Featured Articles

“Harnessing international skills for national development"


Volkswagen Ghana and BlackIvy Ghana have signed a Memorandum of Understanding (MoU) to collaborate toward the mutual goal of sustainable mobility, green growth and more affordable cars and homes in Ghana. BlackIvy Ghana is a subsidiary of BlackIvy LLC, a U.S. company that builds and grows commercial enterprises across sub-Saharan Africa. BlackIvy Ghana operates businesses in housing, healthcare, warehousing and industrial real estate. The strategic collaboration between BlackIvy Ghana and Volkswagen Ghana was signed on 16 September in Accra in the presence of Dr Mahamudu Bawumia, Vice President of Ghana, and Robert Ahomka-Lindsay, Deputy Minister of Trade and Industry. The collaboration follows the official launch of local assembly of vehicles by Volkswagen Ghana in August this year.

Ghana is ranked 130th in the 2020 World Bank Human Capital Index. The country made little gains in the index which has been extended to cover 174 countries. According to the report, the government used data to effectively re-target school feeding efforts under the Ghana School Feeding Program (GSFP) after it found that the targeted population was not being reached. However, more need to be done to improve its rankings. The nation fared better than South Africa and Nigeria. Data from the national poverty statistics and food security and vulnerability analysis were combined to improve targeting and reduce leakages.
The country’s progress in decreasing impediments has also been largely due to the multi-sectoral approach taken by policy makers.

Ghana’s 2020 cocoa light crop season would end at the close of business today, Thursday, September 17, the Ghana Cocoa Board (COCOBOD) announced in a statement released in Accra. The statement, signed by COCOBOD Chief Executive, Joseph Boahen Aidoo, said in order to assist the Licensed Buying Companies (LBCs) to obtain the final returns from upcountry stations, the Ghana Cocoa Board has decided that returns on the declared purchases will be accepted up to 4:00 p.m. on Thursday, September 24, 2020.Cocoa farmers will earn more for their produce in the next cocoa season than they currently receive for the same output of beans in the ongoing season. It follows plans by the government, through the Ghana Cocoa Board (COCOBOD), to raise the cocoa producer price (CPI) paid to cocoa farmers by more than 21% for the 2020/21 season.

Invest in Gh brings another intriguing webinar to you on September 26, 2020 @ 14:00GMT. Dr. Kenneth Donkor-Hyiaman (Real Estate Finance and Economics Lecturer, KNUST) will speak on the topic *“Cost of Building a House in Ghana”*. Visit *www.investingh.info* to register for free.

Ghana will in the short to medium term have auto photo maps whereby the entire country will be mapped to serve as a basis for the digitization of the lands in the country. Already all maps in Greater Accra have been scanned and are undergoing digitization. This, according to the Lands Commission, forms part of efforts to address the long-standing issues associated with acquiring and owning land in Ghana. A robust land administration system provides opportunities to unlock the productive capacity of land.

Ghana Government has established a tripartite technical committee to come out with modalities to implement the National Unemployment Insurance Scheme announced in the mid-year budget statement. Mr Ignatius Baffour-Awuah, the Minister of Employment and Labour Relations, said the scheme, when operational, would focus on providing direct income support to workers who lost their jobs or suffered pay cuts in the event of a social or economic crisis. He said the scheme would offer opportunities for training, re-training, job search support, apprenticeship and internships to enable those who lost their jobs to re-adjust. The Minister, at a media briefing in Accra on Wednesday, said the total unemployment rate had reduced from 11.9 percent, per the Ghana Living Standard Survey Six (GLSS Six) to 8.4 percent (GLSS Seven).


Secure your Tomorrow with *MY OWN PENSION* on your MTN Mobile Money and make contributions that you can rely upon tomorrow. To Register, Simply dial **170#*, select *Option 5* (Financial Services) and select *Option 4* (Pensions and Investments) to Begin


The Investingh team put together a Financial Planning Template to help you plan your budget, retirement, child’s fees, weddings, buying a car, land acquisition etc. Follow this link to download: http://eepurl.com/gb8arv


US$GH¢ Buy 5.6967 Sell 5.7023
GB£GH¢ Buy 7.3777 Sell 7.3857
AUD$GH¢ Buy 4.1514 Sell 4.1567
CAD$GH¢ Buy 4.3147 Sell 4.3186
JP¥GH¢ Buy 0.0544 Sell 0.0544
ZARGH¢ Buy 0.3508 Sell 0.3512
EU€GH¢ Buy 6.7370 Sell 6.7437
CHN¥GH¢ Buy 0.8420 Sell 0.8428
GH¢CFA Buy 97.2696 Sell 97.3663
GH¢NG₦ Buy 67.3743 Sell 67.5498

Bitcoin $10,965.04