The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, together with some Senior Executives of the bank recently met with the Chinese Ambassador to Ghana, H.E. Lu Kun, to promote deeper trade and investment ties between Chinese and Ghanaian businesses. During the meeting, Mr. Asomaning underscored the importance of the strategic partnership between Standard Bank, […] The post Stanbic
For the second time, the Kejetia Market in the Ashanti region finds itself disconnected from the national power grid due to a Ghc70 million debt owed to the Electricity Company of Ghana (ECG). Since the disconnection occurred about a week ago, the market has been dependent on an alternative power plant as its energy source. […] The post Dumsor: ECG disconnects Kejetia
The fastest-growing bank, OmniBSIC Bank, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 percent to GH¢150.6 million in 2023, indicating a significant turnaround from the loss suffered […] The post OmniBSIC
Fire has destroyed several shops and goods at the Madina market. The inferno which was triggered at about 9pm on Wednesday, April 11, was still ragging at about half past midnight. Despite initial difficulties breaking into the shops, personnel from the Ghana National Fire Service were able to douse the fire. Deputy Director of Operations […] The post Fire destroys several shops
President Nana Addo Dankwa Akufo-Addo, has during the State visit of the President of Guinea-Bissau Umaro Mokhtar Sissoco Embaló, announced the giant strides being made by Ghanaian products under the Guide Trade Initiative of the African Continental Free Trade Area (AfCFTA). Following the maiden roll out of the Guided Trade Initiative, President Akufo-Addo said, over […] The post Over
Shasha Marley Renowned Ghanaian reggae artiste, Julius Amua-Sekyi, with stage name Shasha Marley, has been candid about his desire to stay away from political parties, especially when it comes Read More... The post ‘I Rejected $50k Political Song Offer’ appeared first on
John Dramani Mahama, the flagbearer of the National Democratic Congress (NDC), has expressed his astonishment at the multitude of levies and fees imposed on goods cleared at the ports. Addressing members of the Ghana Union Traders Association (GUTA), Mahama highlighted the financial burden faced by importers, particularly citing the example of a 2023 Lexus vehicle. […] The post I’m
Ghanaian musician, Shasha Marley, has opened up about his disinterest in associating with political parties particularly by composing campaign songs. The post ‘I rejected $50k offer to do a song for a political party’ – Shasha Marley first appeared on 3News.
The Ghana Union of Traders’ Association (GUTA) says the proposal by the Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, to implement a new flat tax regime along with a tax amnesty is a step in the right direction, which the Union says, will significantly boost their businesses to grow. As part of […] The post GUTA welcomes Bawumia’s proposal for tax amnesty &
Recent events in relation to the passage of the Human Sexual Rights and Family Values Bill 2024 have taken me down memory lane. Parliament unanimously passed the Bill (also known as the anti-LGBTQ+ Bill) on Wednesday, February 28. Of particular interest to me is Majority Leader, Alexander Afenyo-Markin’s objection to custodial sentencing as prescribed under […] The post The Akoto Lante Samaritan – a remix
The Krofrom market, a multi-million dollar commercial edifice in one of the prominent suburbs of Kumasi, is now a den of rodents and criminals. The site has grown into a forest, where young boys set traps for rats. It has also become a den for all sorts of criminal activities during the day and night. […] The post Ashanti Region: Multi-million
At the maiden edition of the Women in Business Dialogue series organised by the Business and Financial Times and held in Accra, the Sector Head, SME & Retail Banking at Zenith Bank, Gloria Cabutey-Adodoadji, urged businesswomen to leverage on the golden opportunities of the African Continental Free Trade Area (AfCFTA) agreement to expand their reach […] The post Zenith
By Ngozi OKONJO-IWEALA Taking place in challenging and uncertain times, the World Trade Organization’s 13th Ministerial Conference in Abu Dhabi produced mixed results: a few successes, but also some disappointments. By contrast, the previous ministerial conference, held in June 2022, concluded with the adoption of numerous multilateral agreements and decisions, giving the WTO a temporary […] The post
An Accra Circuit Court has remanded into police custody a 25-year-old trader, Michael Azu, for failing to appear in court. On December 7, 2023, Azu, who is being held for defrauding by false pretence, failed to turn up in court and a bench warrant was issued for his arrest. When accused person appeared before the […] The post Trader remanded after court issued bench warrant
The Majority Leader and MP for Effutu, Alexander Afenyo-Markin, has credited Ghana’s resilience and stability in the face of global challenges to the foresight of President Nana Addo Dankwa Akufo-Addo. During a University of Bradford event, the MP remarked on the global economic challenges, stating, “Ghana stands as a beacon of resilience.” “It is important […] The post Akufo-Addo’s
In a strategic move to promote trade liberalisation under the African Continental Free Trade Area (AfCFTA), the United Bank for Africa (UBA) Ghana has collaborated with the Ghana Export Promotion Authority (GEPA) to host a crucial sensitisation seminar titled ‘Trade Liberalisation after the AfCFTA’ at the Africa Trade House in Accra. Peter Dery, Head of […] The post
The Majority Leader, Alexander Afenyo-Markin has highlighted the importance of a united effort among Ghanaians for the nation’s prosperity. He emphasized that the road to prosperity requires the combined efforts of all citizens, not solely the leadership. Speaking at an event hosted by Bradford University, the Effutu Member of Parliament expressed confidence in the government’s […] The post Path
By Samuel SAM The need to inspire and empower more successful women entrepreneurs to drive socio-economic development was highlighted at the GNCCI-GIZ Women Conference held in Tamale under the theme ‘Making AfCFTA Work through a Deliberate Inclusion of Women Entrepreneurs’. At the event, Hamidu Hamza Saana, the Northern Regional Director of the Ministry of Trade […] The post
By Elizabeth PUNSU, Kumasi The Coordinator of the Women’s Wing at the Ghana Union of Traders Association (GUTA), Pearl Opoku, has urged the Registrar of Companies to lower the costs associated with registering businesses led by women in the country. Ms. Opoku stressed that such action would streamline the formalisation process for numerous micro, small […] The post
The latest assessment of Ghana’s external sector developments shows that the country earned $2.8 billion from its major exports in the first two months of 2024. On a year-on-year basis, however, the value of exports did not see any significant growth from the same $2.8 billion posted as of February the previous year. The figure […] The post Ghana’s
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