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Ghana develops new standard to aid cocoa image pricing
Ghana has led the development of a new global standard for sustainable cocoa and this is aiding image pricing of its cocoa on the international market.
The standard has been adopted by the International Standards Organisation (ISO) and…
Ghana raises $2b sovereign bond
Ghana has raised a total of $2 billion from its 2018 sovereign bond issuance, which was concluded on Thursday May 10, 2018 - an indication of a strong investor confidence.
The 10-year bond raised $1.0 billion…
Mobile money transactions hit GH¢52.35b – Bank of Ghana
Mobile money transactions have increased by about 177 per cent between 2013 and March 2018, reaching GH¢312. 93 million and valued at GH¢52.35 billion transactions in March this year, Dr Ernest Addison, the Governor of the Bank of Ghana…
Ghanaians to be able to use PayPal by 2020
Ghana is one of the countries from where PayPal, one of the most popular and secure online global payment platforms can’t be used. But Ghanaians will soon be able to use the platform when the country becomes compliant, the Vice President,…
Sub-Saharan Africa economy to grow by 3.5% – IMF
The economy of Sub-Saharan Africa will recover modestly from 2.8 per cent growth in 2017 to 3.5 per cent in 2018, the International Monetary Fund (IMF), has said.
According to the IMF’s latest Regional Economic Outlook for sub-Saharan…
WTO expects 4.4% growth in global trade in 2018
The World Trade Organisation (WTO) says world merchandise trade growth which posted its largest increase in six years in 2017 is expected to remain strong in 2018 and 2019.
The anticipated merchandise trade volume growth of 4.4 per cent…
Coalition cites Ghana’s weak justice system as bane to galamsey fight
The Media Coalition Against Galamsey (MCAG) has identified the justice delivery system as the weakest link in the fight against illegal small-scale mining, also known as galamsey.
It said from investigators to prosecutors to the…
Which bank is next to go down after Sovereign Bank?
The crisis in the banking sector in Ghana has been known for some time now - at least, for more than six years. But the biggest question has always been what was being done to forestall the crisis from blowing up into major banking…
ARB Apex Bank assets grow to GH¢326m
Total assets of the ARB Apex Bank Limited hit GH¢326.4 million, last year, Mr. Kojo Mattah, the Managing Director, has announced.
This shows an increase of GH¢52.5 million over the 2016 figure of GH¢273.9 million.
At the same time,…
Governments must end repression of free speech – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has called governments the world over, to put an end to state sponsored acts that impede the practice of journalism.
Rather, they (governments) should promote free, diverse and pluralist media…