Billionaire David Koch, a major donor to the Republican party, has died aged 79, according to family sources.
The former majority owner of Koch Industries was ranked by Forbes below brother Charles as the 11th richest person in the worl…
The Ghana Revenue Authority (GRA) Taskforce on Thursday confiscated assorted beverage products without Excise Tax Stamps affixed on them in Accra.
The products are red bull energy drink, coca cola zero sugar, canada dry drink (beer), an…
GLICO General, non–life insurance provider and subsidiary of GLICO Group, was adjudged the Personal Line Insurer of the Year 2018.
A release issued in Accra said the company won the award with Home Owners Insurance Package at the 2018…
Customers of the Women’s World Bank (WWB) in Tema Community One, have stormed the bank to demand their deposits following the revocation of its licence by Bank of Ghana.
The WWB is one of the 23 insolvent financial institutions which …
A directory for businesses and non-profit organisations (NGOs) has been developed for the African diaspora to promote economic and social relations for shared benefits.
Dubbed, International Black Book (IBB) and scheduled to be launch…
China is set to impose a tariff of up to 10% on $75bn of goods imported from the US in a move that will increase tensions between the two superpowers.
Agricultural goods, crude oil and small aircraft are among the products being targete…
The Ghana Tourism Authority, under the auspices of the Ministry of Tourism, Arts and Culture, has organised an African American business summit to discuss potential investment opportunities for Africa's development.
The summit also aime…
The Ghana Cocoa Board (COCOBOD) has advised the public to ensure that discussion on the cocoa sector and in particular, the producer price paid to cocoa farmers for their produce, were guided by facts and not sentiments.
In a response t…
Pharmanova Ghana Limited has pledged its commitment to manufacturing and delivering innovative and high-quality products which include a broad portfolio of prescription as well as “over the counter” (OTC’s) medical products.
Speaking to…
A former Deputy Governor of the Bank of Ghana (BoG), Dr Johnson Asiamah thinks that some savings and loans companies have collapsed because of how the cleaning up of the banking sector was done.
In a radio interview with Accra based Joy…
Ghana was able to sell only 162.1 million cedis ($30 million) of 20-year bonds with a yield of 20.2 per cent, well short of its target of raising 450 million cedis, Bloomberg reports.
According to the Bloomberg report, Ghana offered deb…
The Management of West Hills Mall says negotiations are underway for a new and exciting replacement of tenants who are expected to open in time for the Christmas festivities.
In a statement, the Centre Management denied the mall risked …
The UK has signed a "continuity" trade agreement with South Korea, allowing businesses to keep trading freely after Brexit.
International Trade Secretary Liz Truss signed the agreement with her South Korean counterpart Yoo Myung-hee in …
HSBC and Standard Chartered have taken out newspaper adverts in Hong Kong condemning the violence in the Asian financial hub.
In the adverts, the banks also called for a peaceful resolution after more than two months of political unrest…
Oil exploration company Tullow Ghana is to engage the government on securing more rights within its development and producing areas (DPA) as part of efforts to ramp up production in the country.
The move, which follows a failed bid to …
In 2003, the Government of Ghana launched the ICT4AD Policy that documents how ICTs can be incorporated into various sectors of the economy for the development of the country.
The policy, which is in five phases, is geared at educating…
After almost six years of emotions-laced negotiations and tedious ground work, the Africa Continental Free Trade Agreement (CFTA) came into force in May this year, when The Gambia emerged the crucial 22nd member of the African Union (AU) t…
Mr Emmanuel Kofi Nti, Commissioner General of the Ghana Revenue Authority (GRA) has called on officers of the Authority to consider as "divine", the concept of taxation, and render services with the spirit of godly sacrifice.
He said ta…
The National Lottery Authority (NLA) said, it has completed the Registration and Licensing Processes for all illegal Lotto Operators that paid up the prescribed fees to the Authority to be issued with licenses to retail lotto products in G…
The Integrated Management System (IMS), one of the largest African American firms in the United States has donated 100 litter bins worth 15,000 dollars to the Ministry of Sanitation and Water Resources (MSWR).
Mr Wahab Essuman, the loca…
A two day workshop on the production of hybrid seeds and to introduce seed producers to high yielding new hybrid maize seed by the West Africa Centre for Crop Improvement (WACCI) at the University of Ghana, has started at Koforidua.
The…
Mr Joe Ghartey, the Minister of Railway Development, has urged stakeholders to avoid politicising issues concerning the sector and rather support the good initiatives aimed at revamping it.
He said the Government had put in measures to …
Mr Ignatius Baffour-Awuah, the Minister of Employment and Labour Relations, says the emergence of artificial intelligence and technological advancement into the work environment will invariably result in loss of traditional jobs.
He sai…
The benchmark index advanced for the second consecutive session, up 4.93 points (+0.21%) due to gains in banking stocks to close at 2,296.66 with a -10.71% year-to-date return while market capitalization increased by 0.09% to settle at G…
Ghanaian consumer confidence shoots up by 10 points
Marginal increase in Nigerian consumer confidence, but sentiment still positive
Ghana's latest Consumer Confidence Index (CCI) for the second quarter of 2019 shows an extremely heal…
GCB Bank Ltd has donated GH¢20,000 in support of the 2019 Teachers’ Awards Scheme.
