Business Archives - Page 20 of 45

May 15, 2024May 15, 2024

Africa Is Far Behind In Terms Of Infrastructure – Finance Minister

The Minister of Finance, Dr. Mohammed Amin Adam, emphasized the critical role of infrastructure development in achieving sustainable prosperity across Africa during his keynote address at the launch of the Africa Prosperity Dialogue 2025. Themed "Delivering Africa's Prosperity through Infrastructure: Invest.

May 15, 2024May 15, 2024

Reforms, Stable Economies Fuelling Fintech Boom

Significant reforms in the formal sector over the past three decades have led to economic stability and predictable growth rates across African nations, particularly in Ghana, Vice President Dr. Muhammadu Bawumia has said. This stable economic environment has created a fertile

May 14, 2024May 14, 2024

Success Of Continent’s Digital Economy Hinges On Collaborative Efforts – MTN CEO

Chief Executive Officer-MTN Ghana, Stephen Blewett, has emphasised the importance of collaboration in unleashing Africa’s economic potential. Reiterating the immense promise of the continent’s digital economy, he noted that challenges such as infrastructure limitations and digital literacy gaps persist. Speaking at

May 14, 2024May 14, 2024

Let’s Embrace Technology To Harness fintech, Digital Innovation – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has emphasised the importance of fintech and digital innovation for African governments to fully benefit from the African Continental Free Trade Area (AfCFTA). He attributed this to AfCFTA’s potential to significantly alter the economic landscape and

May 14, 2024May 14, 2024

Turning Trash Into Treasure

Africa’s waste management experts Zoomlion Ghana Limited has inaugurated another municipal solid waste recycling plant also known as Integrated Recycling and Compost Plant (IRECOP) in the Volta. Addressing a durbar of chiefs, heads of department of the Volta Regional Coordinating Council,

May 14, 2024May 14, 2024

Africa’s Economy To Hit $16.3tn By 2050 – Wamkele Mene

The Secretary General of the African Continental Free Trade Area (AfCFTA) Secretariat, Wamkele Mene, has disclosed that Africa is projected to be the 8th largest global economy with an estimated $16.3 trillion by the year 2050. Speaking during day one of

May 14, 2024May 14, 2024

Dollarisation Of Ghana’s Economy Not Solution To Cedi Depreciation – ASEPA

The Alliance for Social Equity and Public Accountability (ASEPA) has disagreed with suggestions by Dr John Kwabena Kwakye, the Director of Research at the Institute of Economic Affairs (IEA), to adopt the dollar as Ghana’s currency to stabilise the country’s economy.

May 10, 2024May 10, 2024

NPA Cracks Down on Pump Tampering: Report Suspected Cheating at Gas Stations

The National Petroleum Authority (NPA) has urged motorists to immediately report fuel stations suspected of cheating to the Authority. The Consumer Services Manager of NPA, Mrs. Eunice Budu Nyarko, who made the call, said that when complaints are made within 48

May 9, 2024May 9, 2024

INFLATION RATE FOR APRIL DROPS TO 25%

Inflation rate for April 2024 drops to 25.0%, representing a 0.8 percentage point decrease from March’s inflation rate of 25.8%.According to the Ghana Statistical Service (GSS), food inflation recorded 26.8% and non-food inflation saw a decrease from 29.6% to 26.8% for

May 9, 2024May 9, 2024

REPORTS OF EXIT FROM GHANA DIDN’T COME FROM US – SOCIÉTÉ GÉNÉRALE

French Bank Société Générale has dismissed rumours suggesting its withdrawal from the Ghanaian banking sector, describing them as baseless speculation. The bank clarified that it is restructuring its operations to better align with international market dynamics. Addressing concerns raised by shareholders