The board of Thai Airways International Pcl has appointed Air Chief Marshal Siwakiat Jayema as acting president from July 1 as the country's military rulers reshuffle and restructure the loss-making carrier hit by months of political unrest. Siwakiat, also a board member, replaced Chokchai Panyayong, who had resigned from the acting post while maintaining his job as senior executive vice president in charge of corporate strategy and sustainable development, the airline told the Stock Exchange
The revenue received from the export of minerals by the producing members of the Ghana Chamber of Mines declined to US$ 4.7billion in 2013 from US$ 5.4billion in 2012. This was due to the persistent drop in the price of gold and rising cost pressure on the mining companies. Notwithstanding the deterioration in the fundamentals of the gold market, the minerals sub-sector continued to underwrite economic progress in the country, the chamber said. This was contained in a detailed report published by
The Ghana Insurers Association has sworn-in newly-elected executives to run affairs of the association in Accra last week. The colourful ceremony attracted high profile personalities from every sector of the financial services sector, top ranking police officers, and five service officers. The executives sworn in were first Ivan AbubakarAvereyireh as the ninth President of the association. Avereyireh is the Managing Director of Ghana Life Insurance and holds BSc Administration (Marketing Option)
Holders of e-zwich card will find it a lot easier to use their biometric smart card, following the roll-out of a number of initiatives including Automated Teller Machines (ATM), hybrid Point of Sale (PoS) terminals and the offer of e-zwich services at every branch of a bank. The use of e-zwich cards is anticipated to go up significantly, as cocoa farmers will also be brought on board. Currently, the Student Loan Scheme disburses money onto the cards of beneficiaries while National Service allowances
Guinness Ghana Breweries Limited (GGBL), Ghana’s only Total Beverage Business and a Diageo business, has appointed Shaibu Haruna as Sales Director. Mr. Haruna joins GGBL from the MTN Group, where he led the delivery of successful distribution transformation programmes in Ghana and Uganda. He has over 16 years’ experience in sales and distribution spanning the brewing, automobile, financial services, and telecommunications industries. Peter Ndegwa, Managing Director of GGBL, said: “We are delighted
Billionaire Carlos Slim will buy out AT&T Inc. (T)’s stake in America Movil SAB for $5.57 billion, propping up his Latin American mobile-phone company’s stock price as his longtime partner from the U.S. exits the business. Slim’s holding company, Inmobiliaria Carso, told America Movil’s board it will acquire AT&T’s 8.3 percent stake, which includes 24 percent of the company’s voting shares, according to a filing yesterday. AT&T will receive $4.57 billion at the close of the
The tourism adventure does not end with travelling and sightseeing. What the tourist has to eat, too, can be yummy or ….yucky. To be jingoistic, I would like to say that every dish out of Ghana is oh sooo delicious. The problem is out there, where sometimes all sorts of accoutrements pass as food. But on your travels around the world could you stomach the following...? The travel experts offer this warning -- The World’s 10 Most Extreme Eats is not for the faint of heart, or those with weak stomachs.
The Armajaro – Ecom Agroindustrial Corporation Limited will inject US$26 million into the cocoa industry within the next three years. Teddy Esteve the CEO has hinted. The amount will seek to primarily provide sustainable livelihood to the farming communities particularly at the cocoa growing areas across the country. About 70% of the amount will be used to provide Village Resource Centres for rural schools, construct borehole water projects mostly at cocoa growing areas and provide training for
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