Support from the Bank’s African Development Fund will bolster ongoing reforms being undertaken by the government of Tanzania
The African Development Bank (AfDB.org) has approved a $55 million facility to strengthen implementation of r…
The Annual Agency Awards of Enterprise Insurance took a different turn this year. The awards session, dubbed, “The Golden Walk Awards” was held on 19th December, 2019 at Advantage Place, Accra.
The event which was attended by agents fro…
Nigeria Profits from Public-Private Investments: Waltersmith Modular Refinery Set to Meet the Scheduled Deadline
The project falls in line with H.E. Chief Timipre Sylva’s objectives to foster private sector participation in increasing d…
Fifty-five Ghanaian companies and individuals have been recognised for their sterling performance in the export business over the last two years, 2017 and 2018.
This was at the President's National Awards for Export Achievement, organis…
The Chief of Staff, Mrs Akosua Frema Osei Opare, has cut the sod for the construction of a market at Dome in Accra. The project will be financed by the government and undertaken by Prolux Investment Limited at an estimated cost of GH¢9.4 m…
Women need to be aided with unimpeded access to credit facilities, to drive their entrepreneurial skills and successfully operate their own businesses, Ms. Ivanka Trump, Senior Advisor to the US President, has said.
She added that they …
The Ministry of Trade Industry, says Unijay Garments Limited and Volta Forests Products, have received financial support under the government's signature One District One Factory (1D1F) programme.
Although the two companies were already…
The newly launched Huawei Y9s got sold out across the country within four hours of its release.
A statement copied to the Ghana News Agency said Huawei customers and enthusiasts all over the country rushed to authorised Huawei dealer sh…
The Divisional Union of the Public Service Workers' Union (PSWU) of the National Board for Small Scale Industries (NBSSI) is calling on government and stakeholders to abolish plans to privatize the Business Resource Centres.
The Union e…
Nana Ama Poku, the Deputy Chief Executive Officer (CEO) of the Ghana Export Import (EXIM) Bank, has been conferred with the prestigious Global Leadership Excellence Award in recognition of her dedication, service and contribution to the de…
Government will embrace impact investment approach, which is expected to hit US$37 billion by the end of this year towards achieving the Sustainable Development Goals (SDGs), Mr Ken Ofori-Atta, the Finance Minister, said this on Wednesday.…
Royal Dutch Shell (RDSa.L) said on Friday it expected to write down up to $2.3 billion in the fourth quarter, the latest major energy company forced to shrink estimates for sector values due to a weaker economic outlook.
In a trading up…
The second phase of the maiden Onga Wholesaler’s Appreciation Night has been held at Kumasi where over 90 wholesalers were acknowledged for their contributions towards the growth of the brand.
The event saw wholesalers interact and sh…
The Management of African Aurora Business Network (AABN), an Enterprise Development Organisation, has provided business development services to 1,220 youth and Micro, Small and Medium Enterprises for the past five years under the YIEDIE pr…
Mr Kweku Ricketts-Hagan, a former Deputy Minister of Finance under former President Mahama, says the recent introduction GHC 100 and GHC 200 suggests rising inflation against government's own claim.
He added that the new higher denomi…
Ghana is likely to miss the deadline for the establishment of Beneficial Ownership (BO) disclosure regime, in spite of achieving global recognition for making the fastest progress in the shortest possible time in September 2017.
This wa…
World stocks touched record highs on Friday, as trading wound down before the year-end holidays, while the British pound was heading towards its worst week for more than two years amid renewed worries over how Britain will leave the Europe…
Prudential Bank Limited has opened two branches in Accra with a promise to roll out additional digital platforms to provide convenient banking for customers.
Mr John Addo, Deputy Managing Director, Finance Administration and Credit Ad…
Mr Eric Asubonteng, the President of the Ghana Chamber of Mines, has urged government to pay attention to the mining value chain and continue to create opportunities for locals to benefit from the industry.
"We need favourable dispositi…
The Nsoatreman Rural Bank in Sunyani West Municipality of the Bono Region has exceeded the Bank of Ghana's (BoG's) capital requirement for Rural and Community Banks (RCBs) pegged at GH?1,000,000.00 in 2018.
The financial institution has…
Ghana is to host the 4th edition of the Ghana International Conference on Trade and Finance (GITFIC) on the African Continental Free Trade Agreement (AfCFTA) in April 2020.
Mr. Selasi Koffi Ackom, the Chief Executive Officer of GITFIC…
The Odikro, opinion leaders and people of Kotokuom community, Ghana Education Service officials and school authorities joined representatives from AirtelTigo for a ground-breaking ceremony to mark the construction of six-unit classroom blo…
Aberdeen based production optimisation specialist, Enpro Subsea has rounded off 2019 with the granting of supplementary patents which underpin and expand its already robust technology portfolio and further strengthens its offering to the g…
The benchmark index closed 2.30 points (+0.10%) higher at 2,245.87 with a year-to-date return of -12.69% on the back of price advancement in Republic Bank (+6.25%) while market capitalization increased by 0.04% to settle at GH¢56.68 bill…
Merck Foundation together with Chad First Lady release a children story as part of “More Than a Father”
“Merck more than a Father” started in 2018 by raising awareness about male infertility prevention and management and breaking the st…
The Board of Directors of the African Development Bank has approved a $272.12 million loan to Tanzania for the construction of a new international airport in the capital Dodoma.
