Category: Business
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Ghana on course to becoming aviation hub – Ex-GACL boss
A former Managing Director of the Ghana Airport Company Limited, Charles Asare says Ghana is on course to becoming a preferred aviation hub and a leader in air-travel business in West Africa with the commencement of commercial flights to Ho and Wa airports from Accra. Mr Asare noted that “by developing a world-class terminal (terminal…
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Moves to connect GhIPSS to Pan-African Payment System ongoing – Archie Hesse
The Chief Executive of the Ghana Interbank Payment and Settlement System (GhIPSS), Mr. Archie Hesse, says they are working around the clock to ensure intra-African payments from and to Ghana are smooth once the Pan-African Payment and Settlement System (PAPSS) becomes fully operational. The operational roll-out of the revolutionary continent-wide payment facilitation platform in local…
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President woos Norwegian investors to back Ghana’s railway sector
President Akufo-Addo has urged investors from Norway to consider partnering government to develop a modern railway network in the country. This follows recent comments by the Minister for Railway Development, John Peter Amewu, to the effect that the government would not be able to construct any sky train in the country in the near future.…
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Shippers Authority calls for professionalism among Upper East Police to promote transit trade
Senior Police Officers in the Upper East Region have been urged to upgrade their level of professionalism to boost transit trade activities on the nation’s trade routes. This came up during a sensitization seminar organised by the Ghana Shippers’ Authority (GSA) in Bolgatanga on transit trade through Ghana’s major transit corridors. The Authority said it…
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Stakeholders call for robust labour standards to improve working conditions of gig workers
Most companies in Ghana’s Platform Economy, like Bolt, Jumia Food, and Uber, are yet to meet minimum standards of fair work – such as offering a living wage or minimum protection against accidents. This is according to a survey conducted by the University of Oxford and the University of Ghana Business School. The research, “Fairwork…
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New COVID-19 variant to blame for global crude price falls – DR Sulemana
Fuel prices on the global markets have fallen sharply from over 80 dollars a barrel to about 72 dollars per barrel. This comes after some international agencies like Goldman Sachs projected the commodity could hit 90 dollars a barrel by the end of the year. What could be the cause of this sudden downturn? Energy…
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Review SSNIT contribution rate to sustain it – ACRR calls on Parliament
The African Centre for Retirement Research (ACRR), a non-profit policy research organisation, has called for an increase in the rate of Social Security and National Insurance Trust (SSNIT) contributions to sustain the operations of the scheme. The centre, which focuses on retirement and pensions, said “the recommended contribution rate (cost rate) necessary to sustain the…
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Government urged to review Rural Banks’ corporate tax rate
The Association of Rural Banks (ARB) has appealed to the government to review downwards the corporate tax rate of Rural and Community Banks (RCBs). Mr Kwame Owusu Sekyere, Acting National President of the Association, who made the appeal, said this would help strengthen the capacities of rural and community banks to live up to the…
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AGI challenges SMEs to adopt good business practices from inception.
The Association of Ghana Industries (AGI) has charged Small and Medium-sized Enterprises in the country to adopt good business practices from their inception. This according to AGI will enable such businesses to grow into formidable institutions in the future. The remarks were shared at the 10th AGI Ghana Industry and Quality Awards 2021 held over…
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Prez charges GIPC to attract investments for Ghana’s post-covid recovery
President Nana Addo Dankwa Akufo Addo has urged the Ghana Investment Promotion Centre (GIPC) to canvas for the right investments to support Ghana’s post-Covid 19 recovery agenda. “We are emerging from a challenging global situation, the pandemic of COVID-19, and GIPC, the principal investment promotion agency for our country, has an enormous task ahead of…