business

Cocoa companies fail on pledge to stop Africa deforestation

Major chocolate companies have failed to keep a promise they made a year ago to stop forests in West Africa being destroyed for cocoa production, a campaign group said on Friday. Companies from Mars to Hershey to Barry Callebaut joined the governments of Ivory Coast and Ghana to launch the Cocoa and Forests Initiative last year, pledging to eliminate the ...

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Let’s Improve Safety Compliance on highway-VVIP Bossq

The Inner City Tribal Chief President who double too as CEO for Sungtaaba VVIP Transport Limited Chief Mohammed Sungtaaba noted that need to implement the Compliance Safety and Accountability program has  seven Behavior Analysis and Safety Improvement Categories (BASICs) for motor owners and drivers that are intended to improve highway safety. He hinted that his company Trucking Safety Series by ...

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BANK OF GHANA MAINTAIN POLICY RATE AT 17 PERCENT

Bank of Ghana has maintained the policy rate at 17 percent after its 84th meeting.This is the second consecutive time that the bank has maintained the policy rate. Addresing the media at a press conference, Dr. Addison indicated that the decision to hold the figure at 17 percent is aimed at helping the country achieve its inflation target by end ...

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Ghana Trade Fair Company To Host Grand Sale Event in Accra.

Ghana Trade Fair Company Limited is set to host the biggest indoor and outdoor sales event in Ghana. The event is expecting hundreds of exhibitors to participate in this year’s Grand Sales. The main purpose in organizing this Fair is to bring buyers and sellers together to do business, network and have fun by clearing old and outstanding stock and ...

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UMB signs off $11 Million Factory Project under Government’s 1D1F Initiative

A leading financial services Universal Merchant Bank (UMB) the groundbreaking signing ceremony for the first ever One District, One Factory project financed by a private financial institution under the government’s flagship One District, One Factory Initiative. Under the arrangement, UMB Bank, through the UMB PPP Incubator Centre, is providing a credit facility to the tune of USD 10.7 million to ...

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KRIF GHANA LAUNCHES NEW BUSINESS AND MAGNER MONEY BRANDLING MACHINES FROM AMERICAN

Krif Ghana limited, a leading dealer in superior office stationery and equipment has launched business and money handling machines from two of America’s best companies; Fellowes Business Machines and Magner Corporation. Some of the newly launched products include Fellowes commercial shredders useable by 5 or more people, small office shredders, as well as personal shredders for office or home. Currency ...

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ONE-MONTH BAN ON FISHING FOR GHANA’S OWN GOOD.

It is common knowledge that the fishing industry in Ghana faces numerous challenges. The use of light aggregating device in fishing, dangers posed by foreign vessels in the operation of pair trawling, use of unapproved methods such as use chemicals like DDT and carbides, as well as dynamites and other explosives for the purpose of rendering fish easily are enigmas ...

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2018 MULTI-SECTOR INTERNATIONAL EXHIBITION FAIR LAUNCHED

A multi-sector international exhibition has been launched in Accra on 25th July, 2018, to bring together various players across the globe who are interested in African market and as well as to learn about business opportunities in Ghana. Launching the exhibition which is scheduled for September 6 – 8, at the Ghana International Trade Fair, Prince Hari Crystal, the Managing ...

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BANK OF GHANA MAINTAINS POLICY RATE AT 17 PERCENT

The Monetary Policy Committee of the Bank of Ghana kept its benchmark interest rate unchanged at 17 per cent, citing short-term pressure on emerging economies, Dr. Ernest Addison, Governor of Bank of Ghana stated. Addressing a press conference on Monday July 23 in Accra, Dr. Addison said the normalisation of US monetary policy, resulting in strengthening of the US dollar ...

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ReZultz Advertising partners M&C Saatchi Africa to help boost its operations across Africa

M&C Saatchi Africa has taken another giant step by signing of an agreement with ReZultz Advertising to be its affiliate in the Ghanaian market.   ReZultz Advertising will complement M&C Saatchi’s operations across Africa by offering bespoke integrated marketing solutions including advertising, digital and brand strategy. ReZultz Advertising has more than ten (10) years of advertising experience in Ghana managing ...

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MTN Ghana To Commission Ultra-modern Maternity Block for Tema General Hospital

Ghana’s leading telecommunication giant, MTN is set to commission a 40 bed capacity maternity block for Tema General Hospital on 20th July, 2018. This   ultra-modern maternity block constructed for Tema General Hospital worth is 6 million Ghana cedis. The Gh₵6 million project which was awarded to a construction firm, Brushwell Associates Limited commenced work on 9th November 2016. The facility, contains a 20-bed, first stage ...

