Category: Business
-
WorldRemit announces Africa-focused Entrepreneurship Program in Ghana
As part of its commitment to create opportunities and facilitate development in Africa, WorldRemit, the global digital money transfer service, has announced the launch of its WorldRemit Entrepreneurs Program in Ghana, Kenya, Ghana, and Nigeria with Patrick Nnaemeka Okorie, aka Patoranking as the program’s brand ambassador. Since the outbreak of Covid-19 across Africa, the continent…
-
AfCFTA Secretariat to address dumping of substandard goods concerns of member states
The African Continental Free Trade Area (AfCFTA) Secretariat has hinted of plans to address concerns of standardization of goods and services by some member countries. The Secretariat says the various standardization authorities across the continent are collaborating to address the issue. Nigeria’s borders have long been closed over concerns of dumping of poor quality good…
-
Banks will play a principal role in AfCFTA – Azubike Chimezie Obi
The African Continental Free Trade Area Agreement (AfCFTA) seeks to liberalize trade and services across the African continent, making it the largest free-trade area in the world. It will produce a single market of more than 1.2 billion people with a cumulative Gross Domestic Product (GDP) in excess of US$3 trillion. The United Nations Economic…
-
Chartered Institute of Bankers to launch Code of Ethics to curtail fraud
As part of efforts to reduce the number of fraud cases perpetuated by employees within the banking industry, the Chartered Institute of Bankers in collaboration with the Bank of Ghana and the Ghana Association of Bankers will soon launch the Ghana Banking Code of Ethics. According to the latest banking industry fraud report from the…
-
GhIPSS and its CEO pick GITTA award again
The Ghana Interbank Payment and Settlement Systems (GhIPSS) and its Chief Executive Archie Hesse have for the second year running won awards at the prestigious Ghana Information Technology & Telecom Awards (GITTA) held in Accra. Mr. Hesse was adjudged the Payment Systems Personality of the Year, while GhIPSS won the Payments and Clearing Technology Provider…
-
AfCFTA commences first meeting on trade and goods
The African Continental Free Trade Area (AfCFTA) Secretariat has begun its first meeting of the Committee on Trade and Goods. Concurrently, the subcommittee on Trade Facilitation Customs Cooperation and Transit is also meeting. In an interview with Citi Business News, Head of AfCFTA Affairs at the Customs Division of GRA, Fenchi Akoto, indicated that the…
-
CalBank hopeful of more stability on Ghana Stock Exchange
The Managing Director of CalBank, Philip Owiredu, is hopeful that the bank’s price on the stock market will experience some stability and even see some appreciation in the coming months. Despite registering strong profits across board for the first three quarters of 2020, listed banks on the Ghana Stock Exchange, including CalBank, continue to see…
-
NBSSI signs 1.5 million Euros grant agreement with GIZ to support SMEs
The National Board for Small Scale Industries (NBSSI) and the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH , have signed a Memorandum of Understanding of 1.5 million Euros to support Small and Medium-sized Enterprises (SMEs) in Ghana. The grant agreement, ‘COVID-19 SME Innovation and Digitalization Support Scheme,’ is expected to provide Ghanaian SMEs with digital…
-
Rawlings helped Ghana win bid to host AfCFTA Secretariat – Alan Kyerematen
The Minister of Trade and Industry, Alan Kyerematen has praised the late former President, Jerry John Rawlings for the role he played in helping Ghana win the bid to host the African Continental Free Trade Area (AfCFTA) Secretariat in Accra. Six other African Union member countries including Egypt, Eswatini, Ethiopia, Kenya, Madagascar and Senegal all…
-
TIAST Group commits to revolutionalize agric in Ghana
Farmers and players along Ghana’s agricultural value chain have been assured of brighter prospects in the sector, thanks to the ongoing collaboration between the agricultural technology and innovation firm, the Torchbearer International Agricultural Science and Technology (TIAST) Group and Stanbic Bank Ghana. TIAST Group last Wednesday engaged farmers in Tamale on the offerings of collaboration.…