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2m local chickens consumed annually

Ghanaians consumed more than two million locally-produced chickens last year, a new USAID survey of the sector has revealed. This suggests a vibrant market for live birds, amid concerns over the viability and competitiveness of the broiler industry in the country. In a survey that is expected to provide clarity …

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World Bank supports Ghana with $1.2 billion

The World Bank is to support Ghana with about 1.2 billion dollar credit to help finance some critical developmental project. The facility forms part of the World Bank’s 75 billion dollars International Development Association support to some selected countries globally. Country Director of the World Bank, Henry Kerali , announced …

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Dr. Ernest Addison is new BoG Governor

President Nana Addo Dankwa Akufo Addo has appointed Dr. Ernest Kwamina Yedu Addison as Governor of the Bank of Ghana. His appointment is however subject to consultation with the Council of State. A statement signed by the Director of Communications at the Presidency, Eugene Arhin said Dr. Addison’s appointment follows …

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Ghana loses US$50m to cyber crime

A report by Kenyan-based IT firm, Serianu Limited, has revealed that the economy lost a total of US$50 million to cybercrime in 2016. The report dubbed ‘Achieving Cyber Security Resilience: Enhancing Visibility and Increasing Awareness,’ shows that five African countries lost a combined US$895million to the menace–comprising an indirect loss …

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Jones Bootmaker sale saves 840 jobs

The bulk of footwear chain Jones Bootmaker has been sold to investment firm Endless, saving 72 stores and 840 jobs. However, the remaining 31 stores will close and about 260 jobs are expected to be lost. Jones was owned by Alteri Investors, whose “value” shoe chain Brantano collapsed earlier this …

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