Chairman of Groupe Nduom, Dr. Papa Kwesi Nduom is questioning why no indigenous Ghanaian Bank has been able to cross boundary and establish in other African Countries or the UK, Europe or Asia. He is also worried that government seems to enjoy closing down distressed Ghanaian businesses rather than helping them overcome their challenges. Dr. […]
Category: Business
MTN launches Twin CityFest, promises an exciting 2019 with roll out of 4G plus
Mobile Telecommunications giant MTN has launched the 2019 edition of Twin CityFest in the Western Regional Capital of Takoradi. The launch coincides with the launch of other regional festivals across the country in the various regions and has been a prominent feature in the calendar of Ghana’s number one telecommunications company since 2011. In his […]
If hotels, landlords, ports and gov’t agencies quote their rates in dollars, why are we surprised about the fall of the cedi-KSM
Satirist and actor, Kwaku Sintim-Misa popularly known as KSM is blaming the free fall of the local currency, the cedi to the dollarization of the Ghanaian economy. According to him, the mere fact that almost every important service provided in the country is quoted in dollars is reason enough for the dollar to remain superior […]
We are sorry for power outages, we have resolved all the issues-GRIDCO assures Ghanaians
The Ghana Grid Company Limited (GRIDCO) has assured the generality of the Ghanaian people that they have resolved the challenges that caused the power outages in some parts of the country. A statement issued by the company and signed by Albert Kwesi Quainoo, the Head of Public Relations apologized for the outages which have gotten […]
MTN and DEXT donates science equipment to schools in Eastern Region
The Mobile Telecommunications Network (MTN) in collaboration with DEXT Science Set has presented 145 Science equipment to various schools in the Eastern Region. The schools include the Lower Manya Krobo – Odumasi Kojonya Millennium Presby Kindergarten and primary schools as well as the Asikusu Methodist Basic School all in the upper West Akim District of […]
GRA commissioner-General, other commissioners still at post, ignore reports about their dismissal-GRA clarifies
The Ghana Revenue Authority has denied that its top Management, encapsulating the Commissioner-General and two other commissioners have been fired from office. Rumour was rife in media circles that Mr. Emmanuel Kofi Nti the Commissioner-General together with the Commissioner of the Customs Division of the Ghana Revenue Authority and the commissioner of the Domestic Tax […]
Ethiopia calls for increased trade with Ghana ahead of trade facilitation conference in Addis Ababa
The Addis Ababa Chamber of Commerce says it is looking forward to revitalize trade relations between Ghana and Ethiopia as two countries who have historically engaged in commercial partnerships. The President of the Addis Ababa Chamber of Commerce, Mesenbet Shenkute said this when she led a delegation to the Ghana Ports and Harbours Authority ahead […]
Bawumia unveils 10-point business reform plan to remove bottlenecks in doing
Vice-President Dr Mahamudu Bawumia has announced 10 critical policy measures by various Ministries, Departments and Agencies to improve the country’s business environment. A multi-sectoral technical team across government agencies presented the ambitious business reform plan to key stakeholders in Accra yesterday. The reforms cover starting a business, obtaining construction permits, getting electricity, trading across borders, […]
DVLA to license all earth moving equipment including bulldozers and excavators, owners directed to comply or face the law
The Driver and Vehicle Licensing Authority (DVLA) will commence the licensing of all earth moving equipment including bulldozers and excavators among others in the country. The move is aimed at sanitizing and streamlining mining operations in Ghana. To this end, the Ministry of Transport has issued a directive to owners of such equipment to license […]
Government announces 10 measures to make Ghana an easier place to do business
The Vice President of the Republic, Dr. Mahamudu Bawumia has announced 10 measures introduced by various Ministries, Departments and Agencies over the past nine months in an effort to improve the country’s business environment. A multisectoral technical team from across Government agencies presented the ambitious business reform plan to key stakeholders at Labadi Beach Hotel. […]
Cylinder Recirculation Model to create 4,500 jobs, first bottling plant to begin operations this year
The implementation of the Cylinder Recirculation Model (CRM) is expected to create not less than 4,500 jobs, the National Petroleum Authority has indicated. With the first bottling plant expected to be operational this year, the CRM will provide opportunities for new players to join the value chain in the distribution of LPG in the country, […]
EU clears Ghana from ‘dirty money’ blacklist, Member states unanimously reject proposal by Executive Commission to blacklist Ghana and 22 others
European Union (EU) member states have unanimously rejected a proposal by the EU Executive Commission (EC) to blacklist 23 countries, including Ghana and territories, it believes pose a high risk of money laundering or terrorist financing. According to the EC, the countries were placed on the blacklist for having strategic deficiencies in their anti-money laundering […]