The Minority Leader in Parliament, Dr Cassiel Ato Forson, has disclosed that renowned pen manufacturer, BIC has moved its pen production operations to Ivory Coast due to the prevailing economic challenges in Ghana.
Category: Manufacturing
Beyond Efficiency: A More-human Economics
John Maynard Keynes, memorializing the death of his mentor Alfred Marshall a century ago, wrote that the “master economist must possess a rare combination of gifts…. He must be a mathematician, historian, statesman, philosopher.” Keynes might have been describing himself. He considered economics a moral science that must draw on a wide culture while keeping an “open […]
Alan Berger Joins Multi-Wing Global Board As Non-executive Director
Multi-Wing, the leading Danish manufacturer of axial fans for engine cooling and industrial heat exchangers, has announced the appointment of Alan Berger as a non-executive director to its global board.
Ghana: Govt Meets Cement Manufacturers Over Rising Prices
Accra, Ghana//-The government through the Ministry of Trade and Industry (MoTI), and the Chamber of Cement Manufacturers, Ghana (COCMAG) have agreed to periodically hold consultative meetings with industry players on cement manufacturing, bagging and distribution developments.
Africa Gets Shot in the Arm as African Pharmaceutical Tech Foundation Underway
Kigali, Rwanda// — Africa’s efforts to build a resilient and self-reliant pharmaceutical industry for the continent advanced significantly today as the African Pharmaceutical Technology Foundation and the Rwandan Government signed the host country agreement paving the way for the Foundation’s operationalisation.
More Than $1.8 Billion In Support For African Vaccine Manufacturing
Geneva/Accra// – The Board of Gavi, the Vaccine Alliance today announced a series of decisions that will help lower-income countries tackle backsliding from the COVID-19 pandemic and be better prepared to respond to US future health emergencies.
Ghana: ‘Restricting Imports the Right Way to go But the Approach is Problematic ‘
Accra, Ghana//-A former Deputy Finance Minister and Member of Parliament for Cape Coast South, George Kweku Ricketts-Hagan has expressed support for the introduction of the legislative instrument (L.I.) aimed at restricting the importation of specific strategic products.
Tata International Expands Operations in Nigeria at Lagos Free Zone
Lagos, Nigeria// — Tata International is set to expand operations in Nigeria through a strategic partnership with the Lagos Free Zone (LFZ) (https://LagosFreeZone.com).
Do Big Companies Cut Dividends to Grow?
CFOs frequently ask whether they should cut dividends to invest in growth. In theory, companies should consider reducing dividends when the funds that would have been used to pay for them are instead invested in initiatives that would generate returns above the company’s cost of capital.
Leather Stakeholders Laud Government’s Move to Ban Shoe Importation to Kenya
Nairobi, Kenya//-Leather Apex, an Umbrella Organisation of Kenya’s Leather Associations Across the Value Chain Working to Enhance the Global Competitiveness of Kenya’s Leather and leather Products, lauds the bold recommendation by the Ministry of Investments, Trade and Industry calling for the ban of increase import duty to 50% on imported shoes into Kenya.