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    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

    NIB MD laments cost of borrowing for private sector

    Finance professionals urged to develop strategies to boost ESG-driven business environment

    Gov’t likely to scrap E-Levy if its revenue stays low – Tax analyst

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    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

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    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

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    We’re not charging E-levy on merchant accounts – GRA

    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    AfCFTA Secretariat calls for accelerated dev’t for key infrastructure in Africa to boost trade

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

    NIB MD laments cost of borrowing for private sector

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    Gov’t still plans on tabling a legislation to compel banks to lend to the Agric sector – Agric Minister

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Enterprise Group PLC records 37% rise in revenue in 2021

    Prices of petrol, LPG to fall by 4% in first pricing window of July – IES

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    ASTM International pledges support for Ghana’s petroleum industry

    NIB MD laments cost of borrowing for private sector

    Finance professionals urged to develop strategies to boost ESG-driven business environment

    Gov’t likely to scrap E-Levy if its revenue stays low – Tax analyst

  • TECHNOLOGY

    Financial transactions will be allowed even without Ghana card from 1st July – GAB assures

    Losses due to fraud in banking sector in 2021 up by 144%; hits GH¢61m – BoG report

    BoG, CSA deepen collaboration to fight cyber threats

    Dr. Bawumia unveils Ghana’s first Tier IV data centre

    ADB pioneers in global remittance services in Ghana [ARTICLE]

    Introduction of GhanaPay complements efforts to capture the unbanked into digital payments ecosystem – Veep

    #CitiBusinessFestival: How the country can take advantage of the “Ghana Opportunity”

    Chamber of Telecommunications calls for more investment into Technology to improve livelihoods

    Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed

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    Africa’s internet economy to cross $180 billion by 2025: Report

    Regional economic cooperation needed to enhance Africa’s competitiveness – Bawumia

    Ivory Coast is set to receive $26.1 billion worth of development finance from 4 lenders, the EU and France

    Gulf central banks, Bank of England raise policy rates after Fed hike

    US Fed meets inflation surge with 75bp hike

    As Nigeria’s inflation rate accelerates to 17.71%, the World Bank warns millions could face extreme poverty

    Modern airline tickets design with flight time and passenger name. Plane tickets vector pictogram. Airline boarding pass template. Vector illustration. The concept of air transportation

    Ticket prices to rise following B.A schedule change on Accra-London-Accra route

    Bawumia calls for more AfDB support as African economies battle global challenges

    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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We’re confident Nana Addo’s ECOWAS appointment will help address trade disagreements – GUTA

byEllen Dapaah
September 9, 2020
in Business, Top Stories
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The Ghana Union of Traders’ Association (GUTA), says it is hopeful that the President, Nana Akufo-Addo’s appointment as the ECOWAS Chair will help address trade-related issues among members of the Community.

GUTA said this in a statement to congratulate the President on his new appointment as the Chairman of the Economic Community of West African States (ECOWAS).

“We are confident that as a leader of ECOWAS and also the host of the secretariat of the AfCFTA, he would use his good offices to ensure that the rules of engagements in these protocols are strictly applied in solving all trade-related matters,” the statement read.

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According to GUTA, the President will excel in executing his new roles “given his wealth of experience, knowledge and exemplary leadership, coupled with his full awareness of the enormity of the challenges facing the Community”.

Trade impasse

Over the years, there have been trade disagreements between Ghanaian traders and their foreign counterparts, especially Nigerian traders due to the involvement of the latter in retail business in Ghanaian markets.

This has led to the closure of some Nigerian shops in Accra and Kumasi on different occasions.

Clashes between Ghanaian and Nigerian traders have also led to the destruction of some properties of Nigerian traders.

The government has given indications that it is trying to approach the situation with tact to ensure that the relationship between the two countries is not marred, but the Ghana Union of Traders’ Association believes that government is not serving their interest.

Recently, the Nigerian traders filed a complaint to its government that its members had over time endured series of “progressive acts of hostility” allegedly meted out to them by Ghanaian authorities and traders, which included the closure of their shops.

This compelled the government of Nigeria to issue a strong warning to the Government of Ghana, stating that it will no longer tolerate any form of alleged harassment of its citizens residing in Ghana.

But in a communiqué issued on September 4 after a two-day bilateral discussion regarding recent hostilities in respect of the closure of shops of Nigerian retail traders, the Speakers of the Parliament of Ghana and the House of Representatives of Nigeria have resolved to work towards regularizing trading activities in both countries.

 

 

 

 

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