The government of Ghana has confirmed reports that it is at an advanced stage in discussions with Bharti Airtel and Tigo for the transfer of AirtelTigo shares to government - along with all customers, assets and agreed liabilities. The transaction, a statement from the Communications Ministry said, will shortly be...
Olam Ghana, a wholly-owned subsidiary of leading food and agri-business Olam International, has launched its locally grown and sourced rice brand – Mama Gold, a premium jasmine rice –  to bring more choices to consumers in Ghana. Already a successful and established rice brand in Nigeria, Mama Gold will offer...
…as Alhassan Andani retires on Nov 30th The Stanbic Bank Ghana board of directors, with approval from the central bank, has selected Kwamina Asomaning, currently the Executive Director of Corporate and Investment Banking, as their new Chief Executive. Kwamina Asomaning, a key member of Andani’s team for the past 10 years,...
...as it launches 60th anniversary The Volta River Authority (VRA) is seeking to use digitisation to drive the next chapter of its growth, and also wants to be the leader in the country’s electric vehicles space. The state-owned power generator and supplier of electricity will mark its 60th anniversary in April...
Ecobank Ghana and the Devtraco Group have signed a mortgage financing agreement under which Ecobank will provide exclusive financing arrangements to would-be homeowners desirous of patronising luxury and middle-income homes from Devtraco Plus & Devtraco Limited. The agreement, which was signed at the ultra-modern head office of Ecobank in Accra,...
While the coronavirus pandemic has had a negative impact on many businesses throughout 2020, a recent rebound in mergers and acquisitions (M&As) has pointed towards a partial recovery in investor sentiment – as well as demonstrating that certain sectors have taken on greater importance as a result of COVID-19. During the...
Finance Minister, Ken Ofori Atta has requested for the withdrawal of the sum of GHc27,434,180,520.00 from the Consolidated Fund to enable government meet expenditure in the first quarter of the year 2021. This, the Minister said in his address to Parliament, is in accordance with Article 180 of the 1993...
Ghanaian workers have reported shocking human rights abuses aboard Chinese-owned trawl vessels - from beatings to a lack of drinkable water or basic medicines, and punishing working hours. This abuse of the crew goes hand-in-hand with threats, bribery of fisheries observers, and large-scale illegal fishing. The testimonies, documented in a new...
The Voices against Tribalism (VaT), a social development, research and advocacy based Non-Governmental Organisation has urged all presidential aspirants to be decorous in their utterances when campaigning. The group, in statement reminded the aspirants to first seek the unity of the country by avoiding acts that are divisive. The chairman of...
Motivation is unobservable directly. As noted by Kwon (2016), “motivation resides within an individual and it enables them to act in a particular manner to achieve specific goals and objectives”. For instance, acquiring money is owing to extrinsic motivation but the main reason behind the acquisition of the money...