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8% pay rise: Workers will be better off in real terms— Dr Acheampong
business

8% pay rise: Workers will be better off in real terms— Dr Acheampong

Workers in the public sector are expected to be better off in real terms than they were in several previous years, as easing inflation helps preserve the purchasing power of their salaries, Technical Adviser at the Ministry of Finance, Dr Theo Acheampong, has said. Dr Acheampong illustrated the point with a hypothetical 9 per cent salary increase against inflation of between five and six per cent, which, he said, would translate into a real wage improvement of about three to four per cent.

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Adesina, Sanusi, Otti to lead African prosperity talks
business

Adesina, Sanusi, Otti to lead African prosperity talks

By Favour Ulebor, Abuja Former President of the African Development Bank, Dr Akinwumi Adesina; Emir of Kano, Muhammadu Sanusi II; and Abia State Governor, Alex Otti, are among prominent African leaders expected to attend a conference in Abuja on November 3 to discuss strategies for building a prosperous, resilient and inclusive African economy. According to a statement issued on Monday by the Conference Media Adviser, Comrade Chris Isiguzo, Adesina, who is also Executive Chairman of the Global Africa Investment Summit, will deliver the keynote address.

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business

FG disburses N75bn to 104 manufacturers, N65.8bn to MSMEs

The package comprises the N50 billion Presidential Conditional Grant Scheme for nano businesses, the N75 billion FGN MSME Intervention Fund for micro, small and medium-sized enterprises, and the N75 billion FGN Manufacturing Sector Fund for manufacturing businesses. Oduwole noted that the N75 billion Manufacturing Sector Fund had been fully disbursed to 104 manufacturing businesses, while N65.8 billion had been disbursed to 15,018 businesses under the MSME Intervention Fund as of the first quarter of 2026.

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MTN sets December 10, 2026 as interim dividend payment date
business

MTN sets December 10, 2026 as interim dividend payment date

MTN Ghana has set Thursday 10th December 2026 as the interim dividend payment date for quarter 3, 2026 to shareholders. All shareholders registered in the books of Scancom PLC (MTN Ghana) at the close of business on Thursday, 26 November 2026, would qualify for the quarter three interim dividend.

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8% pay rise: We’ll reopen negotiations if economic conditions worsen – NAGRAT warns
business

8% pay rise: We’ll reopen negotiations if economic conditions worsen – NAGRAT warns

The President of the National Association of Graduate Teachers (NAGRAT), Jacob Anaba, says organised labour may return to the negotiating table over the eight per cent base pay increase for public sector workers in 2027 if economic conditions change during the year. Speaking on Joy News’ PM Express on Monday, November 2, Mr Anaba said the agreement must be assessed against the cost of living, particularly rising fuel prices and the cost of food.

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Bond market: Turnover declined by 44% to GH¢5.03bn
business

Bond market: Turnover declined by 44% to GH¢5.03bn

The secondary market turnover declined by 44.87% week-on-week to GH¢5.03 billion last week. Databank Research expects the upcoming inflation release to shape near-term trading activity, as investors reassess interest rate expectations and reposition portfolios in response to the inflation outlook.

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Kenya Urges Diaspora to Invest at Home as Australia Exhibition Highlights Bilateral Ties
business

Kenya Urges Diaspora to Invest at Home as Australia Exhibition Highlights Bilateral Ties

NAIROBI, Kenya, Nov 2 – Kenya has urged citizens living abroad to channel a greater share of their remittances into investments at home, as the country seeks to deepen economic and people-to-people ties with Australia. Speaking at the opening of the Kenya-Australia: Faces of Connection photo exhibition at Shah Houses in Ngara, Nairobi, Ambassador Isaiya Kabira, Secretary for Diaspora Investments, Skills and Entrepreneurship at the State Department for Diaspora Affairs, said diaspora remittances were making a significant contribution to the economy.

