Admiring the sea at the Goree’ Island in Senegal somewhere September 2016, a conversation ensued as regards the status of Chinua Achebe and Prof. Wole Soyinka in Africa. A lot were said about these two; albeit I cannot recall all that was discussed. One thing that still lingers or rings...
MTN Ghana has withdrawn its application filed at the Supreme Court to challenge a judgement declaring the company as a Significant Market Power (SMP). The company explained in statement that it reached the decision after engaging with the National Communications Authority (NCA) and the Ministry of Communication in a concerted...
Covid-19 continues to have an adverse impact on the global landscape. Assets worldwide are depreciating and bankruptcies abound; gold is a new means of storing wealth; stocks are at their lowest and almost worthless - except those of companies that provide the basics. Tullow that once was trading at...
The Africa Centre for Energy Policy (ACEP) is urging government to use the extractive oil resources efficiently to benefit all and also enhance socio economic activities in the country. This, ACEP said, would help to ensure that all projects that were benefiting from oil funds are executed efficiently and on time...
Staff of insurance group, Hollard Ghana, with subsidiaries, Hollard Insurance and Hollard Life Assurance, came out in force to pay the road tolls of over 20,000 motorists as a gesture of appreciation and care as part of the company’s customer service week celebrations. Saloon, four-wheel drive and selected commercial vehicle...
…Trade Minister lauds impressive revenues collected via ICUMS The Ghana Revenue Authority (GRA) has reverted to its original revenue collection target of GH¢47.2 billion for 2020 after revising it down to GH¢42.7 billion earlier due to the impact of the COVID-19 pandemic. The move to go back to the original target,...
Fund managers to raise GH¢2m minimum capital Broker-dealers require GH¢1.5m Trustees require GH¢50m The Securities and Exchange Commission (SEC) has issued a comprehensive set of new capital requirements for all market operators in Ghana’s fast growing capital market with a December 31, 2021 deadline for existing players but new...
Over 98 contracts worth more than US$389million which were awarded by Aker Energy, AGM, Eni, GOSCO and Springfield from the last quarter of 2019 to the first quarter of 2020 in the upstream sector were cancelled due to the COVID 19 pandemic. The cancellation of these contracts such as the...
Ghana confirmed its first two COVID-19 cases on March 12, 2020, imports from Norway and Turkey. Africa has since recorded over 1.5 million cases and counting. In terms of infections and deaths, we have fared better than most other regions. Perhaps this is because of our youthful population, the natural...
Consolidated Bank Ghana (CBG) has launched its campaign as part of its second anniversary activities to reward customers and prospective customers who have supported deprived communities, institutions, groups, families, and individuals during the COVID-19 crisis. The three-month campaign dubbed ‘We Stand With You’ which is starting this month (October) is a weekly...