Moody’s Corporation (NYSE:MCO) announced today that it has acquired RiskFirst, a leading FinTech company providing risk analytic solutions for the asset management and pension fund communities. The acquisition positions Moody’s Analytics t…
Yango, a ride-hailing service has introduced the ‘Comfort tariff’, an additional tariff in the Yango app which gives individuals the opportunity to order a high-quality air-conditioned car selected manually for a slightly higher but still …
Africa Centre for International Trade and Development (ACINTaD) on Wednesday called for strong institutions and quality infrastructure to be put in place for successful implementation of African Continental Free Trade Area (AfCFTA).
Mr …
Huawei on Thursday announced that their new device Huawei Y7 Prime 2019's special edition is now available in faux leather.
A statement issued to the Ghana News Agency said the special edition had been designed in a new colour with 64-g…
The Bawjiase Area Rural Bank in the Awutu -Senya East District declared a profit before tax of GHC 1, 948,328 in 2018 compared to GHC 1, 865, 134 to recorded in 2017, representing four point five percent increase.
It also recorded a gro…
GCB Bank Ltd. (GCB) has presented GHC16.9 million to government as dividend for the year ending 2018.
Mr. Anselm Ray Sowah, Managing Director of the Bank, presented the cheque for the amount to the Minister of Finance, Mr. Ken Ofori-Att…
Tullow Oil Ghana has joined forces with two other institutions to mentor Human Resource (HR) practitioners with the competencies required to climb higher the professional ladder.
Tullow is therefore partnering the Institute of Human Res…
Ghana is expected to hit 95 per cent of mobile telephone connectivity by next year, 2020, Mr Vincent Sowah Odotei, Deputy Minister of Communications announced on Wednesday.
He explained in Parliament that, the Ministry of Communications…
The United Nation's Office for Project Services (UNOPS) is training about 170 small and medium entrepreneurs to equip them with necessary skills for procurement tendering and better access to UN entities that would be tendering for product…
Project Assist Global Limited, a project management consulting and training company, is set to organise the maiden edition of 'My Future 2019' Job Fair on Saturday, 27th July at Prisco Park, Tema.
The Fair, is expected to provide a matc…
Google-parent Alphabet and the online retail giant Amazon have both reported a near 20% rise in revenues for the latest quarter.
Alphabet said advertisers were spending more on its search and YouTube services.
However Amazon reported…
The government has had to cough up over GH¢2 billion since the beginning of the year as a result of the various agreements with the country's independent power producers signed between 2014 and 2016.
The bills are beginning to take a …
Mr Ekow Afedzie, the current Deputy Managing Director of the Ghana Stock Exchange (GSE), has been appointed to act as the Managing Director effective August 1.
The council of the Ghana Stock Exchange announced on Tuesday that the Managi…
Twitter reported second-quarter profit of $1.1bn (£900m) compared with $100m a year earlier, helped by a tax benefit.
Twitter's revenue rose 18% from a year earlier to $841m but the company forecast total revenue for the third quarter w…
The Pan-African Payment and Settlement System (PAPSS) was formally launched by the African Export-Import Bank (Afreximbank) at the African Union Extraordinary Summit, which ended recently in Niamey, Niger Republic.
The PAPSS, then becom…
The Ghana Community Network Services Limited (GCNet) on Wednesday presented a dividend of GH¢20 million to government for 2018 financial outturn.
The amount represents 20 per cent government shareholding in GCNet, which is held by the G…
President Nana Addo Dankwa Akufo-Addo, on Wednesday officially opened the Community Mining initiative instituted by the Inter-Ministerial Committee on Mining (IMCM) as alternative to the destructive illegal mining activities.
The Akufo …
Ghana will host the first leg of the 2019 African Caucus Meeting of the Governors of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Accra between July 31 and August 2.
Ghana is hosting the meeting through the Mi…
The African Development Bank Board on 17th July 2019 approved $6.6 million funding to finance South Sudan’s payment and settlement systems integration project. The project is consistent with the Bank’s updated country strategy paper which …
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South Sudan has launched a mobile phone-based money transfer dubbed M-Gurush.
The new mobile phone-based money transfer service has been launched through a partnership between Trinity Technologies and Zain which will allow users to depo…
H.E Macky Sall, President of the Republic of Senegal meets with Africa Oil & Power CEO Guillaume Doane to discuss Senegal’s next phase of investment
President Sall will receive the Africa Oil Man of the Year award at the AOP 2019 conf…
Cuda Oil and Gas Inc. Announces Agreements to Sell all of its Quebec Assets for a Total Transaction Value of $10.59 Million
Cuda Oil and Gas Inc. (“Cuda” or the “Company”) (TSXV: CUDA) is pleased to announce that it has entered into a s…
The African Development Bank, the Association for the Development of Education in Africa and the African Union are recommending the establishment of the African Education Fund as the unique African mechanism to address the challenges…
Known as the 4th estate of government, the Ghanaian media landscape has over the past two decades evolved not only as an avenue for engaging citizens but a lucrative business sector that has produced some successful entrepreneurs and busin…
To date, Paxful’s #BuiltWithBitcoin initiative has raised over $200K for charities across Africa and the MIddle East
One of the largest peer-to-peer (P2P) bitcoin marketplaces and digital wallet providers in the world - Paxful - has don…
British Airways will resume flights to Cairo on Friday after services to the Egyptian city were suspended for a week because of security concerns.
