Mr Joseph Abarike Azumah, Bolgatanga Municipal best fish farmer for 2018, has appealed to government, research institutions and other agriculture stakeholders to support him improve and maintain his multi-purpose farm.
The farmer, who e…
The Naara Rural Bank Limited in 2017 witnessed significant growth in spite of the prevailing challenges in the country’s banking sector.
Mr Robert Simple Atiiru, the Chairman of the bank, said this at the 28th Annual General Meeting of …
Universal Merchant Bank (UMB) has received funding to meet the new Bank of Ghana (BoG) minimum capital requirement of GHC 400 million by December 31, 2018.
A statement issued by Mr John Awuah, Chief Executive Officer (CEO), UMB, and cop…
The Government is to assist Apostle Dr Kwadwo Safo, the Founder and Leader of Christo Asafo Church, to successfully go through the licensing, intellectual property registration, trade secrecy and patenting regimes for three of his agro inp…
Ghana would play host to a business delegation of 30 companies from Tunisia to explore business opportunities in the country.
The delegation, which will be in the country from January 14 to January 17, has expertise in the oil and gas i…
Sears, the US department store chain that once dominated US shopping malls, may be getting a reprieve.
The firm had been expected to ask a bankruptcy judge for permission to liquidate after failing to reach a deal with chairman Edward L…
Opposition presidential candidate Martin Fayulu has warned election officials in the Democratic Republic of Congo not to "disguise the truth" as tensions mount over the delayed result.
Mr Fayulu said the "Congolese people already know" …
The lawyer for some customers of Menzgold, Amanda Clinton says she has started filing individual lawsuits for breach of contract against the embattled gold dealership firm.
According to her, Menzgold offered lucrative interest rates w…
The World Bank is warning of increasing risks, or what it calls "darkening skies", for the world economy.
In its annual assessment of global prospects the Bank predicts continued, though somewhat slower, growth this year and next.
Th…
About six crewmembers have been reported missing following a pirate attack on the sub-Panamax container ship, the Mediterranean Shipping Company (MSC) off the coast of Cotonou, Benin in the Gulf of Guinea (GoG).
The incident occurred …
AFC Announces the Successful Closing of a €577 million syndicated Debt Facility to Côte d'Ivoire's Société Ivoirienne de Raffinage
Africa Finance Corporation ("AFC" or the "Corporation"), the leading infrastructure development finance i…
Cambridge Epigenetix announces programme for routine screening and detection of colorectal cancer and other common tumours
Company granted broad and exclusive patent rights for the use of an epigenetic biomarker as a diagnostic tool for…
African Development Bank approves US$14.12 million to support Nigeria's membership in African Trade Insurance (ATI) Agency
The African Development Bank Group, through its Trade Finance operations, has approved a US$14.12 million facilit…
Janadria 33 - Balancing the Sustainability of Traditions and Live Communication with the Latest Technologies of the World
Arab and International Media Race to Cover the Festival
The National Festival of Heritage …
Solar technology company REDAVIA and ElectriFI have signed a USD2m financing agreement to support REDAVIA's expansion in Ghana's industrial and commercial sector, offering affordable, reliable and clean power generated through modular sola…
The Head of the Finance Department of the School of Business, University of Cape Coast, Prof John Gatsi, has said the Bank of Ghana has not been fair to Heritage Bank, saying that the regulator has set a “dangerous precedent” by withdrawin…
Farmers in the Sekyere East District of Ashanti have come together to take a giant step to reduce post-harvest loses by adding value to their produce to enhance their incomes and livelihoods.
This was demonstrated by the farmers, who ar…
The former board of now defunct Heritage Bank Limited have described as “a grave injustice” the Bank of Ghana’s (BoG) decision to revoke the bank’s licence after alleging that its main shareholder was ‘not fit and proper’ to own a bank.
…
Dalex Finance and Leasing Company Limited (DALEX) on Monday said the company has laid a solid foundation over the past years that will propel it to demonstrate stellar growth in 2019.
Mr Kenneth Kwamina Thompson, Dalex Finance Chief Exe…
Vivo Energy Ghana, the marketers and distributors of Shell branded products and services, has appointed Mr Ben Hassan Ouattara as Managing Director, effective 1st January, 2019.
Mr. Ouattara takes over from Mr. Ebenezer Faulkner, whose …
Amazon, formed 25 years ago, has eclipsed Microsoft to become the world's most valuable listed company.
The online giant was worth $797bn (£634bn) when the US stock market closed on Monday after rising 3.4% and moved past Microsoft, val…
Former employees of Ex- UT/Capital Bank have expressed disappointment at the manner in which their constant pleas for their exit package to be paid have fallen on deaf ears.
The employees, whose respective banks were liquidated on Aug…
The Ghana Oil Company Limited (GOIL) the nation’s foremost indigenous Oil Marketing Company (OMC) has set a pragmatic target of setting up 400 active modern filling stations across the country by the end of the 2019.
As a major step tow…
The local textile industry has received a boost following the government’s decision to zero-rate Value-Added Tax on the supply of locally manufactured textiles for a period of three years.
The move is to help reduce their cost build up,…
For decades a beach called Lavender Hill has been a dumping site for Accra's raw sewage. Now, the first fecal treatment plant in Ghana's capital is not only helping people keep their city safe and clean, it's generating green electricity.
