Author: Lawrence Segbefia
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Ogilvy leads African Sabre Awards taking 17 out of 37 awards
Ogilvy has emerged triumphant in the global PR industry’s prestigious SABRE Awards for the Africa Region, with Ogilvy offices capturing 43% of all trophies awarded. The SABRE Awards are the world’s largest PR awards programme, recognising superior achievement in branding and reputation in North America, EMEA, Asia-Pacific, Latin America, South Asia and Africa. The pan-African…
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Prof. Samuel Kobina Annim named new gov’t statistician
An Associate Professor of Economics, Professor Samuel Kobina Annim has been appointed as the new Government Statistician. He assumed duty on March 1, 2019. The appointment of Prof. Annim by President Akufo-Addo was recommended by the Public Services Commission. Prior to his coming into office, David Kombat was acting as the government’s statistician following the…
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Peasant farmers association welcomes Planting for Export policy
The Peasant Farmers Association of Ghana has welcomed government’s new Planting for Exports and Rural Development policy. “You know we have said it over and over again that they should listen to the problems or the challenges we face with managing the economy.So if government now comes to realize that there is a need for…
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SMEs urged to adopt sustainable methods to access European market
Small and Medium Size Enterprises in Ghana have been urged to adopt sustainable practices in order to access profitable markets in Europe and the North America. The comments were made at the launch of the first Trade for Sustainable Development Hub in West Africa here in Ghana. The Trade for Sustainable Development Hub in Accra is…
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Sub-Saharan economic growth recovery to take longer – World Bank
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The World Bank has cut its growth forecast for Sub-Saharan Africa this year to 2.8 percent from an initial 3.3 percent, it said on Monday. The commodity price slump of 2015 cut short a decade of rapid growth for the region, and the bank said growth would take longer to recover as a decline in…
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BoG justifies introduction of upgraded cedi notes
The Bank of Ghana (BoG) says the introduction of the upgraded cedi note is a normal exercise it undertakes to fight counterfeiting of the currency. The upgraded banknotes are scheduled to be in circulation from May 6, 2019. According to the central bank, both the old and the new notes will be used concurrently until…
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Banks must prioritize fight against cyber fraud—Zenith Bank CEO
The Managing Director and CEO of Zenith Bank Henry Oroh has called on stakeholders in the banking sector to prioritize investment into systems and structures that will give them utmost protection from the rising incidence of cyber fraud in the country. Ghana lost over $220 million dollars to recorded cybercrime cases between 2016 and 2018,…
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Informal sector to pay taxes through Mobile Money—Dr. Bawumia
The Ghana Revenue Authority (GRA) has announced that small scale self employed tax payers including commercial transport operators will soon pay taxes through mobile money. The authority says it is ready to launch an electronic payment platform for operators in the informal sector to improve tax collection. Currently only 200,000 taxable people in the informal…
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Int’l Civil Aviation Organization ranks Ghana high in aviation safety
Ghana obtained a provisional Effective Implementation (EI) rate of 89.89 per cent, the highest by an African country, after the International Civil Aviation Organization (ICAO) concluded its Coordinated Validation Mission (ICVM) this year. The validation is in line with the United Nations Aviation Agency’s Universal Safety Oversight Audit Programme (USOAP). The ICVM assessed Ghana’s safety…
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Ghana signs double taxation agreements with 10 countries
The Government has signed double taxation agreements with 10 countries towards giving investors a stable and conducive tax scheme. The Government hopes that the signing of such agreements will encourage investments and in turn, facilitate the transfer of skills and technology. The countries are Belgium, Denmark, France, the United Kingdom, Switzerland, Mauritius, South Africa, Italy, Netherlands…