Ethiopian Airline, Africa's most profitable airline, is set to officially open to the public its newly constructed $65 million Ethiopian Skylight Five-Star Hotel today.
The airline was set to open the million-dollar hotel whose construc…
Invest in Africa (IIA), as part of its mechanism to recognize and celebrate businesses has honoured nine Small Medium and Enterprises (SMEs) at the second edition of its SME Excellence Awards in Accra.
The SME Excellence Awards is a pla…
Recognised as one of the finest Mediterranean seafood restaurants in the world, estiatorio Milos will bring the perfect simplicity of Greek cuisine to Dubai
Recognised as one of the finest Mediterranean seafood restaurants in the world,…
Apple boss Tim Cook has hinted it could lower iPhone prices in some places in an attempt to boost falling sales.
Revenue from the iPhone, responsible for most of the firm's profits, fell 15% in its latest financial quarter.
Overall t…
A consultant in restructuring and insolvency, Mr Felix E. Addo, has been appointed advisor to the National Investment Bank (NIB) to oversee the restructuring of the state-owned lender.
The Bank of Ghana (BoG) announced the appointment o…
The GSE-CI extended losses to the third consecutive session, declining by 0.19 points (-0.01%) on the back of downward price movement in an insurance stock to close at 2,496.71 with a -2.94% year-to-date return while market capitalizatio…
Implications for the Ghanaian Economy (Part 2)
There is no debating the significant contributions local banks make to the economy of Ghana. These can be in the form of employment and tax revenue to the state. Additionally, some local b…
A total of GH¢2 billion was raised on the Ghana Stock Exchange (GSE) in 2018. This is as against the 2017 financial year when no capital was raised on the local bourse.
The amount was raised through the listing of two new companies whic…
“Continued economic growth in many African countries is driving greater interest in the continent from a tourism perspective but it’s interesting to see that Ghana, in particular, is proving increasingly attractive as a leisure tourism des…
For most of the world, online credit card payments are literally a foreign concept; MallforAfrica offers a local-born solution
As U.S. and U.K. companies expand into new markets around the world, they are quickly finding that while t…
Global seed companies are addressing climate change and nutrition needs but reach only 10% of the world's small farmers
Access to Seeds Index shows seed industry making slow progress in key regions, including Africa
Thailand's East…
In Tanzania, with an estimated 42 million people using cell phones and hand phones – 23 million of which are smartphone users – the telecom sector should realistically form the backbone of a dynamic and inclusive digital economy. However, …
Budding managers can learn how to successfully lead supply chains of the future by creating cultures of innovation and adopting latest technologies, in all sectors of their organisation. This is one of many areas covered in the University …
Yokogawa Electric Corporation (TOKYO:6841) announces that it has been included in the 2019 Global 100 Most Sustainable Corporations in the World Index (Global 100). This is Yokogawa’s first time on the Global 100, one of the world's leadin…
FLIR Systems Awarded $39.6 Million Contract for Black Hornet Personal Reconnaissance Systems for U.S. Army Soldier Borne Sensor Program
FLIR Systems, Inc. (NASDAQ: FLIR) has been awarded a $39.6 Million order to deliver FLIR Black Horn…
The President of the Ghana Hotels Association (GHA), Dr Edward Ackah-Nyamike Jnr, has urged the government to make security and basic infrastructure such as good road networks, a priority in a bid to attract more tourists into the country,…
The Bank of Ghana has released new corporate governance directive for Banks and Specialised Deposit-Taking Institutions regulated under the Banks and Specialised Deposit-Taking Institutions Act 2016, (Act 930).
Stakeholders in the banki…
Banking is the lifeblood of an economy. A struggling, unsound and inefficient banking sector contributes to an unhealthy economy where expectations of businesses and households are not met.
Long period of recovery is associated with m…
Mr Solomon Okyere, Chief Executive Officer (CEO) of Carlsberry Empire, independent distributors of Longrich products, has called on the youth to take charge of their own destiny and explore more business opportunities.
He urged the yout…
The Danida Alumni Network (DAN) Ghana has held a workshop for coconut sellers and coconut residue processing firms in Accra.
DAN Ghana is aimed at using the Network to actively contribute to capacity development in a broader sense with …
The Forbes, a global media company focused on business, technology, leadership and entrepreneurship, has launched its new digital channel christened; “Forbes8” for entrepreneurs to take advantage of the platform and improve their businesse…
More than 70 young people from Sissila West District would benefit from a training scheme on the techniques of making local soap, which is on high demand in neighbouring Burkina Faso.
Reports from the local communities in the district s…
French multinational automobile manufacturer, Renault, Monday said it is considering the establishment of an assembly plant in Ghana.
This brings to four, the number of vehicle manufacturers intending to put up assembly plants in Ghana.…
The Hi limit Group, developers of government’s one village one dam programme has signed a purchase agreement to revive the defunct Komenda sugar factory
Under the agreement, The Hi Limit Group will produce 375,000 metric tonnes of sugar…
Market Performance
Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Loser
Stocks closed 44.44 points (-1.74%) lower, due to losses in ten counters in the banking, petroleum marke…
The Institute of Financial and Economic Journalists (IFEJ) has lauded GCB Bank for consistent support of the media especially financial journalism in Ghana.
