Category: Top Stories
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MTN Ghana shareholders to get dividend of 11.5 pesewas per share for 2021
MTN Ghana has announced the payment of a final dividend of 11.5 pesewas per share to its shareholders for the 2021 financial year. The amount is made up of the interim dividend of 3.0 pesewas declared by the Board after reviewing the half year performance of the company plus a 8.5 pesewas on ordinary shares…
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Databank CEO bemoans bond buyers’ increased appetite for high interest rates
CEO of the Databank Group, Kojo Addae-Mensah, has bemoaned the overreaction of Ghanaian investors on the bonds market to high levels of inflation. The national inflation rate has risen to 23.6% as of April this year, from 8.5% in April of last year. The current rate is almost thrice the Central Bank’s 2022 target of…
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Ghana-Tanzania relations: Ghanaian businesses urged to expand to East Africa
The Tanzania High Commissioner to Ghana, His Excellency Dr. Benson Alfred Bana, has extended invitation to Ghanaian businesses to set up in the Eastern African country to give meaning to the African Continental Free Trade Area. According to the High Commissioner, Tanzania is well-positioned for Ghanaians who want to explore tourism and invest in Agriculture.…
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Bawumia calls for more AfDB support as African economies battle global challenges
Vice President, Dr. Mahamudu Bawumia, has urged the Africa Development Bank (AfDB) and the Africa Development Fund to offer more support to African economies in the midst of on-going global economic challenges. According to him, the AfDB has lived up to its billing of being at the forefront of the continent’s development, adding that the…
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Jobberman Ghana, TATC expand their services to include talent management
Unemployed youth in Ghana now have a better opportunity of not just finding jobs and growing their businesses, but harnessing their talents through learning and upskilling for their personal development. This is because Ghana’s leading online recruitment platform, Jobberman Ghana, and its mother company, The African Talent Company (TATC), have unveiled the ‘Unlocking the next…
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AfCFTA Secretariat secures US$1 billion investment for development in Africa
To strengthen the continent’s industrial development efforts and boost intra-African trade, the African Continental Free Trade Area (AfCFTA) Secretariat has successfully secured a one billion dollar investment from the African Export-Import Bank. This, according to the Secretary-General of the Secretariat, Wamkele Mene, is to ensure development in priority value chains in the various participating countries.…
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6th Ghana CEO Summit to focus on digital leadership for the digital economy
Its is Monday the 30th of May, 2022. All roads lead to Kempinski Hotel Gold Coast City in Accra for the 6th edition of the Ghana CEO Summit, the foremost business conference for CEOs, heads of state, entrepreneurs, business leaders, board members, investors, directors-general, ambassadors, ministers of state, consultants and policy makers who are committed…
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We want Ghanaians to own 30% of MTN Ghana shares by end of 2022 – GROUP CEO
Group CEO of leading telecommunications company MTN, Ralph Mupita has revealed the network’s goal of further localizing the company by having Ghanaians own at least 30% of MTN shares in the country by the end of this year. The telecom company concluded its Initial Public Offering (IPO) in August 2018, selling over 1.5 million shares…
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Ghana’s 2022 economic outlook to remain positive; GDP projected to grow by 5.3% – AfDB report
With a projected growth rate of 5.3%, the African Development Bank is forecasting a positive economic outlook for the Ghanaian economy this year. According to its 2022 Economic Outlook Report released at the Bank’s ongoing Annual Meeting in Accra, it is however expecting a slight drop in the rate at which the economy grows. The…
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COCOBOD closes purchases for 2021/2022 main crop cocoa season
This year’s main crop cocoa season has been closed from today, Thursday, May 26, 2022. “It is hereby notified for the general public’s information that purchases for the 2021/2022 Main Crop Season will close on Thursday, 26th May 2022,” a statement from the Ghana Cocoa Board (COCOBOD) noted. Ghana’s cocoa season runs two cycles consisting…