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Ghana marks World Telecommunications Day
Ghana has joined the rest of the world today in observing the 2019 World Telecommunications and Information Society Day (WTISD) under the theme: “Bridging the standardisation gap”. This year marks the 50th anniversary of the celebration since its inception in 1969. The day was observed to raise awareness of the importance of the theme as…
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SSNIT receives GH¢ 9.9 million as dividend from MTN Ghana
MTN Ghana, a day after its maiden Annual General Meeting, has paid out a total dividend of over GH¢9.9 million to its third largest shareholder the Social Security and National Insurance Trust (SSNIT). This follows approval of a final dividend of 3 pesewas per share by shareholders of MTN at the AGM yesterday (May 14,…
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BoG’s new regulations will help grow local banks—CAL Bank
The Executive Director of CAL Bank, Philip Owiredu has stated that the implementation of new rules by the Bank of Ghana(BoG) will help banks, especially local banks to grow. He maintained that the implementation of the Basel II and III regulations are a step in the right direction that will enhance corporate governance as well…
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Digitization of state agencies improving revenue collection—Dr. Bawumia
The Vice President Dr. Mahamudu Bawumia has announced that the digital initiatives undertaken by the government is beginning to yield results. Dr. Bawumia disclosed that some state institutions that were migrated to digital platforms are recording improvements in revenue collection. The Ports, Lands Commission, Ministry of Tourism and the Passport Office are a few state…
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Banks’ paid-up capital shows 74.8% increase after BoG reforms
Data from the Bank of Ghana has shown strong growth in bank’s total paid-up capital — rising to GHS9 billion as at end of February 2019. The March 2019 Banking Sector Report revealed that last year’s increase in minimum capital requirement saw an increase in banks’ paid-up capital from GHS5.05 billion as at February 2018…
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Gov’t shifts 10 percent renewable energy target to 2030
In 2011, Ghana passed the renewable energy act to anchor other policy positions of the country on renewable energy. Key amongst them was a target of 10 percent renewable energy in the electricity generation mix of the country by 2020. However, this target period has been reviewed and extended to 2030. Currently, the country depends…
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‘Million Dollar Listing’ Real Estate Expert Ryan Serhant on How Small Businesses Can Make a Big Impact
Recently I had the opportunity to speak with real estate and small business expert Ryan Serhant. Below is a transcript of our conversation. Learn what drives his desire to do great things, and the key ingredients he believes all small businesses need to achieve success. David Meltzer: I have Ryan Serhant here, best-selling author and real estate…
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5 Business Insights for 2019
Technology is shaping the future of businesses more rapidly than ever. Digital transformation is changing the way organizations conduct business. Therefore, companies have to be mindful of the latest technology trends, and their impact on business to understand and adapt to changing circumstances. Based on the latest technology trends, here are some crucial insights for…
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Apple is valued at $1 trillion once more
Apple has won back its hard-fought $1 trillion market cap, after share prices rose following yesterday’s earnings triumph. AAPL is currently trading at $213.20, giving it a market cap of just over $1 trillion. Shares rose 6% in early morning trading. This is a particularly triumphant moment for Apple after its stock price temporarily tanked…
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5 key things to expect at the 2019 African Business Summit in London
According to the organisers, this year’s Summit focuses on “Winning on the Growth Continent”, and will draw on the experience of business leaders like Acha Leke, Chairman of McKinsey & Co. Africa and Peter Moyo, CEO of Old Mutual, as well as public leaders like Soraya Hakuziyaremye, Rwanda’s Minister for Trade & Investment. Here are…