The pound and shares have surged after the Conservatives won a clear majority in the UK general election.
Sterling gained 1.7% to $1.33 - its highest level since May last year - on hopes that the big majority would remove uncertainty ov…
The Government of Ghana (GoG) and the Fondation Office Cherifien de Phosphate (OCP) of Moroccan have outdoored a project to transform fertilizer application procedures to boost yields and maximize returns.
It is a three-year project tha…
The Eastern Regional Branch of the Health Services Workers Union (HSWU) of the Trade Union Congress (TUC) has passed a resolution in support of a nationwide strike action as their outstanding grievances are yet to be resolved by the Ghana …
Ms Sarah Adwoa Safo, the Minister of State in charge of Public Procurement, says her office is compiling past and present records of all contractors, consultants and suppliers to ascertain their performance abilities and their financial ca…
Public and Private Entities who fail to keep proper records will be handed over to the Office of the Special Prosecutor (OSP) and the Attorney General for prosecution, beginning next year.
Mr. Frank Mante, Acting Chief Executive Officer…
Government has urged the National Insurance Commission (NIC) to collaborate with players in the insurance industry and relevant government institutions to ensure its digitisation efforts are in sync with the Government's policies and strat…
President Nana Addo Dankwa Akufo-Addo says Ghana remains the highest recipient of foreign investments in the West African sub-region.
According to him, the feat the country has chalked in terms of receiving many foreign investments in t…
Business groups have urged Boris Johnson to begin work negotiating the terms of the UK's future relationship with the EU after Brexit.
Following Mr Johnson's victory in the election, which he won on a promise to "get Brexit done", busin…
American author, speaker and pastor, John Maxwell once said the single biggest way to impact an organisation is to focus on leadership development.
In developing leaders, he recommended three things which include; recruiting good peop…
The Bank of Ghana has set up a Cyber Security Committee mandated to implement the central bank’s Cyber and Information Security Directive.
As part of the directive, all banks are required to seek the approval of the regulator before s…
Three institutions, Ghana Statistical Services (GSS), Vodafone Ghana and the Flowminder Foundation, have embarked on a partnership to produce official statistics using de-identified telecommunications data to strengthen humanitarian and …
Delta Air Lines Inc (DAL.N) sees another annual rise in profit and revenue in 2020 driven by what Chief Executive Ed Bastian called a growing interest in air travel by consumers across the generational spectrum.
“People are more inspire…
US aviation regulators allowed Boeing's 737 Max aircraft to continue flying despite knowing there was a risk of further crashes.
Analysis after the first crash last year predicted there could be up to 15 disasters over the lifetime of t…
Springfield Exploration and Production (SEP) Limited, an indigenous oil and gas firm and its partners, Ghana National Petroleum Corporation (GNPC) and GNPC EXPLORCO have announced significant oil discovery following its maiden Afina-1 well…
Mr Isaac Agyapong, the Kwahu East District Chief Executive (DCE), has urged farmers in the area to venture into tiger nuts production to enable the District to benefit from the 'One District, One Factory' programme.
A feasibility test o…
Mr Abdallah Ali Nakyea, the Managing Partner Ali-Nakyea and Associates, has said indirect taxes add to the cost of doing business in the country because corporate institutions transfer such taxes to consumers.
He said this had a direct …
Fifteen young women entrepreneurs in agribusinesses from nine African countries have been awarded certificates after undergoing a three-week mentoring and support training programme to boost their businesses.
The women, selected from Bo…
The Ghana Developing Communities Association (GDCA), a Non-Governmental Organization (NGO), has commenced a weeklong workshop with stakeholders in the Karaga District of the Northern Region on issues affecting livestock mobility and tradin…
The Leadership of the Ghana Hubs Network will from December, 13 to 14 host its Annual Gathering to provide a unique opportunity for technology hubs and other stakeholders in the ecosystem to convene, network and share knowledge.
A state…
Mr Kwabena Agyei Boakye, Chief Director of the Ministry of Monitoring and Evaluation has called for frequent capacity building for members of the Ghana Monitoring and Evaluation Forum(GMEF) to sharpen their skills to take up both domestic …
The Afram Community Bank (ACB) recorded a profit of GH¢664,606.00 in 2018 as against GHC691,014.00 in 2017, a decrease of 3.8 per cent, which has been attributed to unstable economic challenges.
However, the Bank grew its income from GH…
Ghanaian consumer confidence declines by four points
Nigerians consumer confidence also subdued
Ghana's latest Nielsen Consumer Confidence Index (CCI) for the third quarter of 2019 shows a slight drop to 114 from the previous quarter…
African Development Bank and African Union to roll-out a continent-wide electricity market Masterplan
The Masterplan also will inform the energy component of a Programme for Infrastructure Development (PIDA) Action Plan
The African D…
Blume Global [1], a leader in global logistics and digital supply chain solutions, today announced that Hapag-Lloyd [2], one of the world's leading shipping companies, has selected Blume Logistics [3] to support its entire global network o…
MTN Mobile Money Limited has handed over a brand new Nissan Almera salon car to Mr. Francis Osei of Franco Prestige ventures at Ahodwo during the MTN MoMo @ 10 agents/merchants awards dinner at Golden Tulip in Kumasi
The awards presenta…
After opening their first subsidiary in Europe, the world-leading smart lighting brand Yeelight quickly gained a foothold in the market: important partnerships were formed and the first products were launched - just in time for Christmas
…
ONOMO Hotels has acquired a 60, 1% controlling stake in BON Hotels
With the announcement, today of the acquisition of BON Hotels by ONOMO Hotels (OnomoHotel.com), the hospitality industry on the African continent is set for a major shak…
Beyontec, a leading global insurance technology solution provider announced the successful implementation of its core solution, the Beyontec Suite at Zamara.
