If you ask Queenie Dankwa '12, working in the construction industry had been the last thing on her mind when she was growing up.
She had always been drawn to corporate multinationals. After all, following her Business Administration deg…
Vodafone Group, the UK-based telecoms giant, has said it is in talks to buy some European assets owned by US cable company Liberty Global.
The firm said the discussions were at an "early stage" and there was "no certainty" the deal woul…
(Reuters) - U.S. stocks looked set to open lower on Monday as rising bond yields continued to fuel the selloff in equities and hints of inflation pickup triggered concerns that the Federal Reserve might have to raise interest rates more qu…
A consumer confidence survey carried in the country in the last quarter of 2017 indicates that Ghanaians have mixed feelings about the current economic conditions in the country as well as prospects for the next six months.
While …
Samsung heir Lee Jae-yong has been freed from jail after a South Korean court suspended his five year jail term for bribing the country's ex-president.
Seoul High Court upheld parts of the conviction, but used its discretion to release …
The Ghana Tourism Authority (GTA) has collected more than GH¢39 million under the Tourism Development Levy within the past six years, the acting Chief Executive Officer (CEO) of the GTA, Mr Akwasi Agyeman, has disclosed.
Subsequently, h…
The 2017 report on “Enabling Business of Agriculture (EBA)” produced by the World Bank Group has been launched in Accra.
Dr Farbod Youssefi, who co-leads the EBA, in an interview with the Ghana News Agency after the launch, explained th…
The Namibian Ambassador to Ghana, Mr Charles B. Yosob, has entreated Ghana’s Minister of Aviation to lend her full support to the re-entry of Air Namibia to the Ghanaian aviation industry.
He said processes are far advanced for Air Nami…
A Deputy Chief Executive Officer of the Ghana Export Promotion Authority, Mr Akilu Sayibu, has suggested to exporters and potential exporters of non-traditional export to promote their businesses through corporate websites to attract poten…
Etihad Airways is urgently examining ways to avert a technical default of some $1.2 billion in bonds indirectly linked to the Gulf airline, sources close to the situation told Reuters.
An Amsterdam-based special purpose vehicle called S…
The Kumasi Metropolitan Assembly (KMA) has taken steps to block revenue leakages resulting from the use of unauthorized general counterfoil receipts. Mr. Osei Assibey-Antwi, the Metropolitan Chief Executive (MCE), said its Revenue Manageme…
A group of investors into pharmaceuticals from the United States has expressed interest to establish at the proposed new export processing zone at Kwamoso in the Akuapem North District.
Mr. Michael Baafi, Chairman of the Ghana Free Zone…
Due to competition in the financial services sector, particularly the banks, fierce competition has taken banking service to the next level. All these are towards one focus, the customer on their minds. Customers of banking services have b…
About 236 farmers in the Adansi District of the Ashanti region have benefitted from a Capacity Training program, organized by the Ghana Chamber of Farmers (GCF).
The GCF is an Accra-based NGO with the aim of providing technical and fina…
Business registration applicants will from Monday, February 5, 2018 be required to provide their digital address as part of their documentations, the Registration General Department, has said.
The acting Registrar General, Mrs Jem…
Mr David Bohigian, Executive Vice President of the Overseas Private Investment Corporation (OPIC) says OPIC is committed to continue making impact with its investments in emerging markets in Africa and globally.
He said this commitment …
Find out where to get savings interest rates that are much higher than average.
In addition to the rate hikes in 2017, policymakers are forecasting three rate hikes for 2018. These raises might impact the average savings account interes…
World stocks were set to post their biggest weekly drop since late 2016 on Friday, as talk of central bank policy tightening and expectations of higher inflation boosted borrowing costs globally, a move that sparked a sell-off in shares.
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Apple sold slightly fewer iPhones in the final three months of 2017 than it did the year before, but higher prices compensated for the dip.
The firm reported a record $20bn (£14bn) in quarterly profits, driven by strong growth in Japan …
Golden Star Resources has achieved commercial production at its Prestea Underground Gold Mine in Ghana.
Output will ramp up during 2018. The West Reef ore body has proven and probable mineral reserves of 1.09 million tonnes of gold…
The Ghana Revenue Authority (GRA) has been accused by Parliament of violating the Minerals Development Fund (MDF) Act, 2016. The MDF Act provides that 20 per cent of the minerals royalties received by the GRA from holders of mining leases …
The Minister of Finance, Mr Ken Ofori-Atta, will proceed to court to attempt to quash extraneous matters in a report by the Commission on Human Rights and Administrative Justice (CHRAJ) on the issuance of the $2.25-billion bond last year.
…
The Russian Federation has pledged to support the political dialogue and co-operate on various economic and investment projects in efforts to strengthen relations with Ghana.
The Foreign Affairs Ministry said on its official website tha…
American consumers are snapping up plentiful low-cost pork, but U.S. farmers are worried that trade spats with key export markets in China, Mexico and Canada could hurt a lucrative part of their pork business.
The domestic demand outloo…
Alibaba Group Holding Ltd (BABA.N), China’s biggest e-commerce company, said on Thursday its third-quarter revenue jumped 56 percent, beating expectations as it shrugged off concerns about a wider market slowdown.
