It was just Wednesday that we told you all cryptocurrencies were tanking, save for Bitcoin, which was trading well above $11,000. Sure, Bitcoin’s priced dropped compared to Tuesday’s highs, but it didn’t seem to be as affected as all its r…
Royal Bank of Scotland has returned to profit for the first time in a decade as it continues its recovery.
Chief executive Ross McEwan told the BBC it was "a really symbolic moment."
The bank, which is majority-owned by the taxpayer,…
First Atlantic Bank (FAB) and Advanced Finance and Investment Group (AFIG Fund) have officially signed an agreement to cement AFIG’s investment in the Bank, following a regulatory approval of the deal.
The two institutions announced in …
Ghana and Burkina Faso have agreed to engage the services of a Transaction Advisor to assist in the implementation of the Railway Interconnectivity Project.
In a communiqué issued by the Joint Committee of Experts (JCE) on the Railway C…
“I do not seek aid for Africa. I seek investments in Africa –Akinwumi Adesina”, President of the African Development Bank
Arlington, Virginia, U.S, February 22, 2018 – The President of the African Development Bank, Dr. Akinwumi Adesina …
UNESCO will bring a preservation project focusing on research and the dissemination of knowledge, the rehabilitation of wetlands and wildlife corridors, and the promotion of sustainable income generating activities to the International Con…
Ghana Music Awards has retained its foremost position as the Most Influential Awards Scheme on Social Media in the 2017 Ghana Social Media Rankings spearheaded by Avance Media, CliQAfrica, Eazzy Social and Dream Ambassadors Foundation GH.
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Access Bank Ghana, has retained their prominent frontrunner position to emerge as the Most Influential Bank on Social Media for the 3rd consecutive time in the Ghana Social Media Rankings spearheaded by Avance Media, CliQAfrica, Eazzy Soci…
Electric-powered Mini cars are to be built in China, as well as in Oxford where most Minis are currently made.
BMW, the owner of the Mini brand, said it had agreed an outline deal with Chinese manufacturer Great Wall Motor.
Cars made…
MTN could raise a total of US$1bn when it lists on both the Nigeria and Ghana stock exchanges later this year.
According to Kofi Yamoah, CEO, Ghana Stock Exchange (GSE) MTN Ghana will officially introduce 35% of its capital into the G…
The Bunkpurugu/Yunyoo District Assembly in the Northern Region has announced it is seeking investors to partner to establish a soybean processing factory to process soybean into various food products.
The processing they said could incl…
Africa Marketing Brand Manager of Dulux South Africa, Ms Jackie Lezar and Export Development Manager for Africa, Mr Henrique Da Costa have paid a working visit to Coral Paints Ghana to see the progress of the company and see how best to he…
The Ministry of Food and Agriculture (MoFA) has signed on some seed growers to serve as ‘back-ups’ in the provision of seeds for the government’s flagship agricultural programme, Planting for Food and Jobs.
The services of the seed gr…
A flood of money from private pension funds has driven a 33 percent surge in Ghana’s benchmark stock index this year, giving the West African country the world’s best-performing equities.
The government in December transferred 3.1 bil…
Last March, executives at General Electric Co’s power-plant business gave Wall Street a surprisingly bullish forecast for the year. Despite flat demand for new natural gas power plants, they said, GE Power’s revenue and profit would rise.
…
Ghanaian based fashion house Pistis has reclaimed its position from 2016 frontrunner, Christie Brown to rank as the Most Influential Ghanaian Fashion Brand on Social media according to the 2017 Ghana Social Media Rankings spearheaded by Av…
The 25-year European Investment Bank loan will finance the EUR 96 million sewage and wastewater project alongside the Government of Rwanda and African Development Bank
Thousands of people living in the Rwandan capital Kigali will bene…
Venue: The Ticketpro Dome, Corner Northumberland Road & Olievenhout Avenue, Northriding, Johannesburg
Members of the media are invited to attend and cover the crowning of the 5th annual Furniture Design Competition winners set to t…
Harley-Davidson® Accra officially opens its doors for business with a ribbon cutting by the US Ambassador, Robert P. Jackson, at 7pm, on the 28th February 2018. Also in attendance will be the Honourable Alan Kyerematen Minister for Trade a…
MTN Ghana, the leading telecommunication company in Ghana has been acknowledged by the Accra East and West divisions of the Electricity Company of Ghana (ECG) as an outstanding and loyal customer for its promptness to the settlement of its…
The UK economy expanded by less than previously thought in the last three months of 2017, official figures say.
GDP grew by 0.4% in the October-to-December period, the Office for National Statistics (ONS) said, down from the initial est…
New credit lines to support investment by entrepreneurs and small business across the country will also be unveiled
During a high-level visit to Kigali later this week the European Investment Bank is expected to confirm EUR 69 million…
Mr Kwame Sowu Jr, an Entrepreneur, and Chairman of the Ghana Museums and Monument Board has advised businesses in the Volta Region to take advantage of ECOWAS Trade Liberalisation Scheme (ETLS) in the 2018 budget.
He said the Scheme gra…
The Management of GCB Bank Limited on Wednesday unveiled 200 of its employees as “Golden Eagle Ambassadors,” with the task of spearheading business development at the various branches of the bank.
