BUSINESS

Uganda’s education sector will fully recover from COVID-19 impact and aftereffects after 2030, according to Makerere University-based thinktank, Economic Policy Research Center (EPRC). In the research in which experts analyzed levels of key education advancement indicators such as enrollment, transitioning, and quality of education in the years preceding 2020 when the pandemic …

The Social Security and National Insurance Scheme (SSNIT) has merged the identity of a total of more than 1.9 million beneficiaries to the National Identification Card (Ghana Card), Mr. Joseph Poku, the Chief Actuary at SSNIT, has disclosed. Mr. Poku said the merger was done between June 28, 2021, to …

Stocks from three sectors – Mining, Finance and Technology – accounted for 94.5 percent of the market capitalisation of the Ghana Stock Exchange (GSE) at the close of the first half of the year, analysis by the B&FT has shown. Market capitalisation measures the total cedi market value of outstanding …

Pump prices of fuel have shot up 288 percent since January 2017 to date, according to data from the energy think-tank Institute of Energy Security (IES). In January 2017, a litre of petrol and diesel sold at GH¢3.65 and GH¢3.63 respectively, but now sells at GH¢11.32 and GH¢14.05 respectively, with …

Ghana Export Promotion Authority (GEPA) is to step up the promotion of Ghanaian Chocolates in a move to harness the untapped potential of the industry. GEPA has identified chocolates and the entire processed cocoa value chain as one of the priority products in the National Export Development Strategy (NEDS). Dr …

Acclaimed Ghanaian technologist and chemistry engineer, Dr Charles Owusu Mensah, has assured Ghanaians that the much-talked bullet trains are coming on board to boost the country’s economy. According to him, it will be a seamlessly integrated system that will help movement around the country. In his view, it is the …

An attempt by some driver unions to maliciously increase public transport fares without the consent of the main union, GPRTU, and the Ghana Road Transport Coordinating Council (GRTCC), who per the administrative arrangement, have the mandate to negotiate public transport fares on behalf of all driver unions, has hit a …

Carlo Sdralevich, leader of the IMF negotiation team in Ghana, has reaffirmed the government’s narrative that Ghana’s economic hardship is partly a result of the ongoing Ukraine-Russia war as well as the COVID-19 pandemic. Sdralevich, after meeting the various stakeholders in the country concluded that Ghana’s fiscal and debt situation has severely …

The exchange rate between the Euro and United States Dollar has reached parity – meaning the two major currencies now have the same worth. The development would make it the first in 20 years for such an occurrence. On Tuesday, July 12, the euro hit $1, which represented a decline …

  Indigenous Ghanaian energy technology company, Kofa, has announced the introduction of its high-end battery-powered motorcycles into the Ghanaian market. This follows a successful pilot program that tested the robustness and efficiency of the innovative motorcycles and batteries in Ghana. A series of courier and logistics companies, including Graphic Courier …