Author: Ebenezer Afanyi Dadzie
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Rice Millers reiterate call for support as demand for local rice increases
Rice Millers in the Northern Region are calling for credit support to help upgrade their equipment in order to meet the growing demand for local rice. An ongoing campaign for the consumption of Ghana Rice has increased demand locally especially as the yuletide approaches. But the millers say to meet the quantity and the quality…
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We’ve expanded to boost research and security in digital payments – IT Consortium CEO
The Chief Executive Officer of IT Consortium, one of the leading financial technology companies in Africa, Romeo Bugyei, has assured clients of his company’s commitment to strengthening its infrastructure base for maximum efficiency in digital payments. Speaking during the commissioning of the company’s new office block at Adjiringanor in Accra, Mr. Bugyei said the company’s…
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Bank of Africa partners CGIA Institute on Women in Finance & Investment Summit
Bank of Africa, a strong advocate of the UN’s Sustainable Development Goals, as part of its commitment to promoting Gender Equality partnered the Chartered Global Investment Analyst (CGIA) Institute to organize the Women in Finance & Investment Summit in Accra. CGIA Institute is the world’s largest and globally recognized professional body providing approved designation for…
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Nalerigu: Some traders rely on ‘Susu’ boxes over financial sector challenges
Despite the presence of many financial institutions including banks and micro finance firms across the country, about 43 percent of Ghanaians are still not served by any formal finance firm. This led to the formulation of Ghana’s National Financial Inclusion and Development Strategy in 2018, to among other targets, increase access to formal financial services…
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West Africa renames CFA franc but keeps it pegged to euro
West Africa’s monetary union has agreed with France to rename its CFA franc the Eco and cut some of the financial links with Paris that have underpinned the region’s common currency since its creation soon World War Two. Under the deal, the Eco will remain pegged to the euro but the African countries in the…
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Bonwire Kente weavers urge gov’t to stop importation of imitated kente
Kente weavers at Bonwire in the Ejisu Municipality of the Ashanti Region are calling on government to ban the importation of imitated Kente fabrics to protect the local kente industry. Kente, which is a Ghanaian product, represents royalty and pride especially in the Ashanti Region where its root is traced to Bonwire. The cloth, which…
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Buffer Stock Company to supply Senior High Schools with 100 percent local rice
The National Food Buffer Stock company (NAFCO), says all schools under the government’s Free Senior High School programme will from next year be supplied with 100 percent Ghana rice. According to the company, the move is part of efforts to promote the commodity in the country. This comes shortly after President Akufo-Addo announced at the…
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Major rice importer, Sucryza Distributors to mill and package Ghana rice
As the campaign for the consumption of local rice intensifies, some rice importers are now getting involved although others are against it because of its implications for imported or foreign rice. The latest to join the campaign is Sucryza Distributors Limited, one of the biggest importers of rice and sugar in Ghana. The company says…
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Withdraw ‘insensitive’ increase in BOST margins – COPEC to NPA
The Chamber of Petroleum Consumers (COPEC), wants the National Petroleum Authority (NPA), to withdraw an increment it has introduced to some petroleum products. The National Petroleum Authority on Friday directed Oil Marketing Companies (OMCs) and LPG Marketing Companies to apply an upward review of a combined 4 pesewas increase in fuel prices, but COPEC says…
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How can a business stand out in today’s highly competitive business ecosystem?
Change is the only constant they say. For businesses that are not monopolized, competition is a constant. These days competition has become so rife and serious that it can pull-down a company. So, what should a business do to sustain, survive and succeed in this competitive race? The foremost factor that leads the way for…