Business Opinion

3 Ways to Make Personalized Email Marketing Work For You

Admin Editor April 8, 2020 20 0

…if you know how to use it. Not only does it deliver the highest ROI of any other marketing method, it’s also 40x more effective than social media in customer acquisition. Rapid innovations in digital technology mean that email marketing is continually evolving, and methods that worked even a Read More

Business

Coronavirus: Ofori-Atta advocates debt relief from China

Admin Editor April 8, 2020 29 0

The Finance Minister, Ken Ofori-Atta, has urged China to help ease the debt burden of African countries expected to struggle with the economic impact of the coronavirus pandemic. He has already indicated that the cumulative effect of the novel coronavirus pandemic will cost Ghana GHS9.505 billion. Speaking to a US-based think-tank, the Center for Global […]Read More

Business

How to seize initiative in an increasingly digitalised world

Admin Editor April 8, 2020 19 0

“In a rapidly changing world, change or die. Reinvent or die. The emerging trends tend to disqualify people who are not ready to reinvent themselves. If you are not moving in tandem with the world, then you will be totally extinct.” These were the words of Reverend Albert Ocran on Your Virtual University last Sunday […]Read More

Business

Standard Chartered commits $1bn to finance companies helping to tackle COVID-19

Admin Editor April 7, 2020 51 0

Standard Chartered has announced that it will commit USD1 billion of financing for companies that provide goods and services to help the fight against COVID-19, and those planning the switch into making products that are in high demand to fight the global pandemic. Companies in scope include all those associated with helping to tackle COVID-19, […]Read More

Business

WhatsApp restricts sharing of ‘bogus’ COVID-19 messages

Admin Editor April 7, 2020 44 0

Facebook Inc’s WhatsApp has restricted users to sharing forwarded content one chat at a time after a jump in messages touting bogus medical advice since the start of the coronavirus crisis. The pandemic, which has killed more than 70,000 people worldwide, has been accompanied by what the World Health Organization (WHO) has called an “infodemic” […]Read More

Business

COVID-19: Using Heritage Fund’ll not solve Ghana’s problems – ACEP to gov’t

Admin Editor April 7, 2020 42 0

The African Centre for Energy Policy (ACEP) says Ghana’s Heritage fund will not solve the country’s problems if spent today. According to the energy think tank, the discipline to save for the future is a difficult one but must be encouraged and sustained. “Spending the heritage fund today is akin to telling citizens to go […]Read More

Business

Nana Addo announces three months tax holiday for health workers

Admin Editor April 6, 2020 102 0

President Nana Akufo-Addo has announced a tax holiday for health workers in the country for the next three months beginning April 2020. The President made this known during his fifth national address today, Sunday, April 5, 2020, where he updated Ghanaians on the fight against the spread of the novel Coronavirus disease in the country. […]Read More

Business

Cut electricity tariff – CUTS Ghana urges PURC

Admin Editor April 5, 2020 73 0

CUTS Ghana, a research and public policy think tank, has called on the Public Utilities Regulatory Commission (PURC) to review electricity tariffs for all classes of electricity consumers. Mr Appiah Kusi Adomako, the Country Director of CUTS Ghana, said in a statement that currently, the cost of energy supply is going down across the world, […]Read More

Business

NPA dismisses LPG marketers’ arguments of overburdening consumers

Admin Editor April 5, 2020 66 0

The National Petroleum Authority has dismissed arguments by the Liquified Petroleum Gas Marketing Companies Association of Ghana that the introduction of the Cylinder Recovery Levy will increase the cost of LPG. The Liquified Petroleum Gas Marketing Companies Association of Ghana, in a statement, called on the NPA to withdraw the new levy immediately, and further […]Read More

Business

Kempinski denies layoff reports

Admin Editor April 5, 2020 70 0

Kempinski Hotel Gold Coast City Accra has dismissed reports that it is planning to lay off 85% of its employees amid the coronavirus pandemic. Following the suspension of some employees of hotels, particularly contract workers, reports indicated that the 5-star hotel was going to sack majority of its employees because business has drastically gone down. […]Read More

