BUSINESS

Kayayei increase charges

Head potters, popularly called ‘kayaayei’, have increased their charges for the services they offer. According to the lady porters, the increase has become necessary due to recent increment in fares and utility tariffs in the country. They explained that though they did not have specific charges, they had agreed not …

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Afro-Arab Boss Wins ’40 Under 40′ Banking and Finance Award

The Chief executive Officer (CEO) of the Afro-Arab Group, Alhaji Salamu Amadu won the award for the Banking and Finance category of the 2019 40 Under 40 Awards. He owns the Afro-Arab Microfinance Company Limited, a Tier-2 microfinance company licensed by Bank of Ghana to operate the business of microfinance. …

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Ghana’s economy in good shape – IMF

The International Monetary Fund (IMF) has given Ghana’s economy a clean bill of health. According to the fund, Ghana’s economy remained stable and projected a seven per cent Gross Domestic Product (GDP) growth for 2019. A team from the Breton Woods institution, led by Mr Carlo A.E. Sdralevich, which is …

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Senior Minister fumes over Ghana spending US$1.35bn on rice importation

Senior Minister, Yaw Osafo-Maafo has lamented over Ghana spending US$1.35 billion last year on rice importation alone. According to him, foreign exchange that could be used on machinery to modernise the economy was spent on rice although rice could be grown in every part of the country. Mr Osafo-Maafo made …

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Rafarazzi Pays Courtesy Call On Italian Ambassador To Ghana

In quest to push Made in Ghana products to the world, One of the fastest growing fashion designer in Ghana Rafarazzi presented his Fanny pack/waist bag which has risen to be the passport for Ghanaians living abroad popularly known as #ghanaba?? to the Italian Ambassador to Ghana His Excellency Giovanni …

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President And CEO of Africa Finance Corporation joins Aker Energy’s Board of Directors

Aker Energy AS (“Aker Energy”) and Africa Finance Corporation (“AFC”) today announced the appointment of Mr. Samaila Zubairu as Vice Chairman of Aker Energy’s Board of Directors.  Mr. Samaila Zubairu is the President and CEO of Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa. The institution has 25 African member …

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Tunisian presidential candidate released from jail

A Tunisian court has released a presidential candidate days before he is due to stand in Sunday’s second round of national elections. A Tunis appeals court annulled the detention order for Nabil Karoui, who was arrested last month on charges of money laundering and tax fraud. The 56-year-old media mogul …

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We’re eliminating ICT barriers for girls – Ursula

Minister of Communication, Mrs Ursula Owusu-Ekuful, has said that her ministry is determined to implement programmes that will ensure an end to the stereotyping that thwarts the efforts of young women pursuing science and technology courses in Ghana. According to her, the number of young women in the ICT sector …

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GUTA in talks with foreign ministry over silence on Nigeria border closure

Ghana Union Traders Association (GUTA) is in a meeting with the Foreign Affairs Ministry to deliberate on government’s silence over the Nigerian border closure in the past two months. Dr. Joseph Obeng, the president of the union in an earlier interview with GhanaWeb, said they are discontent with the way …

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Yingli Namene submits proposal to construct 50 megawatts solar energy

Yingli Namene West Africa Limited, solar energy designing, developing and installation company, has submitted a proposal to government to construct a 50 megawatts rooftop solar energy for government buildings. The proposal is in line with the Ministry of Energy’s plan to improve renewable energy penetration from less than five per …

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