New app features allow money transfer recipients to request and receive money from abroad, store multiple currencies, and pay out their funds at any time to a local bank account, mobile money wallet or cash pickup location
The…
It is a hugely ambitious - some might say megalomaniacal - project to create a new global currency. Facebook's David Marcus tells me it is about giving billions of people more freedom with money and "righting the many wrongs of the present…
A Committee of the Economic Community of West African States (ECOWAS) is considering the adoption of standardised measurement and calibration guides towards the effective implementation of West African Quality System Programme (WAQSP) for …
The Ghana National Chamber of Commerce and Industry (GNCCI) have inaugurated new Upper West Regional Council and Executive Committee members to strengthen the chamber's involvement in private sector development.
The Executive Committee …
The Deputy Minister of Energy in charge of Petroleum, Dr Mohammed Amin Adam, has said government will reposition the mining and energy sectors to deepen its contribution to economic growth.
He stated that with the country’s track reco…
The Commission of Economic Community of West African States (ECOWAS) has developed measures to intensify effort towards combating piracy and other maritime criminality with the support of development partners.
A statement from the Commi…
Air Malta managed to turn its business around after two decades of losses and soar with the big boys and girls in the airline industry. But how?
Air Malta is a tiny operator with 10 aircraft that had experienced two decades of annual lo…
Panasonic Signs Joint Business Development Agreement with Startup Linkwiz to Enhance Welding Processes in Manufacturing
Accelerating “Gemba Process Innovation” via collaboration with partner company
On June 17, 2019, Panasonic Corpor…
Ecobank was also nominated for African Bank of the Year in the Awards
Ecobank (Ecobank.com) has been named Best Retail Bank in Africa 2019 at the prestigious African Banker Awards. The judges were especially impressed by how Eco…
Top performing Sales Personnel were treated to a one week all-expense paid trip to Dubai for their outstanding performance in 2018.
Four Territory Sales Managers (TSMs), four Dalex Paddies (DPs) and a staff from the Investment Team bene…
Financial stocks trended lower, dragging the GSE Composite Index down by 7.10 points (-0.30%) to close at 2,394.86 with a -6.90% year-to-date return while market capitalization declined by 0.12% to settle at GH¢58.73 billion.
The GSE …
This coveted recognition further re-enforces the brand’s deep understanding of a rapidly evolving market and its growing traction in South Africa
For an impressive ninth consecutive year, Protea Hotels by Marriott® (ProteaHotels.com) ha…
Baker Mckenzie releases cross-border IPO index h1 2019 – Africa
overall capital raising decreases due to dip in domestic listings; pipeline may boost region's performance through rest of the year.
Capital raised by African issuers de…
Survey* finds MCIPS professionals in Sub-Saharan Africa earn almost double compared to non-MCIPS with wages generally on the rise, up 15% from the previous year
Professional members of CIPS receive 47% more in salary than their non-qual…
Oil and gas production over the next 10 years would inject billions of dollars into the Senegalese economy and support more than 1 million jobs
The African Energy Chamber (EnergyChamber.org) rejects the accusations made by the recent BB…
The latest World Bank Human Capital Index (HCI) report has ranked Ghana as the last but one country on harmonised test scores of children from basic to secondary school education in the world.
The report stressed that although Ghana had…
Social media giant Facebook has unveiled plans to launch a new digital currency, called Libra, next year.
It said people would be able to make payments with the currency via its own apps, as well as on messaging service WhatsApp.
Fir…
Huawei founder Ren Zhengfei has said international sales of the Chinese telecoms giant's handsets have sunk 40% in the past month as a US-led backlash against the firm intensifies.
Speaking at the firm's headquarters, Mr Ren also said t…
Petty traders transacting business on the streets of Asankragwa will soon move to a new market near the Asankrangwa Senior High School in the Amenfi West Municipality
The Assembly started the construction of the market following complai…
Societe Generale Ghana has launched a promotion to encourage the public to cultivate the habit of savings.
Dubbed "Deposit and Win" the promotion, which is opened to new and existing customers, with savings or current accounts to make n…
Cocoa farmers in the country have been advised to adopt the best farming practices on their farms to improve yields and the wellbeing of farmers and their communities.
Best farm practices such as pruning, proper fertilizer and fungicide…
The Petroleum Commission (PC) has secured an arrangement with Baker Hughes/GE to train five Ghanaians to become internationally accredited and certified specialised welders to enable them serve in the oil and gas sector.
The one- year t…
The maiden Ghana-European Union Business Summit has ended in Accra with the European Union (EU) promising an external investment of 4.5 billion Euros of the EU Budget to Africa, to generate about 10 million jobs on the Continent.
Mr Jyr…
The Italian Ambassador to Ghana, Mr Giovanni Favilli, has said bilateral trade between Italy and Ghana yielded nearly €400 million last year.
He said that was because of the fruitful relationship between the two countries in their lon…
A World Bank report released over the weekend has tipped Ghana to be the fastest growing mobile money market in Africa.
