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…
A two-year study on financial inclusion of women and youth in sub-Saharan Africa has found that the mobile device holds key to financial services access for women and young adults.
The research, conducted by the African Centre for Econo…
The Ghana Trade and Livelihood Coalition (GTLC) has called for the establishment of a special fund to ensure low cost credit facilities to farmers in place of the current subsidised fertilizer system.
The Coalition said it is concerned …
The National Development Planning Commission's (NDPC) fourth National Development Forum is slated to occur on Thursday, 29 August, from 1730 hours to 1930 hours at the British Council in Accra.
A statement signed by Mrs Akosua D. Ntim S…
Women farmers at Brutu in the Nandom District in Upper West Region have called on government, stakeholders and development partners to support them with irrigation dams to enable them to engage in dry season vegetables farming.
Accordin…
Dr. Tina Abrefa-Gyan, a social worker and an activist on gender and development issues on Monday called on the government to give tax reliefs to organisations and individuals helping to address humanitarian issues.
She said with appreci…
While looking into expanding its presence in South Africa, Paxful is hoping to nurture as much female talent as possible
Paxful (Paxful.com) planning to expand presence in South Africa. Plans Africa-wide recruitment drive with a focus o…
Industry celebration of the movers and shakers driving the digital ecosystem across Africa
A little magic will take place at the AfricaCom Awards [1] this year, with the return of old favourites and the addition of several new categorie…
Last month, Roots Hotel Apartment, a design inspired boutique hotel in Accra, launched “Back To Your Roots” a series of cultural events and experiences inspired by Ghana’s national tourism initiative, “The Year of Return”. The series began…
Ayuk has devoted Chapter 17 of Billions at Play: The Future of African Energy to the U.S. and Africa, along with America’s potential to bolster Africa’s journey to a brighter future
The latest book by leading African energy attorney NJ …
Devested interests
The global legal services market is currently worth around a trillion US dollars and is set to grow significantly over the next three years whether, or not, the world collapses into a recession.
Lawyers arose from …
The Parliamentary Caucus on Population has pledged to advocate for change in social norms, laws and policies and to uphold human rights that promote gender equality and empowerment of women and girls.
They stressed the importance of i…
The value of the pound has fallen following news that Prime Minister Boris Johnson is planning to suspend Parliament on 9 September.
The move is expected to prevent opposition leaders from passing a law to stop a no-deal Brexit.
The …
The Social Security and National Insurance Trust (SSNIT) will, from October 1 to December 31, 2019, issue statements of account of contributors to them via e-mail or text messages.
The initiative is aimed at ensuring that members are ma…
The Securities and Exchange Commission will increase the minimum capital requirement of Ghana's fund managers to 2 million cedis ($365,260) from the current 100,000 cedis.
The Director-General of the SEC, Daniel Ogbarmey Tetteh told Blo…
Airtel Africa, a leading telecommunications services provider with operations in 14 countries across Africa, today announced that it has crossed the 100 million customers mark across its operations. Airtel Africa is the second largest mobi…
Gains in four counters in the banking and telecom sectors pushed the GSE Composite Index up by 30.23 points (+1.33%) to close at 2,309.34 with a -10.22.40% year-to-date return while market capitalization increased by 0.89% to settle at G…
MTN Ghana is set to organize its maiden Game Conference in Accra on the 30th of August, 2019. The MTN Game Conference is designed to create an opportunity for select individuals within the gaming community to collaborate and network.
Th…
Equatorial Guinea’s Ministry of Mines and Hydrocarbons (MMH) is pleased to announce that U.S. oil and gas company Noble Energy has made a discovery in offshore Block I
Noble Energy makes oil discovery in Block I, located in Equatorial G…
Ecobank Transnational Incorporated announces the appointment of Ayo Adepoju as Group Chief Financial Officer
Ayo Adepoju was appointed as the Acting Group Chief Financial Officer in April 2019
Ecobank Transnational Incorporated, ETI …
Emirates Aviation University has introduced an “international student study package”, offering financial benefits and support to international students. The package includes; 20 percent savings on costs for university
accommodation, 15 …
More than twenty Small and Growing Businesses (SGBs) within the oil palm, cocoa and artisanal gold mining sector in the Western and Central Regions have received training on how to overcome challenges that could hinder their readiness for …
Akuapems in the Eastern Region, have been urged to cultivate more cocoa, to help increase the output of cocoa production in the country.
Okyeame (linguist) Akuffo Kwadwo from the Pokrom Palace told journalists that Akuapem lands were fe…
Government says it will start an initial three-month consultation with Independent Power and Gas Producers for them to contribute to strategies towards improving the energy sector.
