The government has decided to suspend the launch of the Initial Public Offer (IPO) of the Agyapa Royalties deal on the London Stock Exchange (LSE). The Ministry of Finance has said it does not intend to proceed with the IPO ahead of the results of the corruption risk assessment by the Office of the Special Prosecutor....
Category: Business
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600 stimulus package applicants get assistance
The National Board and Small Scale Industries (NBSSI) has been inundated with compliant from businesses seeking assistance to complete their application processes in order to access the stimulus package. In an interview with the Graphic Business on October 3 in Accra, the Public Relations Coordinator of the NBSSI, Mr Kestine Owusu Poku, said the board...
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2 Firms partner to improve insurance accessibility
An insurance firm, Hollard Ghana, has announced the addition of general insurance to its partnership with a retail outlet, Melcom Limited, following endorsement by the National Insurance Commission (NIC). Already offering Hollard life insurance products, the addition is to enable Melcom Limited to offer non-life insurance products to its shoppers at convenient Hollard on-the-go booths...
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Guinness donates to curb spread of COVID-19
Guinness Ghana has donated prescribed safety tools worth GH₵692,000 to tourist and bar operators to support efforts by the government to curb the spread of the coronavirus disease (COVID-19) in the country. The amount went into veronica bucket distribution and educational posters to drive adherence to the COVID-19 safety protocol among others to keep tourist...
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Workers urged to invest in Tier-3 pension scheme
The President of Civil and Local Government Staff Association, Ghana(CLOGSAG), Dr Evans Dzikum, has asked workers to make a deliberate effort to invest part of their earnings in the voluntary Tier 3 pension scheme administered by private entities. He said that was the surest way to what he described as a happy old age as...
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NBSSI helps create 21,892 new jobs
The National Board for Small Scale Industries (NBSSI) has facilitated the creation of some 21,892 new jobs in the last three and half years. It has also facilitated access to GH38.53 million as credit facility between January 2017 and March 2020 to 14,738 businesses out of which about 68.3 per cent are women owned and...
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Cedi traders risk imprisonment – Bank of Ghana
The Bank of Ghana (BoG) has warned businesses and the public to desist from selling the country’s currency, the cedi, and pesewa coins or face prosecution. It said the act of giving a high value of the currency to people for lower values to meet their needs was illegal and punishable by summary conviction to...