Are you always engrossed with work and a busy schedule, making it simply impossible to get yourself, your besties or that dear family member a meal that requires an in-person? Or perhaps you are the kind that loves to snuggle in bed over t…
The Absa Group Board and the Group Chief Executive, Daniel Mminele have come to an agreement pursuant to which he has stepped down as a director and Group Chief Executive and will be leaving the group with effect from 30 April 2021. The pa…
In Senegal, 9 out of 10 workers are paid in cash. Most are temporary workers and excluded from health insurance. A survey revealed that 77% of temporary workers would be willing to receive their wages digitally if this gave them access to …
Weekly Highlights
• Consumer Price Inflation unchanged at 10.3 percent
• Interest rate for 182-Day T-Bill slashed by 8 basis point, as rate moderation persist.
• GSE equity indices resumed uptrend, on the back of 4 advancers.
• Gh…
Younger people continue to bear the brunt of the jobs crisis amid widespread cuts in sectors such as hospitality, official figures show.
In the year to March, 811,000 payroll jobs were lost in the UK, with under-35s accounting for 80% o…
The German Development Cooperation in partnership with COGNOS International, has commenced a 10-day training programme for 60 Ghanaian-owned Small and Medium-sized Enterprises (SMEs) to boost their capacity for the international market.
…
The Chartered Institute of Supply Chain Management (CISCM) – Ghana has commended Tema Tank Farm Limited, a petroleum storage management company, for upholding quality standards in the petroleum supply chain and general operations.
The I…
Creditors of AirtelTigo will be settled all outstanding debts by government in the short to medium term.
This is the assurance of Minister for Communications and Digitalization, Ursula Owusu-Ekuful
Her assurance follows the recent ta…
The coming establishment of a tax court should greatly aid government’s efforts at meeting its Domestic Non-oil Tax Revenue for 2021. That’s according to a tax analyst.
According to the 2021 budget, Total Revenue and Grants for this yea…
The Chartered Institute of Supply Chain Management (CISCM) has lauded government's efforts at promoting electronic governance (E-egovernance) to enhance Ghana's industrial revolution.
"As a nation, I am happy to observe that we are head…
Supply Chain Management will be key in the implementation of the African Continental Free Trade Area (AFCFTA) agreement.
This is an assertion by the President of the Chartered Institute of Supply Chain Management, Richard Obeng Okrah.
…
Rice sellers in the Asene Manso Akroso District of the Eastern Region have expressed dissatisfaction about low patronage of locally produced rice and have called on Government to take deliberate action to promote its consumption.
Scores…
Ghana received a total of 279 Foreign Direct Investment (FDI) projects valued at US$2.7 billion in 2020 despite the COVID-19 pandemic.
The projects will go into areas such as manufacturing, services, building and construction, agricultu…
The International Monetary Fund (IMF) says it is more important now than ever, that Ghana balances its developmental spending needs against the rate of debt accumulation by the country.
Ghana’s debt to GDP ratio crossed the dreaded 70% …
The Agricultural Development Bank (ADB) has presented 150 bags each of sugar and rice to the Muslim community in support of this year’s Ramadan.
A media release issued by the Bank in Accra said some of the items were presented to the Na…
The Ghana Export Promotion Authority (GEPA) has partnered two international bodies to equip exporters and companies in the export trade business with the relevant skills to face emerging challenges.
The authority collaborated with the I…
The Minister of Trade & Industry, Alan John Kyerematen is advocating for increased trade relations between Ghana and Canada to improve the trade volumes between the two countries.
Ghana and Canada have enjoyed close bilateral relations …
India-based AFCONS Infrastructure Limited, the company constructing the Tema-Mpakadan rail line has revealed that since the commencement of the project, about 100,000 Ghanaians have been engaged.
Vice President at AFCONS Infrastructure …
Africa World Airlines, on Thursday, April 15, 2021, received a rousing welcome at the Ho Airport as the airline test flew the route ahead of the commencement of commercial flights to the Airport.
The company is set to start plying the r…
Latest data released by the Ghana Statistical Service (GSS), indicates that the national year-on-year inflation rate for March 2021 was 10.3 percent.
However, month-on-month inflation between February and March was 0.9%.
Overall …
Citigroup is closing its consumer banking operations in 13 markets across Asia, Europe and the Middle East.
The US banking group will instead run these operations from four hubs in Singapore, Hong Kong, the United Arab Emirates and Lond…
Two key European Parliament committees have overwhelmingly approved the UK's post-Brexit trade deal with the EU, bringing its ratification closer.
The wide-ranging EU-UK Trade and Co-operation Agreement was clinched on 24 December. It i…
The European Union (EU) is threatening to ban cocoa from Ghana if the negative impact of illegal mining on the country’s environment persists.
Making a presentation at the ongoing National Consultative Dialogue on Small Scale Mining in …
The Ghana Export Promotion Authority, in collaboration with the International Trade Centre (ITC) and the Institute of Export and International Trade (IoE&IT), on Thursday launched its maiden Diploma in International Trade Modular Programme…
Mr. Augustine Jirapa, the managing director of Assinman Rural Bank Limited has appealed to Ministries Departments and Agencies (MDs) to create an enabling environment for Rural and Community Banks (RCBs) in the country to help deepen finan…
Ghana has signed an agreement with cocoa and chocolate companies to accelerate collaboration to protect and restore forests in cocoa-growing areas.
