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1-10 results from 1000 for query «business»

September 17, 2018 2:50 PM Rename a house in Parliament after Bagbin- Some Western Chiefs

Following a request by some Constituency Executives of the opposition National Democratic Congress (NDC) for the Tema East Constituency to be renamed after Mr Alban Sumana Kingsford Bagbin, some traditional rulers are asking that that request be revised higher. They want a Committee block in Parliament House, rather than a Constituency, to be named after 192

July 25, 2018 4:41 PM Ghana’s Lower courts to be merged – Chief Justice

Justice Sophia Akuffo, the Chief Justice, on Tuesday stated that plans were underway to merge all lower courts in one big compound so that access to justice would be in a broader space and made easy. She said prototype drawings were being developed for the lower courts as expandable plans for them and this would also prevent people from travelling long distances 324 1

July 25, 2018 2:58 PM NBSSI calls for establishment of garment factory in Hohoe

The Hohoe Municipal office of the National Board for Small Scale Industries is calling for support towards the establishment of a factory to grow the garment industry in the area. Mrs Makafui Hodanu, Business Advisor with the Board, said land as well as some structures had been secured, and that with the provision of about 150 industrial sewing machines 208

May 4, 2018 1:07 PM ESLA pays GHc500m interest to investors

Managers of the ESLA bond, have paid an estimated 228 million cedis as first gross interest payments to investors who bought into the 7 year bond of the six billion cedis energy sector bond. The bond, which formed part of the first tranche of the issuance, attracted an interest rate of 19 percent. A statement from ESLA and copied to Citi Business News said, “Managers 896

March 29, 2018 2:02 PM Barclays Bank Ghana posts GH¢386m in profits in 2017

Barclays Bank Ghana is confident of sustaining its profits and contribution to the new ABSA brand from this year onwards. The Bank’s optimism is premised on its performance for last year (2017) where it recorded a profit after tax of 386.17 million cedis. The Finance Director at Barclays Bank Ghana, Antoinette Kwofie disclosed this plan when she engaged 393

March 26, 2018 11:46 AM Egypt elections: Favourite Sisi seeks high turnout in polls

Egyptians began voting on Monday in a presidential election set to deliver an easy win for incumbent Abdel Fattah al-Sisi, with turnout the main focus after all serious opposition withdrew complaining of repression. Polling stations will be open for three days and Sisi, a former military commander, has urged Egyptians to vote, hinting that he sees the election 43

March 25, 2018 2:10 PM Tim Cook calls for stronger privacy laws after Facebook scandal

Tim Cook looks at Facebook’s messy Cambridge Analytica affair as something of a wake-up call. The Apple CEO has largely kept quiet on privacy issues since Facebook’s troubles sprung up last week. That’s when we learned that the political consulting firm Cambridge Analytica quietly, deceptively gathered data belonging to more than 50 million Facebook 53

March 23, 2018 5:35 AM CAL Bank records GH¢145m profit in 2017

CAL bank has posted a profit after tax of 145.2 million cedis for 2017. This is a significant improvement over the previous year’s figure of 7.2 million cedis. Despite this, the bank still acknowledges the impact of the legacy debts in the energy sector on its loan books. In the first of Citi Business News’ series of report on the performances of the listed 40

March 21, 2018 4:32 PM Ghana-Namibia Friendship Association salutes Namibia on its 28th Independence Day

The Ghana-Namibia Friendship Association (GNFA) has described as inspiring the strides made by Namibia as the country marks its 28th independence day today. Namibia which gained self-rule from South Africa in 1990 remains one of Africa’s youngest nations, yet is counted among the most promising. In a statement to commemorate the independence anniversary 40

March 21, 2018 1:50 PM Probe into UT, Capital Banks’ collapse not yet complete – Elsie Awadzie

The second deputy of Bank of Ghana, Elsie Awadzie has stated that the Bank of Ghana (BoG) is yet to complete investigations to ascertain whether the activities of the top officials of UT Bank and Capital Bank led to the collapse of the two financial institutions. According to her, once the takeover of the two banks was confirmed, the BoG immediately 36