Business

“I’m Very Passionate At Creating Wealth and Jobs For The Youth”- Dr. John Ampontuah Kumah

Deputy Minister For Finance, Dr. John Ampontuah Kumah has called on the private sector to support Government efforts aimed at creating wealth and jobs for Ghanaians. Speaking at the launch of the 2024 Wealth & Job Expo in Accra theme “The Power of Starting Small”, the deputy Minister said deliberate steps is being taken by

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Business

E-levy Generates GH¢1.19 billion, Govt Targets Creating 500,000 Jobs- Dr. John Kumah Discloses

Ghana’s workaholic Deputy Minister of Finance, Dr. John Ampontuah Kumah, has made a disclosure that the government of Ghana was able to earn a total of GH¢1.19 billion, representing revenue from the E-levy for the year 2023. From same, the government allocated funds to its YouStart Programme, the Ghana Enterprise Agency, and the National Entrepreneurship

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Business

Public Transport Goes Digital…Dr. Bawumia Introduces ‘Tap n Go’ Transport Service

By Enock Akonnor enockakonnor2013@gmail.com Vice President Dr. Mahamudu Bawumia has taken another giant step in Ghana’s digitalisation journey. In the early hours of Tuesday, 20th February, 2024, he launched the Tap n’ Go transport service, a multi-functional digital platform for the transport ecosystem of Ghana. As an all-inclusive app, the expansive Tap n’ Go platform,

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Business

We turned the corner: Ghana’s Economy Positioned for Sustainable Growth… “Amansanboafo” Dr. John Kumah Esq Writes 

We turned the corner: Ghana’s Economy Positioned for Sustainable Growth… “Amansanboafo” Dr. John Kumah Esq Writes  The past week was marked by a significant development in the public debt trajectory following the unanimous approval of Ghana’s request for debt treatment under the G-20 Common Framework for Debt Treatment Beyond the Debt Service Suspension Initiative (CF-DSSI).

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Business

NSS Boss Hon. Osei Assibey Graces MOU Signing Ceremony Between Jospong and Asian African Consortium

By Enock Akonnor enockakonnor2013@gmail.com The Chief Executive for Ghana National Service Secretariat, Hon. Osei Assibey on Friday, 2nd February, attended the official signing ceremony of the Memorandum of Understanding (MOU) between Jospong Group, the Asian African Consortium, and RUDN University. The ceremony happened at the prestigious College of Physicians & Surgeons in Accra, starting at

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Business

Ghana Has Been Importing Cocoa Beans Since 2001- COCOBOD

The Ghana Cocoa Board (COCOBOD) has dismissed media reports regarding a leaked official letter approving the importation of 2,500 metric tonnes of cocoa beans from Cote d’Ivoire and Nigeria as “misinformation.” In a statement dated Sunday, February 4, COCOBOD clarified that such arrangements have been in existence since November 2001, spanning over two decades. The

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Business

Most Ghanaian Workers Are Thieves- GUTA President

Joseph Obeng, president of the Ghana Union of Traders Association (GUTA), has stated that most Ghanaian workers are thieves. Addressing an audience at the National Economic Summit held at Movenpick Accra, he claimed that a significant number of Ghanaian workers are engaging in dishonest practices, attributing this behavior to the changing values and attitudes prevalent

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Business

China Overtakes Japan As World Biggest Exporter of Vehicles

China’s global dominance in electric cars helped it overtake Japan as the world’s biggest vehicle exporter last year, official data confirmed Wednesday. Japanese giants such as Toyota and Nissan have been much more cautious than their Chinese counterparts, like BYD on electric vehicles (EVs), banking instead on hybrid models. Figures released Wednesday by the Japan

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Business

Pinasol Foundation Supports Teenage Nursing Mothers With Sowing Machines at Sekyere East District

Executives of Pinasol Foundation have presented 10 sowing machines, each to 10 teenage nursing mothers of the Sekyere East District in Ashanti region. The support forms part of the foundation’s TVET project, implemented in the district with funding support from World Vision Ghana, Haella Foundation and Impact Direct Foundation in the Netherlands. Presentation of the

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Business

Sofoline Lorry Terminal Stinks…GPRTU Officers Fight Kwadaso MCE

By Enock Akonnor enockakonnor2013@gmail.com Officials of the Sofoline branch of Ghana Private Road Transport Union (GPRTU) have settled on freezing payment of all forms of revenue to the Kwadaso Municipal Assembly. They have advanced plans on ensuring that after the expiration of 21 days (from 2nd January 2024), officials from the assembly are barred from

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Business

Dr. Bawumia Joins Officials of Bank of Ghana At eCedi Hackathon

By Enock Akonnor enockakonnor2013@gmail.com Vice President Alhaji Mahamudu Bawumia joined officials of the Bank of Ghana to celebrate winners of the first eCedi Hackathon. It is a competition designed to bring together the brightest minds in technology and finance to explore the endless possibilities of a Central Bank Digital Currency (CBDC). Ghana is one of

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Business

SOS Netherlands/NBU-YEC Project: Beneficiaries Share Impactful Testimonies At Reach out Event

By Enock Akonnor enockakonnor2013@gmail.com Past beneficiaries of NBU project; now NBU-YEC have shared testimonies on how skills they received through the intiative have greatly impacted their lives and businesses. Before he was enlisted as an NBU trainee (Gama Cohort 8 category) in 2019, Desmund Adomako was working as a National Service Person at the National

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Business

Odotobri Rural Bank PLC Records GH 4,663,415.00 Net Profit

By Enock Akonnor enockakonnor2013@gmail.com Odotobri Rural Bank PLC exhibited an incredible performance in the year 2022 as against 2021 despite the impact of Covid-19, macroeconomic instability, global financing tightening and spillover effects of Russia’s invasion of Ukraine. Total deposits increased from GH 203,409,727.00 in 2021 to GH 242,773,461.00 in 2022. The increase according to officials

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Business

Odotobri Rural Bank Celebrates 40 Years Of Impactful Service…Spends GHs 183,467.84 On Social Responsibility

By Enock Akonnor enockakonnor2013@gmail.com Officials of Odotobri Rural Bank PLC have highlighted impactful gains the institution has made since 40 years of banking operation. Owing to its customer friendly products and excellent service delivery, the Bank received a Gold Award in Rural Bank category (Deposit Mobilization) at the 19th Ashanti Financial Service Excellence Awards organised

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