Author: Ellen Dapaah
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Foreign investment inflows helped cedi’s stability in first half of 2021 – Economist
Economist, Courage Martey, has lauded the cedi’s performance so far this year. Ghana’s local currency has remained fairly stable in the first two quarters of 2021, experiencing a depreciation of less than one percent against the US Dollar between January and June. According to Mr. Martey, the stability of the currency can be attributed to…
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Bank of Ghana still working to introduce digital currency – Deputy Governor
Plans are far advanced for the Bank of Ghana to introduce a digital currency, according to a Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi. Last month, the central bank announced plans to start a three-phased pilot of the currency to determine its feasibility and subsequent circulation. Speaking to the media at a…
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Ghana positioned for better growth after exit from money laundering list – Ofori-Atta
The removal of Ghana from the global list of high-risk money laundering and terrorist financing countries has positioned the country for a stronger recovery in the coming months. This is according to Ghana’s Finance Minister, Ken Ofori-Atta, The Financial Action Task Force (FATF), the initiative set up to tackle money laundering globally, grey lists a…
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AfCFTA lays foundation for establishment of a Continental Common Market
The African Continental Free Trade Area (AfCFTA) has laid a foundation for the establishment, in future, of a Continental Common Market. Wamkele Mene, the General Secretary of the AfCFTA Secretariat, said the main objectives of the AfCFTA were to create a single market for goods and services, facilitate the movement of persons, and promote industrial…
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Minister pitches Ghana’s housing deficit to investors at international symposium
A Minister of State in-charge of Works and Housing, Freda Prempeh, has joined Ministers of States from Africa, attending the Annual General Meeting (AGM) and Symposium of the Shelter Afrique, underway in Yaoundé, capital of Cameroon. Established 40 years ago, Shelter Afrique is a company advocating the need for African governments to pull resources to…
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![Ghanaians welcome merger of SSNIT and Ghana Card numbers [Video]](https://citibusinessnews.com/wp-content/uploads/2021/06/ssnit-merger.png)
Ghanaians welcome merger of SSNIT and Ghana Card numbers [Video]
As the integration of the Social Security and National Insurance Trust (SSNIT) and Ghana Card numbers begin, Ghanaians have welcomed the exercise and its attendant benefits. The merger process began on Monday, June 28, 2021, and is expected to provide a convenient means to transact business using one integrated card. This is expected to improve…
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SSNIT numbers, Ghana card merger starts today
All Social Security and National Insurance Trust (SSNIT) cardholders are being urged to begin processes to merge their numbers to the National Identification card, also known as Ghana card, from today, Monday, June 28, 2021. This forms part of the government’s plan to synchronise all identification numbers onto the Ghana card system. According to the…
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Intravenous Infusions PLC expresses interest in producing COVID-19 vaccines in Ghana
Local pharmaceutical giant, Intravenous Infusions PLC, says it is in discussions with the government to explore the possibility of producing COVID-19 vaccines locally. The move comes on the back of a global shortage of vaccines leading to fears of dire consequences in Africa and other deprived countries. President Nana Akufo-Addo, during his 24th COVID-19 address…
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SSNIT numbers, Ghana Card merger to begin on June 28
As part of the government’s plan to migrate all identification numbers onto the National Identification card, also known as Ghana card, the Social Security and National Insurance Trust (SSNIT) will from Monday, June 28, begin processes to merge all SSNIT numbers to the Ghana card. The Director General of SSNIT, Dr. John Ofori Tenkorang, at…
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AGI beefs up efforts in promoting investment, export through GESP
The Association of Ghana Industries (AGI) has intensified efforts to attract investment for the country through the Ghana Employment and Social Protection Program (GESP). The program, which commenced in 2018 with a total commitment of 31.6 million pounds from the European Union, is aimed at strengthening social protection and employment systems in the country. Speaking…