MTN Ghana today announced the temporary revision of its Service center operations as a result of the Covid-19 virus pandemic. This includes the temporary closing down of some of its branches till further notice to help stem the spread of …
A PIONEERING company which solves some of the world’s most challenging problems is helping the UK economy fight back from COVID-19 by launching a new spin-out business this week.
Despite the impact of the coronavirus outbreak meaning ma…
African Development Bank approves $1.5 million emergency grant to curb desert locusts ravaging East and Horn of Africa
The Board of Directors of the African Development Bank on Wednesday approved a $1.5 million emergency relief grant to…
Market Summary
The benchmark index inched 0.23 points (-0.01%) lower due to Fan Milk to close at 2,159.38 with a -4.33% year-to-date return while market capitalization stayed at GH¢55.98 billion.
The GSE Financial Index recorded no…
This Environmental Finance 2020 bond award was given by an independent panel comprising 30 of the world’s largest green, social and sustainability bond investors
The African Development Bank (AfDB.org) received on 30 March 2020 an award…
In Sotheby’s First-Ever Online-Only Auction for this Category; With World Auction Records for 5 Artists, including Bertina Lopes and Samuel Fosso
Total: Newly converted to an online-only format, Sotheby’s sixth sale of Modern & Contempo…
Business Secretary Alok Sharma has issued a stark warning to banks, after concerns that up to a million companies could fold because they could be denied emergency loans.
"It would be completely unacceptable if any banks were unfairly r…
British Airways is expected to announce it will suspend around 36,000 staff.
The airline, which grounded much of its fleet due to the coronavirus crisis, has been negotiating with the Unite union for more than a week.
The two sides h…
Ghana’s first wine café, Sai Wine and Champagne Café has announced that it will be moving to a new location in Nyaniba Estates.
Established in 2015 and after four years of introducing a new lifestyle and culture to Ghanaians which inclu…
In response to the Coronavirus (COVID-19) pandemic, Prudential Life Insurance Ghana has introduced a free package to cover its customers.
Known as the Pru Covered-19, the fund is to support new and existing customers of the company.
…
China’s ports and shipping firms are bracing for a second wave of supply chain disruptions that may be deeper and more prolonged than during the country’s coronavirus lockdown as the global spread of the virus chokes off international dema…
Nearly a fifth of all small and medium-sized businesses in the UK are unlikely to get the cash they need to survive the next four weeks, in spite of unprecedented government support.
That's according to research from a network of accounta…
The rollout of 5G mobile networks in Europe will “certainly be delayed” by the coronavirus outbreak, Huawei says.
The Chinese company is one of the major manufacturers of essential equipment for 5G networks.
Huawei said continuing th…
Farmers in the Wassa-East District have expressed their heartfelt gratitude to the District Chief Executive (DCE) Mr.Wilson Arthur for being instrumental in the massive supply of basic farm inputs to boost Agriculture in the area.
Accor…
Zeepay, a leading African fintech, has been granted a license by the Bank of Ghana to operate a full Electronic Money Issuer service otherwise known as Mobile Money.
The service will allow Zeepay's subscribers to operate the full bouque…
Finance Minister, Ken Ofori-Atta has revealed that government intends to lower the cap on the Ghana Stabilization Fund (GSF) from the current US$300 million to US$100 million in accordance with Section 23(3) of the Petroleum Revenue Manage…
Market Summary
The benchmark index moderated by 1.67 points (-0.08%) to commence the week at 2,158.85 with a -4.36% year-to-date return as a result of downward price movements in two banking counters while market capitalization stayed…
Amid global uncertainty, country’s membership is key part of accessing international private investment capital
The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, is pleased to announce that the Feder…
Amid global uncertainty, country’s membership is key part of accessing international private investment capital
The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, is pleased to announce that the Feder…
MTN Group releases 2019 integrated, sustainability and tax reports highlighting the significant positive impact it has on economies and the societies it serves
MTN Group today published its Group Integrated, Sustainability and Tax Repor…
Asia now accounts for more than half of the global internet users. Data gathered by Learnbonds.com indicates that during the first quarter of 2020, the continent accounted for 2.3 billion users representing about 50.3% of the global user…
Most economic analysts and energy asset operators now agree that 2020 could see negative demand growth for oil globally
The African Energy Chamber takes security threats in Africa extremely seriously and such risks should not …
Amidst this time of crises and the restrictions put on travel and mobility, we have attorneys on the ground that can assist your company with its tailored legal needs
The CenturionPlus team (https://CenturionLG.com) and our on-demand la…
African Development Bank approves $2 million emergency assistance for WHO-led measures to curb COVID-19 in Africa
The grant will be used by the world body to equip Regional Member Countries to prevent, rapidly detect, investigate, conta…
African governments and the judiciary must protect workers and oil companies from ill-intent legal actions due to COVID-19
African energy companies and services companies operating onshore and offshore need to be given protection from u…
IFC, a member of the World Bank Group, today announced a $2.5 million investment in New Crystal to support the expansion of the private healthcare group, which provides high-quality medical services to lower-middle-income and low-income pa…
Western Union Continues to Expand Digital Services and Account Payout During COVID-19 Pandemic; Now in 75 Countries with Payout in 200 Countries Globally
Western Union (NYSE: WU), a leader in cross-border and cross-currency money moveme…
Mobile Money Industry Processed US$2 Billion in Transactions Per Day in 2019
The GSMA today unveiled the annual ‘State of the Industry Report on Mobile Money’, offering a view of the mobile money landscape and highlighting the impact th…
Stock markets around the world suffered historic losses in the first three months of the year amid a massive sell-off tied to the coronavirus.
