Category: Business
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FBNBank Ghana launches Akye promotion
As a means of offering customers variety, excitement, and rewards, FBNBank Ghana has launched an exciting campaign dubbed the ‘Akye Deposit and Win Promotion’. The promotion which was launched last Wednesday at the Bank’s Lapaz Branch was well attended by customers, clients, staff and management of the Bank. The Akye Deposit and Win Promotion, stylised…
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AGI advocates for innovative policies to support SMEs
Industry players are pushing for the adoption of innovative policies designed to provide Small and Medium Enterprises (SMEs) with dependable access to trade finance. They contend that these initiatives will not only boost SMEs’ production capacities but also assist in curbing the rising import costs burdening African economies. In an effort to foster economic growth…
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Transport owners and the missing NPA: who assured Sentuo to import BRVs?
Ghana’s petroleum downstream has about 5000 Bulk Road Vehicles (BRVs), out of which 4200 have installed tracking devices. There has been about 50% increment in the number of BRVs from 2013 to 2021. However, this increment resulted in a decline of average volumes per BRV by about 30% within the same period. This implies that…
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BOST clarifies amount paid for iPhones bought for company executives
The Bulk Oil Storage and Transportation Limited (BOST) has debunked earlier media reports which suggested that the company paid a little over GHS 28 million for the purchase of iPhones for its corporate executive members. In a statement issued on September 30, the Oil Company maintained, it has made some purchase of the said iPhones…
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Fuel prices to remain fairly stable at the pumps – COPEC
Prices of Petrol and Diesel are likely to remain unchanged in the first pricing window of October. Per projections from the Chamber of Petroleum Consumers (COPEC), there could be a one percent increase at the pumps, but Oil Marketing Companies (OMCs) have agreed not to pass on the cost to consumers due to competition. “There…
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Restructuring NIB’s balance sheet won’t fix solvency challenges – Banking consultant cautions
Banking consultant, Dr. Richmond Atuahene, has cautioned against proposals for a restructuring of the balance sheet of the National Investment Bank (NIB). NIB is facing significant financial challenges with liabilities exceeding GHS 2 billion. The Minority in Parliament has strongly urged the government to undertake a significant restructuring of the ailing NIB in order to…
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Thousands to participate in 2023 #CitiBusinessOlympics today
Thousands of workers from different corporate institutions will converge at Eden Heights today, September 30, for the Citi Business Olympics 2023, the biggest corporate sports gathering of the year. The event is powered by Citi TV with support from Citi FM. Staff from various institutions will participate in a variety of sporting disciplines, including 7-a-side…
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Vodafone Ghana’s commitment to SMEs shines at Business Runway 2023
Vodafone Ghana has once again demonstrated its unwavering dedication to bolstering small and medium-sized enterprises (SMEs) in the country. This commitment took center stage at the recent Vodafone Ghana Business Runway 2023 event, where industry experts gathered to provide invaluable insights for SMEs looking to enhance their operations and achieve sustainable growth. The event featured…
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SMEs must incentivize staff to unlock full potential – Access Bank Board Chair
Ama Bawuah, the Board Chair of Access Bank Ghana, has emphasized the importance of Small and Medium Enterprises (SMEs) incentivizing their staff effectively to unlock their full potential, ultimately benefiting their businesses. Addressing the audience at the Vodafone Business Runway event in Accra, which centred around the theme “Good to Great with Vodafone: Innovate, Comply,…
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MIIF to invest an initial $32.9 million into Ghana’s first lithium mine
The Minerals Income Investment Fund (MIIF) has agreed a two-part capital investment totaling $32.9 million in the first ever lithium mine to be developed in Ghana. MIIF announced its intention of investing in Atlantic Lithium, which trades on the alternative market on the London Stock Exchange (LSE) and the Australian Stock Exchange (ASX) at the…