EBID to channel 63% of investments into private sector under new five-year strategy

The President of the ECOWAS Bank for Investment and Development (EBID), Dr. George Agyekum Donkor, has stated that the bank will allocate at least 63% of its total commitments to private sector development under its new five-year strategic plan. Speaking at the 24th Annual General Meeting of the ECOWAS Bank for Investment and Development, Dr. […]
Publican AI may distort import values, increase costs – Freight Forwarders

The Ghana Institute of Freight Forwarders has stated that the government’s newly introduced Publican AI platform at the ports could arbitrarily increase import duties by assigning higher values to goods. Eric Amoah Amponsah, the Head of the Research Committee of the Ghana Institute of Freight Forwarders, said the platform’s valuation method risks departing from globally […]
Editorial: Business community yet to feel full impact of improved macroeconomic indicators

In spite of recent improvements in the country’s macroeconomic indicators, Mr. Mark Baidoo-Aboagye – Chief Executive Officer-Ghana National Chamber of Commerce and Industry (GNCCI) – says this is yet to translate into meaningful relief for businesses, citing structural cost pressures and time-lags in the economy. He acknowledged that the cedi’s strengthening is beginning to ease […]