Author: Pius Amihere Eduku
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#CitiBizFestival: Review Business Models to meet changing trends – ABSA Dir. urges SMEs
The Director of Business Banking at Absa Bank Ghana, Grace Anim-Yeboah, has advised businesses to regularly review their models to meet the changing trends. The disruption of most activities by the novel coronavirus pandemic globally, has caused some businesses to overhaul their operations altogether, while others have been compelled to fold up. Nonetheless, new opportunities…
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#CitiBizFestival: First virtual business forum comes off today
The first of the four virtual business forums for this year’s Citi Business Festival is scheduled to come off on Tuesday [June 2, 2020] on Citi TV. Christened ‘Reboot’, the virtual business forum, will be discussing how you can restart your business after COVID-19. Discussants include; Michael Mensah-Baah, Chief Operating Officer of Absa Bank Ghana…
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Day one of UNIPASS roll-out fraught with delays at Tema and Takoradi ports
The UNIPASS clearance system which took off fully on Monday, June 1, 2020, after a challenging pilot, still had some members of the Ghana Institute of Freight Forwarders (GIFF) in the country, complaining about the existing difficulties with the system. An Executive Member of the Takoradi District of GIFF, Ato Bentsil, in an interview with…
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Prof. Quartey backs BoG’s GH¢10bn financing for government’s 2020 budget
Economist, Prof. Peter Quartey, has backed the Bank of Ghana’s decision to support government’s budget to cushion the economy from the adverse impact of COVID-19. The central bank has indicated that it is supporting the Ghanaian economy with ten billion cedis to bridge the budget deficit caused by the global pandemic. The Governor of the…
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21-year old wins GH¢157,500 Jackpot in *787# lottery
A Twenty-one year old boy, Amabe Valerius, a tailor apprentice, has emerged the winner of the second jackpot prize for *787# lottery. He bagged a cash prize of GH¢157,500. Staking the lottery with GH¢10, Valerius said in an interview that he least expected to be the winner of the game. As a tailor apprentice at…
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Fuel prices to remain stable for 2nd pricing window in May – IES
The Institute of Energy Security, IES, says consumers should not expect any major change in the prices of fuel at the various pumps from the second pricing window spanning Saturday, May 16 to Sunday, May 31. The energy think tank attributes this to the marginal rise in fuel prices on the global market as well…
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Health investments in Africa now more crucial over budget deficits – IMF Country Rep
The Resident Representative of the International Monetary Fund, IMF, to Ghana, Dr. Albert Touna Mama, has advised leaders of African economies to be inclined towards saving lives and improving the quality of healthcare in the wake of the coronavirus pandemic rather than seeking to contain expenditure to control budget deficits. According to the IMF, seven of…
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Registrar General issues guidelines for virtual AGMs
The Registrar General’s Department has issued modalities for companies to hold their Annual General Meetings using virtual platforms. The Department says it has to be notified before such meetings are held. “The Registrar-General should be notified before such a virtual meeting is held. The notification can be submitted to the Head Office in Accra or…
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Review decision to re-introduce fees on electronic transactions – Bankers Assoc. to GhIPSS
The Ghana Association of Bankers is pushing for a meeting between the Ghana Interbank Payment and Settlement Systems, GhIPSS, and the Governor of the Bank of Ghana over the former’s decision to re-introduce fees charged on electronic transactions. GhIPSS, has in a statement to banks and other partner agencies, announced that it will from May…
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70% of car rental workers asked to go home temporarily – Association
More businesses are counting their losses from the economic impact of the COVID-19 pandemic on their operations. The latest is the Car Rentals Association, which has already asked about 70% of its staff to go home temporarily as they contemplate business continuity plans. In some cases, workers have lost their jobs; while others have taken…