The Executive Board of the International Monetary Fund (IMF) has approved to lower the IMF’s borrowing costs for members by 36 per cent, or about 1.2 billion dollars annually. A statement, issued by the IMF Press Centre, said this was the outcome of the fund’s Board Review of Charges and the Surcharge Policy on Friday….
GRA Board Chairman, Hon. Joe Ghartey Board Chairman of the Ghana Revenue Authority (GRA), Hon. Joe Ghartey says the Authority has exceeded its revenue target for the first three quarters of this year. According to him, the success is ‘historic’, emphasizing that despite an election year the Authority has ensured effective revenue collection. Mr Ghartey,…
Today at the Economic Development Assembly: Advancing Africa’s Future in Abidjan, Côte d’Ivoire, it was announced that more than 100 eminent African and international CEOs, world leaders and artists have signed the Abidjan Accord, an urgent call to G20 governments to increase their contributions to IDA, the World Bank’s fund to help lift 77 of…
Mr. Oliver Alawuba • Total Assets up by 37.2% to N28.3 trillion • Customer Deposits hits N23.2 trillion, climbs 34% • Makes Profit Before Tax of N401.6bn Africa’s Global Bank, United Bank for Africa (UBA) Plc has released its audited financial results for the half year ended June 30, 2024, showing impressive performance across…
Joe Ghartey Board Chairman of the Ghana Revenue Authority (GRA), Hon. Joe Ghartey, has lauded Vice President Dr. Mahamudu Bawumia for the launch of the Citizen App, saying the App which will positively transform the future of Ghana. Hon. Ghartey delivering a speech at the launch of the Citizen App in Accra recently, said the…
Unilever Ghana PLC, the leading provider of consumer goods in Ghana, has reaffirmed its marketing and manufacturing excellence by getting proudly announces its exceptional performance at the recent Chartered Institute of Marketing Ghana (CIMG) Awards. The company’s outstanding performance was acknowledged with two prestigious accolades, confirming its commitment to innovation, consumer engagement, and manufacturing…
The Zayed Sustainability Prize, the UAE’s pioneering award for innovative solutions to global challenges, has announced this year’s finalists following a deliberation by its esteemed Jury. The winners will be announced at the Zayed Sustainability Prize Awards Ceremony on 14 January 2025 as part of Abu Dhabi Sustainability Week. The Zayed Sustainability Prize’s…
8 October 2024, Accra, Ghana: In a significant move towards enhancing energy efficiency and sustainability, Emirates has partnered with Etihad Clean Energy Development to launch a large-scale solar energy project at the Emirates Engineering Centre in Dubai. The signing ceremony took place at the World Green Economy Summit 2024 in the presence of His…
Source: Africa Publicity Africa Specialty Risks (ASR), the pan-African and Middle East focused (re)insurance group, announces that Africa Specialty Risks Ltd (ASR Ltd), ASR’s UK based entity is operating as a Lloyd’s service company, underwriting on behalf of ASR Syndicate 2454. This development enhances ASR’s distribution network, providing brokers in Africa and the Middle East…
Yango Group Yango Group, a global tech company headquartered in Dubai that creates everyday services, is gearing up to participate in GITEX Global 2024, one of the largest and most influential technology events in the world. The company, which operates in over 25 countries throughout the Middle East, Africa, Europe and beyond, is marking its…
VIVO Energy Ghana, the exclusive distributor and marketer of Shell-branded products, has proudly marked an exceptional milestone in its commitment to safety and operational excellence, celebrating 5,000 Goal Zero Days (no harm to people and minimising its impact on the environment). This achievement reflects the tireless dedication of employees, contractors, transporters, and all its…
Professor Victor Banjo, Executive Director in charge of Executive Education at Lagos Business School, has charged Nigerians to change their perception of insurance while disclosing that insurance revived his family fortune. Presenting a paper titled, ‘Customer-Centric Insurance: Enhancing the Customer Experience’ at the just concluded Chartered Insurance Institute of Nigeria’s Year 2024 Insurance Professional Forum held…
Determined to arrest the spate of divestments in the nation’s oil and gas sector, the Federal Government (FG) has announced a new fiscal regime with a wide range of tax exemptions in the industry. The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, said the fiscal incentives were aimed at revitalizing Nigeria’s oil…
Fairtrade Africa in collaboration with Kosmos Innovation Centre has launched Strengthening the Shea Value Chain in Northern Ghana project. The year-long project (August 2024 to July 2025) seeks to enhance the shea value chain in the northern parts of the country, focusing on job sustainability, improvement, and creation and targeting over 20,000 individuals. …
The Member of Parliament (MP) for Ellembelle, Mr Emmanuel Armah-Kofi Buah, has launched the second phase of the “Skill-Up Ellembelle” initiative to create employment opportunities for about 1,000 young people in the Constituency. This phase targets 1,000 young people in Ellembelle constituency. Mr Buah, who is also the Deputy Minority Leader in Parliament, presented…
Electrochem Ghana’s outgrower scheme is projected to become a significant economic powerhouse, generating $200 million annually. The CEO of Electrochem Ghana, Abdul Razak Adam, detailed the ambitious project during a phone interview with the Ghana News Agency (GNA). Launched on August 26, the scheme offers local miners in Ada and surrounding areas the…
