Tag: Ghana Business
-
Lake Bosomtwe is World Biosphere Reserve, Mole Park to follow
Ghana is hoping to pass the evaluation test to list the Mole National Park as a World Heritage Site. According to stakeholders, the complete listing of the facility will project Ghana ’s tourism prospects and attract huge investments into the tourism sector. The country’s permanent Delegate to UNESCO, H.E Johanna Odonkor Svanikier who disclosed…
-
Final DKM payments starts on December 14th – Official Liquidator
Payments for DKM customers who were validated manually are expected to commence on Wednesday 14th December, 2016. This is the assurance from the Principal Company Inspector for the Official Liquidator for DKM, Jones Nathaniel Ansah. According to him, the December 14th date was arrived at after the initial December 12 date was rescheduled. “The payment…
-
ADB fetches 326 million cedis from IPO
The Agricultural Development Bank (ADB) has raised about 326 million cedis in its Initial Public Offer (IPO). The bank was expecting to raise about 380 million cedis from the offer. A statement from ABD and copied exclusively to citibusinessnews.com indicated that, “the proceeds raised from the Offer was the sum of GHS325, 784,952.70 relative to…
-
Court adjourns NDK, Energy Ministry & Ahaman case to December 19
A commercial court has adjourned to December 19, hearing, of a contempt case by NDK Financial Services against the Chief Director and Principal Accountant at the Energy Ministry. Though the two had appeared in court, the lawyers for both parties agreed to a suspension of hearing to Friday, December 9, 2016. The motion, is seeking…
-
Small scale industries operate fully on Election Day
The Association of Small Scale Industries (ASSI) has assured its members will offer full services today, December 7, 2016. The association’s assurance follows assertions by some business operators that they will not be open for business today to enable them exercise their civic right. The ASSI comprises 15 trade associations including; Ghana National Tailors and…
-
Drone users must receive Police permit before flying – GCAA
The Ghana Civil Aviation Authority (GCAA) has clarified that its new directive on the use of drones is influenced by this year’s general elections. Per the new directive, drone users to secure a written permission from their respective District and Regional police stations before using the equipment. “Not at all, there is nothing to do…
-
![Business activities likely to halt as Ghana votes [Audio]](https://citibusinessnews.com/wp-content/uploads/2016/12/trade-1-1.jpeg)
Business activities likely to halt as Ghana votes [Audio]
As Ghanaians head to the polls tomorrow, concerns are being raised over the impact the general elections will have on business activities across the country. It is expected that the country’s productivity level will also reduce drastically due to the election tomorrow. Some sectors are expected to feel the impact more than others. In a…
-
Peaceful election crucial for business growth – GNCCI
The Ghana National Chamber of Commerce and Industry (GNCCI), has advocated peace before, during and after this year’s Presidential and Parliamentary elections. The Chamber contends that a distortion to the peace and stability will pose serious risks to businesses. “We should not take the peace and stability in the country for granted. The business community…
-
Appeals Court hears AG’s motion in NDK judgement debt case today
The Court of Appeal will today hear a case in which the Attorney General’s Department has filed for a motion of stay of execution in the case involving government and NDK Financial Services. The Court, last Tuesday granted a motion by the AG’s department to relist stay of execution. It followed the garnishee processes to…
-
Final DKM creditors’ list comes out on Tuesday – Official Liquidator
The long awaited list of validated DKM customers who have not received any payment of their locked up cash is to be released tomorrow, 6th December, 2016. This is according to the Registrar General’s Department who is the Official Liquidator for DKM Microfinance Company. According to the Official Liquidator, the list will be posted at…