Category: Business
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Citi Business Festival: Acquiring digital skills key to securing employment – Maximus Ametorgoh
Chief Executive Officer of Popout, Maximus Ametorgoh, has highlighted the importance for persons seeking employment and those hoping to remain relevant in their fields to acquire some level of digital skills to increase their value. According to him, the growing rate of digitization in the country also comes with the opportunity for employment in that…
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Ghana to lose out on AfCFTA gains due to high cost of doing business- AGI
As the cost of doing business continues to rise in the country, the Association of Ghana Industries (AGI), is cautioning that Ghana could miss out on the expected benefits from the much-touted African Continental Free Trade Area (AfCFTA). Data from the Ghana Statistical Service shows that the year-on-year producer price inflation which measures the average…
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GCB Bank PLC to pay GHS132.5m dividend to shareholders
Leading indigenous bank, GCB Bank PLC has announced the payment of a final dividend of fifty pesewas per ordinary share, representing GHC132.5 million, to be paid to its shareholders, for the financial period ended December 31, 2021. The amount represents a 100 per cent increase compared to the 2020 figure of 0.25 pesewas, following the…
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Standard Chartered Bank records GH¢1.07 billion revenue in 2021
Standard Chartered Bank Ghana PLC has recorded a revenue of GH¢1.07 billion for the year 2021. This represents a five percent growth in revenue compared to the GH¢1.02 billion recorded in the previous year. Profit before tax for the Bank also stood at GH¢695 million for the 2021 financial year. Operating costs increased from GH¢288…
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Access bank holds 14th annual general meeting
Access Bank (Ghana) Plc has recorded an impressive growth performance across key indicators of its operations for the year ended 31st December 2021. This was revealed during the Bank’s 14th Annual General Meeting (AGM), held at its head office, and streamed virtually to shareholders via a dedicated link. Delivering his address, Mr. Frank Beecham, Board…
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NPA boss named outstanding public sector leader of the year
The Chief Executive of the National Petroleum Authority (NPA), Dr Mustapha Abdul-Hamid continued in his streak of silverware collection as he emerged the ‘Outstanding Public Sector Leader’ for the year 2021 at the Ghana CEO Excellence Awards held at the plush Kempinski Hotel in Accra. He was awarded for his Sterling Leadership, Achievement, Business Excellence…
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Vendors bemoan negative impact of E-Levy after 1st month of implementation
After a month of implementation of the Electronic Transfer Levy (E-Levy), mobile money agents and users of the platform in Accra continue to bemoan its impact on their lives. Checks by Citi Business news show that while some are trying to find ways around the payment of the levy others are hoping things take a…
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#CitiBusinessFestival: Financial sector players call for collaboration to achieve desired digital economy
Stakeholders in the financial industry are calling for deepened collaboration between the private sector and government to achieve Ghana’s desired digital economy. According to them, the development of Ghana’s digital economy and the need for the use of digital tools and interventions has become critical, particularly as the COVID-19 pandemic lingers on. Speaking as part…
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Fairwork Project calls for improved working conditions for workers on digital labour platforms
As part of efforts to improve the working conditions of workers on digital labour platforms in the country, Fairwork Ghana has held a workshop for stakeholders within the ecosystem. This follows recent agitations by gig workers against their platform employers about their low wages among others, despite the fact that Ghana has witnessed a rapid…
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2022 Citi Business Festival launches today; digital economy forum slated for Tuesday
The 2022 edition of the Citi Business Festival being organised Citi FM/Citi TV will be launched today, Monday, May 30. This will mark the commencement of the annual month-long festival that seeks to help businesses with growth strategies. The first week of the Citi Business Festival will hinge on the subject, “Re-imagining the Digital Economy.”…