Category: Business
-
NBSSI converted to Agency after passage of Ghana Enterprises Agency Bill
Parliament has approved the Ghana Enterprises Agency Bill under a certificate of urgency. The House, last week, determined that the Bill be passed under a certificate of urgency due to its importance. The Ghana Enterprises Agency Bill will convert the National Board for Scale for Small Industries (NBSSI) into an agency to oversee, coordinate, promote…
-
Brand Ghana office must be established by an Act of Parliament – IAA World President
The Chairman and World President of the International Advertising Association (IAA), Joel Nettey, has called for the establishment of the Brand Ghana office by an ACT of Parliament, to ensure that it receives dedicated funding. He says this will enable the country to have a dedicated outfit projecting Ghana to the world and attracting the…
-
Educate customers to make informed investment decisions – Economic Analyst to Financial institutions
The Senior Economic Analyst with DataBank, Courage Martey, has said there is the need for a concerted effort towards boosting financial literacy for Ghanaian workers, to enable them process simple economic information and make informed decisions about their finances. His comment comes on the back of a ‘2020 Banking Industry Customer Experience Survey published by…
-
Don’t pay facilitation fees to access locked-up cash – SEC to clients
The Securities Exchange Commission (SEC) has advised customers of the defunct fund management companies to refrain from paying a facilitation fee to get access to their locked-up cash. An entity, PBAY Limited is purporting to be able to facilitate the payment of customers locked-up funds with some SEC-regulated market operators whose licenses have been revoked…
-
Bolt launches Mega Bonus Challenge for spectacular drivers to win 1 of 3 cars
Bolt, the fastest-growing ride-hailing platform in Africa, has introduced the Bolt Mega Challenge to encourage drivers to provide exceptional service and subsequently stand a chance to win one of three brand new cars to continue earning more and living their desired life. Nonso Onwuzulike, Country Manager for Ghana, said “The safety and wellbeing of our…
-
Telecoms analyst questions government’s rationale for takeover of AirtelTigo
A telecoms expert, Fouad Chalabi has questioned the government’s move to take over the shares of AirtelTigo. Government confirmed the take over last week stating that the deal has reached advanced stages. The proposed deal would result in the government of Ghana acquiring 100 percent shares of AirtelTigo, along with all its customers, assets and…
-
Gas shortage hits parts of Ghana
Parts of the Greater Accra and Central Regions have been hit by an acute shortage of Liquefied Petroleum Gas. The situation has left consumers who depend on LPG for domestic, commercial and industrial purposes stranded. Some residents who spoke to Citi News said the shortage, which started on Wednesday, October 28, is taking a toll…
-
GIRSAL launches Lending Knowledge Portal to improve access to finance for agribusinesses
The Ghana Incentive-Based Risk-Sharing System for Agricultural Lending Project (GIRSAL) has intensified efforts to make it easy for agribusinesses to gain credit from financial institutions. Lack of access to cheaper credit is seen as a major setback to the growth of agribusiness. It is against this backdrop that GIRSAL, with support from the Alliance for…
-
MTN’S profit rises by 53.1% to GHS1.05 billion from Jan – Sept 2020
MTN Ghana’s profit after tax from January to September 2020 has risen to GHC 1.053 billion. This is 53.1 percent higher when compared to the GH¢688.6 million recorded from January to September 2019. That’s according to the company’s unaudited results for the first three quarters of 2020. The telecoms company attributes the significant improvement in…