Business

Parliament has ratified Obuasi Agreement – AngloGold Ashanti

Ama Serwaa June 23, 2018 11 0

AngloGold Ashanti is pleased to announce that the Parliament of Ghana yesterday ratified the regulatory and fiscal agreements that cover the redevelopment of the Obuasi Gold Mine into a modern, productive mining operation. The ratification of the Development Agreement and the Tax Concession Read More

Business

Mobile money outstrips cheques in non-cash retail payments

Kwabena Nyame June 23, 2018 8 0

The Head of Payment Systems at the BoG, Dr Setor Amediku, said the strong appetite for mobile money usage was “a good development” that could help reduce fraud associated with cheque usage. “Cheques are associated with a lot of fraud; so if our people can use mobile money to make payments instead of cheques, it […]Read More

Business

MTN Ghana ends 21 Days of Y’ello Care

Kwabena Nyame June 23, 2018 3 0

MTN-Ghana on Thursday climaxed its 21 days of Y’ello Care – a staff volunteering programme, with career guidance and counselling of students from Ashaiman, Osu Salem, Accra High and Kinbu Secondary Technical Schools. The programme is held annually in all the 21 operating companies within the MTN Group. It forms part of efforts to support […]Read More

Business

GPHA staff unions apologize to Mac Manu

Ama Serwaa June 22, 2018 14 0

The four senior and junior Local Unions of Ghana Ports and Harbours Authority (GPHA) that leveled allegations of financial impropriety, conflict of interest and procurement deals against Mr Peter Mac Manu, the Chairman of the Board of Directors of GPHA in a Press Conference organized by the unions in Takoradi have withdrawn the allegations and […]Read More

Business

Mobile money ‘interoperability’ transactions hit nearly 100, 000

Ama Serwaa June 22, 2018 27 0

Some 96, 904 cross-network mobile money transactions took place in the first month of the launch of mobile money interoperability. The transactions are valued at over 8.3 million Ghana Cedis. These transactions are limited to transfers from mobile money wallet to another, according to a report on the first month performance of the mobile money […]Read More

Business

US Commerce secretary visits Ghana, Kenya

Kwabena Nyame June 22, 2018 12 0

US Secretary of Commerce Wilbur Ross is expected to lead a delegation from the President’s Advisory Council on Doing Business in Africa (PAC-DBIA) on a fact-finding mission to Ghana later this month. Under Secretary of Commerce for International Trade, Gilbert Kaplan, will head the delegation on stops in Ethiopia, Kenya and Côte d’Ivoire, as well […]Read More

Business

British Airways heeds to demand for quality service in Ghana

Kwabena Nyame June 22, 2018 14 0

British Airways has announced a series of changes to its Ghana operations which are aimed at improving its service delivery within the country. The airline company says the decision also follows the important nature of the Ghanaian market, the Accra-London routes. British Airways has received heavy backlash from its Ghanaian passengers for quite a number […]Read More

Business

Business has gone down drastically under NPP government – Ayariga

Kwabena Nyame June 21, 2018 116 0

Founder of All People’s Congress, Hassan Ayariga has criticized the Akufo-Addo government for the poor state of the economy which is taking a negative toll on businesses. The embattled politician who is an ardent critic of the NPP noted that the confidence Ghanaians had in the ruling party is no more as their hopes have […]Read More

Business

Trade Minister answers questions on 1D1F in Parliament

Kwabena Nyame June 21, 2018 12 0

Ghana’s Minister of Trade and Industry, Alan John Kwadwo Kyerematen says three hundred and twenty-nine (329) proposals have been successfully screened for the construction of factories under the One-District-One-Factory programme. Answering questions from the Minority in Parliament on how many factories had been established so far, Mr. Kyerematen said his Ministry Read More

Business

Market sentiments remained bearish

Kwabena Nyame June 20, 2018 17 0

Market sentiments remained bearish for May as the Ghana Stock Exchange (GSE) – Composite Index failed to find support at the 3,400 levels. The benchmark index closed the May transactions at 3,167.5 points. According to Nordea Capital Investment Stock expert review of the May trading, made available to Ghana News Agency in Accra, the news […]Read More