The Republic of Benin’s suspension of the implementation of the ECOWAS Trade Liberalization Scheme (ETLS) has spurred an outcry among Ghanaian exporters to that country, with the Member of Parliament for Okaikwei Central, Hon. Patrick Yaw Boamah, sending an SOS message to the Minister of Trade and Industry to intervene.
The long-awaited trading within the African Continental Free Trade Area (AfCFTA) finally began on January 1, 2021, marking a very important milestone for African trade.
The African Development Bank today announced the addition of two new countries – Mauritius and Morocco – to its Bloomberg African Bond Indices (ABABI), marking a steady progress in the Bank’s efforts to deepen the continent’s local currency bond market. The African Development Bank administers the ABABI, a family of African bond indices launched in […]
Pfizer has announced the appointment of Patrick van der Loo as Regional President for Africa and the Middle East (AfME) region.
Industry experts meeting this week for a virtual discussion focused on resetting, retooling and restarting regional integration in Africa in the wake of the COVID-19 pandemic, underscored the importance of putting small scale traders at the heart of any initiatives. The joint webinar, organized on Tuesday by the African Development Bank (AfDB) and Korea Customs Service […]
Ghana’s financial sector is in crisis. A crisis occasioned by the collapse of over 300 financial institutions; and which has affected every division of the financial sector. Universal banks, savings and loans companies, microfinance companies, capital market institutions, and insurance companies have been impacted. While majority of the collapsed institutions were licensed and regulated, a […]
The Food and Drugs Authority (FDA) has assured the general public that the safety in the consumption of tomato paste is still intact, urging all to ignore a documentary which has gone viral on social media that seems to portray that the safety of the product has been compromised.
On June 3rd of this year, Paypal posted a job opening for a Blockchain Research Engineer. The description calls for responsibilities like “Leading discovery for use cases that can further PayPal’s understanding of blockchain and specific blockchain implementations.”
The Obuasi Municipal Assembly has shutdown the Obuasi Central Market among two others. The move is to enforce physical social distancing and other protocols of Covid 19 to mitigate spreading of the viral disease in the mining city. The Municipal Assembly has also directed all drinking spot operators to also close down shops to business […]
The Bank of Ghana (BoG) has fined the Barclays Bank of Ghana an amount of GH₵4,579,256.32 for making frivolous quotes on Ghana’s Interbank Foreign Exchange Market. The action of Barclays Bank, according to the Central Bank, is in breach of the Ghana Interbank Forex Market Conduct Rules. A statement dated Monday, June 3, 2019, and […]
French multinational automobile manufacturer, Renault, is considering the establishment of an automobile assembly plant in Ghana, following in the footsteps of Volkswagen, Nissan and Sinotruk that will, this year, establish assembly plants in Ghana. Vice President and Chairman of the Africa-Middle-East-India (AMI) Region at Renault, Fabrice Cambolive, made this known on Monday, 28th January, 2019, […]