Author: Lawrence Segbefia
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Nigerian entrepreneur wins maiden Netpreneur award organized in Ghana
A Nigerian Entrepreneur has won the maiden annual Africa Netpreneur Prize Initiative organized by the Jack Ma Foundation in Accra. Temie Giwa-Tubosun, the founder and CEO, LifeBank from Nigeria won $250,000 while Omar Sakr, founder and CEO, Nawah-Scientific from Egypt placed second with a cash reward of $150,000 Christelle Kwizera, founder, Water Access Rwanda from…
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Ghana Club 100 Awards: Full list of winners
Telecommunication Company, MTN has been adjudged the best company at the 18th edition of the Ghana Club 100 awards. The event which was held at the Kempinski Gold Coast Hotel in Accra brought together captains of industry in both the private and public sectors. Kosmos Energy, GOIL, and Sunon Asogli Power Ltd, came in as…
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MTN wins 18th edition of Ghana Club 100 awards
Telecommunication Company, MTN has been adjudged the best company at the 18th edition of the Ghana Club 100 awards. The event which was held at the Kempinski Gold Coast Hotel in Accra brought together captains of industry in both the private and public sectors. Kosmos Energy, GOIL, and Sunon Asogli Power Ltd, came in as…
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GSE working to reduce impact of high interest rates on investments — Ekow Afedzie
Managers of the Ghana Stock Exchange (GSE) are hopeful trading activities on the bourse will become profitable if government is able to bring down interest rates on loans. Currently, the average cost of borrowing in the country is around 27 percent, making Ghana one of the countries with the highest interest rate in West Africa.…
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Fiscal Council must be firm on govt to avoid over spending in 2020—Economist
Some financial analysts have urged the Fiscal Council to start checking the expenditure of the government to prevent a budget overrun. The Fiscal Council was formed after Ghana exited the IMF extended credit facility programme in April this year to advise the government to be financially disciplined. Speaking to Citi Business News on the need…
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‘Growing a bank is not a sprint, it’s more than a marathon’—Frank Adu advises local banks
The outgoing Chief Executive Officer of CAL Bank, Frank Adu Jnr has advised Managing Directors of local banks to go through the required and legal processes to grow their banks. He cautioned that it is very dangerous for owners of local banks to take depositors’ funds to finance their own businesses. Speaking after CAL Bank…
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Hollard wins 5 awards at Finance Innovation Awards
Insurance group, Hollard Ghana excelled at the recent 5th Ghana Finance Innovation Awards (GFIA) picking up five corporate and personality honours at the prestigious ceremony. Hollard Insurance won Motor Insurance Company, and Finance Team of the Year. Group CEO, Patience Akyianu was outstanding woman in Finance and named among Top 20 finance Leaders in Ghana,…
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Hollard Ghana shows care to 20,000 motorists by paying their tolls
As part of its commitment to Ghanaians, Hollard Ghana, made up of subsidiaries, Hollard Insurance and Hollard Life, showed care to twenty thousand motorists by paying their tolls twice last week. The activity rounded up the insurance group’s customer service month celebration. Motorists driving saloon and 4×4 vehicles were treated to free entries at six…
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Ghana participates in 2019 Salon Du Chocolat in France
The 2019 edition of Salon Du Chocolat, the world’s largest chocolate event is on-going in Porte De Versailles-Paris, France. The 5-day chocolate event opened on the 30th October, 2019 with glitz and glamour. The 2019 edition which marks the 25th anniversary of the fair is dedicated to cocoa and chocolate makers across the world. A…
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Guinness Ghana increases local raw material sourcing to 55 percent
Beverage producer Guinness Ghana Limited says it is on track to reach 70 percent local raw material sourcing from Ghanaian farmers. This follows a research by the Kwame Nkrumah University of Science and Technology which showed that the company has increased its local raw material sourcing from 12 percent to 55 percent. Speaking to Citi…