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…
World stocks stayed near all-time peaks and the dollar extended a winning streak on Wednesday as the focus on upcoming changes to monetary policies in the U.S. and the euro zone grew.
Talk over the next Federal Reserve Chairman lifted t…
In China, construction is underway for one of the biggest airports in the world. Beijing Daxing Airport is about 42 miles south of the city center and will be accessible by high-speed train.
According to Graphic Online's Edmund Smith A…
An estimated 4.1 million people are in financial difficulty owing to missed domestic or credit bills, a major study has found.
These consumers - most likely to be aged between 25 and 34 - have failed to pay bills in three or more of the…
Dr Roger Kanton, a Deputy Director at the Savannah Agricultural Research Institute of the Council for Scientific and Industrial Research (CSIR) has called on government to invest in agricultural research institutions to boost the economy.
…
In furtherance to the achievement of budget credibility in Ghana’s Public Financial Management System, the Public Procurement Authority (PPA) has developed and launched a Unit Cost of Infrastructure Budget Estimator Tool in Accra on Tuesd…
Oxfam in Ghana and its affiliate organisations in the country have completed a merger process to operate under one management with one country strategy to position it as a more agile and result-oriented one.
The merger process, which be…
An assembling plant to manufacture and assemble farm implements and other farm inputs is to be established in Tamale to serve the farming communities in the West African sub-region.
The assembling plant will also serve as an agriculture…
The Executive Director of the Centre for Plant Medicine Research (CPMR), Dr Augustine Ocloo has charged the government to tap into an estimated US$120 billion global trade in plant medicine by encouraging the commercial cultivation of medi…
The Minister for Business Development, Mr Ibrahim Mohammed Awal has said the country will soon open up its borders to its West African counterparts in a bid to foster trade between the country and its neighbours.
He said plans were far …
UK unemployment fell by 52,000 in the three months to August to 1.4 million, leaving the jobless rate unchanged at 4.3% from the previous quarter.
However, pay still failed to keep pace with inflation, with the real value of earnings do…
British-Australian mining giant Rio Tinto and two of its former executives have been charged with fraud in the US, accused of hiding losses by inflating the value of African coal assets.
It bought the Mozambique assets in 2011 for $3.7b…
A software designed to equip district and regional procurement officers and engineers to prepare realistic budget estimates for infrastructural projects has been introduced by the Ministry of Finance and the Public Procurement Authority (P…
What are the best ways to sell online? And how do you make sure you have a website that really works? Part one in our eight-part series exploring all things e-commerce.
Lavinia Davolio makes luxury handmade sweets inspired by her Italia…
Australia has set up the first national reporting tool to help victims of revenge porn.
Revenge porn, or image-based abuse, is the sharing of explicit images without consent.
The online portal provides advice on getting the images re…
Fourth edition of the forum will take place on November 1st-2nd in Dubai’s
Organised by Dubai Chamber, the forum is set to attract over 1000 high profile delegates
: The 4th Global Business Forum on Africa is set to welcome fiv…
The Ethiopian Airlines in collaboration ASKY Airlines on Monday assured its traveling and tour agencies of its support in promoting the airline business.Mr Abdul-Rahaman Mohammed, the Sales Manager, Ethiopian Airlines commended the agencie…
The Ghana Tourism Authority (GTA) has upped it effort at making sure that operators in the hospitality industry meet set standards as the nation aggressively pushes towards raising more revenue from tourism.
Nana Twum Barima, its Direct…
Vodafone Ghana's exploits as the best place to work, has been recognised by the HR Focus Awards.
The event, which took place over the weekend, saw the telecoms company grabbing three prestigious awards - Best in Employee Relations, Bes…
The Controller and Accountant General’s Department (CAGD) on Monday said it is working towards extending the Ghana Integrated Financial Management System (GIFMIS) to cover the remaining 156 metropolitan, municipal and district assemblies (…
About 400 entrepreneurs in the Small and Medium Scale Enterprises (SMEs) in the Volta Region have undergone a five-month training programme organised by the National Board of Small Scale Industries (NBSSI) towards supporting government’s n…
The Ghana Integrated Financial Management Information System (GIFMIS) is meant to replace all stand-alone legacy Financial Management Systems at the Ministries, Departments, Agencies (MDAs) and the Metropolitan, Municipal and District Asse…
Dr Ernest Addison, the Governor of the Bank of Ghana, on Monday urged Compilers in West African countries to enhance knowledge on the compilation of Monetary and Financial Statistics in accordance with international best practices.
He s…
UMB has opened its newest branch in Tamale as part of the Banks promise to provide high quality banking products and services to its customers nationwide. The UMB Board Chairperson, Mrs Elizabeth Zormelo and two Board Members, Mr Mawuli He…
President Nana Addo Dankwa Akufo-Addo has stated that government can make meaningful change in the lives of Ghanaians, only if it directed its efforts towards developing the agriculture sector.
