The Ghana Tree Crop Diversification Project (TCDP) is set to bring digital innovation to the country’s cocoa industry, aiming to enhance traceability and efficiency across the cocoa value chain. The project, expected to be carried out in the Western North and Eastern Regions over the next five years, will operationalize the Ghana Cocoa Board’s…
_REVITALIZING RETAIL: HOW INVESTING IN SALES ASSOCIATES IS THE KEY TO REIGNITING IN-PERSON SHOPPING_ As the retail landscape continues to evolve, brands are searching for innovative ways to differentiate the in-store experience and reignite demand for in-person shopping. According to the BoF-McKinsey State of Fashion 2025, empowering sales associates to reach their full potential is…
Italy’s luxury manufacturing sector, long renowned for its exceptional craftsmanship and attention to detail, is facing a period of unprecedented change. With over 2,000 factories closing in the first three quarters of 2024, the industry is being forced to adapt to a new reality. But amidst the challenges, innovative suppliers like Gruppo Florence are developing…
The government has donated a sum of GH₵1million to the victims of the Kantamanto market fire that occurred last week. The donation, which was presented by the Minister for Trade and Industry, is aimed at providing relief to the affected traders and helping them to get back on their feet. The Kantamanto market fire, which…
Energy Minister John Jinapor is poised to inaugurate a technical committee tasked with overseeing the privatisation plan for the Electricity Company of Ghana (ECG). This move is part of the government’s efforts to introduce private sector participation in the power distribution sector, a plan that has already sparked controversy. The technical committee’s primary objective will…
In a bid to stimulate economic growth and increase revenue, the government has announced plans to overhaul the country’s tax system. The proposed tax reforms, which are expected to be implemented in the coming months, aim to simplify the tax code, reduce tax rates, and eliminate loopholes that have been exploited by some individuals and…
In a shocking turn of events, the aggrieved customers of Menzgold, a defunct gold dealership company, have suspended their spokesperson indefinitely. The decision was made after a heated meeting between the customers and the spokesperson, who has been representing them in their quest for justice and reimbursement. According to sources, the spokesperson was accused of…
In a move aimed at reducing the risk of fraud and promoting electronic payments, banks in Nigeria have begun implementing a new withdrawal limit for Point of Sale (PoS) transactions. The new limit, which takes effect immediately, sets a daily withdrawal limit of N100,000 and a weekly limit of N500,000 for PoS transactions. The implementation…
In his first economic speech since returning to the White House, President Donald Trump issued a stern warning to global business leaders: start making products in America or be prepared to pay tariffs. Speaking at the World Economic Forum Annual Meeting in Davos, Switzerland, Trump emphasized the benefits of manufacturing in the United States, highlighting…
There has been recent allegations of losses and accusations of impropriety regarding the novel gold for oil program started by the previous government with the Bank of Ghana and the Minerals Income Investment Fund (MIIF) at the centre of the accusations from some sources. The MIIF in the past three years has grown to…
In a major victory for Cassius Mining, the company has successfully challenged an arbitrator in a $277 million international arbitration case against the government of Ghana. The case, which was heard by the International Chamber of Commerce (ICC), centered on a dispute over a mining concession in Ghana. According to sources close to the case,…
The Nigerian stock market experienced a significant boost on Tuesday, thanks to a massive gain by MTN Nigeria Communications Plc. The telecommunications giant saw its share price rise by 10%, leading to a surge in the overall market capitalization of the Nigerian Stock Exchange (NSE). The gain by MTN Nigeria was attributed to the…
In a move that’s sending shockwaves through the European energy market, Nigeria’s newly launched $20 billion oil refinery is disrupting the status quo and challenging traditional players. The refinery, which is one of the largest in Africa, is expected to significantly reduce Nigeria’s reliance on imported petroleum products and is already having a major impact…
Dr. Ransford Anertey Abbey President John Dramani Mahama appointed Dr. Ransford Anertey Abbey as the new Chief Executive of Ghana Cocoa Board (COCOBOD). Dr. Abbey, a seasoned leader and corporate strategist, brings a wealth of experience to the role, including his tenure as Managing Director of Ignite Media Group. He has a proven track record in corporate…
The Africa Prosperity Dialogues (APD) 2025 is set to take place from 30 January to 1 February 2025 at the Accra International Conference Centre under the theme “Delivering Africa’s Single Market through Infrastructure: Invest. Connect. Integrate.” This annual event brings together Africa’s political and business leaders to discuss and push forward the agenda of turning…
McDan Aviation, a leading ground handling company in Ghana, has resumed operations at the Kotoka International Airport (KIA) after reaching a payment agreement with the Ghana Airports Company Limited (GACL). The company had suspended its operations at the airport last week due to a dispute over unpaid bills. According to sources, McDan Aviation had accumulated…
