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BUSINESS

TONY ELUMELU FOUNDATION ANNOUNCES SOMACHI CHRIS-ASOLUKA AS CHIEF EXECUTIVE OFFICER

  Somachi Chris-Asoluka The Board of Trustees of the Tony Elumelu Foundation, the leading philanthropy empowering young African entrepreneurs from all 54 African countries, has announced the appointment of Somachi Chris-Asoluka as Chief Executive Officer, following the retirement of current CEO, Ifeyinwa Ugochukwu. The appointment takes effect from March 01, …

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Government to intensify collection of property rates – Majority Leader hints

The government of Ghana will in the year 2023 intensify the collection of property rates as a way of expanding its tax revenue for development, Majority Leader in Parliament has hinted According to Hon Osei Kyei-Mensah-Bonsu who is also the Minister for Parliamentary Affairs, the move by government is to …

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Egypt is building €400m CNC factory while Ghana builds $400m cathedral

Article WhatsApp Facebook Twitter Email This play videoClick Here to Watch in Twi An artistic impression of the factory Ghana and Egypt have strong historical ties dating back to post-independence. Gamel Abdel Nasser and Kwame Nkrumah were pivotal in the establishment of the Organisation of African Unity (OAU), now renamed …

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Ken Ofori-Atta directed to serve as caretaker Minister of Trade and Industry

President Nana Addo Dankwa Akufo-Addo has directed Finance Minister, Ken Ofori-Atta to serve as the caretaker Minister of Trade and Industry. The development comes after the President accepted resignation of Trade and Industry Minister, Alan Kyerematen after reports emerged he tendered his resignation on Thursday 5, 2023. Although there are no clear reasons for Alan Kyerematen’s resignation, …

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MoMo transaction limits increased

MTN Mobile Money(MoMo) has implemented the Bank of Ghana (BoG) approved increase in daily and monthly transaction limits as well as maximum wallet balances. A statement issued by MTN said: Customers with Daily Transaction Limits of GH¢1,000, GH¢5,000 and GH¢10,000 have had their limits increased to GH¢2,000, GH¢10,000 and GH¢15,000 respectively.” Additionally, …

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Ing. Oppong-Boateng Appointed As Acting CEO For GIDA

Ing. Richard Oppong-Boateng The Board of Directors of the Ghana Irrigation Development Authority (GIDA) has appointed Ing. Richard Oppong-Boateng as acting Chief Executive Officer of the Authority. Ing. Oppong-Boateng’s appointment as Acting CEO of GIDA was announced in a press release issued by the Ministry of Food and Agriculture. Until …

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‘The youth of today sleep too much’ – McDan laments

Chairman of the McDan Group of Companies, Dr. Daniel McKorley has argued that the youth of today have been depicting lackluster behavior in their resolve to solve problems and become self-reliant. According to him, this posture has culminated in ‘too much sleeping’ among the youth in the country. Speaking in an interview …

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‘I haven’t stopped coaching’ – Kwasi Appiah interested in Black Stars return

Ex-Ghana coach Kwasi Appiah has said he is open to returning to the Black Stars as head coach if he’s approached. The 62-year-old has already had two stints with the national team, with his first being from 2012 to 2014, including leading Ghana to the World Cup in Brazil. Appiah was reappointed …

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Charger Limited CEO pledges more support …After Successful 4th Happy Man Bitters music awards 

    The Chief Executive Officer (CEO) of Charger Limited Dr. Emmanuel Bortey Borketey has pledged a continuous support to the entertainment industry in the Upper East Region as the company sponsored the 4th successful edition of the Happy Man Bitters Upper East Music Awards.   The 2022 edition which …

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Africa’s first female billionaire lost $1 billion in a day, here’s how

The Angolan Supreme Court recently ordered a preventive seizure of assets worth $1 billion belonging to the daughter of the former President of Angola, José Eduardo Dos Santos, as requested from Angola’s Public Ministry. Isabel Dos Santos, the first female billionaire in Africa, often referred to as ‘Princess’, is under …

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