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Business

MainOne, encourages enterprises to outsource IT Services for efficiency

MainOne, Ghana’s leading communications solutions provider, has reiterated its commitment to assisting enterprises improve efficiency and productivity with premium connectivity, data center and value added services solutions. This position was emphasized at the recent eCommerce eXpo, held at the Golden Tulip Hotel, Accra, where MainOne hosted a Master Class themed, “Future Proofing your Business with outsourced IT Services”. At the ...

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UPSA Alumni honours CEO of Galaxy Capital

Mr. Samuel Bright-Kaitoo, the Chief Executive Officer of Galaxy Capital Limited, the investment banking subsidiary of the Galaxy Group, has been honoured at this year’s UPSA Alumni Association Dinner and Awards for his benevolence support to the association. The association conferred on Mr. Bright-Kaitoo the Best 2017 Benevolence Award for his outstanding and selfless contribution towards the activities of the ...

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Integrated Aluminium, Bauxite Authority bills being drafted – Bawumia

Bawumia delivering a lecture

Government is in the process of drafting a bill to be presented to Parliament for the establishment of the Ghana Integrated Aluminium and Bauxite Development Authority, to properly govern the aluminium and bauxite industry to serve Ghana and Africa. The Authority will play the important role of promoting responsible mining, and regulating the development of the industry. It will be ...

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Publish weekly audit report – Premix distributors to NPA

The Oil Marketing Companies involved in distributing premix fuel across the country, are calling for the publication of weekly audits of the product. According to them, the move will curb the diversion of the product in the country and ensure transparency in the sector. Speaking on the Citi Breakfast Show on Monday, Coordinator of the Premix OMCs, Kwaku Agyeman Duah, ...

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Starbow sacks workers

Local airline, Starbow, has sacked scores of its workers. It is unclear how many workers have been dismissed, but Citi Business News has gathered that the dismissal affected top management, flight and grounds staff. A letter sighted by Citi Business News signed by the CEO of the company, James Eric Antwi, stated that contracts of workers have been terminated effective November 30, ...

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Fuel prices: Jinapor warns gov’t over price Stabilization levy reduction

A former Deputy Power Minister, John Jinapor, has cautioned government against the implementation of the planned reduction in the price stabilization and recovery levy on some petroleum products without parliamentary approval. According to him, failure to do so will amount to a breach of the constitution. The NPA over the weekend announced that it has reduced the levy from 10 ...

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Guinness Ghana launches ‘Ɔdehye’ beer

Guinness Ghana Breweries Limited (GGBL), Ghana’s only Total Beverage Business in line with its commitment to delight consumers with fantastic new drinks rooted in identified consumer insight, has launched Ɔdehyeɛ Beer; A beer celebrating Ashanti heritage, progress & future on farmers Day. A testament to our pioneering work in local raw materials usage and support for our local farmers. Ɔdehyeɛ ...

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Industry intensifies pressure to get 15% petroleum tax scrapped

Analysts have intensified appeals for government to scrap the Special Petroleum Tax on petroleum products. They argue this will give more meaning to attempts to reduce the plight of consumers following rising global oil prices. The comments follow a recent NPA announcement of a seventy percent reduction in the price recovery and stabilization levy calculated on petroleum prices. The price ...

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IMF approves Ghana’s Public Sector Reforms

The International Monetary Fund (IMF) has approved the Public Sector Reforms for Ghana to be implemented in 2018. The reforms are part of efforts to reduce the bureaucracies in Ghana’s public sector and improve efficiency. The Fund has been critical of Ghana’s rising public expenditure which it contends has partly contributed to some economic challenges in terms of rising public ...

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MTN is 2nd best company in Ghana Club 100

MTN has been named as the second best company in Ghana for this year’s Ghana Club 100. The telecom company assumed the position after a vigorous exercise which ranked the various organizations that entered the competition based on some selected criteria. In addition to being adjudged the second best company for this year, MTN also picked the best company in ...

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