President Nana Addo Dankwa Akufo-Addo has urged investors in Norway to invest in Ghana, arguing that government has put in place the enabling environment for businesses to thrive in the country.
He said government had instituted …
INVESTMENT TERM OF THE WEEK
Enterprise Value (EV): Enterprise value (EV) is a measure of a company's total value. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as an…
The teams behind the teams within the business of sport were recognised and awarded yesterday at the 2021 Hollard Sport Industry Awards.
Campaigns showing true grit, resilience, and exceptional creativity spanning marketing, PR, virtual…
The 2021 Thales Global Cloud Security Study, commissioned by Thales and conducted by 451 Research, part of S&P Global Market Intelligence, reports that 40% of organisations have experienced a cloud-based data breach in the past 12 months. …
On his first official visit to Africa since the start of the COVID-19 pandemic, European Investment Bank President Werner Hoyer and Vice President Thomas Östros today formally opened the EIB’s new Nairobi Hub with Kenyan Finance Minister, …
A new focus report, produced by Oxford Business Group (OBG) in partnership with the African Economic Zones Organisation (AEZO), shines a spotlight on the continent’s rapidly developing industrial sector, which is poised to become a key dri…
Today’s food retail environment is under immense pressure to improve efficiencies, with global megatrends including the fight against climate change, improving food safety while reducing loss, electrification, and digitalisation of operat…
The Director-General of the State Interest and Governance Authority (SIGA), Mr Stephen Asamoah-Boateng, has cautioned boards of directors of state-owned enterprise(SOEs) against interfering in the day-to-day operations of their organisatio…
Telecommunication giant, Vodafone Ghana, has officially launched a unique consumer loyalty campaign to financially reward and empower its customers towards the yuletide season.
The promotion dubbed “??k?so Promo” is a coin-based consu…
In the spirit of reassuring its commitment to making life simple for customers, AirtelTigo has rewarded daily, weekly, and monthly winners of the “To Gu Me So” promo that is taking Ghanaians by storm.
The Telecommunication company has s…
A Deputy Minister of Finance, Abena Osei-Asare, has hinted that the government may be reviewing the implementation strategy of the proposed Electronic Transaction Levy (E-Levy) in the coming days.
Speaki…
Prudential Life Insurance Ghana, one of the leading life insurance companies in Ghana, has officially launched the second edition of the annual urban cycling event code-named PruRide 2021, at the Prudential Life Insurance G…
Businessman, Senyo Hosi, says government’s support for Ghana’s agricultural sector is largely inadequate and unable to generate profitability for farmers and investors engaged in agribusiness.
Using statistics from the A…
A forum of public sector associations and unions has accused the Social Security and National Insurance Trust (SSNIT) of attempts to deliberately delay the payment of past credit to members.
The past credit is the contribution workers m…
The American Chamber of Commerce (AMCHAM), Ghana, has held its 2021 Annual Thanksgiving Dinner and Awards Night in honour of the United States (US) Ambassador to Ghana, Ms Stephanie Sullivan, who leaves the country next year after a succes…
Parliament has been urged to, as a matter of urgency, amend the laws on pensions to ensure the financial sustainability of the Social Security and National Insurance Trust (SSNIT) for the benefit of present and future generations.
Key a…
* CDC Group's next five-year strategy builds on its understanding of evolving market dynamics, scales commitment to Africa and sets new ambitions for investing in innovation and digital transformation.
* Appoints Diana Layfield…
Ecobank Group, the leading pan-African banking group, has signed an agreement for a €100 million long-term credit facility over 9 years with the European Investment Bank (EIB). The facility affirms joint Ecobank Group and EIB targeted supp…
Telecommunication giant, Vodafone Ghana is set to reward customers with an exciting cash prize, data and talk time worth GHC 2 million in the Vodafone Promo.
The Vodafone ??k?so promo is a coin-based consumer loyalty promo which is se…
While many Ghanaians are still calling for a complete reversal of the proposed 1.75% tax on electronic transactions, as announced in the 2022 budget, others are calling for a reduction or readjustment in the rate to lessen the burden on Gh…
The Ghana Union of Traders Associations (GUTA) is warning of intense protests if the government goes ahead with plans to reverse the benchmark value reduction policy.
Over a week after the Finance Minister proposed the reversal of the b…
Data on the economic feasibility of a new seaport at Keta in the Volta Region suggests a positive outlook for cargo handling.
According to the Ghana Ports and Harbours Authority (GHPA), the data also pointed to the port stimulating nati…
African governments have been urged to invest more on climate change to protect the continent of the effects of the menace.
The Investment Director of Injaro Investments, Mirabelle Moreaux, who made the call, stressed the need for Hea…
A 120 kilowatts (KW) capacity gas production plant and a seven tonnage-per-day mechanised gari processing factory completed in 2017, have been abandoned at Asueyi near Techiman in the Bono East Region.
Mr Ernest AdakwaYiadom, the Tec…
Eastern Region has been ranked first among all 16 regions as the most conducive environment for entrepreneurs to thrive, the Regional Entrepreneurship Freedom Index Report has revealed.
