<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=6012558342001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>As private equity investments in Africa continue to grow, Adeyemi Osindero, CEO of Uhuru Capital is poised to tap into them. His company is seeing great potential in Ghana and the broader West African block. He spoke to CNBC Africa’s Kopano Gumbi at the YPO Edge conference in Cape Town, South Africa.</p>


Uhuru Capital sees huge opportunity in African markets

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=6011595294001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Access to quality healthcare is an all elusive ambition for most Africans says Dr Elikem Tamaklo, MD of Nyaho Medical Centre in Ghana. He spoke to CNBC Africa’s Kopano Gumbi about how they are working to change this narrative by offering innovative medical solutions, and Nyaho Medical Centre&#8217;s hope to bridge the divide between technology, medicine and people.</p>


Bridging the gap between medicine and technology

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=6010616911001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Ghana is celebrating her 62nd Independence Day today themed; Celebrating Peace and Unity. Arnold Sarfo-Kantanka, MD and Chairman of Future of Ghana joins CNBC Africa from Ghana to assess the country’s journey so far and her growth opportunities in the future.</p>


Ghana @ 62: Assessing the country’s journey so far

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=6008761832001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>The Bank of Ghana has issued a list of 23 licensed banks in Ghana but what are the expectations for the sector in the first quarter of the year following the completion of the recapitalization reforms?</p>


After BoG reforms: Here’s what to expect in banking sector in Q1’19

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=6002036869001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>The Ghana cedi has depreciated against the US dollar by 9 percent to GH¢4.92 from GH¢4.43 in February 2018, the fastest rate of depreciation in one year. Emmanuel Zewu, Analyst at Groupe Nduom joins CNBC Africa from Accra to discuss the impact this is having on businesses.</p>


Ghanaian cedi depreciates against US dollar: Here’s how it may impact you

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5999542981001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Ghana Amalgamated Trust says it will recapitalise five banks in the country with the sum of two billion cedis by March this year. Ola Warikoru, West African Bank Analyst at Stanbic IBTC joins CNBC Africa to discuss the impact of recapitalisation and stories around Ghana’s banking sector.</p>


Analysing Ghana’s banking sector recapitalisation bid

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5995407310001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Ghana Revenue Authority has set a tax revenue target of 58.9 billion Ghana Cedi in its 2019 budget, which is about 25.9 per cent higher than the 46.8 billion cedis targeted in 2018. Meanwhile, the GRA says contracting the services of consulting firm Mckinsey accounted for the improved revenue collection for the year 2018. William Demitia, Senior Associate Consultant at Ali-Nakyea and Associates joins CNBC Africa from Ghana to assess Ghana’s tax strategies.</p>


Assessing Ghana’s revenue collection strategies

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5989992441001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Ghana’s Police have confirmed the arrest of the Chief Executive Officer of Menzgold, Nana Appiah Mensah by Emirati officials in Dubai. This follows an issue of a warrant of arrest of an alleged Ponzi scheme by his firm. Menzgold’s operations involved purchase and deposit of gold collectibles and guaranteed returns one which the Security Exchange Commission says it is not licensed to run. Derrick Mensah, Portfolio Manager at IC Asset Managers joins CNBC Africa from Ghana to explain the Mengold saga.</p>


Unpacking Menzgold saga

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5989516707001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Norwegian oil exploration company, Aker Energy says its exploration in the Deepwater Cape Three Points block in Ghana has led to the discovery of what may be the biggest oil find in the country. Jubril Kareem, Oil and Gas Analyst at Ecobank joins CNBC Africa to discuss how this find could reposition Ghana’s oil and gas industry in West Africa.</p>


What Ghana’s biggest oil field discovery means for West Africa

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5989120681001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>The Bank of Ghana recently announced 23 banks in the country as fit for operations following the increment in the minimum capital requirement for commercial banks to 400 million Ghanaian Cedi. Collins Appiah, Economic Advisor at Services Integrity Savings and Loans joins CNBC Africa from Ghana to assess the impact of Ghana’s banking reforms on the sector.</p>


Assessing the impact of Ghana’s banking reforms


<figure class="wp-block-image"><img decoding="async" src="http://cnbc.africa/wp-content/uploads/2018/01/sb.png" alt="" class="wp-image-295762"/></figure>