This comes after a meeting with the Independent Power…
The Ghana Alternative Market (GAX) has stepped up its education campaigns to encourage Small and Medium enterprises to list on the Exchange to reap the benefits of long-term capital for growth.
Mr David Tetteh, a Consultant to the Ghana…
The Cash Management Directorate of the Controller Accountant General’s Department has identified over 12,000 accounts belonging to the Ministries, Departments, Agencies (MDAs) and the Metropolitan, Municipal and District Assemblies (MMDAs)…
Republic Bank (Ghana) Limited, a subsidiary of Republic Financial Holdings Limited has reconstructed and commissioned an ultra modern fitness centre for its staff. The Staff fitness center, located at its Head Office has equipments such as…
Franchise opportunities - Africa’s economy will grow faster than any other continent’s over the next five years and flexible working is a huge part of that future
International Workplace Group (IWG plc) this month announced the expansio…
Multi-disciplinary team of SAP employees from 12 nationalities to apply skills, transfer knowledge to Ethiopian social enterprises with aim of driving change, sustainable impact ahead of Social Enterprise World Forum 2019.
SAP today a…
Upgrade of three GE’s LM6000PA and one LM6000PC Aero derivative gas turbines Improved Plant Efficiency and Reliability
Songas Ubungo Power Plant provides more than 20 percent of the grid connected power in Tanzania; upgrade of three GE’…
Weekly Highlights
Producer Price Inflation hits 8.8 percent.
Yield on the newly issued 20-year bond at 20.20 percent.
GSE drove further southwards, weighed by 11 laggards.
Ghana cedi deprecated against all 3 major trading curr…
The General Secretary of the General Agriculture Workers Union(GAWU), Mr Edward Kareweh said the union cannot locate the 750,000 workers created under the Planting for Food and Jobs(PFJ) in 2017.
He said if the union could locate and ge…
The Ghana Cocoa Board (COCOBOD) has recruited 750 young men and women this year under the cocoa pollination programme to boost yields of cocoa farms in the Dormaa Central Municipality of the Bono Region.
Mr. David Afriyie Gyebi, the Mun…
The Ghana Trade and Livelihood Coalition (GTLC) has called for establishment of special fund to ensure low cost of credit to farmers in place of the current subsidised fertilizer system, which is riddled with smuggling.
GTLC is concerne…
Mr Ebo Abaka Turkson, a businessman, has said dishonesty on the part of employees as a contributory factor to the high risk of doing business in the country.
He said the attitudes of employees towards work must be treated as a national …
Springfield Exploration and Production Limited (SEP), a subsidiary of Springfield Group, will make history by becoming the first independent Ghanaian and African Energy company to drill for hydrocarbons in deep water at depths of 4,000 and…
The Managing Director of Zenith Bank Ghana Limited, Mr Henry Oroh, has been appointed the Executive Director of Zenith Bank Plc.
His appointment has duly been approved by the Board of Directors of Zenith Bank Plc.
Mr. Oroh's appointm…
Mr Samuel Sarpong, the Managing Director (MD) of the National Investment Bank (NIB) has given an assurance that the bank would soon scale up its development banking mandate.
A statement from the Bank copied to the Ghana News Agency said…
Market Performance
Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Losers
Market Summary
The benchmark index moderated by 41.69 points (-1.80%) this week, closing at 2,269.7…
A company with the sole aim of serving the needs of students and parents in the purchase of all items for school has been launched.
The company, Prospectus Ghana Limited, is expected to relieve parents and students of the stress they go…
A car park opposite the infamous New York City housing estate where rapper Jay-Z grew up seems an unlikely place for an agricultural revolution.
Ten shipping containers dominate a corner of the Brooklyn parking area, each full of climat…
The Bank of Ghana (BoG) has published a list of the 25 licensed Finance House (Savings and Loans Companies) as of August 16, 2019.
Additionally, the BoG has also published the list of licensed Finance Houses (11), Leasing Companies (1…
The Sector Manager for Sika Aba Buyer Limited, a cocoa merchant company, Mr Albert Ankomah, has advised farmers to adopt integrated pest management on their farms to reduce agrochemical usage on cocoa plants.
This, he said, will help …
The Ghana National Chamber of Commerce and Industries (GNCCI) on Thursday organised a capacity-building workshop in Accra for members on 'Entrepreneurial Finance', 'Opportunity Recognition' and 'Stress Management'.
The workshop also gav…
Ghana's banking industry is a fiercely competitive one. Banks continuously try to out-do one another in the delivery of bespoke services built on technology. Zenith Bank, despite being an integral member of the industry, appears to lead th…
President Muhammadu Buhari has directed the Central Bank of Nigeria to block food importers' requests for foreign currency in a bid to boost local agriculture in Africa's most populous country.
It is a continuation of a policy that the …