BUSINESS

E/R: Minister considers ban of foreign clothes on Friday

The Eastern Regional Minister, Eric Kwakye Darfour, has hinted at plans to ban the wearing of suits and foreign dresses by the staff of the regional coordinating Council on Fridays. According to him, the move is part of efforts to promote the consumption of local goods in the region. “We want to make ‘made in Ghana’ a culture in the ...

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Gov’t to partner Home Economists to create jobs

The Minister of Employment and Labour Relations Ignatius Baffour Awuah has hinted of plans to collaborate with Home Economists to provide jobs for the teeming unemployed youth in Ghana. Speaking at the 2017 International Biennial Conference organized by the Ghana Home Economists Association, he said if the nation wants to find a solution to the problem of unemployment in Ghana ...

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Tink Labs launches Handy Smartphone in Ghana

Tink Labs Limited, one of Hong Kong’s most successful start up that revolutionizes travel and tourism has launched its Handy Smartphone and announced its partnership with Ghanaian hotels to offer mobile travel solutions to visitors. The device which is the first of its kind in Africa provides enormous benefits to both the traveler and partner hotels. It helps travelers meet ...

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Gov’t must increase domestic revenue – IFS

Economic management for the past six months has been prudent but economic growth has largely hinged on oil, according to the Institute of Fiscal Studies (IFS). The IFS is predicting that if government does not take measures to grow the non-oil sector, it might miss its Gross Domestic Product growth target of 6.3 percent. It bemoaned government’s inability to collect ...

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Economic growth depends on non-oil sector – IFS

The Executive Director of the Institute of Fiscal Studies (IFS) Prof Newman Kusi has said the country’s ability to fund projects that will boost the economy depends on the non-oil sector. Addressing a press conference on Thursday, July 27, 2017 Prof Kusi said: “Even though the coming on stream of these new oil fields are jacking up the growth of ...

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Tigo Cash educates MM agents on BoG regulations

Team leads from Tigo Cash have engaged with agents at a nationwide retailer convention to explain the Bank of Ghana regulations and agent guidelines, mobile money safety as well as new initiatives soon to be rolled out by Tigo Cash. Grouped into regional events, the agents were also taken through business development training to help them increase and strengthen financial ...

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Vodafone introduces relationship manager for section of customers

Telecom companies are taking customer service a notch higher by making available Relationship Managers for their high-end customers – just as in the banking sector. Vodafone is the latest to launch such a service dubbed Vodafone Black Concept. Launching the product in Accra, Chief Executive of Vodafone, Yolanda Cuba noted Vodafone’s pedigree as a technology company and telecommunication services provider ...

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BoG Governor re-affirms end of IMF program in April 2018

Governor of the Bank of Ghana (BoG) has re-affirmed president Akufo Addo comments that the International Monetary Fund (IMF) program would end next year. The President at a news conference on six months in office noted that the IMF program would end in April 2018 and would not be extended “there is no question about the IMF program being extended ...

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GCB, NIB not merging – BoG

The Bank of Ghana (BoG) has refuted reports that the Ghana Commercial Bank (GCB) has instituted measures to take over the National Investment Bank (NIB). Media reports recently claimed that there were moves for the two banks to consolidate to create the biggest bank in terms of assets in the country. According to the Head of Banking Supervision at the ...

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Vodafone Ghana gives prestige customers special treat

As competition intensifies in the telecommunications sector, players are developing innovative products to satisfy their customers. Prestige Vodafone customers are receiving special treat through ‘Vodafone Black’. The opportunity to reserve unique mobile numbers of your choice and having dedicated Account Managers are among the many perks that come with the offer. Speaking at the launch in Accra, the CEO of ...

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