Stock Market Highlights
•The benchmark index declined for the second straight week, down 1.28% due to losses in six counters in the banking, insurance and petroleum marketing sectors to close at a -15.51% year-to-date return w…
Many people look at multi-millionaires and desperately want to know: What's their secret? How did they get there? What does it take?
Those are the things I wanted to know back in 2004, when I began my "Rich Habits" study, in which I spe…
Nigeria’s decision to close its borders to neighbouring Benin may be a bigger problem than envisaged.
This is because other countries including Ghana are feeling the bite of the action, albeit remotely.
The development becomes more…
The Brakwa Breman Rural Bank (BBRB) Limited has elected an eight-member executive to spearhead the bank's administration of its six branches across the Central Region.
The BBRB envisages being the first choice rural bank with efficient …
Ghana National Petroleum Corporation (GNPC) says it is committed to playing its role in the development of local content within the domestic and regional upstream petroleum space.
Dr Kofi Koduah Sarpong, Chief Executive Officer (CEO) of…
Ghana National Petroleum Corporation (GNPC) says it is committed to playing its role in the development of local content within the domestic and regional upstream petroleum space.
Dr Kofi Koduah Sarpong, Chief Executive Officer (CEO) of…
For America’s working poor, an often essential ingredient for getting and keeping a job – having a car – has rarely been more costly, and millions of people are finding it impossible to keep up with payments despite prolonged economic grow…
Branding out through e-commerce
As a small business owner, you may find yourself looking for exciting, creative opportunities to sell things. Branching out can help you build a new customer base and increase revenue. One way to …
Ghana can do more in the world space if it strategically takes advantage of the world demand for goods and services Mr Albert Kasim Diwura, Deputy Chief Executive Officer, Ghana Export Promotion Authority (GEPA) has said
He said conside…
Domestic Services Workers Union of the Trade Union Congress (TUC) has appealed to government to ratify the International Labour Organisation Conventions (ILO) 189 and 190 on decent work in order to eliminate violence and harassment.
The…
Domestic Services Workers Union of the Trade Union Congress (TUC) has appealed to government to ratify the International Labour Organisation Conventions (ILO) 189 and 190 on decent work in order to eliminate violence and harassment.
The…
The project will address basic needs of the communities and tackle gender disparities while ensuring economic empowerment of the communities
The African Development Bank Group (AfDB.org) on 9 October, 2019 approved an African Developmen…
Apple's stock price hit a one-year high on Thursday, jumping as much as 1.5%, as investors continue to be optimistic about demand for the new iPhone 11 models.
Several Wall Street analysts have issued price upgrades or reiterated b…
The Chief Executive Officer (CEO) of the Afro-Arab Group, Alhaji Salamu Amadu won the award for the Banking and Finance category of the 2019 40 Under 40 Awards.
He owns the Afro-Arab Microfinance Company Limited, a Tier-2 microfinance…
Absa Group Limited is Barclays Ghana’s parent company and is listed on the Johannesburg Stock Exchange in South Africa.
It is one of Africa’s largest diversified financial services groups, offering an integrated set of products and se…
The University of Education, Winneba (UEW) Cooperative Credit Union increased its net surplus to GHc1,350,525.59 in 2019 from GHc 905,888.76 in 2018, representing 49 per cent growth.
The current minimum required shares also grew by 57 p…
US President Donald Trump sounded an optimistic note at the end of the first day of US-China trade talks in Washington DC.
"We had a very, very good negotiation with China," Mr Trump told reporters after the talks wrapped up.
Mr Trum…
Ghana is among the fastest-growing economies in the world, a World Bank report has stated. The other countries are Ethiopia, Rwanda and Cote d’Ivoire.
The four countries, which are currently experiencing seven per cent economic growth…
Market Summary
The GSE Composite Index tumbled by 14.98 points (-0.68%) to close at 2,173.98 with a -15.48% year-to-date return while market capitalization slid 0.57% to settle at GH¢ 55.77 billion.
The GSE Financial Index closed 17.…
President Nana Addo Dankwa Akufo-Addo yesterday inaugurated two warehouses in the Ejura-Sekyedumase Municipality as he toured the Ashanti Region.
He said the two warehouses were sited in Ejura-Sekyedumase alone instead of the single p…
Under the second day’s theme of “Energy in Powering Growth”, panel discussions and talk sessions unpacked the challenges and opportunities in Africa’s power sector
Minister of Mineral Resources and Energy of South Africa, Gwede Mantashe…
Canon Europe Middle East and Africa (EMEA) President & CEO visit to Nigeria reaffirms the Group's desire to continue its development in West Africa
Nigeria, identified as one of the largest African economies, particularly in the film in…
First WATT Renewables winners of Renewable Energy Forum 2019 co-organized by the African Development Bank
The company, based in Canada, is a private sector clean-energy technology producer and supplier of sustainable energy solutions
…
Russia–Africa Economic Forum to Feature Major Business Matching Platform A major platform for meetings between representatives of Russian and African business will function on the sidelines of the Russia–Africa Economic Forum on 23–24 Octo…
Vodafone Ghana has launched October as a "Care Month" with a host of activities to engage its customer base and lead by example in highlighting the importance of the customer to its business.
