Business

  • May 22, 2019

    Chinese airlines...

    China’s three biggest airlines have asked U.S. planemaker Boeing Co to compensate them for losses caused by the grounding and delayed deliveries of 737 MAX jets, just as regulators gather to discuss design changes for the troubled aircraft. Air China Ltd and China Southern Airlines Co Ltd spokesmen on Wednesday...

  • May 21, 2019

    Cultivation of...

    A 200-acre avocado plantation is under cultivation in Abuakwa in the Eastern Region, the first phase of an agro-processing project under the One-District-One-Factory (1D1F) programme. Project champions, Akuapem Gold Agro Processing Limited, has targeted to cultivate 2,000 acres of three varieties of avocado within the next year and scale it up...

  • May 21, 2019

    Gov’t commissions...

    Deputy Minister of Energy in-charge of Power, William Owuraku Aidoo, has commissioned a $2.3 million electrification project at New Abirem Constituency in the Eastern Region. The project connected 25 rural communities across the constituency to electricity and is expected to benefit over 2,000 inhabitants of the area. Among the beneficiary communities...

  • May 21, 2019

    Nana Addo...

    President Nana Akufo-Addo will today give his assent to the Right to Information (RTI) Act which was passed by Parliament in March 2019. The Act is meant to allow citizens more access to information in order to hold government accountable. The Right to Information is supposed to be a fundamental...

  • May 21, 2019

    PDS mass...

    Three people have been injured and rushed to the hospital for treatment after chaos broke out at Manya Kpongunor in the Lower Manya Krobo District of the Eastern region over mass disconnection exercise by Power Distribution Services (PDS). Reports indicate that the Police reinforcement team fired tear gas after they...

  • May 20, 2019

    Uncertainty over...

    The Economist Intelligent Unit (EIU) has indicated the cedi will continue to lose value against major trading currencies, especially the US dollar, due to uncertainty over the 2020 general elections and low confidence in the financial sector. In its country report on Ghana for May, the EIU said the cedi...

  • May 20, 2019

    Vodafone promises...

    Title sponsor of the Ghana Music Awards, Vodafone, has said it will continue supporting the music industry despite a scuffle between two rival artistes on Saturday. The telco giant said in a statement Sunday that although the scuffle that ensued on stage is regrettable, it acknowledges that a large number...

  • May 20, 2019

    Ghana physically...

    In the midst of terrorism threats and increasing cyber crimes in the country, the government and private companies have been urged to take steps to secure Ghana’s cyberspace. Cybercrimes in Ghana have jumped significantly from 116 in 2016 to 412 in 2017 and further to 558 in 2018, sources at...

  • May 19, 2019

    Radio stations...

    THE National Communications Authority (NCA) has urged holders of broadcasting spectrums to pay attention to details of their authorisations in order to avoid any fracas with the Authority. According to the Director General of the Authority, Joe Anokye, authorisations given by the NCA expires hence the need for holders of...

  • May 19, 2019

    NCA to...

    The Government has tasked the National Communications Authority (NCA) to liaise with mobile network operators and other relevant state agencies to determine the level of risk posed by the influx of counterfeit mobile devices on the market. Mr George Andah, a Deputy Minister of Communications, who gave the directive during...

  • May 17, 2019

    2019 MTN...

    MTN Ghana has launched its 2019 Internet Festival, dubbed: “iFest” in Accra to educate customers on the relevance of using the internet to enhance their everyday lives. iFest 2019, which is the ninth in the series, focused on three thematic areas of; Educating customers on internet usage; How to access...

  • May 17, 2019

    Barclays “Ultimate...

    Singapore-based business intelligence group, The Asian Banker has named Barclays Bank Ghana’s “Ultimate Account” as the best deposit product in West Africa for the year 2019. The award, Deposit Product of the Year, was announced at The Asian Banker West Africa Excellence in Retail Financial Awards 2019 ceremony held recently...

  • May 17, 2019

    Ghana’s economy...

    The Economist Intelligence Unit (EIU) has said, with consumer demand remaining robust during the year, helped by the lower cost of credit, it projects Ghana’s GDP to reach 6.5% in 2019. This projection is about 1.1% less than the government has projected to grow the GDP this year. The 2019...

