World Finance Magazine awards Temenos “Best Islamic Banking & Finance Technology Provider” for second consecutive year
Temenos’ market-leading software recognized by industry peers for its exceptional offering in Islamic banking
The …
The United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), in partnership with Global Affairs Canada and the Government of Cambodia, today launched a new project to support the growth of women entrepreneurs as a st…
The Ghana Export-Import Bank (GEXIM) and the Export-Import of the United States on Friday exchanged a cooperative framework agreement to finance the export of United States produced goods and services for Ghana's One District One Facto…
The TEN Partners Thursday said they shutdown the John Evans Attah Mills Floating Production and Storage Offloading (FPSO), which is Offshore Cape Three Points of the Western Region, on Monday, April 22, to enable outstanding works on the f…
A delegation from Korea Petroleum Quality and Distribution Authority (K-Petro), are in Ghana to explore partnership opportunities with the National Petroleum Authority (NPA).
The visit is to also ensure that the NPA taps into the expert…
Ferry firm P&O is taking legal action against the UK government, claiming a rival was unlawfully handed £33m of taxpayers' money.
Last month, the Department for Transport (DfT) was forced to settle with train operator Eurotunnel, which …
Ethiopian Airlines, the largest Aviation Group in Africa and SKYTRAX certified Four Star Global Airline, has finalized all preparations to launch a thrice weekly flight to Marseille, France from July 02, 2019.
Marseille is the second-la…
Amazon has promised to cut delivery times worldwide for customers of its Prime service.
Amazon Prime is a subscription service offering free delivery and access to Amazon's TV shows.
Members in the US currently receive free two-day d…
About 60,000 Ghanaians have gained employment with the introduction of Longrich International a conglomerate with a focus on the development, production, and provision of health products.
The employment is through the multiple level mar…
Policy think tank Imani Ghana, Thursday , urged the Government to renegotiate the Aker Energy Petroleum Agreement, saying the country is likely to lose billions of dollars should it go with the current agreement.
Mr Kofi Bentil, the Vic…
Engen Ghana Limited, on Thursday called for support for indigenous Oil Marketing Companies (OMCs) to survive and compete favourably with multi-nationals who are progressively taking dominion over the downstream petroleum sector.
Mr Henr…
U.S. economic growth accelerated in the first quarter, but the burst in growth was driven by a smaller trade deficit and the largest accumulation of unsold merchandise since 2015, temporary factors that are likely to reverse in the coming …
Debenhams has named 22 of the 50 stores it plans to close as part of a plan by new owners to revive the department store chain.
The retailer says the store closures will start next year and 1,200 staff will be affected by the first phas…
The Board and Management of Ghana Oil Company Limited (GOIL) will soon change their name to GOIL Company Limited.
The proposed change of name from Ghana Oil Company Limited to GOIL Company Limited would be among other issues to be table…
Mr Mark-Donald Pwawari, Manager for Small Taxpayer office in Bolgatanga has commended State-Owned Agencies and Departments, individuals and organisations for participating in the Ghana Revenue Authority (GRA) taxpayer returns clinics.
H…
Farmers in the Builsa District have praised the Warehouse Receipt System (WRS) and the Ghana Commodity Exchange (GCX) as one of the best agricultural commodity marketing method to relieve hard working farmers of the drudgery and post-harve…
GreenPark Properties recently hosted a reception to launch its newest project, Preston Place, a community of affordable bespoke housing units.
Greenpark Properties hosts a groundbreaking reception to launch Preston place, affordable be…
The African Development Bank on Wednesday April 24, 2019 signed a US$50 million risk participation agreement (APR) with investment and corporate bank Natixis.
The 50/50 risk-sharing agreement covers a portfolio of commercial transaction…
Uber has revealed that it is seeking a valuation of $90bn (£70bn) in its much anticipated stock market flotation.
The taxi-app firm has said that its shares will be priced at between $44 and $50 each, with the share issue set to raise a…
RBS has reported a drop in profits for the first three months of the year and warned of the continuing impact of Brexit uncertainty on near-term growth.
The bank, which is 62% government-owned, reported £707m profit, down from £808m for…
Dr John Ofori-Tenkorang, the Director-General of the Social Security and National Insurance Trust (SSNIT), on Wednesday said low pension payment is the reflection of members contribution to the Trust during active service.
He said 25 pe…
Scandinavian airline SAS has cancelled hundreds of flights globally leaving thousands of passengers stranded after pilots in Norway, Sweden and Denmark went on strike.
SAS said 673 flights would be cancelled on Friday affecting 72,000 p…
China's President Xi Jinping has sought to ease concerns about its Belt and Road project at a summit in Beijing.
Speaking at the forum, Mr Xi vowed to ensure transparency and the "fiscal sustainability" of all projects.
The initiativ…
MTN Ghana Limited on Thursday launched its "Smart Feature Device" in Accra to offer low income earners the opportunity to access affordable mobile phone with internet services and social media applications.
The Device has features such …
The New Juaben Municipal Office of the Business Advisory Centre is training 300 youth in various skills to enable them to start their own businesses.
