BUSINESS

Ghana records 3.2m metric tonnes of imports from Africa

Imports from the Africa region to Ghana in 2016 amounted to 3.2 million metric tonnes. This represented an increase of 1.1 million metric tonnes or 57% increase over the 2015 figure. The Ghana Shippers Authority’s shipping quarter and outlook cites major items imported from the Africa regions as liquid bulk cargoes mainly crude oil, LPG and petroleum products. Liquid bulk ...

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UMB rolls out instant Visa cards

UMB, always at the forefront of enhancing customer experience, has launched instant visa cards to provide customers with UMB visa cards in a matter of minutes. Coming on the heels of an impressive financial performance in the 2016 financial year, the bank is clearly not resting on its laurels and is focused on creating value for its customers. UMB currently ...

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MoneyGram rewards loyal customers in Ghana@60 promotion

Global Money transfer service provider, MoneyGram, has rewarded four lucky winners in their ongoing Ghana@60 promotion tailored to reward loyal customers and new entrants, has been held recently in Accra. The winners included Love Oduro, the first and grand winner of a brand-new Suzuki Alto Saloon car with a one-year comprehensive insurance, with Monica Tamatey, Genevieve Laryea and Charlotte Opare ...

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Yaw Amoakohene Baafi appointed Dep CEO of NLA

Yaw Amoakohene Baafi, a social scientist and communications specialist has been appointed by President Nana Akufo-Addo as Deputy CEO of the National Lotteries Authority (NLA).​ Until November 2015, Mr Baafi was the Director, Co-founder and second majority shareholder of a financial service operator Prestige Capital Limited. Mr Baafi brings to the NLA a vast experience of large size institutions having ...

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Economists laud government’s ‘no Eurobond plan’ for 2017

Some economists have lauded the government’s commitment not to issue any Eurobond this year. They explain that the development should give room to deal with the country’s ballooning debts. The Vice President, Dr. Mahamudu Bawumia has refuted assertions that the recent non-deal road show embarked on by a team of government officials is likely to culminate in the issuing of ...

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Emirates wins ‘Best Airline Worldwide’ award

Emirates’ focus on meeting and exceeding customer expectations both in the air and on the ground were recognised yesterday with four accolades at the ‎Business Traveller Middle East 2017 Awards. At a ceremony attended by key travel industry executives, Emirates was crowned “Best Airline Worldwide”. It was also named “Airline with the Best First Class”, “Airline with the Best First ...

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Let’s be circumspect in discussing $2bn bond – FirstBanc MD

The Managing Director of FirstBanC Financial Services, Mr Amenyo Setordzie, has asked for circumspection on the discussion around the US$2.25 billion bond issued earlier this month. That, he said, was needed to ensure that public commentary on the 15 and 10-year bonds did not return to hurt the economy and the country’s reputation. While dismissing concerns that the coupon rate ...

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Vice President vows to make Ghana most business friendly in Africa

Vice President Dr. Mahamadu Bawumia says government is committed to instituting the necessary reforms and structures to make Ghana the most business-friendly in Africa. Ghana made some marginal progress in improving the environment for doing business, according to the latest World Bank Ease of Doing Business reports. The Rankings saw Ghana go up by three places to 108 out of ...

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