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Presidential Pitch: Gov’t To Dole Out GH₵ 50,000 Each To 10 Businesses

The President of the Republic, Nana Addo Dankwa Akufo-Addo, has launched a business ideas competition, dubbed the “Presidential Pitch”, aimed at realizing Government’s ambition of helping to unleash an entrepreneurial revolution in the country. According to President Akufo-Addo, the country has not done so well incubating business ideas and developing them into global giants, even though there are lots of ...

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MTN Ghana Launches Initial Public Offering

MTN Ghana, the leading Mobile telecommunications network provider has embarked on another benevolent exercise this by disposing  of 35 per cent of its shares to Ghanaians by June 2018. On 20th April, 2018, it received all required regulatory approvals to proceed with the IPO. CEO of MTN Ghana, Ebenezer Asante, said: “We have worked diligently to complete all regulatory requirements to enable ...

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Homeshopp: Ghana’s Finest Online Grocery Supermarket Launched

An online grocery supermarket called”Homeshoppa” has been launched in Accra to offer quality and convenient shopping to all and sundry in Ghana. Homeshoppa will also go long way to create more jobs for the youth and also support local market women. Speaking at launching ceremony in Accra, the Chief Executive Officer of Homeshoppa, Claire Staal, noted that the unveiling of ...

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”OKADA”BUSINESS AFFECTING COMMERCIAL TRANSPORT .

Commercial motorcycle riders popularly known as ‘okada ‘are having a field day in the national capital, where heavy vehicular traffic is common .The traffic starts right from the morning, normally referred to as the“ rush hour” when most commuters leave home to transact their businesses .It is the same from 5pm when most commuters are returning home after a hard ...

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ITEL Releases New Flagship A32F and P32

Itel, a leading mobile device manufacturer in more than 20 countries globally, released the new flagship A32F mobile phones on 18th, May 2018 in Ghana. Designed to appeal to professional and personal lifestyles of tech-enthusiasts through the perfect configuration of advanced hardware and software. Best described by the moniker “THE A32f achieve the ultimate professional photo experience. 5MP rear The ...

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MTN and aYo,Ghana Launches Recharge micro insurance product to enhance healthcare in Ghana

MTN Ghana in partnership with aYo has taken another giant step by launching an innovative micro-insurance product dubbed: “aYo Recharge With Care” in Accra. aYo Recharge with Care to MTN Mobile Money transfers means that, in the unfortunate event of your passing or should you be hospitalised for a night or more, aYo will pay triple the amount you sent ...

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Springboard Roadshow kicks off in Accra

The 2018 Springboard Roadshow, which is a nationwide tour that provides personal development, coaching and mentoring, kicked off last Saturday in Accra The programme is an initiative of the Springboard Roadshow Foundation, in partnership with Legacy@Legacy and supported by MTN, Ecobank, FirstBanC, Enterprise Life, Persol Systems and Databank. The theme for this year’s event is: “Leveraging Strategy and Technology.” Millions ...

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Fidelity Bank Owes Me Over Ghc4,000,000.00; I Have No Medium-Term Loan Agreement With The Bank-Landlord Claims

The Chief Executive Officer (CEO) of Mecham Group of Companies, Mr. Isaac Acheampong’s attention has been drawn to a rebuttal of Fidelity Bank in connection with a publication carried out by The Chronicle regarding Rent Arrears on February 20, 2018. In the rebuttal of Fidelity Bank to The Chronicle newspaper published on Monday March 5, 2018, the lawyers of the ...

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MTN awards loyal customers in ‘Taking Over Promo’

One of the country’s leading mobile telecom network, MTN Ghana, has, rewarded over 22 customers with Samsung S8 smartphones , IPhone 8,4G Y5 handsets, cash prizes, and Hyundai cars in the first edition of the ongoing ‘4G Taking Over Promo’. The MTN ‘4G Taking Over Promo’ is a five-month promotion which started in January 2018 and will end in May ...

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Make More Money While at Your Usual Job.

Selling online has never been easier. Most people make the mistake of setting up an e-commerce website even when they have zero online presence. Such sites end up not seeing the end of the day. However, if you choose to sell your product on Jumia, you’re not only exposing your business to over three million daily visitors, you’re encouraging patronage ...