The funding package, approved on Wednesday, comprises a $1…
The seminar was held to introduce the potential of African students to the Japanese business community
1. On December 19, Africa Business Seminar in Nagoya - Highlighting the Potential of African Students- was held at JICA Nagoya Global…
Once complete, the project will add 46 MW of clean energy to the local power supply
One of Malawi’s first solar projects has reached financial close after attracting investment volume totaling $67 million USD. Initial site works have be…
World Bank report ranks Saudi Arabia as world’s top ease of doing business improver
The Saudi Logistics Hub initiative to make import and export logistics more convenient and business-friendly
Saudi Arabia has been ranked as the …
Further to the “Meeting of Minds” workshop, a report probing into discussions has been published this week by Mauritius Commercial Bank (MCB)
In October 2019, during the tenth Africa Forward Together (AFT) forum in Mauritius and spearhe…
SGI Dubai a key platform for retail, digital printing, signage, retail and LED categories will be held at Dubai World Trade Centre from January 12th to 14th 2020
Africa’s growing youth population, rapid urbanisation and the increased pu…
Volkswagen (VW) has been slapped with a record fine by Australia's consumer watchdog to settle lawsuits over the carmaker's global emissions scandal.
The A$125m ($86m; £66m) penalty is the highest ordered by a court for breaches of Aust…
The economy grew by 5.6 per cent year-on-year in the third quarter of 2019, slower than the 7.4 per cent growth recorded in the third quarter of 2018, provisional figures from the Ghana Statistical Service (GSS) have indicated.
The valu…
The acting Commissioner-General of the Ghana Revenue Authority (GRA), Mr Ammishaddai Owusu-Amoah, has said the authority will automate the processes for the payment of Value Added Tax (VAT) and other forms of taxation next year.
He said…
Retail sales fell in November with shoppers keeping a tight grip on spending amid uncertainty about Brexit and ahead of December's election.
Monthly retail sales fell by 0.6% in November, the fourth month in a row without growth, the Of…
IFC, a member of the World Bank Group, and the Ghana Stock Exchange (GSE) have partnered to strengthen the corporate governance of listed companies.
It is also to help the GSE become a more efficient and transparent regional platform fo…
Madam Catherine Krobo Edusei, Founder and Managing Director of Eden Tree Ghana Limited, has said agriculture production would have a major boost if banks in the country lend to players in the agriculture value chain.
She said most finan…
Mr. Frederick Mensah Ashitey, the Ashanti Regional Manager of Ghana Co-operative Credit Unions Association (CUA), has appealed to members of the Akrofuom Teachers Credit Union, (ATCU) to increase their savings to help improve the assets of…
Anglogold Ashanti Ghana Limited is collaborating with the National Board for Small Scale Industries (NBSSI), to develop the business acumen of local enterprises at Obuasi, a mining community in the Ashanti Region.
The objective is to he…
Madam Habiba Ibrahim, the Best Female Farmer in the Atiwa East District has appealed to government to provide rice farmers with combine harvesters to alleviate the stress they go through in harvesting their rice.
Speaking to the Ghana …
Mr David Antwi Ofori, Head of Operations, Accra Digital Centre, has said technology hubs need to join forces and build a well-defined data driven start-up ecosystem in various categories.
He said it was important "we build categorisatio…
Standard Chartered Bank (SCB) has launched a promotion to champion the use of electronic cards and to discourage the use of cash for payments.
The campaign would reward both existing and new customers who increasingly use their debit ca…
The GSE Composite Index held onto gains in GCB Bank (+2.04%) to close 2.46 points (+0.11%) higher at 2,243.57 with a year-to-date return of -12.78% while market capitalization inched 0.04% up to settle at GH¢56.63 billion.
Accordingly, …
The John A. Kufuor Foundation (JAK Foundation) together with the Ghana Rice Inter-professional Body (GRIB), the Millers's Association of Ghana and Hopeline Institute, have expressed gratitude to the President, His Excellency Nana Addo Dank…
The accommodation-booking service Airbnb does not need an estate agent's licence to operate in France, Europe's top court has ruled.
The French tourism association had complained that Airbnb did not comply with French property laws.
…
Growth of the economy for the third quarter of 2019 including oil fell to 5.6 compared with the 7.4 per cent recorded in the same period last year.
The non-oil GDP growth rate fell to 4.6 per cent in the third quarter of 2019 against …
The local payment cards, gh-Link EMV prepaid and debit cards have been launched in Accra with a call on Fintechs to take advantage of the Payment and Services Act to develop payments systems and products to drive financial inclusion in t…
The Republic Bank Ghana Limited has partnered the State Housing Company (SHC) to tackle the housing challenges facing the country.
Under the partnership, Republic Bank would provide funding to SHC to build new houses and support the p…
"The average chief executive of a major American corporation - according to a recent Senate hearing - is paid about 100 times as much as the average worker. And our government today rewards that excess with a tax break for executive pay, n…
A big night out in London once cost Sarah a whopping £250.
However, the typical night is about £60 to £100, says the 30-year-old consultant.
Sarah isn't the only one splashing the cash on nights out in towns and cities across the UK.…