An eight-member advisory board for the Ministry of Lands and Natural Resources has been inaugurated with a call on the members to help the ministry overcome the numerous challenges facing the lands, forest and mining sub-sectors in its jurisdiction. Inaugurating the board, the Minister of Lands and Natural Resources, Mr John-Peter Amewu, said as a … Read more
More than 80 percent of the current staff of the National Disaster Management Organization (NADMO) are not trained in disaster management. That’s according to the outgoing Director General of NADMO, Brigadier General Francis Sanziri. He is warning the organization may be incapable of dealing with any form of disaster if poor budgetary and resource allocation … Read more
Former Deputy Senior Partner at accounting firm KPMG, Reindorf Perbi has attributed the slow pace of adoption of good corporate governance to certain lapses in the system. Recent reports of mismanagement in certain public and private sector organizations have triggered discussions about the need for business owners in the country to adopt good corporate governance … Read more
The Presidential Transition Act will need to be reviewed to empower chief directors of the various ministries to take control of the preparations of handing over notes of outgoing ministers before the 7th of November in every election year, Dr Michael Ofori-Mensah, a senior Research Fellow at the Institute of Economic Affairs (IEA), has said. … Read more
Somewhere in 2012, then as a Public Relations intern with Infocus PR Consultancy. One of the earliest lessons I learnt was that in periods of crisis it is better to be seen as the victim rather than the villain. A very short statement yet profound. It invariably underscore the posture that companies should take in … Read more
Thirty-two staff of TV3 Network Limited have summarily been dismissed from the company for engaging in a series of action which management described as a “breach of the ethics and legal requirements” regarding the employer/employee relationship. A statement signed by the Chief Executive Officer, Jimi Matthews, dated February 28, 2017 explained the affected staff who … Read more
Thirty-two staff of TV3 Network Limited have summarily been dismissed from the company for engaging in a series of action which management described as a “breach of the ethics and legal requirements” regarding the employer/employee relationship. A statement signed by the Chief Executive Officer, Jimi Matthews, dated February 28, 2017 explained the affected staff who … Read more
Thirty-two staff of TV3 Network Limited have summarily been dismissed from the company for engaging in a series of action which management described as a “breach of the ethics and legal requirements” regarding the employer/employee relationship. A statement signed by the Chief Executive Officer, Jimi Matthews, dated February 28, 2017 explained the affected staff who … Read more
A banking professional, Judith Haizel, has appealed to the Bank of Ghana (BoG) to ensure that it introduces the corporate governance guidelines in the first quarter in order to encourage banks to put in structures that will yield transparency and accountability in their activities. “I am in absolute support of corporate governance guidelines; it directs … Read more
Growth is not optional; it is a prerequisite for survival in business. A Ghanaian business leader, Ishmael Yamson, once said that every entrepreneur must be obsessed or paranoid about growing a success-driven corporate establishment. Why do we strive for excellence when mediocrity is the norm? Almost every successful Chief Executive Officer (CEO) admits the significance … Read more
Four members of the immediate past board of the Korle Bu Teaching Hospital (KBTH) have condemned the payment of an amount of about GH¢150,000 to the management of the hospital as end-of-year bonuses without recourse to the board. According to them, they never approved of any amount of such nature to be paid to any … Read more
Four board members of the Korle-Bu Teaching Hospital have questioned the basis on which the Hospital management members paid themselves a total amount of GHC153,000 as bonuses without recourse to the board. Investigations by 3FM’s Sarah Parku unraveled the payment of over GHC100,000 to the nine management members including the chief executive officer, Dr Gilbert … Read more
Health minister-designate, Kwaku Agyeman-Manu, is to request for a report on the payment of over GHC600,000 as Christmas bonuses to the staff and management members of the Korle-Bu Teaching Hospital in Accra. Investigations by 3FM’s Sarah Parku uncovered the payment of GHC100 to each staff of the Hospital as motivation while management members took home … Read more
The Korle-Bu Teaching Hospital in Accra spent more than GHC100,000 on Christmas bonuses for its management and staff members, 3FM investigations have uncovered. Each staff member received GHC100 as motivation while the management members received a total of GHC17,000 intramural allowance (extra allowances at the discretion of management). The management members who benefited from the … Read more
I have been listening to the commentary in the media about the President’s ministerial nominees with keen interest and I have decided to explain these appointments from a corporate strategy perspective. In developing a corporate strategy, the key factor that shapes the strategy is the vision of the organisation. This vision is then broken into … Read more
I have been listening to the commentary in the media about the President’s ministerial nominees with keen interest and I have decided to explain these appointments from a corporate strategy perspective. In developing a corporate strategy, the key factor that shapes the strategy is the vision of the organisation. This vision is then broken into … Read more
I have been listening to the commentary in the media about the President’s ministerial nominees with keen interest and I have decided to explain these appointments from a corporate strategy perspective. In developing a corporate strategy, the key factor that shapes the strategy is the vision of the organisation. This vision is then broken into … Read more
A man, Theophilus Donkor, has headed for the Supreme Court seeking a perpetual injunction against the removal of persons from public boards in the event of a change in government. In an application filed to that order, Donkor wants the court to stop presidents from what has become a tradition of ousting heads of public institutions and … Read more
The link between what bosses are paid and a company’s financial performance is “negligible”, new research finds. The median pay for chief executives at Britain’s 350 biggest companies was £1.9m in 2014 – a rise of 82% in 11 years – the study by Lancaster University Management School found. However, performance as measured by return … Read more
Ghana Textile Printing (GTP) Limited, has laid off 178 workers over operational challenges. The affected staff comprises 138 permanent and 40 casual workers. The Marketing Director of GTP, Rev. Stephen Kofi Badu who disclosed this to Citi Business News attributed the situation to a restructuring of the company’s operations to sustain its viability. “Two major … Read more