Category: News
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Festus Tettey is new Promasidor Ghana Limited CEO
Promasidor Ghana Limited has announced the appointment of Mr Festus Tettey as the new Chief Executive Officer (CEO) of the company effective January 1, 2019. Mr Tettey succeeds Mr Dirk Laeremans who has been CEO of Promasidor Ghana since 2014. According to a statement issued by Promasidor, Mr Tettey previously served as a Commercial Director of…
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Vodafone to roll out 4G services in April next year
Customers of Vodafone should expect to have access of the telecom operator’s 4 G service by April next year. This is according to the company’s CEO, Yolanda Cuba. The assurance follows the winning of the 2 by 5 Megahertz frequency spectrum block for mobile services by the company. A statement from the NCA to Citi…
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Brussels airlines commits to Ghana operations
Brussels Airlines has announced its commitment to expand and improve its services in the country following high demand resulting from growth in the economy. Ghana Country Manager for Brussels Airlines, Rita Macedo said Brussels airlines had already increased its frequencies from four to six flights in June this year; and now decided to continue operating…
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4G license to improve digitisation agenda – Vodafone
Vodafone Ghana has officially reached an agreement with the National Communications Authority (NCA) for the purchase of one slot of the 2×5MHz frequency spectrum in the 800MHz band for mobile services. The slot, purchased at the cost of US$30million, was awarded to Vodafone following successful financial negotiations with the NCA, in line with the Authority’s…
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Karpowership donates to Osu Children’s Home during Xmas
Karpowership Ghana Company has donated items worth over GHS20, 000 to the Osu Children’s Home towards the celebration of Christmas and the upkeep of the children in the Home. The items which were donated included toiletries, gallons of oil, bags of rice, cartons of milo, milk, drinks biscuits, and other food items. Karpowership Ghana’s Corporate…
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Vodafone secures 4G spectrum
Vodafone has won one of the 2×5 MHz frequency spectrum block in the 800 MHz Band frequency spectrum block for mobile services. By this, Vodafone should be providing 4G services for its clients soon. A statement from the NCA to Citi Business News confirmed the acquisition. “The National Communications Authority (NCA) announces for the information…
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The Accra Bourse: The highs and lows of 2018
The bullish performance of the Accra Bourse in 2017 led most analysts to predict a continuation of the trend on the back of favorable economic indicators expected in the year 2018. Stability of the cedi, lowering of interest rates, declining inflation, stable power supply, amongst others are some of the reasons given for the positive…
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Ivorian cocoa farmers hope for more rain as dry winds advance
Farmers in Ivory Coast’s cocoa-growing regions said on Monday that more rain was needed to sustain the October-to-March main crop, as dry Harmattan winds descended further into the country last week. Ivory Coast, the world’s top cocoa producer, is in the dry season, which runs from November to late February. Harmattan winds sweep in sand…
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The Concept of Open banking: a critical juncture for the finance industry
Flying across the world for pleasure or business has become so common today that it’s almost like taking a bus. There are seamless connections for passengers and baggage from almost anywhere to anywhere, it’s an efficient and affordable means of travel and were it not for the painful security and immigration protocols, it may almost…
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Energy Ministry opens prequalification application for oil blocks
The Ministry of Energy has opened applications for prequalification from interested companies for the oil blocks the government has put up for competitive bidding. The application is opened to who submitted Expression of Interest (EoI) for the competitive bidding for three Blocks (GH_WB_02, GH_WB_03 and GH_WB_04) in the Western Basin and direct negotiations in respect…