U.S. President Donald Trump and top White House officials dismissed concerns that economic growth may be faltering, saying on Sunday they saw little risk of recession despite a volatile week on global bond markets, and insisting their trad…
A new fertiliser blending plant, with the capacity to produce 2,400 tonnes of fertiliser a day, has been commissioned at Asuboi in the Ayensuano District in the Eastern Region.
The plant, an initiative of Glofert Limited, a private comp…
How easy is it to get a pay rise?
You could try to wrangle more money out of your employer with hard work or canny negotiating tactics.
But in practice, other factors are likely to be more important. Some of these are in our control,…
Mr Carlos Kingsley Ahenkorah, Deputy Minister of Trade and Industry, has urged banks to reconsider and bring down their interest rates to improve interest in borrowing.
He said the current 26 - 30 per cent lending rate from banks was di…
Bayport Savings and Loans Plc, says it is focusing on digital financial services as part of its strategic direction to reach the unbanked and underserved communities in the country.
The Managing Director of Bayport Saving and Loans Plc,…
Nutrifoods Ghana Limited, a subsidiary of Olam Ghana, a market leader in the production of top-grade biscuits, has introduced the first egg and milk-based biscuit onto the market to meet growing demand among children.
‘Milky Magic Eggr…
The huge volumes of water that empty into the sea should be tapped for irrigation for an all-year-around Agriculture in Ada, Nene Abraham Kabu Akuaku lll, has appealed to government.
The Paramount Chief of Ada says the Ada land is vast …
U.S. President Donald Trump said on Thursday that U.S. and Chinese negotiators were holding “productive” trade talks and expected them to meet in September despite U.S. tariffs on over $125 billion worth of Chinese imports taking effect Se…
TULLOW Ghana is in discussion with the government to have rights to other areas within its Development and Producing Area (DPA), following its unsuccessful attempt to win any oil block in the recent licensing round.
Executive Vice Pre…
President Nana Addo Dankwa Akufo-Addo has underlined the government's determination to support rice farmers in the Builsa South District to substantially increase production.
He said everything would be done to develop the vast fertile …
Vice President Dr Mahamudu Bawumia on Thursday commissioned a US$ 4.5 million fertilizer blending plant with an installed capacity of 840,000 metric tonnes per annum.
Glofert Limited is a wholly-owned Ghanaian company located at Asuboi …
The pound is trading 0.67% higher against the dollar at $1.2155. It follows better than expected retail figures earlier this week for July which indicated consumer resilience as Brexit approaches.
Sterling was also up against the euro, …
The Ho branch of the Social Security and National Insurance Trust (SSNIT) has been adjudged best performer for exceeding its target of Half Year Public Education League Chart 2019, for the Koforidua Area of the Trust.
It gained a year-t…
Dealers in luxury vehicles in Accra have welcomed government’s decision to suspend the luxury vehicle tax, saying it would help revive their business which went under for the one year that the tax was introduced.
According to the car de…
While in Accra, he met with Government of Ghana officials, private sector representatives, local entrepreneurs, members of business associations, and scientific research stations
The Governor of the State of Mississippi, Phil Bryant, tr…
Ghanaian equities finished modestly lower in the holiday-shortened week. The GSE Composite Index closed at 2,311.48 points, down 4.85 points from the previous week.
Price drops in shares of EGH, GCB and RBGH caused the Financial Stock I…
Robust Platform, Focused Solutions, and Key Alliances Highlighted in IDC MarketScape Report
PTC (NASDAQ: PTC) today announced it has been named a leader in the Industrial IoT (IIoT) platform market in a new research report from IDC enti…
Trading in the biggest shares listed on the London Stock Exchange was delayed for more than an hour, in the longest outage in more than eight years.
Shares in the FTSE 100 and FTSE 250 indexes were affected, although smaller stocks trad…
The Vice-President, Dr Mahamudu Bawumia, has urged pharmacists to take advantage of the prevailing digital space to respond efficiently to the health demands of the people.
He said pharmacists were an integral part of the healthcare sys…
The government is to bring together relevant agencies to tap the full potential of rice valleys of Fumbisi in the Builsa South District in the Upper East Region to help meet the country's rice demand and for export.
Currently, only abou…
The 470 megawatts Krandeniz Powership Osman Khan on Thursday arrived at the anchorage of the Home Port of the Western Naval Command at Sekondi in the Western Region.
The powership propelled itself from Tema to the Western Region.
The…
The Ghana Cocoa Board (COCOBOD) has denied media reports that it plans to increase the producer price paid to cocoa farmers in the 2019/20 cocoa season to GH¢8,000 per tonne.
It said beyond the reports being untrue, they were premature …
Germany, Europe's biggest economy, could be heading for a recession.
Data from the German statistics office on Wednesday showed the economy shrank by 0.1% between April and June.
That takes the annual growth rate down to 0.4%. German…
The Ghana National Chamber of Commerce and Industries (GNCCI) has signed an agreement with Gamey Consult, a local consulting firm, to resolve disputes among business entities with an Alternative Dispute Resolution (ADR) system. .
The Al…
Ian Geddes, head of retail at Deloitte, says that last summer's strong retail performance has been "a tough act to follow", so shops have done especially well in July, without the help of a football World Cup or royal wedding.
He noted …
Young Ghanaian entrepreneurs in Agribusiness, venture capitalists, farmers and corporate executives have been called upon to take advantage of the Impulse Acceleration Programme to propel their businesses.
