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The World Bank provided a credit guarantee to the Government of Ghana which was subsequently used to back the Independent Power Producers (IPPs) to raise funds from the banks to construct the power plants in the country during the power fluctuation or ‘dumsor’ era, a former Chief Executive Officer of the Ghana National Petroleum Corporation, […]Continue Reading
Business General
The Minister-designate for Western Region, Kwabena Okyere Darko-Mensah has made a clarion call on oil and gas companies operating in the country to consider establishing their headquarters in the region. Answering a question at his vetting, the Takoradi MP noted that setting up of these offices will ensure that residents of the Western Region benefit […]Continue Reading
Business
The Minister-designate for Trade and Industry, Alan John Kyerematen has revealed that a total of 76 factories are currently in operation under the Akufo-Addo’s flagship “One District One Factory Initiative” (1D1F). According to him, 107 factories are currently under construction out of the total 232 projects at various stages of implementation since 2017. Out of […]Continue Reading
Business
The Minister-designate for Trade and Industry, Alan John Kyerematen says the country is on track towards achieving its objective in replacing foreign imports with domestic production. At his vetting on Friday, the Minister-designate noted that government’s Industrial Transformation Agenda has chalked a significant achievement culminating in the development of the economy. Continue Reading
Business
It has emerged that Ghana’s public transport system has been identified as partially compliant in enforcing strict adherence to COVID-19 safety protocols particularly using nose masks and observing safety protocols. Also, even though the transport operators are enforcing the protocols it has become very clear that some passengers are feeling reluctant to comply with the Continue Reading
Business
In 2015, the world witnessed a major international accord that was adopted by all nations across the globe. This was the Paris Agreement in France designed to address climate change and its negative impacts. The agreement includes commitments from all major emitting countries to cut their climate pollution and to strengthen those commitments over time. […]Continue Reading
Business Entertainment
CyberGhana, a humanitarian wing of AED Cybersecurity Consulting, has appointed Ghana’s Most Beautiful’ Matilda Makafui Freeman popularly known as ‘Kafui’ as brand Ambassador for its new Cybersecurity and Internet Safety campaigns. The appointment of ‘Kafui’, second runner-up of 2020 edition of TV3’s Ghana’s Most Beautiful (GMB) Contest, comes on the heels of CyberGhana’s Continue Reading
Business
Commissioner of Insurance, Justice Ofori, has charged insurance companies and banks to chart a new path that will promote bancassurance in the country. This according to him will help improve the insurance penetration from its current low rate. The commissioner noted that, although bancassurance has contributed about 10% to the insurance growth in Ghana, there […]Continue Reading
Business
Among eight selected top Sub Saharan Countries, Ghana was ranked 2nd in Electrification Rate but 7th in the construction of ‘Paved Road’, data from the World Bank has revealed. According to the figures from the World Bank, the country has witnessed significant growth in electricity over the last two decades. Presently, electricity penetration rate presently […]Continue Reading
Business
The Chief Executive Officer of Vodafone Ghana, Patricia Obo-Nai, has urged girls involved in the study of Science, Technology, Engineering and Mathematics (STEM). She advised girls to avail themselves of regular internships and identify professional role models in order to gain maximum value from their education and attain career success. According to her, the study […]Continue Reading
Business General
Former Minister of Employment and Labour Relations, Ignatius Baffour Awuah has told the Appointments Committee of Parliament that he does not readily have the breakdown of some three million, Eight Hundred thousand jobs he had claimed the government of the New Patriotic Party (NPP) created. He however promised to make the details of the jobs […]Continue Reading