The International Monetary Fund Executive Board has lauded authorities for strengthening the banking sector and resolving issues involving nine banks.
In a statement after the seventh and eighth reviews under the Extended Credit Facilit…
Ride-hailing firm Uber will list on the New York Stock Exchange, according to reports, in one of the most anticipated stock debuts of the year.
The decision to opt for the Wall Street exchange over the tech-heavy Nasdaq was first report…
The Ministry of Food and Agriculture (MoFA), is partnering the Japanese International Cooperation Agency (JICA), to help rice farmers to scale up the production of quality and tasty local rice in the country.
This is under the "Sustaina…
Ghana's first large-scale mall, Accra Mall, is set to launch a new loyalty club to give families an enthralling shopping experience at the mall on Saturday March 23, 2019.
Dubbed, "Family Club", it is aimed at giving parents and their c…
Dr Gyiele Nurah, Minister of State at the Ministry of Agriculture, has said increased investment by government since 2017 has revived the country's agriculture and related sectors for increased productivity and job opportunities.
For th…
The Board of Directors of the International Monetary Fund (IMF), has given the go ahead for Ghana to officially exit the programme, in relation to the Fund's agreement with the West African country in 2015.
Mr. Yaw Osafo Maafo, the Seni…
The second HortiFresh business platform meeting with the theme: "Exploring Opportunities in the Ghanaian Horticulture Sector – The Role of the Dutch Private Sector" has been held successfully in Accra.
The meeting, which was held on Mar…
Republic Bank (Ghana) Limited has partnered Vodafone Ghana to deliver mobile money cash services.
As a partnering bank, Republic Bank can now hold on to funds generated from Vodacash transactions as deposits and also has the opportunity…
Dr Albert Tourna Mama, Ghana's Resident Representative at the International Monetary Fund (IMF), says Ghana's macroeconomic outlook is now better than five years ago when she went in for the IMF programme.
He noted that for the first ti…
Ms Philomena Tan, Managing Director of Nestlé Ghana Limited says the business recorded a 12.8 percent growth in 2018.
She stated that it achieved the significant growth point due to the commitment of the downstream distributors who work…
The Ghana Export Promotion Authority (GEPA) has built a facility to support Abompe bauxite bead makers in the Fanteakwa South District of the Eastern Region.
The facility which would accommodate over 100 beads makers has been completed,…
In the quest to increase yields of crops, ensure food security in the midst of long drought and torrential rains, the first cohort of Agriculture experts are receiving training to support the development of smallholder farmers.
Under th…
The Executive Board of the International Monetary Fund (IMF) has completed the last review of the Extended Credit Facility (ECF) for Ghana, signifying the conclusion of the four-year support programme.
The Executive Board decision now a…
The government has described the recent oversubscription of its Eurobond as an overwhelming vote of confidence in Ghana's economic resurgence and a recognition of the credibility of Ghana's economic management team.
The $3billion Eurobo…
Mr Kojo Oppong Nkrumah, Minister of Information has proposed to Turkey to open up its market to Ghanaian traditional and cultural products to enable them to earn foreign exchange.
With such a move, he stated that Turkey could become a h…
Barclays Bank Ghana, a member of Absa Group, is set to provide a financing programme to support Ghanaian farmers and traders on the Ghana Commodity Exchange (GCX).
In a Memorandum of Understanding (MoU) recently signed with the managers…
MTN, Ghana’s leading Telecommunications Company and Business World, Ghana’s foremost business magazine will host leading Technology Experts at the 25th MTN Business World Executive Breakfast Meeting.
The much anticipated event, on the t…
Ecobank (www.Ecobank.com) is proud to announce that its prestigious Ecobank Academy will be training 150 senior leaders of the International Federation of Red Cross and Red Crescent Societies (IFRC) from 45 African countries this week to s…
Market Summary
MTN Ghana (+1.43%) advanced by GH¢0.01 to close at GH¢0.71, due to positive sentiment ahead of dividend payments. The benchmark index gained 9.59 points (+0.39%) to close at 2,460.73 with a -4.33% year-to-date return.
…
The sixth International Africa Development Forum (FIAD) kicked off Thursday in the Moroccan city of Casablanca under the theme "when East meets West."
The opening of the forum was chaired by Sierra Leone's President Julius Maada Bio, wh…
Chinese Premier Li Keqiang said Friday the country will further improve its business environment to unleash market vitality and creativity.
Although the business environment in China has notably improved in the past few years thanks to …
The United Nations Economic Commission for Africa (ECA) on Thursday urged African experts and scholars to support the effective realization of the African Continental Free Trade Area (CFTA) through quality research outcomes.
Andrew Mold…
Japanese Multinational automobile manufacturing company, Suzuki Motor Corporation on Tuesday, announced its intention to set up a production facility in Ghana.
The company, also intends to make Ghana the hub of its operations in sub-Sah…
Mr Osei Gyasi, Head of Banking Supervision Department of the Bank of Ghana (BoG) says the financial sector needs professionals with integrity in order to strengthen it.
He said one of the important activities within the banking space wa…
Ghana and Guinea are set to begin discussions for bilateral cooperation in bauxite industry development, similar to the trade cooperation between Ghana and Ivory Coast in the Cocoa sector.
