Ghana is among the fastest-growing economies in the world, a World Bank report has stated. The other countries are Ethiopia, Rwanda and Cote d’Ivoire.
The four countries, which are currently experiencing seven per cent economic growth…
Market Summary
The GSE Composite Index tumbled by 14.98 points (-0.68%) to close at 2,173.98 with a -15.48% year-to-date return while market capitalization slid 0.57% to settle at GH¢ 55.77 billion.
The GSE Financial Index closed 17.…
President Nana Addo Dankwa Akufo-Addo yesterday inaugurated two warehouses in the Ejura-Sekyedumase Municipality as he toured the Ashanti Region.
He said the two warehouses were sited in Ejura-Sekyedumase alone instead of the single p…
Under the second day’s theme of “Energy in Powering Growth”, panel discussions and talk sessions unpacked the challenges and opportunities in Africa’s power sector
Minister of Mineral Resources and Energy of South Africa, Gwede Mantashe…
Canon Europe Middle East and Africa (EMEA) President & CEO visit to Nigeria reaffirms the Group's desire to continue its development in West Africa
Nigeria, identified as one of the largest African economies, particularly in the film in…
First WATT Renewables winners of Renewable Energy Forum 2019 co-organized by the African Development Bank
The company, based in Canada, is a private sector clean-energy technology producer and supplier of sustainable energy solutions
…
Russia–Africa Economic Forum to Feature Major Business Matching Platform A major platform for meetings between representatives of Russian and African business will function on the sidelines of the Russia–Africa Economic Forum on 23–24 Octo…
Vodafone Ghana has launched October as a "Care Month" with a host of activities to engage its customer base and lead by example in highlighting the importance of the customer to its business.
According to a statement from Vodafone to th…
China and the US are set to resume trade talks in Washington on Thursday against a backdrop of heightened diplomatic tension.
This week the US government blacklisted 28 Chinese entities it said were "implicated" in human rights abuses.
…
New tax plans aimed at making global firms pay more tax have been published by an international economic body.
The proposals would give governments more power to tax big technology firms such as Apple, Facebook and Google.
The Organi…
The Ghana Export Promotion Authority (GEPA) in collaboration with the Youth Employment Authority (YEA) has launched the Youth in Export Programme (YiEP) at Koforidua in the Eastern Region.
The YiEP, dubbed: "Youth in Export for a Ghana …
Ghana has called on West African countries to fully operationalise the ECOWAS Protocol of Transhumance, which is geared towards developing a more efficient pastoral industry to increase livestock productivity.
Dr Gyiele Nurah, a Ministe…
Government has been urged to provide tax incentives to individuals and institutions to enhance commitment towards building sustainable and eco-friendly infrastructure.
Mr William Evans Halm, the Chief Executive Officer of Spektra Global…
Nii Odartey Lamptey, the Head of Card and Payment Solution, Stanbic Bank, has said the Bank has outlined strategies to educate the public on usage of credit card to rub out the misperceptions about it.
He said people misconceived that u…
Two communities in the Lawra Municipality have been connected to the national grid and subsequently received sensitisation on safe wiring system for successful connection of power to their homes and business centres.
The Lawra Municipal…
The Environmental Protection Agency (EPA), as part of its customer service week, has engaged auto sprayers in Tema to sensitize them on the need to acquire an environmental permit to ply their trade.
The Environmental Assessment Regulat…
Mr Albert Kasim Diwura , Deputy Chief Executive Officer, Ghana Export Promotion Authority (GEPA) has said that Ghana could do more in the world space if it strategically takes advantage of the world demand for goods and services.
He sai…
The Bank of Ghana is seeking to auction a total of $125,000,000 for the fourth quarter of 2019; spanning October to December.
The exercise is expected to be carried out in five tranches covering the three months.
For each tranche, …
Performance was mixed across sector indices. Ecobank Ghana moderated by 0.25% to inch the GSE Financial Index down by 1.17 points (-0.06%) to close at 1,862.93 with a -13.50% year-to-date return. Fan Milk (0.67%), the sole gainer at the se…
Barclays Bank Ghana has indicated that its transitioning to Absa will provide enormous opportunities for the Ghanaian youth to develop their skills and improve their employability prospects.
Engaging over 600 tertiary students on its Re…
Western Union, a leader in cross-border, cross-currency money movement and payments, has collaborated with AirtelTigo Money (ATM) to enable Ghanaians to receive international money transfers through Western Union directly into AirtelTigo M…
The panelists agreed that it is important to look at African countries individually and study their geological terms in comparison to their fiscal terms
Casting a spotlight on exploration and production in Africa’s oil and gas sector, t…
The US contribution will allow WFP to increase access to fresh fish produced in the world’s first fish farm in a refugee camp
The United Nations World Food Programme (WFP) welcomes a contribution of US$560,000 from the US State Depa…
“Praye, se woyi baako a na ebu: wokabomu a emmu” – When you remove one broomstick it breaks but when you put them together they do not. This often repeated Akan proverb is relevant today because there’s no time like now to take stock, and …
Initiatives to empower poor people, girls and women are essential to progress
Growth in Sub-Saharan Africa remained slow through 2019, hampered by persistent uncertainty in the global economy and the slow pace of domestic reforms, accor…
The UK's economy is expected to avoid a recession after showing better-than-expected growth in the three months to the end of August.
