Business Archives - Page 6 of 45

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

October 19, 2024October 18, 2024

Norway to Support Ghana’s Renewable Energy Development

Norway has announced its commitment to assist Ghana in enhancing its renewable energy capacity, leveraging the private sector as a primary driver for this initiative. This renewed focus comes as Norway concludes its Oil for Development Programme, which aimed to aid

October 17, 2024October 17, 2024

VRA Senior Staff: Proposed Merger of PURC and Energy Commission Not in Ghana’s Best Interest

The Senior Staff Association of the Volta River Authority has accused the government of deliberate attempts to separate the VRA thermal assets for onward sale to private investors and faceless politicians with its proposed energy bills. The proposed bills seek to

October 15, 2024October 15, 2024

Old Mutual Ghana Hosts Broker Engagement Event To Strengthen Partnerships

On October 4, 2024, Old Mutual Ghana, a leading insurance provider, held a Broker Engagement event at the Airport View Hotel in Accra to appreciate and connect with its stakeholders. This event marked a significant step in the company’s commitment to

October 11, 2024October 11, 2024

World Bank Warns of Middle-Income Trap for Developing Nations

The World Bank has released its World Development Report 2024, sounding the alarm for middle-income countries at risk of falling into the “middle-income trap.” Despite significant strides in poverty reduction, only a small fraction of middle-income nations have successfully transitioned to

October 11, 2024October 11, 2024

Jospong Group Partners With Uganda Government To Address Waste Management Challenges

The Ugandan government has entered into a partnership with Ghana’s Jospong Group of Companies (JGC) to tackle the country’s waste management issues. The deal starts with the decommissioning of the 39-acre Kiteezi Landfill in Wakiso District, near Kampala. This landfill will

October 8, 2024October 8, 2024

SMEs Central To Economic Recovery

Finance Minister Dr. Mohammed Amin Adam has highlighted the central role small and medium enterprises (SMEs) play in the nation’s economic recovery. He explained that the private sector, particularly SMEs, has benefitted significantly from government initiatives aimed at promoting entrepreneurship, accessing