BUSINESS

A non-bank financial institution in Obuasi in the Ashanti Region, Maglans Micro- Credit, has won the Microcredit Enterprise of the Year 2020 at the second Ghana Credit Excellence Awards. The event—which came off at Tomreik Hotel in Accra on September 16, 2021,–was organised by the Chartered Institute of Credit Management-Ghana …

Ghana since 2016, has been controlling an average of three percent of global exports in the unsweetened cocoa powder trade, data from the Ghana Export Promotion Authority (GEPA) has revealed. GEPA noted that Ghana’s global market share of the commodity has been fluctuating – recording 3.59 percent in 2016, 2.85 …

Management of Electricity Company of Ghana (ECG) in the Tema Region is expressing concern about rampant stealing of fuses in its transformers in the Tema Metropolis of the Greater Accra Region. The power distribution company is appealing to residents to be on the lookout for thieves moving to their various …

President Nana Addo Dankwa Akufo-Addo has re-appointed Kwabena Ampofo Appiah, popularly known as Vyrus, as the Managing Director of State Housing Company (SHC) Limited. State Housing Company has seen tremendous progress since 2017 after Mr. Ampofo Appiah took over administration. He has brought life to the almost defunct state institution …

The NPP Government’s promise to give operators of commercial motorcycles, popularly known as ‘Okada’ a better and safer alternative is set to be actualised with the acquisition of a number of mini vehicles in fulfilment of the promise to give Okada riders vehicles in exchange for their motorcycles on special …

Ghana has picked Rocksure International as a strategic partner to build a mine and refinery in a bid to develop an industry out of its untapped bauxite reserves.   The Accra-based company will own a 70% stake in the project and the state-owned Ghana Integrated Aluminium Development will have the …

In contravention of the Public Finance Management Act 2016, Act 921 and international best practice, some 45 public enterprises have failed to submit mandatory financial reports to the Ministry of Finance since 2016. The composition of the defaulting companies are: one State Owned Enterprises (SOEs), 34 Owned State Enterprises (OSEs) …

The Chairman of Afro-Arab Group of Companies, Alhaji Salamu Amadu has emphasized that Afro-Arab Microfinance, a subsidiary of the Afro-Arab Group will continue to empower women and youth in the country. According to the Chairman, the concept behind the establishment of the Microfinance was to provide support to youth and …

Her Excellency Harriet Thompson, British High Commissioner Members of the Board of Directors, Standard Chartered Bank (Ghana) Mrs. Mansa Nettey, Chief Executive, and the Management Team, Standard Chartered Bank (Ghana) The President of Ashesi University Invited Guests, Distinguished Ladies and Gentlemen On 30th November 2020, I had the singular honour …

Fuel prices in the country are likely to see an increase by two percent in the following days. This is the latest prediction by the Institute for Energy Security. The IES prediction is based on the increase in prices of petroleum products on the world market and the depreciation of …