By Samira ABDUL-AZEEZ The Ghana Enterprises Agency (GEA), established under Act 1043 of Parliament, plays a pivotal role in shaping the Micro, Small, and Medium Enterprises (MSMEs) ecosystem. With a mandate to promote growth, competitiveness, and sustainability, the agency drives entrepreneurship, innovation, and inclusive economic development through well-structured initiatives and programs. Across developing countries, including […] The post The

By Kizito CUDJOE The Public Utilities Regulatory Commission (PURC) has announced that it will increase electricity tariffs by 1.14 percent effective October 1 while keeping water charges unchanged, citing the impact of currency pressures, inflation and fuel costs on service providers. According to PURC, the modest adjustment follows its quarterly review mechanism which tracks movements […] The post Electricity

By Joshua Worlasi AMLANU West African economies face mounting risks from rising debt, climate change and weak growth, making resilience-building a policy priority, Bank of Ghana Governor Dr. Johnson Pandit Asiama has said. Speaking at the opening of an IMF–WAIFEM regional course on macroeconomic diagnostics in Accra, the Governor – in remarks delivered on his […] The post Debt,

Oforiwa Attipoe, Manager for Global Markets at Stanbic Bank Ghana has said Ghana is well-positioned going into the International Monetary Fund’s (IMF) fifth review under the Extended Credit Facility (ECF) arrangement, citing significant improvements in key economic indicators and continued fiscal discipline. Since the launch of the $3 billion ECF program in May 2023, Ghana […] The post Economy

By Joshua Worlasi AMLANU The government has sealed a bilateral debt restructuring agreement with the United Kingdom, paving the way for the restart of infrastructure projects worth about £170 million (US$207 million). The deal with UK Export Finance (UKEF) extends repayment of Ghana’s bilateral debt to the UK by 15 years. It forms part of […] The post UK debt deal unlocks £170m for stalled

By Wisdom JONNY-NUEKPE Management of PSC Tema Shipyard says the facility is in great need of a significant infrastructure upgrade, requiring an investment of US$50million for complete rehabilitation work. Chief Executive-PSC Tema Shipyard Osman Sulemana was addressing media during a familiarisation tour of the facility by Deputy Minister of Transport Dorcas Affo-Toffey, saying the investment […] The post Tema

The Atwima Rural Bank Plc at Foase in the Atwima Kwanwoma District of Ashanti Region has recorded growth in all financial indicators in the 2024 year under review. The bank recorded a profit of approximately GH¢1.5million from a little over GH¢1million, in the previous year representing 49%. The Bank has recorded a significant growth in […] The post Atwima Rural Bank records 49% growth in

Olam Agri, in partnership with Ennoble Africa Foundation (EAF), has commenced the latest phase of the ‘Big Bake Initiative’ in its quest to empower the youth and women and foster resilient and thriving communities across Ghana. This year’s program takes a major step forward by offering vocational training and mentorship to a group of women […] The post Olam Agri ,EAF launch this