The rankings was done based on 10 indicators for e…
The Chamber of Petroleum Consumers (COPEC) is proposing that the Bank of Ghana (BoG) should give concessionary dollar rates to fuel importers in Ghana.
COPEC believes this will go a long way to mitigate the constant hike in the price of…
Kwaku Agyemang-Duah, CEO of the Association of Oil Marketing Companies, says oil marketing companies are making a lot of sacrifices to keep the price of fuel in Ghana below GH¢7 per litre.
According to him, with dealers barely compromis…
Fuel prices are likely to hit GH¢7.0 per litre or more by the end of the year, the Institute for Energy Security (IES) has projected.
Global demand for fuel is expected to increase in the winter and that could trigger a hike in prices…
Economic activity in the third quarter of the year shot up signalling a recovery in the economy, Governor of the Bank of Ghana, Dr Ernest Addison, has said.
Speaking after the 103rd meeting of the Monetary Policy of the BoG, Dr Addiso…
Renowned economist, Investment Banker and global business strategist, Dr. Sam Ankrah is set to deliver an address on Ghana’s economy on Tuesday, November 30, 2021.
The address by Dr Ankrah, who is also the president of t…
The myth or reality of financial security will be under discussion when Insurance Group, Hollard Ghana sits with returnee network, Ahaspora Young Professionals for an executive panel moderated by the Managing Director of Ho…
Minister for Information, Kojo Oppong Nkrumah, says the 2022 budget statement and economic policy responds to concerns about youth unemployment in the country.
According to him, the spate of youth unemployment worsened by the coronaviru…
The Ghana Employers Association (GEA) has asked Government to commit to ensuring fiscal consolidation through the implementation of policies and programmes contained in the 2022 budget.
The Association asked it to put mechanism…
Mr Kwaku Kwarteng, Chairman of the Finance committee of Parliamenthas appealed to Members to support government’s policies.
He urged them not to create the impression that the imposition of taxes was against the interest of the p…
The Bulk Oil Storage and Transportation Company Limited (BOST) is set to commence rehabilitation and expansion works on its petroleum transmission lines from Tema to Akosombo.
This follows the delivery of 5,400 pieces of 12-inch pipes f…
"The developments in energy storage will make a massive difference to the efforts to achieve net zero in carbon emissions over the next period," says Jo Dean, board member and spokesperson for the South African Energy Storage Association (…
President Samia Suluhu Hassan on Monday lured more investors into the hospitality sector, saying it has vast areas to tap in the country. The Head of State assured potential investors that the country was now a safe place despite the COVID…
The Minister of Finance, Mr Ken Ofori-Atta, has called on Ghanaians to accept the tax measures in the 2022 budget as a rallying call to contribute their quota to nation-building.
He said while Ghana's developmental needs were enormous, …
The Ghana National Chamber of Commerce and Industry (GNCCI) has called on the government to reconsider the decision to impose 1.75 per cent levy on mobile money and other electronic transactions in the country.
The chamber maintained th…
The Ghana Civil Aviation Authority (GCAA) has initiated a process to start licensing air traffic safety electronic personnel (ATSEP) locally to enhance safety of flights and bring the country closer to its dream of becoming an aviation hub…
The Peasant Farmers Association of Ghana (PFAG) has called on the government to integrate climate education programmes such as tree planting in school curriculum from an early age to create awareness of climate change.
The associat…
How to pay off your debts before retirement
Some people go into retirement with huge debts and it becomes obvious that the higher the debts you pay in retirement the lesser the funds available to spend on other needs. Key debts people t…
The image of the ancient relic - built in 1894 – delightfully having its day in the sun in an environment of modernity, is unforgettable. This is the Cathedral Church of the Most Holy Trinity situated in the heart of Ghana’s High Street in…
Uber is making its first foray into the marijuana market, as Uber Eats users in Ontario, Canada will soon be able to order cannabis products on the app.
Customers will be able to place orders in a dedicated section of the ap…
Ghana recorded about GH¢200 million dip in sales, representing 61 percent from May to September 2020 as a result of COVID-19, a joint study conducted by the UNDP, World Bank and Ghana Statistical Service and a business tracker study has re…
Vice President Dr. Mahamudu Bawumia has tasked the banking community to be proactive in developing specific digital products for different types of customers with the introduction of the e-cedi.
Speaking at the 25th National Banking Con…
Ghana Fintech Association is to be formed to regulate the activities of fintech companies the country, the President of the Africa Fintech Network (AFN), Dr Segun Aina, has said.
He said although there were more than 70 fintech compa…
The Supreme Court has dismissed Eni and Vitol’s application for special leave to appeal the Court of Appeal’s affirmation of the High Court’s ruling to deposit 30 per cent of the revenue from the sale of crude oil from the Sankofa field in…
The Chamber of Telecommunications is urging the government to exclude merchant payments, also known as Momo Pay, from the proposed 1.75% tax on all electronic financial transactions.
The chamber is of the view that this…
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