Author: Anita Arthur Kissi-Mireku
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Public thoughts on state of Ghana’s banking sector
Confidence in Ghana’s banking sector was hard hit by the banking sector reforms implemented by the Bank of Ghana some two years ago. The reforms saw the collapse and merger of some local banks, while some depositors who had their funds locked up are yet to access their cash. Latest data from the Bank of…
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Tullow Ghana records significant milestone of 300m barrels of oil from Jubilee Field
Tullow Ghana Limited, operator of the Jubilee and TEN fields, has recorded a significant milestone of 300 million barrels of oil production from the Jubilee field. Tullow and its partners GNPC, Kosmos, Anadarko and Petro SA, are an integral part of Ghana’s remarkable Jubilee story. With the support of the government of Ghana, the Jubilee…
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Dalex Swift allows clients to choose their preferred interest rates on investments
Dalex SWIFT is allowing customers to determine what interest rates they want to earn on their investments from October 5, 2020. Dalex SWIFT is a leading fully digital investment product that provides clients with a credible, convenient, and competitive path to a better life with over 134,000 registered users. Since its inception, SWIFT has given…
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Keeping policy rate at 14.5% good for economy – Economist
The decision by the Monetary Policy Committee of the Bank of Ghana to maintain the policy rate at 14.5 percent is a step in the right direction even as the country’s economy is adjusting to ways to be resilient from the effects of the COVID-19 pandemic. This is the view of Dr Lord Mensah, an…
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Qatar Airways officially commences operations in Ghana
Qatar Airways has commenced operations in Ghana with its first flight arriving at the Kotoka International Airport on the morning of September 29, 2020. The airline will operate four weekly flights to Accra, Ghana via Lagos, becoming the 4th new destination launched by the national carrier of the State of Qatar since the start of…
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Supermarkets in Ghana give prominence to made in Ghana products
Major supermarkets in Ghana in recent times have increased the prominence they give to Ghanaian products on their shelves. This was not the case in time past. Survey on Made in Ghana products A survey conducted by international advisory firm, Konfidants in 2019 on Made in Ghana goods sold in Ghana’s leading supermarkets showed that…
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Made in Ghana goods without made in Ghana logo will soon not qualify for export
Made in Ghana products which are not embossed with the made in Ghana logo will soon not qualify for export. The move according to the Ministry of Trade and Industry forms part of efforts to promote made in Ghana products on both local and international markets. The logo which was launched in April 2015 is…
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GSS begins recruitment and pre-certification of trainers for census
The Ghana Statistical Service (GSS) is currently recruiting prospective trainers to participate in a pre-certification training programme for trainers for the upcoming population census. The pre-certification programme is being offered for both National Trainers (trainers of Regional trainers) and Regional Trainers (trainers of Field Officers). This programme will combine virtual training with in-person modules and…
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Lands Commission to use auto maps to help address challenges associated with land acquisition
Ghana will in the short to medium term have auto photo maps whereby the entire country will be mapped to serve as a basis for the digitization of the lands in the country. Already all maps in Greater Accra have been scanned and are undergoing digitization. This, according to the Lands Commission, forms part of…
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S&P ratings will not affect investor confidence – Prof Quartey
Professor of economics at the Institute of Statistical, Social and Economic Research, Professor Peter Quartey says he believes investors will be discerning about the latest ranking from international ratings agency, Standard and Poor’s which saw Ghana’s credit rating move from B to a B negative. Already the Ministry of Finance has described as unfortunate the…