French multinational automobile manufacturer, Renault, Monday said it is considering the establishment of an assembly plant in Ghana. This brings to four, the number of vehicle manufacturers intending to put up assembly plants in Ghana. German auto giant, Volkswagen, Japan’s Nissan and China’s Sinotruk hope to establish assembly plants in the country. Fabrice Cambolibe, the …
Month: January 2019
SECURITIES AND EXCHANGE COMMISSION PUBLIC NOTICE BY THE SECURITIES AND EXCHANGE COMMISSION IN RESPECT OF COMPANIES GOING ON VOLUNTARY CESSATION OF BUSINESS (NOTICE NO. SEC/PN/001/01/2019) This Notice is issued pursuant to Sections 3(b) (f) (m) and 208 (c) of the Securities Industry Act, 2016 (Act 929). The Securities and Exchange Commission …
The Governor of the Bank of Ghana Dr. Ernest Addison has announced a cut in the policy rate from 17 percent to 16 percent. This represents a 100 basis point drop. This is the maiden meeting of the Monetary Policy Committee of the Bank of Ghana this year. The policy rate is the rate at …
In Tanzania, with an estimated 42 million people using cell phones and hand phones – 23 million of which are smartphone users – the telecom sector should realistically form the backbone of a dynamic and inclusive digital economy. However, an alarmingly high prevalence of fraud has resulted in the Tanzanian telecom sector haemorrhaging billions of …
Are you starting a new business? Are you struggling to make a profit? Then it might be time to look into a creating an operating budget. An operating budget is important as it helps to road map how your business is doing. Some important aspects it helps with are: reviewing your business’ performance objectively, highlighting …
Mr Rahul Kumar Singh (second left) and Mr Saurabh Verma (third left) other two other Lava officers performing the launch Lava, the fastest growing Indian mobile phone company has launched its operations in Ghana with a promise to deliver valuable and reliable yet affordable mobile technology to the market and community. Lava’s entrance into the …
Professor George Gyan-Baffour, the Minister of Planning, has launched Ghana’s Voluntary National Review (VNR) process on the implementation of the Sustainable Development Goals (SDGs). The primary objective of the VNR is to facilitate the sharing of experiences and mutual learning including successes, challenges and lessons learned, with a view to accelerating the implementation of the …
The Coalition of NGOs in Water and Sanitation (CONIWAS) has called on the government to increase budgetary allocation towards Water, Sanitation and Hygiene (WASH) to enable the country meet the investment requirement of the Sustainable Development Goal (SDG) 6. CONIWAS also urged government to make full and timely releases of approved budgetary allocation to the …
On Friday 4th January 2019 the Governor of the Bank of Ghana, Dr Ernest Addison held a press conference on the state of banks which had met the GHC 400 million minimum capital requirement. As of October 2018, there were 30 banks in the country but due to the race to meet the Minimum Capital …
A lack of accurate maps is a big problem in parts of Africa: for disaster relief agencies, local authorities and people looking for safe places to build homes. Could cheap survey drones and local volunteers help plug the gaps? Khadija Abdulla Ali is an unlikely drone pilot in the Tanzanian archipelago of Zanzibar. Conservatively dressed …