Business

Oil prices surge as OPEC calls for emergency meeting Monday

Admin Editor April 5, 2020 66 0

OPEC will meet on Monday with Russia and other oil producers in the hope of agreeing supply cuts and ending a brutal price war. The meeting, called by Saudi Arabia, will be held via video conference and will include oil producers from outside the OPEC+ alliance that includes Russia and a few other countries, two senior […]Read More

Business

Oil prices surge as OPEC calls for emergency meeting Monday

Admin Editor April 4, 2020 109 0

OPEC will meet on Monday with Russia and other oil producers in the hope of agreeing supply cuts and ending a brutal price war. The meeting, called by Saudi Arabia, will be held via video conference and will include oil producers from outside the OPEC+ alliance that includes Russia and a few other countries, two senior […]Read More

Business

COPEC threatens to sue NPA over introduction of new levy on LPG

Admin Editor April 3, 2020 127 0

The Chamber of Petroleum Consumers (COPEC) has threatened legal action against the National Petroleum Authority (NPA) over the introduction of a new levy on Liquefied Petroleum Gas (LPG). The NPA in a circular to industry players directed them to start charging 13.5 pesewas on each kilogram of LPG from April 1. The NPA is also […]Read More

Business

Karpowership Ghana donates ¢300K to Covid-19 National Trust Fund

Admin Editor April 3, 2020 125 0

Karpowership Ghana Company Limited has made a contribution of ¢300,000 to the Covid-19 National Trust Fund. This is in supporting efforts of government to combat the spread of the coronavirus in the country. President Akufo–Addo over the weekend announced the setting up of the crucial trust fund that would be used to combat the outbreak […]Read More

Business

No layoffs over coronavirus crisis – Ghana Employers Association

Admin Editor April 3, 2020 224 0

The Ghana Employers Association has said it does not expect its members to lay off workers to mitigate the impact of the coronavirus pandemic on their bottom line. Chief Executive of the Association, Alex Frimpong, however, said this is heavily dependent on ongoing discussions between the Associaton and the government on ways of making staff […]Read More

Business

World Bank supports Ghana’s COVID-19 fight with $100m

Admin Editor April 3, 2020 96 0

The World Bank is providing $100 million to Ghana to assist the country in tackling the COVID-19 pandemic. This $100 million will be made available to the government as short, medium and long-term support. This financing package includes $35 million in emergency support to help the country provide improved response systems. Under this emergency package, […]Read More

Business

Introduction of new levy on LPG very unfortunate – LPG Marketers Association

Admin Editor April 3, 2020 82 0

The Vice-Chairman of the LPG Marketers Association of Ghana, Gabriel Kumi, has described as unfortunate the introduction of the Cylinder Recirculation Recovery Margin introduced by the National Petroleum Authority (NPA) on liquified petroleum gas. LPG operators have been asked by the NPA to start charging 13.5 pesewas on each kilogram of LPG. According to the […]Read More

Business

COVID-19: Avoid unnecessary video calls, limit browsing – Telcos Chamber to public

Admin Editor April 3, 2020 89 0

The Telecommunications Chamber is urging Ghanaians to be guided by the way they use mobile internet data as they stay home in compliance to lockdown directives due to the COVID-19 outbreak. Among other specific appeals, the Chamber said citizens must avoid unnecessary video calls and also limit the amount of data they use within digital […]Read More

Business World

Creativity! Engineers turn snorkelling masks into respirators to fight Covid-19

Admin Editor April 2, 2020 165 0

 Moroccan engineers have said they will convert Decathlon snorkelling masks into respirators to assist those infected by the novel coronavirus, reports online news publication the North Africa Post. A group of engineers made the announcement via a Facebook post on Wednesday. Since the outbreak of Covid-19, Morocco has ordered 550 ventilators to be distributed as […]Read More

Business

Coronavirus: Aayalolo operations suspended temporarily over losses

Admin Editor April 2, 2020 113 0

The Greater Accra Passenger Transport Executive (GAPTE) has temporarily grounded its Aayalolo buses due to losses it has been incurring following the social distancing protocols announced by the President and subsequent partial lockdown of Accra. Accra, Kumasi, Kasoa and Tema are currently four days into a two-week partial lockdown because of the novel coronavirus Read More

