Business leaders gathered female entrepreneurs and young startup founders for a special training day around Central Region. The Ghana National Chamber of Commerce and Industry organized this workshop to help women and youth build stronger companies. They focused on teaching people about investment chances and business policies that could help small companies grow bigger. The event targeted the Women and Youth Wing members who need better access to money, guidance, and markets. Leaders want these entrepreneurs to overcome the major problems that stop most small businesses from succeeding.
Dr Emelia Assiakwa from the Chamber spoke about how banks make it hard for women to borrow money for their businesses. She explained that strict...
Ghana landed at number 12 on Africa's most expensive places to live list. Numbeo released fresh data comparing 23 African countries and Ghana scored badly. The West African nation earned 30.6 points on the cost-of-living scale. Ethiopia grabbed the top spot with 43.2 points as the priciest place on the continent. Botswana came second with 39.5 points and Mozambique third at 38.9 points.
Several countries beat Ghana's ranking and made life harder for their residents. Somalia, Cameroon, Mauritius, Zimbabwe, Rwanda, Zambia and Tanzania all cost more than Ghana. Ivory Coast also outranked Ghana with 38.8 points on the expensive living scale. The numbers show how much people pay for food, houses, travel, doctors and basic services. Ghana's...
Ghana's government keeps coming up short when trying to borrow money from investors. Officials wanted to raise almost four billion cedis last week but only managed to attract 3.6 billion in offers. This marks the fifth straight week that people have not shown enough interest in government bonds. The shortfall reached 300 million cedis and threatens to hurt the country's ability to pay its bills. Experts worry that investor confidence has taken a serious hit.
The problem stems from falling interest rates that make government bonds less profitable for investors. Officials have been pushing rates down to save money on borrowing costs. However, this strategy has backfired as fewer people want to buy bonds that offer smaller returns. The...
Licensed miners across Ghana want President Mahama to stop a fake anti-galamsey team. This rogue group pretends to have government power but really just causes trouble. The fake officers steal equipment from legal miners and demand money. They attack people who follow all the proper mining rules. The real government task force cannot do their job because these criminals keep interfering.
A dangerous fight almost started between the fake team and official workers in Western Region. Energy Minister Armah-Kofi Buah had to step in and tell the real officers to leave. The fake group later blocked roads and tried to take weapons from government workers. This scared many people about safety and who really controls security. Nobody knows who...
Ghana just scored major financial backing from global money lenders. The World Bank decided to hand over a massive $360 million to help the West African nation fix its struggling economy. Officials say this cash injection will help create more jobs for regular people. The money comes from something called the International Development Association. Ghana needs this funding to get back on solid financial ground.
Finance Minister Cassiel Ato Forson says his country has already made good progress with economic reforms. He believes the new money will help Ghana build a stronger economy that can handle future problems. The minister wants to use these funds to improve how the government manages its spending. Previous reform efforts have...
The Ghanaian cedi gained some ground against the American dollar on Monday. Banks offered buyers a rate of GHS10.32 and charged sellers GHS10.96 for each dollar. Money changers at forex bureaus asked customers to pay more for the same currency. People buying dollars from these places paid GHS12.30 and those selling received GHS12.70. The Bank of Ghana set its own rates at GHS10.30 for buying and GHS10.32 for selling.
British pounds cost even more at the money changing shops around town. Buyers handed over GHS13.92 for each pound and sellers got GHS14.85 back. The central bank kept its pound rate at GHS14.16 for the day. European euros traded at GHS11.96 for buyers and GHS12.72 for sellers at the bureaus. The official bank rate for...
President John Mahama will launch his famous jobs program on Wednesday, July 2nd. The 24-Hour Economy plan was a major promise during the 2024 election campaign. Mahama wants businesses and government offices to stay open around the clock. The program aims to create more jobs and help the country make more money. Workers will take turns on different shifts to keep things running day and night.
Goosie Tanoh works as the president's advisor on this new plan. He told Parliament about the official launch date last week. The government will start with its offices first before asking private companies to join. They plan to focus on factories, hospitals, farms, and delivery services. Each area will slowly add more hours of operation...
Ghana's Black Queens packed up and moved their training camp from Benslimane to Siaïda ahead of the big tournament. The women's soccer team spent two weeks working hard on their fitness and game plans. They finished their prep work and switched locations as the tournament date gets closer. The squad played three practice games against teams from Malawi, Benin, and Nigeria during their camp. Team officials say the players are ready to compete at the highest level.
Morocco will host the 2025 Women's Africa Cup of Nations from July 5 through July 26. The Black Queens landed a tough draw for the group stage of the competition. They must face defending champions South Africa along with Mali and Tanzania teams. Group C promises to deliver...
Hohoe United want Prosper Narteh Ogum to become their new manager. The freshly promoted club has started talking to the experienced coach about taking charge. They need someone with serious credentials to help them survive their first season at the top level. Ogum has emerged as their number one target for the job. Local newspapers report that early discussions have already begun between both parties.
The Volta Region team earned their place among Ghana's elite clubs after dominating Zone 3 last season. They collected an impressive 72 points during their Division One League campaign. Their strong performance convinced everyone they deserve a shot at Premier League football. Club officials want to make a splash with their coaching...
