Author: Ellen Dapaah
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GSS, MoFA deploy 801 personnel to conduct nationwide survey on food security
The Ghana Statistical Service (GSS), in collaboration with the Ministry of Food and Agriculture (MoFA), is conducting a nationwide household survey on Comprehensive Food Security and Vulnerability Assessment (CFSVA). The survey is being conducted under the auspices of the Food and Agriculture Organiszation (FAO) and the World Food Programme (WFP). A statement signed by the…
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Stakeholders in banking sector hopeful of more digital means of providing services
In a world where technology seems to be permeating every facet of life, stakeholders in the banking industry are hopeful of a complete digital transformation in all transactions. The COVID-19 pandemic, which unexpectedly hit every sector in the world forced individuals and companies to come up with innovative ways to survive. Most people ended up…
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CalBank hopeful of more stability on Ghana Stock Exchange
The Managing Director of CalBank, Philip Owiredu, is hopeful that the bank’s price on the stock market will experience some stability and even see some appreciation in the coming months. Despite registering strong profits across board for the first three quarters of 2020, listed banks on the Ghana Stock Exchange, including CalBank, continue to see…
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Regional conference on AfCFTA, NEDS implementation held at Damongo
A one day regional conference on the implementation of the African Continental Free Trade Area (AfCFTA) agreement and the National Export Development Strategy (NEDS) has been held in Damongo. The conference was organized by the Ministry of Trade and Industry, the Ghana Export Promotion Authority (GEPA) and the National AfCFTA Coordinating office. The conference in…
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ITU, Norway to support Ghana’s Digital Transformation Centre initiative
As part of efforts to push the government’s digitalization agenda, the Minister for Communications, Ursula Owusu-Ekuful has signed a three-year partnership agreement with the International Telecommunication Union (ITU) and the Norwegian Government to support the Digital Transformation Centre (DTC) Initiative in Ghana. The new partnership creates a collaboration between Cisco and the Ghana Investment Fund…
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Local businesses recovering but challenged with low revenue – Business Tracker reveals
Findings from a second-round COVID-19 Business Tracker Survey conducted between August and September 2020 has revealed that Ghanaian businesses are recovering, with many firms now fully reopened, following the lifting of the country’s partial lockdown. However, the results show that firms continue to report a decline in sales, difficulties in sourcing inputs, and challenges in…
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Africa Financial Markets Index 2020: Ghana places sixth out of 23 countries
Ghana’s financial development has improved more than any other country on the continent in the last year. This is according to an annual review of Africa’s financial markets. The Absa Africa Financial Markets Index, produced by OMFIF and sponsored by Absa Bank, provides a toolkit for countries seeking to strengthen their financial markets infrastructure. It…
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Inflation drops to 10.1%; lowest level since March 2020
The national year-on-year inflation rate in Ghana has dropped for the third consecutive time falling to 10.1 percent in the month of October. The inflation rate for October is therefore 0.3 percentage point lower than the inflation rate for the month of September. The decrease was influenced by the lower inflation levels of some non-food…
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Government to provide incentives to encourage private sector in funding petroleum hub
To turn Ghana into a petroleum hub in the West African sub-region with ultra-modern refineries, pipelines, storage facilities, and transportation facilities, private sector participation is needed. It is in this regard that the government is advocating for private sector companies to support the project which is expected to cost US$60 billion, with funds. On the…
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Regional events on AfCFTA and NEDS to hit regions in November – GEPA
Regional conferences on the implementation of the Africa Continental Free Trade Area (AfCFTA) agreement and the National Export Development Strategy (NEDS) are to be rolled out nationwide throughout the month of November 2020. This follows on the heels of the National Conference held at the Accra International Conference Centre on October 20 to 21 2020…