Another Ghanaian appointed MD of Airtel Ghana

Lucy Quist, new MD Airtel  Ghana

Airtel has appointed Lucy Quist as its new Managing Director. Her appointment takes effect from the end of next month. Lucy Quist becomes the first Ghanaian woman and the second woman in the history of the country to be appointed to head a telecommunications company. The first woman to be appointed was Roshi Motman a Swedish and MD for Tigo Ghana. ...

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Tigo makes major comeback in data subscription


Telecommunications provider, Tigo in the month of February made a major comeback in its data subscriber base. After losing about 80,000 subscribers in the month of January, it regained about 179,000 data subscribers in February. This was reported in the monthly telecommunications market share report issued by the National Communications Authority (NCA) for the month of February. Data subscription in ...

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Carmen Bruce-Annan leaves Vodafone

Carmen Bruce-Annan

After three triumphant years Carmen Bruce-Annan, Head of Brand and Corporate Communication at Vodafone Ghana, has left the business to pursue other interests, believed to be in corporate communication consultancy. She was poached from Zain Ghana (now Airtel) in 2010 and during her tenure, Carmen is credited with pioneeringand transformational efforts that propelled Vodafone to become one of the most ...

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Euro hits 4 cedis


Despite moves by the Bank of Ghana to save the cedi from further fall, it appears the local currency is still struggling to keep its head above the water. The Euro this morning hit four cedis at the local forex bureaus after rallying between 3 cedis 80 and 3 cedi 90 peswes for some weeks now. Last week it started ...

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Tetteh Quarshie – Madina highway to be completed in 3 months

Shahar Saspota, Managing Director of SONITRA (with microphone) briefing President John Mahama on the progress of work on the Tetteh Quarshie- Madina road

The 4.6-kilometre Tetteh-Quarshie – Atomic Junction highway in Accra is scheduled to be completed in the next three months. The highway which was supposed to have been completed a couple of years ago, had to be delayed for several months due to inadequate funding among other major factors. It is, however, reassuring to hear that the project would be completed ...

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Energy minister sets up committee to investigate BOST – TSL deal

Emmanuel Armah Kofi Buah, Energy Minister

The minister of Energy and Petroleum Emmanuel Armah Kofi Buah has directed that a committee be set up to look into the TSL – BOST deal. The committee will comprise all parties involved in the matter. The committee is expected to come up with its findings within a week This was arrived at after the minister, his deputy and officials ...

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IMF Bailout will not hurt Ghana – Christine Lagarde

Christine Lagarde Managing Director of the International Monetary Fund

Managing Director of the International Monetary Fund (IMF) Christine Lagarde has downplayed assertions that a bailout programme from them could see Ghana go through another phase of hardship while the country tries to meet its strict conditionality in order to restore fiscal discipline and macroeconomic stability. ‘Structural adjustments? That was before my time. I have no idea what it is. ...

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Obuasi mine to shut down


AngloGold Ashanti’s Obuasi Mine is to be shut down for between 18 and 24 months for upgrading as a result of a number of operational challenges that have bedevilled the mine in recent times. “The gold mine is currently operating behind development. This means there are no new stopes (new areas) to mine when workers go underground. “This is as ...

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Minimum wage negotiations in limbo

A woman holds 03 July 2007 in Accra a wa

Negotiations on the national daily minimum wage have ended abruptly without any concrete decision as labour rejected employers’ offer of 2.5 per cent. The committee comprising government, organised labour and employers met on February 21, 2014 following workers agitations for improved service conditions. At that meeting, labour made a strong case for the daily minimum wage to be increased by ...

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World must end ‘dirty’ fuel use – UN

Scientists believe there needs to be a step change in the energy sector

A long-awaited UN report on how to curb climate change says the world must rapidly move away from carbon-intensive fuels. There must be a “massive shift” to renewable energy, says the 33-page study released in Berlin. It has been finalised after a week of negotiations between scientists and government officials. Natural gas is seen as a key bridge to move ...

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