The World Heritage Committee meeting in Manama since 24 June, decided today to inscribe the Lake Turkana National Parks on the List of World Heritage in Danger, notably because of the impact of a dam on the site.
The Committee expressed…
The UK's economic growth has been revised up for the first quarter of the year after construction data was found to be stronger than earlier estimates.
Growth for the three months to March was 0.2%, the Office for National Sta…
The International Fund for Agricultural Development (IFAD) today launched the world's first web-based tool designed to collect and share agriculture and rural development solutions implemented in developing countries.
The main obje…
Mr. George Kwame Aboagye, Member of Parliament (MP) for Asene Akroso-Manso, has called for increased government support to cocoa farmers to boost production levels.
This should include strengthening of extension services to enable them …
MultiChoice Ghana has launched its newly developed DSTV business lite to reduce the amount targeted customers; thus medium to low companies have to pay for services.
The DSTV comes with a downward review of pricing and upward adjustment…
The Chairman of the Foreign Affairs Committee of Parliament, Mr Frank Annoh-Dompreh, has called for the amendment of the Free Zones Act 1995 to position the country to attract more local and foreign investments.
He said the amendment of…
Vice President Dr. Mahamudu Bawumia has encouraged the financial institutions to up their financial inclusion drive - reach out and to capture the unbanked into the mainstream.
There needed to be a paradigm shift and increasing use of t…
The Civil Society Platform has advised the government to position itself economically to avoid going back to the International Monetary Fund (IMF) after its exit from the programme in 2018.
The forum explained that the gross indiscipli…
Deutsche Bank's US division has failed the second round of the Federal Reserve's annual two-stage stress tests, designed to assess how well the sector could withstand another financial crisis.
The German lender suffered from "widespread…
Trading in the mid-week session on the Ghana Stock Exchange (GSE) saw the market rebound into positive territory following gains in four counters, Nordea Capital Investment Stock review of trading obtained by the Ghana News Agency in Accra…
The community members of Akyem Bieni of the Birim South District in the Eastern Region have appealed for the use of portion of COCOBOD land for farming activities.
Consequently, they pleaded to the Government for the change of the land …
Gambling firms have been given a "call to action" over their attitude to consumer welfare in a new report published by the Gambling Commission.
The report highlights the ways in which companies must protect gamblers and also stop money …
British Airways' owner IAG is expanding its low-cost long-haul airline Level further by launching short-haul routes from a base in Austria.
The move puts it further in competition with rivals EasyJet and Ryanair.
IAG launched the Lev…
Apple and Samsung have finally settled a seven-year-long patent dispute, bringing to an end the long-running battle over the design of their rival smartphones.
The terms were not disclosed.
But it comes weeks after a US jury ordered …
The Ashiaman Municipal Assembly (ASHMA) has signed a Memorandum of Understanding (MOU) with the Fujian Chamber of Commerce of China to invest about 50 million US Dollars into developmental projects in the Municipality.
Mr Albert Boakye …
Ten apprentices who have undergone training in various vocations in the Asante-Akim Central Municipality, have received start-up kits to begin work.
The equipment which were procured by the government through the Rural Enterprises Proje…
Ghana’s economy grew provisionally at 6.8 percent year-on-year in the first quarter of 2018 compared to 6.7 percent in the same period last year, Acting Government statistician, Mr Baah Wadieh said on Wednesday.
Speaking at a press con…
The Chinese government has criticised a US move to expand the powers of its foreign investment watchdog.
The government is worried that the move means the US will use national security concerns unfairly in order to restrict Chinese inve…
The International Monetary Fund (IMF) says Ghana’s economic growth prospects are positive, while its macroeconomic stabilisation is on course.
According to the Bretton Woods institution, the government’s commitment to achieve end-year f…
China has ended a two-decades-long ban on imports of beef from the UK, first introduced after the outbreak of BSE - or "mad cow disease" - in the 1990s.
The government said the development will be worth £250m to British producers over t…
Britain's biggest pub group says some outlets are running out of certain beer brands as CO2 gas shortages continue to hit the food and drink sectors.
Ei Group, which has 4,500 properties, said it was working with publicans to source alt…
The Chief Executive Officer of Ghana Interbank Payment and Settlement Systems (GhIPSS), Mr Archie Hesse, has said the Instant Pay and the e-bills pay are two important electronic payment services that are as handy as cash but even safer.
…
The Associations of Small Scale Industries, Ghana on the International Day for Micro and Small Businesses, joins its hundreds of thousands of members to request more practical steps from Government to grow the sector.
It is not in …
Fujifilm Holdings Corp (4901.T) on Wednesday threatened to compete against Xerox Corp (XRX.N) in Asia-Pacific and challenge it in America and Europe if it failed to renew its technology agreement in 2021.
Xerox had said on Monday it wou…
Cheerios cereal maker General Mills Inc (GIS.N) on Wednesday reported a quarterly profit that topped analysts’ estimates, as its efforts to reduce costs and improve distribution network paid off.
