Market Performance
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The benchmark index shed 64.58 points (-2.70%) last week to close at 2,330.24 with a -9.41% year-to-da…
Ghana’s quest to have 30 per cent of its gold locally processed is on course as Gold Coast Refinery Limited in Accra, continues to add value to gold, three years after its setup.
Sited within Airport Light Industrial Area, the refiner…
Unilever Limited under its Pepsodent brand has sponsored a global study to promote good oral health among parents and school children across the world.
The study which was carried out in eight countries around the world was on the top…
The South Akim Rural Bank limited made a net profit of GhC2,160,363.00 for the year 2018.
The figure is a reduction of 7.83 per cent of the net profit of GhC2, 343,843.00 made by the bank the previous year.
This was announced by the …
Mr Isaac Adongo, the Member of Parliament (MP) for Bolgatanga Central constituency has called on government to consider the concept and realisation of domestic borrowing instead of foreign borrowing.
Mr. Adongo also a member of the Fina…
Professor Alex Dodoo, the Director-General of the Ghana Standards Authority, has urged exporters to pay attention to quality and standards of their export products to become competitive on the international market.
He said it was import…
The American Chamber of Commerce-Ghana (AMCHAM) has received commendation for the good work it is doing for its members and for the economy.
In an interview, as part of a special supplement to commemorate the 30th anniversary of AMCHAM,…
Amen Scientific Herbal and Alternative Medical Hospital has been adjudged the Herbal Company of the Year.
The hospital was recognised by the Pharmaceutical Society of Ghana for its quality delivery of healthcare and the use of herbal …
Cargill Cocoa and Chocolate has reiterated their commitment to work closely with COCOBOD and other stakeholders to ensure a long term and sustainable impact for farmers and the cocoa sector.
A statement from Cargill and copied to the Gh…
Madam Margaret Jackson, a Managing Partner of Rainbow Consult, a management consulting firm, has called on private businesses to improve upon internal corporate ethics and also do away with all forms of corruption.
She said Ghanaian bus…
From the 2020/21 cocoa season, every tonne of cocoa beans from Ghana and Cote d’Ivoire that will be sold on the international market will attract an additional $400 as a living income differential.
The amount will be paid by buyers of…
The Ghana Community Network Services Limited (GCNet) has been adjudged the Public Sector e-Solutions Provider of the Year at the ninth Ghana Information Technology and Telecoms Awards (GITTA) held in Accra.
GCNet was also adjudged the I…
Vodafone has pledged its commitment to the mining industry as the digital economy enters a new phase of growth.
A statement from Vodafone Ghana to the Ghana News Agency explained that with the emergence of the Internet-of-Things, artifi…
Mr Eliot Edem Agbenorwu, Ketu South Municipal Chief Executive (MCE) has said plans are far advanced for the Municipality to start government's flagship One District, One Factory" (1D1F).
He said the Assembly had acquired large tracts of…
Seed producers in the Northern Region have been advised to adopt the out-grower and community seeds production systems whereby one farmer can engage about 10 to 20 farmers to produce large acres of seeds.
The move is to help increase th…
Market Summary
Gains in two banking stocks pushed the benchmark index up by 0.40 points (+0.02%) to close at 2,325.00 with a -9.61% YTD return while market capitalization increased by 0.01% to settle at GH¢58.02 billion.
GCB Bank L…
Telecom operator AirtelTigo has been inducted into the “Hall of Fame” of the Ghana Information Technology and Telecom Awards (GITTA) for its consistency in pioneering innovation in the telecommunications industry in Ghana.
The honour on…
Vodafone Ghana has been awarded the prestigious CSR Company of the year award at the Ghana Information Technology and Telecommunications (GITTA) awards.
The company's Foundation was recognised for its passion in executing innovative ini…
Goil has entered into a joint venture with Societe Multinationale de Bitumes (SMB) of Cote d’Ivoire to construct a $35 million bitumen plant in Tema.
The plant, which has the capacity to produce 8,000 tonnes of Polymer Modified Bitumen …
Car use will still need to be curbed even when all vehicles are powered by clean electricity, a report has said.
It warns that electrifying cars will not address traffic jams, urban sprawl and wasted space for parking.
The Centre for…
"I lost my wife Carole, my three children Ryan, Kelly and Ruby and I also lost my mum-in-law. I feel so lonely. I look at people. I see them with their children playing outside and I cannot have my children - I'll never be able to see thei…
William Hill's decision to close 700 shops could just be the beginning of a wave of High Street betting shop closures, an analyst has warned.
Between 2,000 and 3,000 bookies could close out of the UK's 8,400 shops, analyst Gavin Kellehe…
Representatives of a government-owned bank are suspected of forging signatures on court documents in repossession cases, the BBC's Victoria Derbyshire programme has been told.
In the US, such practices - on a very large scale - led to b…
Jaguar Land Rover (JLR) is investing hundreds of millions of pounds to build a range of electric vehicles at its Castle Bromwich plant in Birmingham.
Initially the plant will produce an electric version of the Jaguar XJ.
JLR says the…
American companies in Ghana are poised to drive economic growth in the country, President of the American Chamber Ghana, Mr Joe Mensah, has said.
He said American companies were making significant progress towards the development of the…
Britain's oldest building firm, R Durtnell and Sons, has ceased trading, putting more than 100 jobs at risk.
