BUSINESS

Leading real estate developer, Lakeside Estate has expanded from residential to commercial and institutional real estate with the launch of a Business Centre at its premises at Adenta. The Lakeside Business Centre (LBC) which is a three-storey building will house a Banking Hall, mortgage centre, supermarket, pharmacy, doctor’s office, restaurant, commercial shop and their new Head Office. Launching the facility, ...

President Akufo Addo has reiterated his commitment to turnaround the country’s economic fortunes and expand the financial sector. He admits that his administration comes at a time that the banks are facing tough times which have impeded their growth and their ability to support industrial growth. According to the President, the policies being enrolled to deepen investor confidence should also ...

Samuel Kwasi Kyei Darkwah, the Akwatia branch manager of GN Bank Ghana Limited, has appeared before an Accra circuit court for allegedly stealing over GH¢2 million belonging to the bank. The accused is in the dock alongside one Selassie Awudi Solomon, a real estate developer. The two, according to the prosecutor, ASP Stephen K. Adjei, conspired with one Kenneth Obina, ...

Vice-President Dr Mahamudu Bawumia has hinted that the government is working to bring down the cost of mortgage and lending, as it is too high for people to afford. He said the country’s economy was far too informal and that was what had caused the situation, and for which reason the government was going to formalise the economy based on ...

Government is considering granting a ten year tax holiday to major Multinational firms. The move, according to the Chief Executive Officer of the Ghana Investment Promotion Centre, Yoofi Grant, is to get at least three of such firms to locate their headquarters to Ghana. The centre is currently reviewing some major components of the GIPC Act to make it more ...

The Ministry of Finance has appointed new officers to key positions in the Ministry in a bid to help push the reforms the government intends to pursue. Overall four persons have been appointed to augment the work at the ministry, including Ms Eva Mends, Eugene Asante Ofosuhene, Sampson Akligoh and David Klotey Collison to respective positions. According to a press ...

Tigo Business, the enterprise arm of CIMG Telecom Brand of the Year, Tigo, is launching its first image campaign and it is doing it ambitiously. For the nationwide campaign themed “We understand your business”, Tigo Business is focusing on the tailor-made solutions that it provides to various businesses including large corporates, the public sector, Small to Medium businesses and Small ...

The Cola-Cola Bottling Company of Ghana (TCCBCG), part of Equatorial Coca-Cola Bottling Company Group, has won the “Bottling Company of the Year” and the “Beverage Manufacturing Company of the Year” award for the very first time in the Ghana Manufacturing Awards ceremony held in Accra. The Ghana Manufacturing Awards which aims at bringing together key players from across a wide ...

Telecom giant MTN in collaboration with leading international mobile brand, Fero Phones, has launched the latest 4G enabled, afffordable smartphone, the Fero L100 in Ghana. The sleek mobile phone which has a dual-sim capacity supported by a 2,350mAh detachable battery, has 1GB RAM, 8GB storage expandable of up to 32GB, 5-megapixel front and rear camera, and a 5.0inch HD IPS ...

The Bank of Ghana (BoG) has warned members of the public to stop doing business with MMM Ghana because it is “operating a Ponzi scheme” through a virtual office. The company, which claims to have over 10,000 clients, moves from place to place and mobilises deposits from the general public, a statement from the Central Bank said. “The institution’s operations ...