Absa Bank Ghana has partnered the Ghana Girl Guides Association (GGGA) to empower young women on how to make sound financial decisions. The GGGA “Be Inspired” weekly sessions which has become the perfect platform to engage members of the Association, was designed to support members with relevant insights on developmental and economic issues in these …
Deputy Trade Minister, Mr Robert Ahomka-Lindsay has launched the second edition of the Ghana Women Entrepreneurs Summit (GWES 2020) with a call on women to formalize their businesses and adopt online trading to survive the competition. He said for the Micro, Small and Medium Enterprises (MSMEs) to survive and progress in the coming years, formalization …
Businesses and financial institutions have been implored to institute robust security systems and surveillance in order to be fraud-protected. The call by the Country Chief Inspector of the United Bank for Africa (UBA), Chiedu Okonta, has become necessary, due to the increasing cases of fraud recorded in the financial sector. A 2014 PWC report showed …
The need to reduce the cost of digital transformation has been a pressing requirement to revamp businesses in order to ameliorate the impact of COVID-19 on the country’s economy. Businesses that had been stalled or moved at a snail’s pace were shifting their day-to-day operations out of the workplace into homes to avoid further spread …
The year-on-year inflation rate fell to 10.5 percent in August, a 0.9 percentage points lower than 11.4 percent recorded in July 2020. The monthly change rate for August 2020 is -0.4. “Total month-on-month inflation is negative because it is pulled down by negative Food inflation (-1.1 percent) and negative inflation for the Recreation, Sport and …
The National Insurance Commission (NIC), says it will soon hit the metropolitan and district business enclaves of the country to intensify its sensitization and enforcement drive on compulsory property insurance. This was disclosed by the Commissioner of Insurance, Mr. Justice Yaw Ofori in a recent statement. He indicated that though the Insurance Law, Act 724 …
Members of the Governing Council and Executives of GARIA Distinguished GARIA Members, Distinguished Resource Persons Invited Guests, Ladies and Gentlemen Good morning. I bring you warm greetings and felicitations from Governor Ernest Addison and the entire management team of the Bank of Ghana. I am truly humbled to have been called upon to give the …
MTN Ghana says it would exploit the several opportunities in the digital and financial services space and invest in infrastructure to further accelerate the company’s growth in the future. Chief Executive Officer of MTN Ghana, Mr Selorm Adadevoh told a virtual shareholders meeting on Thursday that the company would continue to stick to the drivers …
A recent study on C-Suite perceptivity of the economic impact of COVID-19 revealed that revenue connected to tourism, aviation, property sales and entertainment all decreased by over 90% in the first and second quarters of 2020. Conducted by industrialisation and supply chain expert Professor Douglas Boateng, the purposive study also explored the perceptions of Ghanaian …
Financial and risk advisory firm, Deloitte Ghana is proposing for an additional corporate tax deduction incentive for the worst-hit companies as a result of the coronavirus pandemic. According to the firm’s latest report in view of the 2020 mid-year budget review, the tax deduction policy when implemented will maintain at least 85 percent of employees …