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Business

Business General

I don’t have details of 3.8 million jobs NPP govt created – Minister Designate

By Admin Editor 49 0
Former Minister of Employment and Labour Relations, Ignatius Baffour Awuah has told the Appointments Committee of Parliament that he does not readily have the breakdown of some three million, Eight Hundred thousand jobs he had claimed the government of the New Patriotic Party (NPP) created. He however promised to make the details of the jobs […]Continue Reading
Business

I’ll increase road tolls if Parliament approves me – Amoako-Attah hints

By Admin Editor 53 0
Ghanaians are to brace themselves up to pay more for road tolls in the coming days, the Roads and Highways Minister-designate, Kwasi Amoako-Attah, has hinted. Mr. Amoako-Attah strongly insists that increasing the existing road tolls for vehicles in the country is the surest way to meet the demand for rehabilitation, maintenance and possible new constructions […]Continue Reading
Business

Reduce fuel prices to ensure social distancing protocols in commercial cars – gov’t told

By Admin Editor 59 0
Reduce fuel prices to ensure the observation of social distancing protocols in commercial vehicles – Hon. Theresa Lardi Awuni to government I am seizing this medium and the opportunity to make this statement on what is undoubtedly a public health and safety issue, especially in ensuring we win the fight against the deadly pandemic that […]Continue Reading
Business

Creativity and Innovation programme to reduce unemployment rate on course

By Admin Editor 53 0
About 6,000 start-ups and unemployed graduates are benefiting from the Mastercard Foundation Africa Works programme dubbed “Innovation, Creativity and Entrepreneurship” with the National Board for Small Scale Industries. The training is expected to help the beneficiary start-ups to gain some advance knowledge on building a business and also get them exposed to the current Continue Reading
Business

The crucial role of network slicing in realising full potential of 5G

By Admin Editor 49 0
The digital era has the potential to transform industry and society, and with the introduction of 5G around the world, countless new business models have become a possibility. New-generation technology and services come with their unique connectivity and performance-related challenges. So, communication service providers (CSP) need efficient and flexible technologies to Continue Reading
Business

Gold Fields ups stake in Peru explorer

By Admin Editor 51 0
Bullion major Gold Fields has invested another C$2.9-million in a Canadian company, which owns copper/gold/silver exploration assets in the Peruvian Andes. Through its Gold Fields Nazca Holdings (GFNH) indirect subsidiary, Gold Fields purchased 5.81-million common shares in TSX-V-listed Chakana Copper at C$0.50 a share, giving it a 19.99% stake. Prior to the private Continue Reading
Business

Ecobank Nigeria announces pricing of its Senior Unsecured $300m bond

By Admin Editor 49 0
Ecobank Nigeria, a wholly-owned subsidiary of leading pan-African banking giant, Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, has announced that it has successfully priced its ¢300 million bond issuance maturing in February 2026. The settlement of the bond to take place on February 16, 2021. The fixed-rate, US dollar-denominated bond, Continue Reading
Business

National Chocolate Week: GTA, partners donate chocolate, PPE to health workers

By Admin Editor 51 0
The Ghana Tourism Authority (GTA), in collaboration with the Cocoa Processing Companies (CPC) and the Ghana Cocoa Board (COCOBOD) has donated chocolates and Cocoa products to the Ghana Medical Association (GMA). Personal Protective Equipment (PPE) and assorted items were also donated to show love and appreciation to frontline health workers for their timely service in […]Continue Reading
Business

Agyapa deal: Timing of Databank’s withdrawal questionable, bid-rigging issues unresolved – CSOs

By Admin Editor 54 0
Civil Society Organizations critical of the Agyapa Royalties deal say Databank’s withdrawal of its services as transaction advisors does not resolve issues of bid-rigging and other alleged improprieties. According to the group, the timing for the development smacks of an attempt to “preempt the discussions” to be possibly put before the Finance Minister-designate, Ken Continue Reading
Business

Pay SSNIT contributions of contract, casual staff – Labour Commission

By Admin Editor 55 0
The Labour Commission has reminded employers to pay the Social Security and National Insurance Trust (SSNIT) packages of their contract staff and casual workers. Failure to honour this, the Commission stated, contravenes the labour law and the employers risked being sanctioned. The Upper East Regional Labour Officer,and Labour Commission, Mr Abdulai Salifu, gave the Continue Reading
Business

Agyapa: Databank withdraws from deal as transaction advisor

By Admin Editor 48 0
Investment and brokerage firm, Databank has served notice to Imara Holding Limited of their decision to withdraw their services as a partner and transaction advisor in the controversial Agyapa royalties deal. Databank and Imara Holding Limited were co-partners and transaction advisors for the Agyapa Gold Royalties Company. According to the Group CEO of Databank, Kojo […]Continue Reading
Business

Chartered Institute of Logistics cites policy imperatives for urgent gov’t action

By Admin Editor 55 0
The Chartered Institute of Logistics and Transport (CILT) Ghana has proposed some policy imperatives needing urgent government policy directives and action. The leading professional body in logistics and transport, CILT Ghana’s proposals span from the rail sector, road, maritime and the country’s air space. According to the institute, these interventions are imperative in Continue Reading
Business Opinion

James Ocquaye: ¢12bn paid for power not used – The cost of NDC’s Pay-or-Take contracts

By Admin Editor 79 0
Ghanaians have enjoyed stable electricity supply since 2017 as opposed to the dreaded ‘dumsor’ they endured from 2011 to 2016. The interesting part is not only has the ingenuity of the managers of the economy kept the lights on at affordable prices, they have miraculously extended power to a segment of Ghanaians since incidence of […]Continue Reading
Business

Huawei asks court to overturn FCC ban

By Admin Editor 54 0
Huawei has asked a court to overturn the Federal Communications Commission’s designation of it as a national security threat. The Chinese telecom argues that the FCC overstepped its authority in December 2020, finalizing a ban supported by former President Donald Trump. “The order on review potentially impacts the financial interests of the telecommunications industry as Continue Reading
Business

SEPA Cyber Technologies announces strategic partnership with Datacell

By Admin Editor 48 0
SEPA Cyber Technologies, a Bulgaria based IT solutions provider has entered into a strategic partnership with Datacell that will potentially enhance business solutions in Ghana. The deal is to ensure improvement in open API banking, financial services, digital transformation and IT innovations in the country. CEO of SEPA Cyber Technologies, Marvin Blazhevski, said the Continue Reading