It said the continuous financial and technical support extended to financial re…
Norwegian Air wants to raise 3bn Norwegian kroner (£268m) through a rights issue to improve its finances.
The news comes as the company announced that its preliminary earnings for 2018 showed an operating loss of roughly 3.8bn kroner.
…
Players in the country's insurance sector are to brace for an impending recapitalisation exercise that will see their stated capitals jumpby more than 233 percent, a move that is also expected to lead to massive in a sector that currently …
Financial analyst and Member of Parliament for Bolgatanga Central, Mr Isaac Adongo, has accused the government of using the recently rebased gross domestic product (GDP) data as motivation to borrow without regard to how the accumulated de…
The Ghana Revenue Authority (GRA) has observed this year's International Customs Day organised by the World Customs Organisation on the theme "Smart Borders For Seamless Trade, Travel And Transport" at the Movenpick Ambassador Hotel in Acc…
Trump International Hotel Washington, D.C. Announced as One of the Top Four United States TripAdvisor’s Travelers’ Choice Award Winners
Only Forbes Five Star Hotel in Downtown Washington, D.C. now ranked #4 of Top Luxury Hotels in the U…
The benchmark index declined by 0.60% on the back of losses in two counters in the telecommunications and banking sectors to close at 2,496.91 with a -2.93% year-to-date return while market capitalization declined by 0.25% to settle at G…
Declaration Unites CEOs Committed to Responsible Leadership in the Digital Era
The GSMA today launched the ‘Digital Declaration’ at the World Economic Forum in Davos. The declaration captures key principles that serve as a guide to acti…
With the need to address entrenched inequalities firmly on the ‘Globalization 4.0’ agenda, investment migration advisory firm Henley & Partners launched the concept of ‘sovereign equity’ in Davos this week.
Sovereign equity is a means f…
Are you starting a new business? Are you struggling to make a profit? Then it might be time to look into a creating an operating budget. An operating budget is important as it helps to road map how your business is doing. Some important as…
Company Launches First Annual Goodwill Champions to Commend Leaders in Youth Development, Women Empowerment, and Society-at-Large
HCL Technologies, a global technology company, today announced its Goodwill Champions Awards Night to hono…
Elysee’s success indicates strong strength of Dubai real estate market
Conveniently located in District thirteen of Jumeirah Village Circle (JVC), Pantheon Development launched its second project named “Pantheon Elysée” valued at AED200…
Do you know who your target customers are? Then it is time to turn visitors to customers with some easy to implement lead generation tactics.
Tactic 1 – Create great content
The first step is to create content which answers the pain …
Global Best Practice Discussions on Board Oversight, Internal Audit and Financial Risk at the Central Bank Governance Forum 2019
Governance of central banks, emerging challenges and opportunities, and data innovations for the financi…
Invest in Africa (IIA) will reward 10 Small to Medium Enterprises (SMEs) who have excelled in various aspects of their businesses during the 2nd edition of its flagship event, the IIA SME Excellence Awards to be held in Accra on Friday 25t…
An interdisciplinary research project, the Social and Environmental Trade-Offs in African Agriculture (SENTINEL), being funded by the United Kingdom Research and Innovation (UKRI) through the Global Challenges Research Fund (GCRF), is bein…
Kasapreko, an indigenous manufacturer and producer of alcoholic and non-alcoholic drinks, and Tetra Pak have inaugurated an automated carton aseptic juice line.
Over the past two years, the two companies have been working closely to mak…
Traders at Ashaiman markets are optimistic of the fall in the prices of staple foods in February this year. A Ghana News Agency weekly market survey revealed that commodity prices were unchanged at Ashaiman market.
Madam Akua Marfo tol…
The Western and Central Zonal office of the Public Utility Regulatory Commission, (PURC) recorded a total of 893 complaints against 577 complaints received in 2017.
There was also a credit sales adjustment to the tune of GHC 86,230.10 c…
Lava, the fastest growing Indian mobile phone company has launched its operations in Ghana with a promise to deliver valuable and reliable yet affordable mobile technology to the market and community.
Lava's entrance into the Ghanaian m…
A 1,000-metric ton capacity warehouse is being constructed under One District One Warehouse initiative in the Wa East District of the Upper West Region to help prevent post-harvest losses and aid mass production of food crops.
It comes …
Fake artefacts dealers operating around the vicinity of the Accra Art Centre, Ghana’s biggest craft market is threatening the existence of the art village as they flood the area with substandard goods.
The fake artefacts dealers stand a…
A platform to provide financial literacy for young and upcoming entrepreneurs has been re-launched in Accra.
Dubbed, ‘The Billionaires Network or TBN’, it is a network of entrepreneurs and aspiring entrepreneurs with a common goal to cr…
The Bank of Ghana has named the immediate past Country Senior Partner of PricewaterhouseCoopers, Ghana, Mr. Felix E. Addo as Advisor for National Investment Bank (NIB).
The central bank had early announced the appointment of an adviso…
Hydro Co-operative Credit Union Limited (HCCUL), the second largest credit union in the country in terms of assets, has launched a School Savings Club with a current membership of 70,000 for students in the country.
The School Savings…