Scrap Taxes On Medicines
The Chamber of Pharmacy Ghana, has called for the removal of the current taxes on medicines, which are contributing to the current increases in prices of the commodity and threatens quality health...
Category: Business
Mantrac Ghana Sacks 70 Workers
Mantrac Ghana has terminated the appointment of 70 of its workers which will take effective from Thursday 25th August, 2016 without prior notice to them. The termination letter, signed by Kingsley J....
Banks Should Prepare For Bigger Businesses
Former Chief Executive Officer of Ecobank Transnational Incorporated (ETI) has challenged Ghanaian Banks in the country to prepare themselves for bigger businesses across the nation. The banking...
Government To Issue GHC25.3bn Between August & December 2016
Government has announced plans to issue an estimated 25.3 billion cedis between August and December this year. Of the amount, 23.8 billion cedis is expected to be used to rollover forecast maturities...
Government Using Statutory Funds As Collateral – Analyst
An energy analyst, Ishmael Edjekumhene, has accused government of using statutory funds as collateral for borrowing and deferring expenditure to justify that it will not overrun its 2016 budget....
Bank of Ghana To Establish Deposits Protection System
The Bank of Ghana (BoG) in collaboration with the German government is to set up a deposit protection system to help ensure protection for depositors. This system is also to enhance the safety of the...
Investors Urged To Take Advantage of Opportunities In C/R
The Central Regional Chapter of the Ghana Chamber of Commerce and Industry has urged local and foreign investors to take advantage of the agriculture and tourism opportunities and invest in the...
Guinness MD Calls On Government To Develop Empowering Policies For Industry
Managing Director of Guinness Ghana Breweries Limited (GGBL) has called on government to create an enabling environment for businesses to drive economic growth. Francis Agbonlahor says as a...
Banks’ Deposits Increase To GHC42.3 Bn In 2015 – PwC
The total deposits for commercial banks in the country increased to 42.3 billion cedis as at the end of December 2015. The figure increased from 36.2 billion cedis in the previous year, representing...
Wa Airstrip To Be Ready For Commercial Flight In September
Contractors working on the Wa airstrip say the facility will be ready next month for a commercial flight to start operation. Skill Link limited was awarded a six-month contract to give a facelift to...
UniBank Is Best Corporate Responsibility Bank
uniBank has been adjudged the best local bank in Corporate Social Responsibility at the 2016 Ghana Banking Awards. The 15th edition of the Ghana Banking Awards was held at the Kempinski hotel in...
Mobile Money No Threat To Banks
The advent of money transfer by means of cellular phones poses no danger to the survival of traditional banks, founder of UT Holdings, Kofi Amoabeng, has stated. Contrary to talk that the service...
Ghana To Receive Support From British Aviation Sector
Ghana’s aviation industry is to attract stronger support from the British aviation sector to help accelerate the government’s objective of making the country an aviation hub in West Africa. Ghana...
Fidelity Bank Is Bank of the Year 2015
Fidelity Bank beat competition from 27 other local and international banks to pick up the coveted prize. The bank was also adjudged the Best in Corporate Social Responsibility and Best Trade Deal....
Transport Ministry Meets Shippers Over THC Again
The Transport Ministry is set to meet with shipping companies over the charging of Terminal handling fees at the ports on goods imported into the country. The meeting which will be at the behest of...
NVTI Boss Calls For Re-Branding of Technical Vocational Training
A call has been made to re-brand Technical Vocational Education Training (TVET) as it has the potential of employing young professionals, job seekers and reshape current workers. Mr Stephen Amponsah,...
GUTA Castigates Government Over Foreign Invasion of Retail Trade
The Ghana Union of Traders Associations (GUTA) has castigated government for not showing enough commitment to fighting the influx of foreigners taking over retail business in the country....
‘Dumsor’ Affected UT Bank – Amoabeng
The erratic power supply situation that Ghana suffered for almost four years affected several businesses including UT Bank, Prince Kofi Amoabeng, founder of UT Holdings, has said. Speaking in an...
Mobile Money Value Tops GHC679.2million In June
Total mobile money float balance at end of June 2016 stood at GHC679.2million compared to GHC341.3 million in 2015, according to Bank of Ghana data. During the same period total number of registered...
We Are Not Fighting For Ourselves
Workers of the Electricity Company of Ghana (ECG) in Tema have debunked assertions that they were fighting against the planned concession of the Company due to selfish reasons. They replied their...