MTN Ghana, the largest telecommunications company in the country with about 15million subscribers, have submitted its prospectus to the Securities and Exchange Commission (SEC) and the Ghana Stock Exchange (GSE) to float 35 percent of its shares on the local bourse.
“Let me say MTN have submitted their prospectus to...
Outspoken financial analyst Kenneth Thompson is predicting scarcity of cash in the economy next year, despite the optimistic tone of government in the 2018 budget.
Alluding to the budget’s allocation of more than 80 percent of revenue to the payment of salaries and interest on loans, Mr. Thompson noted that...
President of the Chartered Institute of Bankers (CIB), Mrs. Patricia Sappor has urged banking professionals in Ghana to begin discussions on Crypto Currency.
According to her Crypto Currency is the next big thing happening, noting that as at November 2017, Crypto Currencies (digital Currencies eg. Bitcoin) have reached a record...
What a bold step! Can you imagine your child, brother or sister completes university and after national service comes back to tell you: “I want to sell waakye”? Just for the sake of our international readers, waakye is a Ghanaian food made of par-boiled rice and beans. That is...
The Ministry of Education (MoE) has finally received clearance to employ over 22,000 personnel --both teaching and non-teaching staff-- after government put a ban on employment in the education sector in the last few years.
“The ministry has received clearance to replace, recruit, reappoint and re-instate 22,802 personnel of different...
A survey conducted by Pew Research Centre (PRC), a US-based think-tank, has revealed that more than 75 percent of Ghanaians would not hesitate to grab an opportunity to migrate abroad to better their living conditions.
The survey, conducted in sub-Saharan countries that have supplied a huge chunk of migrants to...
The West African Gas Pipeline Reverse Gas Flow Project is expected to be ready by second quarter of next year, to ensure free flow of gas from Aboadze to Tema for power generation, Energy Minister, Boakye Agyarko has said.
Currently, gas from oilfields in the western coast only terminates at...
All is set for the establishment of a US$2.2million pepper processing factory under the auspices of the ‘1D1F’ initiative at Tuobodom, the district capital of Techiman North in the Brong Ahafo Region.
To that effect, the Techiman North District Assembly has allocated a ten-acre parcel of land to host the...
The Central Bank, in responding to challenges in the microfinance sector, has released a list of certified microfinance companies to help customers make informed choices. The list is made up of Tier 2 institutions or microfinance companies or and Tier 3 or money lending institutions across the country.
In a...