The Government has completed the payment of all legacy debts owed the Bulk Oil Distribution Companies (BDCs) and Banks
towards reducing the Non-Performing Loans (NPLs) in the banking sector and strengthening the operations of the BDCs.
…
Customs officials from Ave-Havi Station of the Aflao Command of Customs Division of the Ghana Revenue Authority (GRA) have intercepted 53 rice bags of raw cocoa beans being smuggled from Ghana to Togo.
The cocoa beans were packaged in 1…
Mr Joseph Kofi Adda, the Minister of Aviation, on Wednesday said the Kotoka International Airport Terminal 3 was able to handle more than three million passengers in 2019.
It is also is on its way to hitting the five million passenger t…
Madam Anne Sophie Avè, the French Ambassador to Ghana, has encouraged Ghanaian businesses to exhibit their creativity at the 2020 Africa-France Summit to be held in Bordeaux, France from June 4-6.
She noted that Ghanaian companies had t…
President Nana Addo Dankwa Akufo-Addo has urged Ghanaians to take interest in road construction works to ensure quality and value for money.
"Let us all take an interest and ensure that we get value for money. Never again should it be …
The National Petroleum Authority (NPA) Wednesday launched the Phase II of the Petroleum Product Marking Scheme (PPMS), aimed at further reducing product adulteration and illicit fuel trade.
Product adulteration is said to be a contribut…
President Nana Addo Dankwa Akufo-Addo on Thursday said Ghana is making strides in the railway sector to facilitate the transportation of people and goods.
"I am glad to report that we are m0aking significant and verifiable progress in t…
“Our goal is to surpass developed countries,” African Development Bank VP tells fourth industrial revolution forum
The event attracted Ivorian and regional ministers as well as officials, senior Bank staff and private sector executives
…
Ecobank Fintech Challenge was designed in partnership with the advisory firm Konfidants and is supported by several partners across Africa and globally
Ecobank Group (Ecobank.com), the pan-African banking group, is inviting African fintec…
US households expect their spending power to rise at a slower rate over the next 12 months, as consumers prepare for what some economists say will be “a sluggish year”.
Overall, the median forecast was for household spending to grow b…
The programme has been designed to achieve maximum impact in the areas of transport, urban resilience and sustainable planning
The UK Prosperity Fund, in partnership with Future Cities South Africa is launching their Future Cities Progr…
In his 4th State of the Nation Address (SONA) on Thursday [February 20, 2020], President Nana Addo Dankwa Akuffo-Addo said his government has made arrangements to pay all depositors of failed financial institutions, including DKM.
Pre…
Car sales in China fell 92% in the first half of February as the coronavirus shutdown took its toll, according to an industry trade body.
Car dealerships have remained closed while buyers have stayed away to prevent the spread of the de…
President Nana Addo Dankwa Akufo-Addo has disclosed that German car manufacturing giant, Volkswagen will commence production of by the end of April 2020 in Ghana.
Delivering his State of The Nation Address on Thursday, February 20, 20…
Having gained the approval and trust of smartphone enthusiasts especially in Ghana, the world's second largest smartphone giant Huawei, has launched its 2020 Nova 5T device in Accra.
Mr Simon Lu, Country Manager for Huawei Ghana who lau…
You'll soon no longer find Adam Smith in your wallet or purse. The economist has been replaced as the face of the £20 note by artist JMW Turner.
The Bank of England said the new polymer £20 - which enters circulation on Thursday - is it…
Retail sales improved in January, increasing by 0.9% on the previous month, official figures show.
The Office for National Statistics (ONS) said the amount of goods sold in Great Britain rose by 0.9%, after falls in the previous two mon…
Airlines have warned of a severe financial impact as the coronavirus dampens demand for travel in Asia.
Australia's Qantas said the outbreak would cost it up to A$150m ($99m; £76m), while Air France-KLM estimated a hit of up to €200m (£…
The Bank of Ghana is promoting a set of Sustainable Banking Principles for the banking industry, which requires them to ensure gender equity in their own organizations as well as gender-inclusive financial service delivery.
The Bank is …
The Veterinary Regulatory Unit at the Tema Port has been excluded from the joint inspection management system set up to prevent the importation of coronavirus infected products into Ghana.
Dr Stephen Bonnah, Head of the Veterinary Regul…
The Ghana Beverage Awards (GBA) Committee, after receiving over 500 entries for the 2019 Awards ceremony, has officially closed nominations to the public and all beverage companies ahead of the event in March 2020.
The nominations, whic…
Telecom operator AirtelTigo is thrilling its customers like no other with the launch of “Share Your Love” campaign aimed to appreciate customers in a memorable way.
According to Director of Customer Experience at AirtelTigo, Frank Djan,…
One of the country’s leading telecom operator AirtelTigo has launched new “Unlimited Call Bundles” to make life even more simple for its customers and enable them to call their family and friends without worrying about depleting airtime.
…
EU leaders are meeting in Brussels this week to discuss the bloc's future budget plans.
These negotiations are always challenging, tending to pit net payers against net beneficiaries.
There are proposals from the European Commission …
The Vice President of policy think tank, IMANI Africa, Mr Kofi Bentil, has said the country has failed to fully optimise the use of oil revenues as part of its expenditure mix.