The media must resume its prime responsibility of education and promotion of economic development and reduce the shouting, fake news, name calling and lying associated with the political diatribe that now dominates the media space, says Mr…
U.S. job growth likely picked up in December with wages expected to have increased solidly, which could help to allay a recent upsurge in fears about the economy’s health that have roiled financial markets.
The Labor Department will pub…
Players in the startup and Small and Medium Enterprise (SME) sector say government must prioritise the provision of catalytic investments into the Small and Medium Enterprise ecosystem to spur the growth of the sector in 2019.
Mr Nelson…
Sixteen companies that expressed interest and submitted applications for oil blocks in the country will know their fate in the next round of the allocation process by January 21.
Among the companies whose pre-qualification documents a…
Coca-Cola Adds Global Coffee Platform with Potential for Future Growth and Expansion
The Coca-Cola Company today announced that it has completed the acquisition of Costa Limited from Whitbread PLC. The $4.9 billion transaction follows a…
Two of America's biggest drug companies have announced a blockbuster merger.
Bristol-Myers Squibb is buying rival Celgene in a cash and stock deal valued at about $74bn (£58.8bn) or $90bn including debt.
The tie-up, which is subject …
Madam Hannah Owusu-Koranteng, the Associate Executive Director of WACAM, a mining advocacy group, has called on authorities to formulate a viable mining policy to direct the country’s mineral laws.Madam Owusu-Koranteng, who was speaking at…
The Auditor General is to end the practice of coming out with special reports on disallowance and surcharge, Mr Daniel Yaw Domelevo, has said.
These are going to be incorporated into his regular audit reports to Parliament.
He said t…
Apple has been ordered to remove some iPhone models from its stores in Germany over a patent dispute with chip giant Qualcomm.
A court ruling in Munich on 20 December found Apple had infringed patents on power-saving technology.
On T…
The Ablekuma North Municipal Assembly has mapped out strategies to improve its revenue generation in 2019.
This is because despite the tremendous efforts made by the Finance and Administration sub-committee of the assembly and managemen…
ExaGrid, Provider of Intelligent Hyperconverged Storage for Backup, Reports Record Annual Revenue for 2018
ExaGrid®, a leading provider of intelligent hyperconverged storage for backup, today announced record revenue for the full year o…
Three former Credit Suisse bankers have been arrested over their alleged role in a $2bn (£1.5bn) fraud scheme connected to firms in Mozambique, according to US authorities.
The men have been released on bail in London while the US seeks…
Dr Aaron Issa Anafure has been appointed as the Chief Executive Officer of Quality Life Assurance Company Limited, with effect from January 1, this year.
He takes over from Mr Raymond Afrifah-Yamoah who retired from the company same d…
Indigenous financial institution, BOND Savings and Loans Plc. has been adjudged and honored amongst the best 100 companies in corporate Ghana.
The company took the 50th position out of 100 best companies at the prestigious Ghana Club 100 …
Stocks closed 0.71% lower on the back of losses in two counters in the telecom and agricultural sectors. Consequently, the benchmark index closed with a -0.03% year to date loss while market capitalisation declined by -0.62% to settle at…
Today, the first day of trading in 2019, the equities market posted a strong performance as bargain hunting in three counters in the banking and telecommunication sectors pushed the benchmark index up by 0.67% to close at 2,589.55 with a…
Oil prices fell slightly on Thursday amid volatile currency and stock markets, coupled with concerns that an economic slowdown in 2019 will curb fuel demand just as crude supplies are surging.
U.S. West Texas Intermediate crude oil futu…
US shares rebounded from steep early losses on Wednesday, lifted in part by energy companies.
The three leading market indexes opened down more than 1%, following reports of weaker than expected manufacturing activity in China.
But the…
Mr Kwame Ansah Baffour, Programmes Officer at the Kumasi Institute of Tropical Agriculture (KITA), has called on the government to consider prioritizing regenerative agriculture to aid in the achievement of the Sustainable Development Goal…
Next has reported a sharp rise in online sales over the Christmas period, while trading at its stores declined.
The retailer said strong sales during the three weeks prior to Christmas and the October half-term holiday had made up for a…
The Ministry of Lands and Natural Resources on Wednesday said the digitisation of the Land Title Registration in Ghana was one of the priority projects that government would pursue for implementation in 2019.
The automation of land admi…
The Bank of Africa (BoA) Ghana Limited says it has "almost" completed processes needed to raise its minimum paid up capital to GH?400 million.
In a statement responding to a Graphic Online’s publication on the status of the bank's rec…
Apple has rattled investors with news that its sales have been slowing, blaming economic weakness in China.
In a surprise disclosure, the iPhone maker said it anticipated revenue of about $84bn (£67bn) for the three months to 29 Decembe…
The Bank of Baroda (Ghana) Ltd has denied media reports it is winding up its operations in Ghana because it does not want to meet the GH?400 million minimum capital requirement imposed on banks in Ghana by the Bank of Ghana.
The bank …
Oil fell towards $53 a barrel on Wednesday, under pressure from rising output in major OPEC and non-OPEC producers and due to concerns about an economic slowdown that could weaken demand.
Russian production hit a post-Soviet record in 2…