AngloGold Ashanti Iduapriem (AAI) mine has inaugurated various projects totalling GHC 1,004,135.00 on its community trust fund projects for the year 2015-2016.
The projects which were completed within a short period include a Junior Hig…
Mr Kwaku Kwarteng, Deputy Minister-Designate for Finance has maintained that the outstanding arears the New Patriotic Party(NPP) administration inherited from the NDC government could be more than GHC 7 billion Cedis.
He said there were…
Barimah Addo Yeboah I, Krontihene of Adeiso,has called on businessmen in the country to decentralize to other communities to create jobs for the numerous unemployed youth in the country.
Barimah Yeboah said this at the inauguration of t…
Executives of MTN Ghana, led by CEO Ebenezer Twum Asante, have paid a courtesy call on the Vice President of Ghana, His Excellency, Dr. Mahamudu Bawumia. The visit forms part of MTN’s engagement strategy to share with stakeholders the comp…
The Ghana cedi made a surprise recovery against the three major trading currencies. The dollar recorded its two straight-week-on-week depreciation against the local currency following the supply boost from the successful dollar denominated…
Ghana is hosting the Second International Civil Aviation Organisation (ICAO) Meeting on the Sustainable Development of Air Transport in Africa, which aims at prioritising air transport development on the continent to facilitate socio-econo…
Most feedback accentuates the negative. During formal employee evaluations, discussions invariably focus on “opportunities for improvement,” even if the overall evaluation is laudatory.
Traditional, corrective feedback has its place, of…
The Kwame Nkrumah University of Science and Technology and Zenith University College have qualified to the next stage of the ‘The Royal Banking and Finance Challenge 2017’ organised for universities in Ghana.
Also, qualified for the n…
Energy Minister Mr Boakye Agyarko has affirmed the Government’s resolve to overhaul the country’s ailing energy sector to meet consumers demand for improved economic performance.“This government’s vision for the provision of state reliable…
A member of the Public Interest and Accountability Committee (PIAC), Dr Steve Manteaw, is urging the government to shift from covering every cost under its Free Senior High School (SHS) policy to limited items, in order not to strain the n…
A simple way to up your savings and build more wealth is to spend less. And chances are, you can find areas to cut back in.
Start by considering these 13 money sucks.
ATM fees
It'll cost you a record high of $4.57 to withdraw mone…
The seven per cent loss in Ghana's gross domestic product (GDP) due to psychological distress can be reversed through Cognitive Behavioural Interventions (CBI). Professor Angela Ofori-Atta of the University of Ghana Medical School stated…
Olam group company Nutrifoods Ghana Limited, would celebrate a major milestone when it commissions its newly expanded factory in Tema on Friday, March 31.Jointly owned by Olam International and Sanyo Foods, Nutrifoods Biscuits has undertak…
The Vice President, Dr Mahamudu Bawumia, has stated that the government will introduce the National Digital Address System to reduce the risk profile of people and improve their access to financial services.
The policy, in addition to t…
It is a fact that Accra and some other parts of the country are witnessing the construction of interchanges, highways and high rising buildings. Notable among these are the Kwame Nkrumah and the Kasoa interchanges.
If you have used the …
Chinese tech giant Tencent has spent $1.78bn (£1.4bn) on buying a 5% stake in electric carmaker Tesla.
Tencent, best known for its WeChat mobile app, has been investing in a number of sectors, including gaming, entertainment, cloud comp…
Mr John K. Nyarko, the Acting Registrar of Co-Operative Societies, has called on the Controller and Accountant-General Department (CAGD), to reduce its increased service charge of three percent.
He said the new service charge from one p…
Africa Finance Corporation (AFC), a leading pan-African multilateral development finance institution and project developer, today announces its 2016 fiscal year results.
Robust financial performance
* US$115.3 million in Total Comprehe…
Ride-hailing group Uber Technologies [UBER.UL] will withdraw services in Denmark next month due to a taxi law that sets out new requirements for drivers such as mandatory fare meters, the company said on Tuesday.
Uber has faced headwind…
Ghana Oil Company Limited (GOIL) shares on the Ghana Stock Exchange (GSE) rose by 7.4 per cent to close at GHc1.30 whilst GCB Bank edged by 1.0 per cent to close at GHc5.18 per share.
GSE trading for the last week of March (27 to 31) op…
U.S. consumer confidence surged to a more than 16-year high in March amid growing labor market optimism while the goods trade deficit narrowed sharply in February, indicating the economy was regaining momentum after faltering at the start …
Ford has said it will spend $1.2bn (£1bn) as part of a planned upgrade of three Michigan plants.
It said $850m will be spent on retooling its factory in Wayne where Ford plans to build Bronco and Ranger models.
In addition, Ford will…
The Opportunity Industrialisation Ghana (OIC), in collaboration with the YIEDIE project has graduated more than 300 students with various vocational skills at Sekondi in the Western Region.
The initiative sponsored by Master Card Founda…
Mobile banking has changed the way we manage our money for good, and is saving us billions in bank charges, tech start-ups say.
Charlie Kingston, a 22-year-old software engineer based in London, banks with mobile-only newcomer Starling …
The President of the Ghana Bankers Association, Mr Alhassan Andani, has called on the government to put in the right measures to address the depreciation of the local currency the cedis.
