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Author Archives: Vivian Kai-Mensah

SupaBet customers threaten to lock all branches

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Scores of customers of betting company SupaBets have vowed to shut all branches of the company till monies owed them running into three hundred and fifty thousand Ghana cedis (350,000) are paid. “If they do not pay us we will lock the SupaBet at Lapaz and we will do same at circle and all the other branches”. One of the customers told ...

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Road show for energy bond starts tomorrow

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Government will tomorrow Thursday, October 19th, 2017 begin a road show for the energy sector bond, which will be used to clear the energy sector debt.. The show will commence in London on Thursday and there will be another in Accra on the 23rd of October, 2017. The 2.5 billion dollar bond which will be auctioned in tranches will start ...

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Business women gear up for maiden executive Women Network Conference

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Hundreds of women leaders, professionals and entrepreneurs have begun securing seats for the maiden Executive Women Network Annual Conference. The conference slated for October 20th, 2017 at the Movenpick Ambassador Hotel, Accra is under the theme: Rebranding Ghana to drive business growth – the perspective of women leaders. The theme is a call to action for leadership, across every facet ...

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Tigo’s Roshi Motman named CEO of merged Tigo & Airtel entity

CEO of Tigo , Roshi Motman.

MD of Tigo Roshi Motman has been named as the new CEO of merged telecommunication entities Airtel and Tigo. The announcement follows the resignation of the MD of Airtel Lucy Quist early this week. Citi Business News earlier reported that Madam Roshi Motman would be named as the MD of the new entity to be created following the merger of ...

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Access bank secures additional investment for its operations

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Access Bank Plc, the majority shareholder of Access Bank Ghana, which is ranked as one of the top 3 banks in Nigeria and amongst the top 20 banks in Africa by assets and capital, has announced its intention to inject additional capital into the Bank’s operations in Ghana before end of Q1 in 2018 after all regulatory requirements are fulfilled. ...

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Dannex CEO wins 40 under 40 award

MD of Dannex, Mr Yaw Opare-Asamoah

The Group CEO of Dannex, Ayrton and Starwin, Mr Yaw Opare-Asamoah has been honored with the 40 under 40 award in manufacturing. The award was bestowed on him over the weekend in Accra at the 40 under 40 Awards ceremony. The Forty under 40 Award is to identify, honour and celebrate a cross-section of Ghana’s most influential and accomplished young ...

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British banks to freeze accounts of illegal Ghanaians

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Ghanaians and other nationalities living in the UK illegally, will from January, 2018 see their bank accounts frozen following a new directive by the UK Government to weed out illegal immigrants. The move follows the UK Government’s decision to force banks and building societies to freeze the accounts of failed asylum seekers, foreign national offenders and visa over stayers. The measures are ...

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3.2 billion cedis accrued from energy sector levies

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Government accrued a little over 3.29 billion cedis in 2016 from energy sector levies, a report,  presented to Parliament by the Finance Minister Mr Ken Ofori Atta has revealed. The Annual report on the management of the energy sector levies and accounts for 2016, also revealed that  total amount of GH¢3,256.29 million was programmed to be collected as Energy Sector ...

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Ghana’s fish stock at risk – Research

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Ghana’s fish stock will continue to see a further decline in the coming months. The disturbing development was revealed by the University of Cape Coast’s Department of Fisheries and Aquatic Sciences, which says not much can be done to save the situation. According to the research conducted by the department, the decline is due to climate change. Climate change, which ...

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ITLOS case triggered high interest on Ghana’s Eurobonds

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Ghana would have had a much lower yield on its 2015 and 2016 Eurobonds, if its case with Ivory Coast over the maritime boundary was not in existence. This was revealed by a former Finance Minister Seth Terkper, who told host of Citi Breakfast Show Bernard Avle, that  the dispute between the two countries led to the high yields Ghana ...

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