Category: Local Economy
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Chocolate Day: COCOBOD, GTA spread love to travelers at KIA
Ghana Cocoa Board (COCOBOD), in partnership with Ghana Tourism Authority (GTA) distributed made-in-Ghana chocolates to over one thousand passengers who arrived at the Kotoka International Airport (KIA) on 14th February which is celebrated in Ghana as Chocolate Day. Passengers who arrived with Ethiopian Airlines, Emirates, Delta, Turkish Airlines, Kenya Airline, KLM, and British Airways at…
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We’ll keenly monitor every step in ‘Gold4Oil’ chain – Opoku Prempeh assures
Energy Minister, Dr Matthew Opoku Prempeh has assured that his ministry will keenly monitor every step in the Gold for Oil programme value chain from the ship that brings the oil, through delivery to the BDCs, to the OMCs and to the pumps. This, according to Dr Opoku Prempeh will ensure that the purposes for…
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Men in public sector earn more salaries than women – GSS report
Men working in the public sector earn higher salaries than women in the same sector. This was contained in a report released by the Ghana Statistical Service (GSS) themed “Ghana 2022 earnings: Inequality in the public sector”. GSS in the report disclosed that men have a higher average monthly net salary of GH₵2,669 as against…
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AfCFTA: AB&David projects more opportunities for businesses in a volatile economy
AB & David Africa, a pan-African business law firm is hopeful that business avenues are likely to spring up for more companies on the continent if the Africa Continental Free Trade Area is optimized. The Pan African firm maintains that although some businesses have struggled to find their feet even after the COVID-19 pandemic, there…
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Successful DDEP will build momentum for external debt restructuring – Ofori-Atta
The Minister for Finance, Ken Ofori-Atta is confident that the successful implementation of the Domestic Debt Exchange Programme (DDEP) will build momentum for the country’s external debt restructuring programme. In an address to Parliament on Thursday, February 16, 2023, the Minister stated that the completion of the DDEP, which was aimed at alleviating the country’s…
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AIDEC opens centre to give practical knowledge on artificial intelligence
AIDEC Consultancies International Ltd (AIDEC Digital) has opened an ultra-modern Artificial Intelligence (AI) Centre of Excellence to provide both in-person and virtual training, educational programmes and consulting services on AI. The services will be provided to organizations, and institutions in the private, public, and third sectors, giving practical knowledge in areas of AI and its…
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All pensioners who didn’t participate in DDEP exempted – Ofori-Atta
Pensioner bondholders who did not sign onto the Domestic Debt Exchange Programme have been officially exempted from the programme. The Finance Minister, Ken Ofori Atta disclosed this in Parliament while addressing the house on the state of the Domestic Debt Exchange Programme. “Government remains committed to the wellbeing of our senior citizens. It has caused…
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Ghana’s inflation for January 2023 drops marginally to hit 53.6%
The year-on-year inflation rate for January 2023 has dropped marginally to 53.6%, from the 54.1% recorded in December 2022. This is according to latest data from the Ghana Statistical Service. This is the first time in the last 19 months that there has been a reversal of the rate of increase for the year-on-year inflation.…
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Vanguard Assurance honours sales agents
Vanguard Assurance Company has rewarded its sales agents who contributed enormously to its financial performance for the year 2022, and also used the opportunity to launch its 2023 sales League in Accra. The Sales League is a programme designed to concurrently deepen collaboration and competition among sales agents in order to ensure many Ghanaians have…
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Analysts raise doubts over govt’s 85% participation rate in DDEP
Barely 24 hours after the government announced that it has achieved approximately 85 percent success rate in the Domestic Debt Exchange Programme, some watchers of the space have raised doubts over the government’s claim. During the launch of the Domestic Debt Exchange Programme in December 2022, the Minister of Finance, Mr Ken Ofori-Atta, said holders…