Two automobile companies have requested permission from the government to set up their assembling plants in the country to assemble their brand of vehicles for the domestic and West African markets.
Their permission was contained in a m…
The Anum Rural Bank in the Eastern Region has maintained a strong footing in the financial space during the year under review 2017. It’s Profit Before Tax increased by 23.95 per cent, comparing GHC 619, 295 posted in 2016 to GHC 767, 617 i…
The Ministry of Energy has commenced an arrangement to make the Electricity Company of Ghana (ECG) the custodian of all Power Purchase Agreements (PPA) in the country.
In this regard, the current PPAs held by the Volta River Authority (…
Bearish sentiments dominated trading activities on the Ghana Stock Exchange as Bank of Ghana held its benchmark policy rate for the first time this year at 17 per cent; despite the expected inflows from the three year bond of USD98 million…
Samsung Electronics Co Ltd (005930.KS) posted its slowest quarterly profit growth in more than a year on Tuesday as its Galaxy S9 device missed sales targets and competition heated up, casting doubt on its leadership of the smartphone mark…
Japanese Gov't, Japan World Expo 2025 Committee Beefing Up Bidding Activities to Host World Expo 2025
- Bringing Public-Private Sectors and Pokemon Together Ahead of Decision on Host Country in November -
The Government of Japan and …
The US is set to spend $113m on digital economy, energy and infrastructure in Asia, a move seen as an attempt to counter China's growing influence.
US Secretary of State Mike Pompeo made the pledge while outlining the "Indo-Pacific" eco…
On 21 June 2018, the R1.34-billion investment in new stack reclaimers and shiploaders was officially switched on at the Richards Bay Coal Terminal (RBCT). Global engineering and infrastructure advisory company, Aurecon, is the project mana…
Management of Barksanem™ (BSM™) an artisanal small-scale mining and licensing Company has said it has reliable tracking system to support the country to create a secure supply chain through mineral monitoring.
The system the company exp…
The Kumasi Metropolitan Assembly (KMA), is sourcing funding from the private sector to complete the stalled New Tafo (Krofrom) market in Kumasi.
Mr. Osei Assibey- Antwi the Metropolitan Chief Executive (MCE), said this was being done th…
The World Trade Centre Accra, has embarked on a week-long trade mission to the United Kingdom (UK), to boost trade and investment between the two Commonwealth nations.
The UK trade mission which was led by Jane Reindorf-Attoh, Managing …
Trade Unions and Civil Society Organisations (CSOs) have urged government to re-negotiate the draft ExxonMobil deal to ensure that the country generated more revenue.
They said a careful look at the current draft contract could help inc…
“From the perspectives of both learning and private sector development, it is time for Africa to leapfrog to technology for skills development in businesses” this is how M'Hamed Cherif, the founder & general director of Invest in Africa No…
New trade tariffs are raising costs for US businesses, testing their power to pass on the expenses to consumers.
US equipment maker Caterpillar on Monday said strong demand had allowed it to hike prices to offset $100m-$200m in higher s…
Industrialist and former president of the Association of Ghana Industries, Dr Tony Oteng-Gyasi, is irked that Ghana has over the years prioritised talking over concrete action on how to move the economy from import-led to an industrialised…
Ghana’s ESLA Bond Transaction has been recognised as the best restructuring deal for last year at the Europe, Middle East, Africa (EMEA) Finance Achievement Awards 2017.
ESLA Plc is an institution established for the purpose of raising …
The Illinois Service Federal (ISF) Bank is now officially called GN Bank.
President and Chairman of Groupe Nduom, Dr. Papa Kwesi Nduom outdooring the new name in an uplifting ceremony at the Bank’s Head Office on the South Side of Chica…
The Ghana Investment Fund for Electronic Communications (GIFEC) has set a target to achieve a 95 per cent universal access to telephone services in rural communities by 2019.
The target, according to the fund, is being set on the back o…
The acting Managing Director of the Graphic Communications Group Limited, Mr Ransford Tetteh, has bemoaned the influx of imports into the country, explaining that the strong demand for such products means that Ghanaians are investing in th…
The Universal Merchant Bank (UMB) says it successfully collaborated with the Ghana Police Service to cause the arrest of an unscrupulous syndicate that attempted to attack the bank’s infrastructure last week.
“UMB wishes to state that d…
The Institute of Entrepreneurs and Small Business Development (IESBD) in collaboration with the Foundation for Financial Inclusion has launched the Ghana Informal Sector Business Executives Summit and Awards.
The Summit and Awards sched…
Caterpillar Inc (CAT.N) on Monday raised its full-year profit outlook after earnings in the second quarter nearly doubled, beating market expectations, helped by global demand for its equipment.
The Deerfield, Illinois-based company now…
The 2018 edition of the Growing Business Together (GBT) Startup Investor Conference is slated for Friday, October 19, at the University of Professional Studies, Accra (UPSA).
