Tag: Ghana Business News
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Manufacturers appeal to government to help improve their competitiveness
As Ghana looks to develop through industrialization by creating at least one factory in each of its 260 districts, researchers say that the Industry sector, has been struggling to meet its full potential. The World Bank recently revealed that Ghana’s manufacturing sector declined by 14% in the second quarter of 2020 as a result of…
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Registrar-General to roll out new system to improve online business registration
The Registrar-General’s Department (RGD) has commenced an overview of its business processes to map out a new modified system to improve the online registration of businesses in the country. A statement signed by Mrs Jemima Oware, the Registrar-General and copied to the Ghana News Agency, said the four-day exercise, which started on Thursday, April 22,…
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Recruitment into security agencies not suspended – Finance Ministry
The Ministry of Finance has denied media publications that a moratorium has been placed on all recruitments into security agencies. It said the publications are false and should be disregarded. In a statement issued by the Finance Ministry on Tuesday, April 27, 2021, it said the reports, which were based on a supposed official statement…
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PCI DSS certification means improved security and assurance for our customers – FBNBank CRO
FBNBank Ghana has announced that it has received PCI DSS certification version 3.2.1. from the Payment Card Industry Standards Security Council (“PCI SSC”) affirming the high level of security around its cards. The PCI DSS, which means Payment Card Industry Data Security Standard, is an information security standard for organizations that handle branded cards from…
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ECG staff lay down tools in protest against Managing Director
The staff of the Electricity Company of Ghana’s Accra East Branch have laid down their tools in protest against the Managing Director of the company. The workers argue that the continuous stay of the Managing Director of ECG, Kwame Agyeman Budu will lead to the collapse of the company. Speaking to Citi News, an affected…
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AfCFTA: Local businesses must expand or risk collapse – AGI
The Association of Ghana Industries (AGI) says with the commencement of the African Continental Free Trade Area Agreement (AfCFTA), Ghanaian businesses risk losing their market if they do not expand. The association is therefore calling on indigenous businesses to put plans in place to make them very competitive. According to the CEO of AGI, Seth…
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Ghana’s productive capacity poor, compared to other AfCFTA countries – Konfidants
Research and advisory firm Konfidants, has revealed in its latest report titled, Ghana’s Competitive Potential in the AfCFTA: A Country Competitiveness and Opportunity Assessment, that when it comes to productive capacity in the manufacturing sector, Ghana lags behind the 11 frontier economies (Morocco, Kenya, Egypt, Côte d’Ivoire, Zambia, South Africa, Senegal, Tunisia, Nigeria, Cameroon, and…
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60% of Ghanaians need government support to own houses – Asenso-Boakye
The Works and Housing Minister, Francis Asenso-Boakye has decried the country’s perennial housing problem. According to him, over 60 percent of the Ghanaian populace is unable to own their own homes without support from government. Also, 35 percent of the populace sadly will never be able to own their own homes even with the support…
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Ban on logging, charcoal production: Give us alternative income source – Dealers to government
There have been concerns over the effects of deforestation in the Savannah Ecological Zone. As climate change intensifies in the area, experts say there will be dire consequences in the coming years, if the menace of logging and commercial production of charcoal is not halted. To this end, the Savannah Regional Minister on behalf of…
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2021 census will depend heavily on technology – GSS
Head of Census Methodology at the Ghana Statistical Service, Mr. Owusu Kagya, has disclosed that the 2021 Census would be heavily dependent on the use of computer-assisted personal interviews and a global positioning system (GPS) coordination for all structures and communities. Mr. Kagya was speaking at the Oti version of training for Census Officers, heads…