The National Lottery Authority (NLA) would like to bring to the attention of the staking public, media, lotto discounters, lotto marketing companies and other stakeholders that the payment of Winning Tickets/Prize after every draw would slightly delay for a number of days due to the following reasons: The employees of the Authority currently run on […]
Category: Business
McDan cuts sod for construction of state-of-the-art Shea nut processing factory in Nasia; donates truck to Alkoh Shea Butter
The Chairman and Chief Executive Officer of the McDan Group, Dr. Daniel McKorley has through the McDan Foundation cut sod for the construction of an ultra-modern state-of-the-art Shea nut processing factory at Nasia in the Northern Region. Estimated at a cost of GHS550, 000, the factory will enhance the operations of Alkoh Shea Butter with […]
Discipline is the key to ensuring staff efficiency-McDan Group CEO charges employers
The Chairman and Chief Executive Officer of the McDan Group of Companies, Dr. Daniel McKorley has charged employers to exhibit a high sense of discipline in order to elicit optimum performance from their employees. The move Dr. McKorley explained will also stimulate employee efficiency and efficacy. According to the Business Mogul, it is imperative to […]
CEO of Ghana Bankers Association, Daniel Ato Kwamina Mensah dead
Chief Executive of the Ghana Bankers Association, Daniel Ato Kwamina Mensah, has reportedly passed away. Myjoyonline reports that a notice to members of the Association from its president Alhassan Andani confirmed the demise of Mr Mensah. “It is with a heavy heart and deep sorry that I on behalf of the Family of Mr D. […]
NLA worried about increased fraudulent activities on social media; Cautions staking public against lotto fraudsters
The National Lottery Authority is worried about the increased fraudulent activities on social media, particularly those that has to do with NLA games. A statement issued by the Public Relations Unit of the NLA cautioned the staking public against these fraudsters who operate on Facebook and WhatsApp among others. Read the full statement as issued […]
Receiver of Capital Bank testifies in Ato Essien’s trial
One of the receivers of the defunct Capital Bank, Mr Vish Ashiagbor, yesterday took the witness box to testify as a prosecution witness in the trial of the Founder of the bank, William Ato Essien, and three others who have been accused of collapsing the bank. Mr Ashiagbor and Mr Eric Nana Nipah, both Directors […]
Cedi performance in first half of the year is the best since 2014– Dr. Ebenezer Ashley
Economist and Business Consultant, Dr. Ebenezer Ashley has indicated that the Ghana cedi has recorded its all-time best performance for the first half of 2020 than the first six months of any year since 2012 against the U.S dollar. Dr. Ashley made these observations in an interview with our reporter on the current developments in […]
CASH VIDEO: Gold dealership firm says cash legitimately withdrawn from bank for payments
Gold dealership firm, Brenley Quartz Company Limited, says the video that has gone viral showing a group of young men arranging bulk cash at a premises, was filmed in their office premises about three months ago and that it had nothing to do with government or any government official. According to the official website of […]
Fluctuating oil prices put indigenous OMCs, BDCs in peril
Price fluctuations in global crude and refined product prices are taking a heavy toll on Ghana’s downstream markets, resulting in Bulk Oil Distributors losing millions of dollars and throwing many indigenous Oil Marketing Companies out of business. Out of the 130 oil marketing companies operating in the country, 50 – according to estimates – are […]
COVID-19: Zoom wins big, posts US$328.3m in revenue just in 1Q 2020 – IT Expert
Mr Philemon Kwame Ankomah, Chief Information Security Officer with the Bank of Africa has revealed that Zoom conferencing has been the biggest winner following the outbreak of the coronavirus pandemic across the globe. He said the pandemic has forced almost everybody to conduct meetings and business engagements via online platforms such as Zoom. He revealed […]
1D1F can’t be truncated; let’s win 2020 polls to complete them – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has urged all Ghanaians to vote for him and the New Patriotic Party (NPP) in this year’s presidential and parliamentary elections to enable his government continue the development of the country. He said projects such as the One District One Factory (1D1F) initiative and the ongoing road projects, are likely to be truncated if […]
Online drivers kick against new fees
The Online Drivers Union of Ghana (ODUG) has petitioned President Akufo-Addo over new levies introduced by the Ministry of Transport and the Driver and Vehicle Licensing Authority. From 30 June 2020, drivers who operate ride-hailing applications such as Bolt, Uber and Yango will pay GHC40 for the “verification and authentication” of their driver’s licence, another […]