BUSINESS

The National Lottery Authority (NLA) says it will from today November 1,2020 begin to arrest unlicensed lotto operators in the country. It comes after the NLA completed the licensing regime for private operatrors for the year 2021/22. In a statement, the NLA said it “wishes to announce the completion of the licensing regime of all operators of private lotto (OPL) ...

Ghanaian entrepreneur Afadi Tetteh has joined calls by entrepreneurs in the country for government to create an enabling environment for small businesses to thrive. According to him, entrepreneurship does not require just money but emotional strength, mentorship, and education. Speaking on the Morning Starr with Francis Abban, the woodworker said “All we need is the enabling environments for our businesses ...

Second Deputy Governor of the Bank of Ghana (BoG), Mrs Elsie Addo Awadzi has said Ghana’s banking sector remains one of the most attractive on the continent for investors. She said the presence of pan-African banks like First Bank Nigeria and international banks here is testimony to that. She noted the sector sector is stable, profitable, and resilient, supported by ...

Vice President Dr Mahamudu Bawumia has launched the 2021 Ghana National Skills Competition and TVET Expo in Accra, organised by the Commission for Technical and Vocational Training (CTVET). Speaking at the launch on Wednesday, 27, October 2021, Dr Bawumia said the government of President Nana Addo Dankwa Akufo-Addo has remained committed to the promotion of technical and vocational training (TVET,) ...

The maiden edition of the Youth Economic Forum, will be held at the Kempinski Hotel in Accra on 19th October. The hybrid event will feature top notch panelists, made up of young Ghanaian innovators and entrepreneurs alongside decision makers, discussing pertinent issues on the economy, employment and entrepreneurship. The Forum was developed to enable young Ghanaians to connect and contribute ...

In its quest to strengthen its foothold in the country’s oil and gas industry, the Ghana National Petroleum Corporation (GNPC) has acquired commercial interests in the Jubilee and the TEN fields. The national oil company now has seven per cent commercial interest in both the Jubilee and the TEN fields, having taken over part of the interest of one of ...

Finance Minister Ken Ofori-Atta has inaugurated the newly-constituted board of the Minerals Income Investment Fund. He inaugurated the board in Accra on Tuesday October 12. With a three-year mandate, the reconstituted board has been charged to consolidate gains and also deliver solutions to Ghana’s infrastructural sector. “There is a gap of literally over two billion dollars that we must be ...

The National Petroleum Authority (NPA) has announced the removal of the Price Stabilisation and Recovery Levies on petrol, diesel and LPG for a period of two months. The NPA in a statement said President Akufo-Addo gave the approval for zero Price Stabilisation and Recovery Levies following the advice of the NPA to seek government’s intervention to mitigate the impact of ...

MTN Ghana Foundation has provided startups and seed monies to girls liberated from Trokosi shrines in parts of the Volta Region and given vocational skill training at Baptist Vocational Training Institute. In 1998, Ghana outlawed trokosi, an old age cultural practice where fetish priests take young virgin girls, in payment for services or in religious atonement for alleged misdeeds of ...

Former Member of Parliament for Ledzokuku, Dr Bernard Okoe-Boye has commended the Interim Management Committee for commissioning internal investigations in the operations of the refinery which uncovered the rot. He has asked the Police, The Economic and Organized Crime Office (EOCO) and the National Intelligence Bureau (NIB) to take up the matter and further investigate it. His comments come after ...