Stakeholders in the fisheries value chain have called for an amendment to the Fisheries Act 625, 2002, to ensure sustainable development in the country's fisheries sub-sector.
They said the amendment should promote transparency, parti…
Have you been asked by your bank recently to input a one-time passcode in order to complete an online transaction?
It seems more and more of us have, as lenders and credit card companies gradually start to roll out new measures to reduc…
Dr Thomas Mensah, Chairman and Chief Executive Officer, Silicon Valley of Ghana, has reiterated the need for high-speed rail system in Ghana, in order to accelerate the nation's socioeconomic development.
High-speed rail is a type of ra…
Mr Christopher Ackon, the Programmes Officer of the Infrastructure and Sustainable Development section at the European Union (EU), says the EU will continue to support sustainable management of fisheries projects in the country.
He said…
The US has imposed fresh tariffs on $112bn (£92bn) of Chinese imports such as shoes, nappies and food.
The new tariffs are a sharp escalation in the bruising trade war, and could cost households $800 a year.
The move is the first pha…
Mr Alan Kwadwo Kyerematen, the Minister of Trade and Industry, has urged Japanese investors to consider Ghana as their preferred investment destination in Africa.
Speaking at the Ghana Investment Promotion Centre's (GIPC) Investment Opp…
Mr Alaska B. Kantong, one of the 37 government approved fertilizer importers under the Planting for Food and Jobs (PFJ) programme, has called for increased allocation of the product to enable him sufficiently serve the farmers.
Mr Kanto…
Vice President Dr Mahamudu Bawumia says the construction of Pwalugu Dam will be the single largest investment made by any government in northern Ghana since independence.
Addressing a gathering of family members, friends and sympathizer…
Mr Joe Gartey, Minister for Railways, has called on investors to help establish an industrial park at Juapong in the North Tongu District of the Volta Region to take advantage of the industrialization soon to visit the enclave with the com…
The Food and Drugs Authority (FDA), the only designated Regional Centre of Regulatory Excellence (RCORE) on Friday ended its third clinical trials fellowship training aimed at improving access to medicine by harmonizing regulatory requirem…
Huawei has announced the latest addition to its growing HUAWEI P30 series family, the HUAWEI P30 lite 48MP edition.
A statement copied to the Ghana News Agency said the new edition brings an updated camera setup, along with premium fea…
Lawyer Alfred Kwame Agbesi,a former Deputy Majority Leader of Parliament, has appealed to President Akufo-Addo to ensure that owners of the collapsed IdealFinance Limited pay their depositors.
Lawyer Agbesi told the Ghana News Agency th…
Weekly Highlights
Interest rates on Government of Ghana treasury securities unchanged.
GSE posted gains on the last trading week of August.
Ghana cedi advanced against the British pound and the Euro but lost versus the US dollar…
Argentina has imposed currency controls in an attempt to stabilise markets as the country faces a deepening financial crisis.
The government will restrict foreign currency purchases following a sharp drop in the value of the peso.
Fi…
The Ghana Union of Traders Association (GUTA), has commended the Bank of Ghana (BoG) and the government for successfully reforming the banking and other deposit-taking institutions sector.
However, it said the aftermath of the exercis…
Weekly Capital Market Update!!!
In what seemed to be a busy week, the stock market remained relatively stable compared to the previous week. The GSE Composite Index touched a year-to-date loss of 10.44%, up 132 basis points from the pre…
Anniversary of the pivotal RE-LY® trial marks a decade of innovation for stroke prevention in AF patients
10 years ago, RE-LY® marked the first time a randomised trial showed that a non-vitamin K antagonist oral anticoagulant (NOAC) …
As part of activities to mark 2019 as the Year of the Customer, MTN Ghana is set to beef up its KYC (Know Your Customer) activities to support the national financial inclusion agenda. This will be done mainly through strict adherence to th…
ATI has a current pipeline of over US$1 Bn worth of transactions from Japanese banks
On the side lines of the Tokyo International Conference of Africa’s Development (TICAD7), ATI (ATI-ACA.org) signed MoUs with Japan’s three largest bank…
The Africa Oil & Power 2019 event will take place at the CTICC 1 in Cape Town, South Africa on October 9-11, 2019
Gabon-focused hydrocarbon exploration firm, Vaalco Energy will commence its 2019/2020 drilling campaign next month; The fi…
DHL (www.DHL.com) Express Mobile app launched in eight African countries, and a further 40 countries to be live by the end of 2020; App offers a number of key benefits that facilitate tracking and faster delivery; Growing demand for mobile…
Africa Finance Corporation ("AFC" or "the Corporation"), Africa's leading investment grade infrastructure solutions provider, announces the close of general syndication of a minimum US$150,000,000 Dual Currency Samurai
Term Loan Facility …
Achim Steiner, UNDP Administrator Praises Tony Elumelu's Private-Sector Led Approach to African Development; President of South Africa, H.E. Cyril Ramaphosa: "If you want really good returns, as Tony Elumelu said, come to Africa"; Elumelu
…
Japan and the African Development Bank on Friday announced a joint target of $3.5 billion under the Enhanced
Private Sector Assistance for Africa initiative (EPSA4), during the 7th Tokyo International Conference on African Development (TI…
Market Summary
Trading activity jumped as 3,487,366,001 shares valued at GH¢348,782,208 changed hands from 38,211 shares valued at GH¢56,101 yesterday. This was due to an exchange of shares in Ecobank Transnational Incorporated (ETI) …
Award winning insurance company Enterprise Group has launched its "Enterprise Advantage App" as part of efforts to allow customers transact business in real time at their convenience.
