Whether you’re a seasoned marketer, a business owner, or a marketing enthusiast, our News Corner is designed to keep you informed and inspired. Explore our latest articles, stay ahead of the curve, and be part of the conversations that matter.
The Ghana Stock Exchange (GSE) actively seeks self-regulatory status from the Securities and Exchange Commission (SEC) to streamline the regulatory framework for the commercial paper (CP) market and enhance investor confidence. GSE is preparing to launch the CP market later this year, aiming to align its regulations with global markets and foster a transparent and … Read more
Accordance with Ghana Interbank Forex Market Conduct rules leads to temporary suspension The Bank of Ghana (BoG) has recently reinstated the forex licenses of Fidelity Bank and First National Bank after temporarily suspending them for violating specific sections of the Ghana Interbank Forex Market Conduct rules. The Central Bank took this action as a measure … Read more
Cocoa, the essential raw material for chocolate-making, has witnessed an unprecedented surge in prices, reaching their highest levels in over 12 years. This comes just weeks after a 46-year high in London, as traders and chocolate producers grapple with constrained supplies. The benchmark cocoa contract at the Intercontinental Exchange in New York peaked at $3,429 … Read more
Ghana, a nation known for its rich history and cultural diversity, has been grappling with a significant increase in public debt. As of April 2023, the country’s public debt reached a staggering GHS 569.3 billion, witnessing a remarkable GHS 134.7 billion surge since January 2023. This article delves into the details of the current debt … Read more
The mid-year budget review presentation by Finance Minister Ken Ofori-Atta has been a subject of debate and rescheduling in Ghana’s Parliament. Originally scheduled for July 25, 2023, the presentation has now been moved to July 27, 2023. This change has sparked concerns among members of Parliament, particularly regarding a development conference organized by the Church … Read more
Ghana’s decision to sign the Council of Europe Second Additional Protocol to the Convention on Cybercrime, known as the Budapest Convention, has been hailed as a crucial step in combating cybercrime, according to Albert Antwi-Boasiako, the Director-General of the Cyber Security Authority (CSA). The protocol equips law enforcement authorities with vital tools to protect Internet … Read more
Mr. Bice Osei Kuffour, also known as “Obour,” the Managing Director of Ghana Post Company Limited, addressed the company’s financial loss of GH¢6.17 million in 2020, attributing it to the outbreak of the COVID-19 pandemic. He made these remarks during a public hearing held by the Public Accounts Committee (PAC) of Parliament in Accra. Significant … Read more
In a move aimed at bolstering revenue and taxing digital platforms, the government of Ghana has implemented a 21 percent Value Added Tax (VAT) on advertisements run on the social media giant, Facebook. The new charge is set to take effect from August 1, 2023, and will apply to both business and personal advertisements. Government’s … Read more
The National Communication Authority (NCA) has taken a significant step towards fostering a level playing field and encouraging infrastructure investment for the deployment of 4G networks by non-Significant Market Power (SMP) operators. In a recent statement issued in Accra, the NCA announced the introduction of technology neutrality as a remedy to address SMP concerns, correct … Read more
The Managing Director of Agricultural Development Bank (ADB) PLC, Alhaji Alhassan Yakubu-Tali, has expressed his full support for the Ekumfi factory model and emphasized the need to establish similar processing facilities in agriculturally-rich regions across Ghana. The aim is to harness the transformative potential of agribusiness, creating jobs and fostering wealth generation. During a recent … Read more