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Digitising data collection for agricultural sector crucial – Panelists

Stakeholders in the technology and agriculture sector have called for the establishment of a reliable national database to collate relevant information on the agriculture sector to ensure information flow. They said the lack of reliable data was a barrier to high productivity in the agriculture sector as players including farmers, input dealers, aggregators and investors struggled to access adequate and …

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Government to issue sovereign bonds of $3billion

Finance Minister Ken Ofori-Atta has told Parliament that in order to support the 2021 budget and liability management, the government plans to source funding from the international capital market. He said this will comprise the issuance of sovereign bonds of US$3 billion with the option to increase it to US$5 billion should market conditions prove favourable. Out of the amount to be raised, he …

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Data-driven digital banking the way to go – KPMG report

A new KPMG report says banks can only survive in the highly digitised era if their product offerings are designed in a way that meets the preference of millennials. The report titled: “Heightened customer expectation in the new normal and beyond,” said the future of customer experience will be insight-led, digitally-enabled and would require customer-centric culture as well as compelling …

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Move from production to processing, young entrepreneurs told

Professor Samuel A. Donkoh, an Associate Professor at the University of Development Studies has called on young entrepreneurs to move away from production to processing. “The way out for our development is the processing of our agricultural products,” he said at a virtual meeting organized by the Ghana Young Entrepreneurs’ Roundtable (GYER) on the Sustainable Development Goals (SDGs) in Accra. …

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UK turning to Ghana as trade and investment destination

As the United Kingdom gets closer and closer to a widely feared no-deal exit from the European Union, its private sector is already making moves to cement alternative trade and investment counterparties. One of them is Ghana, a traditional major trade and investment partner which has lost ground to various counterparties in both western and eastern Europe over the past …

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SSNIT launches Mobile Service Week in Takoradi

The Social Security and National Insurance Trust (SSNIT) has launched its Mobile Service Week at the Takoradi Mall in the Western Region. The SSNIT Mobile Service is an annual event where SSNIT officers move from their regular office setting to pitch camp at vantage locations across the country to bring its services closer to their Members and Clients. The Mobile …

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Foreign investors have absolute confidence in Ghana’s economy – Ayorkor Botchwey

Minister of Foreign Affairs and Regional Integration Shirley Ayorkor Botchwey has noted that foreign investors now have absolute confidence in Ghana’s economy due to the good policies introduced by President Nana Addo Dankwa Akufo-Addo. She revealed that the investors are willing to invest in the economy to create more jobs for the people of this country owing to the confidence …

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Debts: IMF’s projections for Ghana mere statistics – Ken Ofori-Atta

Finance Minister Ken Ofori-Atta has described the projections made by the International Monetary Fund (IMF) regarding Ghana’s debt situation as merely statistical. He told TV3’s Etornam Sey in an exclusive interview on Monday, October 26 that the government of Ghana was not too concerned about the debt because attention was focused on spending the funds to protect Ghanaians against the outbreak of …

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GIPC eyes increased intra-Africa investment

The Ghana Investment Promotion Centre (GIPC) says it will promote intra-Africa investments in an effort to monetise the economic opportunities spread across the continent. According to the CEO of the centre, Yofi Grant, the private sector in Africa has done a commendable job of increasing cross-national investment within the continent—and the GIPC, as a state body, will encourage the trend. “In …

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Only 3% of Ghanaian businesses fear collapse over pandemic -Survey

A survey conducted by the Africa Business Panel, a market research firm, has revealed that only 3 percent of business professionals in Ghana fear the company they work for will not survive the Covid-19 crisis. According to the survey, which interviewed 2,166 business professionals across the continent, Ghanaian companies are least able to take advantage of the crisis. Also, none …

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