Gross margins of the company, which is a…
Realizing the need for active community participation in delivering on its social responsibility obligations, Newmont Golden Ridge Limited and its surrounding communities, in 2014, formed the Akyem Social Responsibility Forum (SRF) to regu…
Ghana can drive financial inclusion further up if it takes advantage of opportunities to digitise payments in various sectors including government, agriculture, utilities, investments, insurance and savings, among others.
Digital techno…
MTN/Business World Sets the Forum to Discuss Block Chain Technology in the Financial Services sector.
MTN Ghana and Business World will host corporate leaders within the technology and financial sectors of Ghana’s economy at the 23…
Dr Owusu Afriyie-Akoto, Minister of Food and Agriculture has disclosed that Ghana spends almost over a billion dollars to import rice into the country annually since 2015.
“This is an understatement because these figures are only coming…
The Minister for Food and Agriculture (MoFA), Mr Owusu Afriyie-Akoto, has hinted that government will from next year, roll out a programme titled ‘Rearing for Food and Jobs’ to facilitate growth in the livestock industry.
He said the go…
The World Bank has provided an additional funding of $50,000 to the Ghana Commercial Agriculture Project (GCAP), to facilitate its projects, especially the rehabilitation of the irrigation scheme, across the country.
The Project funded …
President of the General Assembly of the ECOWAS Federation of Chambers of Mines (EEDCOM), Mr. Kwame Addo-Kufuor, has expressed his disquiet about the eroding trust between government and mining companies.
He said the unwarranted mistrus…
Ghana’s favourite stout, Guinness Foreign Extra Stout (FES) has been awarded the Beer of the Year and Product of the Year awards at the 2018 Ghana Beverage Awards for its GH@60 campaign.
To celebrate Ghana’s 60 years of independenc…
The Bank of England says the UK has made positive "progress" on handling financial services risks around the UK's departure from the European Union.
But it also says there has been a lack of similar action from the EU.
It says that m…
U.S consumer confidence ebbed in June, with households a bit pessimistic about their short-term income prospects, suggesting that an apparent acceleration in economic growth in the second quarter was unlikely to be sustained.
Economists…
Zenith Bank and Prudential Life Insurance have entered into a long-term partnership and subsequently launched four innovative bancassurance solutions to protect Ghanaians.
The products Zenith Life, Education, Farewell and Hospital Cash …
The West Africa Centre for Crop Improvement (WACCI) of the University of Ghana (UG) – African Union (WACCI-AU) One Million Dollar Project for research on food and nutrition security has been launched in Accra.
The three-year project, wh…
A team from the International Monetary Fund (IMF), led by Annalisa Fedelino, visited Accra from June 20-26, 2018, to discuss recent economic developments and the outlook for the remainder of the year, and take stock of performance to date …
BMW has told the BBC the cost of any new customs arrangements after Brexit would push up the price of its cars.
Ian Robertson, BMW's UK special representative, said new border systems and warehousing would add to the cost of making cars…
Professor Eric Danquah, Founding Director, West Africa Centre for Crop Improvement (WACCI), University of Ghana, has urged the government to scale-up agricultural research investment; to increase productivity and to ensure food security fo…
The African Development Bank (AfDB) has urged African countries to strengthen the independence of their electricity regulatory bodies, as the continent aims to attract investment to provide power to over 600 million people that lack access…
Development of Kenya's aquaculture sector could reduce rural poverty and tackle chronic malnutrition and food insecurity
More than 35,000 rural households in Kenya will soon be eating better and earning more money thanks to a new financ…
Participants at the launch of this year’s annual report on the Management of Petroleum Revenue have questioned the wrongful transfer of US$13,518, 852.98 into the Ghana Revenue Authority’s account instead of the Petroleum Holding Fund (PHF…
U.S. auto sales in June likely rose 2.5 percent from the same month in 2017 as consumers continued to prefer expensive pickup trucks, SUVs and crossovers over passenger cars although discounts on new vehicles remain high, industry consulta…
Stakeholders in Migration and Labour have underscored the need for accurate and reliable data in the West African sub-region, in order to formulate better interventions to help member states harness the benefits of labour migration.
Mr …
Blackstone (BX.N) has launched a $5.5 billion bridge loan to support the pending bond issuance for its acquisition of a majority stake in Thomson Reuters’ (TRI.TO) Financial and Risk division (F&R), which is expected to complete later this…
The Youth for Africa and SDGs (YAS!) Portal-Platform was created to support the development and growth of youth entrepreneurship on the continent by providing four pillars of support categorized as Learning, Ecosystem Mapping, Challenges a…
The Ghana Police Service (GPS) has developed a work plan to improve both internal and external communication to enrich its strategy and resolve communication issues as part of an on-going transformation agenda.
The Ghana Police Transfor…
About four million coffee seedlings have been raised and distributed to farmers across the country.
Further to this, nine million cashew seedlings are ready and undergoing grafting to be supplied to Ghanaian farmers.
Deputy Mini…
The prestigious Generation Next Survey is an industry benchmark for brands in South Africa
In an announcement highlighting the brand’s appeal in the South African market, Marriott International (NASDAQ: MAR) (Marriott.com) today announc…