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…
The Ghana Chamber of Mines has launched its 90th anniversary with a call on the state to play its role as a facilitator and a partner of the mining industry to harness the varied opportunities in the sector.
The President of Ghana Chamb…
Government is providing the framework to improve the efficiency of Ghana's financial sector to enable it play an effective role in promoting economic growth, President Nana Addo Dankwa Akufo-Addo has said.
He said an effective and eff…
Prince Alwaleed bin Talal’s freedom has sent shares of his flagship company soaring, but banks will remain cautious about dealing with his company until they have more clarity about the circumstances of his release from a corruption probe.…
The Human Resource Executive of MTN Ghana and HR practitioner of the year, Mrs. Amma Benneh-Amponsah has urged “Businesses to harness the potential of technology and use it to drive their organizational evolution and innovation.
Mrs. Be…
The Swedish founder of the Ikea furniture chain, Ingvar Kamprad, has died at the age of 91, the company has announced.
Mr Kamprad - who pioneered flat-pack furniture - died at his home in Småland, Ikea confirmed in a statement.
The c…
Ghana's trade with India continues to surge and reached $1.7 billion in the first six months of the 2017-18 fiscal, maintaining the rising streak that began in 2011 when the $1 billion mark was first crossed, Indian High Commissioner Biren…
The Driver and Vehicle Licensing Authority (DVLA) has recorded an astronomical jump in revenue from its road worthiness certificate renewals in January after the implementation of its smart card system.
The authority collected GH¢…
China's smartphone market has fallen for the first time, with annual shipments down by 4% in 2017, according to data from research firm Canalys.
The decline ends eight years' growth in the world's largest mobile phone market.
Smartph…
Professor Kwasi Nsiah-Gyabaah, the Board Chairman of Fiagya Rural Bank at Nkoranza in the Brong-Ahafo Region, has advised petty traders and business entrepreneurs to invest for a sound financial foundation.
He advised them to do b…
Ghana’s exports to the European Union (EU) market would enjoy duty-free and quota-free access under the Economic Partnership Agreement (EPA).
This was contained in a joint communique issued after the Ghana-EU Interim Economic Partnershi…
The Volta Regional branch of the Ghana Journalists Association has held a day’s business session with Dr Archibald Yao Letsa, Volta Regional Minister and the Regional Economic team over the growth of local industries in the Region.
The …
Voltic Ghana Limited, a subsidiary of Coca Cola Beverages Africa (CCBA), on Thursday launched a new packaging line to increase supply of its products to the market.
The fully-automated packaging line, located at Akwadum in the Nsawam/Ad…
Colgate-Palmolive Co’s (CL.N) shares sank on Friday after the company reported lower-than-expected quarterly sales despite spending more on advertising and cutting prices to spur enough demand.
The world’s largest toothpaste maker said …
An audit report by the Auditor General has revealed gross irregularities in the auctioning of state properties at the Ministry of Food and Agriculture (MoFA) and the Ghana Health Service (GHS).
According to the audit, which was for the …
The Public Accounts Committee of Parliament (PAC) has recommended to the Ghana Auctioneers Registration Board to suspend the license of Mr Alexander Adjei of Alex Mart, and re-examine his competence before granting him license to operate i…
Ambassador William Hanna, the Head of European Union Delegation to Ghana, has urged Ghanaian exporters to add value to their products in order to attract lower tariffs on the European market.
He said Ghana’s exports to the European Unio…
Business persons in the districts of the Upper East Region on Thursday urged the Ghana Revenue Authority (GRA) to establish revenue offices in the districts to enable them pay their taxes frequently and on time.
They made the appeal whe…
The joint Economic Partnership Agreement (EPA) between Ghana and the European Union on Wednesday in Accra started deliberations to adopt rules of procedures for effective implementation of the agreement.
The EPA was ratified by the Parl…
The drive for a successful and productive agriculture sector is hinged on the adoption and proper adaptation of agriculture technology driven by education and research, an expert from Israel has said.
According to Mr Oded Halamit, Actin…
The UK economy expanded by a better-than-expected 0.5% in the last three months of 2017, official figures say.
Economists had expected a 0.4% expansion in the three months to December.
However, the Office for National Statistics (ONS…
KLM officially welcomed a Scottish bagpiper, Rory Monaghan to Ghana as part of Caledonian Society of Ghana’s preparations toward the celebration of “Calsocs Burns Supper”.
The event will take place on January 27, 2018, at the residence …
The Bank of Ghana (BoG), says credit to the private sector by banks grew steadily from 6.8 per cent in August 2017 to 12.8 per cent in December, on year-on-year basis, reflecting recovery from the slack in the first half year.