“Majority of our people can only feel a ch…
The Nigerian Maritime Administration and Safety Agency (NIMASA) is collaborating with the Ghana Maritime Authority (GMA) to develop the blue economy and reduce criminalities on the oceans and seas.
A Memorandum of Understanding (MoU) wa…
In its pursuit of recognizing women business leaders in Ghana, WomanRising, a flagship network of The African Network of Entrepreneurs, has presented an award to Estelle Akofio-Sowah, Country Manager of Google Ghana as a recognition for be…
MTN Ghana, the leading telecommunications service provider, has swept six prestigious awards at the just ended HR Focus Awards.
For the third time in a row, the telecommunications giant was adjudged the Overall Best Organization in HR P…
As a child Samuel Yeboah thought he would grow up to be an architect - he liked to build things. But as he grew up, he realised his love for building extended beyond houses. So instead of architecture, he thought engineering would serve hi…
Ghana Home Loans (GHL), the nation’s leading mortgage specialist, has held its second Developers and Estate Agents seminar for the year 2017.
The biannual seminar which seeks to assess mid-year performance review and further deepen rela…
The benchmark – Ghana Stock Exchange (GSE) Composite Index thus tumbled by 0.08 per cent to settle at an index level of 2,285.97 points, representing a year-to-date return of 35.34 per cent.
The GSE Financial Stock index also trimmed by…
This is even as the Company prepares to hit the market with One million metric tons of Dangote rice in 2018 Unemployment: Dangote employs youth graduate for rice farming in Kogi. A multi-million Naira Youth Farming Initiative that will eng…
Built in the 1960s, liquidated in 1995 and shutdown temporarily after it was re-opened last year, Government has reiterated its commitment to revive the Komenda Sugar Factory (KSF) and sustain its operations.
Mr Kwamena Duncan, Central …
Due to an impressive improvement in its major performance areas, the University of Cape Coast (UCC) Credit Union has been listed among the few “Class A” Credit Unions in the country.
The outgoing Board Chairman, Mr Emmanuel Paul Owusu, …
The Deputy Minister of Energy in charge of petroleum, Dr Mohammed Amin Adam has affirmed government’s commitment to support institutions that train Ghanaian workforce to operate in the Oil and Gas industry.
A statement issued by Mr King…
The mobilisation of domestic resources is improving steadily in African countries, according to new data from Revenue Statistics in Africa 2017 released Friday in Addis Ababa, Ethiopia.
This was disclosed at a meeting of tax and finance…
Dr Dimitri Sanga, Director, United Nations Economic Commission for Africa (UNECA) Sub Regional Office for West Africa (ECA SRO/WA), has said only a potent political will emanating from the headship of the sub-regional grouping could lever…
Mr Simon Nero Davor, Volta Regional President of the Association of Rural Banks (ARB), has appealed to the Bank of Ghana (BoG) to be considerate in penalties it imposes on rural and community banks.
He said if the penalties being impose…
The Bank of England should hold off from raising interest rates next month, according to a forecasting body.
Bank governor Mark Carney has said rates could go up in the "relatively near term", with many analysts expecting a hike in Nove…
Saudi Aramco has insisted that its plans for what is likely to be the world's biggest stock market listing remain on track.
There are reports Aramco might shelve the initial public offering (IPO) in favour of private share placings.
…
The government is on a roadshow to raise $2.5 billion through a bond issue to clear arrears owed banks by state-owned electricity and petroleum utility companies.
A deputy Minister of Information, Mr Kojo Oppong Nkrumah, said in a messa…
Airtel Ghana, winner of Best Corporate Social Responsibility at the African Carrier Awards fulfilled its pledge to quality education with a “Back to School Initiative” at Adaklu Aboadi SA primary school and the Adaklu Xelekpe DA JSS in…
We hear a lot about the under-representation of women in so-called STEM fields - science, technology, engineering and maths.
But the proportion of women in economics is by some measures smaller.
In the US, only about 13% of academic …
South Africa's finance minister and central bank governor will head to Washington this weekend to meet ratings agencies and international investors in an effort to boost growth in an economy that is emerging from recession.
The Treasury…
The risks to global financial stability in the immediate future have declined, according to a new assessment from the International Monetary Fund.
But at the same time, vulnerabilities over the longer term are building, the IMF warns.
…
The Asante Akim-South Municipal Assembly has launched a project to nurse one million improved cocoa seedlings annually for distribution to farmers in the municipality. Mr. Alexander Frimpong, the Municipal Chief Executive (MCE), said two n…
Don’t let the recent strong initial public offerings fool you: Tech startups are still avoiding Wall Street en masse, and there is big money offering them investments to stay private in multiple ways.
Last week’s debut of data-center co…
World leaders should take advantage of the healthiest global growth in years to pursue policies that will spread prosperity to those being left behind, the head of the International Monetary Fund is arguing.
"It is not time to be compla…