The ambassadors are to ensure consisten…
Mr Alex Sabah, the Western Regional Director of Fisheries Commission, has said the Floating, Production, Storage and Offloading (FPSOs) Vessels on the high seas are beneficial in the conservation for aquatic lives.
“We do know that Gh…
Members of the President Task Force on the ECOWAS Single Currency Programme have reaffirmed their political will to meet the Bloc’s single currency programme deadline by 2020.
They also reaffirmed their commitment to ratify and implemen…
Barclays PLC (BARC.L) showed its confidence in future earnings on Thursday by restoring its full dividend, despite lackluster investment banking income, restructuring costs and U.S. tax reforms hitting the bank’s 2017 bottom line.
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Merck Foundation appointed the H.E Fatoumatta Bah-Barrow, the First Lady of The Gambia as an ambassador of ‘Merck More Than a Mother’ campaign in The Gambia
Merck Foundation (MF) in partnership with the First Lady of The Gambia throu…
Centrica, which owns British Gas, is cutting 4,000 jobs, after what its chief executive called a "weak" end to 2017.
Iain Conn said plans for a price cap in the UK was one reason for the job losses, just over half of which will be in th…
GHL Bank has held an intensive two-day summit of all its Real Estate Clubs to train students across the various tertiary institutions in the country on the fundamentals of wealth management within the real estate sector.
The Real Esta…
The Second Lady, Mrs Samira Bawumia, has stressed the need to focus on empowering women entrepreneurs to maximise their multiplier effect for Ghana's economic growth and inclusive development.
She said there was the need to focus on the…
The unsustainable felling of rosewood at the savannah regions poses a threat to the smock industry as weavers may soon run out of traditional properties in the wood, which are used to dye some of the weaving materials.
Smock weaving is …
Trans-National Railway system is the easiest and fastest way to facilitate the carting of goods and services from one country to another in the West African sub-region, Mr Prince Mba, President of Forum for Equity has said.
“Under the c…
The use of e-bills pay at public institutions can reduce the human interface and help bring down corruption, officials of the Ghana Interbank Payment and Settlement Systems (GhIPSS) have said.
Mr Archie Hesse, the Chief Executive of GhI…
Ayrton Drug Manufacturing Limited had consolidated and aligned its operations with parent company, Dannex limited, to ensure profitability. The Company had also put in place an effective system that would help protect the environment, it…
The UK has seen the strongest two quarters of productivity growth since the recession of 2008, according to the latest data.
Output per hour rose 0.8% in the three months to December, the Office for National Statistics said. It follows …
Upcoming retail clusters and high demand for family entertainment concepts will drive the industry to the next level
DEAL 2018 (www.DEALMiddleEastShow.com) is the largest show in the amusement industry that is held closer to the African…
At an Exhibitor Briefing on 13 February 2018, it was announced that Hostex powering Food & Hospitality Africa and IFEA - the largest pan-African food and drink trade show - has been endorsed by the South African Tourism Board.
For the f…
Mr Lawoetey Tettey, the Director of Human Resource at the Ministry of Food and Agriculture, has called on Agriculture students to venture into the sector, as it remains a very lucrative option.
Mr Tettey said for many years, the food an…
John Mahama, Saraki, Yeda, Alakija, Amina J Mohammed to discuss unlocking Africa’s economic potential at Commonwealth Africa Summit 2018
The event will encourage dialogue on how to strategize and mobilise valuable African resources t…
DFID and the United Nations Capital Development Fund partner to enhance the Uganda solar energy industry
On 6 February, the British High Commissioner to Uganda, HE Peter West announced a new partnership between the UK’s Department…
Vice President Mahamudu Bawumia has said the adoption of a single currency by the Economic Community of West African States (ECOWAS) would enhance the economic co-operation of the sub-region.
He, therefore, urged ECOWAS nations to impl…
Venezuela has launched a cryptocurrency in an attempt to bypass tough economic sanctions imposed by the US government.
The "Petro" is intended to bolster the country's crumbling economy, which has been suffering from hyperinflation and …
AA shares have fallen by over a fifth after the firm warned that its full-year profit will fall short of analysts' expectations.
The roadside recovery and insurance group expects underlying income to reach between £335m and £345m for 20…
The Entrepreneurs Foundation of Ghana (EFG) has released a list of nominations for the eight edition of the Ghana Entrepreneurs and Corporate Executive Awards scheduled for Saturday, April 28, this year in Accra.
A statement signed by S…
AngloGold Ashanti will spend up to $500 million in initial capital expenditure to revive and mechanise its Obuasi mine. This follows the signing of a regulatory and fiscal agreements with government, providing the framework for the develo…
The Ghana Revenue Authority (GRA) on Tuesday said its priority is to secure voluntary tax compliance, and that, its focus is on sharing a positive message of national development that encourages people to play their part.
Mr Emmanuel Ko…
Merck Foundation and Uganda Ministry of Health together empower childless women through “Merck More Than a Mother’ community groups
Merck Foundation evaluates the economic and social impact of ‘Merck More Than a Mother’ program on infer…
Walmart shares fall 10% as online sales slow
20 February 2018
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A Constitutional and Petroleum Law Expert, Professor Raymond Atuguba has said the petroleum agreement between Exxon Mobil Corporation (ExxonMobil) and the government of Ghana exposes the flaws in the legal framework for oil governance in t…
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