Okada Association welcomes Mahama’s promise to legalize business

The Okada Riders Association has welcomed the promise by the flagbearer of the National Democratic Congress (NDC), John Mahama, to legalize the commercial use of motorbikes, popularly called “Okada”. According to the Association, the promise, if implemented, will provide jobs for many unemployed youth in the country. The National President for the Okada Riders Association, […]

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Ban on importation of ‘accident’ and 10-yr old used cars starts in Sept. 2020

Government says the Customs (Amendment) Bill, 2020, which bans the importation of second hand cars of more than ten years old, as well as salvage cars, locally referred to as ‘accident cars’, will take effect from September, this year. The Bill, which was opposed by the Minority and vehicle dealers across the country was later passed into […]

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Hotels, restaurants and drinking spots allowed to reopen; night clubs still closed

Hotels, restaurants and drinking spots, have been given the green light to operate weeks after they were barred from doing so as part of measures to curtail the spread of COVID-19. The ban on public gatherings and the closure of borders has affected the hospitality industry the most, forcing some hotels and restaurants to cut […]

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Twitter tells employees they can now work from home ‘forever’

Jack Dorsey, the CEO of Twitter has informed his employees that they can now work from home “forever” amid the Coronavirus pandemic. The 43-year-old CEO informed staff on Tuesday saying all in-person events would be cancelled as the company announced plans to adopt a permanent work-from-home structure amid the Coronavirus pandemic. Employees would receive a $1,000 allowance […]

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EXIM Bank funds Tobinco to produce COVID-19 treatment drug

EXIM Bank Ghana is collaborating with Entrance Pharmaceuticals and Research Centre, a member of the Tobinco Group of Companies, to produce hydroxychloroquine and azithromycin locally for the management of COVID-19 cases. The bank said it is ready to advance a $5 million facility to the company for the production of the drugs locally. Persons with […]

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Airports likely to be opened for domestic flights this weekend – Aviation Minister

The Aviation Minister, Kofi Adda, has hinted that domestic flights may resume this weekend. According to him, the Ghana Airport Company Limited has put in place precautionary measures at all airports as the country continues to fight the spread of the novel Coronavirus pandemic. Speaking to the media during a disinfection exercise at the Kotoka […]

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Shatta Wale, Stonebwoy & Samini Named Among 2020 Top 50 Young CEOs In Ghana

The annual publication of outstanding young Ghanaian business leaders and entrepreneurs have been announced by The YCEO and Avance Media, a leading PR & Rating Agency. The list which was launched in 2018 and announced annually is a comprehensive representation of young entrepreneurs blazing the trail and creating several job opportunities across the country. According […]

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Nigeria’s Dangote remains Africa’s richest man for 9th time

Nigeria’s billionaire businessman and President/CEO of Dangote Group, Aliko Dangote, has topped Forbes Africa’s Billionaires list for 2020 for the ninth time in a row. The list according to Forbes captures only eight countries who have billionaires; Egypt and South Africa are tied with five billionaires each, followed by Nigeria with four and Morocco with two. Maintaining […]

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Apple fined for slowing down old iPhones

Apple has been fined 25 million euros (£21m, $27m) for deliberately slowing down older iPhone models without making it clear to consumers. The fine was imposed by France’s competition and fraud watchdog DGCCRF, which said consumers were not warned. In 2017, Apple confirmed that it did slow down some iPhones, but said it only did […]

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Bank of Ghana named African Central Bank of the Year

The Bank of Ghana (BoG) has been named as the African Central Bank of the Year for 2019 following impressive achievement in reforming the Ghanaian banking sector. The awards will be held on 19 March 2020, in Brussels, Belgium. The African Central Banking Awards research carried out by Christopher Jeffery, Daniel Hinge, Dan Hardie, Rachael King, Victor […]

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