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Author Archives: Lawrence Segbefia

Ghana-based Skincare Brand ‘Nokware’ wins Harvard Business School Africa Business Conference Competition

Nokware, a beauty and skincare company based in Ghana, has been awarded the Sundial Brands Prize for the New Venture Competition held as part of Harvard Business School’s Africa Business Conference in Boston, MA, United States. The 2018 New Venture Competition, held in March, and partly sponsored by SheaMoisture, a subsidiary of Sundial Brands, aims at helping young, inventive and ...

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GSE lifts suspension on adb

The Ghana Stock Exchange (GSE), has lifted a suspension it placed on the trading of shares of the Agriculture Development Bank (adb). A press statement issued by the GSE today [ Thursday] March 8, 2018, and copied to Citi Business News, advised the investing public to go ahead and work with the bank. “With reference to Press Releases numbered 068/2018 and ...

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afb launches $10m loan for schools

As part of efforts to help players in the educational sector access funding to undertake developments in their schools, afb Ghana has set aside an amount of ten million dollars to support the sector. According to afb Ghana, the schools will be able to acquire the money through a loan. The loans are aimed at addressing asset financing, project financing ...

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Invest in pension scheme to retire right-NBC Ghana CEO

The Chief Executive Officer of NBC Ghana Trust, Mr. William Asiedu Yeboah, has urged workers, especially those in the informal sector to retire right by investing in pension schemes to enable them enjoy their retirement life. Speaking on a wide array of issues about pensions and retirement, Mr. Yeboah said “our traditional norms such as funerals, engagements, and outdooring, among ...

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We’ve not taken over adb – uniBank  

uniBank, after suggesting that it has taken over majority interest in adb, has clarified that it has not taken over the agric bank. Earlier reports stated that uniBank had taken over adb after four shareholders of the bank comprising Belstar Capital, Starmount Development company, EDC, as well as SIC Financial Services Limited, pledged their shares, proceeds, entitlement and voting rights ...

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adb denies uniBank takeover reports

adb has denied media reports that uniBank has taken over its operations. Media reports on Wednesday stated that four shareholders of adb, comprising Belstar Capital, Starmount Development company, EDC as well as SIC Financial Services Limited, have pledged their shares, proceeds, entitlement and voting rights to uniBank, giving it the power to take over the bank. But in a press ...

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Taxify celebrates Ghana’s Independence with 61 Free rides for 6 winners

It’s our 61st Independence Day and we at Taxify want to celebrate by giving you the freedom to move. We will be giving out free ride codes worth 61 GHC to celebrate Ghana’s Independence and help make Independence day even more special. Codes would be available all through the week. What’s more is because at Taxify, we believe how you ...

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Court dismisses injunction case against layoffs at Goldfields

An Accra High Court has dismissed an injunction application by some workers of Goldfields Company Limited over the dismissal of some 1,500 workers of the company. According to the court presided over by Justice Laurenda Owusu, the mining company risks losing more if the court halts the ongoing layoffs before a determination of the substantive matter on whether they acted ...

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HMD Global Awards winner of Nokia smartphone Kwese TV EPL competition

HMD Global, the home of Nokia phones, has presented Michael Ankonu, a loyal viewer of Kwese TV’s English Premier League show with a Nokia 5 smartphone running on Android OS. The presentation held in Accra was in the presence of officials from HMD Global, led by the General Manager West, East and Central Africa, Mr. Joseph Umunakwe, as well as ...

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We must implement ECOWAS single currency by 2020–Nana Addo

President Akufo-Addo has reaffirmed that the implementation of common currency for ECOWAS member states cannot be rescheduled beyond the 2020 deadline date. According to him, it is imperative for countries in the West African Sub-region to work at achieving the convergence criteria required for the implementation of the ECO single currency in two years. Speaking at the Fifth Meeting of ...

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