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GNECS marks world egg day in Accra

 The Ghana National Egg Campaign Secretariat (GNECS) has marked this year's World Egg Day with a float on some principal streets of Accra-Ghana with a call to Ghanaians to increase their daily egg consumption for a healthy life. GNECS National Coordinator, madam Comfort Acheampong, observed the second Friday in October was used to celebrate the World Egg Day and this year, the secretariat decided to celebrate it with the public by sharing over 3000 boiled eggs to the public. We are here to celebrate egg which is a super food. All stakeholders in the egg value chain came together to celebrate this day.” We came to [Nkrumah] Circle which is a central point for travelers across the country to celebrate the day with the public and we have distributed over 3000 boiled eggs to mark the day,” she stated. Benefits of eggs  Sharing some health benefits of eggs, the Municipal Nutritionist at Korle Klottey, Zanno Billey, said eggs helped in brain development and also helped with muscle d...

Ecobank Ghana disburses $600 million via XpressLoan, incurs $24 million unrefunded loans

  Ecobank Ghana has to date disbursed almost US$600 million to 3.2 million Ghanaians via its micro loans product, XpressLoan on MTN Mobile Money, with some 3.99% (US$23.94 million) non-performing loans rate. Senior Banker and Digital Transformation Specialist at Ecobank, Elhanan Owureku Asare disclosed this during the FinTech Summit at the just-ended Mobile World Congress Africa 2023 in Rwanda. Ecobank Ghana, in collaboration with MTN MobileMoney Limited and Jumo set up XpressLoan about four years ago to provide affordable and collateral-free microloans to petty traders and individuals at an interest rate of 6.9% refundable in 30 days via the MTN MoMo platform. According to Owureku Asare, the scheme has so far benefitted some 3.2 million Ghanaians with average loan of about US$34.71 per person. Over time, however, some customers started defaulting on repayments by either refusing to top up their mobile wallets when repayment is due, or by simply throwing their respective SIM cards ...

Zenith Bank shines bright – a double triumph at 2023 Global Brand Awards

 In a world where trust, reliability, and customer-centricity are the pillars of success in the banking industry, Zenith Bank stands tall as a beacon of excellence. The Bank’s recent recognition at the 2023 Global Brand Awards as the Best Corporate Governance Company and the Best Retail Bank for Customer Service is evidence of its unwavering commitment to transparency, accountability, and customer satisfaction. Exceptional Corporate Governance At the heart of Zenith Bank’s remarkable success is its governance structure. The Bank’s Board of Directors comprises of individuals with diverse skills and expertise, extensive knowledge in various fields of discipline and independence. This ensures a well-rounded approach to decision-making, safeguarding the interests of both shareholders and customers. Transparency and disclosure are also cornerstones of the Bank’s operations. Zenith Bank consistently provides clear and comprehensive information about its financial performance, risk manage...

Bridging the digital gap in Africa – Eben Asante calls for action beyond the rhetoric

  Vice President, Markets, at MTN Group, Eben Asante has said that for Africa to be able to bridge the yawning digital gap and also leapfrog the risks that digitalization presents, stakeholders must move away from the rhetoric and start taking decisive and purposeful actions to get the job done. He was delivering a keynote address at the just-ended Mobile World Congress Africa (MWCAfrica) 2023 at the iconic Kigali Convention Center in Rwanda. The theme for the three-day conference was Velocity: Unleashing Tomorrow’s Technology Today, and it focused on four key sub-themes of Accelerate Africa, Fintech, Healthtech and Powering Digital. What emerged prominently in all the keynote addresses and sessions over the three-day period was that there is a huge connectivity gap in Africa, and even among the few who are actually connected, just about 25% use data, which leaves a yawning usage gap due to a number of factors, mainly affordability, lack of digital skills, relevance (language barri...

Lands Minister leads delegation to 2023 China mining conference on investment drive

 The Minister for Lands and Natural Resources, Samuel A. Jinapor, is leading a delegation of government officials and individuals from the private sector to attend the 25th China Mining Conference and Exhibition, to be held in Tianjin, China, from October 26 to 28, 2023. Since its inception in 1999, the Conference has become one of the foremost and influential mining forums across the globe. It brings together governments, investors, and other industry players to discuss and share ideas on the latest developments in the mining sector. This year, the Conference is being held under the theme “Innovation Promotes High-Quality Development of Mining.” More than 10,000 delegates and 400 exhibitors are expected to attend. Ahead of the Conference, on Tuesday, October 24, 2023, the Minister will meet with selected mining investors to pitch Ghana’s mining industry as an attractive investment destination. He will also visit the operational sites and meet with the senior leadership of some of ...

Payment of compensations will be linked to biosecurity on farms- VET Dir.

 The Greater Accra Regional Director for the Ghana Veterinary Services, Dr. Joseph Kofi Abuh, has reiterated that the payment of compensations on disease affected farms will be premised on the adherence of biosecurity on the farms. He adding that government used over GHc44m to pay compensations during the avian influenza outbreak in the country therefore the implementation of the biosecurity on the farms will help reduce the government’s expenditure. If you don’t have biosecurity on your farm and there’s an outbreak, you will not receive any compensation when your birds are destroyed” he warned.  Dr. Abuh was speaking in an interview during a network session organized by the Apex body of Women in Poultry Value Chain. The event was aimed at providing a platform for WIPVaC- Apex Ghana members to socialize and familiarize themselves with the impending implementation of the biosecurity certification in the country. He explained that his outfit is partnering with WIPVaC- Apex Ghana...

GOIL PLC commissions 5 Auto Gas stations nationwide

 GOIL PLC has officially commissioned five Auto Gas stations simultaneously at five specific locations nationwide at a colourful ceremony held at the Burma Camp GOIL service station, Accra, on Wednesday, October 18, 2023. The five locations include the Cape Coast By-Pass in the Central region, the GOIL Burma Camp and Kpeshie service station in the Greater Accra Region, Paco Gas station, Takoradi in the Western Region (yet to be approved by NPA), and Kentinkrono, Kumasi in the Ashanti Region. This move by GOIL is in preparation of the full implementation of the government’s cylinder recirculation module (CRM) policy, which aims to ensure that by 2030—50percent of Ghanaians have access to safe, clean and environmentally friendly liquefied petroleum gas. Speaking at the opening of the new gas stations in Accra, the Group CEO of GOIL PLC, Kwame Osei-Prempeh, said GOIL is at the forefront of meeting all the supply chain requirements set by the NPA. This commitment is demonstrated throug...