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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Old Mutual celebrates 177th anniversary globally, 10 years in Ghana

    Gov’t expenditure needs to be checked to help deal with inflation – ICAG

    Take control of financing on the continent – Ofori-Atta to AfDB

    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

    Gold exports push Ghana’s trade surplus to $1.3 billion in April

    Value of MoMo transactions decrease by 3% between March and April 2022

    Inflation rate likely to drop to single digits in 2023 – Dr. Ernest Addison

    Monetary Policy Rate increased again by 200 basis points; now at 19%

    Government partners private companies to mine abandoned iron ore in Oti Region

    Manufacture of petroleum products push PPI to 31.2% in April

    Nigeria begins processes to join Ghana-Côte d’Ivoire Cocoa Initiative

    Victor Yaw Asante, FBNBank Ghana MD

    Banks will continue to innovate to meet customers’ expectations – FBNBank’s MD

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    Government to invest heavily in internet safety – Ursula pledges

    Ho Node Hub rebrands as Node Eight

    Elon Musk strikes deal to buy Twitter for $44bn

    Block chain’s success will depend on supportive policy environment – Prof. Quaynor

    1.5% E-Levy rate will negatively impact GH¢6.9 billion target – Prof. Quartey

    Transactions to be affected by E-levy

    Bethniel Finance emerges winner in Innovation Challenge Program

    Taxing of non-resident e-commerce entities in Ghana could push prices up – Technology Consultant

    BoG cautions against fraudulent money-doubling scheme ‘BitCash Currency Exchange’

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    Stringent measures needed to deal with illicit financial transactions in Africa – Akufo-Addo

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    We’ll avert any looming food crisis with effective planning – AfDB Boss

    Standard of cars assembled in Ghana will not be compromised – GSA assures

    GUTA urges gov’t to get other countries to open their borders to facilitate trade

    Kyle Kelhofer appointed as IFC Senior Country Manager for Benin, Ghana, Liberia, Sierra Leone, and Togo

    Greater, more diverse participation in global trade is key to achieving Africa’s economic transformation – World Bank

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Black Friday deals pick up at retail shops in Accra

bycitibusinessnews
November 25, 2016
in Local Economy, Top Stories
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Retail shops across the capital are cashing in quick from purchases on Black Friday.

Though the numbers are just picking up at some centres citibusinessnews.com has visited, patrons as well as shop owners are highly expectant of increased purchases.

Citi Business News’ Anita Arthur reports from the Achimota Retail Centre that customers are trooping in to cash in on the opportunity.

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“I didn’t know about it until I got here. But I am really going to seize the opportunity to shop as much as I can,” one customer said.

“I only got to know about Black Friday yesterday when my wife informed me about it, so we came here to take advantage of the situation and meet all our shopping needs at home,” another observed.

retail-1

Meanwhile the Managing Director for Jet Store, Francis Duker also tells citibusinessnews.com he is highly confident the two day extension period, will draw more customers around.

“We are actually running fifty percent marked down on all it is going to run from Friday till Sunday so we are expecting that sales increase within the period,” he remarked.

Reports however indicated that some of the shops delayed in opening for business despite displaying notices of huge discount sales for customers.

Earlier, the Managing Director for Jumia Travel, Claire Staal told citibusinessnews.com her outfit is expecting revenue to increase by over 60 percent.

According to her, the discounts provided are up as much as 90 percent.

retail-3

Meanwhile the CEO of Zoobashop, Albert Biga whose company has adopted the local term, Jara weekend campaign, dismissed reports that the Black Friday campaign would be affected by assertions of impulse buying.

“Not at all…this is a fantastic time to buy presents for the festive season as you may not get the high discounts anytime again,” he noted.

For his part, the Managing Director of tisu.com.gh, Albert Boateng attributed the extension by three to five days, to consumer requests.

–

By: Anita Arthur/Pius Amihere Eduku/citibusinessnews.com/Ghana

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