news and current affairs.
B5 Plus CEO Pushes for Ghana-India Forum to Boost Industry
B5 Plus Limited chief Mukesh Thakwhile spoke at a fancy dinner that ended Ghana's big business meeting with China. The five-day summit wrapped up Sunday evening at an Accra venue where deals and handshakes flew around the room. Business people from both countries spent the week talking about money, factories, and jobs that could change everything. The event carried a theme about working together and keeping the economy running all day and night. Leaders wanted to strengthen ties between Ghana and China through smart partnerships. Thakwani told everyone that factories and companies stand ready to transform Ghana into Africa's biggest manufacturing center. The summit made people believe again that Ghana could become a major player for...
B5 Plus CEO Vows to Invest in Ghana's Youth for Industrial Boom
Business leaders from Ghana and China wrapped up their major trade talks with promises for young people. Mukesh Thakwani runs B5 Plus Limited and spoke at the closing dinner event. He told Ghanaian youth that factories and companies want to help build their careers. The five-day summit ended Sunday evening with handshakes and new deals between both countries. Leaders focused on creating jobs and making money flow between Ghana and China around the clock. Thakwani said his company believes Ghana can become Africa's biggest factory hub. Indian businesses want to put money into Ghanaian projects that will hire young workers. The summit brought together entrepreneurs and government officials from both nations. They talked about trade...
Ghana Celebrates Mozambique's 50th with Renewed Friendship
Ghana promises to make friends with Mozambique even stronger as the African country marks fifty years of freedom. Communication Minister Samuel Nartey George spoke at a party held at the High Commission Saturday morning. He talked about how Mozambique fought hard to break free from colonial powers decades ago. George said Ghana stood with Mozambique during their tough fight for independence. The minister praised how far Mozambique has come since winning their freedom. George told everyone about Mozambique's amazing progress over five decades of independence. He mentioned their success building the nation despite wars and natural disasters hitting them hard. The country has made great strides with energy projects, farming, schools, and...
Ghana and China ignite $15B trade gold rush
Ghana and China just made their business partnership even stronger. The two countries trade goods worth eleven billion dollars every year. Foreign Minister Samuel Okudzeto Ablakwa met with Chinese officials from Nanning city. He told them the trade could grow to fifteen billion dollars soon. China buys more from Ghana than any other country does. Ablakwa wants Chinese cities to team up with Ghanaian cities. The partnerships would help both countries learn from each other. Chinese officials could teach Ghanaians about city planning and technology. Ghanaian leaders would share their knowledge about farming and culture. Vice Mayor Guo Wei loved the idea of connecting their cities together. The minister gave the Chinese visitors a serious...
Ghana's Ad Bill Back to Slap Rogue Ads and Save Jobs
Ghana's government plans to bring back the Advertising Bill for lawmakers to review. Deputy Minister Sampson Ahi made the announcement during Saturday's creativity festival events held across Accra. The new rules will clean up how companies sell their products to customers. Officials want better standards and stronger protection for people who buy things. Modern laws will help businesses operate more fairly within the advertising world. Ahi praised the Advertising Association of Ghana for connecting creative minds with business opportunities. The industry pumps over 2.5 billion cedis into Ghana's economy each year. Companies from farming to healthcare depend on smart marketing to reach their customers. Fashion brands and technology...
Goldstar Air Plots 24-Hour Flight Festivals to Fry Your Mind
Goldstar Air wants to shake up global aviation with party planes that bring Ghanaian culture to the world. The private airline already holds proper licenses from Ghana Civil Aviation Authority and plans massive entertainment festivals at every destination. Company chief Eric Bannerman dreams of connecting Ghana to Washington, London, Dubai, Toronto and dozens more cities with non-stop cultural celebrations. Each festival will showcase African music, dance, food and movies to international crowds hungry for authentic experiences. The airline believes these cultural parties will generate millions in tourism revenue for Ghana. Bannerman faces one major roadblock that could ground his ambitious plans before they take off. Ghana Civil...
MPs Stage Grand Board Power Grab at SIC Insurance
SIC Insurance PLC picked fresh faces for their top team this week. The company brought Bernard Ahiafor on board as their new chairman. Ahiafor already works as First Deputy Speaker of Parliament and represents Akatsi South. Justice Afi Agbanu Kudonor made everything official during a Monday ceremony. The swearing happened at their main office called Nyemetei House located right here in Accra. Six other heavy hitters joined Ahiafor on the new board. Dr. Abena Nyarkoa Asomaning stepped up to help guide the company forward. Daniel Amasah Kotey and retired Major Ben Donkor also grabbed seats at the table. Two more parliament members rounded out the group. David Theophilus Dominic Vondee represents Twifo-Atii Morkwaa and Emmanuel Kofi...
Cedi Plunges to GHS12 as Ghanaians Scrimp for Dollars
Ghana's currency took another wild ride on Tuesday as the cedi bounced around against major world currencies. Money changers saw the dollar trade at an average of 10.32 cedis when people wanted to buy and 10.98 cedis when they wanted to sell. The local currency kept everyone guessing with its ups and downs throughout the day. Cedirates.com tracked all these numbers as they changed from hour to hour. Currency traders watched their screens closely as the market moved back and forth. Forex bureaus across the country set their own prices for dollar deals. These street-level money changers asked for 12.30 cedis when customers wanted to buy dollars and 12.70 cedis when they wanted to sell them back. The Bank of Ghana set much lower official...
Starmer Fills Kenya's Coffers with Ksh427B Windfall
President William Ruto struck a massive deal with British Prime Minister Keir Starmer during talks held across the pond. The leaders put pen to paper on a fresh five-year partnership that brings over 427 billion shillings to Kenya. State House officials confirmed the agreement covers four major areas that will transform the country. The money will flow through trade partnerships, environmental projects, new technology ventures, and security cooperation. Both countries expect the cash injection to create thousands of jobs for ordinary Kenyans. Britain promised to pump 17.7 billion shillings directly toward helping local startups grow bigger. The funding will support over 500 new businesses and give 5,000 small companies the digital...
Top