Business

Announcement of Scancom PLC (“MTN Ghana”) CEO promotion to the new role of MTN Group, Chief Commercial Officer

1,297  As part of our work to ensure orderly leadership succession, MTN Group announces the appointment of MTN Ghana CEO, Selorm Adadevoh, a Ghanaian, to the new role of MTN Group, Chief Commercial Officer, taking over from Jens Schulte-Bockum who steps down as Group Chief Operating Officer at the end of his contract term in […]

Business

Nigeria: Ethiopian Airlines bans “Ghana-Must-Go” bags on flights

1,258  Ethiopian Airlines has banned passengers from using ‘Ghana-Must-Go’ on any of its flights from Nigeria. The restriction was disclosed in a letter signed by Henok Gizachew, the airline’s Manager of Airport Services, addressed to the Regional Manager of the Federal Airports Authority Of Nigeria (FAAN). The letter is dated November 24, 2023. “The use […]

Business

KGL group bags 3 prestigious awards at the National Communications awards 2023

2,033  In an exciting turn of events, KGL Group, a leading player in Ghana’s digital landscape, has been honored with three prestigious awards at the National Communications Awards 2023: Ghana Digitalization Edition and Digitilization Expo 2023. The awards ceremony, which celebrates excellence in communication, digital innovation, and technology, recognized KGL Group for its significant contributions […]

Business

Odotobri rural bank PLC records profit

1,276    By: David Amoateng _Amansie Central The Odotobri Rural Bank PLC has recorded profit of GH 3,858,080.34 2022 as against GH 2,826,809.77 representing an impressive increased profit margin. Savings account in 2022 is GH 97,256,191.89 as compared to Gh 73,917,904.51 2021, whereas Current account 2022 indicated 46,797,382.14 and 43,385,573.59 2021 respectively. Fixed deposits including […]

Business

Pharmacy Council shuts down over 100 pharmacies

1,791  The Pharmacy Council has shut down over 100 pharmaceutical shops in Ghana between September and November for operating illegally and prescribing the wrong medications. The Council’s Deputy Registrar, Dr. Daniel Danquah, said that the Council is committed to enforcing its laws and will continue to take action against pharmacies that do not comply. “About […]

Business

PURC reduces electricity tariff by 1.52%, water tariff up by 0.34%

1,392  The Public Utilities Regula­tory Commission (PURC) has announced a 0.34% increase in water tariff and a 1.52% decrease in electricity tariff to take effect on December 1, 2023. The water tariff for residential customers increased from GHS/m³ 4.72 to 4.74 while non-residential customers moved from GHS/m³ 14.13 to 14.19. For water sachet producers, their […]

Business

Gov’t pushing for law to ban import of ‘yemuadie’, rice, others without committee approval

1,160  The government is pushing to establish a regulation that will restrict the importation of what they call strategic products. This development is set to take place without the Minority’s proposed establishment of a committee by the government to assess the move. Some items include rice, fruit juices, yemuadie, fish, cement, and some other 17 […]