The President of the Ghana Chamber of Commerce and Industry (GCCI), Nana Appiagyei Dankawoso I, has outlined three major areas needing urgent attention by the government.
These are the “one district, one factory” initiative; the Limited…
Microsoft founder Bill Gates again tops Forbes' list of the world's richest people, in a year when the number of billionaires rose 13% to 2,043.
According to the magazine's annual rich list, Mr Gates' fortune rose to $86bn, from $75bn, …
World Bank Group President Jim Yong Kim has announced a record $57 billion in financing for Sub-Saharan African countries over the next three fiscal years, following a meeting with G20 finance ministers and central bank governors.
The…
U.S. electronic payments company MoneyGram International Inc said on Monday that peer Euronet Worldwide Inc's offer could result in a superior proposal compared to the one from China's Ant Financial Services Group.
Euronet had offered $…
Often the most important turning points in markets, and in this case the oil market, happen with a whimper rather than a bang. The ongoing crash in the oil market is mostly associated with OPEC’s fateful 2014 Thanksgiving Day decision to a…
Volkswagen's (VOWG_p.DE) truck division aims to significantly increase its profitability this year as deepening cooperation between the MAN and Scania brands and improving overseas markets spur business, it said on Monday.
Volkswagen (V…
Ghana has made a strong case at the United Nations for the economic empowerment of women in the cocoa industry.
At an event on the sidelines of the on-going 61st Session of the Commission on Status of Women (CSW) at the UN Headquarters …
China's government has been seeking advice from its think-tanks and policy advisers on how to counter potential trade penalties from U.S. President Donald Trump, getting ready for the worst, even as they hope for business-like negotiations…
The Ghana Institute of Governance and Security (GIGS), has petitioned the Council of State to initiate a national forum for discussion on the best formula and fiscal regime to adopt to back the nation’s Upstream Oil Industry.
The Counc…
Mr John Vianney Kumdamuru, Commissioner of the Customs Division of Ghana Revenue Authority (GRA) has called on the personnel of the Division to strive to the GHC 34.8 billion target set by the government.
He said with the abolishment of…
All the 216 metropolitan, municipal and district assemblies are to receive GH?75,000.00 each, under the “Planting for Food and Jobs” programme of the government. Additionally, they would be supplied with pick-up vehicles, motorbikes and u…
Ethiopian Airlines, the largest and the leading Pan-African Airline, has successfully landed its new Boeing 787 Dreamliner aircraft at the Kaduna International Airport in Nigeria.
The operation, which was graced by the attendance of …
The Minister of Trade and Industry, Mr Alan Kyeremanten, has reiterated the government’s commitment to job creation across the country.
He has, therefore, called on the private sector to brace itself up and partner the government which …
UK telecoms giant Vodafone has merged its Indian business with Idea Cellular, India's third-largest network, to create the country's largest operator.
The combined company will have almost 400 million customers, accounting for 35% of th…
The Chief Executive Officer (CEO) of the Tidy Up Ghana Limited, Mr Steven Kofi Ampofo, has charged the government to reduce taxes on importation of environmental sanitation equipment.
That, he said, would help waste management companies…
Toyota Ghana Limited last Saturday honoured two of its employees who emerged winners of its Toyota National Technical Skills Contest.
Mr Rashid Adjei Laryea and Mr Enoch Wilson of the Accra and Kumasi branches, respectively grabbed the …
Unique Insurance Company Limited (UIC) has rolled out a comprehensive motor package to reward drivers who drive safely and do not get involved in any accident throughout the year.
Dubbed the “No scratch promo”, the package is aimed at e…
Nigerian Government commends Dangote Cement self-sufficiency featThe Federal Government has officially confirmed that Nigeria has attained self-sufficiency in the production of cement and is now an exporter of the commodity.
The Federal…
African governments should allocate 10 percent of Pension Funds to support the private sector especially entrepreneurs, Tony O. Elumelu, Chairman of the United Bank for Africa (UBA) Plc has suggested.
He said African governments were …
A former Minister of Finance, Dr Kwabena Duffuor, has suggested the need for the government to use its first year in office to stabilise the economy before pursuing growth.
Dr Duffuor, who has also had the rare chance of being Governor …
The London Stock Exchange says Nigeria's $1 billion Eurobond is eight times oversubscribed and demonstrates international confidence despite the oil-producing nation's economic woes.
The 15-year bond offering 7.875 percent in trading st…
Do you really need someone to tell you what to do at work?
Three years ago, Swedish software consultancy Crisp decided that the answer was no.
The firm, which has about 40 staff, had already trialled various organisational structures…
The US dollar has been getting stronger, but at what point is it just too much for the market to bear?
In short, there's no simple answer.
The dollar on a global trade-weighted basis has strengthened by about 20-25% over the course …
Mark Zuckerberg has revealed deep-seated concerns that the tide is turning against globalisation.
In an interview with the BBC, the Facebook founder said that fake news, polarised views and "filter bubbles" were damaging "common underst…
Ghana’s bid to industrialise and create employment for the teeming unemployed youth required a national procurement strategy that would give a quota to local businesses, Mr. Simon Annan, the Co-founder of Smartbid Company Limited, has said…
The number of Ghanaians worth a minimum of $1 million (GH¢4.6 million) or more increased to 2,900 last year, from 2,700 individuals in 2015.
