IFC, a member of the World Bank Group, today announced a $40 million Trade Finance Guarantee facility to Coronation Merchant Bank under its Global Trade Finance Program. This will enable Coronation Merchant Bank to establish and expand cor…
European markets have climbed for a second day on hopes that governments and central banks will intervene to tackle the economic hit of coronavirus.
The FTSE 100 climbed more than 2% in London and there were similar gains on other Europ…
An initiative known as Hub500 with the aim of providing flexible work space and bringing together small scale businesses to network and expand so that they can become sustainable in the Upper East Region has been inaugurated at Bolgatanga.…
Introduction of six-film campaign entitled ‘Just Imagine’ for new Jaguar
F-TYPE, directed by BAFTA-winning director William Bartlett
Films use live action and the highest-quality CGI, allowing you to ‘Just Imagine’ a new…
Global financial integrity finds gap of us$8.8 trillion in reported trade between developing and advanced economies over ten years; states trade misinvoicing is a significant obstacle to sustainable development.
Global Financial Integri…
Marriott International grows footprint In South Africa with the opening of Johannesburg Marriott Hotel Melrose Arch and Marriott Executive Apartments Johannesburg Melrose Arch
First Marriott Executive Apartments and first purpose-built …
Goldman Sachs Group Inc (GS.N) has told its staff that all non-essential business travel should be postponed, according to a memo seen by Reuters.
The “precautionary measures” come as global businesses take more sweeping steps to help p…
As ad rules change, child influencers are looking to convert their YouTube status into something more.
"I thought we had a meeting," says Damian Camarillo, a 12-year-old up-and-coming YouTube star, looking up at his father, Eli.
Mr C…
The Receiver of the collapsed financial institutions, Mr Eric Nana Nipah, has said that more than GH¢745 million has so far been disbursed to about 15,000 customers whose deposits were locked up in the defunct companies.
In a statemen…
MTN Ghana in partnership with Leann Consult, on has launched the University Geek Challenge, dubbed "UniGeek" in Accra to offer students from nine universities the platform to research and present solutions to societal problems with technol…
The 24th Ghana International Trade Fair is underway at the Aliu Mahama Sports Stadium in Tamale, the Northern Regional capital, with a call on exhibitors to take advantage of the large mix of policy makers, buyers and sellers at the fair…
Weekly Highlights
Yields on the 364-Day settled at 17.71 percent; down by 10 basis points.
MTN Ghana Ltd posts sterling profits; declares dividend
Global equity markets hit by coronavirus fears, GSE tumbles
The Ghana cedi halt…
Oxford Business Group (OBG) began its CEO Survey in 2016 with the aim of giving our clients a handle on sentiment in the various markets we cover.
Sentiment is of course intangible, but it is an all-important factor in the decisions bus…
IFC, a member of the World Bank Group, invested $200 million in The Standard Bank of South Africa Limited’s green bond placed on the London Stock Exchange today. It’s Africa’s largest green bond and South Africa’s first offshore green bond…
FrenchKissDj kicks off the year 2020 with a brandnew video as he teams up with super talented singer/songwriter Camidoh. The track tells a
story of a girl that seems to buss her partners brain by her constant Love and Affection. With Fren…
Stock Market Highlights
•MTN Ghana (+4.48%) pushed the benchmark index up by 0.34% to 2,211.89 with a -2.01% year-to-date return while market capitalization declined by 0.18% to settle at GH¢56.53 billion.
•The financial index howeve…
IFC, a member of the World Bank Group, today announced a $25 million local-currency investment in a risk-sharing facility to expand Union Bank’s lending to small and medium enterprises (SMEs) in Nigeria. The facility, which will cover as m…
The Bank of England has vowed to help stabilise financial markets, joining other central banks in promising action to ease the economic impact of the coronavirus.
London's FTSE 100 index soared almost 3% in early trading, before falling…
The President of the Ghana Hotels Association, Dr Edward A. Nyamike Jr, has called on the government to provide special utility subsidy to players in the hotel industry to help sustain their operations.
According to him, the huge amou…
The Head of Communications of the Bank of Ghana (BoG), Ms Esi Hammond, was last Saturday adjudged the PR Personality of the Year at the eighth National PR and Communications Excellence Awards organised by the Institute of Public Rel…
Three former top Barclays executives have been cleared of fraud charges linked to how the bank raised billions from Qatar in the financial crisis.
The Serious Fraud Office (SFO) had alleged the bank had given Qatar secret fees that help…
The Forestry Commission (FC) says Ghana is close to obtaining the Forest Law Enforcement, Governance and Trade Action Plan (FLEGT) license from the European Union (EU).
Mr. Chris Beeko, Director, Timber Validation Department of the Comm…
MTN Ghana, on Thursday, sensitized residents of Old Fadama and Agbogbloshie environs on the need to keep their Mobile Money (MoMo) wallet pins safe from a second party to avoid the possibility of being defrauded.
"If you protect your pi…
Mr Daniel Yao Dormelevo, the Auditor General Thursday said internal auditors need autonomy to help end corruption in the country.
He said internal auditors were the custodians of accountability, yet were weakened by "employer dominance…
Mr Kennedy Adu, Director of Banking Department at the Bank of Ghana (BoG) on Thursday said improved money counting machines will help maintain integrity in the business of counting money.
