Ethiopian Airlines, the largest Aviation Group in Africa and SKYTRAX certified Four Star Global Airline, has finalized preparations to resume daily flights to Asmara, Eritrea from on 17 July 2018.
A statement issued in Accra by Mrs Ani…
PhosAgro and Growthpoint Properties Among Big Winners on Institutional Investor's Inaugural Emerging EMEA Executive Team Ranking
NEW YORK, July 12, 2018 (GLOBE NEWSWIRE/Knowledge Bylanes) -- PhosAgro and Growthpoint Properties are among…
The Regional Representative of Acreaty Management Plc, a human resource firm in Ghana, Mrs Elsie Appau-Klu has been honoured at the 8th edition of the African Achievers awards.
She was given Special Recognition Award for her role in pro…
Sales 2018 was on Wednesday launched in Accra to promote the products of indigenous businesses.The fair, which would run from September 27th to October 8th, 2018, would be opened to the general public at no cost, and is expected to attract…
A total of 12,212 people in the Karaga and Gushegu districts of the Northern Region of Ghana have so far benefited from the savings for transformation (S4T), an initiative of World Vision International, a Christian Non-Governmental Organis…
Databank has posted good performance on five of its investment Funds for the 2017 financial year, the first time that all five funds have performed positively, with the BFund recording the highest performance, followed by the Epack.
Mr.…
The Ghana Revenue Authority (GRA) has organized a two-day seminar for Customs officials and stakeholders in Tema on the Custom Act 2015 (ACT 891) and related issues.
The seminar is to sensitize participants on the provisions of the Act,…
The Ghana Grid Company (GRIDCo) is losing 280 million cedis due to the recent reduction in electricity tariff by the Public Utility Regulatory Commission. Mr Jonathan Amoako-Baah, Chief Executive Officer of GRIDCo, who revealed this, said …
The Ghana Cocoa Board (COCOBOD) is to cut down 39 per cent of the country’s cocoa trees covering a total area of 742,187.81 hectares which are infested with diseases and were moribund, to pave the way for replanting in the affected areas.
…
The Ministry of Trade and Industry has served notice to all foreigners engaged in the retail sector to move out of the retail sector by Friday, July 27.
The Ministry in a public notice published yesterday in the Daily Graphic newspaper …
The UK government has cleared a proposed deal for Rupert Murdoch's 21st Century Fox to buy Sky.
The British broadcaster has been the subject of a fierce bidding war between Fox and US cable giant Comcast.
Comcast's bid has already be…
U.S. loan applications to refinance existing homes fell to their lowest in over 17-1/2 years even as most 30-year home borrowing costs fell last week, data from the Mortgage Bankers Association showed on Wednesday.
The Washington-based …
Indian refiners cut imports of Iranian oil last month as they started weaning their plants off crude from the country to avoid sanctions by the United States that are set to take effect in November.
India’s monthly oil imports from Iran…
Vokacom, a wholly-owned Ghanaian Information Technology (IT) Company, has been adjudged the Best Software Company of the Year at the 2018 edition of the Ghana Information, Technology and Telecom Awards (GITTA).
The IT Service firm desig…
ECOWAS member states have been urged to provide accurate and reliable data to help the compilation of national accounts to assist in measuring economic development progress across the sub-region.
The Commissioner, Macroeconomic Policy, …
When the high-end property development Lake Las Vegas collapsed during the 2008 financial crisis, 31 funds that helped finance the project lost a total of $540 million. But only one of them, Dallas-based hedge fund Highland Capital Managem…
The Vice President has spoken extensively about the commitment of Government to supporting the growth of technology and creative industries in the country through its policies and reforms
*As VP Osinbajo leads roadshow to showcase growt…
African Trade Insurance Agency (ATI) to pay first dividends to African member governments & other shareholders
ATI has earmarked an initial USD2.5 million in payments to its shareholders which include 14 African member governments
In…
The summit programme will draw together over a thousand key players and leading decision makers to discuss drilling programmes, farm-ins, data viewings and new financing models
Africa Oil Week (AOW) (Africa-OilWeek.com) has announced it…
Rupert Murdoch's 21st Century Fox has increased its offer for UK broadcaster Sky to £24.5bn.
This tops a previous offer from rival bidder Comcast and is part of an escalating battle between media giants, including Disney.
Fox is expe…
Pfizer Inc (PFE.N) announced plans on Wednesday to reorganize into three units, separating its consumer healthcare business that the U.S. drugmaker has been trying to sell since last year.
The company said it is still looking for option…
Bosch Power Tools Ghana has introduced Bosch Go automatic screwdrivers into the Ghanaian market.
Powered by a lithium-ion battery Bosch GO is compact and easy to carry around anytime, anywhere.
Julian Perigrino Nelson, Regi…
Mr. Eugene Ofosuhene, the Controller and Accountant General has asked all public sector accountants to strictly adhere to the Ghana Integrated Financial Management Information System (GIFMIS), the new financial reform scheme for improved f…
Increased access to finance could help thousands of smallholder farmers while improving Mali’s agriculture sector
Rome, 10 July 2018 – More than 440,000 smallholder farmers in Mali will soon have better access to rural financial servi…
Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today released the Investment Banking Sub-Saharan Africa (SSA) region review for the first half of 2018.
