President Nana Addo Dankwa Akufo-Addo says the establishment of the National Development Bank, under the Ghana CARES programme, is to provide support to businesses in Ghana. He said the government expected a boost in economic activities, which were already picking up, following the ongoing vaccination exercise and the easing of restrictions instituted to curb the …
WTO members made history when the General Council agreed by consensus to select Dr. Ngozi Okonjo-Iweala of Nigeria as the organization’s seventh Director-General. When she takes office on 1 March, Dr Okonjo-Iweala will become the first woman and the first African to be chosen as Director-General. Her term, renewable, will expire on 31 August 2025. …
The Chief Executive Officer (CEO) of the Association of Ghana Industries (AGI), Seth Twum Akwaboah, has said that even though COVID-19 created opportunities for some businesses in 2020, the majority of businesses were hard hit by the COVID-19 pandemic. He shared that the first quarter of 2020 was quite positive. However, with the presence of …
The Economic and Organised Crime Office (EOCO) has warned the public to desist from doing any transaction with a Chinese Company, Chy Century Heng Yue Group Limited or Sairui E-commerce Ghana Limited as they have been noted to operate ponzi schemes. The company, which also operates under the name Chy Mall/Sairui Mall allows customers to …
The Ghana Health Service (GSH) has sent out an SOS message to companies for them to revisit and intensify their decongestion plans to help break the new wave of the COVID-19 pandemic the country is currently battling. According to the GHS, the new wave of the pandemic shows that the infection is spreading more among …
The Social Security and National Insurance Trust (SSNIT), in accordance with Section 80 of the National Pensions Act 2008 (Act 766), on Thursday said the indexed monthly pensions have been increased upwards by 10 per cent 2021. SSNIT working in consultation with the National Pensions Regulatory Authority (NPRA) said all Pensioners on the SSNIT Pension …
Serene Insurance Company Limited, a subsidiary of the First Sky Group, has announced that it has fully met the New Minimum Capital Requirement of the National Insurance Commission, one clear year ahead of the official deadline. This announcement was made by Mr. Eric Seddy Kutortse, Executive Chairman of the First Sky Group, during the 18th …
Businesses that have yet to update their records on the e-register database could have their names struck out for not conforming to the standards required under the new Companies Act, the Registrar-General, Mrs. Jemima Oware, has cautioned. Speaking at a virtual seminar on the topic Ghana’s Business Ecosystem—Business Registration, Establishment, Regulatory Reforms, Immigration & International …
The Secretariat of the African Continental Free Trade Area (AfCFTA) has said it is working on a cross-border trade platform to enhance market access and trade connectivity for Small and Medium-sized Enterprises (SMEs) across the continent. The digital platform, it said, will enable SMEs to expand their reach and explore growth opportunities in the AfCFTA, …
MTN Group has been named the most valuable African brand with a value of US$3.3 billion. Brand value is the net economic benefit that a brand owner would achieve by licensing the brand in the open market. According to a survey conducted by Brand Finance Africa in 2020, it based MTN Groups ranking on its …