Mr. Adu said there is the need to ensure the int…
Ghana's efforts to put its economy on a more sustainable path by introducing a raft of wide-ranging reforms across the banking sector are mapped out in a new report.
The Report by the global research and advisory firm Oxford Business Gr…
Government has awarded the 56-kilometre Fian-Issa- Kojokperi –Wahabu-Wellembelle Road on contract at a cost of GHC 167.4.
Construction work on the 36-month road project would commence on March 10, 2020 and expected to be completed on Ma…
The Ghana Rubber Estates Limited ,(GREL) has opened a second rubber processing factory at Abura in the Ahanta West Municipality of the Western Region.
The 24-million Euro project constructed within a year, has the capacity to add value …
Highlights
Subscribers
Subscribers increased by 12.3% to 22.6 million (+11.2% to 19.8 million*).
Data subscribers increased by 28.6% to 20.1 million (active data subscribers up by 26.6% to 8.1 million#).
Registered Mobile…
Highlights
Subscribers increased by 12.3% to 22.6 million (+11.2% to 19.8 million*).
Data subscribers increased by 28.6% to 20.1 million (active data subscribers up by 26.6% to 8.1 million#).
Registered Mobile Money (MoMo) subscr…
The Ghana Shippers' Authority (GSA) has engaged key stakeholders and exporters in the Upper East Region as part of measures to address challenges in the export sector, to create a competitive advantage for local industries.
The forum, o…
Business entities in Kumasi have been briefed on the new company registration law, Act 992 of 2019, to keep them abreast with the changing trends of setting up, doing business and managing companies in Ghana.
The new Companies' Act, whi…
Government has been urged to commit more resources to Technical and Vocational Education and Training (TVET) as a means of addressing youth unemployment in the country.
It should pursue a radical shift in the design and delivery of TVET…
Mr Zakaria Mohammed Bakor, the District Chief Executive (DCE) for Sissala West, has tasked the newly inaugurated executives of the Gwollu Area Council to work harder to improve revenue mobilization efforts in the district.
Mr Bakor sai…
“Gas is Critical for Sub-Saharan Africa’s Energy Future,” says GE Gas Power Summit in Cape Town, South Africa
Gas will be critical for creating industry, manufacturing and attracting investment capital
Energy experts discuss the impo…
Current developments in the global economy indicate that more employers are increasingly embracing science and technology in order to make the delivery of goods and services more efficient.
The oil and gas industry is one of the key sec…
More customers of the various financial institutions whose investments were locked up due to the closure of the institutions are heaving big sighs of relief following the release of their funds to them.
As of Thursday, February 27, ap…
Aston Martin (AML.L) shares slumped to a record low on Thursday after the British luxury carmaker said its losses ballooned last year and its chief financial officer would leave by the end of April.
The firm, famed for being fictional a…
The Ministry of Energy has started approval processes for the sale of the Ghana operations of Anadarko Petroleum Corporation, one of the country’s oil production partners, to the French oil giant, TOTAL SA.
This follows the sale of An…
Two Non- Governmental Organisations (NGOs) have organised a two-day sensitisation programme in both Krachi East Municipality and Krachi Nchumuru District to discuss the continuous falling standard of education in the region and plans to re…
The National Lottery Authority (NLA) has appealed to members of the Association of Lotto Marketing Companies to remain calm and exercise patience as the Authority Board takes steps and actions to address the illegal operation of *959# Mobi…
The Management of Ethiopian Airlines has transported around 1,000 tonnage of shipments of medical kits - facemasks, nose masks and protection suits to China to help prevent the spread of COVID-19.
A statement issued in Accra by the Airl…
AngloGold Ashanti Iduapriem Mines won several awards in 2019 for their impressive operational and sustainable performance.
Within the AngloGold Ashanti Group, Iduapriem was adjudged the best Mines in operational excellence.
At the Gh…
The Swiss Government has spent 75 million dollars, since 2017, to finance development projects in public and private institutions.
Mr Matthias Feldmann, the Head of Cooperation State Secretariat for Economic Affairs (SECO) who announced…
AFFLUENTS LOVE TO TRAVEL
Over in Europe, we are beset by storms, rain and cold weather. So, for many people, booking a holiday in the sun offers a glimpse of hope amidst the gloom. With far more money to spend, the Affluents are particu…
Emirates’ stellar wine programme was recognised at the Business Traveller Cellars in the Sky 2019 Awards held in London yesterday.
The airline picked up multiple awards including 2 Gold awards, 2 Silver awards and a Bronze award for its…
With the rise in the cost of healthcare globally, medical technology (Medtech) has the ability to reduce costs, improve the quality and efficiency of healthcare, as well as support the shift to value-based care.
In comparison to bein…
9th annual survey on top business risks attracts record participation of 2,700+ experts from over 100 countries
Macroeconomic and Market developments are top concerns for businesses in Ghana
Business interruption, Climate cha…
With a capacity of 3 million tonnes per annum, the plant has been classified as the biggest project in the entire fertiliser industry history in the World
Dangote Fertiliser Limited (www.Dangote.com) has begun countdown to the inaugurat…