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.
Category: Business
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.
Dangote to boost economic diversification with maiden clinker shipment
To reaffirm its status as the biggest cement producer in Africa, Dangote Cement has set the pace with the exportation of 27,800 metric tonnes of clinker to a neighbouring African country.
GH¢2.63bn ECG legacy debt cleared – ECG boss
The Managing Director for the Electricity Company of Ghana (ECG), Mr Kwame Agyemang-Budu, has indicated that the government has cleared its GH¢ 2.63 billion legacy debt owed the state entity.
Importers can’t bear the brunt of ICUMS/UNIPASS mess – GUTA
A new port clearing system that is expected to reduce clearance cost and time in line with the World Customs Organization’s Trade Facilitation Agreement is rather giving importers headache at the ports.