Golf has seen tremendous growth in the country in recent times – and it can only get better. With several corporate institutions supporting many tournaments and golf academies being opened to teach the younger generation how to play the game ethically, the future can easily be said to be very bright. Last Saturday, the Asantehene,Otumfour Osei Tutu II, a huge golf enthusiast, teed off to open the 82nd Airtel Ghana Golf Open at the Royal Golf Club in Kumasi. Also teeing off to commemorate the prestigious
The Chereponi district in the Northern Region has organised a five-day community-based skills training programme for over 150 women to equip them with skills that will enable them to earn a living. The women were taken though shea butter production, soap production, batik tie and dye, dress-making as well as hairdressing. The programme, funded by the International Fund for Agriculture Development (IFAD) and the Government of Ghana, is an initiative of the Chereponi district assembly aimed at ensuring
Japan Motors has donated GHC3,000 in support of the Ebola Education Fund. Dalex Finance and leasing Company Limited (Dalex) in partnership with Business and Financial Times Limited (B&Ft) and supported by the United Nations Children and Education Fund (UNICEF), Ghana have initiated a fund to raise private sector money to fund a large scale effort to educate the population about Ebola. The setup of the fund was motivated by a shared concern that the potential effect of the Ebola Virus Disease
The world market price for the country’s highest foreign exchange earner, cocoa, has risen to a three-year high of £2,141 per tonne, a new Moody Investors Service report has revealed. The significant increase in the Liffe futures price of the commodity, according to the report issued this week, was triggered by concerns that the Ebola virus could spread to Ivory Coast or Ghana -- which together account for almost 60 percent of global cocoa production. The deadly Ebola disease is currently raging
Barclays Bank has launched a deposit mobilisation drive ‘Win Easy, Win Big’ promo to reward its customers as part of its ongoing Prosper pan-African campaign. The highlight of the campaign will see one of the bank’s customers take home the ultimate prize of GH¢100,000 in the grand draw. Speaking at the launch of the campaign, Mrs. Shola Safo-Duodu, Barclays Bank’s Head of Corporate Affairs, said customers are required to deposit at least GH¢300 into their accounts and top it up to GH¢1,000
The Social Security and National Insurance Trust (SSNIT) has noted that implementation of the new Pensions law, which has reduced the percentage of workers social security contribution to the SSNIT pension scheme, could stifle the scheme’s funds as payment of pension benefits exceeds contributions. SSNIT, which has acknowledged the relevance of the new pension law, said the plunge in percentage of contributions amidst a rise in number of contributors has come at a time that the payment of pension
The Managing Director of Agricultural Development Bank (ADB), Steven Kpordzih, has said the bank is adequately prepared to list on the Ghana Stock Exchange (GSE) through an Initial Public Offering (IPO) to raise additional capital. Cabinet earlier this year gave approval for ADB to list on the GSE to raise additional capital and as part of a restructuring programme for the Bank of Ghana (BOG) -- the industry regulator -- to exit as a player from an industry it regulates. The issuance of the IPO,
The General Manager of the Sea-Freight Pineapple Exporters of Ghana (SPEG), Stephen Mintah, has disclosed that lack of access to constant water supply and right fertiliser applications are limiting the capacity of farmers who are currently engaged in the otherwise lucrative venture. He told the B&FT in an interview that the aforementioned factors are blocking pineapple growers from exploiting the full potential of the sector as farmers are unable to get the correct sizes and yields to meet demands
Ideal Financial Holdings Limited, a private equity firm, has announced the acquisition of Ezi Savings and Loans Limited and has effectively changed its name to Firstrust Savings and Loans Limited. With the addition of Firstrust to the group, Ideal Financial Holdings Limited -- with interests in finance, mining, investment banking and insurance --has effectively positioned itself as a leading conglomerate in the financial services industry. Set to be officially out-doored on Tuesday 30th September
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