<p><em>Getting your favourite Kente cloth has never looked this easy. Watch how weavers switch up styles,techniques and yarns to create intricate designs bursting with colour. In justa day, you can walk away with your own handwoven piece to give you that African flair. </em></p>



<iframe loading="lazy" width="560" height="315" src="https://www.youtube.com/embed/9zgldRcHs8I?rel=0&amp;autoplay=1&#038;mute=1; showinfo=0" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe> >



<figure class="wp-block-image"><img decoding="async" src="http://cnbc.africa/wp-content/uploads/2018/01/sb.png" alt="" class="wp-image-295762"/></figure>


The secret behind Ghana’s Kente cloth

<p>ACCRA (Reuters) &#8211; Ghana’s central bank kept its benchmark interest rate unchanged at 17 percent on Monday to cushion the West African economy against possible global pressures on emerging economies, governor Ernest Addison said.</p>
<p>The decision, the third hold this year, also helps to stabilise the local currency which has come under marginal pressure in recent weeks, Addison told reporters in Accra.</p>
<p>“The latest assessment shows that there are underlying pressures including risks in the continuing escalation of global trade pressures, steady rise in global inflation, further hike in U.S interest rates and a strong U.S dollar,” Addison said.</p>
<p>Ghana, which exports cocoa, gold and oil, is in its final year of a $918 million aid programme with the International Monetary Fund to narrow fiscal deficit, reduce debt and cut inflation to 8 percent, plus or minus 2 percentage points by the end of year.</p>
<p>The local currency depreciated 7.8 percent since January, above the bank’s end-year projection of less than 5 percent while public debt rose to $35.8 billion or 57.2 percent of gross domestic product at the end of September from $31.6 billion or 54.3 percent.</p>
<p>Addison said majority of commercial banks operating in the country were close to meeting the central bank’s new minimum capital requirement of 400 million cedis before the start of 2019.</p>
<p>Reporting by Kwasi Kpodo; Editing by Toby Chopra and Alison Williams</p>


Ghana’s central bank keeps interest rate unchanged at 17 percent

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5856274494001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Ghana moved up six places to rank 114 out of 190 economies in the World Bank’s 2019 Doing Business Report. The country’s score increased by 2.06 to 59.22. Yofi Grant, Chief Executive Officer of the Ghana Investment Promotion Centre joins CNBC Africa to discuss the ease of doing business in Ghana.</p>


Ghana up 6 places in doing business ranking

<p>ZURICH (Reuters) &#8211; Former Ghana Football Association president Kwesi Nyantakyi was handed a life ban from all football-related activities by FIFA on Tuesday following various violations of the governing body’s ethics code, including bribery and corruption.</p>
<p>Nyantakyi, a former member of FIFA’s General Council, was found guilty after being filmed by an investigative journalist in a hotel room appearing to take a $65,000 bribe from a supposed businessman seeking to sponsor the Ghanaian football league.</p>
<p>He was also fined 500,000 Swiss Francs ($498,000).</p>
<p>“The adjudicatory chamber found Mr Nyantakyi guilty of having violated art. 19 (Conflicts of interest), art. 21 (Bribery and corruption) and art. 22 (Commission) of the FIFA Code of Ethics,” FIFA said in a statement.</p>
<p>“As a consequence, Mr Nyantakyi is banned for life from all football-related activities (administrative, sports or any other) at both national and international level.</p>
<p>“Additionally, a fine in the amount of CHF 500,000 has been imposed on Mr Nyantakyi.”</p>
<p>Nyantakyi, who was also a former vice-president of the Confederation of African Football, resigned in June after a recording by undercover journalist Anas Aremeyaw Anas appeared to show him demanding kickbacks to pass on to top government officials, including the presidency.</p>
<p>Nyantakyi later apologised to Ghana president Nana Akufo-Addo and the government for what he called his “indiscretion”.</p>
<p>He denied any wrongdoing regarding match fixing.</p>
<p>The scandal, along with undercover footage that showed numerous match officials receiving bribes, forced the suspension of the Ghana Premier League in June, which has still not resumed.</p>
<p>Former Ghana Football Association (GFA) board member Kofi Amoah was placed in charge of a four-member normalisation committee in September that was tasked with steering the affairs of football in the country for the next six months.</p>
<p>Nyantakyi and the Ghana FA could not be immediately reached for comment on Tuesday.</p>
<p>($1 = 1.0048 Swiss francs)</p>
<p>Reporting By Nick Said, editing by Pritha Sarkar</p>