This was made known by Vice President Dr Mahamu…
Management of AB Farms Ventures has signed a Cooperation Agreement for financial support with Rabobank Foundation and HortiFresh under the third Exporter-Out Grower Financial Product in Accra.
Supported by the Embassy of the Kingdom of …
President Nana Addo Dankwa Akufo-Addo on Tuesday assured that government is taking measures to fix the fragility of the Cedi, urging a greater dependence on local goods and services, and not on exports by the citizenry.
Already, the Ced…
The Vice President and head of Ghana's economic management team, Dr. Mahamudu Bawumia, will answer questions relating to the state of Ghana's economy at a town hall meeting slated for April 3, 2019 at the College of Physicians and Health S…
Forbes and BusyInternet today announced the availability of Forbes8, a digital network that features more than 2,000 videos designed to inspire every aspect of an entrepreneur’s journey.
BusyInternet has for the past 18 years built a st…
IFC, a member of the World Bank Group, is partnering with the Ghana Stock Exchange and over 70 other stock exchanges around the world to “Ring the Bell for Gender Equality”—an initiative linked with International Women’s Day that promotes …
The Ghana Revenue Authority (GRA) exceeded its revenue target for the Ashanti Region in 2018 by 73.95 million.
The Regional tax hub set itself a target of GHC578.80 million, but raked in more in the sum of GHC 652.23 representing 12.7 p…
Mr Thomas Kojo Stephens, Vice Chairman of the Public Interest and Accountability Committee (PIAC) has called for proper guidelines in the selection of priority areas when it comes to the execution of petroleum fund projects in the count…
Mr Ebenezer Philip Azidoku, the Kwahu Afram Plains North Agriculture Director has expressed worry at the deplorable nature of roads leading to communities where beneficiary farmers of the government's 'Planting for Food and Jobs' programme…
The Government has reached final agreements with the India Export-Import (EXIM) Bank for the financing arrangements towards improvement of agricultural mechanisation services in farming communities across the country.
The agreement is a…
The African Aurora Business Network (AABN) Innovation Centre has certified 333 young entrepreneurs from its Young Executive Business Growth Program (YEBGP).
The certification is part of the Youth Inclusive Entrepreneurial Development In…
Ghana Revenue Authority (GRA) has expressed its determination to do all it can under the laws and employ innovative strategies to ensure that all taxable entities pay their appropriate taxes to support the country's development.
Mr Paul…
The country's cocoa production is under threat because policies by various governments on cocoa production and protection are not consistent.
Dr Francis E. Awortwi, the Acting Head of Department of Environmental Science at the Universit…
Mr. Amidu Issahaku Chinnia, the Deputy Upper West Regional Minister, has urged investors to take advantage of the business opportunities in the area to create jobs and wealth for the people.
The region's strategic location - closeness t…
Paris has come top of a ranking of the world's most expensive cities, alongside Hong Kong and Singapore.
It's the first time three cities have shared the top spot in the 30-year history of the annual Economist Intelligence Unit survey, …
Consolidated Bank Ghana Limited has opened a new branch at Korle Bu in Accra. This comes within a month after the bank launched the Labone branch in Accra.
Speaking at the opening ceremony, the Chief Executive Officer of the bank, Mr Da…
MTN, Ghana’s leading telecommunications service provider, has launched its 4G+ service to provide faster data speeds with widest coverage for its customers.
The 4G+ service runs on 4G LTE Advanced technology using the combination of the…
For the upcoming F1 season, beginning today, Marriott International (www.Marriott.com) is revving up and expanding its marketing partnership with Mercedes-AMG Petronas Motorsport. The big winners will be the members of Marriott Internation…
Opinion by Zwelakhe Gila, Head of Commodities, African Energy Chamber,
Coming at a time when South Africa's policy makers are struggling to diversify the country's energy mix, Total Exploration and Production Southern Africa recently an…
Market Summary
Sector indices recorded mixed performance. The financial index gained 18.88 points (+0.89%) this week to close at 2,146.67 with a -0.33% year-to-date return due to gains in Access Bank Ghana Limited (+5.26%), GCB Bank Li…
Cabinet on Thursday, March 14, approved a new Downstream Petroleum Policy framework to ensure a Ghanaian-driven and Ghanaian-owned industry capable of attracting increased local and value-added investments and enhance job opportunities.
…
Madam Katherine Lankono, the Nadowli-Kaleo District Chief Executive (DCE), has said seven dams have been set aside for construction in the Nadowli-Kaleo District under the One Village One Dam Policy.
She said many in the District have t…
Vice President Dr Mahamudu Bawumia has said the Government is focused on establishing partnerships with Indian businesses to aid Ghana's ambition of becoming the pharmaceutical hub in West Africa.
Vice President Bawumia said this when h…
U.S. makers of bulldozers and other heavy equipment are raising prices, losing sales and in some cases beginning to trim workers in response to the Trump administration’s protracted trade disputes with various countries, according to a new…
A group known as the Concerned Citizens of Talensi in the Upper East Region has appealed to the President to revoke all licences granted to Shaanxi Mining Ghana Limited and its partners, Yenyeya and Pubodtaaba Mining Groups, to mine at Gba…
The S&P 500 and Nasdaq extended last week’s gains on Monday, lifted by technology and financial stocks, as investors waited for the Federal Reserve’s policy meeting later this week for further clues on the pace of interest rate hikes.
T…