Business

NIC bars 2 insurance companies from operation

THE NATIONAL Insurance Commission (NIC) has barred two insurance companies from full operation. It has also extended its deadline till end of 2018 for companies to meet its increased minimum capital gain. The Insurance Act requires that all insurance and reinsurance companies meet a minimum capital requirement of GH¢ 15 million. The deadline which was originally set for 2015 was ...

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What is cryptocurrency or digital cash?

bitcoin

Few people know, but cryptocurrencies emerged as a side product of another invention. Satoshi Nakamoto, the unknown inventor of Bitcoin, the first and still most important cryptocurrency, never intended to invent a currency. In his announcement of Bitcoin in late 2008, Satoshi said he developed “A Peer-to-Peer Electronic Cash System.” His goal was to invent something; many people failed to create ...

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Gov’t to revive Gyankobaa ginger processing factory

The Member of Parliament for Atwima Nwabiagya South Constituency Hon Emmanuel Agyei Anhwere has assured that government will revive the defunct ginger processing factory at Gyankobaa in the Atwima Nwabiagya District. The Gyankobaa Ginger Processing Factory was established in 1975 Former President Colonel I.K. Acheamong to dry and mill ginger produced by the farmers at Gyankobaa. Hon. Emmanuel Adjei Anhwere speaking ...

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Bitcoin starts a new year by tumbling, first time since 2015

bitcoin

For the first time since 2015, the cryptocurrency began a new year by tumbling, extending its slide from a record $19,511 reached on Dec. 18. The virtual coin traded at $13,440 as of 3:55 p.m. in New York, down 6.1 percent from Friday, according to data compiled by Bloomberg. That’s also a fall from the $14,156 it hit Sunday, according ...

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How to avoid a financial hangover in the New Year

With Christmas being an expensive time for many us, Martin Upton – Director of the True Potential Centre for the Public Understanding of Finance at The Open University Business School – shares 10 Christmas spending tips, to get your finances on track for the New Year. As we approach the festive season, TV adverts and newspaper inserts are encouraging us to embark ...

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10 Tips To Spend Money Wisely this Christmas

‘Tis the season to be smart. Follow this valuable advice to make the most out of your budget during the holidays. And remember that using Interac Debit instead of credit means zero interest payments in the New Year! 1. Don’t cling to every holiday “deal” you find. Even though you may feel as if you’ve been wounded by Cupid’s golden arrow when laying ...

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How To Ensure You Rank Top On The Best 100 Employers List

smes

We are at an age where it is not just about getting vacant positions in your company filled. The priority right now is getting quality talent working for you. While this is prudent for you as an employer, the real priority is being the kind of employer that will automatically attract and retain good talent. When candidates are looking for ...

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How to identify which company you want to work for

cedi depreciation

When thinking about what kind of company you want to work for, think about it in terms of not merely working for an employer but working with a company  that you really want to form a connection with that’s about more than just getting paid for going into the office every day. 1. Think about what you want to achieve ...

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NEIP beneficiaries to create 500,000 jobs in 4 years – Minister

The Ministry of Business Development has estimated that it will create over 500,000 jobs within the next four years, where Social Security and National Insurance Trust (SSNIT) contributions will be paid for the beneficiaries. The Minister for the sector, Mohammed Ibrahim Awal, gave this estimate at the opening of a training programme organised for some 800 start-ups who have applied ...

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Dr Mensah launches ‘The Right Stuff Comes in Black Too’

The right stuff comes in black too

A GHANAIAN-AMERICAN fibre optics inventor, Dr Thomas Mensah, has launched his book dubbed ‘The right stuff comes in black too’ on last Thursday at the City Escape hotel in Accra. According to him the book ‘The Right Stuff’ was a term that was used to describe U.S Astronauts and space pioneers because of their ability to work in a harsh environment ...

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