Category: Business
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Guinness Ghana phases out Orijin Bitters sachet in support of 2025 sustainability commitment
Ghana’s leading total beverage business, Guinness Ghana Breweries Plc, in line with its commitment to become sustainable by design in its operations, is phasing out its Orijin Bitters sachet product line. This means consumers will, from the end of September 2022, no longer be able to purchase Orijin Bitters sachet on the market. With this…
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German Cooperation-Sponsored SCORE programme to support 72 New SMEs in 5 regions
The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, on behalf of the German Federal Ministry for Economic Cooperation and Development (BMZ), in partnership with the Management Development and Productivity Institute (MDPI), a sub-vented agency under the Ministry of Employment and Labour Relations (MELR), has launched the second phase of the Sustaining Competitive and Responsible Enterprises (SCORE)…
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First Palm Oil Barometer challenges negative public perception on palm oil sustainability
While smallholder palm oil farmers risk living in poverty, the 282 billion-dollar palm oil industry creates huge profits for companies. The pivotal role of smallholders in the palm oil sector, currently contributing to around 30% of global production, is often overlooked in the sustainability agenda, as policies tend to focus on large industrial plantations. And…
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Sachet water to sell for 50 pesewas from September 19
The price of sachet water is expected to go up to 50 pesewas from September 19 after recommendations by the National Association of Sachet and Packaged Water Producers. A bag of sachet water will also now sell at GH¢7 from the retail trucks. The association in a statement also recommended that bottled water prices be…
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Prices at the pumps to fall marginally – IES
The Institute of Energy Security (IES) is projecting a slight reduction in fuel prices in the coming days. This is despite an almost 11 per cent drop in prices on the world market. The about 3.6 per cent depreciation of the cedi against the dollar has however thwarted any significant drop in prices at the…
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Ghana Startups and SMEs Week celebration gets national support
A week earmarked purposely to celebrate Ghanaian Startups, Small and Medium scale businesses has been launched at the Accra Digital Center, with massive commitment from key Ministries and Agencies. The Deputy Minister for Trade and Industry, in charge of Small and Medium Enterprises (SMEs), Hon. Nana Ama Dokua Asiamah-Adjei, launched the 2022 edition, with a…
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EOCO, SEC caution public against doing business with these 17 unlicensed entities
The Securities and Exchange Commission (SEC) is cautioning the public against doing business with some 17 entities providing investment products without a license. In a joint statement issued by SEC and the Economic and Organized Crime Office (EOCO), it was revealed that these entities were found to be operating through online portals. This was a…
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Ecobank names Jeremy Awori Group CEO, as Adeyemi retires
The Board of Directors of Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, have selected Jeremy Awori as Group Chief Executive Officer. This comes as the current Group Chief Executive Officer, Ade Ayeyemi, is set to retire after he attains the age of 60, in accordance with ETI policy. In a statement…
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GRA to prosecute business owners who fail to issue VAT invoices
The Ghana Revenue Authority has given the strongest indication that it will in the coming days arrest and prosecute business owners who do not issue Value Added Tax (VAT) invoices to customers. The move which is in line with the Authority’s mandate to improve voluntary compliance is also part of a larger goal to help…
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BoG issues out new directives for banks on digital financial services
The Bank of Ghana has issued a strong warning to banks and specialized deposit-taking institutions to ensure fairness and transparency in the delivery of information via digital platforms. This new directive is contained in the Disclosure and Transparency Guidelines for digital financial services and products provided by these parties. The proliferation of mobile devices and…