Today's Ghana Business, Banking and Economic news

INTRODUCTION

In an earlier article about long-term planning, I argued strongly for the adoption of strategies by company managers and owners that give real effect to the “perpetual existence feature” bestowed on companies by law and practice on incorporation.

The fear of investing in the stock market has embraced many people for years. It’s quite understandable given the uncertainties and the inevitable volatility of the market, how can one trust the market? No one wants to make losses. Everyone invests to win.

Minister-designate for Trade and Industry, Alan Kyerematen says 139,331 jobs have so far been created from the government’s One District, One Factory initiative.

Workers at KIA have temporarily called off their strike after meeting with some government officials.

The Natural Resource Governance Institute (NRGI) has said the recently passed Local Content and Local Participation regulations for Ghana’s mining sector would have been best if it provides further room to detail how to achieve and monitor local content.

The Bank of Ghana, BoG has launched a regulatory and innovation sandbox pilot.

The Chamber of Petroleum Consumers (COPEC) has announced that fuel prices in Ghana is set to go up between 2-4%.

The Ghana Airport Company Limited’s Divisional Union of the Public Services Workers’ Union of the Trade Union Congress, has in a statement directed all general staff of the Kotoka International Airport to withdraw their services.

Mobile telecommunication leader, MTN Ghana recorded a profit of GH¢1.3 billion last year, about 38.4% year-on-year growth.

Street food vendors occupy every corner of Accra by complementing the ambience with the yum and the aroma.

The Institute for Energy Security’s (IES’) study of the petroleum industry reveals that the natural gas sub-sector is rapidly becoming a fiscal burden to the country due to poor energy strategies, and delays in building the necessary and relevant infrastructure to off-take the processed domestic gas.

The Securities and Exchange Commission, SEC says Wiseling Online Investment Company, a Finnish-based company operating in Ghana, has not been licensed by it to carry out any Capital Market activity.

First National Bank Ghana has declared 2021 as the ‘Year of Home Ownership’ (YOHO2021) to help make homeownership a reality for many Ghanaians.

Dr Ernest Addison, Governor of the Bank of Ghana (BoG), has called on banks to build robust systems that will forestall cybersecurity incidences, strengthen their credit risk management policies, engage in risk-sharing arrangements through syndications, as well as effectively manage their operational risks.

Unilever’s Oral care brand, Pepsodent has introduced a new natural variant Pepsodent Herbal Triple Protection 140g to meet the growing consumer preference for natural products.