Category: General
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Ghanaians urged to recharge digitally as scratch cards are phased out
Leading mobile telecommunication network says the reduction in the volume of its recharge cards is in line with their strategy to go largely digital. The pronouncement comes on the back of complaints by vendors and the general public about the shortage of MTN recharge cards otherwise known as scratch cards on the market. As of…
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Patience Akyianu joins Hubtel as non-Executive Director
Award-winning banking, finance and insurance executive Patience Akyianu has joined Hubtel as a Non-Executive Director. Hubtel is one of Africa’s fast-evolving fintech-shopitality platforms and the largest messaging service provider with operations in Ghana and Kenya. The company has been expanding in innovative ways focused on helping retailers sell and deliver to nearby communities. In August…
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Ghana’s debt stock rises to nearly 75% of GDP, as COVID-19 expenditure grows
Ghana’s debt situation continues to deteriorate as shown by new figures released by the Bank of Ghana. Total public debt stock at the end of November 2020 rose to GH¢ 286.9 billion representing a year-on-year increase of 33.69% over the total public debt stock recorded at the end of November, 2019, adding more pressure on…
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![Stationery retailers enjoying gradual sales boom following schools reopening [Video]](https://citibusinessnews.com/wp-content/uploads/2021/01/stationery.jpg)
Stationery retailers enjoying gradual sales boom following schools reopening [Video]
After experiencing lacklustre sales for close to a year, businesses in the stationery value chain have begun witnessing a slow rise in patronage following the ongoing reopening of schools across the country. The businesses however insist it will take time before they are able to record pre-COVID level of sales. Citi Businesses News hit the…
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Austin Gamey calls for strategic investment of SSNIT funds for better yields
A labour consultant, Austin Gamey has called for better investment of funds contributed to the Social Security and National Insurance Trust (SSNIT), in order to ensure better yields and better payouts to Ghanaian workers. The comment follows an announcement by SSNIT that monthly pensions for 2021 have been adjusted upwards by 10 percent. According to…
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ECG blames issues with its prepaid system on faulty meters
The Electricity Company of Ghana’s (ECG) has blamed the current challenges it is experiencing with servicing its prepaid customers on technical faults with some of its meters as well as poor communication between some of its smart meters and servers. In a statement released by the power distribution company, ECG disclosed that some meters which…
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Cost of political adverts on social media to rise by 200% in next election – Maximus
A digital marketing strategist, Maximus Ametorgoh says the amount of money invested in political advertising on social media platforms such as Facebook will increase by 200% percent in the next election season. This comes after political parties spent over GHS1.3 million on Facebook political ads between August and December this year to boost their chances…
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Jobberman leads job seekers onto desired career paths with educational drive
A campaign to highlight the potency of Jobberman Ghana’s seeker and matching systems has been announced. Jobberman Ghana, the trusted name in recruitment, job placements and complete human resource solutions has announced that they are starting a drive to drum home how job seekers can take advantage of its varied suite of tools that match…
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Stay away from NAM1’s new land deal – Menzgold customers cautioned
The over 60,000 customers affected by the ongoing Menzgold saga are being cautioned against accepting a land deal being offered by CEO of the company, Nana Appiah Mensah. Leadership of the affected customers had earlier described the land deal as a second attempt by Appiah Mensah to defraud customers. Since 2018, Menzgold has struggled to…
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NDC will establish a Renewable Energy Authority if voted into power – John Jinapor
The National Democratic Congress says it will establish a Renewable Energy Authority as part of its efforts towards achieving the country’s plan on green energy. Speaking at the Energy Manifesto Dialogue organised by the Institute of Energy Security, former deputy Energy Minister, John Abu Jinapor said the NDC’s plan of establishing a Renewable Energy Authority…