A statement issued by MBC Africa and copied to the Ghana News…
WeWork Announces $500 Million Series B Investment in WeWork China Led by Trustbridge, Temasek, SoftBank and Hony Capital
WeWork Companies (“WeWork”) today announced a $500 million Series B investment in WeWork China led by Trustbridge P…
T-Mobile US (TMUS.O) named Nokia (NOKIA.HE) to supply it with $3.5 billion in next-generation 5G network gear, the firms said on Monday, marking the world’s largest 5G deal so far and concrete evidence of a new wireless upgrade cycle takin…
Thomson Reuters Financial & Risk business today announced that following the closing of the strategic partnership transaction between Thomson Reuters and private equity funds managed by Blackstone, the Financial & Risk business will be kno…
The Management of Toyota Ghana Company Limited has launched the new Rush model as part of its 20th Anniversary Celebration. Ghana is the first country in the Sub-Sahara Africa division of the Toyota Motor Cooperation (TMC) to launch the ne…
London-based, Jeremy Kelly, of JLL, will present the African Chapter of their market leading Global Real Estate and Transparency Index (GRETI) to 600 of the continent's leading real estate developers and investors
"In this year's versio…
Skyfox Limited, investors in agriculture, has completed and handed over fish ponds to the first batch of over 20 farmers group at Adauso in the Kwahu Afram Plains South District of the Eastern Region.
The project is being organized in c…
Visa data shows that contactless payments dominated in-stadium spending as foreign tourists outspent Russian fans
Tournament ratings increased, bringing Visa brand to billions of viewers worldwide
Visa (NYSE: V), the Official Payment…
Management of Interplast, producers of high quality pipes and profiles has donated towards the 8th edition of the Pre-Harvest Agribusiness Exhibition and Conference with an amount of GHC15,000.
The Company is also spporting in the area …
There is an increasing shift away from the use of cheques to electronic payments channels for various transactions, the half year summary performance of GhIPSS products has shown.
The report showed that although cheques continue to have…
Ghana made USD 1.2 billion from agriculture last year and spent USD 2.4 billion on the importation of food items, this was made known at the launch of the Ghana International Food and Beverages Festival (GIFBF) at the Swiss Spirit Hotel a…
The Ghana Footwear Manufacturers Association has petitioned the government to come clear on its policy on the local footwear manufacturing industry.
“We have been neglected for far too long as one of the nation’s most lucrative industri…
The chiefs and queen mothers from Jirapa, Sissala West, Sissala East, Lambussie, Nandom and Lawra Municipal and Districts have appealed to government to help solve some development challenges facing the Upper West Region.
The traditiona…
Ms. Francisca Dedei Attipoe Manager, Finance and Administration Department of ARB APEX Bank Limited has stressed the need for Rural Community Banks to be guided in the deployment of Technology for their banks.
This, she said had become …
Dr Mustapha Oti Boateng , the Chief Executive Officer (CEO) of CHOCHO Industries Limited , has called on government to privatise failing state companies to ensure that they play their expected roles.
He over the years many state compan…
Peasant Farmers Association of Ghana (PFAG) is advocating the adoption of the agroecology farming concept to help maintain soil fertility and boost food production in the country.
Mr Charles Kwowe Nyaaba, Director of Programmes, said a…
Mantrac Ghana, the sole authorized dealer for Caterpillar products in Ghana, has held its maiden Infrastructure Day with the aim to help increase partnership among stakeholders.
The event on the theme: “Building Tomorrow’s World Today”,…
Chartbeat, the content intelligence platform for the world’s leading publishers, today announced that the company has closed a $7 million funding round, led by North Atlantic Capital. The capital will enable Chartbeat to accelerate its lea…
The Ministry of Energy is to conduct engineering survey to determine how to supply off-grid electricity to some communities in the Abirem Constituency. This has become necessary because of the difficulty in connecting them to the national …
Total Petroleum Ghana Limited has rewarded its best performing transporters and drivers for contributing to the attainment of transport safety in the activities of the company in last year.
A statement signed by Madam Edna Kankam, the H…
The Association of Ghana Industries (AGI) is working with local Assemblies across the country to provide the necessary support to small-scale industries.
Mr Dela Gadzanku, Volta/Eastern Chairman of the Association said the project woul…
Ghana has been urged to focus more on developing the agro-industrial sector of the economy as it had potential for growth in the short-term.
According to Mr. Robert Porter Jackson, outgoing Ambassador of the United States to Ghana, Ghan…
Transactions strengthen solution portfolio and global reach to create a worldwide leader with over 18GW of solar PV, wind and storage assets under management.
AlsoEnergy, a leader in renewable energy software solutions, and skytron ener…
The 2018 US China Blockchain and Digital Currency Conference at LAX Marriott Hotel on August 22, 2018 is organized by Blockchain China Connect, Artisan Business Group, Inc., and partnered with FundingPost.com. The conference is the only Si…
PARLIAMENT by a resolution yesterday approved a US$1.3 billion loan facility for the Ghana Cocoa Board (COCOBOD) for the purchase of cocoa beans for the 2018/2019 crop season.
The facility, from a consortium of six banks, comes wit…
It is estimated that by 2030, Africa’s urban food markets will be valued at US$1 trillion. Despite this potential, the sector substantially lacks financial investment, according to a release issued by the African Development Bank (AfDB) an…
Ghana has reiterated its commitment to tax transparency and pledged to implement the Automatic Exchange of Information standard under the Africa Initiative (AEOI) of the Global Forum on Transparency and Exchange of information for tax purp…
Ahead of his address to the Group of Twenty (G20) Ministers of Agriculture Meeting this week, Gilbert F. Houngbo, President of the United Nations International Fund for Agricultural Development (IFAD), offeredthe institution's full support…