Business

Minister for Business Development, Mohammed Awal, has charged businesses in the country to align their Corporate Social Responsibility (CSR) projects to that of government policies to enhance development of the country. Dr. Awal want businesses to give graduates the opportunity to get training in their organizations as part of their …

Some Ghanaians have spoken against the expected increase in price of sachet water from today November 12, 2018. According to them, the increase the price of a bag of sachet water will only add on to the already high cost of living in the country. The National Association of Sachet …

A total of 1.4 billion cedis belonging to other financial institutions is locked up with the Consolidated Bank as management of the bank says it does not have the cash flow to pay bulk depositors. Some of the customers are financial institutions including Microfinance and Savings and Loans Companies who …

Importers of consumables such as canned fish and drinks, cooking oils and tomato paste will have to get duties on those items paid upfront and have them cleared from the ports, as they will no longer be eligible for warehousing – effective November 1, 2018. Two other items which can …

Freight forwarders are embarking on a strike today [August 27, 2018] to protest against the implementation of the Cargo Tracking Notes (CTN) system at the ports. The action has been necessitated by what the businesses say is the government’s failure to heed concerns on the policy which impedes trade facilitation. The strike …

Deputy Minister for Trade and Industry, Robert Ahomkah Lindsay, has hinted that as part of government’s One District, One Factory initiative, 57 factories have received approval from investors and will soon commence operations in the Greater Accra Region. More than half of the 57 factories the deputy Minister disclosed are …

Staff of the newly-established Consolidated Bank will have their employment assessed after a 60-day period to determine whether they are to continue working with the bank or not. A letter sent to the about-3,700 staff yesterday morning, signed by the CEO Daniel Addo, said: “The purpose of this letter is …

The Bank of Ghana says it is working to introduce mobile payments for persons interested in making checks on the collateral registry. The registry was established under the lenders and borrowers act to facilitate access to finance through secured lending. Speaking at the launch of the financial literacy and awareness …

Former workers of the defunct UT and Capital Banks have made an appeal to the central bank to ensure that their exit package, as agreed between UNICOF and the Receiver (PwC), is paid. The Bank of Ghana revoked the two banks’ licences due to severe impairment of capital on August …

Houses in Ghana will continue to be expensive until government implements pragmatic interventions to support the real estate sector. That’s the assertion of the Executive Secretary of the Ghana Real Estate Developers Association (GREDA), Sammy Amegayibor. Expressing his disappointment with government’s lack of support on the Citi Breakfast Show on …