Why FIFA handed former Ghana FA president Nyantakyi a ban for life

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5855208163001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>The recently launched Common Platform shared by Ghana&#8217;s National Communications Agency and Ghana Revenue Authority carries out real-time collection and processing of data from the telecoms and mobile money industry. Ato Afful, CEO of Kelni GVG designers of the Common Platform joins CNBC Africa to discuss this innovation.</p>


Ghana’s common platform to check tax compliance in telecoms space

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5853827422001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>Renaissance Capital says Ghana&#8217;s GDP rebasing exercise exposes some underlying weakness in the West African country&#8217;s economy. Ghana changed its base year from 2006 to 2013 in its rebasing exercise, a move that led to a 25 per cent expansion of the GDP to 52 billion dollars, making Ghana the 6th largest economy in sub-Saharan Africa. Yvonne Mhango, Director and sub-Saharan Economist at Renaissance Capital joins CNBC Africa for this discussion.</p>


Impact of Ghana’s GDP rebasing exercise on economy

<div style="display: block; position: relative; max-width: 730px;">
<div style="padding-top: 56.25%;"><iframe style="width: 100%; height: 100%; position: absolute; top: 0px; bottom: 0px; right: 0px; left: 0px;" src="//players.brightcove.net/1571595826001/default_default/index.html?videoId=5853784250001" allowfullscreen="" border=0 frameborder=0></iframe></div>
</div>
<p>The Tony Elumelu Foundation saw a total of 1,060 trainees from 54 African countries graduate at the 2018 Entrepreneurship Forum. During the event, Ghanaian president quoted that &#8220;It is time leaders made proper and careful policy-making towards investing in young men and women trying to change the narrative of the continent&#8221;. Sean Drake, of The Wealth Project joins CNBC Africa from Madrid, Spain for more on this.</p>


Ghana

Uhuru Capital sees huge opportunity in African markets

Bridging the gap between medicine and technology

Ghana @ 62: Assessing the country’s journey so far

After BoG reforms: Here’s what to expect in banking sector in Q1’19

Ghanaian cedi depreciates against US dollar: Here’s how it may impact you

Analysing Ghana’s banking sector recapitalisation bid

Assessing Ghana’s revenue collection strategies

Unpacking Menzgold saga

What Ghana’s biggest oil field discovery means for West Africa

Assessing the impact of Ghana’s banking reforms

The secret behind Ghana’s Kente cloth

Ghana’s central bank keeps interest rate unchanged at 17 percent

Ghana up 6 places in doing business ranking

Why FIFA handed former Ghana FA president Nyantakyi a ban for life

Ghana’s common platform to check tax compliance in telecoms space

Impact of Ghana’s GDP rebasing exercise on economy

The hidden entrepreneurship opportunity for Africa’s youth

News Tips

Advertise With Us

Ghana

Uhuru Capital sees huge opportunity in African markets

Bridging the gap between medicine and technology

Ghana @ 62: Assessing the country’s journey so far

After BoG reforms: Here’s what to expect in banking sector in Q1’19

Ghanaian cedi depreciates against US dollar: Here’s how it may impact you

Analysing Ghana’s banking sector recapitalisation bid

Assessing Ghana’s revenue collection strategies

Unpacking Menzgold saga

What Ghana’s biggest oil field discovery means for West Africa

Assessing the impact of Ghana’s banking reforms

The secret behind Ghana’s Kente cloth

Ghana’s central bank keeps interest rate unchanged at 17 percent

Ghana up 6 places in doing business ranking

Why FIFA handed former Ghana FA president Nyantakyi a ban for life

Ghana’s common platform to check tax compliance in telecoms space

Impact of Ghana’s GDP rebasing exercise on economy

The hidden entrepreneurship opportunity for Africa’s youth

News Tips

Advertise With Us

Newsletters