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Businesses still reel under high cost of utility, taxes — AGI report

James Asare Adjei, President of the AGI

HIGH COST of utility still remains one of the major challenges confronting businesses in Ghana, the Association of Ghana Industries (AGI) 2016 fourth quarter business barometer report states. According to the report, high cost of credit, multiplicity of taxes and cedi depreciation followed closely as top challenges for businesses. Comparing …

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Govt begins work on digital property address system

Vice President Alhaji Dr Mahamudu Bawumia (middle) with the stakeholders at the meeting

VICE PRESIDENT Alhaji Dr Mahamudu Bawumia has announced government’s plans to have a centralised national database to digitally record all state property and citizen’s data. He announced this at a meeting with key stakeholders, including the Minister for Local Government and Rural Development, Hajia Alima Mahama, on Monday, February 6, …

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Access Bank tops ‘Most Influential Banks’ list

ACCESS BANK Ghana has emerged as the most influential among 10 top banks rated on social media in Ghana. It was followed by Fidelity Bank Ghana, Universal Merchant Bank Ltd, Agric Development Bank Ltd, Stanbic Bank Ghana Ltd, GCB Bank Ltd, UT Bank Ghana, Capital Bank, First Atlantic Bank Ltd …

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IMF deal needs ‘tweaking’ after discovery of shortfall – Finance Minister

Ken Ofori-Atta, Minister of Finance

GHANA’S DEBT bailout programme with the International Monetary Fund may require “tweaking” after the nation’s new administration revealed that GH¢7 billion ($1.6 billion) in expenses were not accounted for by the previous government, the finance minister said. The government is in talks with the IMF and will seek to finalise …

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CPC share price appreciates 200%

CPC share price appreciated by over 200% from 0.01 to close at GH¢0.03 Per share

THE COCOA Processing Company (CPC) led the gainers in the first week of February trading on the Ghana Stock Exchange (GSE) as the price of its shares appreciated by 200% to close at GH¢0.03 per share from the previous price of GH¢0.01. The Standard Chartered Bank climbed 15.2% from GH¢13.19 …

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UMB holds training programme

Participants in the workshop listening to Mr. Ernest Tetteh, Manager of Business Banking at Universal Merchant Bank

AUTHORITIES OF Universal Merchant Bank have organised a two-day training programme for customers in Ashanti Region to educate them on some preventive measures that will help them witness growth in their various businesses. The programme also took the customers and new entrepreneurs through measures that can help them address any …

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MTN, Fidelity launch Y’ello save account

MTN and Fidelity officials at the launch of MTN Y’elloCommunications

ROSEMOND BOATENG ADDAI MOBILE TELECOMMUNICATION Network (MTN), in partnership with Fidelity Bank, has launched ‘Y’ello Save Account’ to give subscribers a convenient way to save and earn attractive interest rate of 12% in the country. Speaking at the launch in Accra, the Chief Executive Officer (CEO) of MTN Ghana, Mr …

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Ignore 15% transport fare rumour — GPRTU

The GPRTU says rumours of intended increase in transport fares should be ignored

DAAKYEHENE OFOSU AGYEMAN THE GHANA Private Road Transport Union (GPRTU) has called on the general public to ignore statements and rumours making  rounds that transport fares will be increased by next week. GPRTU, which is the umbrella body that unites private commercial vehicle owners and their drivers in Ghana, said …

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MTN partners with Huawei Tecnology: To unveil ‘Huawei Mate 9’

Mr Long Feing, President of Huawei Technologies for Southern Africa Regional Device (L), with Chief Marketing Officer (CMO) of MTN Ghana, Mr Asher Khan, showcasing the new ‘Huawei Mate 9’

ROSEMOND BOATENG ADDAI MTN GHANA, in partynership with Huawei Technologies, has launched a new android phone called ‘Huawei Mate 9’ in Accra. The phone, according to the two partners, will make customers have new experience in smart phones. Speaking at the launch, the Chief Marketing Officer (CMO) of MTN Ghana, …

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SEC suspends licences of two investment companies

THE SECURITIES and Exchange Commission (SEC) has suspended the licences of Met Capital Group Limited and Mec-Ellis Investments Limited, both investment advisors, for breaching some provisions of the Securities Industries Law. “The Commission kindly requests any person who has given funds to Mec-Ellis and Met Capital Group for investments to …

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