Business Archives - Page 48 of 49

November 10, 2023November 10, 2023

NPA Starts Bitumen Regulation In January 2024

The National Petroleum Authority (NPA) is set to commence the regulation of the importation, storage, processing and marketing of bitumen in the country effective January 2024. The new regulatory framework, which will have inputs from the Ghana Standards Authority (GSA), the

November 10, 2023November 10, 2023

Ghana Considers Visa Waivers For African Countries

Ghana’s Foreign Affairs Minister, Shirley Ayorkor Botchwey, has announced that the country is contemplating implementing visa waivers for African countries. This decision comes in the wake of recent moves between Ghana and South Africa to allow visa-free travel for both Africans

November 10, 2023November 10, 2023

ECG Loses GH¢2bn In 9Months

In a recent announcement by the Electricity Company of Ghana (ECG), it has been revealed that the power distribution company has made a significant increase in its collection losses for the first nine months of 2023. As of September 2023, the

November 9, 2023November 9, 2023

National Rental Assistance Scheme Disburses GH¢13m In 10 Months

Since launching in January 2023, the National Rental Assistance Scheme (NRAS) as of October 2023 has disbursed GH¢13.8million to cover rent advance for some 1,105 beneficiaries across six regions. The Minister for Works and Housing, Francis Asenso-Boakye, made this known on

November 9, 2023November 9, 2023

Health Insurance To Benefit From US$5bn Remittance Market

Ghanaians home and abroad are poised to reap healthcare insurance benefits from the nation’s estimated US$5billion remittance inflows, following a strategic partnership by MANJE HEALTH and SIC Life Insurance. The agreement will see the former – a digital platform providing access

November 9, 2023November 9, 2023

FIC, BoG To Strengthen AML/CFT Measures

The Financial Intelligence Centre (FIC) and Bank of Ghana (BoG), in collaboration with fintech industry players, are aiming to introduce a locally-based sanction list in an effort to fortify the financial technology (fintech) landscape and curb financial crime. The initiative aims

November 8, 2023November 8, 2023

Meet The Face Behind The Innovative and Evolving EPA! He is Henry Kwabena Kokofu Esq!

Hon. Dr. Henry Kwabena Kokofu, Esq is the Executive Director of Environmental Protection Agency (EPA), the lead body that oversees and govern Ghana’s environment. He was the former Deputy Chief Executive Officer of Ghana Integrated Iron and Steel Development Corporation (GIISDEC).

November 8, 2023November 8, 2023

AGOA Extension Will Spur Industrialisation

The Deputy Minister of Trade and Industry, Nana Ama Dokua Asiamah-Adjei, has backed calls to extend the African Growth and Opportunity Act (AGOA) to enhance trade between Ghana and the US. AGOA, a United States Trade Act enacted on 18 May

November 8, 2023November 8, 2023

Comprehensive Climate Data Critical For More Funding

Comprehensive data on climate finance remains a critical step in pushing for more funds to champion the climate change agenda, a climate finance negotiator, Foster Gyamfi, has said. In as much as Article 9 of the Paris Agreement asks developed parties

November 8, 2023November 8, 2023

World Bank Grants $150m Loan For Ghana’s West Africa Coastal Areas Management Programme

The World Bank has pledged its readiness to support the government of Ghana in its response to the humanitarian crisis in the Lower Volta, where thousands of residents lost their homes, farms, and businesses to floods as a result of the