BUSINESS

Ghana’s liquid gold, Star Beer, has extended its on-going ‘Star Win Gold’ promotion, which was launched December 2017 to the end of April 2018. The promo, which has so far rewarded about 167 consumers with 2.5g gold bars each, is one of Star beer’s ceremonies to reward its loyal consumers with gold bars. Apart from the gold bars, the promo ...

A former Chief Executive Director of the now-defunct Capital Bank, Rev. Fitzgerald Odonkor, has been detained by the Economic and Organized Crime Office (EOCO) over the collapse of the bank. According to Citi News sources, Rev. Odonkor was detained after honouring an invitation by the criminal investigation office. It is unclear the reason for his dentition, but Rev. Odonkor and ...

The Chinese ambassador to Ghana Madam Sun Boahong has disclosed that the volume of trade between Ghana and China has hit US$6.67billion by the end of 2017. This is an 11.67 percent increase over the 5.98 billion recorded in 2016. According to a 2017 third quarter report by the Ghana Investment promotion Centre (GIPC), China was the leading source of ...

Standard Bank Group is seeking a banking license in Senegal after opening in Ivory Coast as the lender expands in West Africa’s French-speaking countries. Africa’s largest lender, which opened in the world’s biggest cocoa producer on Monday, will focus on corporate and investment-banking clients after obtaining the license in 2016, Sola David-Borha, the Johannesburg-based company’s chief executive officer for Africa, ...

Yara Ghana launches Channel Partner Programme Yara Ghana Limited, a leading importer and supplier of fertilizers in Ghana has launched its Channel Partner Programme at Bolgatanga in the Upper East Region. According to Mr. Danquah Addo-Yobo Managing Director of Yara Ghana, the Channel Partner Programme is a unique programme initiated by the company to provide a number of incentives and ...

Baby Jet Airlines will commence commercial operations by the end of this year to drive competition in the aviation industry, the Ghana Civil Aviation Authority (GCAA) has said. The comment comes days after it announced the start of another domestic airline soon. The aviation authorities are also upbeat about the situation due to the intense competition and available varied options ...

The ARB Apex Bank has appointed Maximus Attah as the Corporate Communications Manager. The bank describes Maximus is a results-oriented strategic marketing and communications specialist, banking professional and adjunct university lecturer with over 16 years of experience. Prior to joining the ARB Apex Bank, he worked with the Agricultural Development Bank (ADB) in several capacities, including marketing, communications and retail ...

Former Chief Executive officer the Minerals Commission Dr. Tony Aubyn has called for periodic inspections at mining sites in the country in order to avert accidents that can lead to deaths. The call comes on the back of the death of some six contractor workers of mining giant Newmont Ghana. The mining company in a statement confirming the fatal accident, ...

Automobile manufacturer, Renault, has introduced a new collection of vehicles aimed at targeting Ghana’s lower to middle-income working class. The three vehicles – KWID Authentic, KWID Expression and Dynamique Trim, under the all-new Renault KWID combines the practicality of compacts with the characteristics of a genuine SUV. CEO of Premium Motors, local distributors for Renault, Jihad Hijazi said “The new ...

Financial Analyst, Sydney Casely Hayford, has warned that government’s flagship programme, one district, one factory, could fail due to what he describes as the poor financing strategy for the programme. According Mr. Casely Hayford, despite the availability of funds for the programme, government’s inability to design an effective financing strategy for it might negatively affect its success. “If the government ...