship they encounter while going about their daily duties in the market, head potters, popularly known as Kayayei have finally had a solution to their problem as President Nana Addo Dankwa …

At least one person has been shot dead at Bonakye in the Nkwanta South Municipality in the Oti Region after an alleged chieftaincy clash between Konkomba and Akyode settlers. The incident which occurred on Thursday evening has also led to the arrest of some 13 others. The clash follows a …

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 …

The Vice-President of Ghana, Dr. Mahamudu Bawumia has said that the government has kept to its promise of ensuring that depositors who had their monies locked up in over 82 collapsed micro-finance institutions do not lose their funds, MyNewsGh.com reports. The Vice President in an exclusive interview with Kwame Adinkrah on Kumasi-based …

Oil prices fell on Thursday as new restrictions to stem a surge in COVID-19 infections increased uncertainty over the outlook for economic growth and a recovery in fuel demand. Brent crude LCOc1 futures had dropped $1.39, or 3.2% to $41.93 a barrel by 1247 GMT, while U.S. West Texas Intermediate (WTI) crude …

The World Bank has warned African countries, Ghana inclusive to spend wisely and implement innovative strategies which will broaden the tax net to capture every income-generating activity in order to close the vast fiscal gap induced by the pandemic – adding that the situation has further heightened the country’s risk …

There is heightened tension at the Akosombo Industrial Company Limited formerly the Akosombo Textiles Limited as some disgruntled employees issue death threats over service conditions. The aggrieved staff are asking management to immediately halt the 5 percent pay cut introduced in the wake of the COVID-19 pandemic or face their wrath. In …