The National Information Technology Agency (NITA), is set to hold a brainstorming ICT stakeholder conference to review the draft content of two Legislative Instruments (LIs) for the agency. The input from the players in the ICT space will play a critical role in fine tuning the draft Lis for the NITA Act, 2008 (Act 771) […] The post Regulating

Ghana Reinsurance PLC, the country’s largest reinsurer, has demonstrated its resilience by navigating the effects of the Domestic Debt Exchange Programme (DDEP) – which imposed a cumulative GH¢6billion loss on the country’s commercial banking industry in 2022 – and still declaring a profit for the year. Indeed, Ghana Re’s group pre-tax profit for 2022 of […] The post

The Chartered Institute of Bankers, Ghana – represented by its CEO, Robert Dzato, has participated in a panel discussion at the 24th World Conference of Banking Institutes. This event took place in Kular Lumpur, Malaysia. Sang Hoe Chow, Consulting Managing Partner, Ernst & Young Consulting-Malaysia, moderated the panel discussion, 21st Century Future Skills — Minding […] The post

The Executive Director of Proven Trusted Solutions, Joseph Akossey, has said prioritising the needs of customers and deployment of technological innovations within the financial services sector can help industry players gain competitive edge. Speaking on the side-lines of a workshop in Kumasi, he opined that almost all the products offered by financial institutions have become […] The post

Economists are calling for priority to be placed on high-productive sectors and diversification of the economy, in a bid to accelerate recovery, achieve sustainable economic growth and transformation. This is seen as a sine qua non with the country’s economic transformation having been on the decline – below the African average in all the areas used to […] The post

forcing ORC to extend deadline for filing annual returns and renewals The Office of the Registrar of Companies (ORC) has registered a total of 1,023,715 business entities since 2011. However, as of June 30, 2023, only some 257,038 of these registered entities are in good standing while the remaining 719,973 businesses are not, the B&FT can confirm. […] The post Over

Government will increase import taxes on frozen seafood by 1,573 percent from the current GH¢15 to about GH¢251 per metric tonne, the United States Department of Agriculture (USDA) has said in its second quarter foreign agricultural service report. The tax, the USDA said, will be paid in US dollars – which are in short supply. […] The post Tax

International Banking Group Standard Chartered has reaffirmed its commitment to Ghana. The Bank’s Group Chairman, José Viñals, was in Ghana for a two-day business visit and reiterated the Group’s continued dedication to doing business in Ghana. He made this known during a courtesy call on President Akufo-Addo at Jubilee House, Accra. Mr. Viñals shared that […] The post Standard

President Nana Addo Dankwa Akufo-Addo on Monday inaugurated Phase-3 of the Five Districts Water Supply Project at Adaklu in the Volta Region, a project for which he cut the sod in September 2020. The project, financed by a concessionary facility from Raiffeisen Bank International AG of Austria at a cost of €11.5million, will benefit some […] The post Akufo-Addo

Twenty start-ups across various industries have graduated from the third cohort of the UNICEF StartUp Lab Accelerator, securing GH¢500,000 investment support to address the United Nations Sustainable Development Goals (SDGs) for children and young people in the country. The programme is led by UNICEF in partnership with the Korean International Cooperation Agency (KOICA) and implemented […] The post