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Ghana-UK trade drops by 30% since 2012

The volume of trade between Ghana and the UK has dropped by more than 30 percent, according to newly appointed British High Commission to Ghana. Iain Walker disclosed that recent statistics made available to the commission show that bilateral trade between the two countries has been declining since 2012, culminating …

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Vodafone Ghana CEO Yolanda Cuba receives award

Vodafone Ghana CEO, Yolanda Zoleka Cuba, has been presented with an award, recognizing her among WomanRising’s 2016 Top 50 Corporate Women Leaders in Ghana. The ranking which featured 50 of Ghana’s leading corporate women leaders in both public and private sector was held in 2016 to recognize the contribution of …

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SEC to increase minimum capital requirement for capital market operators 

The minimum capital requirement for operators in Ghana’s capital market will soon be reviewed upward, director general of the Securities and Exchange Commission Rev. Daniel Ogbamey Tetteh has hinted. He, however, failed to mention the margin of increase but noted it will be “significant”. The Commission will soon notify market …

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GGBL impacts over 175,000 lives with LRM sourcing initiative

Guinness Ghana Breweries Limited (GGBL) has held a stakeholder’s workshop to showcase and assess the socio-economic impact of their Local Raw Material (LRM) sourcing initiative on the Ghanaian economy. The stakeholder workshop is held bi-annually to review the impact of the company’s LRM agenda on government and the communities in …

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Let’s build productive capacities for a strong economy – Bawumia

Vice president Dr. Mahamudu Bawumia has stated that government is focused on building the productive capacities of Ghanaians in order to build a robust economy. Dr. Bawumia observed that countries such as the United States of America, Canada, Singapore, South Korea and Mauritius among others have become models for developing …

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OmniBank CEO picks 40 Under 40 award

The Chief Executive Officer of OmniBank, Philip Oti Mensah, has won the 40 Under 40 Awards for the Banking and Finance Category. After beating off stiff competition from various financial leaders, Mensah won the award for the Banking and Finance Industry meant for executives of various financial industries under the …

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Sibton Switch appoints new CEO

The Board of Directors of IT Systems firm, Sibton Switch has announced the appointment of Mr. Peter Denzil Lawson as its new Chief Executive Officer (CEO) effective August 1, 2017. Mr. Lawson is expected to provide critical strategic and operational leadership and direction to guide the operations of the company …

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Airtel/Tigo merger good for industry efficiency – Ursula

The National Communications Authority’s (NCA) approval for the merger between Bharti Ghana Limited (Airtel) and Millicom Ghana Limited (Tigo) would ensure efficiency in the telecommunication industry, Communications Minister Ursula Owusu-Ekuful has said. A statement from the NCA on Monday October 2, 2017 stated that the merger will result in an …

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Banking sector to go under foreign care

The new minimum capital requirement announced by the Central Bank of Ghana (BoG) could lead to the demise of 10 local banks and put the sector in foreign hands, banking sector analysts have warned. The BoG recently announced an increase in the minimum capital requirement for banks from GH?120million to …

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