A flagbearer hopeful of the New Patriotic Party (NPP), Dr Owusu Afriyie Akoto, has admonished Ghana and Zimbabwe to immediately scale up trade among themselves under the framework of the African Continental Free Trade Area (AfCTA) conside…
The Chief Executive Officer of the Drivers Vehicle and Licensing Authority (DVLA), Mr Kwasi Agyeman Busia, has disclosed that the authority has now fully integrated its system with the National Identification Authority (NIA).
To this…
The Controller and Accountants General Department (CAGD) has signed and handed over the 2022 National Accounts to the Auditor–General for review and validation, for its report preparation.
The document included the whole of government a…
Transport Minister, Kwaku Asiamah Ofori has announced that a new national Airline will begin operation in June.
Ghana Airlines as it will be called will fly to the UK and USA.
Addressing journalists in Accra, Kwaku …
Standard Chartered Bank Ghana PLC has appointed Albert Larweh Asante as an Executive Director for the bank, effective March 21, 2023.
Mr Asante is currently the Chief Financial Officer of Standard Chartered Bank Ghana PLC.
He joined …
The government is seeking to select a private-sector player for the development and operation of the Keta Port by the end of this year.
Currently, six firms have been shortlisted to submit request for proposals (RFP) for the project.
…
A project aimed at empowering about 4,000 women and young adults in rural cocoa processing communities in the Ashanti and Western North regions of the country has been launched.
Dubbed: “TogetHER”, the over $11 million project is t…
The Bank of Ghana has warned the general public to stop using cedi banknotes as bouquets and hampers when gifting people.
It said the currency was issued to be used as a medium of exchange for the purchase of goods and services.
The …
Atlas Copco Power Technique and Airlif Compressors & Pumps have collaborated to supply ultra-tough and reliable U110PACE air compressor units for demanding opencast mine projects across Mpumalanga, South Africa.
Atlas Copco Power Techni…
Absa’s leading role in sustainable financing supports move towards zero emissions as the Group makes significant strides in meeting renewable energy loan targets.
Absa Group, Africa’s largest funder of renewables, announced today its lo…
Senegalese entrepreneur Fatou Diouf is one of 1,000 youth selected from 21,000 applicants for the African Development Bank’s (www.AfDB.org) Digital Ambassadors program (https://apo-opa.info/3G3kuTu). The program, which aims to achieve a 50…
Vodafone Ghana has announced an expansion of its national roaming service partnership with MTN, to improve connectivity for customers throughout the country. The initiative, which initially began with a pilot program last year, has been ex…
Located within a short distance from the famous Aswan Dam, the Temple of Philae, on the islet of Aguilkya, immerses visitors in the history of ancient Egypt. Dedicated to the protective goddess Isis, its bas-reliefs and murals make it an e…
The African Energy Chamber (AEC) (www.EnergyChamber.org) – the voice of the African energy sector – hosted a webinar exploring gender inclusivity and equality across Africa’s energy industry and the best practices to maximize female partic…
A former Managing Director of Stanbic Bank, Naa Alhassan Andani, has called for the need to create economic clusters that will provide the required infrastructure and financing to explore the industriousness of people, particularly, in Zon…
The Ghana National Chamber of Commerce and Industry (GNCCI) has said that the recent increase of the policy rate to a historical high of 29.5 per cent will worsen the plight of businesses in the country.
The chamber expressed concern th…
The Electricity Company of Ghana (ECG) is set to issue a timetable to guide consumers, as gas supply to some power plants will be impacted for the next two weeks due to the Atuabo Gas Processing Plant in the Western Region being shut down.…
Tax Consultant, Dr Abdallah Ali Nakyea, has slammed the government for the continuous introduction of taxes stating that instead of widening the tax net the government is rather deepening the tax net on already overburdened ta…
FBNBank has given further meaning to its commitment to empowering the youth by collaborating with the University of Ghana Career & Counselling Centre to organise a career week for the students.
The week’s activities comprised an industr…
The government fears failing to pass the new tax bills on Friday will jeopardize the country’s chances of a quick economic recovery and Board approval for an IMF bailout (IMF).
Kojo Oppong Nkrumah, the Information Minister, is concerned…
To celebrate women’s impact and support of its operations in different markets, Delta Air lines has brought together women leaders, key stakeholders, and business women in the Ghanaian aviation industry together to share ideas towards maxi…
The Institute for Energy Security (IES) is forecasting a 2% to 5% decrease in fuel prices in the first pricing window in April.
According to IES, Liquefied Petroleum Gas will be the biggest gainer, with a 9% decrease in price.
IES Re…
Former Mayor of Kumasi , Kojo Bonsu, has advised management of the new Kejetia market to immediately stop all traders from cooking within the trading space.
His call comes after fire gutted the new market recently destroyin…
The Ghana Revenue Authority (GRA) will enrol 600 additional businesses onto the electronic Value Added Tax (VAT) invoicing system, popularly known as the "e-VAT", by the end of next year.
