Business

Newmont completes property acquisition for Tahltan territory land use

June 8, 2022

Newmont Corporation has announced that it has closed a transaction with Skeena Resources Limited to acquire certain properties located in Tahltan Territory in northwestern British Columbia. Newmont will work in collaboration with the Tahltan Nation, the Iskut community and the British Columbia government to make available portions of the acquired properties to support the Continue Reading

Business

Transport fares, food prices push inflation rate to 27.6% in May 2022

June 8, 2022

Increase in transport fares and surging food prices pushed the rate of inflation in May 2022 to 27.6%, the Ghana Statistical Service has announced. This is against 23.6% recorded in April 2022. According to the Government Statistician, Professor Kobina Annim, the rate of inflations for Transport (39.0%), Household Equipment and Maintenance (33.8%), Housing, Water, Gas […]Continue Reading

Business

British Airways apologises to customers for cutting Accra-London-Accra flights to 5 per week

June 8, 2022

The Management of British Airways has apologized to customers for the inconvenience caused them for reducing Accra-London-Accra flights to five per week from seven. The management said the decision to reduce the flights was taken for “our mutual customers’ travel plans.” “As a business, we are focused on three priorities: our customers and valued partners, […]Continue Reading

Business

We won’t allow consumers to bear demands of utility providers – PURC

June 8, 2022

The Public Utility Regulatory Commission (PURC) is assuring consumers that it will not grant some of the demands made by utility providers. The Electricity Company of Ghana and the Ghana Water Company Limited are demanding over a 100% increment in tariff to meet what they call operational cost. The PURC is currently meeting all stakeholders […]Continue Reading

Business

GA/R: Onion sellers in open defecation at Adjen Kotoku

June 7, 2022

Scores of onion sellers relocated from the Agbogbogloshie area in the Accra Metropolitan Assembly (AMA) to Adjen Kotoku in the Ga West municipality of the Greater Accra Region are seething with anger over the lack of toilet facilities in the area. According to onion sellers, the lack of toilet facilities has pushed many of them to […]Continue Reading

Business

Republic Bank wins two international awards

June 7, 2022

Republic Bank has received two prestigious international awards at the just ended International Banker Awards 2022. The Bank was honoured as the Best Innovation in Retail Banking Ghana and Best Private Bank in Ghana. The awards which were published on May 30, 2022 are in recognition of the outstanding performances and exceptional commitment Republic Bank […]Continue Reading

Business

Absa Bank’s Audrey Abakah shares practical finance tips for SMEs

June 7, 2022

Head of SME and Partnership at ABSA, Audrey Abakah spoke about ‘Practical Finance Tips for SMEs’ on the Citi Business Festival on-air series on Tuesday, June 7, 2022. In her presentation, Audrey highlighted some practical finance tips for Small and Medium Enterprises. Pay attention to revenue She posited that money is the blood of every […]Continue Reading

Business

EU-funded solidarity-based partnership between GWCL, GVWC kicks-off to provide inclusive services in Sierra Leone

June 7, 2022

The solidarity-based Water Operators’ Partnership (WOP) between Ghana Water Company Limited (GWCL), Guma Valley Water Company (GVWC), and VEI started its peer-to-peer learning journey back in 2018 to support the development of GVWC pro-poor activities. Encouraged by the successful learning and twinning partnership, the three partners decided to submit a funding proposal Continue Reading

Business

GRIDCo forms taskforces to deal with encroachment of access routes to transmission lines

June 7, 2022

The Ghana Grid Company (GRIDco) has formed three taskforces to deal with the encroachment of access routes to its transmission lines. The team, the Right of Way Taskforce which will work in some selected areas, will also prevent encroachment by illegal miners and residents. Chief Executive of the company, Ing. Ebenezer Essienyi, listed some operational […]Continue Reading

Business

We appear to be 2nd to finance officers, accountants in terms of pay; it’s demotivating – President of IIA

June 7, 2022

President of the Institute of Internal Auditors (IAA) Ghana, Harriet Karikari, has expressed worry about the low remuneration of internal auditors, particularly those in the public sector. According to her, this is affecting their output. Speaking to Joy Business, Mrs. Karikari said it is wrong for finance professionals and accountants to be placed ahead of […]Continue Reading