Ghana’s economy contracted by 1.1 per cent year-on-year in the third quarter (July to September) of 2020 compared to the same period in 2019 due to the coronavirus pandemic. In the same period of 2019, the growth was 5.6 per cent. Gross Domestic Product (GDP) growth rate without oil and …
Read More »Ghana’s debt stock hits GHS273.8 billion, crosses dreaded 70% debt-to-GDP mark
Ghana’s total public debt stock has risen by GHS54.8 billion in the first nine months of this year, hitting GHS273.8 billion as at the end of September 2020. Government is currently under pressure to slow down the rate of debt accumulation. The new debt figure pushes Ghana’s debt to GDP …
Read More »Stanbic Bank supports COVID-19 fight with donation of test kits to Ghana Health Service
As part of its ‘All for One’ campaign, Stanbic Bank Ghana has delivered 3,008 units of COVID-19 Polymerase Chain Reaction (PCR) test kits and 3,072 units of Nucleic acid (RNA) extraction kits to the Ghana Health Service (GHS) to enhance its COVID-19 testing and early case detection capacity. This is …
Read More »Premix Secretariat digitises fuel distribution
The National Premix Fuel Secretariat (NPFS) has embarked on a digitisation drive aimed at ensuring transparency and blocking leakages in the premix fuel trade. With the new drive, only fishermen with electronic cards can access the product, the Chairman of the National Premix Committee, Nii Lante Bannerman, has said. He …
Read More »Ecobank, Registrar General hold virtual sensitisation on business re-registation
Ecobank, in partnership with the Registrar General, has sensitised businesses on the Companies Re-registration Directive by the Registrar General’s Department to drive compliance. The event, which was held virtually on Wednesday, September 16, 2020 for over 2,000 participants, is part of the bank’s efforts to support and provide convenient solutions …
Read More »Don’t recruit young ‘inexperienced’ graduates to top positions – Organised Labour to GRA
Organised’s Labour is calling on the Ghana Revenue Authority (GRA) to desist from recruiting young graduates to the position of Chief Revenue Officers (CROs) and Assistant Commissioners (ACs) of the Authority. According to them, most of the young graduates lack the qualification requirements and years of experience required for one …
Read More »Vodafone CEO joins African leaders, others to speak on Africa’s economic recovery post-COVID-19
Vodafone CEO joins African leaders and international community to speak on Africa’s economic recovery after COVID-19 Chief Executive Officer (CEO) at Vodafone Ghana, Patricia Obo-Nai, has joined a host of African Leaders and international Community to share her thought of Africa’s Economic Recovery after COVID-19 at this year’s Bruegel Annual …
Read More »Agyapa Royalties transaction not suspended – Ministry of Finance
The Ministry of Finance has debunked claims that the Agyapa Royalties transaction has been suspended. “The Ministry wishes to state that the Agyapa Royalties transaction has not been suspended as is being reported,” a statement from the Public Relations Unit of the Ministry said. It said Mr Mark Agyemang, the …
Read More »ZEEPAY Mobile Money opens flagship branch in Kasoa
Zeepay, a fast-growing Financial Technology and Mobile Money company, has formally opened an office in Kasoa to serve the financial needs of residents of the area and its environs. The new flagship branch, located along the Bawjiase Road, according to Zeepay, would serve Kasoa, one of the fastest-growing cities in …
Read More »Hollard Insurance wins multiple awards at the 2020 Ghana Insurance Awards
Hollard Insurance, a subsidiary of insurance group, Hollard Ghana has won multiple awards at the recent 2020 edition of the prestigious Ghana Insurance Awards. The event, which took place at the plush Kempinski Gold Coast Hotel sought to honour deserving insurance companies and individuals for their enormous contributions and innovations …
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