Category: Top Stories
-
#CitiBusinessFestival: MTN’s Richard Densu gives tips on ‘new tools for the post-covid workspace’
Senior manager in charge of enterprise for MTN and MTN Business, Richard Densu touched on the new tools for the post-Covid workspace on the Citi Business Festival on-air series on Thursday, June 9, 2022. He noted that as businesses adopt technologies that allow their employees to work remotely as part of the digitization efforts, it…
-
Akufo-Addo charges private sector to help with Ghana’s economic recovery
As the Ghanaian economy strives to rebound to pre-pandemic levels, the Government is urging the private sector to come up with innovative products and services to satisfy the needs of their markets. The remarks come at a time when businesses are complaining about the high cost of production in the country, which is affecting the…
-
Ghanaian products get more shelf space in leading supermarkets – Konfidants report
In the third edition of the Konfidants Made-In-Ghana survey of Ghana’s leading retail supermarkets, Ghanaian products in supermarkets saw a marginal increase. Across all 11 supermarkets considered, Made-in-Ghana brands constituted 31% of the 20 selected product categories, while foreign brands comprised 69%. The Made-in-Ghana share was 18% in the 2019 survey and 26% in the…
-
Inflation continues upward surge; hits 27.6%
Ghana’s inflation has soared again to hit 27.6 percent in the month of May 2022. This represents a four percentage points increase in the inflation rate compared to the 23.6 percent recorded in April 2022. On a monthly basis, inflation however dropped by one percent to record 4.1 percent in May 2022. This was captured…
-
#CitiBusinessFestival on-air series: Ismail Ibrahim unravels tax maze for SMEs
Deputy Managing Partner for Ali-Nakyea and Associates, Ismail Ibn Ibrahim shared tips on how SMEs can manage their tax liabilities in a presentation on the Citi Business Festival on-air series on Wednesday, June 8, 2022. Ismail Ibrahim noted that the tax conversation is a critical component of every business. “This is because the GRA or the state…
-
Absa Bank introduces first-ever QR code feature for ATMs
If you are an Absa Bank customer with a penchant for using the bank’s ATM, there’s a new feature on the machine that will make your life simpler and more convenient than before. For the first time in Ghana, customers can now withdraw money from any of Absa’s ATMs with the luxury of a digital…
-
Ticket prices to rise following B.A schedule change on Accra-London-Accra route
Stakeholders in the aviation sector are warning of a hike in ticket prices for passengers using British Airways on the Accra-London-Accra route following the reduction in the number of days that the airline flies to and from Ghana. The airline as a result of several factors including a shortage of staff has decided to cut…
-
Upward adjustment of tariffs won’t solve ECG’s challenges – Former Power Minister
Former Minister for Power, Dr. Kwabena Donkor has indicated that it will take more than a tariff adjustment to salvage the Electricity Company of Ghana (ECG) from its current financial woes. This comes on the back of proposals by ECG for an increment of more than 140% in tariffs to enable it to cover fully…
-
#CitiBusinessFestival: Digital transformation, key to survival of businesses in turbulent times – Taaka Awori
The Chief Executive Officer of Busara- Africa, Taaka Awori is admonishing businesses to be creative and innovative in their operations to rake in more revenue in tough economic times. The COVID-19 pandemic, which hit the world in the latter part of 2019, dealt a big blow to many medium and small-scale enterprises, affecting not only…
-
#CitiBusinessFestival: Industrialization key to resetting MSMEs after Covid-19 – GEA CEO
The Chief Executive Officer of the Ghana Enterprises Agency (GEA), Kosi Yankey-Ayeh has advised Micro, Small & Medium Enterprises (MSME) to place more emphasis on industrialising their operations. Speaking during the second live forum of the Citi Business Festival, Ms. Yankey-Ayeh said industrialisation is crucial to helping businesses bounce back from the adverse effects of…