The Office for National Statistics said the economy would now have to shrink sharply in September for …
The Attorney-General has charged a former Chief Executive Officer (CEO) of the defunct Capital Bank, William Ato Essien, for his alleged role in the collapse of the bank.
In its first criminal action to hit a top executive of one of…
John Vincent took over as CEO of the fast-food chain Leon five years ago. He saw himself as a general, leading his staff into battle. All that did was to increase his stress levels and those of everyone around him. Then he discovered the m…
Springfield Exploration and Production Limited (SEP), an Independent Ghanaian energy company drilling in Deepwater offshore Ghana, on Monday October 7th spudded its Afina-1x well in the West Cape Three Points Block 2.
This is the first …
Mr Yakubu Osman, the 2017 National Best Cocoa farmer, has expressed gratitude to the government for increasing the producer price of Cocoa from GHS 475.00 to GHS 515.00 per bag.
He also commended the COCOBOD for introducing a good num…
The Ministry of Inner-City and Zongo Development, in collaboration with the Business Development Ministry, is to launch a Zongo Business Promotion programme to create jobs for the Zongo communities.
Dr Mustapha Hamid, the Inner-City and…
The President Nana Addo Dankwa Akufo Addo has directed the Minister of Finance and Economic Planning, Mr. Ken Ofori-Atta to release GHC2.2 billion to pay road contractors working on various roads in the country.
Mr Kwasi Amoako-Atta, th…
The Tema West Municipal Assembly (TWMA) is wooing investors to join it construct a befitting ultra-modern market for residents of Tema Community Five and its environs.
The current Community Five market which is a pale shadow of itself,…
Voltic Ghana Limited, producers of Voltic Natural Mineral Water (Voltic), has introduced a new twisted bottle as part of its goal to drive home the recycling message and remain eco-friendly.
The new twisted bottle, which has seven per…
The Tree Crop Development Authority (TCDA) Bill will be passed by Parliament to receive Presidential Assent by the end of this year, Dr Owusu Afriyie Akoto, the Minister of Food and Agriculture, has said.
The Bill, when passed into law,…
The new head of the International Monetary Fund has warned that Brexit in whatever form will be "painful", adding to the effects of a global slowdown.
Kristalina Georgieva said the split will hurt not only the UK and European Union, but…
WHAT: 2019 AFRICA INVESTMENT FORUM
WHO: AFRICAN DEVELOPMENT BANK, PARTNERS
WHEN: 11-13 NOVEMBER 2019
WHERE: SANDTON CONVENTION CENTRE, Johannesburg, South Africa
The seco…
The benchmark index, closing at 2,189.25 (-0.91%) with a -14.89% year-to-date return was weighed down by downward price movements in the banking and telecom sectors while market capitalization declined by 0.37% to settle at GH¢56.10 billio…
The Chief Executive Officer of the Chamber of Bulk Oil Distribution Companies (CBOD), Mr Senyo Hosi, has blamed the largely poor state of state-owned enterprises (SoEs) on the extension of partisanship into the management of the firms, and…
A high-powered delegation from the Export and Import (EXIM) Bank Ghana, one of the major funding banks of the government’s flagship programme, One-district, One-factory (1D1F), has paid a working visit to two of the projects in the Centr…
Mavenir Introduces Mobile Business Fabric™ to Transform Business Communications for Deskless Mobile Workers
Enables communications service providers and partners to deliver disruptive mobile-native user experiences that allow businesses t…
The 12th Conference on Asphalt Pavements for Southern Africa (CAPSA) is due to take place on 13?16 October 2019 at Sun City Resort. This year’s theme is Leadership and innovation to preserve and enhance the value of the region’s roads with…
Airtel Africa Announces Partnership with Mastercard to Transform Digital Payments Landscape and Connect 100 Million Consumers in Africa
Partnership will connect millions of Airtel Money customers to a global online market place, across…
Malawi: The African Development Bank approves $13.2 million for sustainable fisheries, aquaculture development and watershed management
The African Development Bank Group has approved a $13.2 million financing package from the African D…
Energy Summit in Senegal to bring together key investors and African power utilities to enhance the energy mix in West Africa
The 4th annual Regional Energy Summit: West Africa (RES: West) will arrive for the first time in Dakar, Senega…
Nigeria is the second biggest oil-rich country in Africa, after Libya
Estimated to hold 37 billion barrels of proven oil reserves, Nigeria is the second biggest oil-rich country in Africa, after Libya. The exploitation of these resource…
Food and Agriculture Organization (FAO) Director-General highlights importance of a crop that is “more than just a commodity”
Managing trade policy and climate risks are critical to supporting the more than 25 million farmers who grow c…
Nuage Networks’ SD-WAN 2.0 will provide virtual business connectivity services to Batelco’s enterprise customers in Bahrain and the international markets
The industry’s leading SD-WAN solution will enable Batelco to provide software-d…
Productivity in the UK fell at its fastest annual pace in five years in the April-to-June quarter, according to the Office for National Statistics.
The figure - measured by output per hour - fell by 0.5%, after two previous quarters of …
The Maritime and Dockworkers' Union (MDU) of the Ghana Trades Union Congress (TUC) says the Meridian Ports and Services (MPS) has taken over handling of reefer containers at the expense of Ghana Ports and Harbours Authority (GPHA) revenue …