Ghana’s business front expects more from Akufo-Addo
Expectations are high within the Ghanaian business community ahead of the swearing in of the country’s President-elect Nana Akufo-Addo on January 7.
The President-elect prior to last year’s general elections promised to slash taxes and...
uniCredit sweeps two international awards
uniCredit, one of the leading savings and loans companies in Ghana, has been recognized by the European Business Assembly and the African Leadership Magazine at separate events in Dubai and the United Kingdom respectively.
In...
Effah replaces Yamson as Unilever board chairman
The Group CEO and chairman of the Fidelity Group, Mr. Edward Effah, has been appointed chairman of the Board of Directors of Unilever.
His appointment took effect on November 1, 2016.
He replaces Mr. Ishmael Yamson,...
We’ll deal with MMM Ponzi scheme swiftly – BoG
Ghana’s Central Bank has given a strong indication it will deal swiftly with the operations of a Ponzi financial scheme called the Mavrodi Mondial Movement popularly known as MMM.
The scheme was recently banned in...
MTN pioneers mobile ad app
In line with its quest to continually provide its clients with innovative products and services, MTN, Ghana’s most sought-after telecommunications network provider has announced the launch of FonAd, a free mobile advertising app.
Designed and...
Increase investment in Ghana – Mahama to Morocco
President John Mahama has urged Morocco to increase its investment in Ghana.
According to him, the recent commissioning of the Moroccan-owned Adoha Cement plant in Tema should help deepen bilateral relations between the two countries.
The...
SSNIT increases pension benefits by 18%
The Social Security National Insurance Trust (SSNIT) has increased the pension benefits of pensioners by 18%, the corporate Affairs Manager of SSNIT, Eva Amegashie has disclosed.
“On the whole there has been an 18% increment...
Ford Motors cancels $1.6bn Mexico plant
Ford has said it will cancel a $1.6bn (£1.3bn) plant it planned to build in Mexico and instead extend operations at its factory in Michigan.
The US car giant will spend $700m on expanding the...
Stanbic worker dupes customers GHc900,000
A 33-year-old outsourced worker of Stanbic Bank Ghana has been declared wanted by the Ghana Police Service for allegedly defrauding scores of customers of the bank of more than GHc 900,000.
The suspect, Martha Amakye,...
Feature: A time for equity
When faced with the daunting task of having to raise capital to finance its growth, a business has two options to consider – debt which is effectively, borrowed money, or equity, representing owners’ contributions.
As...