According to Wikipedia, “Partnership is an arrangement whereby parties, known as business partners, agree to cooperate to advance their mutual interests. The partners in a partnership may be individuals, businesses, interest-based organidations, schools, governments or combinations. Organisations may partner to increase the likelihood of each achieving their mission and to amplify their reach. A partnership […] The post Tips
Prices of most of the staple food commodities in the country are expected to drop in August due to the bumper harvest expected to be recorded this year, despite the outbreak of COVID-19. Data from Esoko’s market survey point to significant price reductions in some commodities at the close of July. The price of cassava […] The post Prices of staple food commodities
The proposed establishment of the Development Bank Ghana is a good move to help infrastructure development; but government, on the other hand, could have repositioned a bank like the National Investment Bank (NIB) to serve the same purpose, Banking Consultant, Nana Otuo Acheampong has argued. He said: “I support the idea of having a development […] The post “Equip
A near-10% drop in the value of the US dollar since its March high has given rise to two distinct narratives. The first takes a short-term perspective, focusing on how a depreciation could benefit the US economy and markets; the second takes the long view, fretting over the dollar’s fragile status as the world’s reserve […] The post Reading the dollar doldrums appeared first on
Some players in the insurance sector are making calls for the regulator, National Insurance Commission (NIC), to put together a claims payment database to boost confidence in the industry, educate the public on the huge sums that are paid as claims annually, and also check fraudulent claims payment. To them the database can be categorised, […] The post Claims payment database
Executive Chairman of the Angel Group of Companies, Dr. Kwaku Oteng, is the recipient of the coveted ‘fatum mutante honors’ – destiny changer honors – for his humanitarian efforts in the fight against COVID-19 in Ghana at the World Diplomatic COVID-19 Eminence honours in Accra recently. Under the auspices of the Ministry of Health and […] The post Dr.
Management of the Ghana Airport Company Limited (GACL) has refuted claims by former President John Dramani Mahama that there are plans to cede a huge part of the airport to a Turkish company, TAV-Summa Consortium, under the guise of a management partnership agreement. “Claims by Mr. Mahama that an investment of US$600million was made at […] The post Airport sale claims false – GACL
The Ghana Association of Bankers (GAB) has estimated that about GH¢102million has been forfeited by commercial banks in the country through various measures they have introduced to give some relief for customers due to impact of Coronavirus pandemic on the country. According to the association, all 23 universal banks in the country in one way […] The post Banks forfeit GH¢102m 2020
…but says special funding mechanism required While electricity tariffs from conventional generation sources will continue to rise, the cost of renewable energy, particularly solar, is declining and becoming an increasingly competitive alternative for businesses, an expert has observed. According Kwabena Otu-Danquah, Technical Expert at GFA Consulting Group, tariffs from conventional sources of power like hydro […] The post Renewable
Bank customers have started running to foreign currency deposits as a safe haven after the cedi consistently lost value against its major trading currencies, especially the US dollar in the second quarter of 2020, the Statistical Bulletin report has shown. From the May-2020 Statistical Bulletin, the data show that in April and May foreign currency […] The post Depositors
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS