BUSINESS

The Director-General of the Social Security and National Insurance Trust (SSNIT), Dr. John Ofori-Tenkorang, has disclosed that the government has so far paid GH¢1 billion out of its debt owed to the trust. Although the Director-General did not mention the total amount owed, he said the part payment was made …

A leading Brazilian paint brand, Suvinil, has organized its loyalty program. Suvinil through the program rewarded its loyal customers. Recently, Suvinil held its loyalty program in Accra, rewarding about 60 of its die-hard customers. During the rewards ceremony held at its showroom at Industrial area in Accra, Suvinil presented over three …

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 …

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 …

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 …

A report by the World Bank has noted that over the past 12 months, the COVID-19 pandemic has harmed the poor and vulnerable the most, and it is threatening to push millions more into poverty. This year, the World Bank said, after decades of steady progress in reducing the number of people …

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 …

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 …

The Electricity Company of Ghana (ECG) has explained that a problem of automated communication between the meters and servers is the cause of the recent challenges with prepaid meters. The ECG, in response to complaints by the Institute of Energy Security (IES) about the metering system, indicated that it has …

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 …