Wednesday, May 18, 2022
Somoco Ghana Limited, a subsidiary of the Mohinani Group, in partnership with Indian manufacturer of Motorbike, Bajaj, has introduced two new bikes on the Ghanaian market.The Pulsar 220 and the Discover 125 motorcycles, that were launched in Accra, is designed to thrill users, with high-end technology to meet aspirations...
Stanbic Bank Ghana hosted international Tax Expert, Kristin Konschnik, at the first session of the 2018 Wealth and Investment Seminar Series to educate clients on the standard glaboal requirements needed when doing business in the United States of America.The seminar brought to bear the Bank’s expertise and capabilities on...
The Ghana Investment Promotion Centres (GIPC), as part of its ‘Ghana on the Go CEO’s breakfast meeting’, hosted CEOs and Business leaders to discuss laws and sanctions that come with Technology Transfer Agreement.The Technology Transfer regime relates to a relationship between a parent company or an external company and...
Simon Dornoo, who formerly headed GCB Bank, has been appointed to lead the team of experts from accounting and auditing firm, KPMG, to revive and stabilise uniBank Ghana Limited.With 25 years experience in banking, Mr. Dornoo will act in that capacity over the six months that uniBank is expected...
A Deputy Minister for Energy Mohammed Amin Adam has assured Ghanaians that, the shutdown of the Floating, Production, Storage and Offloading (FPSO) Kwame Nkrumah in May this year will not affect power generation and distribution.According to him, enough plans have been put in place to ensure that, Ghana does...
Ghana has singed a new Strategic Partnership Agreement with Cote D’Ivoire, which is aimed at addressing the challenges of the cocoa sector, called the “Abidjan Declaration.”Per the framework for the implementation of the Strategic Partnership Agreement, the two countries, are expected to end smuggling and help set an equal...
The Ghana National Petroleum Corporation (GNPC) is seeking private investors for the ailing Prestea Sankofa Gold Limited, one of the inherited unprofitable entities of the oil and gas-focused company, as it seeks to streamline its activities and focus on its core mandate.“The prudent thing we have done is to...
The Chartered Institute of Logistics and Transport (CILT) thinks government is focused too much on maximising revenue at the ports, as against the effective trade facilitation its paperless ports project is supposed to ensure.There is a need for government to find the right balance between maximising port revenue and...
Bank of Ghana (BOG) has today announced a reduction in its Monetary Policy Rate (MPR) by 200 basis points from the current 20% to 18%.The cut in the policy rate which is the biggest drop since November 2014, according to the Governor of the Bank of Ghana, Dr. Ernest...
Although inflation rose from 10.3 percent in January to 10.6 percent in February, the Monetary Policy Committee (MPC) of the central bank has expressed confidence in the disinflation process, generally, as it voted to reduce the policy rate by 200 basis points to 18 percent.Addressing the press on Monday...
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