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The Ghana Export-Import Bank has denied paying any ambassador or influencer GHS2 million to promote products made in Ghana. The clarification comes after the Public Accounts Committee (PAC) of Parliament flagged the alleged payment of GHS2 million to Ghanaian artiste, Shatta Wale by Ghana’s Exim Bank. In a statement, the bank clarified that …
Read More »Coca-Cola Bottling Company-Ghana to lay off workers as COVID-19 hits hard
A number of employees of the Coca-Cola Bottling Company of Ghana Limited will soon be discharged of their duties. This was announced in a statement signed by the Business Unit Managing Director WAC of the Company, Felix Gomis. According to the statement, this declaration of redundancy has come about due …
Read More »Court dismisses MTN’s suit against NCA on market share regulation
The Commercial Division of the High Court in Accra on Tuesday, September 1, 2020, dismissed a suit filed by Mobile Telecommunication giant, MTN, against the National Communication Authority over its intent to regulate the telcos space to ensure fair competition. MTN filed the suit after it was declared as a …
Read More »ADONKO MOVES TO THE “NEXT LEVEL”
ADONKO MOVES TO THE NEXT LEVEL Adonko company limited, a subsidiary of the Angel Group Of Companies has launched its first non-alcoholic drink known as Adonko Next level. Next Level is a premium energy drink filled with vitamins B6 and B12 and other important nutrients. In an interview with KD …
Read More »Unveilling locally-made VW vehicles signifies a buoyant economy
On Monday, President Nana Akufo-Addo unveiled the first locally-made Volkswagen (VW) vehicle – which marks the first phase the company’s operations in the country and will see the German carmaker produce three cars daily, with plans to increase production capacity in the second phase. The president noted that the production …
Read More »KASOA, A MAJOR TRADING CENTER NEEDS NATIONAL ATTENTION NOT CHAOS!
KASOA, A MAJOR TRADING CENTER NEEDS NATIONAL ATTENTION NOT CHAOS! Says Dr. Kwame Afaglo, an Economist. Kasoa as a major trading center needs maximum National attention and not chaos says Dr. Kwame Afaglo to Pink Fm’s Kusi Damoah, the host of Omanbapa kasa in an interview. Dr. Kwame Afaglo …
Read More »Customers of DKM Writes a Letter to President Akufo Addo
AN OPEN LETER TO THE PRESIDENT OF THE REPUBLIC OF GHANA- IN MATTERS OF DKM PAYMENT Your Excellency- President of this great republic, we refuse to be calmed even though we wish to be welcomed into your home this morning once again. We are a coalition of affected DKM customers …
Read More »“WHY CAN’T WE SELL ON SUNDAYS”? SAY’S TRADERS AT GOMOA BUDUBURAM
The Gomoa Buduburam is a town located in the Gomoa East district in the central region. It is located 44 kilometers west of Accra, Ghana. The Gomoa Buduburam is a refugee camp open by the United Nations High Commissioner(UNCHR) for Liberian refugees in the year 1990. The Goma Buduburam …
Read More »SHOULD MOBILE MONEY BE ABOLISHED?
Mobile money is a technology that allows people to receive, save, redraw or send money across using a mobile phone. Mobile money is a known option because its easy to use; that is it can be done everywhere. It was introduced in Ghana in the year 2009 by a …
Read More »Cedi performance in first half of 2020 best since 2014 – Economist
Economist and Business Consultant, Dr. Ebenezer Ashley has indicated that the Ghana cedi has recorded its all-time best performance for the first half of 2020 than the first six months of any year since 2012 against the U.S dollar. Dr. Ashley made these observations in an interview with our reporter …
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