He explained that until the fundamentals of Ghana…
Organizers of the maiden edition of the Ghana Beverage Awards (GBA) have announced their readiness to host the first ever Ghanaian Awards designed exclusively for the beverage industry.
The GBA, slated for Friday 31st March at the Accra…
The Ministry of Tourism, Arts and Culture has launched the 2017 edition of the National Paragliding Festival with a commitment to enhance safety at all national tourist sites.
The acting Chief Executive Officer of the Ghana Tourism Auth…
One of the largest investors in the UK has committed £5bn of new money to invest in transport, property and digital technology.
The Middle Eastern state of Qatar said that it was optimistic about the future of the British economy.
It…
American Airlines and China's biggest carrier by passengers, China Southern, have agreed a strategic partnership.
The US airline will buy $200m (£159m) worth of shares in the Chinese firm and the two will "seek to increase cooperation".…
Regular users of e-zwich cards, including National Services persons, students and beneficiaries of various government social intervention programmes, now have multiple outlets to access e-zwich services.
This follows the increased num…
The Ghana Grid Company (GRIDCo) has started the construction of a sub-station to reinforce the supply of electricity to the central business district (CBD) of Accra and its environs.
The $39-million (about GH¢170 million) project, locat…
Government remains committed to creating an enabling environment for the private sector to thrive since the sector constitute a key component in the country’s economic growth, Mr Ibrahim Awal, the Minister of Business Development, has said…
The Monetary Policy Committee has cut the Policy Rate by 200 basis points to 23.5 per cent from 25.5 per cent, citing the easing of underlying inflation pressures.
Monday's rate cut follows a 50 basis-point reduction in January.
The …
Mrs Cecilia Abena Dapaah, the Minister of Aviation, on Monday reiterated government’s commitment to partner the private sector to establish a national carrier that would restore the national pride.
She said the Government would do ever…
Ghana Oil Company Limited (GOIL) the nation’s foremost indigenous oil marketing company (OMC), has equipped its dealers in the southern and Tema zones with modern trends in downstream oil marketing.
The more than 120 dealers in GOIL pro…
Two US firms which lost out on a decommissioning contract to clean up 12 nuclear sites in the UK will receive £97.5m compensation.
The government has also ordered an inquiry into the "deeply flawed" tender.
The £6.1bn contract, award…
German engineering group Siemens said it was committed for the long term to Britain, which will begin the formal process of leaving the European Union on Wednesday.
The trains-to-turbines group employs more than 15,000 people in Britain…
You spend an enormous amount of your life at work, so how happy you are with your job can have a significant impact on the amount of happiness in your life overall. And yet for some people, work is a major source of unhappiness and dissati…
The Legal Resources Centre has trained stakeholders in the Northern Region on the Electoral Justice System to empower them to identify, report and resolve electoral conflicts.
The training, which built the capacity of participants in re…
United Airlines has been heavily criticised on social media after two girls were reportedly barred from flying for wearing leggings.
The incident happened on a flight from Denver to Minneapolis on Sunday morning, activist Shannon Watts …
Mrs Esther Amoah former President of Ghana Home Economics Association (GHEA) has called on practitioners to intensify their efforts at creating awareness on the importance of Home Economics Education to National Development.
Mrs Amoah …
Societe-General (SG) Ghana has launched a promotion dubbed: ‘Unlock Your Dreams Loan 2017 Promotion’ to give its customers extra support they need as they work to make their dreams come true.
The Promotion offers high competitive intere…
South African property developer and investor, Atterbury Property, has announced April 20, 2017 as the date to open the 18500m² modern mall in Kumasi.
Christened the Kumasi City Mall, the facility was constructed at a cost of US$95milli…
Ghana has been elected to occupy one of the five Vice Chair positions of the Executive Council of the African Alliance for e-Commerce for the next four years. The election took place at the Eighth General Assembly of the African Alliance…
Ethiopian Airlines, the largest cargo operator in Africa, has announced the addition of Ahmedabad, a fifth cargo gateway to India, to its global cargo network as of March 28.
Ahmedabad, India’s second oldest stock exchange and largest…
The Export-Import Bank (Eximbank) of India is seeking to increase Ghana’s Lines of Credit (LoC) from the present $400 million.
This is as a result of what officials of the bank described as the efficient use of the facility by the gover…
BT has been hit with a £42m fine from telecoms regulator Ofcom and will also pay £300m to corporate customers for delays in installing high-speed lines.
Ofcom said the fine was the largest it had ever handed down.
It found BT's Openr…
Nana Osei Bonsu, Chief Executive Officer of the Private Enterprise Foundation (PEF) has bemoaned the low penetration of the insurance industry in the country.
He described the industry's less than two per cent contribution to the countr…
President Nana Addo Dankwa Akufo-Addo on Friday applauded the growing interest of French companies in Ghana, giving the assurance that the country was ready to protect their investments and that of other nations.
“The growing interest a…
The Ghana Water Company Limited (GWCL) has called for stringent and timely measures to halt the activities of illegal mining (galamsey) which continue to deplete raw water resources across the country.
According to the company, illegal…