BUSINESS

Brussels Airlines has announced its commitment to expand and improve its services in the country following high demand resulting from growth in the economy.Ghana Country Manager for Brussels Airlines, Rita Macedo said Brussels airlines had already increased its frequencies from four to six flights in June this year; and now decided to continue operating six weekly frequencies year-round to offer ...

Customers of Vodafone Ghana should expect to have faster internet speed and improved service quality with the acquisition of the 4G spectrum according to Vodafone Ghana CEO. Yolanda Cuba noted aside these benefits, customers should also anticipate the rollout of good products and services when the 4G comes into full force in 2019. The CEO of Vodafone Ghana, Yolanda Cuba ...

MTN Group Limited shares jumped as much as 8.2 percent after the phone carrier settled allegations it illegally transferred $8.1 billion of funds out of Nigeria, ending a crisis that had threatened its operations in Africa’s most populous country. The Central Bank of Nigeria’s decision to clear MTN of wrongdoing in its repatriation of dividends over an eight-year period means ...

Parliament has given government the approval to spend nearly GHC100m to subsidize electricity bills for customers. The amount is part of almost GHC80 billion approved for government by Parliament to spend in 2019. Members of Parliament sat for 13 hours and managed to pass the Appropriation Bill shortly after midnight. Almost GHC30 billion of the approved money will go into ...

Gold Coast Holdings has assured its customers and the general public that their investments are safe and secured. According to the company, it is making significant progress in transforming the Structured Finance product that thousands have benefited from to become an even more beneficial one. The assurance comes after some customers of the company formed a group, called the Concerned ...

President Akufo-Addo has given an assurance that there will soon be prosecution of all those found culpable in the collapse of some private banks that put the banking sector and the entire economy on the brink of collapse. “No one found complicit will be spared,” he said at the media encounter in Accra on Wednesday evening. Former managing directors of ...

Ghana’s year-on-year Real Gross Domestic Product growth rate for the third quarter of 2018 fell to 7.4 per cent compared to 8.7 per cent recorded for the same period in 2017, the Ghana Statistical Service said on Wednesday. Acting Government Statistician, Baah Wadieh, told a press briefing that the industry sector recorded the highest growth of 11.7 per cent, the ...

A group of disgruntled customers numbering over 12,000 have petitioned authorities requesting the arrest of Chairman of Groupe Nduom, Dr Papa Kwesi Nduom, his son and 5 others over locked-up funds at the Gold Coast Fund Management and GN Bank. “We demand the immediate arrest of Mr. Kwame Ofori Asomaning (MD, Gold Coast), Dr Papa Kwesi Nduom, Mr Kwaku Nduom, ...

The woes of troubled gold-trading firm, Menzgold Company Limited continues to deepen as a Circuit court in Kumasi in the Ashanti Region has ordered that properties of the troubled firm be auctioned. The court ruled that properties of the firm in Amakom, all personal properties in the office of Menzgold ltd in Amakom, all personal properties in Menzgold office at ...

Public sector workers who fall under the single spine salary structure are to enjoy a 10% pay rise across board beginning January 2019. This was contained in a statement issued by the Finance ministry Wednesday after a meeting with the various stakeholders. “Following conclusion of negotiations on the 2019 single spine base pay, approval is hereby given for the attached ...