Home / BUSINESS (page 32)

BUSINESS

The Tony Elumelu Foundation (TEF) disburses over 100 million dollars to young African Entrepreneurs to create 400,000 jobs across Africa

Somachi Chris – Asoluka    “As of today, we have disbursed over 100 million dollars to over 15,000 young African entrepreneurs and created over 400,000 direct jobs. This, we intended to achieve within 10 years, but I am happy to share that since the launch of the foundation in 2015, …

Read More »

UBA Records Significant Growth in Revenue, Profit and Key Metrics, with a PBT of $829.7m

Mr. Oliver Alawuba   Africa’s Global Bank, United Bank for Africa (UBA) Plc, delivered an outstanding performance for the half year ended June 30, 2023, as announced in its audited financial report.   The results released to the Nigerian Exchange Limited (NGX) on Tuesday showed that the Group recorded double …

Read More »

GHANA-DIASPORA PROPERTY FESTIVAL TO BE HOSTED IN GHANA THIS DECEMBER

    The “Year of Return, Ghana 2019” was a kick-start campaign in Ghana that encouraged many from the black diaspora to trace their roots and find new opportunities in Ghana. Since then, Ghana has seen an influx of black diaspora and foreigners, especially during the Christmas festivities.      …

Read More »

Full list of new UK visa fees to be implemented in October

The United Kingdom government has announced an increment in immigration and nationality fees which will be paid for vital services effective October 4, 2023. According to the UK government, the new charges will see the cost for visit visas for less than six months increase from £15 to £115 while …

Read More »

ECG owes us $658 million – Bui Power Authority

The debt owed Bui Power Authority (BPA) by the Electricity Company of Ghana (ECG) has shot up astronomically from $612million to $658 million, Chief Executive Officer of the power generation company, Samuel Kofi Ahiave Dzamesi has stated. He pointed out that the debt keeps increasing because BPA continues to generate …

Read More »

Ghana set to establish lithium refinery in Western Region

All is set to establish a lithium refinery in the country in the Western Region. To this end, Lithium Resources Ghana Limited, a joint venture company of UK-based CAA Mining Ltd and Em­pire Rare Earth and Metals Group Ltd, a local company are currently exploring suitable and strategic location for …

Read More »

I earned less than GH¢2.5K working at a big bank in Ghana for 9 years – Ghanaian student in UK recounts

It is no news that Ghana’s inflation rates keep getting higher and higher causing the cost of living to be very unbearable for the layman. Due to the severity of not being able to cater for basic needs, some people, especially the youth have decided that relocating for greener pastures …

Read More »

Fire destroys several shops at CMB market in Kantamanto

Fire has razed down several shops at the CMB area at Kantamanto in Accra in the early hours of Sunday, September 17, 2023. According to a Citi News report, the fire which’s source is currently unknown has destroyed wares worth million of Ghana cedis. A video posted by the Ghana …

Read More »

Cocaine is set to overtake oil to become Colombia’s main export – Bloomberg report

Cocaine is set to become Colombia’s main export, overtaking oil, according to Bloomberg Economics. The Colombian government is taking a more lenient policy regarding drugs, thus production of the drug is expanding. According to Bloomberg Economics, 2022 exports were worth an estimated $18.2 billion. Oil exports posted a drop of …

Read More »

Report Mobile Money agents over illegal split transaction – MTN

Telco company MTN has declared that the act of split cash transaction is illegal, urging its clients to report any Mobile Money (MoMo) agent who engages in such unlawful practice for action. The MTN charges for mobile money cash transactions at a fixed rate pegged at GH¢10 cedis on GH¢1000 and …

Read More »