Category: Business
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BTL Marketing Ghana adjudged best experiential marketing agency
BTL Marketing Solutions Ghana has been adjudged the Overall Best Marketing Agency of the Year at the recently held 11th Marketing World Awards 2022 at the Movenpick Ambassador Hotel. The awards night saw numerous industry players in marketing and advertising come together to celebrate, award and reward the efforts of various stakeholders in the industry.…
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Online registration of businesses to begin in year’s time – Registrar General
The Registrar General has indicated that her outfit will begin the digital registration of businesses from next year. According to her, this user friendly online platform would facilitate the registration of businesses and prevent the long delays associated with business registration in the country. Speaking at a roundtable discussion organised by Veritas International Nominees and…
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Côte d’Ivoire, Ghana to no longer sell cocoa at origin differentials below zero
Côte d’Ivoire and Ghana have decided to no longer sell their cocoa at origin differentials below zero, from as much as 125 pounds below the ICE terminal market, their joint Côte d’Ivoire-Ghana Cocoa Initiative (CIGCI) announced in Accra on Friday. The origin differential is an additional country quality premium that has traditionally been determined by…
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Ghana’s return to the IMF will restore investor confidence – Republic Bank MD
Managing Director of Republic Bank (Ghana) PLC, Benjamin Dzoboku has stated that Government’s decision to go to the International Monetary Fund (IMF) to seek for economic assistance will go a long way to help increase the ability of banks to increase lending to priority sectors of the economy. Despite, data showing that many sectors of…
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Extend SIM card re-registration exercise to January 2023 – MoMo agents
The Mobile Money Agents Association of Ghana are calling on government to consider an extension of the deadline for the SIM card re-registration exercise. According to the association, the mobile money business will be negatively affected should government go-ahead to implement the July 31 deadline. Government has set July 31 to be the deadline for…
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Gov’t reduces e-levy revenue target for 2022 to GH₵611 million
Government has once again revised its revenue target for the Electronic Transfer Levy (E-Levy) for this year to GH₵611 million. The government had hoped to rake in about GH₵6.9 billion from the collection of the levy on mobile money and other electronic transactions, but the figure was revised downwards to about GH₵4.9 billion following the…
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IFC and LMI partner to provide clean power and water to businesses
Ghana’s manufacturing sector is set to see a boost as the IFC—a member of the World Bank Group and LMI Holdings have signed a partnership to provide essential infrastructure services to manufacturing companies located in LMI-operated special economic zones in Ghana. The initiative will see IFC provide LMI with a loan of up to $30…
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Banking sector’s profit-before-tax soars to GH¢4.4 billion in June 2022
Data from the Bank of Ghana has disclosed that the banking sector was able to make more than GH¢4.4 billion in the first six months of this year. According to the Central Bank’s Monetary Policy Committee’s latest press release, the industry recorded a before-tax profit of GH¢4.4 billion, a 21.6 percent growth compared with 32.1…
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Global price dynamics push value of Ghana’s total exports to $9 billion in June 2022 – BoG data
The value of Ghana’s total exports increased to about 9 billion dollars in June 2022, from the 7.6 billion dollars recorded during the same time period in 2021. This is contained in the Bank of Ghana’s Summary of Macroeconomic and Financial Data for July 2022. The report also shows an increase in total imports from…
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‘We’re poised for continued global excellence’ – Fidelity Bank MD assures; engages media editors
In appreciation of the media’s influential role in its success over the last 15 years, senior executives of Fidelity Bank Ghana, led by its Managing Director, Julian Opuni, have engaged with editors from key media houses to thank them for their support. The engagement, which was held at the Head Office of Fidelity Bank at…