Business

Renowned Scientist Dr. Thomas Mensah Proposes High Speed Rail System for Ghana

Dr Thomas Mensah

Dr Thomas Mensah, one of the speakers at the 2017 Ghana Diaspora Homecoming Summit (DHS) held from July 5-8., 2017 at the Accra International Conference Center has called on Ghana to develop a High-speed Rail System (HRS) to link two of the nation’s important port cities; Accra and Takoradi in the South, to Tamale passing through Kumasi. President Akufo-Addo of ...

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WTO, FES regional dialogue addresses challenges in multilateral trading system in West Africa

The World Trade Organisation (WTO), in partnership with the Friedrich Ebert Stiftung (FES), held a regional dialogue on Challenges for the Multilateral Trading System in West Africa. The event which took place in Accra brought together civil society actors, business people, the media and WTO members and observers in the West African region. Participants were educated on the role of ...

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USAID study examines Impact of Trade-Related Fees and Charges in Ghana

The US Ambassador to Ghana Robert P. Jackson has launched “The Cost of Trading in Ghana,” a new study on the impact of trade-related fees and charges. United States Agency for International Development (USAID) conducted the study on behalf of the National Trade Facilitation Committee, according to a press release from the US Embassy in Ghana. The study was launched ...

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MTN CEO, others to speak at 2017 Victory Business Summit

The Chief Executive Officer of MTN Ghana Limited, Mr. Ebenezer Twum Asante is expected to be one of the keynote speakers at the 2017 Victory Business Summit. The summit, which is slated for July 2nd and 3rd, will be held under the theme, “ Growing Your Business: Knowing the Needs of Your Customers.” Others speakers in the two-day summit are ...

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New management commissions audit of SSNIT’s operations

SSNIT

The Social Security and National Insurance Trust (SSNIT) has begun processes to audit the Trust to improve its operations. The exercise is among others expected to inform the managers of SSNIT on the current position of the pensions’ regulator. It is also expected to give an understanding of what new measures ought to be implemented to make the Pension Trust ...

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GRA to sell off Vodafone assets within 14 days over tax default

Vodafone

The Ghana Revenue Authority (GRA) has served notice that it will be compelled to sell off the assets of National Communications Backbone Company (NCBC) within the next fourteen days should the company fail to provide proof to benefit from capital gains tax reliefs. The NCBC, which is a subsidiary of Vodafone Ghana is reported to have defaulted in capital gains ...

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Premium bank opens new branch,introduces innovative products

Premium Bank

Premium Bank brought premium banking to the people of Makola with the opening of its new branch, alongside the introduction of some of its innovative products and services; Jara, Premium CASA-Plus Account, Business Current Account and Premium Mobile, designed to cater for the individual and business needs of the market men and women. Since its launch in December 2016, Premium ...

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Banks’ loans to private sector increase by 45% in April – BoG report

Banks

Banks have begun easing out their stance on credit to the private sector following declining interest rates. The Bank of Ghana’s latest Banking sector report reveals that the credit allocation by banks increased from April 2016 to April 2017. Net loans and advances to the private sector by the commercial banks (which is total loans to customers, reduced by possible ...

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MTN reaching underserved areas through telephony solution

MTN

MTN Ghana, a telecommunications service provider is leading the digital revolution in Ghana with the increment of 4G sites, fibre optic extension and a rural telephony solution for underserved areas. Mrs Cynthia Lumor, Corporate Services Executive of the Company said 197 4G sites would be added this year to augment the existing 475 to meet the increasing demand for high-speed ...

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Ghanaian Businesses explore investment opportunities in US

Investment Summit

Eight companies from various industries across Ghana are participating in the 2017 SelectUSA Investment Summit in Washington D.C from June 18-20, ton, D.C, to explore opportunities in the United States. The Summit is the highest profile event to connect global companies and U.S. Economic Development Organizations (EDOs) to facilitate business investment in the United States. This was announced in a ...

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