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Skilled workers against increase in utility bills

Skilled workers in the Eastern Region have rejected the proposed increase in utility bills by the utility providers. Speaking at a consultative forum organized by the Public Utilities Regulatory Commission (PURC), at Koforidua, many tailors, dressmakers, hairdressers and small scale investors who spoke at the forum were of the opinion that, any increase in utility bills would seriously affect their work and ...

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WhatsApp now has 900 million users – CEO

WhatsApp, the popular messaging service Facebook purchased last year, now has more than 900 million users — eclipsing services such as WeChat, Facebook Messenger and Line. CEO Jan Koum revealed the new milestone on Facebook Thursday during a casually-worded check-in with his boss, Mark Zuckerberg. Launched six years ago, WhatsApp lets users easily send text-based messages, send and receive calls, videos and ...

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BlackBerry to buy rival Good Technology for $425 million

Canada’s BlackBerry Ltd said on Friday it will buy rival mobile software provider Good Technology for $425 million, to boost its ability to help corporate clients manage smartphones running on different operating systems. The cash deal may help BlackBerry, a one-time smartphone pioneer, win new customers for its services business, a priority as it shifts focus to device management software for enterprise cu ...

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120 SMEs to receive business linkage support

Invest in Africa (IIA), an organisation focused on using stakeholder partnerships to address challenges facing small and medium enterprises (SMEs), has inaugurated a three-year needs-based programme to improve the skills and governance within 120 enterprises from different sectors across the country. Dubbed the ‘Business Linkage Programme,’ it will offer hands-on training to the SMEs with both technical ass ...

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GMWU unhappy with state of mining areas

Mr Kwarko Mensah Gyakari, the Chairman of the Ghana Mineworkers Union (GMWU), has expressed worry over the low rate of development in some mining areas. He said some multi-national mining firms have failed to give the required attention to address the developmental issues of their host communities. Mr Gyakari said the core mandate of the metropolitan, municipal and district assemblies is to ensure that the ...

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Encroachers invade Songor salt project

Illegal miners have taken over the 42,000-acre government-acquired Songor Salt Project Site, restricting the Songor Salt Mines to just 3% of the acquired land. The company is therefore unable to produce enough salt to meet the growing demand for the commodity from countries in the sub-region. Chairman of the Interim Management Committee, Lt. Colonel (rtd) Jacob Dottey told the B&FT that although governm ...

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GeniSys solutions signs MOU with GIBA on Airwatch Software

Genisys Solutions, a leading IT software company in Ghana and a member of the Pelican Group has signed a memorandum of understanding with the Ghana Independent Broadcasters Association. The essence of this MOU is to enhance the understanding and cooperation between both parties in their area of business. Under the MOU, registered members of GIBA will enjoy special discounts on the Genisys acclaimed Airwatch ...

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‘Regulation needed to curtail profit repatriation’

Dr. Nii Kotei Dzani, Group Chief Executive Officer of Ideal Financial Holdings, has called for the introduction of policies and regulations to curtail the repatriation of profits by multinational firms operating in the country. “I believe it is high time we take a look at the laws governing repatriation of profits by the multinationals. They cannot be allowed to repatriate everything without being regulated ...

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SEC must speed up regulation review – Developers

Fund managers and real estate developers have called for the speedy review of the Securities and Exchange Commission’s (SEC) limitation on how much fund managers can invest in the housing sector. SEC two years ago, owing to the housing deficit and the growing importance of the real estate sector, indicated that it was to review its existing regulations that allows only 15 percent of funds under fund manager ...

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BoG chases microfinance directors

The Bank of Ghana (BoG) has begun a manhunt for directors of 10 microfinance companies who are operating illegally in the Brong Ahafo, Western, Northern, Upper East and Upper West regions. The central bank has consequently moved to shut down the unlicensed finance companies for breach of the financial regulations. The 10 blacklisted microfinance institutions are Care For Humanity International, Buoyant Inve ...

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