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Tag Archives: Business

Review, forecast of 2018 budget to be presented today

The 2018 budget presentation on Wednesday, November 15, 2017 will be a major test of the acclaimed prowess of government’s economic management team. The financial statement to be presented to Parliament by Finance Minister, Ken Ofori-Atta, would have to find a sound solution to the revenue shortfall problem, while at the …

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39 Danish investors to visit Ghana

Some thirty-nine leading businesses and investors are expected to join Her Majesty the Queen of Denmark as part of a two-day State visit to Ghana from November 23 to 24. The Danish business delegation are drawn from four key sectors including agriculture and food products, sustainability, the maritime sector, infrastructure …

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2018 budget will improve domestic revenue collection – Ofori-Atta

Finance Minister, Ken Ofori-Atta has stated that the 2018 budget which will be presented in parliament later this month will use innovative ways to improve domestic revenue collection for economic development. This follows calls from the Institute of Fiscal Studies, urging government to use the 2018 budget to improve tax …

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Kumasi Traditional Council, KMA relocate traders selling on pavements

The Kumasi Traditional Council has teamed up with the Kumasi Metropolitan Assembly to relocate traders occupying pavements and unauthorized places in Kumasi. The move follows an eviction notice served by the Ashanti Regional Coordinating Council calling for vacation of such places by today Monday November 62017. The arrangement also precedes …

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Cocoa prices not encouraging – Cocobod CEO

The Chief Executive of Ghana Cocoa Board says the international prices of cocoa is not motivating enough to encourage the youth to enter the sector. Joseph Boahen Aidoo said at the 2017 World Cocoa Foundation (WCF) Partnership Meeting on October 24 in Washington that low prices of cocoa on the international …

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MTN reintroduces ‘Cash Out’ feature to Mobile money users

Mobile telecom operator, MTN Ghana has announced the comeback of the ‘Cash Out’ feature which is to be launched on November 4, 2017. The feature enables mobile money customers to select ‘allow cash out’ before an agent can initiate a transaction. Speaking at the press briefing, Business Development Manager, MTN, …

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22 companies grab HR Focus Magazine awards

About 22 companies have received the prestigious 2017 HR Focus Magazine awards. The awards, according to the Chief Executive Officer (CEO), Dr Mrs. Ellen Hagan, are presented to industry players for their exceptional work in Human Resource over the past two years. The awards ceremony, which was held at the …

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Akufo-Addo stops construction of new fuel stations

The President, Nana Addo Dankwa Akufo-Addo has directed that construction of facilities intended for use as gas or petroleum retail stations must be stopped with immediate effect. He also instructed that high risk LPG stations should be closed down immediately, in accordance with relevant law “without regard to any political …

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We Are Going To Retrieve Masloc Loans – Madam Afua Akoto

The Deputy Chief Executive Officer CEO of Masloc, Madam Afua Akoto has stated that, the company are going to retrieve all loans defaulters by hook and crook. He said it is very unfortunate that the previous government was not able to retrieve the loans before leaving office, but they are …

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GCB sacks over 700 UT/Capital Banks staff

Over 700 former workers of the now defunct UT and Capital banks are set to lose their jobs as the takeover bank GCB has begun issuing out termination letters. The affected staff have already received letters asking them to proceed home. Starr News understands GCB is only retaining clerical and …

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