News Headlines
Home » Gen. News » Business (page 10)

Business

450MW power barge expected before end of 2016

State-owned electricity distributor, Electricity Company of Ghana (ECG) and Karpower Ghana Limited have reached advanced stages of negotiations to increase Karpower’s generation capacity to 675 megawatts (MW) before the end of this year as part of steps to resolve the power crisis permanently. The Finder has learnt that aside hydro generation, Karpowership is currently producing power at the cheapest. This, ...

Read More »

GNPC scales up oil exploration preparations in Voltaian Basin

Source: GNA Preparations towards oil and gas exploration in the Voltaian Basin has gathered momentum as series of stakeholders’ forums to comprehensively address all environmental concerns are held. Heads of department and coordinating directors drawn from the various districts across the Eastern Region were on hand at one of such forums in Koforidua to make input into the development of ...

Read More »

Black-owned bank to be overhauled by new investor

Source:chicagotribune.com The family that recently invested $9 million into one of the last black-owned banks in Illinois plans to overhaul the Bronzeville lender, trying to put the bank’s close call with failure behind it. Illinois Service Federal Savings & Loan Association, founded in 1934, remains one of two black-owned banks based in Illinois, with the investment by Ghana’s Nduom family. ...

Read More »

What are eWallets and are they safe?

Source: ORION If you are willing to try your luck at any online casino you prefer, you will soon have to choose the deposit options to start playing. In the world of online gambling, the most popular payment tool is eWallet. Before you start making your deposits through it, there are a few important things you need to know about ...

Read More »

Fuel prices to go up by 2% – Petroleum Chamber

Source: classfmonline.com The second pricing window for the month of June is set to commence on Thursday the 15th and information and figures gathered from Industry players suggest prices are likely to be adjusted upwards by some 2% on current exorbitant pump prices, the Chamber of Petroleum Consumers Ghana has said in a statement signed by Executive Secretary Duncan Amoah. ...

Read More »

Uber Settlement Maintains Contractor

Source: vintage-solutions.com In a much watched and anticipated case, global ride-sharing giant, Uber, and its drivers recently reached a settlement agreement containing many monetary and non-monetary aspects, including the establishment of a $100 million fund. One critical aspect of the proposed agreement, currently awaiting approval by a California Judge, is that Uber’s drivers will continue to be treated as independent ...

Read More »

MTN pays over Ghc600m to gov’t in taxes

MTN Ghana has paid an amount of GHc 675 million to the Ghana Revenue Authority (GRA) as taxes for its operations in 2015. The leading telecom service provider also paid GHc 43.7 million as charges to the industry regulator, the National Communications Authority (NCA) and the Ghana Investment Fund for Electronic Communications (GIFEC). Ms. Cynthia Lumor, the Corporate Services Executive ...

Read More »

Accra Brewery rewards distributors

Ghana’s premier beverage producer, Accra Brewery Limited (ABL) has rewarded its Distributors at a dinner and awards evening in Takoradi. A number of Distributors were rewarded with handsome cash prizes for their exceptional performance in 2015.The winners were Emmanuel Brenya Enterprise (Gold winner), Ice Blue Ventures (Silver winner), Detela Company Limited (Bronze Winner) and Mackay & Company (Most Improved KD). ...

Read More »