Under the patronage of the President Nana Addo Dankwa Akufo-Addo, and the auspices of the Ministry of Aviation, the first Aerospace and Aviation Exhibition for West Africa is scheduled to take place at Kotoka International Airport from Oct…
Management of Binatone, dealers in Home electrical appliances has organised a cooking contest for 10 chefs in Accra as part of activities to commemorate international chef day which falls on October, 20.
The contest brought together mal…
Cocoa farmers in the Assin Fosu hub of the International Cocoa Initiative (ICI) have said the international NGO’s support, aimed at improving their livelihoods, while eliminating child labour in their communities, are paying off.
The re…
T-Mobile US Inc’s (TMUS.O) quarterly profit topped Wall Street analyst estimates and the No. 3 U.S. wireless carrier raised the lower end of its expected range of customer additions for the year but didn’t elaborate on a potential deal wit…
Cisco Systems Inc (CSCO.O) said on Monday it will buy software company BroadSoft Inc (BSFT.O) for $1.71 billion, as the world’s largest networking gear producer moves away from a stagnating business in switches and routers.
Shares in Br…
The UK risks losing jobs and investment without an urgent Brexit transition deal, Britain's five biggest business lobby groups have warned.
In a joint letter being sent to Brexit Secretary David Davis, the groups including the CBI and I…
The Nyonkopa Cocoa Buying Limited has launched “Nyonkodo Farmer Life Plan” to provide life insurance cover for farmers’ spouses, scholarship for farmers’ children and pension benefits.
It is part of an innovative intervention to solve t…
Newmont Akyem Mines is to spend $ 6 million this year to acquire goods and services in the Birim North District where the mine operates. This is to help boost economic activities in the local economy of communities where the mine operates.…
Vodafone Ghana is transforming how it engages businesses in a new and innovative way. The company’s enterprise arm, Vodafone Business Solutions (VBS), has launched the “Ready Business Test” – a self-assessment tool that gives companies per…
The business forum will address amongst others trade, investment, economic development and industry related issues
The Department of Trade and Industry (the dti) together with their Iranian counterparts will host the South Africa-Ir…
Mines development part of government’s economic recovery plan
Nigeria seeks increased minerals output to end oil dependence
Nigeria plans to spend 15 billion naira ($42 million) over the next year to explore for miner…
In the eyes of the International Monetary Fund, a country that allows the value of its currency to be determined by supply and demand is demonstrating financial maturity. “Emerging market countries need to consider adopting more flexible e…
Kosmos Energy is a leading independent oil and gas exploration and production company focused on frontier and emerging areas along the Atlantic Margins.
Our assets include existing production and development projects offshore Ghana, lar…
The European Commission on Friday launched an investigation into the import of electronic bikes (e-bikes) from China after European producers complained that they are being sold at excessively low prices with the help of unfair subsidies.
…
Mr Victor Owusu, Chief Executive Officer of Delta Capital Limited, has called on investment banking firms to adhere to ethical financial standards to protect the assets and shares of clients.
He said the changing global trend, usage of …
In 1995, someone sold a broken laser pen for $14 on a site called AuctionWeb. This was the rather inauspicious start for online shopping, an activity that now generates a colossal $2.3tn (£1.75tn) in global sales.
But these days, shoppe…
Britain saw its smallest budget deficit for any September in the last 10 years, according to official figures.
Last month's deficit stood at £5.902bn, down almost 11% compared with the same month last year, the Office for National Stati…
Unilever (UN) shares tumbled early Thursday as the consumer goods giant reported sales in the third quarter were weaker than expected, while rival Nestle (NSRGY) warned restructuring costs would weigh on profit margins.
Unilever, the ow…
Online transactions at the Registrar-General’s Department (RGD) has seen tremendous growth with more than 11,000 transactions recorded from January to September this year.
This is an increase from mere 102 online transactions in 2015 an…
InterContinental Hotels Group said sales rose as the effect of terror attacks in key markets wore off.
Revenues per available room, a key indicator for the hotel industry, increased by 2.3% in the third quarter.
The Holiday Inn owner…
The Ghana Tourism Authority (GTA) on Tuesday advised hoteliers, restaurants and guest house operators to form one association that would highlight their operational challenges for national attention.
Nana Twum Barimah I, the Manager, Re…
Accra City Hotel has won the Best City Hotel in Ghana at the 2017 Africa Tourism Awards hosted by the World Tourism Forum, in Accra.
This brings to five the number of awards the Hotel has won within the last two years.
The Hotel is t…
Cologne court rules 14 investors get 48 million euros combined
Shareholders argued lender must more than double 2010 payout
Deutsche Bank AG was ordered to pay 14 Postbank shareholders a total of 48 million euros ($57…
Former President John Dramani Mahama on Thursday held discussions with Dr Akinwumi Adesina, President of the African Development Bank (AfDB) on ways to attract more young people into farming and improving agriculture production in Africa.
…
The U.S. dollar came to life in 2014, after years in the doldrums. It gained dramatically against many of the world's currencies, creating a buying opportunity for dollar holders that is unprecedented in recent memory.
