Category: Business
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Guinness Ghana appoints Helene Weesie as Managing Director
Guinness Ghana, a Diageo PLC Group company, has appointed Helene Weesie as its new Managing Director (MD) with immediate effect. Helene joins Guinness Ghana with a wealth of international experience within Diageo globally and within the fast-moving consumer goods sector. Her knowledge and expertise cuts across sales, marketing and general management; having held a number…
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Belfast Management Limited reopens Number One Oxford Street Hotel & Suites
Belfast Management Limited has assured the public of its commitment to prioritizing health and safety as the hospitality industry gradually bounces back after the COVID-19 coronavirus health crisis. Speaking to Citi Business News during a client engagement event to resume operations at the the luxurious 108 apartments Number One Oxford Street Hotel and Suites located…
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Suspension of Agyapa IPO launch a step in the right direction – CSOs
Some Civil Society Organizations opposed to the controversial Agyapa Royalties deal have welcomed government’s decision to put the launching of the deal’s Initial Public Offering (IPO) on hold. This comes after the Finance Ministry served notice that government will not proceed with the IPO until the Special Prosecutor concludes the ongoing corruption risk assessment on…
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Volume and value of MoMo transactions will keep rising – Banking Consultant
A Banking consultant, Nana Otuo Acheampong, says the significant surge in the volume and value of mobile money transactions in the first 8 months of the year, should continue unabated in the last quarter of 2020. The volume and value of mobile money transactions from January to August of 2020, increased by 41 percent and…
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Newmont Ghana partners COCOBOD to rehabilitate Nkawkaw to New Abirem road
Newmont Ghana, in partnership with the Government of Ghana and the Ghana Cocoa Board (COCOBOD), has commissioned the construction of the 41 kilometre road from Nkawkaw to New Abirem Road in the Eastern Region as part of efforts to promote infrastructural development in its host communities and surrounding areas. Under this partnership, Newmont Ghana will…
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Joel Nettey becomes 1st African to lead International Advertising Association
CEO of Innova DDB, Joel Nettey has been named the Chairman and World President of the International Advertising Association (IAA). The IAA, headquartered in New York, is a platform for industry issues and it is dedicated to protecting and advancing freedom of commercial speech, responsible advertising, consumer choice, and the education of marketing professionals. He…
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COCOBOD CEO questions Mahama’s demand for audit report on Cocoa roads
The Chief Executive Officer of the Ghana Cocoa Board Joseph Boahen Aidoo, has challenged former President John Dramani Mahama to respond to claims that he left behind cocoa road projects without any funding, instead of demanding for the audit report of cocoa roads. Speaking at Bopa as part of his tour of the Western North…
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Home seekers lament exploitation by rent agents
The payment of rent, particularly for residential facilities, has over the years, remained a headache for both the average Ghanaian and even those at the top of the social ladder. For most prospective tenants, issues such as the high cost of rent and lack of proper regulation of the space comes as a concern, compounding…
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Public thoughts on state of Ghana’s banking sector
Confidence in Ghana’s banking sector was hard hit by the banking sector reforms implemented by the Bank of Ghana some two years ago. The reforms saw the collapse and merger of some local banks, while some depositors who had their funds locked up are yet to access their cash. Latest data from the Bank of…
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NBSSI announces deadline for Nkosuo loan application
The National Board for Small Scale Industries has announced a deadline for the registration of the Nkosuo Loan. The loan facility, which was launched in September with an initial commitment of GHS 90 million from the MasterCard Foundation, will provide financial assistance in the form of grants and soft loans through banks, fintechs, mobile lenders,…