Author: Nii Larte Lartey
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Strong payment system needed for smooth operation of free trade in Africa – Zeepay CEO
Founder and Chief Executive Officer of Zeepay, Andrew Takyi-Appiah, is advocating the implementation of a strong payment settlement system to facilitate the smooth operation of the African Continental Free Trade Area, AfCFTA. Citing the benefits that this system will offer to stakeholders in the African private sector, he said a reliable and efficient national and…
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Citi Business Festival: Forum on Digital Economy comes off today
The first forum of the Citi Business Festival 2023 will be held today, Tuesday, June 6, 2023, on the topic, ‘Reimagining the Digital Economy.’ Today’s live TV forum will focus on reimagining the digital economy as seasoned panelists explore the possibilities for businesses in the fourth industrial revolution. The two-hour in-depth conversation will be heavy…
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Citi Business Festival: 8 pillars of digital economy by TechGulf’s CEO
There is a strong push for businesses to leverage digital technologies to conduct business. Beyond using the internet for buying and selling, marketing, and other activities, optimal utilization of the necessary tech tools in the face of the growing digital economy will improve business operations. This was the central theme of the June 5 edition…
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Citi Business Festival enters week one; focuses on Digital Economy
The programmes lined-up for the 2023 edition of the Citi Business Festival being organized by Citi TV/Citi FM will begin today, Monday, June 5, 2023. The first week delves into the ‘The Digital Economy’ with the first episode of the radio series airing later today. It will feature, Franklin Asare, Chief Executive Officer of Tech Gulf…
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Ghana’s unsustainable debt largely attributed to Energy Sector – World Bank Rep
Pierre Frank Laporte, the World Bank (WB) Country Director to Ghana, says Ghana’s energy sector debt is a major contributor to the country’s debt woes. In an interview monitored by GNA, the country director indicated that his outfit had identified certain factors that were driving the country’s debt situations. According to Mr Laporte, one of…
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Pay us by borrowing from treasury bill market- Pensioner bondholders reiterate calls to govt
As the pensioner bondholders continue picketing at the Finance Ministry today over unpaid coupons, the group has renewed calls for government to borrow from the treasury bills market to pay them. According to the pensioners, the difficulties caused by the prolonged non-payment of their coupons and principals continues to bring untold hardship on them. Convenor…
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Ghana’s oil reserve recording steady growth – GNPC CEO
The oil and gas industry having gone through a global slump during the covid pandemic is now on the path of a steady recovery. In the context of the current shift towards a cleaner energy transition, according to Chief Executive Officer of Ghana National Petroleum Corporation (GNPC), O-A Danquah, is to expedite the responsible and…
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Govt maintains COVID-19 levy despite calls for removal
The government still wants to raise more revenue through the COVID-19 Health Recovery Levy, despite the end of the pandemic in the country. This may come as a disappointment to both consumers and the business community who have been pushing for the removal of the tax, which they say is contributing to the rising cost…
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BoG Act needs clarity, improvement for easy implementation – Governor
Dr Ernest Addison, the Governor of the Bank of Ghana, says there is a need to improve the Bank’s (Amendment) Act, 2016 (Act 918) to make it clearer for implementation. He said looking at the current Act, there were still inconsistencies and difficulties with implementation albeit efforts to improve it in 2016. The Governor was…
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Joe Jackson cautions govt against immediate return to international market
Financial analysts are warning government to be extremely cautious in its quest to immediately go back to the capital market following the approval of the country’s deal with the International Monetary Fund (IMF). The warning comes after fresh hints by President Akufo-Addo that government has plans to borrow again from the market soon to fund…