Author: Ellen Dapaah
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Advertising Association of Ghana President, Torgbor Mensah dies
The President of the Advertising Association of Ghana (AAG), Torgbor Mensah, has died. Mr. Mensah, who is also the Executive Chairman of The Great Argon Holdings, died on Saturday, October 23, 2021, a statement from the company announced. Torgbor Mensah, a graphic designer by profession, and an entrepreneur with over 35 years of experience in…
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Bankers’ Association donates bulletproof vests and helmets to Police Service
The Ghana Association of Bankers has handed 1,000 units of bulletproof vests and 1000 units of ballistic helmets to the Ghana Police Service as part of efforts to ensure the protection of police personnel in the country. This move comes in the wake of several attacks on cash-in-transit operations and citizens within the country. The…
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Guinness Ghana records great performance despite COVID-19 pandemic
Guinness Ghana Breweries Plc has recorded an impressive performance in the first half of 2021, despite the grim outlook of the beverages industry due to the COVID-19 pandemic. Speaking at the company’s Facts Behind the Figures event organized in conjunction with the Ghana Stock Exchange, Finance Director, Teye Mkushi noted, “We have seen our volume…
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Nana Addo commissions Ghana’s largest bulk electricity point at Pokuase
The President, Nana Addo Dankwa Akufo-Addo, has commissioned the Pokuase Bulk Supply Point, a 330/34.5 kilo-volt substation designed to improve the supply and distribution of electricity for consumers in the northern areas of Accra. Funded by the Millennium Challenge Corporation (MCC) to the tune of US$47 million, the Supply Point, according to the President, is…
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Energy Ministry debunks NDC’s claims of 7% fuel price hike
The Energy Ministry is debunking claims that fuel prices have increased by 7 percent at the pumps. This comes on the back of comments by the National Democratic Congress on the recent price increases at a press briefing on Monday, October 18, 2021. Fuel prices went up over the weekend after similar increases in previous…
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Private sector lending will be increased when DGB begins operations – GAB
The Ghana Association of Bankers is confident banks in the country will lend more to the private sector once the Development Bank Ghana begins operations. The failure of commercial banks to lend to the private sector has remained a problem in the industry for many years. According to the Central Bank, while credit to the…
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‘No Ghana card, no salary’ directive to government workers suspended
The Controller and Accountant General’s Department (CAGD) has rescinded its decision not to pay public sector workers if they do not have a Ghana card. Government workers risked forfeiting their December 2021 salaries per an initial directive from the CAGD. The move was said to be part of the Government of Ghana’s efforts to deliver…
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Robert & Sons to provide eye care services to less fortunate Ghanaians
Robert and Sons Limited Optical Services this year, is providing eye care services to between 500-1000 less fortunate in Ghana who by their economic circumstances do not have access to eye care services. This is under the company’s Vision for Life Outreach, and in line with its ongoing 30th anniversary corporate social responsibility, which will…
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Telco: Voice subscriptions in Ghana decreased marginally in August 2021
The total number of mobile voice subscriptions in the country for the month of August 2021 saw a marginal decrease. According to the National Communications Authority, at the end of August 2021, the total number of mobile voice subscriptions in Ghana was 41,486,196. This figure represents 132 percent penetration and a 0.81 percent decrease from…
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Police Service discusses banking security with BoG, Bankers’ Association
As part of efforts to improve safety and security in the banking sector, the Ghana Police Service has met with officials of the Bank of Ghana and other relevant stakeholders in the sector. This comes on the back of several attacks on cash-in-transit operations within the country. The Ghana Police Service, in a Facebook…