The Dow Jones Industrial Average and London's FTSE 100 saw their biggest quarterly drops sinc…
For most people, the process of preparing for any facet of life is a difficult hurdle to cross.
Be it career choices, planning finances or making healthy choices, the key thing is to prepare for it and work hard to achieve it.
For …
You've only got to look up to see there's still a fair amount of activity in the air, despite all the airline cutbacks. Why is that?
Surprisingly, a number of global airlines are still running passenger flights, including British Airway…
Pressure is building on Amazon and other delivery firms to improve protections for workers worried about getting infected with coronavirus.
Some US workers at Amazon and US food delivery firm Instacart are threatening strikes, and have …
The Association of Ghana Industries (AGI) on Monday commended government's efforts at making available a minimum of one billion Ghana cedis to alleviate the impact of COVID-19 on businesses as the partial lockdown takes effect on March 30.…
A colourful change of command has taken place at the Tema Port security office ,where Head of Security, Colonel Joseph Malik Punamane, has handed over to a new security Chief, Colonel William Kwabiah.
Col. JM Punamane is now destined …
Medical drone delivery giant, Zipline, has donated several items to communities and health centres within their catchment areas to help the fight against the coronavirus (COVID-19) pandemic.
The items included: veronica buckets, deterge…
The Ghana Union of Traders' Associations on Monday commended the Republic Bank for the six-month loan repayment deferment for its customers and staff in response to the COVID-19.
A statement signed by Mr Alpha Shuban, the Union Secretar…
Advans Ghana Savings and Loans has announced that it will grant some grace period for loan clients in a bid to assist businesses against the impact of the COVID-19 pandemic.
However, the offer will be specifically adapted to each clie…
The $100 million earmarked for the fight against COVID-19, announced by President Nana Addo Dankwa Akufo-Addo, has been secured and available to be disbursed, Finance Minister Ken Ofori-Atta told Parliament on Monday.
He said the outb…
Weekly Highlights
Producer Price Inflation dropped to 11.8 percent in February
Yield on short-dated treasury securities trimmed.
GSE ended bearish on selling pressures.
Ghana cedi recorded another round of weekly depreciatio…
Market Summary
The benchmark index moderated by 1.67 points (-0.08%) to commence the week at 2,158.85 with a -4.36% year-to-date return as a result of downward price movements in two banking counters while market capitalization stayed…
Open communication between all organizations involved in African energy helps combat misinformation and promotes safety during the Covid-19 crisis
AOP (www.AfricaOilAndPower.com) is making its platform available for governments and comp…
Jaguar and Land Rover thank all those around the world involved in the fight against coronavirus
Jaguar Land Rover South Africa makes 11 vehicles available to Red Cross efforts
57 vehicles including 27 New Defenders from the pr…
Weathering the Stock Market Storms (Part 2)
The term "bear market" is derived from the downward, painful, and vicious decline reminiscent of the swipe made by an attacking bear. In contrast a ‘’bull market’’ depicts how a bull thrusts i…
GCB Bank Ltd has responded to the coronavirus (COVID-19) restrictions imposed in Greater Accra and parts of Kumasi by the state.
The reaction of the Bank is aimed at protecting staff, customers, members of the public and Ghanaians in ge…
* Chief Data Officer Ali Shahkarami will align global data initiatives, tools and investments and further drive AGCS’s data and analytics strategy
* With this newly created role Allianz Global Corporate & Specialty (AGCS) aims to cre…
Angola, Senegal, Cameroon, Ghana and Nigeria among the most hard hit amid Covid-19 and oil price plunge
The African Energy Chamber analyses the most vulnerable African countries amid the Covid-19 pandemic and low oil price
An…
American Airlines has confirmed it will seek $12bn (£9.7bn) of financial support from the US government because of the impact of coronavirus.
Employees were told in an email this "would allow us to fly through even the worst of potentia…
The financial impact of coronavirus will stop almost 24 million people from escaping poverty in East Asia and the Pacific, according to the World Bank.
It says “significant economic pain seems unavoidable in all countries”.
The World…
Finance Minister Ken Ofori-Atta says the impact of the ravaging coronavirus pandemic on Ghana’s economy looks grim, however bold measures must be taken for desired mitigation.
While updating Parliament Monday on the potential economic i…
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