BUSINESS

AG indicts GNPC over Ghc700m gov’t debt

The Auditor Generals Department in its 2017 report on public boards has indicted management of Ghana National Petroleum Corporation for failing to recover an amount of GhC 778,565,761 from government and other state owned enterprises. The amounts owed by the government of Ghana, Finance Ministry, Tema Oil Refinery, Ghana Gas have been outstanding since 2015. Appearing at the Public Accounts ...

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‘Kill us, we’re ready to die’ – Arrested clients of collapsed fund managers

The spokesperson of the Coalition of Aggrieved Customers of the 53 Collapsed Fund Management Companies, Mr Charles Nyame and one other person, have been arrested for unlawful picketing. Members of the coalition besieged the premises of the Ministry of Finance on Tuesday, 1 September 2020 to stage a protest in connection with their locked-up funds. Mr Nyame, who was handcuffed ...

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Ghana’s Agribusiness industry to benefit from Macfrut’s Virtual Trade Fair

Ghana’s agribusiness industry is set to benefit from its participation in Macfrut virtual trade fair. Macfrut, the organizer of the world’s largest fruit and vegetable fair, has launched the Macfrut Digital fair scheduled to take place in Cesena, Italy between 8th to 10th September. The fair, which is the first and only digital trade fair for the fresh produce industry ...

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Meet the entrepreneur who quit law school to start the biggest charcoal factory in Ghana

In Africa, many parents often hope their children will grow up to be doctors, engineers, lawyers, or bankers. Only a few parents support their children’s entrepreneurial skills or their desire to work in the creatives. Sulley Amin Abubakar, now the owner of the “biggest charcoal producing company in Ghana” and probably West Africa started off as a law student. This ...

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HOW TO MAKE MONEY ON FOREX

WHAT IS FOREX? Forex market is just like any other market where instead of foods and goods people trade currencies. WHAT IS FOREX BROKER? Anyone can trade on Forex, but it is only accessible through mediators called brokers. Basically, broker is your “hands” on Forex which provides you with the access to the market. WHAT IS A CURRENCY PAIR? Currencies ...

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W/R: Robbers attack Apimanim ADB

The Apimanim Branch of the Agriculture Development Bank (ADB) in the Ahanta West Municipality of the Western Region has been robbed. According to eyewitnesses, about seven unidentified armed men stormed the bank around 12am last Friday and overpowered the private security men and made away with some valuables. The robbers, however, could not have access to the strong room of ...

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5 effective ways to earn more money in the forex market

Earning money in the forex market is quite easier than many might think. Here are simple and effective ways you can grow your forex investment. Making money through the forex market may be easier than you think. It does not require any particular skills nor you need to be an expert to understand the market dynamics. All you have to ...

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Ghana not ready for risky Agyapa deal – UG Lecturer

Ghana is not ready to take the risk with the Agyapa Royalty deal, an Economist, Dr Lord Mensah has said. Speaking on the Morning Starr on Friday, the Dr Mensah who is also a lecturer at the University of Ghana Business School stated that it is likely the nation will end paying a judgment debt in the future looking at ...

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Cadbury Ghana launches national essay competition

Cadbury Ghana Limited, makers of Richoco, has announced the commencement of its education support program aimed at assisting parents and guardians to pay the school fees of their wards. The program will be executed through an annual “Richoco My Ghana My Pride” National Essay Competition which is open to upper primary, junior, and senior high school students across the country. ...

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StanChart excites clients with rewards for signing on to its digital banking platform

Standard Chartered Bank Ghana has rewarded its clients who have subscribed and used the bank’s digital banking platform – SC Mobile App, with free 3 months premium subscription on Boomplay Music and shopping vouchers on Jumia. The winners were part of a promotion where customers were encouraged to open accounts on SC Mobile and enjoy the power of seamless, convenient ...

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