Home / BUSINESS (page 54)

BUSINESS

Ernesto Taricone In Fresh Trouble  …As Top Kings Sues Empire Builders $48m

  Ernesto Taricone   Top Kings owner, Kingsley Owusu- Achau has slapped a $48m suit against Ernesto Taricone, chairman of Empire Builders, owners of the Trasacco Group.   It emerged at the court on Tuesday, April 25, that the damage was as a result of the protracted legal tussle between …

Read More »

UBA Plants Trees to Mark World Earth Day

    UBA Ghana participated in a Tree planting exercise at the Achimota Forest to commemorate this year’s Earth Day which falls on April 22, under the theme, “Investing in our planet”.    The aim behind the initiative under the UBA Foundation is to contribute to the bank’s climate action …

Read More »

Jamila Home Takes Delivery Of New Stock

    Renowned antique furniture outfit, Jamila Home has taken delivery of new items from living room furniture, bed room, office, Dinning to kitchen.   And according to the company’s marketing department, the new items offer customers the luxury of choosing the best from a wide range of new products …

Read More »

Ghana has taken enough pain to unlock aid – IMF Africa Director

Ghana has taken the tough economic decisions needed to win a rescue package from the International Monetary Fund, once bilateral creditors sign off on assurances, said the institution’s Africa Department Director, Abebe Selassie. The government has increased taxes and imposed losses on domestic investors, as authorities attempt to meet IMF demands …

Read More »

DDEP: Top Nigerian bank slows down on lending in Ghana after losing billions

Top Nigerian bank group, Guaranty Trust Holding Company Plc, has announced plans to slow down on lending and bond trading in Ghana following a $77 million (N35.6 billion) impairment in its West African subsidiary. The banking group said that it will instead focus its activities on Nigeria and other high-yielding …

Read More »

FLASHBACK: How Ghana’s central bank was formed in the 1950s

Across the world, central banks play key roles in developing policies, regulation, and the management of a country’s finances, assets and other related securities. For Ghana, what many know as the Bank of Ghana did not only start from the idea of being a Central Bank in the 1950s. According to a …

Read More »

‘It could take three or more years for Ghana to access capital markets’ – Ofori-Atta

Ghana’s Finance Minister, Ken Ofori-Atta has announced that it would take a while for the country to return to the international capital market. According to him, it may take at least three or more years. Ken Ofori-Atta explained that, although this new development may look like a challenge, it presents the country with …

Read More »

This entrepreneur is the first black woman to win a US patent for disposable underwear

Patricia Kayanga is an innovator, eco-friendly entrepreneur, and founder of Ohhs disposable underwear. She recently became the first black woman to hold a U.S. patent for disposable underwear made out of bamboo. Speaking on how it feels to make history as the first black person to own a patent for …

Read More »

All the big names listed as galamsey ‘culprits’ in Prof. Frimpong’s report

Former Environment Minister, Prof. Kwabena Frimpong Boateng has been in the news following a 36-page statement he released on illegal small-scale mining in Ghana. The former Minister, while submitting a report on the work of the Inter-Ministerial Committee on Illegal Mining (IMCIM), not only cited the challenges the committee faced …

Read More »

Asian African Consortium partners UCC to boost rice production in Ghana

The Asian African Consortium (AAC), a subsidiary of Jospong Group of Companies has signed a Memorandum of Understanding with the University of Cape Coast (UCC) to undertake research to boost rice, maize and soya production in the country. The objectives of this partnership are to identify common areas of collaboration …

Read More »