Business Archives - Page 5 of 41

September 25, 2024September 24, 2024

Rich Countries Can Unlock $5 Trillion Annually For Climate Action

A newly released study published today by Oil Change International has shown that rich countries can mobilize over $5 trillion annually for domestic and international climate initiatives by eliminating fossil fuel subsidies, implementing pollution tariffs on major emitters and reforming inequitable

September 23, 2024September 23, 2024

Chief Advocates For Establishment Of Industries In Rural Communities

Togbe Borbordzi VII, the Mankrado of Battor Traditional Area in Ghana's Volta region, is championing a crucial cause - bringing industries to rural communities. He firmly believes this will tackle rural-urban migration, unemployment, and boost rural development. Ghana's major cities are

September 20, 2024September 20, 2024

Empowering Future Leaders: 200 Awardees Benefit From MTN Bright Scholarship

The MTN Ghana Foundation has awarded 200 scholarships to continuing students in public tertiary institutions across the country for the 2024/2025 academic year. The MTN Bright Scholarship covers the cost of tuition, accommodation, a stipend for books, and a laptop for

September 19, 2024September 19, 2024

CBG Denies Rumours Of Sale To Swiss Entity

The Consolidated Bank Ghana Limited (CBG) has dismissed widespread social media reports suggesting that the bank has been sold to a Swiss entity. In a statement, CBG refuted these claims and assured the public that there had been no change in

September 19, 2024September 18, 2024

Ghana’s Economic Recovery Gains Momentum

Ghana's ongoing fiscal and monetary stabilization measures, implemented in response to recent economic shocks, are yielding positive results, according to Dr. Ernest Addison, Governor of the Bank of Ghana. This recovery is part of a broader effort in sub-Saharan Africa to

September 19, 2024September 18, 2024

91% Of Fishers Support Premix Fuel Subsidy Removal

A recent study by the Environment and Natural Resource Research Initiative (ENRRI-EfD Ghana) has revealed that 91 percent of fishers in the country support removing the long-standing premix fuel subsidy, a policy originally intended to make fuel more affordable for artisanal

September 19, 2024September 18, 2024

Ghana Posts 6.9% Economic Growth in Q2

Ghana’s economy grew by 6.9 percent in the second quarter of 2024, provisional figures released by the Ghana Statistical Service (GSS) has revealed. Compared to the first quarter of 2024, the economy grew at 4.7 percent. The Services sector continues to

September 18, 2024September 18, 2024

ECG Faces Financial Crisis: PURC Sounds Alarm to Presidency and Energy Minister

The Public Utilities Regulatory Commission (PURC) has served notice that the Electricity Company of Ghana (ECG) may be on the verge of bankruptcy due to severe financial difficulties. In a letter addressed to the Presidency, the Energy and Finance Ministers, and

September 18, 2024September 17, 2024

Government Shortlists Two Bidders for Saglemi Housing Project

The government is nearing the completion of its search for a partner to revitalize the stalled Saglemi Housing Project. After a rigorous evaluation process, transaction advisors Deloitte Ghana have identified two preferred bidders who will now enter final negotiations. Initially, over

September 17, 2024September 17, 2024

Cultivating a Coffee Revolution in Ghana

In the lush hills of Ghana's Akuapem Ridge, a quiet revolution is brewing. Led by the visionary John Nana Addo Francois, Asili Coffee is spearheading a movement to transform the region's rural economy through coffee cultivation. Supported by the International Trade