BUSINESS

Ghana Links Network Service’s plots to get a whopping US$92.97million compensation of judgement debt from the government using taxpayers’ money has been uncovered. Government will have to cough up to US$92.97million as compensation if the UNIPASS contract is terminated in the first year of its implementation. This was contained in the Trade Facilitation Agreement signed on March 29, 2018, between ...

Serial entrepreneur, Rafe Furst, is no stranger to pressure. He played poker at the professional level and stared down other pros to win first place at a World Series of Poker event, netting $350,000 in prize money and a World Series of Poker Championship bracelet. He has co-founded several companies, and personally invested in dozens of others at the early ...

The psychology of making money. Regardless if you need to earn some fast cash or we’re just talking about making money in the grand scheme of things, there’s an important psychology that needs to be mentioned before getting into the strategies. If you study Freud’s model of the mind, you’ll discover the Psychic Apparatus. It’s the three-part construct in your mind that ...

Fidelity Bank Ghana has denied a statement attributed to National Democratic Congress (NDC) MP for Bolgatanga Central, Isaac Adongo, that the bank intends to take over the assets of Consolidated Bank Ghana (CBG). “We wish to state in no uncertain terms that Hon. Adongo’s statements are not only despicable and irresponsible but false, defamatory and constitute tortious interference with our business ...

The Minority in Parliament is demanding the withdrawal of the customs (Amendments) bill 2020 laid on Tuesday March 3. The bill when passed will ban the importation of overaged and accident vehicles. Speaking during the approval of the joint report of Trade and Finance committee, deputy ranking for the Trades Committee and Tamale Central MP Inusah Fuseini argued the bill ...

Feasibility studies for ten (10) new airports, airstrips and helipads are expected to commence in earnest this year. The studies will cover proposed Takoradi Airport and Upper East Airport; development of airstrips and helipads at Mole, Yendi, Kete Krachi, Tarkwa, Obuasi, Koforidua, West Central and Kyebi. The total cost for the feasibility studies, to be undertaken by the Aviation Ministry, ...

Spare parts dealers at Abosey Okai have expressed fears they will run out of stock if the spread of the novel Coronavirus continues. According to Clement Boateng, the National Organiser of the Ghana Union of Traders, most of the spare parts and other import products used in Ghana are brought in from China hence the fears. “Things like drugs, spare ...

A local manufacturing company in Cape-Coast in the Central region has been shut down suddenly by the management. Workers of Ameen Sangari Industries reported to work Monday morning to read notices that the factory had been closed down until further notice. Management has directed the workers are paid their February salaries while they work on their severance packages. Shocked workers ...

As part of activities marking the citizenship week by STAR-Ghana Foundation, stakeholders, partners among others have met to take stock and reflect on activities of the foundation and lessons drawn from practise. The two days event held in Accra also provided an opportunity for stakeholders to discuss possible alternative sources of funding as the multi- donor funding package for STAR-Ghana ...

An economist with the University of Ghana Business School Dr Lord Mensah has backed claims that the deadly Coronavirus could be a reason for the recent stability of the Cedi. According to him, Ghana does huge volumes of trade with China and therefore not surprising that traders may not be changing dollars for trips as a result of the situation ...