  • May 17, 2019

    EIU projects...

    The Economist Intelligence Unit (EIU) has said in its latest report on Ghana that it expects a widening of the fiscal deficit in 2019 to 4.6% of GDP, from 3.4% of GDP in 2018. “We expect further fiscal slippage in the election year of 2020, with the deficit increasing to 5.2%...

  • May 17, 2019

    SEC’s ‘high-return...

    Caution by the Securities and Exchanges Commission (SEC) to investors about high return investments has been described as unsound by the head of an institution that champions private sector development. Chief Executive Officer of the Private Enterprise Federation (PEF), Nana Osei Bonsu II, has said on the Business Edition of PM Express on Thursday that...

  • May 16, 2019

    Digitisation crucial...

    On Wednesday, 15 May 2019, Ghana’s Vice-President Dr Mahamudu Bawumia participated in the first day of the Ghana Digital Roadmap Conference on the theme: Moving Ghana Beyond Aid: Expanding the local digital economy in Accra…   On Wednesday, 15 May 2019, Ghana’s Vice-President Dr Mahamudu Bawumia participated in the first...

  • May 16, 2019

    MTN pays...

    Telecommunication firm MTN Ghana has begun paying dividends to its shareholders after its Annual General Meeting (AGM). To this end, the company has presented an amount of GHS9,937,000 million as dividend to the Social Security and National Insurance Trust (SSNIT)…   Telecommunication firm MTN Ghana has begun paying dividends to...

  • May 16, 2019

    We can’t...

    Ghana’s Vice-President Dr Mahamudu Bawumia has stressed the importance the Akufo-Addo government attaches to the ongoing digitisation agenda, emphasising that a digitised, formal economy is a crucial plank of the Ghana Beyond Aid agenda…   Ghana’s Vice-President Dr Mahamudu Bawumia has stressed the importance the Akufo-Addo government attaches to the...

  • May 16, 2019

    Drop in...

    A drop in Ghana’s cocoa production has not dented the International Cocoa Organization’s (ICCO) forecast for global output of 4.8 million tonnes for 2018/19, Executive Director Michel Arrion said. Ghana previously forecast production of 900,000 tonnes, the same as the previous season, but has revised that down to about 850,000...

  • May 16, 2019

    NLA trains...

    The National Lottery Authority (NLA) in collaboration with the Nation Builders Corps (NABCO) Secretariat and overseas experts have offered training services to about 36 NABCO recruits. The training was conducted at the premises of NLA on technology transfer and assembling procedures for the solar-powered e-Kiosks. The National Lottery Authority due...

  • May 16, 2019

    MTN wants...

    MTN Ghana has said it is interested in acquiring the remaining 4G spectrum to improve customer experience, but telecoms giant said it will only acquire it if the price is fair. It would be recalled that in 2015, the National Communications Authority (NCA) auctioned the 2x10MHz slot in the 800MHz spectrum band...

  • May 16, 2019

    Guaranty Trust...

    Executives of the Guaranty Trust Bank (GT Bank) Ghana, on Tuesday, May 14, 2019, called on the Asantehene, Otumfuo Osei Tutu II, at the Manhyia Palace. The visit was to congratulate him on the 20th anniversary of his ascension to the Golden Stool and to introduce Mr Thomas Attah John...

  • May 15, 2019

    SMT Ghana...

    SMT Ghana, the official Distributor of Volvo Construction Equipment, Volvo Trucks and Volvo Penta in Ghana has held a grand ceremony in Accra to unveil the Volvo FM truck. The truck is acclaimed as the ideal all-around player in the Volvo trucks model range that covers the needs of most...

  • May 14, 2019

    Glo trains...

    Glo Mobile has concluded the training of customer interfacing personnel of the operators of the 25 dealer touchpoints across the country. This is to enable them attend to Glo customers in their own locations and provide seamless service like such customers would have received in any Gloworld shop. At the...

  • May 14, 2019

    Ghana ready...

    President Nana Addo Dankwa Akufo-Addo, says Ghana stands ready to host the Continental Secretariat of the African Continental Free Trade Area (AfCFTA) which would be responsible for the implementation of the African Union’s agenda of creating a single African Market to boost trade on the continent… President Nana Addo Dankwa...

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