The Chamber of Independent Power Producers, Distributors and Bulk Consumers (CIPDiB) has congratulated the Electricity Company of Ghana (ECG) for its significant jump in the revenue collection in the first week of December.
The ECG last…
Mrs Beatrice Serwaah Derkyi, Ejisu Municipal Chief Executive, has called on youth in the area to take advantage of the various initiatives introduced by government in the agricultural sector to uplift themselves from poverty.
She said t…
The Nkoranman Rural Bank has provided loans totalling GHC 574,100.00 to farmers in the Tain District of the Bono Region to strengthen and sustain government's flagship Planting for Food and Jobs programme (PFJs) in 2018.
Again, the Bank…
The Sunyani West Municipal Directorate of Agriculture is working with farmers to enhance mobility and numbers for improved agricultural productivity in the Municipality, Mr Martin Obeng, the Municipal Chief Executive (MCE), has said.
He…
The Tony Elumelu Foundation (TEF), Africa's leading philanthropy dedicated to empowering African entrepreneurs will begin accepting applications for the 2020 cohort of the TEF Entrepreneurship Programme, from January 1, 2020.
A statemen…
The Development Institute (D.I), a Non-Governmental Organisation, passionate about empowering people and communities for sustainable development has trained 25 women and some young persons from Keta Municipality and South Tongu District in…
Mr Tewolde GebreMariam, Ethiopian Airlines Group CEO, has been recognized as 'Airline Executive of the Year' at the annual Global Aviation Awards for Excellence organized by Centre for Aviation (CAPA) in Malta.
Mr Tewolde won the title…
Ghana's economic growth has been strong over the past decade, with annual GDP per capita growth at an averagely 4.4 percent between 2006 and 2017.
Growth however has been heavily concentrated in the natural resources and commodities sec…
It was a time of fun and enjoyment with an atmosphere of appreciation, when AirtelTigo feted premier customers and their partners at an end of year dinner, at the plush Accra City Hotel to thank them for their support during the year.
T…
Shippers and stakeholders in the maritime industry in the Western Region have been sensitised on the implementation of the International Maritime Organisation (IMO) 2020 Sulphur Cap Regulation which comes into force on 1st January, 2020.
…
Director of Domestic Trade at the Ministry of Trade and Industry, Mr Ntim Donkor has said that government is prioritizing the agro-processing sector as part of efforts to develop the country's economy in its attempt to transform the agricu…
Ghana’s determination to become sub-Saharan Africa’s first LNG importer in 2020 is set to become a reality as the Tema LNG terminal project nears completion
In its African Energy Outlook 2020 report launched last month, the African En…
Saudi Aramco's stock rose sharply as the world's biggest share listing got underway in Riyadh, rising 10% above the initial public offering price.
Last week the oil giant, which produces more than a tenth of global crude supply, raised …
Vodafone Cash and StarLife Assurance have collaborated to launch what has been described as an industry-first insurance policy to strengthen their loyalty offering for their customers.
It will among other things help increase customer …
Investment tips for the Coming Year.
With investor confidence currently at an all-time low, making a good investment decision has now become a herculean task. Considering the news regarding numerous failed ‘’investment schemes and fund …
The GSE Composite Index was up 48.10 points (+2.20%), advancing for the sixth consecutive session due to gains in three banking and telecom counters to close at 2,236.47 with a -13.05% year-to-date return while market capitalization incr…
Barclays Bank, a market leader in agribusiness lending, says agriculture will continue to be an important focus area as it changes its name to Absa in February 2020. The 2017 Best Bank in Agribusiness Finance in the Rice, Maize and Soya va…
Fenix’s high-quality solar home systems and strong distribution network allow distributed rural households to access warrantied products and accompanying after-sales service
Next-generation energy company Fenix International (FenixIntl.…
It has emerged that Crane Currency, a currency and security printing company in the United States of America (USA), printed the newly introduced GH¢200 and GH¢100 banknotes for the country.
Information available to the GRAPHIC BUSINES…
Ghana loses more than one tenth of its top four cereals produce to post-harvest losses (PHL) every year due to impediments along the entire value chain.
In 2014, the combined losses in rice, maize, millet and sorghum from the point of h…
Mr. Alfred Amoah, Bibiani – Anhwiaso – Bekwai Municipal Chief Executive (M.C.E) has said that a Plantain Processing Factory, under the government's One District, One Factory, (1D 1F) was under construction at Subri – Nkwanta.
He said, t…
Petrosol, a leading privately-owned Ghanaian oil marketing company, has been adjudged the Rising Star in Ghana’s energy sector.
The company received this award during the recently held Ghana Energy Awards. This is in recognition of th…
Mr Isaac Adonteng, the Eastern Regional Manager of the Forestry Commission has called on Senior High Schools (SHS) to establish woodlots in their schools.
He said the woodlots could be use as firewood and charcoal to serve as fuel in …
The French Development Agency (AFD) is to provide about USD30 Million through the African Guarantee Fund for Small and Medium-Sized Enterprises (AGF), to improve access to credit to small and medium-sized enterprises (SMEs) throughout Afri…
Weekly Highlights
2-Year T/Note raised by 145 basis points.
