Daily Archives: July 11, 2012

Parliament Urged To Seek Assistance

Parliament has been urged to seek the assistance of experts in analyzing oil and gas contracts to enhance and improve the process of contract approval. This recommendation was made at a Capacity Building Workshop organized by the Institute of Economic … Continue reading

Posted in Local News | 1 Comment

Ghana Islamic Microfinance

The Ghana Islamic Microfinance (GIMF) is a project of EPF, a company limited by Guarantee with registration number G4, 964. It was initiated out of concerns of the unprecedented growth in micro-finance outfits in the country, most of which have … Continue reading

Posted in Banking & Finance | Leave a comment

HFC Bank Acquires High-tech Software To Enhance Operations

HFC bank has acquired state-of-the-art software, Custody 2000 (C2K) to facilitate its operations. The software, which has been tried and tested in other parts of Africa, is a comprehensive software with the ability for settlements processing, corporate actions processing, reporting, … Continue reading

Posted in Industry & Manufacturing | Leave a comment

Glo Overtakes Expresso in Mobile Subscribers

Recently launched Glo Mobile has become Ghana’s 5th largest telecoms company in terms of subscriber base after latest National Communication Authority (NCA) statistics showed that the company overtook Expresso, Ghana’s struggling CDMA network operator. The latest mobile subscriber base statistics … Continue reading

Posted in Industry & Manufacturing | Leave a comment

Mobile Users Hit 22.5 million People

In Ghana, total mobile network subscriber base as at May, 2012 hit 22,453,907 from 21.8 million in April 2012, according to statistics from telecom regulator, the National Communications Authority (NCA) In the recently released data, biggest operator, MTN had a … Continue reading

Posted in Industry & Manufacturing | 1 Comment

How Businesses Are Swerving Taxes

“Madam Speaker, it is estimated that developing countries lose about US$160 Billion through transfer pricing fraud. Recent studies in the mining sector show that Ghana loses about US$36 Million through transfer pricing,” theses were the words of Dr. Kwabena Duffuor, … Continue reading

Posted in Entrepreneurial Tips | Leave a comment

Thumbs Up To BoG!

The Bank of Ghana (BoG) ought to be commended for the quick manner in which it has detected the influx of fake GHC50 currency notes on the Ghanaian market, especially the dispatch with which it is dealing with the situation. … Continue reading

Posted in Editorial | Leave a comment

Domestic Airline Customers File Complains Easily

A new complaint form for domestic airline operators has been introduced to help highlight the concerns of patrons and to improve the sub-sector. The compliant form, which was unveiled at a stakeholders’ meeting organized by the Ghana Civil Aviation Authority … Continue reading

Posted in Local News | Leave a comment

CAL Tops Up Shares

CAL has added 300,000,000 ordinary shares to its issued shares, bringing the total number of issued shares to 548,261,549. The stated capital has also increased from GH¢27,725,000 to GH¢102,725,000. This was as a result of the issuance and allotment of … Continue reading

Posted in Banking & Finance | Leave a comment

Joy FM launches Bridal Fair

A three-day beauty and bridal fair is currently on-going at the Accra International Conference Centre to afford prospective brides and grooms the opportunity to experience a one-stop shop for all products and services needed for the lifetime event. The annual … Continue reading

Posted in Local News | Leave a comment