BUSINESS

Bawumia buys waakye with QR Code

Ghana has become the first country in Africa and third in the world to roll out a national Quick Response (QR) Code payment system, following the formal outdooring of Ghana’s Universal QR Code on Thursday, November 19, 2020. Ghana’s Universal QR Code, unique in its ability to meet the needs of both banked and unbanked customers, is the first of ...

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You don’t need money to make money – Dr Kofi Amoah

Chief Executive of Progeny Ventures International, Dr. Kofi Amoah has revealed how you can take advantage of opportunities to make money. Talking about his life experiences in the United States, he stated, “there are a lot of opportunities in Ghana. I like to create things out of nothing”. In an interview with Rev Erskine on the Y Leaderboard Series on ...

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TECNO Mobile Wins Best “Phone Brand of The Decade”

TECNO Mobile, one of the leading mobile phone brands proved its dominance in the technology space by winning the best “Phone Brand of the decade” at the 10th edition of the just ended Ghana Information Technology & Telecom (GITTA) 2020 Awards. Over the years, TECNO has been at the forefront of exemplifying its focus on product quality and driving major innovations. ...

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Gov’t orders ‘partial’ payment of Gold Coast customers

The Securities and Exchange Commission (SEC) says government has authorized a partial bailout for customers of Blackshield, formerly Gold Coast, and other fund management companies who are yet to be paid following the collapse of the firms. Government had excluded customers of Blackshield from payments to affected customers over claims owners of the firm are challenging the revocation of their ...

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Women in agric urged to study evolving needs of consumers

Women engaged in various agri-businesses in Africa have been urged to research the needs of consumers in order to identify and meet their evolving demands. This, according to the Director of Women in Agriculture Development at the Ministry of Food and Agriculture, Paulina Addy, would help them drive up sales and become resilient in the sector. Building sustainable agri-businesses, she ...

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Ghana secures $3 million to boost digital skills

Ghana has secured a $3million facility from the International Telecommunication Union (ITU) to boost digital skills across the country. Communications Minister, Ursula Owusu-Ekuful made the announcement on Thursday, November 11, 2020, during the signing of an agreement between ITU, the Norwegian Government, and the Government of Ghana to support the Digital Transformation Centres (DTC) Initiative in the country. The new partnership is ...

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CPP demands review of Electrochem Ada Songor salt deal

The Convention People’s Party (CPP) has raised red flags over the recently approved lease agreement for salt mining in the Ada Songor lagoon. Over 150 square miles of the concession have been given to Electrochem Ghana Limited to dig, mine and produce salt for the next fifteen years. The area is currently producing only 330,000 metric tonnes of salt out ...

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Ghana’s economic situation self-inflicted – Economist

Economist Dr Jerry Monfant has blamed government’s handling of the banking sector for the country’s current economic challenges. Government has attributed the economic challenges including dwindling revenue, increase in spending, and a high debt to GDP ratio to the Covid-19 pandemic. But Dr Monfant said the claim is questionable. Speaking on the Morning Starr he said “we tend to believe ...

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We’ve managed petroleum better than NDC – Tampuli

The chief Executive officer of National Petroleum Authority and NPP parliamentary candidate for Gusheigu, Hassan Tampuli has stated that the petroleum industry has been managed better under his leadership as compared to the previous leadership under the NDC administration. According to him, unlike the NDC regime where there were fuel shortages in the country, there has never been such situation ...

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