Category: INTERNATIONAL
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There’ll be systematic power outages in May – Energy Minister
Ghanaians would have to brace up themselves for more power outages in May 2021. According to the Minister of Energy, Dr. Matthew Opoku Prempeh, there will be an erratic power supply in May due to the ongoing upgrade of the Kasoa and Pokuase substations. Speaking at a forum in Accra on Thursday, April 8, 2021,…
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GSS begins training for 2021 Population and Housing Census national trainers
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The final phase of training of National Trainers for the 2021 Population and Housing Census (PHC) commences today, Thursday 8th April 2021. The residential training workshop will end on Friday, 16th April 2021. It is to equip prospective trainers with the requisite knowledge, skills and competencies to train regional trainers who in turn will…
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World Bank appoints Senegal’s Makhtar Diop as Managing Director of IFC
World Bank Group President David Malpass has announced the appointment of Makhtar Diop as Managing Director and Executive Vice President to head the International Finance Corporation (IFC), an arm of the World Bank Group that advances economic development and improves the lives of people by encouraging growth of the private sector in developing countries. “Makhtar…
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WTO Director General outlines plans to rejuvenate global trade
The newly appointed Director General of the World Trade Organization, Ngozi Okonjo-Iweala, has pledged to among other things, facilitate the lifting of export restrictions among member countries to enable easier movement of goods during this COVID-19 period. This forms part of her vision to rejuvenate and strengthen the World Trade Organization to enable it effectively…
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WTO Appoints Nigeria’s Ngozi Okonjo-Iweala as First Female Leader
Ngozi Okonjo-Iweala has been appointed the new chief of the World Trade Organization. This is according to CNBC. Ultimately, she becomes the first woman to ever lead the Switzerland-based institution and the first African citizen to take on the role. However, this is not the first time that Okonjo-Iweala makes history. Born in Nigeria, Okonjo-Iweala…
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Ghana-UK finalize negotiations on new interim Trade Partnership Agreement
Ghana and the UK have successfully completed negotiations on the new interim Trade Partnership Agreement between the two countries. The new agreement will take effect immediately both countries finalize on their internal procedures to accommodate the concessions. As part of the new agreement, Ghana will get duty-free and quota-free access to the UK market while…
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Go City Cycle Share & Tour promotes bike-sharing culture in Ghana
Researchers predict that Climate Change will threaten food production, human health, wildlife, and ecosystems. In Ghana, local communities in the Northern and Savannah regions where temperatures have been fast-rising, are already feeling the devastating impact of climate change. Beyond its social effects, Climate Change is also a very costly problem. The International Monetary Fund revealed…
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Mastercard, UNICAF offer cardholders 75% scholarships for internationally recognized degrees
Unicaf, the leading online and on-campus learning platform, has entered into a two- year partnership with Mastercard to offer its premium cardholders 75% scholarships for online and on-campus studies at Unicaf’s partner universities. A statement issued by Unicaf stated that starting, first quarter of 2021, Mastercard Gold, Platinum, World and World Elite cardholders across 12…
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Digital transactions for 2020 up by 103% – GhIPSS report
In spite of the ravaging impact of COVID-19 on people’s lives and the operations of businesses in Ghana, digital payment and settlement products under the Ghana Interbank Payment & Settlement Systems (GhIPSS) saw impressive increases in both volume and value for the year 2020 compared to the same period in 2019. Latest data from GhIPSS…
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Shift focus from upscaling to upgrading – Ofosu-Dorte urges businesses
Stakeholders in Ghana’s manufacturing sector are being encouraged to prioritize upgrading over upscaling when it comes to goods and services emanating from Ghana into other African countries as part of the African Continental Free Trade Area (AfCFTA). Trade data from the United Nations Conference on Trade and Development (UNCTAD) shows that a handful of countries…