Author: Michael Ogbodu
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Citi Business Festival: Address lack of financial data challenges using MoMo – Rufai Abdul Majeed
As part of efforts to address the issue of a lack of financial data, businesses within the informal sector have been encouraged to adopt mobile finance platforms in their operations. According to the Head of Commercial at Mobilemoney Ltd, Rufai Abdul Majeed, beyond the convenience mobile finance provides, it also can help address one major…
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GEA/Mastercard Foundation Young Africa Works supports 3,000 Beneficiaries with Start-up Kits
The Ghana Enterprises Agency in collaboration with the Mastercard Foundation have presented 3,000 Start-up Kits to beneficiaries who have completed their apprenticeship program. The GEA/Mastercard Foundation Young Africa Works Project is under one of GEA’s flagship Programs, the Youth Entrepreneurship and Employment Programme (YEEP). YEEP is an upgraded and job-focused version of all the apprenticeship…
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NPA allays fears of fuel scarcity in the country
Despite the earlier scare of a likely scarcity of fuel in the country, the National Petroleum Authority is confident that there is enough of the commodity in Ghana. Head of Economic Regulation at the National Petroleum Authority, Abass Ibrahim Tasunti reassured the public that there was sufficient fuel in the country and hence no need…
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Over 120,000 persons reimbursed for wrongful e-levy deductions – GRA
After the initial challenges that fraught the first few days of the implementation of the electronic transfer levy, over 120,000 customers have so far been reimbursed for wrongful deductions. Head of Project Management Unit at the Ghana Revenue Authority Isaac Kobina Amoako stated that “The data we had for those who had a refund on…
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Collaborative effort required to address market fires – TAGG
The Traders Advocacy Group Ghana is calling for a holistic approach to dealing with the frequent fire outbreaks in the country. President of TAGG, David Amoateng, believes there must be a concerted effort by local assemblies, leadership and markets folks, and the Ghana National Fire service, to prevent the occurrence of fires in markets across…
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Investment in storage and processing key to food security – Fatima Alimohamed
Chairperson of Agribusiness at the Association of Ghana Industries, Fatima Alimohamed, says investment in storage infrastructure and advanced food processing methods is crucial to addressing the challenge of food security in Ghana. “We need to invest in infrastructure and in terms of storage warehouses to be able to take care of this kind of foods…
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We are close to recovering from the impact of COVID-19 – hospitality players
Two years since the COVID-19 pandemic struck in Ghana, players in the hospitality space say business is almost back to normal for them. President of the Ghana Hotels Association, Dr Edward Ackah-Nyamike stated that “I think the industry is bouncing back and we are almost close to the pre-COVID-19 performance, at least from the middle…
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Industry players blame high cost of Hotels in Ghana on economic situations
The Ghana Hotels Association says the high cost of hotel services is due to the economic situation in the country. This comes on the back of a recent revelation by the association that some international tourists are, due to this circumstance, compelled to spend up to 60 percent of their budget on hotel accommodation. In…
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Our investment in security systems will minimize fraud cases – GAB
The Ghana Association of Banks says its members have invested heavily in infrastructure to help prevent and detect fraudulent activities in their systems. President of the Association, John Awuah stated that “The good thing is as a community of banks the level of investment that we have undertaken to be able to stop these fraudsters…
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Bring back national shipping line to save the cedi – GIFF
The Ghana Institute of Freight Forwarders is making a case for the reintroduction of a national shipping line, the Black Star Line. According to the institute, this will help bring competition amongst the various shipping lines while helping to address the issue of the depreciating cedi due to significant funds that are repatriated out of…