Government is looking at solar and other renewable energy options as it moves toward 100 percent nationwide electricity coverage by 2025, which is five years ahead of the Sustainable Development Goals (SDGs) target of universal coverage by 2030. With 85 percent of the nation covered by the national grid, the Ministry of Energy and its …
Month: October 2019
The Communications Minister has warned that Mobile Network Operators that fail to roll over unused data and voice bundles purchased by subscribers upon expiration would risk forfeiting their licences. Ursula Owusu Ekuful entreated telcos that do not agree with the Ministry’s policy directive to go to court for redress rather than rob consumers by passing …
Financial institutions will still succeed if they relax the stringent requirement for accessing credit, Chief Business Development Officer of Advans Savings and Loans, Giorgi Samadashvili, has said. Access to credit has been one of the biggest challenges of most small and medium scale enterprises. Apart from the prohibitive interest rates, many financial institutions have a …
The Ghana Post Company Limited has marked this year’s edition of the annual World Post Day, as it outlines its numerous achievements in recent past. World Post Day is celebrated each year on October 9. The Day marks is the anniversary of the establishment of the Universal Postal Union (UPU) in 1874 in the Swiss …
First, a deep cleanup of its banking sector battered Ghana stocks. Now, investors already appear to have a wary eye on elections due next year, curbing the prospects of any revival. The Ghana Stock Exchange Composite Index, the world’s third-worst performing equities benchmark in 2019 in dollar terms, has suffered as a government-led reorganization of …
The Bank of Ghana (BoG) on Tuesday ordered the closure of Aero Cash forex bureau operated by two Nigerians in Dzorwulu, Accra. This is due to failure by the operators to provide relevant documents to the Bank of Ghana to ascertain the legality of their operations. A team from the Other Financial Institutions Supervision Department …
Strategic Communications Africa Ltd. (Stratcomm Africa) has received an International Public Relations Association (IPRA) award for its innovative use of communication in promoting positive behaviours towards environmental conservation in Ghana through its ground- breaking Ghana Garden and Flower Movement. This was at the 2019 IPRA Golden World Awards for Excellence in Public Relations event which …
The GCEEI, a startup accelerator and business advisory firm which has operated in Ghana over the last 8 years, has rolled out a much-awaited business directory helpline to connect young entrepreneurs to the right resources. The business directory helpline, which is part of a newly set up Enterprise Development Support Project (EDSP), will play a …
T he Ghana Traders Union Association (GUTA) has criticised ECOWAS for failing to step in to get Nigeria to open its borders with neighbouring West African countries, which were recently closed. Nigeria is said to have closed the borders in a move by the government to stop about 45 products from being smuggled into the …
The Securities and Exchange Commission (SEC) has placed a six-month moratorium on the issuance of new fund management licensing as it begins processes to overhaul the licencing regime as well as clean up troubled sector. A release issued by the Commission stated that it will, however, continue to review applications for renewals for existing Fund …