Chief Executive Officer for Enterprise Group, Mr Keli …
The Ghana Cocoa Board (COCOBOD) has given hint of an unprecedented price increase in cocoa beans in the first week of October this year.
The Chief Executive Officer (CEO) of COCOBOD, Mr Joseph Boahen Aidoo, who gave the hint during a …
The Africa Regional Director of Proforest, Mr Abraham Baffoe, has asked for support for smallholder palm oil producers to help improve their production capacity to augment national output.
Due to production shortfall, he explained tha…
GCB Bank Limited has been voted as the Best Bank in Ghana in Anti-Money Laundering (AML) Compliance.
The award was conferred on the Bank at the on-going Certified Compliance Professionals in Africa (ACCPA) Conference in Johannesburg, So…
The Uganda unit of global oil producer, Tullow Oil plc, has missed a deadline to sell part of its more than 30 per cent stake in an oil field in the country, after a disagreement with revenue authorities on capital gains tax dragged.
…
Shareholders of the Agricultural Development Bank (ADB) have given the management of the bank the green light to allow investments from the Ghana Amalgamated Trust (GAT) Plc to provide fresh capital to enable the bank to meet the Bank of…
The Chief Executive of the Ghana Cocoa Board (COCOBOD), Mr Joseph Boahen Aidoo, has appealed passionately to cocoa farmers to resist the temptation of either giving up their cocoa farmlands to farm other cash crops or for illegal small-s…
Ghana’s largest and oldest financial services company, Enterprise Group, has launched its new mobile and web application - Enterprise Advantage App at their ultra-modern Head office - Advantage Place.
The Enterprise Advantage app is t…
MTN, Ghana’s leading Telecommunications Company and Business World, Ghana’s foremost business magazine will host former CEO of BCX, Ian Russell at the 26th MTN Business World Executive Breakfast Meeting.
The event, themed ‘Disruptive L…
Yango, in response to customer feedback collated over the past few months in Ghana, has introduced the Fixed Price feature.
The Fixed Price feature on the Yango app solves the issue of unexpected hikes in prices at the end of a trip due…
Staff of the First Ghana Savings and Loans (FGSL) Limited have appealed to government to restore the company’s license to enable it to serve its customers, including pensioners.
The Company, in which NIB has a majority stake, was among …
Up to 10,000 women entrepreneurs in Africa are to benefit from £30 million UK aid, to help break down barriers, holding them back from starting and growing businesses.
“Unleashing the economic potential of women will boost African econo…
Mr Sampson Asare Fianko, Deputy Controller and Accountant General in Charge of Finance and Administration, has noted that a transparent public financial management system is a critical requirement for accountability and good governance.
…
The Second Session of the Ninth Edition of Master Training Programme (MTP) for Cashew Value Chain Promotion in Africa has commenced in Sunyani with 97 cashew experts from 13 countries in Africa and beyond as participants.
The five-day …
What is the business reaction to the prime minister asking the Queen to suspend parliament?
The head of the British Chambers of Commerce says with only 63 days to go before Brexit, businesses feel like Westminster is playing an endless …
The Board of Directors of the Bulk Oil Storage and Transportation (BOST) Company Limited has confirmed Mr Edwin A. Provencal as the new Managing Director of the company.
Mr Provencal who was nominated by the President was subsequently c…
Mumuadu Rural Bank Limited made a profit of GHC2.5 million in 2018. The total operational income of the Bank increased from GHC14million in 2017 to GHC16.3 million in 2018.
For the year under review, the Bank declared a dividend of GHC…
The United Nations High Commission for Refugees (UNHCR) has held an employment and entrepreneurship forum in Accra to discuss sustainable ways to provide economic and social ways to include refugees in the development agenda of Ghana.
Apa…
The US has said it will hit another $300bn worth of Chinese goods with 15% tariffs by the end of the year.
The new tariffs will come in two rounds, the first one due on 1 September.
Products to be hit on Sunday range from meat and ch…
A retired justice of the Supreme Court, Justice Stephen Alan Brobbey, has advised Ghanaian business persons to put in place effective succession plan so that their businesses will continue to thrive even when they become too old or die.
…
The government has dismissed assertions that Ghana's debut 20-year bond issued last week flopped after receiving low bids from investors.
In a press statement issued by the Public Affairs Department of the Ministry of Finance Wednesday,…
The Chairman of the Public Interest and Accountability Committee (PIAC), Dr Steve Manteaw, has raised concerns with the overall management of the country’s oil revenue, calling on the government to publicly explain how the money was being …
President Nana Addo Dankwa Akufo-Addo has stated that the government has, over the course of the last two and a half years, succeeded in restoring fiscal discipline in the management of the economy, resulting in the macroeconomic indices…
The Bank of Ghana (BoG) wrote off three times more of its loans in 2018 than it did in 2017.
The action, according to the bank’s 2018 annual report, was largely due to a change in the method used to report the bank’s financial stateme…
Thomas Lanzana of South Carolina, USA was indicted on Tuesday on charges that he defrauded at least 20 people by soliciting investments in a bogus FX trading scheme, Attorney for the United States Rachael Honig announced.
Lanzana was ch…