Tag Archives: Ghana Business News

Black Friday discount deals hit 90% (Audio)

Majority of shoppers will experience some level of reduction in the prices of products they purchase from today [November 24, 2017] and into the weekend. It follows the roll out of the Black Friday by majority of retail giants as well e-commerce portals in the country. The move is expected to lead to discount deals of between 10 and 90 ...

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Ghana drops to 120th position in ease of doing business

Ghana has dropped twelve points in the World Bank’s latest ease of doing business rankings. According to the latest report, Ghana ranked 120th, down from the 108th position last year. Accordingly, the country placed 12th in sub Saharan Africa. The ease of doing business report surveyed 190 economies across the globe. The countries were ranked based on their strengths under ten categories. ...

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Ghana meets IMF to finalize exit

Government is set to meet the board of the International Monetary Fund (IMF) tomorrow to present its decision not to extend the programme. Finance Minister Ken Ofori-Atta in his mid-year budget review indicated that government’s economic team will meet the board in August. Already, President Akufo-Addo has stated that government will not extend the programme when it ends in December ...

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Fidelity Bank holds first draw of 10x Richer promo

Fidelity Bank has rewarded the first batch of winners in the Fidelity 10x Richer Promo. The winners of the first draw are Pius Adom of Stadium Post Branch, Adam Osman Adom of Suame Branch and Anastasia Larsen of Adentan Branch. The rest are Nii Dalai Quist of Ridge Towers Branch and Patience Amonimaah of Tesano Branch. All these 5 winners ...

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10 things to know about Exim bank CEO Lawrence Agyinsam

President Nana Akufo-Addo appointed Lawrence Agyinsam as the Chief Executive Officer of Ghana’s Exim bank in March 2017. A nine member governing board chaired by astute businessman and entrepreneur, Kwadwo Boateng Genfi was also inaugurated last Tuesday in Accra to help streamline the direction of the bank. The Ghana Exim bank is expected to improve the country’s export competitiveness, to ...

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#CitiBizFestival: Real Estate/Housing Forum in pictures

The final outdoor event of the Citi Business Festival, which is the Real Estate/Housing  Forum, has been held at the Alisa Hotel in Accra. The forum is a thought leadership platform created to discuss key issues within the real estate and housing sector in Ghana. The forum is looking at pertinent issues in the sector such as the future of ...

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Employers’ Association proposes extension of maternity leave by 2 weeks

The Ghana Employers’ Association has proposed an extension of the country’s maternity leave from the current 12 weeks to 14 weeks. The call follows moves from various stake holders to have the leave period extended to enable women undertake exclusive breastfeeding as well as recover before resuming work. Speaking to Citi Business News on the matter, the CEO of the ...

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BoG justifies printing of new GHc 5 bank note

The Bank of Ghana (BOG) is on a nationwide outreach program to educate Ghanaians about the security features on the new commemorative GHc 5 bank note in circulation. The program, dubbed, “Information Security Awareness Program” is spearheaded by the Head of Currency Management Department, Edward Musey. Edward Musey at a media encounter in Tamale, said there was no extra cost ...

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HFC bank wins Most Successful Change Management award

HFC Bank Ghana, a subsidiary of Republic Financial Holdings Limited, was awarded the Most Successful Change Management Program at the HR Star Awards held at the La Palm Royal Beach Hotel on March 25, 2017. The event was organized by the Institute of Human Resource Management Practitioners (IHRMP). The award is in recognition of the successful acquisition of HFC Bank ...

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Alan Kyerematen, Spio-Garbrah to speak at ABCDE forum

For the first time in Ghana there would be a collaboration between government, industry key players, and members of the academia. This is an initiative of the African Business Centre for Developing Education (ABCDE) and is aimed at those in secondary and tertiary institutions. Speaking at this event would be Trade Minister Alan Kyerematen, VC Obiri Danso, former Minister Ekwow ...

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