For the country to achieve its lofty local content goals, the financial services sector, led by the banks, would have to cast off its fear of the risks and huge capital required, and venture into...
Export earnings from shea butter products last year reached US$64 million, up from US$52 million in 2014, a 23 percent growth over the previous year, according to the latest figures from the Ghana...
The Bank of Ghana is to soon come out with revised regulations on Ghana’s mobile financial service sector. It follows what the central bank views as the significant contribution of the current...
The World Bank will provide up to $500 million to Ghana in the form of a partial risk guarantee for use if the country defaults on payments for gas from the Sankofa field, the state oil company said...
Sixty tonnes of foundation seeds worth US$200,000 meant for rice cultivation can no longer be used as seeds because they were kept at the Tema port for several months after they had arrived....
The Oasis Africa Venture Capital Fund (OAF) has been recapitalised to US$27 million with the support of new funds from three institutions. The recapitalisation is the second phase of OAF, which...
Availability and ease of access to credit remains a huge challenge for the private sector. Latest data from the Bank of Ghana suggests a general credit squeeze to the private sector in 2016, amidst a...
The governing National Democratic Congress (NDC) has refuted allegations by the opposition New Patriotic Party (NPP) that it engaged the International Monetary Fund (IMF) for a “bailout”....
The Bank of Ghana (BoG) has set up a technical committee to advice it on new modalities to be used in increasing the minimum capital of banks. The setting up of the committee followed the outcome of...
Allegations of discrimination in the supply of farm inputs to cocoa farmers have been denied by the Ghana Cocoa Board (Cocobod). Accusations swirled that cocoa farmers affiliated to the governing...
The Chief Executive Officer of Fidelity Bank Edward Effah has lamented, Ghanaian businesses appear content to be local champions with little interest in becoming big global players. Expressing...
Ghana has placed 72nd in the 2016 economic freedom index. This was revealed in a presentation by James Roberts, a research fellow at the Heritage Foundation, Washington DC. Ghana ranked 72nd among...
Head of Public Affairs at the Ghana Standards Authority (GSA), Kofi Bediako Amponsah, has suggested that a change in Ghana’s vehicle importation policy, will resolve the importation of toxic fuel...
Efforts by Managers of Ghana’s economy to arrest inflation in the past four years have proved futile as prices of goods and services continue to soar in the country. The situation has impacted...
Lack of infrastructure and funds are the constraints to Ghana’s quest to fast-track the processes to achieve low sulphur content in diesel and other petroleum products, the National Petroleum...
Only three out of 36 listed firms on Ghana’s Stock Exchange have since January 2016 registered growth in their share prices, The Business Finder reports. The market capitalisation of the 36 listed...
The presidency has dared the former Rector of the Ghana Institute of Management and Public Administration (GIMPA), Professor Stephen Adei, to name the “incompetent young people” that he claims...
Former Volta River Authority (VRA boss), Kweku Andoh Awotwi, has said the country is not ‘home and dry’ as far as the power supply situation is concern. According to Mr. Awotwi: “What we need...
A fundamental problem of the country’s cashew sector is the absence of a regulatory framework and body to manage, control and sustainably grow the sector, the Cashew Industry Association of Ghana...
The global market for organic agricultural produce is growing in leaps and bounds, but the country is hardly taking advantage of it, the Ghana Ecological Organic Agriculture Platform (GEOAP), has...