Category: Business
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Ensure that gold business in Ghana flourishes – Lands Ministry to PMMC Board
The Deputy Minister for Lands and Natural Resources in charge of Mines, George Mireku Duker has charged the newly inaugurated Precious Minerals Marketing Company (PMMC) Board to ensure that the business of Gold purchase in Ghana flourishes during their tenure of office. Administering the inaugural address on behalf of the Sector Minister, the Deputy Minister,…
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Energy sector workers risk losing their jobs if power loses are not curbed – Energy Minister
Energy Minister Matthew Opoku Prempeh says the jobs of staff of the Electricity Company Ghana Limited and other power distribution companies will be at risk if the energy sector continues to record the level of losses the industry is currently recording. The Electricity Company of Ghana is on record to be losing as much as…
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Cynthia Lumor appointed as Deputy Managing Director of Tullow Ghana
Tullow Ghana has announced the appointment of Cynthia Lumor as Deputy Managing Director, effective October 1, 2021. Cynthia Lumor is the first to be appointed as Deputy Managing Director of Tullow Ghana since the company began its Ghana operations in 2006. As Deputy Managing Director, Cynthia Lumor will be responsible for the integration of the…
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Prof. Quartey calls for balanced approach in governments’ borrowing agenda
Economist and Director at the Institute of Statistical, Social and Economic Research (ISSER), Prof. Peter Quartey has charged the Board of the Bank of Ghana to ensure that there is a balance when it comes to government’s source of borrowing. A look at the Summary of Economic and Financial Data released in July by the…
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GREDA wants government to take the lead in adoption of local building materials
The Ghana Real Estate Developers Association (GREDA) is calling on the government to take the lead in the use of local materials for construction in Ghana. This according to the association will boost the confidence of the public in local building materials. In the wake of the high cost of rent in Ghana and the…
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‘Mybitstore’ launches first peer-to-peer bitcoin trading app in Ghana
A Ghanaian tech developer Benjamin Anderson has introduced an application that enables cryptocurrency traders across the world to trade using its secured escrow system. The app, Mybitstore, provides a platform for the buying, selling, receiving and conversion of bitcoin to mobile money and vice versa. It also allows users to convert unused gift cards to…
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Serving on public boards should be seen as responsibility than a reward – Prof. Adei
A former Rector of the Ghana Institute of Management and Public Administration (GIMPA), Prof. Stephen Adei, has advised Board members of corporate institutions to stand their ground and insist that the right things are done. Having served on the boards of various organisations, Prof. Adei on Footprints on Citi TV admonished board members of corporate…
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Akufo-Addo to host 2021 Presidential Business Summit
President Nana Addo Dankwa Akufo-Addo will host and deliver the keynote address at this year’s Presidential Business Summit at the Kempinski Hotel Gold Coast City in Accra. The Summit, starting from September 14-15, 2021, is an annual calendar event by the Ministry of Trade and Industry in collaboration with the Office of the President and…
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Digitization of premix distribution; fishermen to access product with canoe ID cards
The Ministry of Fisheries and Aquaculture Development says it has initiated processes to digitize the supply of premix fuel to fishermen. Vice President Dr. Mahamudu Bawumia in 2019 during a petroleum conference announced plans by the government to digitize the supply of premix fuel to end the frequent tussle over its distribution. Taking her turn…
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Registrar-General engages stakeholders on new Companies Act
The Registrar-General’s Department has engaged stakeholders in the business sector on the draft regulations of the new Companies Act 2019, (Act 992) to ensure smooth implementation. The engagement was to solicit valuable comments, suggestions, and contributions from stakeholders to improve the quality of the document to ensure it produced a practical and effective Regulations to…