The Impulse is a 12-week accel…
Ghanaians have been urged to subscribe to life insurance policies and initiate strong financial plans to secure themselves for unforeseen future challenges.
Rev Dr Nanayaa Owusu-Prempeh, Executive Director of Spirit Soul and Body Worksh…
Mr Dela Gadzanku, the Eastern and Volta Regional Chairman of the Association of Ghana Industries (AGI), has called for the promotion of the wearing of made in Ghana footwear alongside the wearing of made in Ghana clothes on Fridays.
He …
To reduce the rate of importation of foods and other commodities, the Ghana National Chamber of Commerce and Industries (GNCCI) on Tuesday organised a mentorship programme for women in businesses to boost their capacities in agro processin…
Mr Ignatius Baffuor Awuah, the Minister of Employment and Labour Relations, will on Thursday, August 15, announce the roadmap towards the payment of pensions into the Temporary Pension Fund Account (TPFA).
The announcement is expected t…
Congo has 2 billion barrels of proven oil reserves from about 20 fields being exploited and about 10 permits granted and waiting to be developed
The recent onshore discovery made in the Delta de la Cuvette deposit in the Republic of Con…
The benchmark index closed 3.13 points (-0.13%) lower due to downward price movement in Republic Bank Ghana (-15.38%) to close at 2,346.56 with a -8.77% year-to-date return while market capitalization increased by 0.29% to settle at GH¢5…
Mouser Electronics and Grant Imahara Launch 2019 Empowering Innovation Together Series, “Engineering Big Ideas”
Mouser Electronics Inc. and celebrity engineer Grant Imahara join forces for the fifth consecutive year in this latest editi…
New Financing Will Accelerate Growth and Rapid Global Deployment of Company’s Transformative Utility-Scale Energy Storage Technology
Energy Vault, the creator of renewable energy storage products that are transforming the world’s approa…
As the protests intensify in Hong Kong, international luxury brands are getting caught in the crossfire.
Global brands such as Versace, Coach, Calvin Klein, Givenchy, ASICS, and Swarovski have all become tied up in controversy on the ma…
The EXIM Bank of India has with the support of the Government of India offered two concessional Lines of Credit worth US$180 million to the Government of Ghana.
Of the amount US$150 million is for the strengthening of Agriculture Mechan…
Markets in Europe slid on Thursday following a turbulent day on US and Asian stock exchanges, fuelled by investor fear of a global recession.
The FTSE 250, seen as a good gauge of the UK economy, fell 0.15% after closing down 1.5% the p…
The year-on-year inflation rate inched up in July 2019 to 9.4 per cent compared to 9.1 per cent in June, the Ghana Statistical Service said on Wednesday.
Mr David Yenukwa Kombat, the Deputy Government Statistician, said the slight incre…
Tullow Plc has made oil discovery in its Jethro-1 exploration well, drilled on the Orinduik licence offshore in Guyana.
The well is expected to hold 100 million barrels of oil in excess of expectations.
Tullow Guyana B.V. is the oper…
The Bank of Ghana (BoG) has directed banks and other specialised deposit-taking institutions (SDIs) to stop paying fees and commissions to agents in return for the mobilisation of wholesale deposits from the general public.
It said the …
The European Union (EU) has placed food imports, including fish, from Ghana on red alert after series of consignments to the region were found to have been smuggled or mislabelled.
The union has since the beginning of this year issued m…
The Ghana Revenue Authority (GRA) has launched a software application accessible on mobile phones to enable the public to verify the authenticity of tax stamps affixed to products they buy.
Known as the Ghana Tax Stamp Authenticator, th…
As part of activities to mark its 10th anniversary celebrations, Access Bank Ghana has launched a customer loyalty promotion with the objective of rewarding customers whilst inculcating a healthy saving habit in them.
The promo dubbed: …
The Institute of Financial and Economic Journalists (IFEJ) on Tuesday launched the sixth edition of its "Flamingo Awards" for Business and Financial Journalists, whose reports has influenced policy for growth and development of the country…
Guinness Ghana Breweries PLC (GGBPLC) has launched its latest stout -Guinness Smooth made from 70 per cent natural ingredients from Ghana.
Brewed with fruity, butterscotch flavour to provide a distinctive and perfect bittersweet taste o…
Dr Adesegun Akin-Olugbade, an international legal and finance expert, has been appointed as a member of the World Trade Board, coming in as the first African member of the organisation.
The Nigerian joins 20 other global trade and finan…
The Ghana Employers Association (GEA) in collaboration with the National Labour Commission (NLC) with funding from the Confederation of Norwegian Enterprise (NHO), has organised a programme on mediation and arbitration for social partners.…
Dr Ibrahim Mohammed Awal, the Minister of Business Development on Tuesday announced that over 22,500 students in second cycle and tertiary education institutions are benefitting from Student Entrepreneurship Initiative.
He said 7,500 s…
Government, through the Ministry of Business Development, says it will create 120,000 jobs under the youth entrepreneurship programmes within five years to help reduce youth unemployment and bolster the economy.
Dr Ibrahim Mohammed Awal…
Amidst “record-breaking” production, US government shows appetite to develop industrial dialogue with Africa on LNG
Appetite for imported gas is growing steadily across the African continent
With record-breaking US gas production thi…