Prime News Ghana

Today's Ghana Business, Banking and Economic news

Government signs agreement with AirtelTigo to take over shares

The Government of Ghana and the parent companies of AirtelTigo, Bharti Airtel Ghana Holdings B.V. and MIC Africa B.V have concluded negotiations and signed an agreement to transfer the shares of the company to the Ghana Government following the announcement of the company’s departure from the Ghanaian market last year.

IMF projects higher budget deficit in 2021

The International Monetary Fund (IMF) has projected an end-year fiscal deficit of 12.6 percent of gross domestic product (GDP) for Ghana, above the government’s projection of 10.8 percent including financial sector costs.

Digital petroleum monitoring rakes in GH¢1bn

Ghana’s first digital project to monitor petroleum products lifted from depots across the country has recorded over GH¢600 million more revenue in six months than the same period the year before.

EU, UNIDO supports Gh. Cosmetics Industry to strengthen export competitiveness

The West African Competitiveness Program (WACOMP) funded by the European Union and implemented by the United Nations Industrial Development Organization (UNIDO) in coordination with the Ministry of Trade and Industry (MoTI) as part of boosting the cosmetics and personal care industry in Ghana has in partnership with the Association of Ghana Industries (AGI) launched on Wednesday a digital market hub dedicated to promote and market locally produced cosmetics products from Ghana in Accra.

CalBank to leverage its digital offerings to drive sustained growth

Indigenous publicly-listed lender CalBank Plc says it will exploit opportunities that have been offered by the coronavirus pandemic, including the strong uptake of digital products, to accelerate the pace of its digital transformation journey to drive efficiency and growth.