Author: Ebenezer Afanyi Dadzie
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ShopRite to exit Nigerian market after 15 years
South Africa’s grocery retailer ShopRite is leaving Africa’s biggest market, Nigeria, 15 years after it opened shop in the West African country. The announcement by ShopRite came months after another South African brand, Mr. Price, exited the market. International supermarkets (excluding Nigeria) contributed 11.6% to group sales and reported 1.4% decline in sales from 2018.…
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Pay IPPs; consider renewable energy to reduce cost – IES to Gov’t
The Institute for Energy Security, IES, wants government to provide at least half of the $1.4 billion dollars owed Independent Power Producers to curtail a possible shutdown of their plants. Executive Director of the Institute, Nana Amoasi the 7th, says there would be dire consequences for power supply in the country if the IPPs carry…
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Standard Chartered Bank Ghana Limited records highest percentage growth in 5-years
Standard Chartered Bank Ghana Limited, has on Wednesday, July 29, 2020, held its 2019 Annual General Meeting on the backdrop of being awarded Africa’s Best Bank for Transformation at the prestigious Euromoney Awards for Excellence 2020 that recognized the top financial institutions in banking and capital markets globally. Standard Chartered Bank Ghana Limited was lauded…
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COVID-19: Newmont Ghana signs MoU with KCCR to offer support worth GHS3M
Newmont Ghana has signed a Memorandum of Understanding (MoU) with the Kumasi Centre for Collaborative Research in Tropical Medicine (KCCR) to support the nation’s fight against the COVID-19 pandemic. Under the MoU, Newmont Ghana will procure PCR equipment, ancillary equipment, reagents and other consumables to augment the capacity of KCCR to scale up its testing.…
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Parliament approves government’s GHS11.8bn Supplementary budget
Parliament has approved government’s request for 11.8 billion Ghana cedis in supplementary estimates for the 2020 financial year. The request was tabled before the House last week Thursday by the Finance Minister, Ken Ofori-Atta. Government says the amount is needed to support its expenditure for the rest of the year particularly due to the economic…
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All-new Huawei Y8p, Ace in smartphones launched in Ghana
Huawei has launched its newest smartphone the HUAWEI Y8p, a newcomer to the HUAWEI Y Series with a 6.3-inch OLED Dewdrop display. Specifically designed to be stylish and practical, HUAWEI Y8p adopts a multi-purpose 48MP AI Triple camera with a solid performance of 6GB RAM and 128GB storage and an ultra slim and lightweight design.…
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Step up your social media game with the new Huawei nova 7i and its 48MP AI Quad Camera
Today’s social media is heavily focused on pictures and videos, which can be alarming if you want to step up your social media profile and photography is not your strong suite. Sure, you can invest in a professional camera setup, but that’s going to cost you a lot and it can be a little too…
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Transport fares reduced by 10% effective August 1
Transport fares have been reduced by 10% effective Saturday August 1, 2020. This leaves only 5% of the 15% increment which will take effect from August 1. The decision was taken after a meeting between transport operators and the Ministry of Transport. On July 7, 2020, government approved a 15% hike in transport fares to…
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A Dishonest Employee or Customer; A Major Threat To A Start-up Business
According to Claude Grunitzky, a renowned Global media entrepreneur, regardless of your business idea, the entrepreneur must ask him or herself, “what is the single necessary and sufficient condition for a business?” It is not a product, a technology, a customer need, a business plan, a vision, a strong team, investors, or competitive advantage. While…
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La Palm Royal Beach Hotel staff resume work after assurances over unpaid salaries
Disgruntled employees of the La Palm Royal Beach Hotel in Accra, on Monday, July 27, agreed to resume work after protesting against management over poor conditions of service and unpaid salaries. The workers arrived at the decision after a two-hour long meeting between executives of the Industrial Workers Union of the Trades Union Congress, members…