The champion of Ghana’s Sharks Quiz Season 3 and a recent graduate of Academic City University College, Faith Sobe Cyril, has landed a Software Engineer role at Apple in London, UK. Cyril, who earned first-class honors from Academic City College, has a history of academic excellence that has consistently set …
Read More »UBA Ghana is the most Sustainable Bank of the Year 2024
United Bank for Africa (UBA) Ghana has been announced as the winner of the Most Sustainable Bank of the Year 2024 category by the Global Business Magazine Awards. This prestigious recognition underscores UBA Ghana’s unwavering commitment to excellence in environmental, social, and governance (ESG) practices, reinforcing its position as …
Read More »Ministry of Finance to introduce 36 Double Taxation Agreements
Daniel Nuer Daniel Nuer, Head of the Tax Policy Unit at the Ministry of Finance, Ghana, has revealed that the Ministry of Finance is working to introduce about 36 more Double Taxation Agreements in addition to the 14 currently being enforced in Ghana. According to Mr. Nuer, six of the …
Read More »Next-of-Kin Do not Automatically Inherit Account Of Deceased – BoG
To inherit or access a deceased customer’s account, one must be named as a beneficiary in the deceased’s Will, BOG claims. Furthermore, a court of competent jurisdiction must issue Letters of Probate to empower the beneficiary to access the account. The Bank of Ghana (BoG) has clarified that being named …
Read More »Cedi Depreciates 24.5% To Dollar Since January
The recent depreciation of the Ghana cedi against the major foreign currencies is expected to continue due to subdued foreign exchange liquidity. Last week, the local currency depreciated across the major trading currencies as foreign exchange liquidity remained subdued. Additionally, Ghana Cocoa Boards’s intention to abandon its annual cocoa syndication …
Read More »Peasant farmers fight against govt’s ban on grain export over proper stakeholder engagement
The Peasant Farmers Association has expressed dissatisfaction with the government’s recent decision to ban the export of essential grains, including maize, rice, and soybeans. This reaction follows an announcement by Minister for Food and Agriculture, Bryan Acheampong, who introduced the ban as a measure to safeguard food security amidst an …
Read More »Cedi depreciation to worsen if food import becomes an option – Finance Minister
Finance Minister Dr. Mohammed Amin Adam has warned of a possible increase in foreign exchange demand if Ghana is forced to import food to address shortages caused by the ongoing drought in Northern Ghana. During a press conference in Accra on Monday, August 26, Dr. Amin Adam expressed cautious optimism …
Read More »ECG’s metering system upgrade results in GH¢893 million loss in two months — William Boateng
The Electricity Company of Ghana (ECG) between July and August, 2024, recorded a revenue shortfall of over GH¢893,158,654 as part of the on-going process of upgrading its prepayment metering system in its operational areas. According to the company, the loss was as a result of customers not paying for the …
Read More »Applications Now Open for the MEST Africa Challenge 2024
– ’Find Your Soil’, Nurture Your AgriTech Innovation and Win $50,000 in Equity Funding The Meltwater Entrepreneurial School of Technology (MEST Africa), in collaboration with the Norwegian Embassy, proudly announces the launch of the 6th edition of the MEST Africa Challenge (MAC). This year’s challenge seeks to identify …
Read More »World’s fastest charger can charge your smartphone in 5 Minutes
Researchers have introduced a groundbreaking smartphone charging technology capable of fully charging a device in under five minutes. The 320-watt charging technology, named “320W SuperSonic Charge,” was developed by Chinese electronics company Realme, setting a new benchmark in fast charging. This innovation surpasses previous records, including the 300-watt charger unveiled …
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