Business Archives - Page 3 of 42

November 12, 2024November 11, 2024

Bawumia Promises Business-Centric Presidency at CEOs Gala Dinner, Outlines Bold Economic Initiatives

Dr. Mahamudu Bawumia, the presidential candidate for the New Patriotic Party (NPP) and current Vice President of Ghana, has assured business leaders that his administration will prioritize the interests and growth of Ghanaian businesses. Bawumia made this commitment during his speech

November 9, 2024November 9, 2024

President Akufo-Addo Commissions West Africa’s Largest Largest Gold Mine

President Nana Addo Dankwa Akufo-Addo has officially commissioned Cardinal Namdini Mining Ltd, the largest single-stream gold mine in West Africa, located in the Talensi district of the Upper East region. This significant milestone solidifies Ghana's position as Africa's leading gold producer

November 7, 2024

Bawumia To Launch Credit Score System Today

Dr. Mahamudu Bawumia, the flagbearer of the New Patriotic Party (NPP) is set to launch a national credit score system today, November 7, 2024. This pioneering initiative is expected to empower Ghanaians by enabling them to purchase goods on credit and

November 1, 2024November 1, 2024

Bank of Ghana Boosts Reserves to Stabilize Cedi Ahead of Festive Season

The Bank of Ghana (BoG) is strengthening its reserves to address the depreciation of the cedi against major foreign currencies, anticipating increased demand for foreign exchange with the festive season approaching. This initiative aims to provide reassurance to businesses and consumers,

October 28, 2024October 28, 2024

Urgent Call for Action to Tackle Africa’s Clean Cooking Crisis, Says ARDA President

Dr. Mustapha Abdul-Hamid, President of the African Refiners and Distributors Association (ARDA) and Chief Executive Officer of the National Petroleum Authority, has called for immediate action to tackle Africa's clean cooking crisis. He highlighted the urgent need for liquefied petroleum gas

October 28, 2024October 28, 2024

Ghana Secures $260 Million From World Bank To Address Energy Sector Losses and Inefficiencies

Ghana has secured a US$260 million agreement with the World Bank aimed at addressing the US$1.2 billion in losses and inefficiencies plaguing the energy sector. Under the Energy Sector Recovery Programme, the deal includes a US$250 million credit for metering procurement

October 24, 2024October 24, 2024

FDA Warns Against Galamsey Water Packaging

The Food and Drugs Authority (FDA) has warned against the packaging and distribution of products in sachets labelled as “galamsey water”. “The Food and Drugs Authority (FDA) expresses its deep concern regarding the packaging of a product in sachet labelled as

October 21, 2024October 21, 2024

GNPC Receives International Impact Award at 2024 Premier Energy Leadership Conference in Dubai

The Ghana National Petroleum Corporation (GNPC) was honored with the Energy With Purpose Award (CSR Impact Honour) at the inaugural Premier Energy Leadership Middle East & Africa Conference & Awards, held on October 17, 2024, at the Khoory Sky Garden Hotel

October 21, 2024October 21, 2024

Rural and Community Banks Embrace Digital Transformation to Enhance Financial Inclusion

In a significant step toward advancing financial intermediation, rural and community banks in Ghana have launched their digital banking platforms. This initiative has been made possible through the Financial Sector Development Project (FSDP), a collaboration between the Government of Ghana and

October 19, 2024October 18, 2024

Minerals Income and Investment Fund Injects $950m Into Economy

The Minerals Income and Investment Fund (MIIF) has contributed $950 million to the Ghanaian economy over the past 11 months. The fund also played a crucial role in the Gold for Oil program, providing approximately $626 million to Bulk Oil Distribution