Articles from the ‘Business’ category
Posted by Contributor on February 3, 2012 at 8:47 am in Business, Other Business Stories
The United States Agency for International Development (USAID), has signed a Memorandum of Understanding (MOU) with the Northern Regional Coordinating Council (RCC) to improve upon food security in the region. The initiative that is under the Food and Security Resilience Programme is dubbed: “Feeding the future” involves the disbursement of more than 60 million dollars [...]
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Posted by Contributor on at 8:00 am in Business, Financial Institutions
*To flush out unscrupulous operators The Ghana Association of Microfinance Companies (GAMC) is bracing up to protect the industry and help safeguard funds of depositors. The business group is to operate under the second tier of the regulated microfinance institutions, which include susu companies taking deposits and making profits. Under the new Bank of Ghana [...]
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Posted by Contributor on at 7:59 am in Business
Glo Mobile Ghana Limited announced today it has reached the threshold set for its number reservation exercise, prompting the company to introduce a second block of number series to enable as many people as possible to reserve their preferred numbers. It will be recalled that on January 19, Glo Mobile Ghana Limited launched [...]
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Posted by Contributor on February 2, 2012 at 4:28 pm in Business
GT Bank says it has acquired the licence to issue MasterCard debit cards in Ghana. Additionally, the bank would shortly follow up with the deployment of its MasterCard POS payment solution, which is ideal for hotels, restaurants, supermarkets and gas stations among other outlets. The move is aimed at providing alternative payment services to customers [...]
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Posted by Contributor on at 4:04 pm in Business
It should be possible to use E-zwich cards for not only domestic money transfer (as it is currently) but also international money transfer by the second quarter of this year. This would however start with transfers to and from the UK before extended to other parts of the world. This forms part of plans by [...]
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Posted by Contributor on at 1:32 pm in Business
*To top online fraud transactions worldwide Device Reputation Authority, iovation, which protects online businesses from fraud and abuse, has announced January 31, 2012 that transactions originating from Ghana are most likely to correlate to fraud. The transactions are said to be in online financial services, retail, gaming, and social communities among others. This was after [...]
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Posted by Contributor on at 11:45 am in Business, News From Other Newspapers, Other Business Stories
The Subscriber Identity Module (SIM) Registration Regulation, 2011 (Legislative Instrument 2006) which was presented to Parliament on November 30, 2011 comes into force, February 2, 2012 after the House had adopted the report of the Subsidiary Legislation Committee on the instrument Wednesday. By the coming into force of the instrument, a framework has been provided [...]
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Posted by Contributor on at 7:47 am in Business
Global food prices declined 8 percent between September and December of 2011 due to increasing supplies and uncertainty about the global economy, but still remain volatile and high with the 2011 annual index 24 percent higher than its average in 2010, according to the World Bank Group’s latest Food Price Watch. While the first quarter [...]
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