The Finance Minister, Ken Ofori-Atta has acknowledged the Ghana Community Network Services Limited (GCNet) as integral to the development of the country's trade facilitation and revenue mobilisation agenda.
He said the technology interv…
The Management of AirtelTigo on Wednesday unveiled a Fuse Bundle, to enable exiting and new prepaid customers to call all networks and browse the internet at affordable price points with no expiry date.
The FUSE Bundle has been designed…
Dr Ibrahim Mohammed Awal, Minister for Business Development, has said private sector remains the engine of growth which could move the country to its desired level.
In this regard, he said it is the goal of government to train and mento…
US President Donald Trump's trade war with China is backfiring and impacting the US economy, according to his former chief economic adviser.
The tariff battle has had a "dramatic impact" on US manufacturing and capital investment, Gary …
Parliament has approved the GH¢6.3 billion requested by the Finance Minister, Mr Ken Ofori-Atta, as extra expenditure for the 2019 financial year.
In spite of the minority’s opposition to the budget statement, the house through a majori…
The Agricultural Development Bank (ADB) has granted a loan of GH¢50 million to the National Food Buffer Stock Company (NAFCO) to procure foodstuffs from farmers under the Planting for Food and Jobs (PFJ) initiative for supply to public sen…
The Chief Executive Officer of the Springfield Group, Mr Kevin Okyere, has called on successful African business leaders to share their stories on how they managed to overcome challenges in the African terrain in order to inspire the youth…
Vivo Energy Ghana Limited has rewarded deserving transport companies and drivers who successfully transported its products across the country without any accident.
At its Transporters Awards ceremony in Accra on July 28, the oil marketi…
Apple posted a small gain in sales for the third quarter of the year.
While iPhone sales dipped, the company made up the difference in higher revenues in services such as its software store and music service.
Sales rose 1% to $53.8bn…
Samsung Electronics saw profits plunge in the second quarter as its key chip business faltered, and the firm also warned of "challenges" ahead.
The world's biggest smartphone and memory chip maker said operating profit fell 56% from a y…
More details are emerging of the trade talks between China and the US, which took place earlier today in China.
China's commerce ministry said negotiators discussed the purchase of US agricultural goods during trade talks this week and …
British Airways has lost an appeal aimed at halting planned strike action by its pilots.
The British Airline Pilots' Association (Balpa) voted in favour of industrial action on 22 July, after three days of negotiations failed to resolve…
Some industry players have raised concerns over the upward adjustment in some taxes in the mid-year budget review, stressing that the increment will impact negatively on the cost of living.
The industry players are the Ghana Telecommu…
The use of Instant Pay for funds transfers or payments continue to record impressive growth, latest figures from the Ghana Interbank Payment and Settlement Systems (GhIPSS) have shown.
According to the GhIPSS 2019 Half Year Industry Per…
Mr. Kwaku Ofori Asiamah, the Minister of Transport has charged all Chief Executives and officials within the sector to be proactive in the execution of their duties as the Ministry works to position the sector to boost trade and economic g…
Some residents of Ho have praised government for the removal of the luxury vehicle tax.
They said the gesture meant government was listening to the cry of the masses and had withdrawn the tax, as announced at the mid-year review of the …
Mr Yofi Grant, the Chief Executive Officer, Ghana Investment Promotion Centre, on Tuesday advised young entrepreneurs to consider identifying their target market in developing business models to accelerate growth.
He said business growt…
Barclays Bank Ghana has announced it has lined up plans to become the country’s number one lead financial enabler for business activities of small medium enterprises in Ghana when it transitions fully to Absa by 2020.
According to offic…
Leading insurance company, Enterprise Insurance, a subsidiary of the Enterprise Group has won three awards at the just ended Ghana Insurance Awards. The company was awarded General Insurance Company of the Year, Commercial Line Insurer and…
There was a sharp increase in the value of total mergers and acquisitions (M&A) deals in Africa in the first half of 2019 (H1 2019). The total deal value of M&A transactions in Africa increased by 32% in the first half of 2019. Deal value …
Africa is open for business and the opportunities are huge - states ICE Africa Ambassador, John Kamara
'An event that will kick-start the growth of gaming on the continent in an organised format' is how John Kamara is previewing the fir…
The Nigerian consumer landscape is set for a multitude of shifts. By 2025, 55% of Nigerians will live in cities or towns as a result of 50% growth in population in urban areas, which represents the fastest urban growth rate globally, ahead…
Enterprise Group has picked six awards at the Ghana Insurance Awards in Accra. Two of the company's five subsidiaries, Enterprise Life and Enterprise Insurance picked two and three awards respectively.
Enterprise Life, a member of the E…
Enterprise Life, a member of the Enterprise Group has won three awards at the Ghana Insurance Awards in Accra. The company was awarded in the categories of LIFE INSURANCE COMPANY OF THE YEAR and ICT LEADERSHIP.
The Managing Director of …
The US central bank, the Federal Reserve, is expected on Wednesday to cut rates for the first time since 2008.
Traders expect a 0.25 percentage point cut, taking the federal funds target range to 2-2.25%.
