BUSINESS

EEAR Private Equity to manage $500 billion fund

EEAR Private Equity (EEAR P.E), an emerging private equity firm, today announced it has secured rights to manage a USD $500 billion fund for government developmental and infrastructural projects in Ghana and across the West African sub-region. The privately owned Ghanaian firm, EEAR Private Equity, has completed and signed all the needed agreements to represent African Communications Resources Ltd (ACR) ...

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Ag. Telecoms Chamber CEO wins GITTA award

The acting Chief Executive Officer (CEO) of the Ghana Chamber of Telecoms has been awarded the Young ICT Ambassador at the 7th Ghana Information Technology and Telecoms Awards for his contribution to the telecom industry. Derek Laryea, was the Head of Research and Communications at the Telecom Chamber and to take over the daily running of the Chamber following the ...

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GRA clears Agambire, re-opens his office

The Ghana Revenue Authority (GRA) has removed the wanted tag on Roland Agambire and has also re-opened his locked office for business. The office of ACI Construction Company Limited, a subsidiary of Agams Holdings, was re-opened for business last Thursday by the tax authority following the resolution of inconclusive tax issues with the company. The National Coordinator for the Task ...

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Direct S&L to change Ghana’s banking industry

Express Capital, an indigenous microfinance company, which has been in operation for five years, has acquired a Savings and Loans license from the Bank of Ghana. The CEO of Direct Savings and Loans, Ben Adu-Owusu stated at the launch that “high corporate governance standards have been fundamental to our success and will remain the bedrock of the company’s long term ...

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Access bank opens ultra-modern branch in Lashibi

As part of its strategic branch expansion objective to provide for the specialised needs of businesses and residents within the Lashibi and neighbouring communities, Access Bank has relocated its old branch at the UBI Petroleum Station to an ultra-modern building on the main Lashibi Road, opposite Farm Vivian. The newly opened branch will provide timely financial services to customers and ...

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UBA adjudged best bank in product innovation

United Bank for Africa (UBA) was adjudged best bank in product innovation and services for its innovative cash transfer product across Africa – Africash at the 16th Ghana Banking Awards. The prestigious annual event was first established in 2001 to celebrate outstanding performance within the banking fraternity and was created to showcase excellence, significant innovation and service in key areas of ...

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Cisco unveils new MD for Middle East and Africa

Cisco announced today that Ali Amer has been appointed Managing Director for Global Service Provider Sales in the Middle East and Africa. In his new role, Ali will be responsible for helping telecommunications service providers transform their networks, businesses and customers’ experiences to capture the opportunities created by the digital era. In addition to driving the segment’s sales strategy and ...

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IMF programme won’t be extended – Nana Addo

The President Nana Akufo-Addo has stated that the International Monetary Fund (IMF) programme that Ghana is currently undergoing is not going to be extended. There were earlier media reports suggesting the likely extension of the programme from April 2018 to December 2018. President Akufo-Addo was speaking at the media encounter to mark the NPP government’s sixth month in power. The ...

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Gov’t delegation meets London Stock Exchange

As part of planned activities to strengthen the ties between British and Ghanaian businesses, a delegation of government officials through the UK-Ghana Chamber of Commerce (UKGCC) called on the CEO of the London Stock Exchange (LSE) to deliberate on business issues that seek to benefit Ghana and its citizens. Led by the Senior Minister, Yaw Osafo-Marfo, the delegation included the ...

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Marwako CEO awarded

The CEO of Marwako Fast Food Limited, Alhaji Marwan Mohammed Chaaban, has been awarded for his contribution to job creation in Ghana, especially in the Zongos. Marwako Fast Food Limited currently has four branches at Abelenkpe, Spintex, Labadi and Maamobi in Accra. Alhaji Chaaban has expressed shock at the honor done him and assured he will do more to empower ...

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