BUSINESS

Scamming naive people who are hoping to make a quick profit is a practice that opportunists have been undertaking for thousands of years. As the times have changed, however, the scams and those perpetrating them, have evolved. From modern-day multi-layered marketing companies to multi-million dollar carpet cleaning companies that don’t …

Ghana has always been touted as one of the best places to do business due to its peaceful, stable and evolving business climate. This has proven to be true over the years as the country has seen various foreigners set up multi-million-dollar businesses in Ghana. However, a number of Ghanaian …

    Author: Samuel Shay is an International Business Expert and Chairman of leading Israeli tech firm, Gulf Technologies Systems   As my activities in the Gulf region increase, the need for future cooperation between Israel and the United Arab Emirates, (UAE) emphasizes the importance of policy changes, required from …

  The Global Chamber of Business Leaders (GCBL) has announced the appointment of Her Excellency Laila Rahhal El Atfani as a member of its Board of Advisors.   H.E. Laila Rahhal El Atfani is the Founder and Chief Executive Officer of Business Gate Dubai and I am Africa Platform.   …

  United Bank for Africa (Ghana) Ltd has been recognized by President Nana Akufo-Addo for the distinguished roles it played during the fight to contain the Covid-19 Pandemic. The award was presented at the 2023 National Honours and Awards held at the Accra International Conference Centre. The Bank donated an …

But for a partial payment of GH¢8 million of some GH¢13 million it owes power distributor Electricity Company of Ghana, the parliament of Ghana would have been taken off the national grid by the state utility company on Monday, March 20, 2023. The revenue mobilisation task force of ECG was …

The Ghana Airport Company Limited (GACL) has reportedly paid GH¢10 million out of the GH¢28 million debts it owes the Electricity Company of Ghana (ECG) to avoid be disconnected from the national power supply. According to a report by JoyNews, the GH¢10 million was paid on Monday, March 20, 2023, …

Ghana’s parliament is holding talks with officials from the Electricity Company of Ghana over a GH¢13 million debt owed to the power distribution company. The development comes after ECG on Monday, March 20, 2023, embarked on a nationwide revenue mobilisation exercise with a focus on all categories of customers including …

The Ghana Cocoa Board (COCOBOD) has acknowledged that Ghana’s relatively low cocoa pricing is one of the contributing factors to the increase in cocoa smuggling into neighbouring countries. This situation has led to significant financial losses to the country and the destitution of cocoa farmers. “It is serious. At the …

The Kejetia market will be reopened for business tomorrow, Tuesday, 21 March 2023, after a fire explosion swept through some 33 shops of the 8,000-shop avenue last week. The reopening was disclosed by Vice President Mahamudu Bawumia when he visited the fire scene in the Ashanti Region. The announcement of …