Supporters say it will spur …
One hundred and thirty brilliant, needy schoolchildren in 40 public and basic schools in the country have been granted scholarship totalling GH¢129,382 by Sinapi Aba, a non-banking financial institution.
The one-year scholarship, whic…
Kosmos Energy has announced the names of 16 business teams which have successfully advanced on to the second stage of the Kosmos Innovation Center (KIC) 2019 AgriTech Challenge.
The 16 businesses were selected from an initial 21 busines…
The Governor of Bank of Ghana (BoG), Dr Ernest Addison, has commended the management of the Consolidated Bank Ghana (CBG) for delivering quality and strong banking services to its customers.
At the initial stage, he explained that the…
British Gas owner Centrica's chief executive Iain Conn is to step down from his post and retire from the company's board next year.
He told the Today programme it was "a natural time for me to hand over".
Centrica reported a pre-tax …
Top trade negotiators from the US and China are meeting for the first time in almost three months on Tuesday to try and do a deal, but expectations are low.
Still, while there's been an apparent lull since the two sides last sat down an…
A large number of tanker drivers on Monday, threatened to stop lifting petroleum products from the Tema Oil Refinery (TOR) if management does not to fix its deplorable parking space.
The drivers, who park their gas and oil tankers at th…
Mr Samuel Koranteng, Corporate Services Executive of Scancom Plc (MTN Ghana) is doing well as a corporate business in terms of revenue, voice and seeing strong uptakes in data and digital services.
In an interview with the Ghana News Ag…
The Chief Executive Officer of Ghana Chamber of Telecommunication, Mr Kenneth Ashigbey has called for a collective effort from stakeholders to help curb the menace of fibre cuts and damage of communications infrastructure in the country.
…
The ARB APEX Bank Limited has assured Ghanaians that it will work together with the Bank of Ghana to identify and address bottlenecks in some of their member banks to ensure depositors' funds were protected.
Mr. Kojo Mattah, Managing Di…
Weekly Highlights
Yields on the GoG treasury securities witnessed mixed adjustment.
Accra Bourse failed to sustain previous week's gain, weighed by six laggards.
Ghana cedi advanced against all the three major trading currencies.…
MTN Ghana, the leading service provider in voice and data services has appointed Mr. Bernard Acquah as the Chief Information Officer of the company with the responsibility of managing all aspects of IT Strategy, Budgets, Applications, Netw…
Mr Ken Ofori-Atta, Minister of Finance, says due to deliberate government actions to improve the human resource base in the health sector, the nurse to patient's ratio has improved considerably.
He said a nurse currently takes care of a…
The government Livelihood Empowerment Against Poverty (LEAP) has so far benefited more than 330,438 households across the country, Mr Ken Ofori-Atta, the Minister of Finance has said.
The number of household beneficiaries is an increase…
The Western Regional Director of the Fisheries Commission, Mr Godfred Tsibu-Baidoo says the Commission and the Western regional Command of the Fisheries Enforcement Unit (FEU) were woefully equipped to clamp down illegalities on the coun…
The government has declared a state of emergency in the energy sector and indicated that drastic measures are to be taken to resuscitate the sector.
“We are in a state of emergency and must, therefore, respond with urgency and boldnes…
The government has withdrawn the Luxury Vehicle Tax which was introduced last year.
It has also started the National Housing and Mortgage Finance Initiative to provide quality housing for citizens, starting with public and civil serva…
The Graphic Business, in partnership with Stanbic Bank Ghana, will on August 6, 2019 hold another edition of its quarterly breakfast business meeting at the Labadi Beach Hotel in Accra.
The event, which will be the second edition for th…
The Minority in Parliament has said the mid-year budget review the Minister of Finance, Mr Ken Ofori-Atta, presented to Parliament is empty and hopeless and will worsen the plight of Ghanaians.
It said the increase in the Energy Secto…
The GUBA Foundation is embarking on a tour of churches within London to raise autism awareness. This monumental project will bring our charity onto the doorsteps of some of the most influential churches in our community, to partake in the …
Ryanair has reported a sharp fall in quarterly profits as it reduced fares to drive up passenger numbers.
Profits fell 21% to €243m (£219m) for the three months to the end of June, as the average ticket price fell 6%.
The airline was…
Prime Minister Boris Johnson has vowed to leave the EU "come what may" by the 31 October - the date the UK must depart if no deal has been reached.
How could you be affected if the UK does leave the EU without an agreement?
1. The co…
The Association of Ghana Industries (AGI) is calling for an excise tax waiver on bottled water in the midyear budget review as it would help make companies in the sector more competitive and productive.
The Association said the high exc…
The Youth Inclusive Entrepreneurial Development Initiative for Employment (YIEDIE), a project led by the Global Communities and partners, on Thursday supported 55 young entrepreneurs with funding and tooling to start their businesses.
T…
Mr Sulemanu Koney, the Chief Executive Officer (CEO) of the Ghana Chamber of Mines, has called on government to pass a Mineral Revenue Management Act as this would enhance activities within the sector.
More so, he said, passing the Act…
Rating agency, Fitch has affirmed AAA for the African Development Bank (AfDB), with a stable outlook on improved assessments, qualifications and estimates.
The affirmation was made in its release copied to the Ghana News Agency on Frida…