According to a statement from Vodafone to th…
China and the US are set to resume trade talks in Washington on Thursday against a backdrop of heightened diplomatic tension.
This week the US government blacklisted 28 Chinese entities it said were "implicated" in human rights abuses.
…
New tax plans aimed at making global firms pay more tax have been published by an international economic body.
The proposals would give governments more power to tax big technology firms such as Apple, Facebook and Google.
The Organi…
The Ghana Export Promotion Authority (GEPA) in collaboration with the Youth Employment Authority (YEA) has launched the Youth in Export Programme (YiEP) at Koforidua in the Eastern Region.
The YiEP, dubbed: "Youth in Export for a Ghana …
Ghana has called on West African countries to fully operationalise the ECOWAS Protocol of Transhumance, which is geared towards developing a more efficient pastoral industry to increase livestock productivity.
Dr Gyiele Nurah, a Ministe…
Government has been urged to provide tax incentives to individuals and institutions to enhance commitment towards building sustainable and eco-friendly infrastructure.
Mr William Evans Halm, the Chief Executive Officer of Spektra Global…
Nii Odartey Lamptey, the Head of Card and Payment Solution, Stanbic Bank, has said the Bank has outlined strategies to educate the public on usage of credit card to rub out the misperceptions about it.
He said people misconceived that u…
Two communities in the Lawra Municipality have been connected to the national grid and subsequently received sensitisation on safe wiring system for successful connection of power to their homes and business centres.
The Lawra Municipal…
The Environmental Protection Agency (EPA), as part of its customer service week, has engaged auto sprayers in Tema to sensitize them on the need to acquire an environmental permit to ply their trade.
The Environmental Assessment Regulat…
Mr Albert Kasim Diwura , Deputy Chief Executive Officer, Ghana Export Promotion Authority (GEPA) has said that Ghana could do more in the world space if it strategically takes advantage of the world demand for goods and services.
He sai…
The Bank of Ghana is seeking to auction a total of $125,000,000 for the fourth quarter of 2019; spanning October to December.
The exercise is expected to be carried out in five tranches covering the three months.
For each tranche, …
Performance was mixed across sector indices. Ecobank Ghana moderated by 0.25% to inch the GSE Financial Index down by 1.17 points (-0.06%) to close at 1,862.93 with a -13.50% year-to-date return. Fan Milk (0.67%), the sole gainer at the se…
Barclays Bank Ghana has indicated that its transitioning to Absa will provide enormous opportunities for the Ghanaian youth to develop their skills and improve their employability prospects.
Engaging over 600 tertiary students on its Re…
Western Union, a leader in cross-border, cross-currency money movement and payments, has collaborated with AirtelTigo Money (ATM) to enable Ghanaians to receive international money transfers through Western Union directly into AirtelTigo M…
The panelists agreed that it is important to look at African countries individually and study their geological terms in comparison to their fiscal terms
Casting a spotlight on exploration and production in Africa’s oil and gas sector, t…
The US contribution will allow WFP to increase access to fresh fish produced in the world’s first fish farm in a refugee camp
The United Nations World Food Programme (WFP) welcomes a contribution of US$560,000 from the US State Depa…
“Praye, se woyi baako a na ebu: wokabomu a emmu” – When you remove one broomstick it breaks but when you put them together they do not. This often repeated Akan proverb is relevant today because there’s no time like now to take stock, and …
Initiatives to empower poor people, girls and women are essential to progress
Growth in Sub-Saharan Africa remained slow through 2019, hampered by persistent uncertainty in the global economy and the slow pace of domestic reforms, accor…
The UK's economy is expected to avoid a recession after showing better-than-expected growth in the three months to the end of August.
The Office for National Statistics said the economy would now have to shrink sharply in September for …
The Attorney-General has charged a former Chief Executive Officer (CEO) of the defunct Capital Bank, William Ato Essien, for his alleged role in the collapse of the bank.
In its first criminal action to hit a top executive of one of…
John Vincent took over as CEO of the fast-food chain Leon five years ago. He saw himself as a general, leading his staff into battle. All that did was to increase his stress levels and those of everyone around him. Then he discovered the m…
Springfield Exploration and Production Limited (SEP), an Independent Ghanaian energy company drilling in Deepwater offshore Ghana, on Monday October 7th spudded its Afina-1x well in the West Cape Three Points Block 2.
This is the first …
Mr Yakubu Osman, the 2017 National Best Cocoa farmer, has expressed gratitude to the government for increasing the producer price of Cocoa from GHS 475.00 to GHS 515.00 per bag.
He also commended the COCOBOD for introducing a good num…
The Ministry of Inner-City and Zongo Development, in collaboration with the Business Development Ministry, is to launch a Zongo Business Promotion programme to create jobs for the Zongo communities.
Dr Mustapha Hamid, the Inner-City and…
The President Nana Addo Dankwa Akufo Addo has directed the Minister of Finance and Economic Planning, Mr. Ken Ofori-Atta to release GHC2.2 billion to pay road contractors working on various roads in the country.
Mr Kwasi Amoako-Atta, th…
The Tema West Municipal Assembly (TWMA) is wooing investors to join it construct a befitting ultra-modern market for residents of Tema Community Five and its environs.
The current Community Five market which is a pale shadow of itself,…