MoneyGram rewards loyal customers in Ghana@60 promotion

Global Money transfer service provider, MoneyGram, has rewarded four lucky winners in their ongoing Ghana@60 promotion tailored to reward loyal customers and new entrants, has been held recently in Accra. The winners included Love Oduro, the first and grand winner of a brand-new Suzuki Alto Saloon car with a one-year comprehensive insurance, with Monica Tamatey, […]

Continue Reading

Yaw Amoakohene Baafi appointed Dep CEO of NLA

Yaw Amoakohene Baafi, a social scientist and communications specialist has been appointed by President Nana Akufo-Addo as Deputy CEO of the National Lotteries Authority (NLA).​ Until November 2015, Mr Baafi was the Director, Co-founder and second majority shareholder of a financial service operator Prestige Capital Limited. Mr Baafi brings to the NLA a vast experience of large size institutions having […]

Continue Reading

Vice President vows to make Ghana most business friendly in Africa

Vice President Dr. Mahamadu Bawumia says government is committed to instituting the necessary reforms and structures to make Ghana the most business-friendly in Africa. Ghana made some marginal progress in improving the environment for doing business, according to the latest World Bank Ease of Doing Business reports. The Rankings saw Ghana go up by three […]

Continue Reading

Sandvik Mining celebrates 2.5 million man-hours without injury

The Sales Area West Africa of global mining equipment giant, Sandvik Mining & Construction has celebrated a major milestone of working 2.5 million man-hours without a Lost Time Injury (LTI). This means the West Africa operations of the company, which include legal entities in Ghana, Nigeria and Mali as well as physical presence across West […]

Continue Reading

ADB releases ¢450m to support Planting for Food and Jobs programme

The Agricultural Development Bank (ADB) has announced a total of GH450 million to among other initiatives support the government’s ‘Planting for Food and Jobs’ programme. The fund, according to Daniel Asiedu, Managing Director of the Bank, is expected to meet the payment requirements for the agro-inputs supplied to beneficiaries under the programme and also support viable […]

Continue Reading

Ghana Gas seals deal with Chinese firm for major gas pipeline project

The Ghana National Gas Company (Ghana Gas) has signed a deal with Chinese multinational, Yantai Jereh Group, for the construction of an onshore 278 km natural gas pipeline from the Aboadze enclave in the Western Region to the power enclaves at Tema in the Greater Accra Region. The project agreement, dated April 11, 2017, will see […]

Continue Reading

Gov’t to implement required reforms to aid completion of IMF program

The Finance Minister has assured government will be able to implement all the required reforms to help complete the International Monetary Fund (IMF) program as scheduled.   Ken Ofori-Atta’s assurance follows concerns that government might have to embark on a “crush program” to help meet the April 2018 deadline for complementing the FUND program. Speaking to JOYBUSINESS […]

Continue Reading

Ghana still in discussion over possible program extension – IMF

The International Monetary Fund (IMF) has indicated that it is still in discussion with Ghana over a possible extension of the Fund program. Finance Minister Ken Ofori Atta at a recent engagement with media noted that government is committed to completing the program as scheduled on April 2018. He then admitted that this decision will […]

Continue Reading

Central Bank to conclude on ‘troubled banks’ soon – Governor

The Bank of Ghana (BoG) says it will soon take a decision on some banks that are said to be going through some financial challenges and have resorted to liquidity support from the Central Bank. JOYBUSINESS understands that some commercial banks are said to be in distressed positions because of significant portions of their loans […]

Continue Reading