Author: Benjamin Aklama
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Ghana to have first National E-Pharmacy in sub-Saharan Africa – Bawumia
Ghana is set to become the first country in sub-Saharan Africa to have a national scale E-Pharmacy and one of only a few countries in the world with a national scale E-pharmacy, the Vice President, Dr Mahamudu Bawumia, has disclosed. This would involve the digitization of pharmacies across the country and enable consumers to have…
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Facebook to end use of facial recognition software
Facebook has announced it will no longer use facial-recognition software to identify faces in photographs and videos. There have been growing concerns about the ethics of facial recognition technology, with questions raised over privacy, racial bias, and accuracy. Regulators had not yet provided a clear set of rules over how it should be used, the…
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GH¢2M package for traders affected by Makola fire to be disbursed soon – Government
Government is set to disburse an amount of GH¢2,029,000 as support for the 98 traders who were recently affected by the fire that gutted a three-story building at Makola in Accra. On July 5, 2021, fire gutted a three-story building known as the Hong Kong Building at the Makola Market, destroying over fifty shops. It…
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Government to rollout GH¢1 billion Job initiative – Baffour Awuah
The Government of Ghana is to roll out a GH¢1 billion inter-ministerial job creation initiative between now and 2024. One million jobs are to be created under the initiative, which also seeks to strengthen the coordination of job creation efforts across the sectors of the economy. Mr Ignatius Baffour Awuah, the Minister for Employment and…
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Chifeng Jilong Gold to acquire Golden Star for US$470 Million
Ghana-focused miner Golden Star Resources says China’s Chifeng Jilong Gold Mining has agreed to purchase all of the company’s shares for a total of $470 million in cash. The Transaction will be consummated through Chifeng’s majority-controlled subsidiary, Chijin International (Hong Kong) Limited. In a statement, Golden Star CEO Andrew Wray said the deal would help…
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Registrar-General cautions public against activities of fraudsters
The Registrar-General’s Department has cautioned the public to be wary of fraudsters who use the name of the Department to solicit money from unsuspecting clients. The Department, in a statement issued, said its attention had been drawn to several complaints of fraudulent activities and scamming schemes by criminals on unsuspecting clients of the Department. It…
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ECG will champion customer satisfaction and project implementation – MD
In their quest to ensure customers are delighted, the Electricity Company of Ghana Limited (ECG) has pledged to prioritise customer satisfaction and project implementation. “As a customer-focused organisation, one of our key success indicators is a satisfied customer base. Therefore, we are passionate about constantly improving our customer services to ensure that our customers are…
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Africa must hasten slowly in discarding hydrocarbons – Dr. Amin Adam
A deputy Energy Minister, Dr. Mohammed Amin Adam, says African countries ought to exercise some patience in adopting cleaner sources of energy. According to the Energy And Petroleum Economist, the recent energy crisis in Europe should be clue enough that no economy can depend solely on the “so-called cleaner sources of energy”. Dr. Amin Adam…
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![Real Estate Development 101; Dealing with the Menace of Squatters [Article]](https://citibusinessnews.com/wp-content/uploads/2021/10/WhatsApp-Image-2021-10-18-at-13.10.53.jpeg)
Real Estate Development 101; Dealing with the Menace of Squatters [Article]
In all my years of experience, dealing with squatters is one of the phenomena that I dread. It can be a very difficult, slow and tortuous experience that can mess up your investment. It can throw your project schedule out of gear and incur unnecessary costs that are painful to pay. Interestingly, this experience is…
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Ghana ranked best investment destination in West Africa, 6th best in Africa by Rand Merchant Bank
Ghana has been ranked the most attractive West African investment destination by the Rand Merchant Bank, beating Nigeria which is the largest Economy in the subregion. The report also shows Ghana as the 6th best investment destination in Africa. Ghana scored 5.54 while Egypt which the report describes as the most attractive investment destination in…