The Ministry of Communications has tasked the National Communications Authority (NCA) to immediately liaise with the mobile network operators in the country to determine the prevalence of fake mobile phones in use and the level of potential security risk Ghana is exposed to.
The fourth CEOs Summit scheduled for May 20-21, 2019 will focus on how to explore the ongoing technological revolution to transform Ghana’s economy, the convenor of the summit, Mr Ernest De-Graft Egyir, has stated.
Indigenous Ghanaian businesses and joint ventures executed upstream oil and gas contracts totalling $10.6 billion in the last 10 years, Tullow Oil Ghana has disclosed.
The low domestic revenue mobilisation to finance economic growth risks leading the country into accumulating more debt, which can derail macroeconomic gains.
It may entirely be poisonous to feed from the ‘business is difficult these days’ chorus, advises CEO Summit Founder, Ernest De-Graft Egyir, who says there are great Ghanaian business success stories to learn from.
Newmont Mining Corporation has successfully completed the acquisition of Goldcorp, a gold production company headquartered in Vancouver, British Columbia, Canada, to create the world’s leading gold mining company.
The managing Director of the Tema Oil Refinery (TOR), Mr Isaac Osei, has made a strong case for a percentage of crude oil produced in the country to be given to the state-owned refinery to process into final products for domestic consumption.
The African Research Universities Alliance (ARUA), made up of 16 universities, has received a £20 million grant from the United Kingdom to investigate the big issues facing the world such as climate change and resilience, pollution and environmental degradation and disease and improved health.
The Governing Committee of the Women Entrepreneurs Finance Initiative (We-Fi) has approved a funding allocation of $61.8 million for the African Development Bank’s Affirmative Finance Action for Women in Africa (AFAWA) programme.
AngloGold Ashanti Ltd plans to sell its last South African mine, marking the exit of Anglo American Plc and the companies it spawned from the industry that created Africa’s biggest economy.
The government is seeking a US$200 million credit support from the World Bank to help diversify the economy in a manner that will create more opportunities for the vulnerable.
The National Insurance Commission (NIC), through the Ghana Insurance College (GIC), is in the process of training 10,000 youth as Insurance Sales Agents as an agendum for job creation to ultimately lead to an increase in the insurance penetration rate currently under two per cent.
The Board Chairman of GOIL, Mr Kwamena Bartels, has been awarded the “Outstanding Board Chairman of the Year 2018” at the 9th Entrepreneur and Corporate Executive Awards in Accra.
Stanbic Bank Ghana Limited has launched the ‘Achiever Power of Choice Proposition’ which allows individuals to sign up to multiple products when they visit the bank.
The Bank of Ghana has warned the general public to use only the Ghana cedi (GH¢) and pesewas (GHp) to pay for goods and services in the country or be punished.
The Parliamentary Select Committee on Mines and Energy has advised the government to ensure that the mandate of the proposed Ghana Iron and Steel Development Corporation does not conflict with that of the Minerals Commission as provided under Article 269 (1) of the 1992 Constitution.
