Restrictions that were placed on tourist sites and drinking spot in Ghana have now been lifted. The President of the Republic, Nana Addo Dankwa Akufo-Addo, who announced this in his 14th update on the novel Coronavirus (COVID-19) to Ghanaians on Sunday, July 26, 2020, said operators of such businesses can now open for the public to […]
Category: Business
We’ve spent GH₵4.7bn on questionable power deals and kept the lights on – Finance Minister
The Minister of Finance, Ken Ofori-Atta has revealed that for the past three and half years of the administration of the President, Nana Addo Dankwa Akufo-Addo, the country has spent in excess GH₵4.7billion in the power sector.
Euromoney names Ecobank Group Africa’s best bank for corporate responsibility
The leading pan-African banking group, Ecobank, (www.Ecobank.com) has won the coveted prize of Africa’s Best Bank for Corporate Responsibility in the Euromoney Awards for Excellence 2020.
MTN Ghana Foundation donates PPEs, PCR machines and COVID-19 test kits to National COVID Trust
MTN Ghana Foundation has donated 44,000 Personal Protective Equipment, four (4) Polymerase Chain Reaction (PCR) Machines and Test Kits to the National COVID Trust.
Ecobank Group appoints Alain Nkontchou as Chairman
The leading pan-African banking group, Ecobank, has announced the appointment of Mr Alain Nkontchou, a Cameroonian and Independent Non-Executive Director since 2015, as Board Chairman of its holding company, Ecobank Transnational Incorporated (ETI), with effect from June 30, 2020. In accordance with ETI’s Articles of Association, Mr Emmanuel Ikazoboh, a Nigerian, ended his six-year tenure […]
COCOBOD shuts down as some staff members test positive for COVID-19
The management of the Ghana Cocoa Board (COCOBOD) has announced that some of its staff members have tested positive for the novel Coronavirus (COVID-19).
ECOWAS nominates Dr. Ngozi Okonjo-Iweala for WTO Director-General post
The Economic Community of West African States (ECOWAS) has nominated Dr. Ngozi Okonjo-Iweala, for the position of Director-General of the World Trade Organization (WTO) for the period 2021-2025.
Paypal Plans to Roll Out Crypto Trading and Storage
On June 3rd of this year, Paypal posted a job opening for a Blockchain Research Engineer. The description calls for responsibilities like “Leading discovery for use cases that can further PayPal’s understanding of blockchain and specific blockchain implementations.”
COCOBOD, AfDB celebrate first $200m syndicated loan disbursement
Ghana Cocoa Board (COCOBOD) and lenders have welcomed the first disbursement of $200 million of a syndicated loan facility to boost cocoa productivity in the world’s second-largest producer.
MTN Ghana sues gov’t over attempts to reduce its market share
MTN Ghana has informed its stakeholders that the company was formally notified on June 9th, 2020 of the National Communications Authority’s (NCA) decision to declare MTN as a Dominant/Significant Market Power (SMP).
NPP saved GIHOC from total collapse – Kofi Jumah
The CEO of GIHOC Distilleries Company Limited, Mr. Maxwell Kofi Jumah, has hailed the NPP administration, led by President Nana Addo Dankwa Akufo-Addo, for saving the company from total collapse.
License revocation: Appeals Court dismisses BoG appeals case against GN Savings
The Court of Appeal on Monday, June 22, 2020 dismissed an application from the Bank of Ghana (BoG), which was challenging the jurisdiction of the High Court over the revocation of GN Savings operating license.