BUSINESS

Top 10 factors that cause business failures in Ghana

When businesses fail, people lose their jobs, taxes decrease, the economy goes down, crime rate goes high and the citizens of the country suffer. But what factors that cause business failures in Ghana? As a leading business management software provider to Ghanaian businesses, we at Multisoft Solutions Limited want to …

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5 reasons why AI could be the future of finance

The role of the Chief Financial Officer (CFO) has expanded beyond the traditional gatekeeper to financial resources, chief accounting officer and head recordkeeper. Today, CFOs in the digital enterprise are enablers of growth and strategic advisors to the CEO. Accenture research shows that 80% of CFOs see identifying and targeting …

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NIC makes move to insure imported goods

The National Insurance Commission (NIC) has disclosed that all goods imported into the country will be insured following the signing of the Cargo Insurance Company. The agreement was signed by the National Insurance Commission, Ghana Shippers Authority and the Ghana Revenue Authority. According to the NIC, the contract was necessary …

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NDC challenges 2020 polls results at Supreme Court on Dec. 30

The National Democratic Congress(NDC) says it will go to court on Wednesday, December 30, 2020, to start the process to challenge the Presidential and Parliamentary election results. This was disclosed by the Member of Parliament(MP) for South Dayi constituency and a member of the Legal team of the NDC Rockson-Nelson …

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Reduction in UK aid: Implication for ‘Ghana Beyond Aid’ agenda

Ghana has benefited from international aid to promote economic and social development to improve the standard of living and alleviate poverty in the country. Aid funds from international donors have been used to pursue infrastructural and social projects geared toward improving the livelihoods of citizens. In 2018, the country declared …

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Ignore fake video, Akufo-Addo is the president elect – EC reiterates

The Electoral Commission has reiterated that Nana Addo Dankwa Akufo-Addo is the president-elect in the just-ended polls. This was contained in a statement following the spread of a doctored video on social media in which Jean Mensa declared John Dramani Mahama as the President-elect. The commission has called on Ghanaians to ignore the video as it …

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Family of Krontihene who died in a hotel with lover visit police

The family head, widow and children of 70-year-old Eric Osei Ansere, Krontihene of Akim Chia near Ofoase in the Eastern Region have visited the police. They were taken to St Joseph’s Hospital morgue where the second son identified the deceased body as that of his late father. Sources reveal to MyNewsGh.com that …

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Goldstreet Business Editorial: Chocolaty musings

What’s Christmas without feasting on chocolates and smearing the festivity with generous helpings of chocolate liquor, cocoa solids and cocoa butter! Chocolates, particularly “bitter chocolates” are in vogue across the globe but the prefix therein should cease to be the adjective that defines a cocoa farmer’s life with respect to …

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Election 2020: Dumelo returns to farming after conceding defeat

Actor John Dumelo has revealed that he is going back to farming after conceding defeat in the just-ended parliamentary election to the Member of Parliament to Ayawaso West Wuogon(AWW) Lydia Seyram Alhassan. John Dumelo after Lydia Alhassan had been declared the winner of the Ayawaso West Wuogon contest wrote to the …

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Rooney’s son, Kai Rooeny, signs for Man Utd

The pride of every father is to see his son long to become like him, especially when the path the father took was a good one. The same could be said of Wayne Rooney and his son as his son, Kai seeks to step in his father’s shoes by signing …

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Ghana’s economy on a steady rebound – BoG Governor

Dr Ernest Addison, the Governor of the Bank of Ghana (BoG), has given an indication that Ghana’s economy is on a steady rebound with indicators pointing towards pre-pandemic levels. According to the BoG, their survey on consumer confidence suggests that the economic activity in the country has started picking up in some dormant …

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Cocoa Processing Company Limited to increase its production

Kwaku Owusu Baah, Board Chairman of the Cocoa Processing Company Limited, says the Company is now better placed to retool and rehabilitate its obsolete plant and machinery to fully increase its production and consumption base. This he said would enable them to have full access to its processing lines and …

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Shatta Wale meets up with Hajia Bintu for an upcoming project

Popular Ghanaian musician, Shatta Wale and Ghana’s most sought after social media sensation, Hajia Bintu, have met for the first time at the former’s mansion in Accra for an upcoming feature. From what zionfelix.net has picked up, this meeting between Shatta Wale and Hajia Bintu was not for pleasure but strictly business. According to …

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3 killed and 5 children injured in taxi truck crash

Three people have been killed and seven injured, mostly children, after a taxi and a truck collided near Vereeniging in the early hours of Friday. Paramedics were called out to the scene on the R59 between Sasolburg and Vereeniging where they found a taxi rolled over on its side and …

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Hundreds of Nigerian schoolboys freed after six-day kidnap ordeal

Exhausted and dishevelled, several hundred Nigerian schoolboys seized in a mass abduction claimed by Boko Haram experienced their first full day of freedom on Friday after a nearly week-long ordeal. But relief at their survival mingled with concern that many others could still be captive, and the circumstances of their …

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Beef-up personal security — Kyei-Mensah-Bonsu to MPs

Majority Leader, Osei Kyei-Mensah-Bonsu, has admonished Members of Parliament (MPs) to beef-up their personal security from now till the swearing-in of the new Parliament on January 7, 2021. He said it was important for members to make the necessary security arrangement via the security outfit of the House for their …

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Eight lives lost after 2020 elections

A total of eight lives, including three minors were lost during the 2020 Presidential and Parliamentary elections. They are Zakaria Samira, 12, Musah Fuseini, 14 Botwe Tackie, 16, Abdallah Ayarek, 18; Tajudeen Mohammed, 41, Dompreh Emmanuel, 36, and Abass Ibrahim whose age was not stated. About 15 other electorate also …

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Smock Weavers in Bolgatanga bemoan low patronage ahead of Christmas

Smock Weavers in the Bolgatanga Central market are complaining of poor patronage of smocks ahead of this year’s Christmas festivities. Speaking in an interview with the Ghana News Agency in Bolgatanga, Upper East Region, the Weavers attributed the situation to the outbreak of the Coronavirus disease. Mr Michael Agurayine, a …

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German funded hybrid waste to energy project underway in Ghana

As nations worldwide continue to embrace the concept of waste as a resource to cherish and not to discard, Ghana is also coming up with initiatives that will not only improve the sanitation situation, but also contribute to sustainable industrial development. One such initiative is the Hybrid Waste to Energy …

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