Business

COVID-19: British Airways to suspend 36,000 employees

Admin Editor April 2, 2020 88 0

British Airways will today suspend around 36,000 of its 45,000 staff as coronavirus left the airline on its knees. The airline has reached a broad deal with the Unite union that will include the suspension of 80 per cent of its cabin crew, ground staff, engineers and those working at the head office in Harmondsworth, near Heathrow. […]Read More

Business

COVID-19: Tobinco boss calls for total lockdown

Admin Editor April 1, 2020 109 0

The Chairman of the Tobinco Group of Companies, Nana Amo Tobbin I, has called for a total lockdown of Ghana in fighting the coronavirus pandemic in the country. He told Atinka TV’s ‘COVID-19 – The Impact’ programme, which airs on Tuesdays and Thursdays between 5 pm and 6 pm, that even though the government deserves […]Read More

Business

Cedi ends Q1-20 1.77% up against dollar amid COVID-19

Admin Editor April 1, 2020 122 0

The cedi ended the first quarter of 2020 with an appreciation of about 1.77% in value to the US dollar. The performance of the cedi was attributed largely to the Bank of Ghana’s Forward Forex Auction and the COVID-19 pandemic that has resulted in low imports within quarter one of this year. However, the local […]Read More

Business

Cut down ‘over bloated’ gov’t – Steve Manteaw offers alternative to Heritage Fund

Admin Editor April 1, 2020 113 0

An outspoken expert on revenue management in the extractive sector has joined the many voices kicking against government’s plan to draw from the Heritage Fund to mitigate the economic impact of the coronavirus pandemic. Dr Steve Manteaw, currently a co-chair of the Ghana Extractive Industries Transparency Initiative (GHEITI), said although government is faced with a […]Read More

Business

Fuel to go down 24%

Admin Editor March 31, 2020 156 0

The Institute for Energy Security (IES) is forecasting between 16 and 24% drop in the price of fuel on the local market in the first Pricing-window for April 2020. This is due to the significant fall of 33.36% in the price of Brent crude, coupled with the considerable drop in the prices of petrol (51.29%) […]Read More

Business

GSE grants approval to 6 firms to submit financial statements later

Admin Editor March 31, 2020 121 0

The Ghana Stock Exchange has granted approval to six companies for an extension in the deadline for the submission of their 2019 audited financial statements. The firms are Enterprise Group Limited, Intravenous Infusions Limited, Fan Milk Limited, Total Ghana Limited, Aluworks Limited and GOIL Company Limited. The GSE has, therefore, granted the firms new deadline […]Read More

Business

StanChart Ghana appoints Yvonne Gyebi as Retail Banking Head

Admin Editor March 31, 2020 114 0

Yvonne Gyebi has been appointed as Head, Retail Banking for Standard Chartered. She will be the leader in the strategic business growth agenda for the retail business of the bank. CEO Standard Chartered Bank Ghana Limited, Mansa Nettey, said: “I am glad to welcome Yvonne to the Management Team. She is joining at a pivotal […]Read More

Business

Coronavirus lockdown: Freight forwarders challenge directive to get temporary pass

Admin Editor March 31, 2020 135 0

Freight forwarders at the Tema Port are unhappy with a new directive from the Customs Division of the Ghana Revenue Authority (GRA) asking them to get a temporary pass to enable them to have access to the Port to clear their goods. The temporary pass, according to customs, is to check freight forwarders and avert […]Read More

Business

Effect of Covid-19 on Ghana’s Economy grim but… – Finance Minister

Admin Editor March 31, 2020 123 0

Finance Minister Ken Ofori-Atta says the impact of the ravaging coronavirus pandemic on Ghana’s economy looks grim, however bold measures must be taken for desired mitigation. While updating Parliament Monday on the potential economic impact of the coronavirus on the economy and the measures government is taking to mitigate the impact, Ken Ofori-Atta said “preliminary […]Read More

Business Opinion

Why locking your mortgage rate won’t box you in

Admin Editor March 31, 2020 266 0

If you’re applying for a mortgage or refinancing a current loan, one of the steps you’ll take is “locking” your rate. While that may seem final, the truth is you’ll still have flexibility when it comes to your loan, even after you’ve locked. What is a rate lock and why should you do it? Interest […]Read More