1,294 Tema, once recognised as an ideal city and the epicentre of industrialisation in the country, is losing its shine. Designed by the country’s first architect, Theodore S. Cler, the city, which was commissioned by the first President, Kwame Nkrumah, epitomised the beauty and serenity of urban settlement. But years of deterioration as a result […]
Business
Ghana Isn’t Part Of 10 African Countries With Highest Petrol Prices in 2022
1,19810 Countries with highest energy prices in Africa are as follows: Zimbabwe: $2.153. The country’s Energy and Power Development Minister, Zhemu Soda, said frequent petrol price hikes were due to developments in the international oil industry. Seychelles: $1.541. Though not an oil-producing country, Seychelles, some international oil companies are busy prospecting potential oil deposits off […]
Sefwiman Rural Bank makes giant strides despite economic challenges
982 The Management and Board of the Sefwiman Rural Bank made giant strides in the 2021 financial year despite the challenges that confronted the nation. The bank recorded a Profit Before Tax of GHC1,260,586 for 2021 as against GHC492,235 for 2020 representing an increase of 156 per cent. Again the bank’s Profit After Tax increased […]
NLC meets Telecom Union, employers over collective agreement standoff
756 The National Labour Commission (NLC) has met with the Telecommunication and Information Technology (IT) Professionals Union (TIP) and their employers to find an amicable solution to their standoff over collective agreement negotiation. The meeting followed an invitation extended to the NLC by the parties to assist them to resolve the impasse over their second […]
Sinapi Aba to train 300 youth from Koforidua, Suhum under its flagship Youth Apprenticeship Program
862 Three hundred youth from Koforidua, Suhum and its environment have been presented with training tools to enable them undergo a three-year apprenticeship training in their choice of trade. The training programme dubbed “Youth Apprenticeship Programme (YAP), an initiative of Sinapi Aba, a non-banking financial institution in the country is aimed at helping to inculcate […]
Why is Russia’s Economy or Ukraine’s Economy Doing Better than African Economies?: Razak Kojo Opoku Writes
752 Certainly there is no doubt that, the invasion of Ukraine by Russia has economic consequences for the rest of the World especially African Countries which are largely import driven economies. But it is also equally important for African Leaders to be proactive, pragmatic and find the appropriate economic turnaround solutions for their respective Countries […]
MTN Group further reduces debt with early settlement of $300m in eurobonds with 2024 maturity date
718Following on from strong first half 2022 results, MTN Group today announces the further deleveraging of the balance sheet with the early settlement of US$300 million in eurobonds with a 2024 maturity date. This brings MTN’s dollar-denominated debt down to 35% of total holding company (Holdco) debt on a H1 2022 proforma basis. In late […]
KNUST To Extend 4G Wifi Five Kilometers Off Campus
1,195 The Kwame Nkrumah University of Science and Technology (KNUST) has initiated a move to extend 4G WiFi internet access five kilometres off the university campus. “We want to extend the WiFi coverage extensively to ensure drop off rate (internet access) is reduced significantly,” the Vice Chancellor, Professor Mrs Rita Akosua Dickson said, adding that […]
MTN Group hosts Ghanaian investors
1,013 MTN Group this week hosted a Ghanaian investor at their Fairland head office, where they were pleased to exchange ideas and discuss their Ambition 2025 strategy: Leading digital solutions for Africa’s progress. MTN Ghana, which is part of their West and Central Africa (WECA) region, is a significant operating company within the MTN Group […]
MTN Dashes 2-bedroom house To “Me Nsa Aka oooo” Commercial lead Character
1,126 MTN Ghana has officially handed over a two bedroom house facility to Madam Rita Nhyiraba Tetteh, the lead character of the first mobile money radio and TV commercial. In a speech delivered by the CEO of mobile money,Mr.Eli Hini , during the handling over ceremony, he said that,over a decade ago, MTN began the journey […]