BUSINESS

For some domestic and international air travel operators, the impact of the Coronavirus pandemic continues to affect air travel and tourism globally. For Ghana, President Nana Addo Dankwa Akufo-Addo in his 15th address to the nation revealed the possibility of easing the COVID-19 induced restrictions on international air travel in a bid to revive social and economic livelihood. Ghana’s domestic ...

Advans Ghana Savings and Loans has launched the distribution of PPE and Sanitary products to its clients. The five-days project aims at distributing nose masks, hand sanitizers, hand washing soap and Veronica buckets to clients as part of its measures in assisting clients fight the spread of Covid 19. Since the beginning of this crisis, Advans Ghana has considered as ...

President Nana Addo Dankwa Akufo-Addo will officially open the Ekumfi Juice Factory today, Friday, 21 July 2020, in the Central Region. The $8-million project, which officially commenced in March 2018, had over 400 workers, including out-growers as of late last year. It is estimated that the Ekumfi Juice Factory would create 5,000 direct out-grower jobs within the community and its ...

Have you ever wondered how an individual with no banking blood in his veins could transform a fledgling bank in ten years? Frank Brako Adu Jnr, a native of old Tafo seems to have an innate instinct for what works – and what does not – at a bank. Both his father, a Presbyterian disciplinarian and mother were not finance ...

The King of the Nigerian Igbo Community in Ghana, His Majesty Eze Dr Chukwudi Jude Ihenetu and His Royal Majesty Eze Chuba, King of Igbos in Darfo and their entourage have dashed to the office of the Eastern Regional Minister, Eric Kwakye Darfour to beg for his intervention to avert plans to lock down retail shops of Nigerians. The Ghana ...

Who says beautiful ladies are only interested in beauty pageants or white-collar jobs? Well, whoever still entertains such thoughts has not yet met Nana Ama – a young and beautiful lady who took the bold step to become a pig farmer. Yes, a pig farmer; and a good one indeed. Some still do not understand why she chose this occupation. ...

US banking giant Citigroup has asked a federal court to force hedge fund Brigade Capital to return $176m (£134m). The money is part of the $900m the bank accidentally transferred to creditors of the struggling cosmetics company Revlon. The bank says it meant to send Brigade just $1.5m to cover interest on a loan the hedge fund holds. Citigroup blames ...

Standard Chartered Bank Ghana Limited, has been adjudged the Best Wealth Management Bank in Ghana by the UK-based Global Business Outlook Awards 2020, adding to the growing list of local and international awards won by the Bank this year. Commenting on the awards, Setor Quashigah, Head, Wealth Management, Standard Chartered Bank Ghana Limited, said, “At Standard Chartered, we continue to ...

Ticket prices according have shot up hours after president Nana Addo-Dankwa Akufo-Addo announced preparations by government to open the borders on 1st September, 2020. Ghana’s borders have been closed from March 2020 a few weeks after Ghana recorded its first coronavirus case. Even though the president provided opportunities for citizens abroad to be evacuated at a particular fee while they ...

Chairman of Groupe Nduom, Dr Papa Kwesi Nduom, has disclosed how the revocation of his licence to operate GN bank jeopardized his health. Narrating his ordeal, Dr Nduom said August 16, 2020, would forever remain “a day of infamy, treachery and robbery of the rights and assets of indigenous Ghanaian entrepreneurship”. In an interview from his base in America and ...