Even though the U…
Dudu Myeni to be removed in management reshuffle on Nov. 3
Vuyani Jarana starts as CEO to begin airline turnaround
South African Airways Chairman Dudu Myeni will leave the state-owned airline in a shake up of the boar…
The Ministry of Planning is working with other government agencies to roll out the Petroleum Revenues Information System (PRIS) aimed at ensuring effective spending of oil revenues on infrastructure projects.
The PRIS, also seeks to enh…
After years of neglect, agriculture has reemerged as a sector to watch as the government intends to place it at the forefront of its 2018 budget which will be presented to Parliament in a few weeks’ time.
This has brought some excitemen…
Thirty years ago investors were stunned as global stock markets collapsed like a chain of dominos.
The day became known as Black Monday as months and years of share price rises were reversed in a single day of trading.
One dealer rec…
In its quest to settle the huge debt crippling the energy and the banking sectors of the country, the government on Thursday began a roadshow in London to raise $2.5 billion through the issue of the much-awaited energy sector bond to defra…
Libya’s oil production revival is being undermined by the same financial, economic and security problems that threaten the promise of stability and a better life for the divided North African nation.
Libya surprised many observers when …
Foreign lenders are struggling to convert riyals to dollars
QNB says central bank providing dollars for ‘legitimate’ deals
Some Qatari banks are becoming less willing to sell dollars to foreign lenders amid a lingerin…
Nissan Motor Co Ltd (7201.T) is suspending domestic production of vehicles for the Japanese market for at least two weeks to address misconduct in its inspection procedures that led to a major recall, it said on Thursday.
Japan’s second…
Ms Cecilia Dapaah, the Minister of Aviation on Wednesday urged the Management of Turkish Airlines to form strategic partnership with government to open up the Aviation market in Ghana.
She said the airline needed to support the country …
The Public Services Commission (PSC) on Wednesday said its Human Resource Management Information System (HRMIS) project, when fully operational would ensure an efficient public financial management.
Dr Lawrence Kannae, the Vice Chairman…
The Seventh Session of the Permanent Joint Commission for Cooperation between Ghana and Nigeria opened in Accra on Wednesday. The Session will provide the framework for enhancing the levels of partnership and cooperation between the two co…
A day’s stakeholders’ forum to discuss possible pension scheme for cocoa and other farmers in the country is underway in Accra with a call on farmers to come out with inputs to facilitate its establishment.
Section 26(1) of the Ghana Co…
Vice President Dr Mahamudu Bawumia, on Monday, said government would mobilise domestic and regional resources to close the infrastructure gap and other national needs in view of the dwindling overseas development aid to Ghana.
He said …
Vice President Dr Mahamudu Bawumia says Ghana stands to earn $450 billion dollars, if the country processes about 900 million metric tonnes of its bauxite reserves.
To this end, he said government would set up a Bauxite Development Auth…
Dr Mohammed Sani Abdulai, Project Director, Public Financial Management Reforms Project (PFMRP), has urged human resource managers of the Ministries, Departments and Agencies (MDAs) to ensure that the Human Resource Management Information …
China's GDP rose from 54 trillion to 80 trillion yuan (about 12.1 trillion U.S. dollars) over the past five years, Xi Jinping said Wednesday.Xi made the remarks in a report to the 19th National Congress of the Communist Party of China (CPC…
Growth in wages and GDP is boosting inflationary pressures
Central bank is ‘glad’ to tighten via rates rather than koruna
The Czech koruna’s slow appreciation is paving the way for policy makers to raise interest rate…
Rate declines eighth consecutive month to 15.98% in September
Eased currency-trade controls improved supply of dollars
Nigerian inflation was little changed in September as food prices continued to rise, limiting scop…
The U.S. dollar dipped into negative territory against its major rivals Wednesday, eclipsing gains from earlier in the session and snapping a four-day winning streak.
Where currencies are trading
The ICE U.S. Dollar Index DXY, -0.29%…
The Vice-President, Dr Mahamudu Bawumia, is expected to be the keynote speaker at the Nordic Ghana Investment Services (NorGhis) platform to promote Ghana at this year’s Nordic-African Business Summit in Oslo, Norway on October 26, 2017.
…
UK financial regulators and the Serious Fraud Office are to review if banks HSBC and Standard Chartered are linked to a South Africa corruption scandal.
It comes after Lord Peter Hain said the banks may "inadvertently have been conduits…
Tullow Ghana Limited (TGL) has been awarded the Best Human Resource (HR) Management Company in Energy and Natural Resources sector at the recent HR Focus awards held at the State Banquet Hall in Accra.
The Awards, which is held every tw…
More than 700, Ghanaian businesses have in the past 10 years registered with the Petroleum Commission, Mr Benjamin Boakye, Executive Director of African Centre for Energy policy (ACEP) has said.
Mr Boakye said this during the 6th pu…
The illegal fuel came from an oil refinery in Zawiya
Italy’s financial police say they have broken up a smuggling ring selling cheap Libyan diesel at service stations in Sicily and elsewhere in Europe.
The smugglers were allegedly ob…
IBM is using the technology behind bitcoin to help farmers and other small businesses in underdeveloped countries participate in global trade.
IBM announced the project on Monday, in partnership with fintech startups Stellar.org and Kl…