The new arrangement will extend the electronic i…
Coastal Auto Tech, a community of engineers at Siwdu garages in Cape Coast and other business professionals in the Central Region have pooled resources together to put up a training centre to add value to skills training in the Central Reg…
The Minister of Lands and Natural Resources, Samuel Abu Jinapor, has said the government’s quest to build an integrated aluminium industry in the country is on course and progressing steadily.
He said that was in line with the Ghana In…
The Bank of Ghana (BoG) has reset the Cash Reserve Ratio on domestic currency deposits for banks from 12 per cent to 14 per cent effective 13th April, 2023.
The Governor of the BoG, Dr Ernest Addison, who stated this at a news conferen…
Nana Dwemoh Benneh, the Chief Executive Officer of the Universal Merchant Bank (UMB), has urged graduates to take advantage of the benefits of digital tools to establish themselves as entrepreneurs.
“Opportunities exist for the diligent…
Newmont Ghana Gold Limited (NGGL) paid GhC2.76 billion taxes to the government in 2022, Mr Samuel Osei, the Communications and External Relations Manager of the Newmont Ahafo South Mine has said.
The multi-national mining company has al…
Newmont Ahafo North Project in the Tano North Municipality of the Ahafo Region has earmarked about US$14 million for resetlement packages, Mr Joseph Danso, the Senior Manager, Sustainability and External Relations of the project, has said.…
More than 900 Micro and Small-scale enterprises have been licensed by the Food and Drugs Authority (FDA) as at the end of December 2022 under the Progressive Licensing Scheme (PLS).
They include 660 food manufacturing facilities and two…
Sheila Wristberg, the Chief Executive Officer of iRisk Management, has been named one of Africa’s 50 Top Women in Management by the Women in Management Awards (WIMA). The recognition was conferred during the 2023 WIMA Gala Dinn…
MTN Ghana has held a digital sod cutting event to announce the construction of the Ghana ICT Hub project. The initiative falls in line with MTN’s Ambition 2025 strategy which is focused on leading digital solutions for Africa’s progress an…
As an African business owner and lawyer, I've had the chance to see how much potential Africa has for the future. One such opportunity I’ve seen on our beautiful continent is the potential that Africa harbors for mining and exporting miner…
United today announced its $5 million investment in carbon capture technology company Svante, who provides materials and technology as part of the value chain that has the potential to convert CO2 removed from the atmosphere and from indus…
A global payment processing system is a network that enables financial institutions to process cross-border payments. It allows for currency exchange between banks and other financial institutions across borders. The system is used by busi…
Germany will support Kenya in its attempt to better penetrate the European Union market.
Chancellor of Germany Olaf Scholz said Kenya is a true friend and stable country in Africa whose economy must be helped to thrive.
“The …
The Tullow Group has indicated that it may not be able to fully repay its US$2.5 billion notes outstanding which will mature in 2025 and 2026.
This is because the group’s Corporate Business Plan does not project sufficient free cash fl…
The Chief Executive Officer of the Universal Merchant Bank, Nana Dwemoh Benneh, has urged university graduates to take advantage of digital tools to establish themselves as entrepreneurs.
Nana Benneh made the comment at the 75th Congreg…
The immediate-past Minister of Agriculture, Dr Owusu Afriyie Akoto, has urged Ghana and Zimbabwe to, as a matter of urgency, scale up trade with each other under the framework of the African Continental Free Trade Area (AfCFTA), considerin…
The Committee tasked to investigate the Kejetia New Market fire has submitted its report to the Kumasi Metropolitan Assembly.
The committee in its report sighted by citinewsroom.com among other things recommended that the epicentre of t…
Fish farming is described as the process of raising fish in a controlled environment for commercial purposes. This form of aquaculture helps to provide a sustainable food source for humans and plays a role in keeping the oceans healthy.
…
Today, Better Cotton – the world’s largest cotton sustainability initiative – will host a multistakeholder event in Abidjan, Cote D’Ivoire to explore the potential for new programmes and partnerships across West and Central Africa.
Taki…
The Odumase-Krobo Circuit Court convicted a man, William Ntow, to a 7-year prison sentence today after he was found guilty of stealing Vodafone telecommunication cables in the area.
The Akosombo District Police arrested Ntow near Sakor…
Kenya has one of the world’s finest human capital, President William Ruto has said.
He noted that the Government will leverage on the “diverse, rich and skilled resource” to further the interests of the country.
“It is among …
At a time when the country is facing a significant energy crisis, the report provides a consolidated overview of the electricity market from consumption to generation to financing.
The African Energy Chamber (AEC) – serving as the v…
The Board of Directors of the African Development Bank (www.AfDB.org) has approved a grant of $28.49 million for Ghana to construct renewable energy infrastructure that will increase its renewable energy use by 10% through 2030.
…
With financial, health and climate shocks threatening to reverse two decades of development progress in Africa, experts have called for urgent concessionary financing to help the continent build resilience and boost economic growth.
…
Exploring innovation coupled with cutting-edge tech is on the up as brands and retailers consider what, when and how to ride the new wave of consumerism in Africa. With the future of digital retail in Africa an exciting and ever-changing l…
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