Category: General
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Lucy Quist gets top appointment at Morgan Stanley
International Business Leader and author of The Bold New Normal, Lucy Quist has been appointed as a Managing Director and Head of Change Leadership at Morgan Stanley. Lucy was recently the Vice President of the FIFA GFA Normalisation Committee. Breaking barriers and changing narratives is Lucy’s forte; in 2014, she made headlines as the first…
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2018 Best National Farmer to appear on #CitiCBS as part of Citi Business Festival launch
The 2019 Citi Business Festival starts today with a launch on Citi FM later this morning. The most anticipated business festival in Ghana will start with an interview on the Citi Breakfast Show (CBS) with the 2018 Best National Farmer, James Boateng. The interview, which will be held #CitiCBS will be on the theme “Switching…
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2019 Citi Business Festival starts today
The most anticipated business festival, the Citi Business Festival will be launched on the Citi Breakfast Show (CBS) on Citi FM later this morning. The launch will also feature an interview with the 2018 National Best Farmer, James Boateng. The Citi Business Festival is a month-long on air and outdoor event programmes held annually in…
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Unilever Ghana records 297 percent growth in profit
Unilever Ghana Limited recorded a profit after tax of GH¢191 million in 2018, which represents more than 297 percent growth over the GH¢48 million recorded in 2017. In line with the performance, the board of the company recommended paying a dividend of GH¢0.80 per share from the 2018 profits, amounting to a total of GH¢50,000,000,…
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Under-declaration of goods declines with single window platform — GRA
The Ghana Revenue Authority has stated that the issue of under-declaring goods at the ports has reduced drastically following the use of the single window platform. The GRA also adds that compliance level at the ports has increased due to implementation of the policy which aimed at coordinating activities at the ports. This was revealed…
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Business Dev’t Ministry partners with Spanish firm to train 2,000 entreprenuers
The Ministry of Business Development has partnered with the Institute for the Creation and Development Enterprise (INCYDE) in Spain to provide training for entrepreneurs in Ghana to acquire skills to compete on the global market. The agreement which was signed in September last year, seeks to support the government’s vision of a Ghana beyond aid…
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Nexans Kabelmetal unveils US$800,000 extrusion line
Local manufacturer of electrical cables, Nexans Kabelmetal, has unveiled a US$800,000 extrusion line while reiterating its commitment to producing quality electrical cables in response to the sub-standard cables which have flooded the Ghanaian market. The Ghana Standards Authority has in recent years moved descended heavily on substandard cables saying that their use could potentially lead…
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Air Namibia suspends Accra-Lagos-Windhoek route over diplomatic row
Air Namibia has suspended its Accra-Lagos-Windhoek route over what appears to be a diplomatic row between Nigeria and Namibia which has led to passenger numbers dropping significantly. The suspension which took effect on Friday, May 24, 2019 was communicated to all staff, a source told Citi Business News. Air Namibia launched the route Windhoek –…
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SMEs urged to pay employees on maternity leave from pension contributions — HR Expert
A Human and Industrial Relations Expert, Rose Karikari Annan, is advocating for government to allow small and medium firms to use part of pension contributions of their employees to pay their maternity leave. She argues that some of the firms are unable to pay their female employers when they proceed on maternity leave due to…
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Fourth Ghana CEO Summit opens in Accra
The Fourth Business Chief Executive Officers (CEOs) Summit opened in Accra on Monday to explore the capacity of the ongoing technological revolution to transform the Ghanaian economy. The two-day Summit, which attracted more than 400 CEOs from across Africa, is being hosted by the Ghana CEO Network on the theme: “The Futuristic Economy: Technology-Driven…