BUSINESS

How cybercrime and digital technologies are fuelling illicit financial flows in Ghana

The issue of illicit financial flows is not new; however, the increasing complexity of the digital economy and fast-evolving technologies in the last few decades is changing the landscape of this problem. The threat posed by the 21st-century cybercriminal in earning money illegally and transferring it across borders with a simple mouse click was realised when a syndicate of 26 ...

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Communique’ on cryptocurrency conmen not from us – US Embassy

The United States Embassy in Ghana has described as “false” a communiqué warning of the existence of two con men in some six African countries duping unsuspecting citizens in those countries under the guise of cryptocurrency investment. The communique’ purportedly authored by John P. Hooks, Head of the United States’ Cyber Crime Unit said: “I would like to inform the ...

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Cedi hits GH¢4.98 against US dollar among some major banks

The local currency is now two pesewas away from hitting the dreaded GH¢5 mark per a dollar. It closed Monday trading at around GH¢4.98 against the US dollar. This is basically the main quotes being put out by some of the major commercial banks in the currency business in the country. What is causing this? Lots of reasons have been put forward ...

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Ghana’s expansionary fiscal policy for 2019 will deliver faster growth

After a largely successful second year of implementing reforms to correct imbalances in the economy inherited in 2016, Ghana’s current administration aims to grow the economy faster in 2019. The government has projected gross domestic product to expand 7.6% (using rebased data) in 2019 from a revised projection of 5.6% in 2018, which we think is largely attainable because of ...

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Renowned tech blogger Quick Vue reviews the HUAWEI Y9

When it comes to getting great advice for the choice technology products, there are many sources of advice. However, it is important to get advice from trustworthy and experienced sources. Quick Vue is renowned for objective and reliable one. After unboxing and testing the features of the spanking new handset, Quick Vue is convinced this is the best value for ...

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GLICO Healthcare is Ghana Club 100 number one fastest growing company

Glico Healthcare has been adjudged the Number one Fastest Growing Company” at the 2017 Ghana Club 100 awards. The Group Head, Corporate Affairs & Marketing for GLICO, Nana Efua Rockson stated, “GLICO HEALTHCARE is committed and has been consistent in delivering unparalleled value to its clients.” She added “the GLICO Promise of ‘we cushion you for life’ is a promise ...

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Vodafone: Redefining what a company stands for

In August this year, the Vodafone Ghana Foundation made a bold statement. It had decided to implement a nationwide coding exercise to empower about 10,000 Ghanaian youth in the next five years with digital skills. Chief Executive Yolanda Cuba was emphatic during the launch of the project in Accra when she said the initiative will start a revolution across the ...

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Stanbic Bank, two companies pledge GHC2m to support KATH

Stanbic Bank has donated an amount of Fifty Ghana Cedis (GHC50,000) to support Komfo Anokye Teaching Hospital (KATH) to build needed facilities as the second largest health facility in the country after an appeal by KATH Chief Executive Officer (CEO), Dr. Ohenaba Owusu-Danso. “I also like to express our gratitude to the Managing Director of K. Badu Chemicals Limited for ...

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Parliament endorses GH¢73bn financial request from gov’t

Parliament on Thursday granted a request by the Government of Ghana to withdraw over GH¢73 billion from the Consolidated Fund and other government funds to finance development projects. This follows the House’s approval, after a marathon motion debate on the 2019 budget and financial policy statement of government presented to the House by Finance Minister Ken Ofori Atta two weeks ...

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Satellites warn African farmers of pest infestations

UK researchers have developed an early warning system to prevent the crops of African farmers from being devastated. The Pest Risk Information Service (Prise) combines temperature data and weather forecasts with computer models. It then sends farmers a mobile phone alert so that they can take precautions. It is hoped that the system will boost yields and increase farm incomes ...

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