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Auto industry gets new online service

A start-up technology and investment company in Ghana, Comfortable Life Technologies and Investment (CLTi) Ltd, has launched an online service for the Ghanaian automobile market. The service, which is being delivered under the brand name Auto Dad, brings automobile dealers, service providers, and customers together in a simple, efficient and effective manner to conduct business. This was disclosed on Class ...

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‘Food and Jobs prog. has great job potential’

According to the analysis of the 2017 National Budget, focused on the food and agricultural sector, the Planting for Food and Jobs policy which is expected to provide 750,000 jobs, is laudable because it has the potential of absorbing unemployed youth as well as increase productivity, food security and the nutritional status of families. The report also said the "One District, One Factory" policy should pri ...

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GRA, EOCO to combat financial crimes

Government has expressed its strong commitment to combating illicit financial flows arising from money laundering, bribery, corruption, tax evasion and other financial crimes. The Commissioner-General of the Ghana Revenue Authority (GRA), Mr. Emmanuel Kofi Nti said: "At the political level, I can say that we have the commitment of the Presidency itself. The President and his Vice are committed to fighting c ...

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Leakages detected on TOR pipelines

An emergency operation was on Thursday carried out by personnel of the Fire Safety Department of the Ghana Ports and Harbours Authority (GPHA) to prevent a possible fire outbreak, following leakages on 18-inch diameter crude pipelines of the Tema Oil Refinery (TOR). The leakages are said to have been noticed last Monday but the operation was carried out on Thursday after officials of the GPHA and TOR realis ...

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UBA wins ‘Best Bank – Product Innovation and Services’ award

The United Bank for Africa (Ghana) Limited, on Saturday won “Best Bank – Product Innovation and Services” for its innovative cash transfer product across Africa - Africash - at the just concluded Ghana Banking Awards which was held at the Labadi Beach Hotel in Accra. The prestigious annual event was first established in 2001 to celebrate outstanding performance within the banking fraternity and was created ...

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Akufo-Addo: Economy showing good signs

President Nana Akufo-Addo has said that the “macroeconomic indices are beginning to show a turn for the better”. Addressing journalists at the Flagstaff House on Tuesday 18 July vis-à-vis his first six months in office, Mr Akufo-Addo expressed hope that the economy would show significant positive growth. He explained that the Monetary Police Rate (MPR) of the Bank of Ghana (BoG) has been cut from 25.5 perce ...

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Akufo-Addo names Kofi Mensah as new ADB MD

President Nana Akufo-Addo has nominated Dr. John Kofi Mensah as the new Managing Director of the Agricultural Development Bank (adb). If approved by the bank’s Board of Directors, Dr. Mensah would replace Mr. Daniel Asiedu, who was appointed in March 2016. The Central Bank owns 9.5 percent stake in ADB and the Government of Ghana owns 32.3 percent stake. The remaining stake is held by EDC Capital – six perc ...

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Akufo-Addo names Agnes Adu as Trade Fair MD

President Nana Akufo-Addo has named Dr. Agnes Adu as the acting Managing Director of the Ghana Trade Fair Company (GTFC) Limited. The Optometrist and lecturer will steer the affairs of GTFC pending the appointment of a substantive Managing Director by the Board of Directors. In a letter written by Finance Minister Ken Ofori-Atta on behalf of the president to announce Dr Adu’s appointment, the management of ...

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Privatisation of ECG useful : IMANI

This study seeks to measure the success of reforms in electricity distribution for Ghana, Uganda and India and then extrapolate based on the findings, potential gains to Ghana from incorporating private participation into the distribution of electricity. The general assumption is that, the long term concession model that Ghana purports to adopt in the reform of electricity distribution has been applied by U ...

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Ecobank is best bank for 8th time

Ecobank Ghana has been adjudged the Bank of The Year at the 16th Ghana Banking Awards making it the 8th it has bagged in the life of the event organised by Corporate Initiative Ghana. There were 33 banks that competed for the top laurel as well as 16 other award categories. Apart from winning the Bank of The Year award, Ecobank Ghana also won the Best Bank in Corporate Social Responsibility and Best Financi ...

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