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Company News

  • Ghana's Puma Energy targets opening of 40 new stations by next year

      Puma Energy is planning to open some 40 new stations by next year, 2021. This is part of its brand strategy to become a household name across the country. Managing Director of Puma, Henry Osei disclosed this at the oil marketing firm’s Customer Week Celebration. According to him, the customer is royalty, hence, the desire to get...[READ MORE]

  • Ghana Government to hook 10,000 businesses onto Ghana Online Mall

    THE Ministry of Business Development through its agency, the National Entrepreneurship and Innovation Plan (NEIP),has launched the ‘Ghana Online Mall’ platform for start-ups, Micro, Small and Medium Scale Enterprises (SMEs) in Ghana with the view to revamping the marketing opportunities for the private sector.It will be a directory for all the...[READ MORE]

  • AirtelTigo CEO Roshi Motman resigns

      The CEO of AirtelTigo Roshi Motman has resigned to pursue new opportunities, the telecommunication outfit announced Tuesday. She will be replaced by Mitwa Kaemba Ng’ambi. Ms Motman has enjoyed considerable successes during her time with first Tigo Ghana and subsequently AirtelTigo. Having joined Tigo Ghana in 2014, she steered the company...[READ MORE]

  • Textile companies appeal for tax exemptions to help save dying industry

    Local textile manufacturing companies are appealing to the government for tax exemptions on their products as an incentive to help revive the industry. According to them, this will help them compete with the influx of cheap textile products from China and other parts of the world. Friday wear Even though the national Friday wear has received a lot of...[READ MORE]

  • Voltic Ghana pumps $6.5m into operations to maintain market leadership

      Raymond Mensah Gbetivi, Voltic Country Sales and Marketing Manager Voltic Ghana, a premier brand in the water bottling and beverages industry, is taking a series of steps to maintain its market dominance in the face of fierce competition. The company, which in 2016 became part of the Coca-Cola Beverages Africa (CCBA) reveals it last year invested...[READ MORE]

  • Apple in $100bn share buyback as more money returned to US

      Apple is returning another $100bn (£73bn) to shareholders from its huge cash pile as solid iPhone sales helped revenues rise 16% to just over $61bn. The company sold 52.2 million iPhones in the three months to March - only a touch below expectations, despite waning global demand for smart phones. Revenues at Apple's services business that...[READ MORE]

  • GOIL announces interest in being ‘major’ upstream player

      Ghana Oil Company Limited (GOIL) has expressed interest in moving upstream to become a major player in the exploration and production business. Its Board Chairman, Kwamena Bartels, told shareholders at their 49th Annual General Meeting that the company intends to partner an international player with proven technical competence to operate in...[READ MORE]

  • GOIL share price takes upward trajectory

      Goil is the largest indigenous Oil Marketing Company in Ghana The share price of the nation’s foremost indigenous Oil Marketing Company, Ghana Oil Company Limited (GOIL) has taken an upward trajectory as it has moved from GH¢1.1 December 28, 2016 to GHC4.10 as at April 2018.   These indicators, a Stock Market...[READ MORE]

  • Promasidor Ghana Limited unveils Cowbell Gold

        Milk powder brand, Cowbell has unveiled Cowbell Gold, the latest addition to its wide range of products which promises an energy boost to consumers.The new product, Cowbell Gold is described by producers Promasidor Ghana Limited as a crispy fortified chocolate milk drink, which is rich in proteins and vitamins to keep the body...[READ MORE]

  • Facebook explored unpicking personalities to target ads

      Facebook has considered profiling its users' personalities and using the information to target adverts. A patent filed by the social network describes how personality characteristics, including emotional stability, could be determined from people's messages and status updates.     The firm is currently embroiled in a privacy...[READ MORE]

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