Describing the use of oil revenues to fund various programm…
Top level 3-day Nigeria conference on free trade, plastics industry, global packaging standards, food safety, finance & digitalization
Due to upbeat market development and an ever-increasing interest in the Nigerian market, the 6th edit…
Number of executives at fortune global 500 firms using oxford business group’s research tools hits an all-time high
Representatives from 387, or 77.4%, of companies listed on the 2019 Fortune Global 500 Index are now using the global re…
Africa Women Innovation and Entrepreneurship Forum (AWIEF) marks International Women’s Day in Nigeria with key event
The theme for the AWIEF International Women’s Day (IWD) day is: A decade of economic emancipation of women in Africa 20…
Refinitiv today announced that it has launched Refinitiv Matching for Foreign Exchange (FX) traders for the first time in Ghana. Refinitiv Matching is a leading industry solution that offers real-time credit screening, easy price discovery…
The outbreak of the coronavirus, coupled with record valuations in equity markets, has triggered a global sell-off of high-risk investments and a significant shift in sentiment among global investors. Accompanying the dip is a well-reporte…
Bank also commits to net zero carbon emissions from its operations by 2030
Standard Chartered (www.SC.com) has today announced new business targets for supporting its clients as they transition to a low carbon economy as part of its Sus…
Mrs Elsie Awadzi, Second Deputy Governor of the Bank of Ghana, has called for joint efforts of the public and private sectors to push women economically for national development.
She said this is because women had been known to have the…
Uber has closed a customer support office in downtown Los Angeles, laying off around 80 workers.
Some of the roles are expected to be moved to the company's operation in Manila in the Philippines.
Most of the staff affected worked on…
Mr Prince Bagnaba Mba, President of Forum for Equity, a, human rights organisation has called on government to intensify oil exploration in northern Ghana.
He said:" the Ghana National Petroleum Corporation, the Petroleum Commission, N…
The Sefwi Wiawso Municipal Assembly is raising 20,000 coconut and 40,000 oil palm seedlings for 2,000 farmers, this year, as part of efforts to intensify government's flagship programme of Planting for Export and Rural Development (PER…
The Birim Central Municipal Assembly has handed over a pigsty, built at the cost of GHS16,991.00, to a 34-year farmer at Akim-Oda, Daniel Kwadwo Peh.
The government provided the funding through the Rural Enterprise Programme (REP).
M…
The Association of Ghana Industries(AGI) is to collaborate with the Cocoa Research Institute of Ghana(CRIG) to train young entrepreneurs in the manufacturing of chocolate, cocoa byproducts and other research products developed by CRIG to …
Technology giant Samsung Electronics has announced Ghanaian high-life and afrobeats singer-songwriter KiDi as a new brand ambassador. The talented highlife, afrobeats and afropop singer KiDi, born Dennis Nana Dwamena, is one of Ghana's mos…
By almost every metric, Africa has been central to the Paxful story; company shares about their top 3 priorities for Africa
Global peer-to-peer (P2P) Bitcoin marketplace, Paxful (Paxful.com), believes that the world has much to learn from…
The US has sought to increase financial pressure on Venezuela by blacklisting a subsidiary of Russia's state-controlled Rosneft oil giant.
The move freezes any US-held assets of the Switzerland-based Rosneft Trading SA and its chairman,…
Discussants at the Graphic Business/Stanbic Bank Breakfast Meeting held yesterday proposed varied solutions to help resolve the disparities between public revenue mobilisation and expenditure.
The solutions included the immediate pass…
The government is taking steps to boost confidence in the rice sector by addressing the issue of gluts and ensuring that rice farmers get value for money and are motivated to increase production, the Ghana News Agency has learnt.
In p…
Private jet operators have seen a big spike in requests from passengers wanting to charter their own planes during the coronavirus outbreak.
With airlines scaling back flights in and out of China, some travellers are stuck inside or out…
Apple has warned that disruption in China from the coronavirus will mean revenues falling short of forecasts.
The tech giant said production and sales were affected, and that "worldwide iPhone supply would be temporarily constrained".
…
The Africa Housing Finance Yearbook 2019, states that with Ghana’s housing deficit estimated at well over two million homes and an output of 4,500 units by formal property developers, 90 per cent of all housing supply in the country is b…
Dr Kwaku Afriyie, the Member of Parliament for Sefwi Wiawso, has called for the strengthening of measures to protect cocoa farmers from undue price and market manipulation so as to get enough rewards for their toils.
Without mentioning …
The Management of Ethiopian Airlines has re-assured its Ghanaian clients that it has stepped up passenger screening and aircraft disinfection process at the Addis Ababa Bole International Airport in accordance to the World Health Organisat…
The Ghana Revenue Authority (GRA) in collaboration with the Tema Metropolitan Assembly (TMA) with support from German Development Cooperation (GIZ) has opened a two-day tax education workshop for the informal sector.
The workshop will e…
The Board of Directors of the Prudential Bank has appointed Mr John Kpakpo Addo as the Bank's new Managing Director, effective January 2, 2020.
He takes over from Mr Stephen Sekyere-Abankwa, a co-founder of the Bank, who retires after 2…
Mr Moses Ndebugri, the Upper West Regional Director of the Ghana Tourism Authority (GTA), has appealed to international and private investors to spend on the production of chocolate and other cocoa based products to promote local consumpti…
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