Two sub-sectors weigh down services sector in Q3
The country’s services sector contracted by 1.1 percent year-on -year in the third quarter of the year. The contraction was driven by a decline in the Trade, Repair of Vehicles, ...
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Services sector still dominant despite 2.6 percent contraction in second quarter
The services sector maintained its position as the dominant sector in the Ghanaian economy despite contracting 2.6 percent in the second quarter of the year. The second quarter GDP figures ...
Financial Services, Energy and Pharma Sectors Focus Discussions on ESG Investment in 2022
Analysing the frequency of investment discussions in company's filings, GlobalData has found that companies within the financial services, power, oil & gas, and pharma sectors are centering discussions on ESG ...
Retail banking dominates Africa’s financial services sector
The 2020 edition of the Economic Report on Africa shows that the financial services sector is still dominated by retail banking, with very rudimentary forms of such non-bank financial institutions ...
TEWU-TUC Strikes, Petitions Government to Revise Conditions of Services
The Teachers and Educational Workers Union (TEWU) of the Trade Union Congress (TUC) has declared a nationwide strike. This industrial action arises from the government's failure to address delays in ...
BoG Suspends Taptap Send’s Remittance Services Over Regulatory Breaches
The Bank of Ghana (BoG) has issued a directive to all financial institutions in the country, instructing them to immediately halt their remittance termination partnership with Taptap Send. The directive ...
Akufo-Addo Reassures Commitment to Advance Ghana’s Legal Sector
President Nana Akufo-Addo has addressed members of the bar, reaffirming his administration's commitment to advancing Ghana’s legal sector. He highlighted several initiatives aimed at empowering public sector lawyers, enhancing legal ...
Government Pushes for Private Sector Role in ECG Operations
Finance Minister Dr. Mohammed Amin Adam has reiterated the government’s dedication to increasing private sector involvement in the operations of the Electricity Company of Ghana (ECG). Speaking at a ...
Public Services Workers’ Union Suspends Indefinite Strike
The Public Services Workers’ Union (PSWU) of the Trades Union Congress (TUC), Ghana, has suspended its indefinite industrial action, originally initiated in early October, to provide space for negotiations under ...
W/H Minister Addresses Press on Ghana’s Housing Sector
The Minister of Works and Housing Hon. Kojo Oppong Nkrumah, at a press conference, gave an update on the housing sector in the country. He highlighted the importance of investing ...
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