BUSINESS

The US greenback has been considered one of the most powerful currencies in the world. But in recent times, some countries have made the decision to de-dollarize. De-dollarisation refers to countries reducing their dependence on the U.S. dollar as a reserve currency, medium of exchange, or as a unit of …

    Censorship of a specifically chronic nature can never augur well for any entity or organisation at any level. That significantly includes media houses, whether they are print-oriented or within the electronic media categories.   Things have certainly changed from the Baby Boomer era, and as the world recognises …

Parliament has approved a total of $710 million in an emergency sitting today. MPs were summoned from the Easter break purposely for the 7 loan agreements some of which have been outstanding since last year. The facilities are a US$60.6 million as a third additional financing for the Ghana COVID-19 Emergency Preparedness and …

GCB Bank branch in the Bawku municipality of the Upper East Region has suspended service temporally. The Bank cited the volatile conflict in the area as the reason for the suspension. The management of the commercial bank issued the communication through SMS last Friday. Clients who received the message expressed …

Some residents in the Ashanti Regional capital, Kumasi, are fuming in anger after waking to up to be greeted by heaps filth in Central Business District of Kumasi. OTEC News’ Jacob Agyenim Boateng who reported from the city said heaps of garbage were seen in almost every corner of the …

Ms. Nana Akua Akuffo displaying her Award at the ceremony   Nana Akua Akuffo, the Chief Executive Officer (CEO) of leading Ghanaian-owned events management and interior design company, Cling Events Ghana, has won the prestigious Global Top CEO Award.   Ms. Akuffo, a hardworking CEO and Events management and interior …

    Renowned electronic company, Hisense Ghana on Friday April 28 presented home appliances worth thousands of Cedis to Technical and Vocational Education Training (TVET), Greater Accra Regional office.   The items included five brand new Hisense refrigerators, three Hisense Television sets and Hisense microwaves.   Hisense’s Marketing coordinator Renee …

The traders who were affected by the Kumasi Kejetia Market fire outbreak have received a monetary donation from the ruling New Patriotic Party (NPP) in the amount of GH100,000. The delegation, led by the party’s General Secretary, Lawyer Justin Frimpong Kodua, visited the affected traders on March 20, 2023, and …

      A recent calculated deep attempt to drug Ghana National Petroleum Corporation (GNPC) CEO Mr Opoku-Ahweneeh Danquah into the mud has been uncovered.   A deep throat source has independently verified that he has also intercepted and shrugged off multiple death threats, while efforts by the opposition to …

    The Global Chamber of Business Leaders (GCBL) has, as part of its growing efforts to connect business leaders and executives from around the world on a safe and secure platform, appointed four top business leaders.   Drawn from Brazil, Canada, Pakistan and Israel, the new appointees are to …