BUSINESS

US clothing chain Nordstrom has launched a line of ‘dirty’ jeans which come with a ‘crackled, caked-on muddy coating’. The new product is apparently aimed at those with plenty of cash, as the retailer pockets a cool $425 (£330) for each pair. The firm’s website describes the jeans as typifying ‘rugged, Americana workwear’ and ‘hard-working action… that shows you’re not ...

Minister of Aviation, Ms Cecilia Abena Dapaah, has asked foreign companies that supply high-tech equipment to the airline industry in Ghana to train Ghanaians in the maintenance of such equipment to cut down cost. “Many a time, we have to fly down technicians from abroad to come and fix the least problem when there is a fault with an equipment,” ...

Mr. Yofi Grant, Chief Executive Officer, Ghana Investment Promotion Center (GIPC), has disclosed that his vision is to promote the GIPC as a strategic partner in Ghana’s development drive. Towards this effort, the Agency will be rebranded as a one-stop-shop for investors. He said his outfit is geared to promote the country’s competitive advantages as a world-class business investment destination ...

uniBank (Ghana) Limited has acquired two brand new Kantanka vehicles to facilitate the bank’s operations. The indigenous bank said its decision to purchase the vehicles was to support and promote made-in-Ghana products. At a handing over ceremony at the Head Office Annex, Kokomlemle, Christian Otu-Appah, Head, Consumer and Asset Finance, explained the need for Ghanaians to support indigenous products and ...

Shippers can now effect payment for services rendered to them in the clearance chain via mobile money, online as well as card payment and in-branch payment. This is being facilitated by WestBlue consulting, technical partners of the customs division of the Ghana Revenue Authority. This is expected to inject some level of efficiency in port operations. The e-payment platform will ...

The former Bank of Ghana (BoG) Governor, Alex Ashiagbor, who served from 1977 to 1982 has died, a family member has confirmed to Joy News. According to the source, he passed on last Friday at the Korle-bu Teaching Hospital in Accra after a short illness. Mr. Ashiagbor was born in Ghana in December 1931 and held a BSc. Degree in Economics from the ...

Ghana is seeking better terms for its debt-support program with the International Monetary Fund as the parties discuss an extension of the agreement beyond an April 2018 deadline, according to a person familiar with the matter. The government will agree to extend the deal in return for a bigger credit facility, said the person, who asked not to be named ...

Commitment to change, resilience and passion for excellence are the virtues of Mrs. Patience Akyianu, the woman whose sense of ownership saw her take up varied responsibilities right from childhood. Since becoming the Managing Director for Barclays Bank Ghana in 2013, the former Finance Director for the bank speaks highly of a diverse team of mnagers whose trust in her leadership qualities, ...

oll Ghana Ltd, the Country’s premier multidisciplinary property services Company, has secured the Management Contract with Delico Property Developments Ltd, to provide property management services at the newly opened Kumasi City Mall. The Kumasi City Mall, a 95 million-dollar Shopping Centre of circa 18,000sqm is situated on the intersection of Lake and Hudson Roads, north of the recently upgraded Eastern ...

The Millennium Development Authority(MiDA) has told Citi Business News the authority has engaged the six concessionaires participating in the ECG Private Sector agreement. The six concessionaires who are currently in the country participated in a bidders conference held in Accra yesterday to discuss the 51 percent stake to be controlled by Ghanaian investors in the ECG PSP project under the ...