BUSINESS

‘Flying whale’ enters service at long last

One of the aviation world’s most hotly anticipated planes, the Airbus Beluga XL, has entered full-time service, having made its first operational flight on January 9, 2020. At a time when jumbo passenger airliners such as the Airbus A380 and Boeing 747 are on their way out, the Beluga XL — the first of six — will be one of the biggest ...

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US and China sign deal to ease trade war

The US and China have signed an agreement aimed at easing a trade war that has rattled markets and weighed on the global economy. Speaking in Washington, US President Donald Trump said the pact would be “transformative” for the US economy. Chinese leaders called it a “win-win” deal that would help foster better relations between the two countries. China has pledged to ...

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Jospong Group urged to position itself strategically to lead industry -Rev. Adeyemi

Nigerian Inspirational Speaker and Preacher Rev. Dr. Sam Adeyemi has urged the Jospong Group of Companies, owners of waste management giants Zoomlion Ghana Limited to run with strategic human resource principles to be able them maintain a strategic team that will help it maintain a strategic position in order to keep the pace in their industry. He said strategic leaders ...

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Meet Nana Amo Kantinkrau, the African American wooing investors into Ghana

According to the Economist Magazine, the new scramble for Africa is now being led by a new generation of Africans determined to make a difference through technological innovations and the development of enterprise and markets. Many pan-Africanists believe development on the African continent can only be achieved by Africans in partnerships with countries and investors who also believe in this ...

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Asante Berko appointed TOR MD

Mr Asante K Berko, former Executive Director of Goldman Sachs International, in London, United Kingdom is the new Managing Director of the Tema Oil Refinery (TOR). Mr Berko takes over from Mr Isaac Osei who resigned effective from January 1, 2020, after steering the affairs of the Refinery for two and a half years. Sources at TOR confirmed his appointment ...

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GLOA and NLA Smoke Peace Pipe; Agrees to be Regulated by NLA under Act 844 and Section 2 (4) of Act 722

1. The National Lotto Act, 2006 (Act 722) was enacted for the National Lottery Authority (NLA) to operate and to regulate all Lottery in Ghana. Section 2(4) of Act 722 gives NLA the mandate to collaborate with other parties to operate Lotto or lottery in Ghana. 2. The Veterans Administration Ghana Act 2012 (Act 844) vests in the Veterans Administration, ...

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Jospong generates energy from faecal matter

The Jospong Group of Companies (JLC) owners of the Sewerage Systems Ghana Limited is generating about 500 kilowatts of power out of its liquid waste treatment plant in Accra. This was disclosed by the Executive Chairman of JGC, Dr. Joseph Siaw Agyepong at this year’s Jospong Leadership Conference at the Pentecost Convention Center at Gomoa-Fette in the Central Region. Sewerage ...

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How Finance Ministry ordered SEC to revoke licenses of Gold Coast Fund Management, others

MyNewsGh.com has intercepted a confidential document in which the Finance Minister Ken Ofori-Atta ordered for the revocation of the license of specific Fund Management Companies including Gold Coast. The May 2019 memo shows not only that the Finance Ministry was behind the closure of Gold Coast Fund Management but also that the revocation of the licenses was done with alleged ...

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Banking crisis: More prosecutions coming – Akufo-Addo

President Akufo-Addo has said several persons who are believed to be involved in the banking sector crisis that saddled the financial sector of the Ghanaian economy will be arraigned soon to answer for their misdealings. Addressing the 71st Annual New Year School and Conference themed “Attaining Ghana Beyond Aid: Prospects and Challenges” at the Great Hall, University of Ghana, President ...

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