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NAGRAT demands minimum and maximum base pay to address wage inequality
business

NAGRAT demands minimum and maximum base pay to address wage inequality

The President of the National Association of Graduate Teachers (NAGRAT), Jacob Anaba, has called for a review of the public sector salary adjustment system, proposing minimum and maximum base pay levels to address what he describes as wide inequalities in workers’ earnings. Speaking on Joy News’ PM Express on Monday, November 2, in a discussion on the eight per cent increase in base pay for public sector workers in 2027, Mr Anaba argued that the adjustment should be based on a range rather than a fixed percentage for all workers.

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John Lewis Christmas ad stars Kristin Scott Thomas as glamorous granny on a gift hunt
business

John Lewis Christmas ad stars Kristin Scott Thomas as glamorous granny on a gift hunt

Company tugs at heartstrings with Pickles the talking toy dog as it celebrates 20 years of blockbuster festive ads John Lewis has turned to a celebrity best known for playing aristocrats to put a playful but rather upmarket spin on the countdown to Christmas with this year’s festive ad, which features a toy dog called Pickles and a glamorous granny. Kristin Scott Thomas, known for playing upper-crust characters in films such as Four Weddings and a Funeral and the Apple TV show Slow Horses, is cast as Gloria, a grandmother searching for gift inspiration, with the tagline “don’t give up on givin

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Workers still struggle to make ends meet despite low inflation — NAGRAT President
business

Workers still struggle to make ends meet despite low inflation — NAGRAT President

Workers continue to struggle to make ends meet despite easing economic indicators, the President of the National Association of Graduate Teachers (NAGRAT), Jacob Anaba, has said, warning that the agreed eight per cent increase in base pay for public sector workers in 2027 will offer limited relief if prices of goods and services continue to rise. Speaking on Joy News’ PM Express on Monday, November 2, Mr Anaba said the relatively low inflation rate and other improved economic indicators had influenced the negotiations but did not necessarily reflect the financial pressures facing workers.

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CICAN workshop to examine ESG, tax impact on manufacturers
business

CICAN workshop to examine ESG, tax impact on manufacturers

The rising compliance burden on manufacturers from mandatory Environmental, Social and Governance (ESG) standards and Nigeria’s new tax regime will come under scrutiny at the 2026 annual workshop and awards ceremony of the Commerce and Industry Correspondents Association of Nigeria (CICAN). Other expected participants include representatives of the Manufacturers Association of Nigeria (MAN), Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Lagos Chamber of Commerce and Industry (LCCI), Nigeria Employers’ Consultative Association (NECA), Nigerian…

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ECG awards 10 Ashanti West region customers for prompt bill payment, patronage
business

ECG awards 10 Ashanti West region customers for prompt bill payment, patronage

The Electricity Company of Ghana (ECG) has awarded 10 Special Load Tariff (SLT) customers in the Ashanti West Region as part of activities marking its 2026 Customer Service Week. ECG General Manager presents the plaque to management of Kumasi Cement The awardees are XY Plywood Ghana, World Cool Stone Quarry, Asawus Company Ltd, Kumasi Cement Ghana Ltd, Niwota Company, Lancaster Kumasi City Hotel, Guinness Ghana Ltd, Twellium Ghana Company Ltd, Kasapreko Company Limited PLC and China Mall Kumasi.

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Ghana to get its first MSMEs Development Index as DBG and GSS collaborate
business

Ghana to get its first MSMEs Development Index as DBG and GSS collaborate

Development Bank Ghana (DBG) and the Ghana Statistical Service (GSS) have launched Ghana’s first Micro, Small, and Medium Enterprises index known as the MSMEs Development Index (DBG-GSS MDex). The DBG MSME Performance Index Survey is an investment in evidence, and evidence is essential for expanding access to finance, improving business performance, and accelerating Ghana’s economic progress.”

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Welfare Hub wins MoMo fintech bootcamp and hackathon in Kumasi
business

Welfare Hub wins MoMo fintech bootcamp and hackathon in Kumasi

Three teachers from the Ashanti Region have emerged as zonal champions in the MoMo Fintech Lab Hackathon after developing a digital platform to automate welfare contributions and payments for workers’ associations. The team, known as Team Kasa, comprising Mohammed Salifu, Kamila Hassan and Mukhtar Al-Farouk, secured the Middle Belt zonal title with its prototype, Welfare Hub.

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