PharmaAfrica and the United Nations Industrial Development Organisation (UNIDO) have partnered to launch the 2nd Africa Pharmaceutical Summit (APS), a conference that brings together executives from pharmaceutical industry, government and quasi-government officials, investors and other key stakeholders involved in the policy, regulation and processes surrounding pharmaceutical sector development. The launch the 2nd Africa Pharmaceutical Summit will be held September 10 - 11, 2014, at the Movenpick

The National Health Insurance Authority (NHIA) has announced the commencement of registration in the Ashanti Region for the newly-introduced Biometric Membership Solution (BMS), intended to bring efficiency into the operations of the National Health Insurance Scheme (NHIS). This BMS will resolve ID card management challenges that hitherto bedevilled the scheme in the region as well as nationwide. The implementation of the BMS means that NHIS subscribers will now be instantly issued with their ID

Alfred Baku, Executive Vice President of Gold Fields West Africa Operations says a collaborative partnership between mining companies, governments, labour and communities will help mitigate the many challenges facing the industry. “Government must seek collaborative partnerships with miners who are better able to operate and develop ore bodies, and who are good social partners,” he said. Speaking under the topic ‘Resource Nationalism’ during an interaction with members of the Institute of

Director-General of the United Nations Food and Agriculture Organisation (FAO) Jose’ Graziano da Silva has noted that the challenge now is to match the vision of a hunger-free Africa with the continent’s sterling economic growth, and translate it into reality by tackling the multiple causes of hunger and under-nutrition through partnerships and innovative financial solutions. He recounted that Africa is witnessing a period of unprecedented economic growth, and the region can be proud to have

Agricultural Development Bank (adb) is one of two new listings expected on the Ghana Stock Exchange (GSE) next year, according to Kofi Yamoah, Managing Director of the bourse. The bank, which is owned by the Ministry of Finance and the Bank of Ghana (BoG), has already started the process of going public after government gave a long-delayed approval to the plan. The Ministry of Finance holds 52 percent of the bank, with the rest held by the BoG through a trustee. The central bank has often been criticised

The Passport Office is delaying the issuance of new passports due to a shortage of the green booklet used to produce the document. A source with knowledge of the situation said Buck Press, the company that supplies the booklets, has held back new supplies because it has not been paid for previous deliveries. The situation has created a huge backlog of pending applications, according to the source, and created anxiety among applicants who have completed the application process but are uncertain about

Stanbic Bank Ghana has launched a Diaspora mortgage product. The product, which is the first of its kind, is specially designed for Ghanaians living abroad. The new product offers lower interest rates, greater flexibility, a safer and more secure investment opportunity, and a more cost-effective means of keeping up with mortgage repayments. Anna Owusu-Sekyere, Home Loans Officer at the bank said the product has been designed after a careful study of other products on the market. She said the Stanbic

Savings and loans companies are asking the government to reconsider the now-postponed but imminent Value Added Tax (VAT) on financial services. The second-tier financial institutions believe that VAT on financial services will derail government’s efforts to expand access to financial services nationwide. “The provision of financial services comes at a cost, a significant operational cost, and some of those costs are invariably passed on to the customer. So to have VAT, which is an indirect tax,

Eximguaranty Company Limited has posted great results during the 2013 financial year despite the situations challenging the economy currently. Total assets grew by about 6 percent to GH¢20.05million from GH¢18.9million. Total income was GH¢7.4million up by 48 percent from GH¢4.99million, mainly due to growth in investment income. Profit before tax was GH¢1.61million up from GH¢109,858 in 2012. The net profit achieved was GH¢1.06million as against GH¢99,620 in 2012. Due to the challenging