The Mobile Network Operators (MNOs) in the country which were collectively fined a total of GH¢34,065,000 by the National Communications Authority (NCA) for various infractions in their licence conditions have refused to pay the penalty.
Players in the business community have asked Tunisian investors to take advantage of Ghana’s stable socioeconomic and competitive environment by partnering their Ghanaian counterparts to establish multinational companies that can profit Africa’s over 1.2 billion consumers.
An investment analyst, Mr Alhassan Mahama Iddrisu, has warned the public against investments in monetary investments that yield more than five per cent above a prevailing treasury bill rate in the country.
Africa's quest to transform its economy will yield fewer results if politicians in the continent do not commit to a deliberate agenda that aims to diversify their economies, enhance competitiveness and increase exports for the well-being of the people, an industrialist and ManagingDirector of Tropical Cable and Conductor Limited (TCCL), Mr Tony Oteng-Gyasi, has observed.
Three pension fund managers have signed preliminary agreements with the Ghana Amalgamated Trust (GAT) Limited to confirm their readiness to contribute patient capital to invest in five well run but undercapitalised indigenous funds in return for equity holdings, the GRAPHIC BUSINESS has been reliably informed.
Mining companies operating in Zambia have failed to show how higher taxes introduced this year will affect their profitability despite objecting to the new framework, a senior government official has said.
Tax expert and Managing Partner of Ali-Nakyea and Associates, Mr Abdallah Ali-Nakyea, has urged the government to fully operationalise the National Single Window and Paperless regime at the country’s seaports.
The Ghana Standards Authority (GSA) says it will destroy all inferior products seized from manufacturers, importers and retailers in a bid to sanitise the market and discourage the trade in inferior products.
The Managing Director and Chief Executive Officer (CEO) of Zenith Bank Ghana, Mr Henry Oroh, has said that the recent recapitalisation exercise that has seen 23 banks increase their minimum stated capital to GHc400 million will increase competition in the industry which will subsequently drive interest rates down.