Author: Edna Agnes Boakye
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Auto Assemblers Association urges govt to fast-track key policies for industry growth
In a bid to promote the sustainability and growth of the automobile industry in Ghana, the Automobile Assemblers Association of Ghana, has called upon the government, particularly the Ministries of Finance and Trade and Industry, to expedite the implementation of key policies outlined in the Ghana Automotive Development Policy. Speaking at the inaugural Ghana Automotive…
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#CitiBusinessFestival: Forum on agribusiness value chain comes off today
The final Citi Business Festival forum comes off today, Tuesday, June 27, 2023. The topic is “Understanding and Leveraging Agribusiness Value chains”. The panel of experts will discuss “Opportunities in the Agribusiness Value chain and the best ways to take advantage of them”. They will look into, among other things value addition in the agricultural…
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Telecommunication network AirtelTigo rebrands as AT
AirtelTigo, a leading telecommunication network, has officially changed its brand name to AT, effective Thursday, June 22, 2023. In November 2017, Airtel and Tigo merged and became one company – AirtelTigo. Since that merger, the company has traded under the name AirtelTigo offering various telecommunication services from data to mobile money services and other mobile…
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Ghana’s economy faces mixed performance in first quarter of 2023
The latest data released by the Ghana Statistical Service (GSS) reveals a mixed performance for the country’s economy in the first quarter of 2023. While certain sectors experienced contraction, the services sector emerged as the driving force behind economic growth. According to the report, seven sub-sectors witnessed a decline in performance. The Water Supply, Sewerage,…
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Ghana’s economy grows by 4.2% in first quarter of 2023
According to the Ghana Statistical Service (GSS), Ghana’s economy experienced a notable growth of 4.2 percent in the first quarter of 2023 when compared to the corresponding period in 2022. The GSS data further revealed a positive development in the country’s real GDP, with a 1.1 percent increase in the first quarter, surpassing the previous…
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Cybersecurity expert urges BoG to strengthen regulation of loan apps to safeguard borrowers
Cybersecurity expert, Maximus Ametorgoh has called upon the Bank of Ghana to strengthen its regulation of loan applications, citing the potential risks faced by borrowers due to the proliferation of uncertified loan apps. His recommendation comes in response to recent actions taken by the Bank of Ghana, which has cracked down on 97 loan applications…
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IMF staff conclude visit to Ghana, acknowledge signs of economic stability
A team of experts from the International Monetary Fund (IMF), led by Stéphane Roudet, recently concluded their visit to Ghana, which took place from June 8 to June 15, 2023. The visit aimed to engage with Ghanaian authorities and stakeholders to assess recent economic developments and review the implementation of the Fund-supported program approved on…
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#CitiBusinessFestival: Taaka Awori shares insights on ‘Building a winning SME team’
In a thought-provoking session during the Citi Business Festival on-air series, Taaka Awori, CEO of Busara Africa, provided valuable insights on the topic “Building a winning SME team.” Speaking on Thursday, June 15, 2023, Taaka Awori emphasized the importance of institutionalizing companies to reduce reliance on individuals. She began by distinguishing between a team and…
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Fuel prices to rise marginally in next pricing window – COPEC
Petroleum prices in Ghana are set to experience a slight increase in the upcoming pricing window of June, except for Liquefied Petroleum Gas (LPG), according to the Chamber of Petroleum Consumers (COPEC). This increase has been attributed to the depreciation of the cedi against major currencies. The Executive Secretary of COPEC, Duncan Amoah in an…
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#CitiBusinessFestival: Absa Bank’s Audrey Abakah shares financing solutions for SMEs
On the Wednesday, June 14, 2023, edition of the Citi Business Festival on-air series, Audrey Abakah, the Director of SME, Agency Banking & Partnerships at Absa shed light on Absa’s comprehensive financing solutions designed specifically to support small and medium-sized enterprises (SMEs) in Ghana. Madam Abakah introduced an array of financing programs available to SMEs…