Category: Business
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Agromonti Commits Support towards ‘Gathering of the Royals’
Agromonti Company Limited, a leading provider of agricultural inputs and services in Ghana, has committed both financial and technical support, towards the ‘Gathering of the Royals’ event, an Agricultural resilience building platform for Traditional leaders to discuss and strengthen working relations with Corporate bodies, to influence sustainable farming. Making the Presentation on behalf of the…
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7 state entities shortlisted to list on Ghana Stock Exchange
About seven State-Owned institutions have been shortlisted for possible listing on the Ghana Stock Exchange this year. This follows a review of the performance of these state entities, which have been making losses since 2015. Speaking during a meeting with the media in Accra, Deputy Managing Director of the Ghana Stock Exchange, Abena Amoah noted…
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Stakeholders call for effective corporate governance structures to develop organizations
The institution of strong corporate governance structures has been highlighted as one of the many critical things that need to be in place to ensure the success and longevity of Ghana’s banking industry and other industries and businesses. According to these stakeholders, the recent default of banks, subsequent financial sector reforms, and collapse of many…
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GSE to soon create credit rating agency for listed firms
As part of efforts to boost the credibility of the stock market, the Ghana Stock Exchange will soon conclude processes for the establishment of an investor credit rating agency for players on the market. According to the managers of the local bourse, the domestic credit rating agency, which will be created by the end of…
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Ghana still working to improve local content in Oil & Gas industry- Akufo-Addo
President Akufo-Addo says Ghana is still struggling to get more local companies to participate in the oil and gas industry years after laws allowing local content were enacted. The President was speaking at this year’s International Energy Conference and Expo in Guayana. Ghana’s local content policy underpinned by L.I 2204, is geared towards a progressive…
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GREDA asks for tax rebates to build 20,000 housing units a year
The Ghana Real Estate Developers’ Association (GREDA), has called on the government to grant tax rebates to its members to enable them build enough affordable housing units in the country. President Nana Addo Dankwa Akufo-Addo back in April 2019, charged GREDA to develop a proposal to build 20,000 housing units a year to help deal…
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Elsie Addo Awadzi reappointed Second Deputy BoG Governor
The President, Nana Addo Dankwa Akufo-Addo has reappointed Second Deputy Governor of Bank of Ghana, Mrs. Elsie Addo Awadzi, for a second term with effective 14th February 2022. Mrs. Addo Awadzi has over 25 years of professional experience working in various capacities in Ghana and internationally in law, finance, policy and regulatory reforms, financial sector…
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Ghana to promote investment opportunities in Dubai during Gulf Food Exhibition
The Ghana Investment Promotion Centre (GIPC) in collaboration with Ghana’s Ministry of Trade and Industry, and the Embassy of Ghana in the United Arab Emirates (UAE), will on 15th February 2022, organize the Ghana Roundtable Meeting during the Gulf Food Exhibition in Dubai World Trade Center. The event will create a cohesive platform for key…
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Fuel prices to go up again by about 30 pesewas – COPEC
As fuel prices continue to hike, consumers may have to brace themselves for more shocks in the next couple of days. The Chamber of Petroleum Consumers Ghana (COPEC) is forecasting fuel prices could go up by up to 30 pesewas soon. Executive Secretary of the Chamber of Petroleum Consumers Ghana (COPEC), Duncan Amoah said in…
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Economist predicts inflation driven hike in Ghana’s monetary policy rate.
Economist and lecturer at the University of Ghana Business School (UGBS), Dr. Patrick Opoku Asuming is confident the Bank of Ghana will soon increase its Monetary Policy Rate above the current 14.5%. This, according to him, is due to the rising inflation in the country and developments on the global scene especially the likelihood of…