In a statement, the airline said it had "reviewed security arrangements" and would restar…
African Development Bank welcomes Fitch’s affirmation of AAA Rating: Driven by extraordinary shareholder support
The rating provides a significant boost for the Bank at a time when it is discussing a substantial general capital increase…
REDAVIA, a global market leader of cost-effective, reliable and clean solar power for businesses and communities, has launched a crowdfunding initiative to fund 10 upcoming solar Units in partnership with Lendahand, an online impact invest…
The World Bank's Chief Economist for Africa, Dr Albert G. Zeufack, has cautioned African countries against làrge borrowing and loading up on debt, saying it is leading to debt unsustainability on the continent.
He observed that in the…
A six-member Zambian delegation is in Ghana to explore viable opportunities of marketing and selling Zambian gemstones by the Precious Minerals Marketing Company (PMMC).
The delegation has therefore held several meetings with official…
Mike Ashley's Sports Direct has said it is "still finalising" its financial results, which were due to be released early on Friday morning.
It is extremely unusual for a firm to delay results in this way, with one analyst calling events…
The French fashion house Sonia Rykiel, which symbolised the spirit of Parisian 1960s rebellion, has gone into liquidation.
The business will be wound up after the search for a buyer failed.
Sonia Rykiel, the brand's founder, became k…
The European Central Bank has hinted it could cut interest rates to tackle a slowdown in the eurozone economy.
It said a weak manufacturing sector and uncertainty over Brexit and trade threatened to derail growth in the bloc.
The ECB…
Losses in three counters in the petroleum marketing, telecom and beverage sectors dragged the benchmark index down by 23.25 points (-1.01%) to close at 2,311.47 with a -10.14% year-to-date return while market capitalization declined by 0…
Activities on the stock market were less exciting during the past week. The GSE Composite Index finished 0.76% lower than the previous week’s 2,353.09 points. Attention was on the telecommunications sector in anticipation of the reading of…
Mobile Telecommunication Network (MTN) Ghana, has threatened to take legal action against institutions that destroy their fibre cables, resulting in poor network services.
According to Mr Samuel Koranteng, Corporate Services Executive o…
Volkswagen's first half operating profit rose 10% to €9bn, it announced earlier.
While sales of Audi's dropped, there was higher demand for VW, Porsche and Skoda cars.
Volkswagen confirmed its financial outlook for the year.
The Melcom Group of Companies has held its third draw of the raffle campaign dubbed: "BIG 30", in Accra to reward its numerous loyal customers.
The event, which was organised under the supervision of the National Lottery Authority, saw …
GCB Bank has paid a dividend of GHS16.9 million to the government for the 2018 Fiscal Year.
The cheque was presented to Mr Ken Ofori-Atta, Minister of Finance by the Managing Director of GCB Bank, Mr Anselm Ray Sowah at a short ceremony…
Ghana is set to make billions of dollars from other tree crops aside from cocoa following the successful implementation of the Planting for Export and Rural Development, the Minister of Food and Agriculture, Dr. Owusu Afriyie Akoto, has …
Sometimes, rejection can be a blessing in disguise. Yes, that's truly annoying advice for someone who's recently been rejected, but honestly, it did work out well for Travis Grillo, founder of Grillo's Pickles. After being turned down for …
Maphlix Trust Ghana (MTG) Limited has begun a search for strategic investors to help establish a $6million factory in the Ketu North District in the Volta Region to process about 20 million tonnes of sweet potatoes every year into variou…
In a drive to empower the digital lives of customers, Vodafone has partnered Samsung to launch a new smartphone campaign.
According to a statement from Vodafone Ghana copied to the Ghana News Agency, the move reflects the strong relatio…
The Ghana National Gas Company Limited has announced that civil engineering works being done on the relocation of the Karpowership from Tema to the Sekondi Naval Base in the Western Region would be completed at the end of August this year.…
Samsung's first foldable smartphone will go on sale in September after problems with the device delayed its initial release.
The April launch of the Galaxy Fold was postponed after early reviewers reported broken screens.
Samsung sai…
The West African Mills Company, (WAMCO) has made two million dollar profit after its comeback within a period of one and half years.
The factory, which became redundant and laid off hundreds of its workers for lack of cocoa beans was re…
Japanese car giant Nissan has said it will cut 12,500 jobs around the world, more than double the amount previously announced.
It will reduce its production capacity and the number of models it produces by 10% by the end of 2022, but it…
The Bank of Ghana (BoG) has endorsed measures by the Ministry of Finance to cap the amount of domestic bonds that foreign investors can hold as part of efforts to reduce the vulnerabilities that the economy endures.
The Governor of Bo…
The Brakwa Breman Rural Bank Limited has applauded its shareholders for their continuous support and understanding as they continue to make untiring investments into the capital base of the bank.
Mr. Anthony Effah, Chairman of the Board…