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Debt stock hits GHC138.8 billion as of November 2017

The country’s total debt stock reached ¢138.8 billion as of November 2017 according to the latest Bank of Ghana economic and financial data report. Breakdown of the debt numbers The report released Friday showed that the debt went down marginally from ¢138.9 billion in September as compared to ¢138.8 billion in November. However, the Central Bank’s data showed that from ...

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Jumia Ghana Plans To Celebrate Valentine In a Grand-Style.

For many who understands the season of love, Jumia wants to let you know that love is much sweeter when shared. As a result, Jumia Ghana is pleased to share those special moments with you this season by giving you discounts to buy the love-sharing gifts for your valentine. Jumia says you don’t have to spend much to be appreciated. ...

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Nominations Open for West Africa Business Excellence Awards 2018

KN Unique  Communications has taken another giant step by collaborating with Strategic Accountancy Africa, and West Africa Chamber of Commerce and Industry to award gallant companies and individuals who played a tremendous roles towards the development of various sectors in West Africa Region. The award categories cut across various sectors in the West African business region including, Insurance, Investment and ...

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INFINIX UNVEILS IT’S LATEST GADGET ZERO 5 IN GHANA

Infinix Mobility, which is one of the fast-growing technology brand,  has released their latest gadget called  Infinix Zero 5, unto the smartphone market.   Zero 5 marks Infinix Mobility’s entry into the dual back camera phones market with the back camera proving to be a must-have feature in smartphone going by the latest trends. The event styled under the theme ...

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Trade Account Records Surplus

Ghana’s trade account recorded a surplus of $646.1 million, representing 1.4 percent of GDP, compared to a deficit of $2.0 billion (4.7 percent of GDP) over the same period last year. According to the Bank of Ghana (BoG), the significant improvement in the trade account, based on latest estimates of trade data in the year to October 2017, was attributable ...

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Asamoah Gyan obtains license to operate airline

Black Stars captain, Asamoah Gyan, has obtained a license from the government of Ghana, to operate an airline in the country. The airline, Baby Jet Airlines, is expected to commence operations soon. Related Stories Aviation Authority cracks whip on non-compliant airlines This was announced by President Akufo-Addo at the 2017 African Airshow at the Kotoka International Airport. Reports suggest that ...

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Gov’t Maintains Cocoa Producer Price

The Government has announced that it will maintain the producer price of cocoa for the 2017/2018 crop season despite the sharp decline in the price of cocoa on the world market. The price of a tonne of cocoa on the world market has witnessed a dramatic decline from about $3,000 to about $1,900, a 10-year low. Food and Agriculture Minister, ...

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Tony Elumelu Foundation (TEF) Wraps Up 2017 TEF Entrepreneurship Forum

The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to supporting entrepreneurship, concluded its 3rd annual TEF Entrepreneurship Forum on 14th of October 2017 in Lagos. The Forum hosted more than 1,300 participants from 54 African countries. The most diverse and inclusive gathering of African entrepreneurs on the continent, the Forum continued its strong tradition of showcasing innovation across sectors, including Agriculture, Technology, Healthcare, Fashion ...

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YEA to create more job opportunities

As part of its effort of beautifying Ghana and also providing decent jobs to the youth in the country Youth Employment Agency(YEA) in collaboration with Department of Parks and Gardens has launched an initiative christened : “Youth In Greening Ghana Module”. Speaking at the launching ceremony in Accra, the Chief Executive Officer of Youth Employment Agency(YEA) Mr. Kobina Beecham, noted ...

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Infinix Releases New Flagship ZERO4 and ZERO4 Plus

Infinix, a leading mobile device manufacturer in more than 20 countries globally, released the new flagship ZERO4 and ZERO4 Plus mobile phones on 18th, Nov. in Ghana. Designed to appeal to professional and personal lifestyles of tech-enthusiasts through the perfect configuration of advanced hardware and software. Best described by the moniker “THE PRO”, Zero4 and Zero4 Plus achieve the ultimate ...

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Komenda Sugar Factory to restart production but…

The Komenda Sugar Factory will start production on Tuesday, November 29, although it would take up to a week to start the actual production of sugar. Management of the company says it would require about 185,000 metric tons of sugar cane to produce for the next one year’s production cycle. However, the $35.5 million company is sure of the availability ...

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Jumia Black Friday: To Boost e-commerce ecosystem

  A part of its effort of boosting the e-commerce ecosystem which connects the consumers and retailers from the comfort of their homes Jumia Ghana has taken a judicious step by bringing back ‘Jumia Black Friday.’ According the Managing Director of Jumia Ghana, Ore Odusanya this year, Jumia Black will bring to our customers great deals and best of customer ...

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