Headquartered in Nairobi, Zamara is the largest pension fund administrator in …
Executives largely positive about near-term outlook OBG business barometer: Ghana CEO survey 2019 indicates
However, results highlight short-term challenges linked to ongoing reforms
Executives interviewed for the 2019 edition of th…
Competition from China in the early 2000s nearly killed SG Companies, a family-owned footwear business that was founded almost 125 years ago. Now Donald Trump's trade war could finish it off.
The 15 December deadline when the US is due …
Inflation shot up by 0.5 per cent in the month of November to reach 8.2 per cent, the highest since the rebased Consumer Price Index three months ago.
According to the Ghana Statistical Service, Alcoholic Beverages, Tobacco & Narcotics …
Market Summary
The GSE Composite Index closed 16.98 points (+0.76%) higher due to gains in five counters in the banking, telecom and oil marketing sectors to close at 2,253.45 with a -12.39% year-to-date return while market capitaliza…
In the UK and US, political parties are promising spending splurges to appease voters after a decade of squeezes.
Whether it's more nurses, frozen tax promises, free broadband internet or more social housing in the UK; or tax cuts and g…
An all-electric powered seaplane has taken flight in Vancouver, Canada, in what the operators describe as a "world first" for the aviation industry.
The short test flight by Harbour Air and magniX involved a six-passenger aircraft fitte…
The Accra Digital Centre, in partnership with the Corporate Secretarial and Training Services, has launched a Business Support Clinic (BSC) initiative to help entrepreneurs and start-ups to grow their business.
The Business Support Clin…
The Chamber of Independent Power Producers, Distributors and Bulk Consumers (CIPDiB) has congratulated the Electricity Company of Ghana (ECG) for its significant jump in the revenue collection in the first week of December.
The ECG last…
Mrs Beatrice Serwaah Derkyi, Ejisu Municipal Chief Executive, has called on youth in the area to take advantage of the various initiatives introduced by government in the agricultural sector to uplift themselves from poverty.
She said t…
The Nkoranman Rural Bank has provided loans totalling GHC 574,100.00 to farmers in the Tain District of the Bono Region to strengthen and sustain government's flagship Planting for Food and Jobs programme (PFJs) in 2018.
Again, the Bank…
The Sunyani West Municipal Directorate of Agriculture is working with farmers to enhance mobility and numbers for improved agricultural productivity in the Municipality, Mr Martin Obeng, the Municipal Chief Executive (MCE), has said.
He…
The Tony Elumelu Foundation (TEF), Africa's leading philanthropy dedicated to empowering African entrepreneurs will begin accepting applications for the 2020 cohort of the TEF Entrepreneurship Programme, from January 1, 2020.
A statemen…
The Development Institute (D.I), a Non-Governmental Organisation, passionate about empowering people and communities for sustainable development has trained 25 women and some young persons from Keta Municipality and South Tongu District in…
Mr Tewolde GebreMariam, Ethiopian Airlines Group CEO, has been recognized as 'Airline Executive of the Year' at the annual Global Aviation Awards for Excellence organized by Centre for Aviation (CAPA) in Malta.
Mr Tewolde won the title…
Ghana's economic growth has been strong over the past decade, with annual GDP per capita growth at an averagely 4.4 percent between 2006 and 2017.
Growth however has been heavily concentrated in the natural resources and commodities sec…
It was a time of fun and enjoyment with an atmosphere of appreciation, when AirtelTigo feted premier customers and their partners at an end of year dinner, at the plush Accra City Hotel to thank them for their support during the year.
T…
Shippers and stakeholders in the maritime industry in the Western Region have been sensitised on the implementation of the International Maritime Organisation (IMO) 2020 Sulphur Cap Regulation which comes into force on 1st January, 2020.
…
Director of Domestic Trade at the Ministry of Trade and Industry, Mr Ntim Donkor has said that government is prioritizing the agro-processing sector as part of efforts to develop the country's economy in its attempt to transform the agricu…
Ghana’s determination to become sub-Saharan Africa’s first LNG importer in 2020 is set to become a reality as the Tema LNG terminal project nears completion
In its African Energy Outlook 2020 report launched last month, the African En…
Saudi Aramco's stock rose sharply as the world's biggest share listing got underway in Riyadh, rising 10% above the initial public offering price.
Last week the oil giant, which produces more than a tenth of global crude supply, raised …
Vodafone Cash and StarLife Assurance have collaborated to launch what has been described as an industry-first insurance policy to strengthen their loyalty offering for their customers.
It will among other things help increase customer …
Investment tips for the Coming Year.
With investor confidence currently at an all-time low, making a good investment decision has now become a herculean task. Considering the news regarding numerous failed ‘’investment schemes and fund …
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