Category: Business
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Africa’s participation in 4th industrial revolution must be based on data, transparent systems – Bawumia
Vice President Dr. Mahamudu Bawumia has said one of the setups African countries face in their attempt to transform their economies is the lack of data and transparent systems. According to him, most countries in the African continent take decisions in the governance and management of their economies without any proper and consolidated data. This…
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GEXIM Bank appoints Emmanuel Essilfie-Conduah as Head of Corporate Affairs
The Ghana Export-Import Bank (GEXIM) has appointed Mr. Emmanuel Essilfie-Conduah as Head of Corporate Affairs Department. Mr. Essife-Conduah, until his new appointment was the Senior Manager, Communications and External Relations. As a seasoned Communication and Marketing Specialist, Mr. Essife-Conduah joined the Bank then EDAIF in 2010 as a Manager PR & Marketing and rose through…
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Global Chamber of business leaders appoint Gregor Kos as new head of office
The Global Chamber of Business Leaders (GCBL) has announced the appointment of seasoned entrepreneur and Strategic Advisor, Gregor Kos, as its new Head of Office. Mr. Kos is to oversee operations at GCBL headquarters in European Union. He joins the global body with a great deal of professional experience, having served in several high-profile positions…
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NPA to regulate bitumen supply chain to ensure quality and efficiency
The National Petroleum Authority (NPA) is developing a framework to regulate the importation, storage, processing and marketing of bitumen in the country. The framework, which will have inputs from the Ghana Standards Authority (GSA), the Ghana Highways Authority (GHA), and the Customs Division of the Ghana Revenue Authority (GRA), is to streamline the bitumen supply…
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ECG retrieves GH¢38m debt from clients in Central Region
The Central Regional Office of the Electricity Company of Ghana (ECG) has recovered more than GH¢38 million owed by its customers across the region since the commencement of its debt collection exercise on Monday, March 20. The amount represents 14.9 percent of the GH¢255 million owed ECG by domestic users, businesses, organizations, ministries, departments, and…
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Overtaxing investors a threat to Ghana’s development – Organised Labour
The Ghana Federation of Labour (GFL) says the consistent introduction of new taxes in the country is a threat to national economic development. Mr Abraham Koomson, the GFL Secretary General, who spoke in an interview in Tema, said companies had employees and paid their salaries, as well as social security, contributing to the improvement of…
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MTN explains why it suspended its Data Zone bundle
MTN Ghana, a subsidiary of Scancom PLC, has announced the suspension of its MTN Data Zone bundle effective April 05, 2023. Subscribers of the package had taken to social media to express their dissatisfaction with the development with many calling for its reintroduction. The company apologized to its customers for the lack of communication on…
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Digital analyst reiterates calls for banks to safeguard data of customers
Maximus Ametorgoh, a Digital Marketing Strategist, has emphasized the importance of banks giving priority to the data security of their online banking customers. This, he believes, will help to reduce the number of cyber-attacks that occur. He points out that a weak online banking platform has the potential to disrupt the economic growth of individual…
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COPEC worried over fuel shortage at GOIL filling stations
The Chamber of Petroleum Consumers (COPEC) is urging GOIL, a prominent oil marketing company, to resolve its supply issues as some customers have been left stranded at their outlets across the country. Citi Business News has confirmed that this situation has persisted for several days with some stations in the Northern part of the country…
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Bettors oppose 10% tax on bet wins
Bettors are expressing displeasure at the government’s plan to levy taxes on lottery and sports betting. As part of efforts to raise additional revenue for the country, government slapped taxes on income from lottery, betting and gambling. According to several local bettors, the government’s move is an attempt to prevent them from enjoying their winnings…