With the agreement, the World Cocoa Foundation (WCF) and the Forestry Commission of Ghan…
The National Road Safety Authority (NRSA) has stated that there has been a 14.8 percent increase in the number of deaths from road crashes this year, compared to the first three months of 2020.
“Road traffic crashes over the period from…
The Volta regional capital, Ho and some key areas in the region are witnessing the installation of community WIFI services by Bluetown Company Limited, a hi-tech telecos entity to boost digitisation and internet connectivity in rural Ghana…
The Government of Ghana and the parent companies of AirtelTigo, Bharti Airtel Ghana Holdings, MIC Africa B.V, have concluded negotiations and signed an agreement to transfer the shares of the Company to the Ghana Government.
The agreeme…
Mr Prince Lamptey Tetteh, the Chief Executive Officer (CEO) of the Pribet shopping Mart of Pribet group of companies on Tuesday bemoaned high import duties on items brought into the country particularly, food items.
He said prices of im…
Telecoms giant MTN Ghana says there is no turning back on its new policy requiring valid identity documents of customers to complete cash-out transactions on its popular mobile money service, MTN MoMo.
That decision was not taken lightl…
The Government of Ghana and the parent companies of AirtelTigo, Bharti Airtel Ghana Holdings B.V. and MIC Africa B.V have concluded negotiations and signed an agreement to transfer the shares of the company to the Ghana Government followin…
The Association of Oil Marketing Companies says the introduction of the National Retail Outlet Fuel Monitoring System is a game-changer in sanitizing the sector.
According to the association, this will help rid the system of non-complia…
Mr Peter Seidu Kaadaare, the Assembly Member for the Gbache Electoral Area in the Wa West District, has appealed to the district agricultural directorate to provide extension services for farmers in the Electoral Area as rains set in.
T…
Stakeholders in the vocational, technical skills and creative arts industry in the Kwadaso Municipality have been urged to work hard in unity to promote the growth and expansion of their businesses.
Dr Kingsley Nyarko, Member of Parliam…
The Works and Housing Minister, Francis Asenso-Boakye has decried the country’s perennial housing problem.
According to him, over 60 percent of the Ghanaian populace is unable to own their own homes without support from government.
A…
Market Summary
The benchmark index advanced by 3.11 points (+0.14%) due to upward price movements in Cal Bank (+7.81%) and Fan Milk (+0.91%) to close at 2,305.10 with a year-to-date return of 18.72%. The market capitalization was up…
Allianz Insurance, a subsidiary of global insurance giant, Allianz Group has announced a partnership with UBA Ghana to drive an innovative bancassurance strategy.
Through the partnership, over 20 branches of UBA spread across the countr…
China's economy grew a record 18.3% in the first quarter of 2021 compared to the same quarter last year.
It's the biggest jump in gross domestic product (GDP) since China started keeping quarterly records in 1992.
However, Friday's f…
Africa World Airlines (AWA), a private airline operator, yesterday organised a historic test fight from the Kotoka International Airport (KIA) in Accra to the newly completed Ho Airport in the Volta Region.
The 50-capacity Embraer-145 a…
The “SDG Investment Platform” has been launched to provide market intelligence on investment opportunities in Ghana and beyond.
The Ghana Investment Promotion Centre (GIPC), joined the United Nations Development Programme’s (UNDP) SDGs …
The year-on-year inflation rate for March 2021 was unchanged at 10.3 percent.
The month-on-month inflation between February 2021 and March 2021 was 0.2 percent.
Professor Samuel Kobina Annim, the Government Statistician, said the yea…
The Insurance industry paid GHC196 million corporate tax to the government in 2019, Madam Justina Owusu-Banahene, the Bono Regional Minister announced on Wednesday.
The industry provides direct employment and livelihood to more than 12,…
The Ministry of Finance says Ghana continues to be categorised as a 'Lower-Middle Income Economy' based on widely-recognised classification of the World Bank and the United Nations.
The Ministry, in a statement by its Public Relations U…
The Alliance for a Green Revolution in Africa (AGRA), has held an inter-country networking and advocacy meeting in Accra, to facilitate dialogue among women agribusiness leaders and industry actors to enhance their participation.
The …
“The AfCFTA is a major tool to transform the African economy and this transformation could be accelerated if women and gender issues are made central and incorporated in national AfCFTA strategy documents for implementation. It is our coll…
Banking Consultant, Nana Otuo Acheampong has urged banks to work assiduously to satisfy the six minimum criteria set by the Bank of Ghana as preconditions for the payment of dividends to their shareholders.
The Central Bank in a new not…
MTN Mobile Money Limited has introduced an additional security feature that allows its agents to verify the identity of customers who come to withdraw money with ID cards.
This comes after agents across the country had their SIM cards b…
Market Summary
The benchmark index edged upward by 0.64 points (+0.03%) on the back of Total Petroleum (+1.59%) and Fan Milk (+0.92%) to close today’s session at 2,301.99 with a year-to-date return of 18.56%. The market capitalization was…
Kia Corporation and Total Lubrifiants have renewed their global partnership (*) in March 2021 for 5 years. Total Lubrifiants continues to be the recommended partner of Kia Corporation for the sales of lubricants in the dealership networks …
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