The Bank’s assistance is in line with its corporate social responsibility towards the education sector of the country.
The cheque was presented by the…
kwik verifies its customers through mobile phone OTP as well as email verification
Just two months after its launch in Lagos, the kwik Delivery (Kwik.delivery) platform reached 2000 verified customers and is already well on its way towa…
Two community football coaches, one male and one female, will attend an exclusive training programme with Arsenal Football Development coaches in London
Arsenal and online money transfer service, WorldRemit (WorldRemit.com), are offerin…
African enterprises awarded for innovation, business transformation, fast delivery and talent management success using SAP technologies at gala event.
African enterprises are excelling in their efforts to establish Intelligent Enterpris…
While the country sits on over 3.5bn of proven oil reserves, the third largest in sub-Saharan Africa, 70% of its territory remains under-explored
In what has become a remarkable month for exploration in Africa, a CNPC-led consortium has…
The conference presented an opportunity to share and exchange information and discuss new scientific findings related to fisheries and coastal management
The Ministry of Fisheries and Aquaculture Development and the Fisheries Commission…
African Energy Chamber to Conduct Working Visit in Beijing and Discuss Energy Deals with Chinese Investors
The visit aims at further introducing the Chamber to the Chinese market following a series of roadshows organized in China by the…
The Chamber of Bulk Oil Distributors (CBOD) has revised the benchmark foreign exchange (FX) forward from 60 days to 30 days (60-days forwards rate to 30-days forwards rate).
The revision was expected to translate into a two per cent and…
The apex body for rural and community banks (RCBs), the ARB Apex Bank, says it is guiding the community-based banks to recapitalise to GH¢1 million by February 2020.
The move is in line with the Bank of Ghana’s (BoG) directive to the ba…
UK tech companies secured a record £5.5bn in foreign investment in the first seven months of this year, research shows.
This was more than the amount invested per capita in the US tech sector in the same period, the Department of Digita…
The High Court in Dublin has blocked a proposed strike by Ireland-based Ryanair pilots on Thursday and Friday.
Ryanair's lawyers in Ireland told the court that the pilots union, which represents around 180 Ryanair pilots, had not let ta…
The FTSE 100 has extended earlier gains and is now ahead 1.1% at 7,209.87.
In Germany, the DAX is up 1% and in France, the CAC-40 index has climbed 1.4% higher.
Investors are looking ahead to the minutes from the US Federal Reserve J…
Standard Chartered Bank Ghana Limited has announced the appointment of Ebehijie Momoh as Head of Retail Banking.
A press release issued to announce the new appointment said Ebehijie replaces Henry Baye who has been appointed Chief Exe…
The Peasant Farmers Association of Ghana (PFAG) has called on government to channel the subsidized fertilizers through farmer groups and associations for subsequent distribution to members to avoid smuggling.
The Association called on a…
Professor George Gyan-Baffour, the Minister of Planning, has re-affirmed Government's commitment to utilise the strategic resources of the country to facilitate industrial transformation and stimulate socio-economic development.
He said…
Mr Joseph Amoah, the District Chief Executive of Shama, has reiterated government's commitment to creating the enabling environment for the growth of businesses across the country.
He said the industrialisation of Ghana's economy for so…
The Aviation Ministry has launched the Western Regional Partnership of Aviation and Tourism (Aviatour Conference) in Takoradi to promote local travel and tourism.
Mr Joseph Kofi Adda, the Aviation Minister, in a speech read on his b…
The Progressive Scraps Dealers Association of Ghana (PROSDAG), an association of scraps dealers based in Kumasi, has appealed to the government and the Ministry of Trade and Industry to as a matter of urgency, lift the ban on scraps export…
For the Africa Continental Free Trade Area (AfCFTA) to succeed, countries must ensure that Technical Barriers to Trade (TBT) become stepping-stones rather than obstacles, Professor Alex Dodoo has said.
TBT Agreement aims to ensure that …
The 2019 Gartner. Inc. “Hype Cycle for ICT in Africa” features three technologies that will have a transformational impact on businesses in Africa within the next 10 years.
They are smart city frameworks, the Internet of Things (IoT) an…
pushed the GSE Composite Index up by 1.15 points (+0.05%) to close at 2,291.74 with a -10.90% year-to-date return while market capitalization increased by 0.02% to settle at GH¢57.28 billion.
Stocks in the GSE Financial Index traded 1…
Announcement comes ahead of the 5th Global Business Forum on Africa, taking place on November 18th-19th 2019 in Dubai
Business leaders from the UAE and Africa to mentor high-potential startups as they build their businesses and target n…
We have taken note of the statement issued on August 16, 2019 by the Bank of Ghana. The notice unfortunately contains a number of factual inaccuracies and misrepresentations. The statement creates a false impression of the chain of event…
The project forms part of Equatorial Guinea’s regional LNG2Africa initiative which seeks to drive gas monetization through in-country gas-to-power projects
Located at the Port of Akonikien, the landmark regasification plant will enable …
President Donald Trump has confirmed he is considering a new, temporary payroll tax cut to help boost the US economy.
White House officials had earlier dismissed reports that the administration was discussing the move.
But speaking t…
