Author: Emmanuel Oppong
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Dannex Ayrton Starwin Plc records over GHS 95 million revenue in 2022
Pharmaceutical company, Dannex Ayrton Starwin PLC remains resolute in restoring profitability after it achieved a revenue of a little over GHS 95 million in 2022 surpassing the over GHS 74 million recorded in 2021. The company however recorded exchange losses of about GHS 9.1 million under the year of review. Delivering his address at the…
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2023/2024 cocoa season: Stakeholders project increase in farm gate price to GHS 1,380
Ahead of Government’s announcement of the 2023/2024 farm gate price for cocoa, stakeholders are projecting an increase in producer price from the current GHS 800 to GHS 1,380 per bag of cocoa beans. This projected rise is as a result of prevailing rates on the international market. Government through the COCOBOD is scheduled to announce…
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Scale up effort to claim share of global pharmaceutical revenue – Sam Jonah
Players within the pharmaceutical industry across Africa have been charged to accelerate efforts in turning the fortunes of the sector not only into a more lucrative but lifesaving one. According to businessman and Chancellor of the University of Cape Coast, Sir Samuel Esson Jonah, the insignificant share of global pharma industry revenue leaves more room…
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Pharmaceutical Society charged to utilize AI to transform industry
Ghanaian businessman and Chancellor of the University of Cape Coast, Sir Samuel Esson Jonah is encouraging pharmacists across the country to leverage the emergence of Artificial Intelligence (AI) to better position the pharmaceutical industry for economic growth. This, he explains can be achieved by deepening collaborations with other technological bodies to offer world class pharmaceutical…
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IMF mission to visit Ghana from September 25
An International Monetary Fund (IMF) staff team will be in Ghana from September 25 through the first week of October to assess the implementation of Ghana’s Economic Recovery Programme. This will be the second visit by the IMF after its board approved Ghana’s bailout on May 17 and review the targets under the $3 billion…
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IMF bailout: Ghana on track to receive second tranche – Ofori-Atta
Finance Minister Ken Ofori-Atta says Ghana is on track to receive the second tranche of the IMF bailout cash in December to support the government’s balance of payments (BOP) for 2023 and 2024. The Bank of Ghana’s June 2023 summary of the Economic and Financial Stability Report shows that the bank’s BOP at the end…
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Oversubscription of govt treasury bills to continue over DDEP gains – Analyst predicts
Financial analyst, Courage Boti is predicting that government’s treasury bills will continue to be oversubscribed in the coming weeks. This, he attributes to gains made by the government in its debts restructuring exercise. The government has recorded an oversubscription of its treasury bill for two weeks in a row, with last week registering roughly 15.10…
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Five-year performance of GCB equity on the Ghana Stock Exchange
Investing in shares or stock or equity should be done with a long term view, this is because historically, the stock market outperforms all other asset classes particularly the traditional asset classes being T-Bills and bonds in the long term, beating inflation and recording significant returns. The stock market is known to record over 110%…
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Digital marketing: Event managers urged to explore growth opportunities
Event Managers have been urged to explore the numerous digital tools for the advancement of their businesses. The emergence of digitalization has transformed every facet of event management- from planning to the execution stages; event organizers have the options of creating the best experience for patrons through cutting -edge technology. Speaking at a stakeholder Forum…
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Govt. urged to commit more investments to enhance AI competencies
Government has been encouraged to commit more investment towards building the competencies of the student population in using Artificial Intelligence (AI) to help transform the country in the technological space. This, according to Deep Learning Indaba, a non-profit organization will strengthen machine learning and promote African innovators towards economic resilience. Delali Agbenyegah is one of…