The company was founded in 1591, and has been run by 13 generations of the same family.
The company was working on a £22m pr…
Fishermen in New Takoradi, a sub of Sekondi-Takoradi Metropolis have expressed gratitude to the government for the one month ban on fishing in the seas.
The fishermen expressed joy as the closed season helped them to take care of thei…
AngloGold Ashanti (Ghana) Limited, in response to a request, has donated six computers and four air conditioners to the Department of Legal Services of the Ghana Armed Forces (GAF).
The Head of Legal and Corporate Affairs at AngloGold A…
Mr. Alexander Frimpong, the Municipal Chief Executive (MCE) for Asante-Akim South, has called on investors and the business community to explore the huge business potentials in the Municipality for investment.
He said the Municipality w…
Adam Bradford, founder of the Safer Online Gambling Group, has also reacted to the William Hill closures which he said were to be expected.
"Betting machines on the high street have caused untold misery and now punters will make their m…
The United Kingdom (UK) has been asked to assist in reviving defunct factories in Kumasi, Ghana's second largest and oldest city, to help create jobs for the growing population.
Mr. Osei Assibey-Antwi, Mayor of the Kumasi Metropolitan A…
Sky Plus Hotel and Resort, the fastest growing two star hotel in Ho has marked its 10th anniversary with a corporate luncheon.
The hotel, which is part of the Archibald Victoria Letsa (AVL) group of companies, has 66 spacious rooms with…
The GSE Composite Index moderated by 35.21 points (-1.51%) to close at 2,324.61 with a -9.63% YTD return due to losses in three banking stocks while market capitalization declined by 0.95% to settle at GH¢58.02 billion.
The GSE Financ…
UN Economic Commission for Africa (ECA) to play pivotal role in retooling Cameroon’s industrial masterplan
A wide gamut of actions to be undertaken to overhaul Cameroon’s second generation Industrialization Masterplan were explored
C…
The Kwik app comes with an integrated geolocation system and offers an efficient transportation service for small packages (up to 25kg) or documents
Launched on the 26th June 2019 on both Apple Appstore and Google Play by the French sta…
During the group stage, more than half of all in-stadium purchases were made with contactless payment technology
Visa data – provided by Natixis Payments – shows fans from France have been the biggest spenders overall, followed by the U…
Boeing is giving $100m (£80m) to help families affected by the two crashes of the company's 737 Max planes in Indonesia and Ethiopia.
The payment, stretching over several years, is independent of lawsuits filed in the wake of the disast…
The consistent introduction of taxes and levies is collapsing the cement industry, the Chamber of Cement Manufacturers (COCMAG), has indicated.
The chamber has ,therefore, called on the government to intervene to save the industry from …
The management of Akosombo Textiles Limited (ATL) says it has put in place a comprehensive transformational plan to bring the company back to winning ways within the next three years.
According to the management, the strategy involves…
Independent report reveals the economic impact of Africa’s top hotel conference
AHIF facilitated around $2.8 billion of investment in the hospitality sector across Africa in 2018 and $6.2 billion between 2011 and 2018
A…
Kenya Airways adds to the 15,468 aircraft with GE Aviation’s digital solutions
Maximizing Airline Efficiency with the Most Accurate Data and Analytics; Kenya Airways (Kenya-Airways.com) adds to the 15,468 aircraft with GE Aviation’s (GE…
Scottish firms are putting off investment because of uncertainty over the UK's future relationship with Europe, according to a survey.
Scottish Chambers of Commerce (SCC) found firms were struggling to grow, amid political deadlock over…
Fake and irresponsibly sourced diamonds are undermining confidence in the industry - sales are down. Can new technologies, such as laser etching and blockchain, reassure an increasingly sceptical public?
In a lab in the California city …
"No, no, no no, no no," was what Christine Lagarde was reported to have said when asked last year if she was interested in running the European Central Bank (ECB).
Yet just a few months later, she has been nominated as the institution's…
Parliament has called on the Minister of Finance and the Minister of Energy, Mr John Peter Amewu to as a matter of urgency, activate the cash waterfall scheme and other prudent measures to address the debt accumulation in the energy secto…
The Asante-Akim Central Municipal Assembly, has distributed 105,000 oil palm seedlings to 450 farmers in the Municipality as part of efforts to promote the crop under the Planting for Export and Rural Development (PERD).
The initiative,…
The Government of the Kingdom of The Netherlands, is supporting Ghana to establish a sustainable and internationally competitive fruit and vegetable sector that contributed to inclusive economic growth, food and nutrition security.
Mr R…
The Mobile Telecommunication Network (MTN) in collaboration with the Swedru Golden Star FM will offer sponsor package to support the Swedru Akwambo Festival scheduled for Monday, August 12 to Sunday, August 18, 2019.
Mr Daniel Otoo, Sal…
Asanko Gold Ghana as part of the strategic operational mechanism to continue to play leading role in the Ghanaian and global mining industry has appointed a mining expert Mr Frederick Attakumah as Executive Vice President.
Mr Attakumah…
Deputy Minister of Finance, Mr Kwaku Kwarteng says the government appreciated the weaknesses in the tax exemption regime and would introduce new measures in the Exemptions Bill to deal with the shortcomings.
However, he said, the Exempt…