The firm, which also r…
Government through the Ghana Export Promotion Authority (GEPA) has introduced a number of intervention programmes to sustain the Ekumfi Pineapple Processing Factory (EPPF) among other sensitive industries.
In an interview with Eric Amoa…
Liberty Shoes, one of the largest fashion footwear manufacturing company in India, through Sogha limited, a franchise company, has opened a retail outlet at the Accra Mall to supply its range of products to Ghanaians.
The outlet, which …
When it comes to predictions for 2018, most financial analysts agree on one thing: one tech firm is likely to become America’s first ever trillion dollar company.
The question is: which one will it be?
On Thursday, we’ll get a big cl…
Ghana’s performance on budget transparency, has aptly been described as stagnant, following its very little progress made over the past two years, an Open Budget survey (OBS) report has said.
In 2017, Ghana scored 50 out of 100 in the O…
Ghana’s leading Telecommunications Company and the first mobile operator to launch 4G services, MTN, has launched an all new exciting Valentine Promo for its Pulse App Users dubbed “Download and Win”. MTN Pulse is a youth value initiative …
Betting firms Ladbrokes, William Hill, and PT Entertainment have agreed to change online games promotions after pressure from the regulator.
The Competition and Markets Authority (CMA) said punters must be able to cash out when they wan…
Women’s World Banking Ghana (WWBG) is targeting to register about 5,000 agents to operate under its agency banking which is expected to be rolled out before the end of March this year.
This is part of measures the company is deploying t…
The National Petroleum Authority (NPA)?is to categorise fuel stations in the country into high and low risk entities as part of the second phase of the LPG?refilling plant safety risk assessment.
This forms part of the broader Cyl…
Capita shares have plunged over 40% after the outsourcing firm warned on profits and announced a major shake-up.
New chief executive Jonathan Lewis said the company had become "too complex" and "driven by a short-term focus" and needed …
Parliament's Public Accounts Committee (PAC) has urged the Petroleum Commission to expedite action on developing the required local technical skills that will enable the country to take control of the production and management of its petro…
Boeing Co (BA.N) on Wednesday forecast full-year profit well above Wall Street estimates as it looks forward to its busiest year ever for plane deliveries, sending its shares up more than 5 percent.
The world’s biggest planemaker said i…
The total net profit on the Ghana Petroleum Fund for January to September 2017 was US$7.03 million, according to a report by the Ministry of Finance on the Petroleum Funds for the 2017 fiscal year.
Out of the total amount, the Ghana Her…
Federation of International Football Association (FIFA) agents and scouts are expected in Accra to hunt for talented players in the upcoming FC Skyboom Open Football tournament. The event is scheduled for Wednesday, February 21-24 at the O…
Japanese technology firm Fujifilm is to cut 10,000 jobs by 2020 at its Fuji Xerox subsidiary saying it faces an "increasingly severe" market.
It is also plans to take a majority stake in Xerox and combine the US company into the joint s…
At the close of trading on January 26, the cedi lost value to the dollar, the euro and the pounds sterling.
Against the pound, the cedi pressurised depreciated by 2.08 per cent to trade at GH¢6.27 per pound.
The year-to-date deprec…
The Ghana Ports and Harbours Authority (GPHA) has waged war against clearing agents and unscrupulous individuals who clone and inflate GPHA invoices to defraud importers.
The authority has warned such individuals to desist from such act…
IFC, a member of the World Bank Group, has announced that it will extend a seven-year R740 million term loan to Mercantile Bank Limited, to allow the bank to grow its lending to South African small and medium enterprises, with a focus on w…
The Business Schools being undertaken by the Aliko Dangote Foundation, according to the President of Dangote Group is part of the efforts to build entrepreneurship in the sub-consciousness of Nigerians through education at the highest leve…
GHL Bank has underscored its continued commitment to the real estate sector, with a call on developers to take advantage of the relationship between the Bank and real estate developers to meet demands for housing in Ghana.
This was at t…
Invest in Africa (IIA)- Ghana, a not-for-profit organisation with the vision to create thriving African economies together with its partners, have provided business opportunities and contracts worth $58 million to Ghanaian Small Medium Ent…
MTN, has awarded Four brand new Hyundai vehicles to the first set of winners in the “MTN 4G Taking Over” promotion.In all about 28 customers received various prizes in the promotion, with five customers receiving GH¢5,000 each and another …
The eurozone's economy grew at its fastest pace for a decade in 2017, according to official figures.
The economy of the 19-nation bloc grew by 2.5% last year, according to Eurostat, the strongest growth since the 3% rate seen in 2007.
…
The Institute of Financial and Economic Journalists (IFEJ), has held its Fourth Flamingo Awards for business and financial journalists and crowned Felix Dela Klutse of the Business Day Newspaper as the Business Journalist for 2017.
Mr K…
Bitcoin might still be considered the flagship cryptocurrency, upon which many of the other alternative currencies sail in the wake of, but that’s not to say it’s the only viable one. With more than 1,300 different cryptocurrencies out t…
India's growth rate is set to rise over the coming year after a slowdown, according to a government forecast.
It predicts that economic growth in 2017-18 will be between 7% and 7.5%, after having fallen to 6.75% in the current fiscal ye…
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