“The grad…
Sales of new U.S. single-family homes fell more than expected in December, recording their biggest drop in nearly 1-1/2 years, likely as the boost from the replacement of flood-damaged houses in parts of the South affected by hurricanes fa…
Caterpillar Inc’s profit trounced forecasts for the seventh straight quarter on Thursday as buoyant global demand from construction, mining and energy industries drove a 35-percent surge in equipment sales.
Caterpillar said it saw “posi…
Two Canadian marijuana growers are hoping to get high on profit after agreeing to merge and create a $6bn (£4.2bn) company.
Aurora Cannabis is buying smaller pot producer CanniMed Therapeutics after a far-from-mellow takeover battle bet…
An energy sector policy analyst, Dr Steve Manteaw, has urged Ghanaians to be cautiously optimistic about the recently signed oil contract between Exxon Mobil Corporation (ExxonMobil) and the government.
He said although the terms …
The Ghana Cocoa Board (COCOBOD) has described as untrue media reports that cocoa bean importers in Japan have rejected cocoa exports from Ghana after detecting a foreign chemical in a consignment.
The board said although the chemi…
The total asset base of banks increased to GH¢93.2 billion in December 2017, indicating an annual growth of 12.8 per cent compared with the 30.4 per cent growth recorded in 2016, the Bank of Ghana has said.
The central bank explained th…
The Supreme Court has slated March 14 to rule on a review application filed by Standard Bank Offshore Company Limited in a matter relating to the dismissal of a 60 million dollar judgment debt entered against the National Investment Bank (…
Bitcoin was envisioned as a “peer-to-peer electronic cash system” in Satoshi Nakamoto’s original 2008 white paper, and one of its biggest appeals was frictionless international payments. Bitcoin promised shorter transfer times and lower tr…
The UMB has called on its numerous customers and the public to watch out for its latest product to be launched this year on the market.
Mr John Awuah, the Chief Executive Officer of UMB, said: “the UMB mobile app is not like some apps …
The nationwide Digital Terrestrial Television (DTT) switch will commence in March this year, the Ministry of Communications has revealed.
A Deputy Minister of Communications, Mr George Nenyi Andah, made the announcement during the offic…
The fourth edition of Ghacem’s Quarry Life Awards (QLA) Campaign, has begun with the finalists keen on embarking on transformational projects.
The QLA Campaign, organised by the HeidelbergCement (HC) and its subsidiaries across the glob…
Millennials may be the most connected generation yet, but that doesn’t mean they’re the smartest when it comes to keeping their data safe. According to a new report by cybersecurity firm Symantec (SYMC), makers of Norton antivirus software…
Kleenex-maker Kimberly-Clark has said it will close or sell 10 manufacturing plants and cut at least 5,000 jobs - about 12% of its workforce.
The move comes as the Texas company struggles to lift sales. In the fourth quarter of 2017, sa…
The devastating fall armyworm which has destroyed large tracts of farms in the country cannot leave Ghana as they have come to stay, the Director of Pest and Diseases Management of Plant Protection and Regulatory Services Directorate of th…
About 745,000 jobs were created in the agricultural sector value chain under the Planting for Food and Jobs programme last year, the Minister of Food and Agriculture, Dr Owusu Afriyie Akoto has said.
The figure includes the 202,00…
Young Civil Engineer, Shamiso Kumbirai, at global engineering and infrastructure advisory company Aurecon, has been chosen to represent Southern African youth at the World Economic Forum (WEF), which is taking place in Davos on 23 – 26 Jan…
Dangote’s Multi-Million Naira Unibadan Business School Ready Soon This venture is part of a N2 billion investment by the Aliko Dangote Foundation, across various institutions, in support of Tertiary education in Nigeria.
Foremost entrep…
Telecom company, AirtelTigo, says it aims to provide superior customer experience with improved network coverage, which creates a meaningful differentiation from its competitors.
“Through our combined network, we will offer wider and im…
Cargo Tracking Notes (CTN) Ghana Ltd has assured importers and their clearing agents that its new advanced cargo information system will not come with additional costs.
A Management Consultant, Mr Geoffrey Nyarko Cole, at a forum with m…
Bank of Ghana kept its benchmark interest rate unchanged at 20 per cent on Monday, citing the need to keep inflation within its medium-term target of 8 per cent plus or minus two percentage points.
Governor of the Bank, Dr Ernest Addiso…
The UMB, will this year, partner strongly with the Ghana Journalists Association (GJA) to organise a media workshop, as part efforts to build the capacity of journalists, especially business reporters.
Mr John Awuah, the Chief Executive…
Kumasi City Mall, the Ashanti Region’s most fancied destination for affordable one-stop shopping and recreation, has added another attraction to its irresistible menu of entertainment – Ghana’s first ever world class ‘Watch-and-Dine’ Cinem…
Investors are getting a high-octane way to bet on or against the stock market’s technology leaders.
A new product aims to let investors triple the return of 10 stocks, including the so-called FANG stocks - Facebook Inc (FB.O), Amazon.co…
info@businessghana.com