Market indices upped their values on reduced selling pressure in some blue-chip stocks.
Ghana Cedi depreciated against all three major trading currencies.
Global equit…
The benchmark index closed positive, gaining 26.32 points (+1.22%) to open the week at 2,188.37 with a -14.92% year-to-date return on the back of upward price movements in Standard Chartered (+14.29%) and Total Petroleum (+0.32%) while m…
Fred Swaniker, founder and CEO of Africa Leadership Group, to open the 2020 Africa Shared Value Leadership Summit
Summit brings business leaders together to talk transforming Africa
“By 2030, Africa will have a larger workforce than …
It is quite phenomenal how in recent years, both ecommerce players and retailers have used Black Friday to sweep thrifty shoppers off their feet. So much that the shopping event is no longer restricted to a single-day shopping spree but ha…
Improve the Business Environment to Drive Industrialisation and Wealth Creation in African, Caribbean and Pacific Countries, Elumelu Tells ACP Presidents in Kenya
Tony O. Elumelu, CON, Founder of the Tony Elumelu Foundation and Chairman…
The aim of the index is to provide an assessment of the extent to which businesses across Africa find trading across borders in Africa challenging, and to identify the main barriers to trade
Over the course of two days, Pan-African Trad…
Teranga Gold to Acquire High-Grade Massawa Gold Project, Accelerates Repositioning as Low-Cost, Mid-Tier Producer
Massawa to transform neighbouring Sabodala into top tier complex, and extend mine life with higher grade(1)
CDN$140 mil…
African Development Bank’s Fashionomics Africa launches “game changing” digital marketplace for the continent’s fashion creators
The aim is to connect suppliers, buyers, manufacturers and distributors to consumers and investors - to inc…
The US economy added the largest number of jobs for 10 months in November, confounding economists' expectations of a slowdown.
Official data showed employers added 266,000 jobs last month, while the jobless rate dipped to 3.5% from 3.6%…
The second phase of the expansion works of the Tema port is progressing steadily, with the handing over of the water front of the third new berth.
The new stretch of waterfront is being delivered seven months ahead of the scheduled co…
Mr Mohammed Mahamud of Oxfam Ghana says it is important to address the growing social and economic inequalities to avoid tension and other social ills.
He said majority of Ghanaians still struggled to have access to quality social servi…
The UK's biggest retailer, Tesco, is considering a retreat from markets in Asia with the sale of its profitable operations in Thailand and Malaysia.
Analysts say the 2,000 stores, which operate under the Tesco Lotus brand, could be wort…
The Deputy Eastern Regional Minister, Mr Samuel Nuertey Ayertey, has commended the Lower Manya Krobo Municipal Assembly for supporting women farmers in the Municipality with farming inputs.
He said this would encourage more women to go …
The Ghana Exim Bank has given approval for funds for the development of the biggest poultry industry in the Akuapem South District of the Eastern Region.
Mr O. B. Amoah, the Deputy Minister of Local Government and Rural Development, and…
Ghana, under the auspices of its Ministry of Trade and Industry, will from today, start hosting a series of meeting for African Trade Ministers and Senior Trade Officials to advance the cause of the African Continental Free Trade Area (AfC…
Customers at various Shell service stations in Ghana were given special treatment when management and staff of Vivo Energy Ghana, the Shell licensee, embarked on its annual Customer Contact Day to thank customers for their loyalty througho…
The aim of the award-winning Wheel Swap virtual reality experience – part of Ford’s Share the Road campaign
More than 35 drivers from consumer delivery firm Hermes participated in the training at one of the firm’s London depots.
Sha…
The continent’s traditional development partners – the EU, China and the US – are facing increasing competition on the ground from new players, such as Russia, the Gulf states and Turkey
African markets will become increasingly attracti…
The judging panels were impressed by Ecobank’s sound management, business model and strategic initiatives as well as its pioneering technology
Ecobank (Ecobank.com) wins “Bank of the Year” and “Best Bank” at The Banker and EMEA Finance …
Market Performance
Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Losers
Market Summary
The benchmark index was upbeat this week, advancing by 24.13 points (+1.13%) to…
Continent is home to some of the world’s fastest growing fintech hubs
Supportive business ecosystems having an effect – South Africa has five fintech cities in the index
Four African cities are in the top 100 fintech hubs globally
…
Finland's pledge consists of a grant element and a concessional loan to be presented next year
Finland will contribute EUR 68.4 million to the replenishment of the African Development Fund (AfDF), which is the concessional window of the…
African Development Bank President wins All Africa Business Leaders Awards ™ 2019 African of the Year award
To follow in the footsteps of my big brother President Paul Kagame of Rwanda, who won the award in 2018, is an honour beyond …
As the brand’s new flagship, Costa Smeralda becomes its first vessel to use liquefied natural gas, an industry innovation that significantly reduces environmental impact. The first cruise will depart from Savona on December 21, 2019.
Co…
New Jaguar F-TYPE R gains 423kW supercharged V8 for 0-100km/h in just 3.7 seconds and an uprated chassis with new springs, dampers, anti-roll bars, electric power-assisted steering calibration and new wheels and tyres
Carbon Ceramic M…
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