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 …
The Securities and Exchange Commission (SEC), has indicated that it has commenced thorough research into cryptocurrency-related activities in the country following fears of a cryptocurrency scam. In the meantime, it has urged Ghanaians “to desist from engaging in these crypto entities.” “If you chose to go there, you are on your own,” the Deputy Director General …
The Securities and Exchange Commission (SEC) has assured as that, it is working with the Economic and Organized Crime Office (EOCO) and the Attorney General to speed up investigations into the operations of Menzgold. It follows the dismissal of a suit filed against the SEC and Bank of Ghana by gold dealership firm, Menzgold to …
The Ghana Interbank and Payment Settlement Systems (GhIPSS) has told Citi Business News it exceeded its Mobile Money Interoperability transaction target for 2018. The Mobile Money Interoperability platform recorded 2.2 million transactions at the end of 2018. GhIPSS was however targeting about half the number after Phase One of the platform was launched in May …
Following recent turmoil in the Banking Industry, some banks have had to merge and others acquired in the last two years. This development has had dramatic consequence on employment. This occurred on the heels of the Bank of Ghana’s announcement of an increase of the minimum capital requirement for banks from Ghc 120million to Ghc …