President Nana Addo Dankwa Akufo-Addo on Thursday said Africa’s transformation Beyond Aid is a must as “Africa is eager, Africa is willing”.
President Akufo-Addo was speaking at the opening of the first leg of the African Caucus Meeting…
PBusinesses have been urged to pay attention to improving gender balance at top management in order to expand.
The First Lady, Mrs Rebecca Akufo-Addo, who gave the advice said, “Research shows that companies with women leadership do b…
The benchmark index moderated by 3.05 points (-0.13%) to close at 2,343.48 with a -8.89% year-to-date return due to losses in five counters in the consumer goods, banking and agro processing sectors while market capitalization declined b…
CBG Ghana has in less than a year, moved from a negative position to post profit, in a generally challenging banking environment. This was on the back of prudent management practices; the Bank has explained.
CBG was formed in August las…
The Stock Market
July 2019 appeared to have been the worst month for the year. The Composite Index’s record low performances for the year and pro-longed decline in prices characterized the stock market. The Composite Index closed the…
Republic Bank Ghana Group, a subsidiary of Republic Financial Holdings Limited, has recorded a half year profit of GHS39.319 million representing a year-on-year increase of 75%. The Bank’s assets level has also increased to GH3.03 billion …
The boss of British Airways-owner IAG has said a pay deal being offered to its pilots is "fair", adding that he is hopeful strikes can be averted this summer.
British Airways will re-enter talks with the British Airline Pilots' Associat…
Ghana and Burkina Faso have opened talks to formalise trade relations in food crops, the Minister of Food and Agriculture, Dr Owusu Afriyie Akoto, has announced.
To this end, Dr Akoto and his Burkinabe counterpart, the Minister for Agri…
There should be real and genuine policies that are aimed at supporting small and medium enterprises in the country, the General Manager Operations of Kina Group, Mr Nuamah Eshun-Famiyeh, has stated.
He said for SMEs to expand and thrive…
Solidaridad, an international solution-oriented civil society organization, is implementing a five-year project to strengthen and deepen the understanding of local community farmers in climate change.
The Ghana Dedicated Grant Mechanism…
Algeria now produces sufficient fuel to meet domestic demand and has not had to import since 2018
Algeria – having just announced “fuel self-sufficiency” – is the latest African oil-and gas-producing country to confirm its attendance at…
Diverse array of opportunities across the whole oil and gas value chain – event to offer exclusive insight into national hydrocarbon strategies and bidding rounds
A report released by Africa Oil Week (Africa-OilWeek.com) and Menas Assoc…
Africa’s largest wind farm, a €620 million energy masterpiece boosting 365 turbines in northern Kenya, will help the East African nation stay on track to reach its target of 100% green energy by 2020.
Known as the Lake Turkana Wind Powe…
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Oil firm Royal Dutch Shell's profits have plunged to their lowest since 2016, due to lower oil and gas prices.
Shell's second quarter profits dropped 25% to $3.6bn (£3bn), far below analysts' expectations of $4.9bn.
The oil giant bla…
Chinese billionaire Liu Zhongtian has been indicted in the US over allegations he evaded $1.8bn (£1.5bn) in tariffs on aluminium imports.
Prosecutors accuse Mr Liu of using the aluminium company he founded to smuggle huge amounts of the…
The Equatorial Coca-Cola Bottling Company wins the “Food and Drink Bronze” award in the International CSR Excellence Awards
For the very first time, The Equatorial Coca-Cola Bottling Company (ECCBC) has won the “Food and Drink Bronze” a…
Solidaridad, a Non-state actor working for the development and creation of sustainable businesses and livelihoods in Ghana, has stepped up efforts to train and encourage more Ghanaian youth to go into cocoa production.
The organisation …
Mr Mohammed Ali, a Marketing Specialist, has urged players in the poultry industry to prioritise marketing and make it an integral part of their companies as it has the potential to increase profit margins.
Mr Ali said there was the nee…
The Finance Minister, Ken Ofori-Atta has acknowledged the Ghana Community Network Services Limited (GCNet) as integral to the development of the country's trade facilitation and revenue mobilisation agenda.
He said the technology interv…
The Management of AirtelTigo on Wednesday unveiled a Fuse Bundle, to enable exiting and new prepaid customers to call all networks and browse the internet at affordable price points with no expiry date.
The FUSE Bundle has been designed…
Dr Ibrahim Mohammed Awal, Minister for Business Development, has said private sector remains the engine of growth which could move the country to its desired level.
In this regard, he said it is the goal of government to train and mento…
US President Donald Trump's trade war with China is backfiring and impacting the US economy, according to his former chief economic adviser.
The tariff battle has had a "dramatic impact" on US manufacturing and capital investment, Gary …
Parliament has approved the GH¢6.3 billion requested by the Finance Minister, Mr Ken Ofori-Atta, as extra expenditure for the 2019 financial year.
