Author: Ellen Dapaah
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Employment C’ttee bemoans late submission of audited accounts by SOEs
The Ranking Member on the Employment, Social Welfare and State Enterprises Committee in Parliament, Dr. Kwabena Donkor, has bemoaned the failure of State-Owned Enterprises in the country to make their accounts available for auditing. Regulation 203(2) of the Public Finance Management Regulations 2019 requires that all State-Owned Enterprises must submit within two months after the…
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Ghana-Tanzania relations: Ghanaian businesses urged to expand to East Africa
The Tanzania High Commissioner to Ghana, His Excellency Dr. Benson Alfred Bana, has extended invitation to Ghanaian businesses to set up in the Eastern African country to give meaning to the African Continental Free Trade Area. According to the High Commissioner, Tanzania is well-positioned for Ghanaians who want to explore tourism and invest in Agriculture.…
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Jobberman Ghana, TATC expand their services to include talent management
Unemployed youth in Ghana now have a better opportunity of not just finding jobs and growing their businesses, but harnessing their talents through learning and upskilling for their personal development. This is because Ghana’s leading online recruitment platform, Jobberman Ghana, and its mother company, The African Talent Company (TATC), have unveiled the ‘Unlocking the next…
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AfCFTA Secretariat secures US$1 billion investment for development in Africa
To strengthen the continent’s industrial development efforts and boost intra-African trade, the African Continental Free Trade Area (AfCFTA) Secretariat has successfully secured a one billion dollar investment from the African Export-Import Bank. This, according to the Secretary-General of the Secretariat, Wamkele Mene, is to ensure development in priority value chains in the various participating countries.…
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African governments tasked to look within the continent in their bid for transformation
As part of efforts to boost trade in Africa, stakeholders are tasking African governments to look within their countries and the continent as a whole in their bid for economic transformation. It is for this reason that these industry players are organizing the ‘Kwahu Summit on Africa’s prosperity’ to provide the platform for various African…
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COCOBOD closes purchases for 2021/2022 main crop cocoa season
This year’s main crop cocoa season has been closed from today, Thursday, May 26, 2022. “It is hereby notified for the general public’s information that purchases for the 2021/2022 Main Crop Season will close on Thursday, 26th May 2022,” a statement from the Ghana Cocoa Board (COCOBOD) noted. Ghana’s cocoa season runs two cycles consisting…
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BoG urges African DFIs to enhance credit rating positions to boost investment
The Bank of Ghana is urging Development Finance Institutions across Africa to ramp up efforts to enhance credit rating positions to attract more global investments. Access to global debt capital and loan markets continues to remain a problem hence the call by the Central Bank for these financial institutions to implement policies that will attract…
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Gold exports push Ghana’s trade surplus to $1.3 billion in April
New figures from the Bank of Ghana have shown that Ghana’s total balance of trade recorded a surplus of US$1.33 billion in the first four months of this year. This, according to the Central Bank’s Summary of Economic and Financial Data, is equivalent to 1.9 percent of Gross Domestic Product (GDP). The surplus recorded is…
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Value of MoMo transactions decrease by 3% between March and April 2022
The value of mobile money transactions has seen a three percent decrease between March and April 2022. According to latest data from the Bank of Ghana, the value of transactions dropped from GHS90.5 billion in March to GHS87.7 billion in April. The number of MoMo transactions also dropped from 413 million in March to 403…
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BoG must be innovative in dealing with rise in PPI – AGI
The Association of Ghana Industries (AGI) is calling on the government through the Bank of Ghana to be more innovative in its approach to dealing with the continuous surge in producer price inflation. Currently, the cost incurred by producers of goods and services in the country stands at 31.2 percent. According to the President of…