According to the 2017 Wealth Report published by global property consultancy Knight Frank, out …
The world's largest cocoa producer is seeing demonstrations against a slowdown in exports and a reduced buying price.
Dozens of people protested Thursday in Ivory Coast's commercial hub of Abidjan and in San Pedro, home of the country's…
Many businesses are turning away from Ghana due to the high facilitation fees charged by the government for the establishment of businesses in the country, the Ghanaian community in China has asserted.
It has therefore, urged the govern…
Showcasing Africa’s premier projects and upstream operators, the forum provides plenty of scope for corporate independents, international oil, gas and energy companies and Government officials to network, present their projects, propose ne…
The rate of Inflation fell marginally in February to close at 13.2 per cent, down by 0.1 percentage point from the 13.3 per cent recorded in January.The rate is the lowest since December 2013.
The monthly change rate for February 2017 …
MoneyGram organized a series of Regional Compliance Conferences with the second meeting which took place on March 6-7 in Lagos. This is a part of the company’s continuous commitment to develop best-in-class compliance solutions and protect…
Entry of the mobile technology ride-sharing service, Uber, into passenger transport markets across the world has brought disruptive competition with substantial benefits to consumers. Africa is no exception.
The Conversation
The Conversa…
The Chamber of Commerce and Industry France Ghana (CCIFG), in partnership with the Kempinski Hotel Gold Coast City, has held a Gala Night in Accra.
The high-level business networking which took place on March 9, was attended by about 30…
UK interest rates have been kept unchanged at 0.25% by the Bank of England's rate setting committee.
However, one of the nine who sit on the Monetary Policy Committee (MPC), Kristin Forbes, expressed concern about inflation and voted to…
The Atwima Mponua Rural Bank Limited at Toase in the Atwima Nwabiagya District in the Ashanti Region recorded profit before tax of about GH¢1 million for the year 2015 as against GH¢1.1 million in 2014, representing a marginal drop of 6.13…
Nigeria's economy is still a mess. Unfortunately, it may be a while before things right themselves.
Like many energy-rich countries, Nigeria's economy got hit hard when oil prices plunged to $26 a barrel in February last year. To put th…
The Chief Executive Officer of Afro-Arab Group of Companies, Alhaji Abdul Salamu Amadou has been named the Business Personality of the Year at the Nima Excellence Awards Night.
Alhaj Amadou's company - Afro-Arab Group of Companies - als…
Shares in Anglo American have soared after an Indian billionaire said he would spend up to £2bn taking a stake in the miner.
Anil Agarwal, who controls Vedanta, said on Wednesday he would make the investment through his family trust Vol…
Ecobank Ghana has launched Masterpass QR, a smart merchant solution that accepts payments for goods and services from the mobile phone, providing micro, small and medium enterprises the opportunity to move from cash to digital payments.
…
It is fast approaching 20 years since a November 1999 conference held in Cote d’Ivoire during which 44 African states adopted the Yamoussoukro Decision (YD) which called for an open skies air transport policy across the continent.
But a…
The Ghana Export Promotion Authority (GEPA), on Tuesday began a series of training programmes for exporters on the implementation of a single and shared exporter online registration system for export declaration.
The three-day training …
Activities on the floor of the Ghana Stock Exchange (GSE) will soon witness some revived momentum as the country’s telecoms giant, MTN Ghana, gets ready to list on the local bourse.
Although it is not clear when the telecoms market lead…
Culture Secretary Karen Bradley has asked regulators to examine Rupert Murdoch's 21st Century Fox's takeover bid for Sky.
In a statement to parliament, she told MPs that media regulator Ofcom and competition regulator, the CMA, would be…
Ghana must help halt illicit financial flows into Africa by using its educational institutions, Professor Horace G. Campbell has urged.
Prof Campbell, who is the Kwame Nkrumah Chair at the Institute of African Studies at the University …
Parliament Wednesday passed four tax amendment bills under a certificate of urgency to give tax cuts to businesses and reduce the cost of doing business in the country.
The bills are the Income Tax (Amendment) Bill, 2017; the Special Pe…
Mr. James Y. A. Kwofie has been appointed by the government as the Acting Managing Director of Ghana Post Company Limited, Ghana’s designated postal operator. His appointment took effect on Wednesday, 22nd February, 2017.
Mr. Kwofie has…
Mr Boakye Agyarko, Minister of Energy, has called all Ghanaians to join hands to develop legally and socially binding commitments to ensure the treatment of all human excreta by 2019.
Mr Agyarko said this would address the country’s hu…
The Hungarian Chamber of Commerce in collaboration with the Ghana Chamber of Commerce has held the Second Ghanaian-Hungarian Business Forum in Accra.
At the forum to showcase their works, were representatives of about a dozen of Hungari…
The U.S. Federal Reserve raised interest rates on Wednesday for the second time in three months, a move spurred by steady economic growth, strong job gains and confidence that inflation is rising to the central bank's target.
The decisi…
The President of the Environmental Service Providers Association (ESPA), Dr Joseph Siaw Agyepong, has called on the government to waive taxes on the importation of sanitation machinery into the country.
According to him, private waste m…