Author: Nerteley Nettey
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Agribusiness support will remain our priority – ADB Board Chair
The Board Chairman of the Agricultural Development Bank (ADB) Limited, Daasebre Akuamoah Agyapong II, has reiterated the commitment of the Bank to support the agribusiness sector to meaningfully contribute to the Ghanaian economy. According to Daasabre Agyapong II, the Bank will continue to focus on its core mandate of agricultural financing to ensure the sector…
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NPA assures of measures to ensure prosecution of fuel smugglers
The National Petroleum Authority, NPA, says a comprehensive approach has been instituted to ensure the prosecution of offenders or persons complicit in fuel smuggling in the country. According to the NPA, it has already introduced the Digital Retail Fuel Monitoring System, among others, last year, to address the issue. Ghana currently loses billions of Ghana…
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American Chamber of Commerce assures of more collaborations between Ghana and USA to boost trade
As the first year of the implementation of the African Continental Free Trade Area (AfCFTA) comes to an end, the United States Ambassador to Ghana, Stephanie Sullivan, has assured of deepened trade relations between Ghanaian and American businesses to enhance their activities and capture new foreign direct investment. According to the Chamber, Ghana’s political stability,…
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2022 economic outlook positive, but potential risks must be monitored – BoG Governor
Governor of the Bank of Ghana, Dr. Ernest Addison has assured of intensified surveillance of the economy to ensure that the unpredictabilities surrounding food prices, petroleum price adjustments, among others do not exert inflationary pressures on the country’s economic outlook for 2022. Ghana’s inflation rate for 2021 has witnessed an upward trend in recent times.…
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GSE rewards stakeholders and staff on its 30th anniversary awards and dinner night
The Ghana Stock Exchange (GSE) has celebrated various stakeholders at its 30th anniversary awards and dinner night, which was rescheduled due to COVID-19 last year. Long-serving staff and various stakeholders who have contributed in diverse ways to the growth and the development of the Exchange received several awards. The awards ceremony was graced by the…
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Shippers Authority calls for professionalism among Upper East Police to promote transit trade
Senior Police Officers in the Upper East Region have been urged to upgrade their level of professionalism to boost transit trade activities on the nation’s trade routes. This came up during a sensitization seminar organised by the Ghana Shippers’ Authority (GSA) in Bolgatanga on transit trade through Ghana’s major transit corridors. The Authority said it…
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Stakeholders call for robust labour standards to improve working conditions of gig workers
Most companies in Ghana’s Platform Economy, like Bolt, Jumia Food, and Uber, are yet to meet minimum standards of fair work – such as offering a living wage or minimum protection against accidents. This is according to a survey conducted by the University of Oxford and the University of Ghana Business School. The research, “Fairwork…
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More partnerships needed to drive intra-Africa trade – Wamkele Mene
The Secretary-General of the African Continental Free Trade Area, AfCFTA, Secretariat, H.E. Wamkele Mene is advocating for more partnerships and investments to boost the patronage of goods and services produced on the African continent. According to him, the refusal of businesses to merge or join forces with others on the continent is likely to pose…
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AfCFTA member states urged to develop right policy frameworks to promote SEZ development
The Ministry of Trade and Industry is urging member states of the African Continental Free Trade Area Agreement (AfCFTA) to develop the right policy frameworks to promote the development of both Special Economic Zones and the operationalization of AfCFTA. According to the Ministry of Trade, this will also enable private sector operators to harness the…
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BOST takes delivery of 5,400 pipes for expansion
The Bulk Oil Storage and Transportation Company Limited, BOST, has finally taken delivery of 5,400 pieces of 12- inch pipe among other equipment to support the rehabilitation and expansion works on its petroleum transmission lines from Tema to Akosombo. The pipes, which include valves, flow meters, pumps and generators were procured in 2009 for $63.2 million…