Author: Nerteley Nettey
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Lessen debt burden on IPPs for stable power supply – Togbe Afede to Gov’t
President of the National House of Chiefs and Co-founder of Sunon Asogli Power Ghana, Togbe Afede XIV, has lamented the poor state of Ghana’s energy sector stating that it is reeling under financial distress due to government’s inability to pay promptly for power supplied by Independent Power Producers. According to him, the debt owed them…
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NIC, MTTD and National Service Secretariat to train more youth in insurance
Data from the National Insurance Commission, NIC, shows that Ghana’s insurance penetration and coverage remains quite low. The Insurance Commission has thus reiterated its commitment to improve the trend in the next few years by implementing new initiatives; which includes the training of some ten thousand Ghanaian youth on insurance to offer different services. As…
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AICPA, CIMA launch CGMA Finance Leadership Program to support employers and universities in Africa
The Association of International Certified Professional Accountants, the combined strength of the American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants (CIMA) has launched its digital learning CGMA Finance Leadership Program (CGMA FLP). The program is aimed at employers and universities across Africa, Asia and Europe as a new and alternative approach…
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Foreign Direct Investments increase by over 400% in 2020 first half
Foreign Direct Investments (FDI) increased by over four hundred percent for the first half of 2020, figures from the Ghana Investment Promotion Centre (GIPC) has shown. The Foreign Direct Investments increased from US$627.52 million in the first half of 2020 compared to the FDI value of US$123.26 million recorded within the same period last year.…
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Monitor your Spo2 level with Huawei’s latest WATCH GT 2e
Living in a fast-paced world may affect our mental and physical health in ways we do not always realise. To ensure our body is working properly, blood oxygen saturation (SpO2) is an important health indicator. Traditionally, we may have required separate health equipment to check this, but as technology has advanced, there is now a…
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Capture beauty in darkness with HUAWEI nova 7i
You’ve undoubtedly experienced the annoyance of coming across a dazzling night scene, only to find that your camera can’t recreate it exactly as it appears. Low-light photography has always been challenging for smartphone cameras, as insufficient lighting brings negative effects on image rendering. There are capable devices, of course – but they’re hefty SLR cameras…
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Finance Minister to present 1st quarter budget for 2021 next week
The Minister of Finance, Ken Ofori Atta, is expected to present to Parliament next week Wednesday, October 28, 2020, an Advanced Budget; covering government spending for the first quarter of 2021. The expected presentation, known as Expenditure in Advance of Appropriation is a standard practice rolled out in election years to prevent transitional challenges in…
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Absa Bank Ghana launches new banking proposition for women entrepreneurs
As part of efforts to improve access to financing for women entrepreneurs in the country, Absa Bank Ghana has unveiled its new banking proposition which offers tailored financial solutions to empower women to sustainably grow their businesses. According to the bank, the new product, ‘Absa EMERGE’, will help bridge the financial gap which is currently…
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Rural banks deposits increase by 22% to reach GHS4.3bn
Latest figures from the Central Bank covering the second quarter of 2020, shows an improvement in the value of deposits mobilized by rural and community banks (RCBs) between April and June of 2020, when compared to the same period in 2019. According to the data, deposit mobilization by rural and community banks, RCBs, saw a…
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Samsung becomes top five in Interbrand’s Best Global Brands 2020
Samsung has announced that it has become number five in the Best Global Brands 2020 list announced by Interbrand, a global brand consulting company, with its largest-ever brand value of USD 62.3 billion. Despite the challenging business environment brought on global companies by COVID-19 in 2020, Samsung saw a 2% rise in brand value from…