Skip to main content

Privacy Policy

Click here for further privacy policy

Comments

Popular posts from this blog

Ghana-Northern Region Trade Fair 2017 launched

The Northern Region Office of Ministry of Trade and Industry (MoTI) is to organize the Northern Trade Fair 2017 to showcase emerging opportunities in the region for business to take advantage of. The event, scheduled for October 10 to October 14, 2017 is expected to bring together over 500 entrepreneurs, craftsmen, manufacturers, producers, service providers amongst other stakeholders to market their wares. It is being organized by MoTI in partnership with Universal Marketing Consultancy Limited and Dansyn Ghana Limited on the theme: “Harnessing the Emerging Business Opportunities in the North for Economic Development through Trade and Commerce.” Alhaji Alhassan Issahaku, Northern Regional Coordinating Director, who launched the event in Tamale on Wednesday, said “the region has a lot of potentials which businesses can exploit and we are positioning the private sector to take advantage and grow their business.” He said the fair formed part of efforts to repositi...

International Monetary Fund (IMF), Ghana programme extended by a year

The International Monetary Fund (IMF) has extended Ghana’s program with the Fund. The extension will see Ghana end the program in April 2019 instead of April 2018. President Akufo-Addo during his maiden encounter with senior journalists at the Flagstaff House recently stated that government will not extend the programme after it ends on December 2018. However discussions between government officials and that of the fund in Washington yesterday led to an approval for an extension which was requested for by Ghana. The disbursement of 94.2 million dollars was also approved making it the fourth disbursement under the extended credit facility program.   A total disbursement under the arrangement is about US$565.2 million with the remainder to be disbursed after other reviews. The Board of the Fund also approved Ghana’s request for waivers of non-observance of performance criteria, and modification of one performance criterion; and the extension of the arrangement by one ...

Ghana- Contract of UT Bank and Capital bank workers terminated

Pricewaterhouse Coopers (PwC) has commenced issuing letters to staff of former UT and Capital Banks. PwC is undertaking this exercise in its capacity as the receiver of the purchase and assumption agreement between GCB Bank and the two defunct banks. Information available to Citi Business News indicates that the letters are being served to all employees of the two affected banks. This is expected to affect about one thousand workers both of former UT and Capital banks. According to PwC, any claim of the workers in terms of salary arrears, wages, leave, severance pay and other entitlement will be dealt with in accordance with the provisions of the Labour Act, 2003 (Act 651) and the Banks and Specialized Deposit Taking Institutions Act, 2016 (Act 930). “Your contract of employment with UT has been terminated as a result of the receivership effective 14 August 2017. Any claim you have against UT such as arrears of salaries, wages, leave, severance pay and other entit...