Nestlé projects support cereal farming, livelihoods in northern Ghana

Nestlé, in partnership with USAID, is supporting cereal farmers in the northern parts of Ghana. The partnership forms part of Nestlé’s ambition to develop thriving, resilient communities along its value chain. From farm to the plate, safe and high-quality agricultural commodities are instrumental in ensuring the supply of quality products within the food-manufacturing sector. Advertisement […]

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Gov’t grants policy approval for establishment of national airline

Government has granted policy approval for the establishment of a national airline but the Aviation Ministry is exercising caution. According to the Ministry, sustainability and transparency are key in deciding on the national carrier. Deputy Aviation Minister, Kwabena Darko Mensah told JoyNews the government is mindful of the challenges that resulted in the collapse of […]

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We have adequate dollars to stabilise cedi, don’t panic – BoG

The Bank of Ghana (BoG) has assured the general public and businesses not to panic because it has enough dollars to meet their demands and support the cedi. The assurance follows what has been described as sustained depreciation of the cedi over the past week. As at close of business on November 17 some banks were […]

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Is the Energy Sector Levies considered a bailout of banks in Ghana?

As noted in my recent article titled “Poor credit practices leading to high NPLs in Ghana”, I concluded that the primary cause of default for energy-related SOE and BDCs debts is due to the banks irresponsible credit decision. In this article, I will like to expand on the above-referenced article and demonstrate to you that […]

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National Development Bank, a merger of 2 existing financial institutions?

Government has ruled out the creation of a new financial institution despite proposing the establishment of a new National Development Bank. Finance Minister Ken Ofori-Atta in the 2018 budget announced the launch of a National Development Bank with the capacity of mobilising private capital towards agricultural and industrial transformation, among others. According to him, a […]

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Activa International wins Insurance Company of the year award

Activa International Insurance Company Ghana Limited (AIIG) has been awarded Insurance Company of the Year at the Ghana Accountancy and Finance Awards 2017. Managing Director of Activa Insurance Mr. Solomon Lartey expressed great appreciation to the awarding board for the recognition given to his company. He said ‘we have been in our little corner doing […]

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Petrosol’s finance team awarded best Finance Team in Oil and Gas sector

Petrosol’s finance team has been adjudged the Accounts and Finance Team of the Year 2017 (Oil and Gas Sector) at the maiden Ghana Accountancy & Finance Awards (GAFA). The award was in recognition of the company’s commitment to professionalism, financial discipline and adherence to fulfilling its financial obligations. The event was held at the Movenpick Hotel in […]

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Ghana risk losing vital records – Origin8 CEO

Ghana is at serious risk of losing its vital documents at the Public Records and Archives Administration Department (PRAAD) due to the deplorable state of the storage facility, lack of maintenance and resources to manage the department. Documents at the department are gradually decaying due to lack of proper storage as well as lack of […]

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