The founder and Chief Executive Officer of Fidelity Group,
Mr Edward Effah, joined about 100 business leaders from across Africa to
participate in IBM's Smarter Planet Leadership Forum held in Nairobi, Kenya, to
dialogue with IBM senior executives about taking advantage of big data and
disruptive shifts to support the continent's growth.
Businesses in Accra are having a tough time breaking even as
they spend a chunk of their profit to fuel generators, the cost of which has
also shot up, following the erratic power supply in recent times.
PBC Limited suffered a 64 per cent reduction in net profit before
tax, owing to some inherent challenges in the cocoa purchasing business, rising
operational costs and a general slowdown in cocoa output in the 2011/2012
With so many young workers joining the labour force, more than 600 million jobs must be created by the end of the decade just to maintain today’s employment levels. The vast majority—90 percent, by most estimates—must come from the private sector. There is no alternative.
The Chief Executive Officer of the First National Savings
and Loans Limited, Mr Patrick Anumel, has expressed huge satisfaction at the
performance of the company in the 2012 financial year and has encouraged the
management and staff to work assiduously this year so as to double the
achievements of the previous year.
The Association of Ghana Industries (AGI) has called on the government
to cede off some of the contracts in the oil and gas sector to local
enterprises in order to promote the growth of the local industries.
The Consumer Price Index (CPI) which measures the change
over time in the general price level of goods and services that households
acquire stood at 8.8 per cent in January, the same as recorded in December
The Managing Director of Zenith Bank (Ghana) Limited is
urging his peers in the industry to pull their resources together and
collaborate for the general good of the industry and the country rather than
setting their eyes only on competition which results into individual glories.
Access Bank (Ghana) Limited is to reward the first 100
customers to update their personal and business records at the bank with a
lifetime free-of-charge cost of transaction (COT) on the running of their
accounts with the bank.