BUSINESS NEWS

The President of the World Cocoa Farmers organization (WCFO) Mr. Abraham K. Adusei has appealed to the government to urgently address some of the major challenges facing the cocoa industry with with provision of basic social amenities to the cocoa growing areas to make the industry attractive. According to Mr …

Aker Energy has revealed yesterday that its board of directors has named Svein Jakob Liknes as acting chief executive officer following the decision by Jan Arve Haugan to resign.  Liknes’ appointment to acting CEO is effective immediately and will remain in effect “until further notice”, Aker Energy revealed. Liknes was previously …

GCB Bank Limited has introduced a product, G-Money, an industry first mobile wallet service. This comes after the bank was given approval by the Bank of Ghana (BOG) on November 25 this year to create electronic value backed by equivalent cash to serve customers. G-Money, which is the first of its kind …

Telecom operator AirtelTigo has advertised that it is hiring a Business Operations Lead to join its Enterprise Business Customer Experience Team in the firms Business Department.  The successful candidate will report to the Director, Operations and Customer Experience and will develop and implement an effective Business Operations Strategy to reduce …

Tullow Oil Plc’s Chief Executive Officer and exploration director quit after the company cut its production outlook and suspended the dividend. The shares tumbled, deepening their loss for the year to more than 60%. CEO Paul McDade and exploration chief Angus McCoss resigned with immediate effect, marking the exit of …

Menzgold has said it will announce a payment schedule and formula for its customers on December 18. It comes after the company asked customers whose funds have been locked up to visits centres across the country to validate their documents. The latest notification is silent on when payment, which is critical to …

A 58-year-old farmer, Charles Gyamfi, has been adjudged the 2019 National Best Farmer. Mr. Gyamfi, from the Tano North District of the Ahafo Region, was honoured at the 2019 Farmers’ Day celebration held in the Volta Regional capital, Ho.  Abdulai Atiku Seidu, Upper West Region, was the 1st runner-up, while the …

The  National Communications Authority (NCA) has sanctioned MTN Ghana for failing to comply with directives which were sent to them following some challenges with their network recently. NCA had directed MTN to submit a report on the challenges within 24 hours of receipt of the directive, but the Mobile Network …