According to the report, the mobile phone penetration created opportunities for expansion of financial services and …
CASSAVA SMARTECH AND COMVIVA WIN CHANGING LIVES
AWARD AT THE EAST AFRICA COM AWARDS
Cassava Smartech [1] and Comviva [2] have jointly won the East Africa Com Award in the “Changing Lives” category for Cassava’s EcoCash mobile money s…
Partnership signed between UADH and OLA Energy group to speed up the development in Africa of Eurorepar Car Service, PSA Group’s multibrand network
UADH and the PSA Group have today opened a new chapter in their partnership on the Afric…
The Dangote Group deploys Freshworks to unify information technology (IT) service management across its 19 subsidiaries
The Dangote Group deploys Freshworks to unify information technology (IT) service management across its 19 subsidiar…
The Summit’s theme, Africa’s Business Growth – Grounded in Collaboration, was reflected in the message shared by many of the speakers
The third annual Africa Shared Value Summit (www.AfricaSharedValueSummit.com) took place last week in …
P&G debuts bold partnerships with John Legend and Arianna Huffington’s Thrive Global, breakthrough creative work, and new technology-enabled consumer experiences at the 2019 Cannes Lions International Festival of Creativity
The Procter …
MTN Ghana Foundation recently announced the names and projects of the top 10 finalists for MTN Heroes of Change Season 5.
The final 10 nominees are Diana Adjei, Rev Fr. Akologo Dominic Alale Azumah, Justin Yelevielbayire, Mawusi Awity, …
The Treasurer of Stanbic Bank Ghana, Mr Alhassan Musah, has urged customers and businesses to be wary of financial institutions that promise “outrageous interests” on their deposits and investments.
He said the recent development in the…
Huawei founder Ren Zhengfei has said the Chinese telecoms giant will slash production by $30bn (£23.9bn) over the next two years as a US-led backlash against the firm intensifies.
Speaking at the firm's headquarters, Mr Ren said sales w…
Market Performance
Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Losers
Market Summary
The benchmark index moderated by 61.87 points (-2.51%) this week to close at 2,…
Local banks in the country are set to benefit from a €750 million guarantee from the European Commission under the NASIRA financial programme which uses guarantees to allow local banks to on-lend to underserved entrepreneurs within the Eur…
The Finance Minister, Mr Ken Ofori-Atta, has said the revenue target for the year is in arrears of about six per cent but efforts are underway to ensure recovery before the year ends.
He pointed to the recent re-engineering at the Ghana…
The Centre for Economics and Business Research reckons that more than half of the UK's millionaires will be females by 2025 and the Today Programme reports that the fund management industry - traditionally male dominated - is now looking a…
The prestigious trade and industry exhibition, Water Africa and West Africa Building and Construction would mark its 25th anniversary in Accra from June 26 to 28, 2019.
The event, which will be opened by MrsCecilia Dapaah, the Minister …
Mr Egbert Faibille Jnr, Chief Executive Officer of the Petroleum Commission, has led a section of the Ghanaian delegation to visit the Southern Alberta Institute of Technology (SAIT) to explore possible exchange programmes for Ghanaian stu…
Stanbic Ghana has expressed its continuous support to the mining sector to leverage on its skills in corporate finance, advisory, risk management and knowledge of the financial markets.
The bank was of the view that the support initiati…
The Eastern Regional Minister, Mr Eric Kwakye Darfour has charged stakeholders in agriculture in the region to come out with decisions that could influence policies to convert mine fields into agricultural lands.
He explained that, such…
A ban on adverts featuring "harmful gender stereotypes" or those which are likely to cause "serious or widespread offence" has come into force.
The ban covers scenarios such as a man with his feet up while a woman cleans, or a woman fai…
MTN Ghana, as part of its "Y'ello Care" Staff Volunteering programme, on Thursday trained young entrepreneurs on how to use digitisation and social networks to grow their businesses.
The training programme aimed at enlightening start-up…
Aggrieved customers of GN Savings at Tongor-Dzemeni in the South Dayi District of the Volta region have given two weeks ultimatum to management of the bank to pay them their investments or face court action.
The customers, most of whom …
The Prestea Huni-Valley Municipal Assembly has earmarked Tuesdays as the second market day to boost trading in Bogoso and its neighboring communities.
The Assembly has already adopted Saturdays as the first market day in the area.
Sp…
The Sekondi-Takoradi Metropolitan Assembly (STMA) in the Western Region, under the Planting for Export and Rural Development (PERD) Programme would establish an oil palm and coconut seedlings plantation to be supplied to interested farmers…
In 2018, the Bank earned $214 million in allocable income, 48% of which has been reinvested in the institution to reinforce reserves and its business growth capacity
The African Development Bank (www.AfDB.org) remains strong with growin…
Drone technology is being used to collect and analyse data, and monitor irrigated areas, combat pests
At a special event highlighting the partnership between the African Development Bank (www.AfDB.org) and Korea held on the sidelines of…
As a global trade war rages, Africa fears contagion from lower commodity prices, according to the Institute of Chartered Accountants in England and Wales (ICAEW) latest report, Economic Insight: Africa Q2 2019. The accountancy body provide…
Huawei will delay the launch of its much-touted foldable 5G Mate X smartphone by three months, the latest setback for the company that was slapped with U.S. sanctions last month.
The Mate X, a competitor to Samsung Electronics’ Galaxy F…