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Business

Business

Alan courts Turkish manufacturing giants to Ghana

Barring any unforeseeable challenge, Ghana will soon see some Turkish manufacturing giants, especially, those in the garment and textiles industry; establish their presence in the West African country complement those already in business. This follows a series of successful sideline meetings of the Turkey-Africa Economic and Business Forum between a Ghanaian delegation of Read More
Business

Oil prices drop

Oil prices fell on Tuesday [October 10, 2018] following the IMF’s downward review of the global economic growth forecasts. Reuters however reports that markets were supported as Hurricane Michael closed nearly 40 percent of U.S. Gulf of Mexico oil output and U.S. sanctions restricted Iranian exports. The Fund reduced the global economic growth from 3.9 […]Read More
Business General

You have 4 weeks to pay our 50% returns or else … – Aggrieved Menzgold clients

A group calling itself ‘Aggrieved Customers of gold dealership company, Menzgold, has given the company a four-week ultimatum to pay 50% principal investments of all customers. The group made this known at a press conference to drum home their demands following the refusal of the company to honor contract obligations of paying them their investment […]Read More
Business

UT Life Insurance re-branded

UT Life Insurance has announced a comprehensive corporate re-branding consisting of a new corporate brand name, a new identity, slogan and a renewed focus. The company revealed its new name, miLife Insurance, along with its new slogan; Live More. With a singular focus of positioning the customer at the heart of the business by making […]Read More
Business

GNCCI warns government over collapsed companies

The Ghana National Chamber of Commerce and Industry (GNCCI) has reiterated calls for government to solve the numerous challenges facing business associations in the country. The GNCCI has described the current business environment as tough, expressing fears that companies may soon shut down if government fails to address issues such as high interest rates on […]Read More
Business

We’re not collapsing – Prudential Bank

The management of Prudential Bank Limited has asked its customers to disregard information making the rounds on social media that it is “dying”, and, so, they should “rush to withdraw their funds”. “The management of Prudential Bank Limited is assuring customers that the publications are totally false and should be ignored. They are mere fabrications […]Read More
Business General

Menzgold rejects Ponzi scheme tag

The Head of Communications at gold trading firm, Menzgold, Nii Armah Amarteifio, has urged the company’s customers to disregard claims that it is operating a Ponzi scheme. According to him, the company does not solely rely on investments from new clients to pay the matured returns of existing ones, as they’re engaged in other ventures […]Read More
Business

Omama Royal Chocolate launched in Ghana

Ghana is set to experience her first locally and internationally accepted 100% Premium Ghana Cocoa chocolate with the launch of Omama Royal Chocolate on Friday 5th October, 2018 at the Trade Fair Centre. The event which was attended by key stakeholders in the Trade and Industry sector as well as media practitioners saw love and […]Read More
Business

Ghana ready to transmit energy across West Africa

Ghana currently has adequate capacity for cross border transmission of energy to neighbouring countries. This is because the implementation of regional projects, including the 225kv Bolgatanga-Ouagadougou Interconnection, which would allow for the export of power from Ghana to Burkina Faso, to serve the purpose of the creation of the West African Power Pool, the Minister Read More
Business

Menzgold scraps dividends

Embattled gold dealership firm, Menzgold Ghana Limited, says it has reached an agreement with its customers to scrap the payment of dividends to them. The agreement is said to have been reached at a crunch meeting between Menzgold, customers and stakeholders on October 7, 2018 at Korkdam Hotel. According to information gathered by DAILY GUIDE, […]Read More
Business

PIAC condemns misuse of gov’t funds

Dr Steve Manteaw, Chairman of Public Interest and Accountability Committee (PIAC), has bemoaned the misappropriation of funds allocated by government for developmental projects. Dr Manteaw said the misappropriation of state funds, non-existent projects, non-judicious use of funds were some issues that impede the development of Ghana. He said in 2017, government allocated Read More