In spite of the minority’s opposition to the budget statement, the house through a majori…
The Agricultural Development Bank (ADB) has granted a loan of GH¢50 million to the National Food Buffer Stock Company (NAFCO) to procure foodstuffs from farmers under the Planting for Food and Jobs (PFJ) initiative for supply to public sen…
The Chief Executive Officer of the Springfield Group, Mr Kevin Okyere, has called on successful African business leaders to share their stories on how they managed to overcome challenges in the African terrain in order to inspire the youth…
Vivo Energy Ghana Limited has rewarded deserving transport companies and drivers who successfully transported its products across the country without any accident.
At its Transporters Awards ceremony in Accra on July 28, the oil marketi…
Apple posted a small gain in sales for the third quarter of the year.
While iPhone sales dipped, the company made up the difference in higher revenues in services such as its software store and music service.
Sales rose 1% to $53.8bn…
Samsung Electronics saw profits plunge in the second quarter as its key chip business faltered, and the firm also warned of "challenges" ahead.
The world's biggest smartphone and memory chip maker said operating profit fell 56% from a y…
More details are emerging of the trade talks between China and the US, which took place earlier today in China.
China's commerce ministry said negotiators discussed the purchase of US agricultural goods during trade talks this week and …
British Airways has lost an appeal aimed at halting planned strike action by its pilots.
The British Airline Pilots' Association (Balpa) voted in favour of industrial action on 22 July, after three days of negotiations failed to resolve…
Some industry players have raised concerns over the upward adjustment in some taxes in the mid-year budget review, stressing that the increment will impact negatively on the cost of living.
The industry players are the Ghana Telecommu…
The use of Instant Pay for funds transfers or payments continue to record impressive growth, latest figures from the Ghana Interbank Payment and Settlement Systems (GhIPSS) have shown.
According to the GhIPSS 2019 Half Year Industry Per…
Mr. Kwaku Ofori Asiamah, the Minister of Transport has charged all Chief Executives and officials within the sector to be proactive in the execution of their duties as the Ministry works to position the sector to boost trade and economic g…
Some residents of Ho have praised government for the removal of the luxury vehicle tax.
They said the gesture meant government was listening to the cry of the masses and had withdrawn the tax, as announced at the mid-year review of the …
Mr Yofi Grant, the Chief Executive Officer, Ghana Investment Promotion Centre, on Tuesday advised young entrepreneurs to consider identifying their target market in developing business models to accelerate growth.
He said business growt…
Barclays Bank Ghana has announced it has lined up plans to become the country’s number one lead financial enabler for business activities of small medium enterprises in Ghana when it transitions fully to Absa by 2020.
According to offic…
Leading insurance company, Enterprise Insurance, a subsidiary of the Enterprise Group has won three awards at the just ended Ghana Insurance Awards. The company was awarded General Insurance Company of the Year, Commercial Line Insurer and…
There was a sharp increase in the value of total mergers and acquisitions (M&A) deals in Africa in the first half of 2019 (H1 2019). The total deal value of M&A transactions in Africa increased by 32% in the first half of 2019. Deal value …
Africa is open for business and the opportunities are huge - states ICE Africa Ambassador, John Kamara
'An event that will kick-start the growth of gaming on the continent in an organised format' is how John Kamara is previewing the fir…
The Nigerian consumer landscape is set for a multitude of shifts. By 2025, 55% of Nigerians will live in cities or towns as a result of 50% growth in population in urban areas, which represents the fastest urban growth rate globally, ahead…
Enterprise Group has picked six awards at the Ghana Insurance Awards in Accra. Two of the company's five subsidiaries, Enterprise Life and Enterprise Insurance picked two and three awards respectively.
Enterprise Life, a member of the E…
Enterprise Life, a member of the Enterprise Group has won three awards at the Ghana Insurance Awards in Accra. The company was awarded in the categories of LIFE INSURANCE COMPANY OF THE YEAR and ICT LEADERSHIP.
The Managing Director of …
The US central bank, the Federal Reserve, is expected on Wednesday to cut rates for the first time since 2008.
Traders expect a 0.25 percentage point cut, taking the federal funds target range to 2-2.25%.
Supporters say it will spur …
One hundred and thirty brilliant, needy schoolchildren in 40 public and basic schools in the country have been granted scholarship totalling GH¢129,382 by Sinapi Aba, a non-banking financial institution.
The one-year scholarship, whic…
Kosmos Energy has announced the names of 16 business teams which have successfully advanced on to the second stage of the Kosmos Innovation Center (KIC) 2019 AgriTech Challenge.
The 16 businesses were selected from an initial 21 busines…
The Governor of Bank of Ghana (BoG), Dr Ernest Addison, has commended the management of the Consolidated Bank Ghana (CBG) for delivering quality and strong banking services to its customers.
At the initial stage, he explained that the…
British Gas owner Centrica's chief executive Iain Conn is to step down from his post and retire from the company's board next year.
He told the Today programme it was "a natural time for me to hand over".
Centrica reported a pre-tax …
Top trade negotiators from the US and China are meeting for the first time in almost three months on Tuesday to try and do a deal, but expectations are low.
Still, while there's been an apparent lull since the two sides last sat down an…
A large number of tanker drivers on Monday, threatened to stop lifting petroleum products from the Tema Oil Refinery (TOR) if management does not to fix its deplorable parking space.
The drivers, who park their gas and oil tankers at th…