“The most notable fea…
In a recent meeting in the Ghanaian capital city-Accra, stakeholders representing government agencies, International NGOs, Civil Society Organizations (CSOs), youth organisations and the private sector expressed strong support to the 2nd …
I hope you had a great weekend. I am excited to introduce you to a brand new product that I am certain the BusinessGhana? audience would love to know about. Let me know if I can provide more information, set up an interview, or request a…
UNISOC, a leading fabless semiconductor company, today announced its latest 28nm WCDMA platform SC7731E has been adopted by one of the largest mobile phone companies in South Africa - MOBICEL. MOBICEL ASTRO, the world's first smartphone po…
China said it is "shocked" after the US announced plans for fresh tariffs, escalating a trade war between the two countries.
The US listed $200bn (£150bn) worth of additional products it intends to place tariffs on as soon as September.…
Eight business teams have been selected to proceed to the final round of the Kosmos Innovation Center AgriTech Challenge programme.
The AgriTech Challenge is an annual competition that encourages young entrepreneurs to take a fresh look…
The head of Fuji Xerox Co Ltd, the joint venture between Fujifilm Holdings Corp (4901.T) and Xerox Corp (XRX.N), on Tuesday said an escalating dispute between the partners will not lead to the venture’s dissolution.
“I’m confident a bre…
Barclays Bank of Ghana has announced the appointment of Mrs Abena Osei-Poku by the Board of Directors, as Managing Director of the Bank.She takes over from Patience Akyianu who will be leaving the bank at the end of September this year.
…
When asking businesspeople and economists to name a continent that springs to mind for its opportunities, workforce and potential to provide stable growth for the next five decades, few would say Africa.
However, investment banker Mark …
China’s commerce ministry said on Tuesday it is raising “anti-dumping tariff rates” for some optical fiber products originating from the United States, effective on Wednesday, July 11.
The new anti-dumping tariff rates for dispersion un…
The World Bank has appointed Hafez Ghanem as the new World Bank Vice President for Africa, effective July 1.
A statement from the World Bank said a development expert with over 30 years of experience; Ghanem would lead an active regiona…
The Amenfiman Rural Bank Limited at Wassa Akropong in the Wassa Amenfi East District has rolled out plans to up its respective Capital contributions from the current GH¢ 2.3 million to GH¢10 million over the next five years.
In the shor…
The Ghana Employers Association (GEA) has called on government to involve its members in the implementation of its flagship One District one Factory Initiative.
It said, its large membership base, all engaged in medium and large scale b…
TravelClick Offerings Enable Mangalis to Maximize Revenue during Rapid Expansion Across Africa
TravelClick, a leading global provider of data and revenue-generating solutions for hoteliers, today announced that Mangalis Hotel Grou…
Ms Shirley Ayorkor Botchwey, Minister for Foreign Affairs and Regional Integration has urged the Government of Venezuela to partner Ghana on government policy initiatives to enhance economic transformation for both countries.
She said G…
The Auditor-General has submitted four audit reports to Parliament in accordance with the requirement of the Constitution.
These are the performance audit report on management of health care waste, consolidated annual accounts for the 2…
The UK's economy grew by 0.3% in May, helped by the royal wedding and warm weather, latest figures show.
The latest assessment by the Office for National Statistics marks a change in the way the UK's GDP is calculated.
From now on, t…
The Ghana Stock Exchange (GSE) is optimistic of achieving in a year what it could not achieve in its 29-year-old history.
By giving five institutions, including MTN Ghana, the nod to raise a total of GH¢4.67 billion on the equity market…
The National Insurance Commission (NIC) is optimistic that effectively implementing its Risk-Based Supervision (RBS) policy will curb malpractices in the insurance sector, especially the practice of premium reduction by some insurance comp…
The gala rounds off the Nigeria Oil and Gas Conference and Exhibitions, holding from July 2 to July 5, 2018
The Aiteo group (AiteoGroup.com) was declared Indigenous Oil and Gas Company of the Year at the Nigerian Oil and Gas(NOG) Awards…
Up to 4.6m bottles of Spanish rosé wine have been labelled as French and sold in French cafes, hotels and restaurants, officials say.
The findings come from France's anti-fraud directorate after a two-year inquiry into producers, import…
Nissan has admitted that it has uncovered falsified data from car exhaust emissions tests at most of its Japanese factories.
The firm did not disclose how many cars were involved, but said emissions and fuel economy tests had "deviated …
Bead makers in Ghana have adopted modernised methods to transform the traditional beading styles into the fashion industry to attract the youth.
A Ghana News Agency (GNA) survey focusing on the bead making industry revealed that the ind…
Mr Dennis Gyeyir, the Technical Officer of the Public Interest Accountability Committee (PIAC) has said the committee has found out that the price of the Tweneboa, Enyenra, Ntomme (TEN) crude for Ghana Group was lower than the estimated be…
Market Summary
Large cap banking stocks, ETI (-5.00%) and EGH (-9.37%) dragged the benchmark index by 43.56 points (-1.49%) as the selloff in the market continues. Consequently, the GSE-CI closed with a 13.58% year-to-date return. Marke…
The benchmark index climbed marginally by 1.24 points (+0.04%) ending a streak of losses in two consecutive sessions on the back of gains in GOIL (+1.27%) to close at 2,931.23, translating to a 13.63% year-to-date return. Market capitaliza…