BUSINESS

After a largely successful second year of implementing reforms to correct imbalances in the economy inherited in 2016, Ghana’s current administration aims to grow the economy faster in 2019. The government has projected gross domestic product to expand 7.6% (using rebased data) in 2019 from a revised projection of 5.6% in 2018, which we think is largely attainable because of ...

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Glico Healthcare has been adjudged the Number one Fastest Growing Company” at the 2017 Ghana Club 100 awards. The Group Head, Corporate Affairs & Marketing for GLICO, Nana Efua Rockson stated, “GLICO HEALTHCARE is committed and has been consistent in delivering unparalleled value to its clients.” She added “the GLICO Promise of ‘we cushion you for life’ is a promise ...

In August this year, the Vodafone Ghana Foundation made a bold statement. It had decided to implement a nationwide coding exercise to empower about 10,000 Ghanaian youth in the next five years with digital skills. Chief Executive Yolanda Cuba was emphatic during the launch of the project in Accra when she said the initiative will start a revolution across the ...

Stanbic Bank has donated an amount of Fifty Ghana Cedis (GHC50,000) to support Komfo Anokye Teaching Hospital (KATH) to build needed facilities as the second largest health facility in the country after an appeal by KATH Chief Executive Officer (CEO), Dr. Ohenaba Owusu-Danso. “I also like to express our gratitude to the Managing Director of K. Badu Chemicals Limited for ...

Parliament on Thursday granted a request by the Government of Ghana to withdraw over GH¢73 billion from the Consolidated Fund and other government funds to finance development projects. This follows the House’s approval, after a marathon motion debate on the 2019 budget and financial policy statement of government presented to the House by Finance Minister Ken Ofori Atta two weeks ...

UK researchers have developed an early warning system to prevent the crops of African farmers from being devastated. The Pest Risk Information Service (Prise) combines temperature data and weather forecasts with computer models. It then sends farmers a mobile phone alert so that they can take precautions. It is hoped that the system will boost yields and increase farm incomes ...

IS Internet Solutions and Konnect Africa have announced a ground-breaking partnership to provide broadband services through satellite technology. The combination of Konnect Africa’s state-of-the-art satellite infrastructure and of IS Internet Solutions’ expertise in service delivery and customer support will offer outstanding broadband connectivity to urban, rural and the most remote locations in Ghana. Customers – whether they are private users, ...

The Economic and Organised Crime Office (EOCO) has grilled the two directors of Global Coin Community Help (GCCH) for allegedly swindling more than 110,000 customers of their deposits to the tune of GH¢135 million in a crypto-currency syndicate. The two GCCH directors, Mr Kwaku Damete Kumi and Mr David Opatey, were released on bail by the state investigative body after ...

The National Security is investigation reports of a plot to blow up oil fields in the Western Region following agitations over the Ghana-US military Cooperation Agreement. Former Energy Minister Boakye Agyarko in May during a meeting with some oil companies on the sidelines of the Offshore Technology Conference (OTC) in Houston, Texas, USA claimed some aggrieved political figures in the ...