The six-months training started in December, last year, and will end in May, this year…
Nana Appiagyei Dankawoso I, the President of the Ghana National Chamber of Commerce and Industries (GNCCI), has pledged the Chamber's preparedness to help Unilever Ghana Limited and steel manufacturing company; B5 Plus Limited, to address…
Leading P&G Brands Including Pampers, Ariel and Herbal Essences Expand Leadership in Responsible Consumption
The Procter & Gamble Company (NYSE:PG) today detailed the roadmap and actions its leadership brands are taking to increase posi…
Samsung Electronics West Africa, subsidiary of the global technology giant Samsung Electronics has officially unveiled Ghanaian dancehall and reggae superstar Stonebwoy as its new brand ambassador at launching of the all new Galaxy A Serie…
Group identifies opportunities to innovate in new and existing markets as it consolidates its presence across the continent
Accor (www.AccorHotels.com), a world-leading augmented hospitality group, is fast-tracking its development plans…
At the end of March 2019, the Bank’s active portfolio in Nigeria comprises 60 operations with total commitments of US$4.5 billion
At a meeting with the African Development Bank (www.AfDB.org) President in Abuja, Nigeria’s President Muha…
Two workers suffered burns in an early hours explosion at Tata's biggest steelworks plant in the UK.
Residents living near the Port Talbot plant spoke of hearing a "massive" blast shortly after 03:30 BST.
Images posted on social medi…
The Chief Executive Officer of Tullow Oil PLC, Paul McDade has disclosed that the board of the company will today ask shareholders to approve the Group’s first dividend payment since 2014.
In a statement issued in advance of the Group’s…
Acting US Defence Secretary Patrick Shanahan has been cleared of allegations that he showed favouritism towards Boeing, his ex-employer.
The defence department's inspector general had been investigating him over a complaint filed in Mar…
A project that seeks to facilitate business partnerships between Dutch entrepreneurs and Ghanaian and Ethiopian diasporans residing in the Netherlands for the development of the private sector in the two African countries has been launched…
Who: The African Development Bank
What: Investment Forum on Special Agro-Industrial Processing Zones
Date: Tuesday, 30 April 2019
Venue: African Development Bank, Central…
Former Nissan boss Carlos Ghosn has left his Tokyo jail, with conditions attached.
Earlier, a court set bail at 500 million yen ($4.5m; £3.5m), paving the way for this latest release.
Mr Ghosn faces four charges in Japan over allegat…
The benchmark index edged lower due to downward price movement in two financial stocks. The GSE-CI shed 10.77 points (-0.45%) to close at 2,384.59 with a -7.29% year-to-date return while market capitalization declined by 0.86% to settle …
Microsoft has seen its stock market value top $1 trillion (£774bn) after reporting better-than-expected sales and profits.
The US software giant passed the mark briefly on Thursday, before its share price fell back.
It makes it one o…
Newmont Goldcorp Corporation (NYSE: NEM, TSX: NGT) (Newmont Goldcorp or the Company) today announced the successful conclusion of its transaction combining Newmont Mining Corporation and Goldcorp Inc. to form the world’s leading gold busin…
Aptorum Group Establishes Smart Pharma to Focus on Computational Repurposed Drug Discovery for Orphan and Unmet Diseases
Aptorum Group Limited (Nasdaq: APM) today announced the establishment of a new subsidiary group, Smart Pharma (“Sma…
Eastern Libya commander Khalifa Haftar has thrown much of his military forces into attacking Tripoli, but the outcome of the offensive could be determined by a separate battle — to keep open the parallel finance system that funds his soldi…
Canada’s Bombardier Inc cut its full-year profit and revenue forecast on Thursday, as delays in some large projects hit its dominant transportation unit that makes rail cars.
The plane-and-train maker is nearing the end of a five-year t…
World leaders are gathering in Beijing from Thursday for a summit on China's Belt and Road initiative amid growing criticism of the project.
The sweeping infrastructure project aims to expand global trade links.
The initiative has fu…
African Development Bank boosts cyclone response with emergency relief package and measures to combat climate change
The Bank’s Climate Fund will also release $150,000.00 to Malawi to enable authorities to assist communities and interna…
Mr Dennis Armah-Frempong, District Chief Executive (DCE) for Agona East has cautioned market women and private business operators in the district to refrain from conniving with revenue collectors to dupe the Assembly.
He said some cor…
E-commerce is booming and is fast becoming the preferred means for most shoppers across the globe due to the convenience it offers and the unlimited access it provides to millions of products for shoppers. But with this boom has come a som…
Professor Peter Quartey, the Head of Economic Division at the Institute for Statistical, Social and Economic Research on Tuesday called on the Bank of Ghana to regulate the Foreign Currency Black-market Transactions.
He said the measure…
The Security and Exchange Commission (SEC) says it will pursue the interest of licensed asset management firms with legally proven locked up funds in some microfinance and savings and loans firms, which have run into financial difficulty.
…
The Chief Executive of the National Petroleum Authority, NPA, Mr Hassan Tampuli, has said his outfit would seek for the amendment of the ACT establishing the Authority to enable it to apply tougher sanctions on those caught in petroleum th…
The benchmark index was bullish today, recording upward price movement in three counters in the consumer goods, banking and petroleum marketing sectors. The 3.40 points (+0.14%) gain translates to a week high of 2,395.37 with a -6.88% ye…