Mr Cassiel Ato Forson, the Ranking Member on Finance, has expressed disappointment over government's decision to give huge tax waivers to ExxonMobil in approving the new Petroleum Agreement.
"Let me say that personally I am disappointed…
Professor Kwabena Frimpong-Boateng, the Minister of Environment, Science, Technology and Innovation (MESTI), has advocated the local production of car batteries.
He said following the discovery of Lithium (a material used in car battery…
Mr Charles Abugre, a Development Economist has urged African governments to provide the needed infrastructure for agriculture development as part of efforts to accelerate socioeconomic transformation.
He noted that despite the fact that…
Market Summary
Enterprise Group Limited (+0.90%) gained GH¢0.02 to close at GH¢2.24 due to strong FY2018 earnings. Consequently, the benchmark index increased by 0.01% to close at 2,440.18 with a -5.13% year-to-date return while marke…
The Nkoranza South Municipal Assembly in the newly created Bono East Region has disbursed GHC121,400.00 to People With Disabilities (PWDs) in the Municipality to start and expand their economic activities.
A total of 300 PWDs in the mun…
Mocoh Ghana Limited has acquired 100 per cent shares of Engen Ghana Limited to inject in the Ghanaian Oil Marketing Company industry dynamism to help customers find the right solutions to ever changing market conditions.
The transaction…
VGN International, a global agency with experts in strengthening local government in developing countries and countries in transition has identified rising political interferences as a drawback to effective revenue mobilisation in the Asse…
Vice President Dr Mahamudu Bawumia, on Thursday, launched the Ghana-Oracle Digital Enterprise Programme (GODEP) to create initial 500 Ghanaian start-up enterprises as technology business leaders towards building a robust digital economy.
…
Mr Williams Afare, Acting Adaklu District Director of Agriculture has cautioned farmers in the District against the smuggling of government's subsidised fertilizer.
He said the fertilizer has an electric coding and traceable mark and di…
Mr Allan Kwadwo Kyeremanteng, the Minister of Trade and Industry, has announced that the process to attract a new strategic investor for the Komenda Sugar Factory has been completed.
Accordingly, a recommendation from the Transaction Ad…
Vice President Dr Mahamudu Bawumia Thursday gave the assurance that government would fully support the Ghana Academy of Arts and Sciences (GAAS) in its mission towards the creation, acquisition and utilisation of technology for national de…
GCB Bank Limited posted a significantly improved bottom line with net profit of GH¢323.13 million for the year ended 2018.
This translates into growth of GH¢110.42 million over the GH¢212.72 million recorded in the 2017 financial year.
…
The Department of Social Welfare and Community Development in The Ablekuma North Municipal Assembly has organised 80 vulnerable young men and women drawn from across the municipality to take them through skills training.
The five-day tr…
The Government's Economic Management Team (EMT) Wednesday defended its pursuit of macro-economic stability, which is posting positive results, saying it holds the key to an industrial revolution, sustainable jobs and making things better f…
Mr Francis Johnny Amegayibor, General Manager at Silver Star Auto Limited, on Wednesday said the automobile industry has hit turbulent economic climate in the first quarter of the year due mainly to challenging indicators.
He said the f…
President Nana Addo Dankwa Akufo Addo will next week cut the sod for the construction of Tamale Interchange, which forms part of the country's road infrastructure development.
The road infrastructure development is under the two billion…
Olam Ghana, a leading supply chain manager of agri-products and one of Ghana's biggest cocoa buying companies, has been recognised for its contribution to the country's manufacturing industry at the Gold Coast Excellence Awards.
The Awa…
Key representatives of companies and institutions in the implementation of the Nestlé Cocoa Plan have visited Koniyaw, a beneficiary community of the project, in the Bekwai Municipality of the Ashanti Region.
The exercise was to allow t…
The Unionised Staff of Bulk Oil Storage and Transportation (BOST) Company Limited has extol Mr George Mensah Okley, the Managing Director for his exploits and sense of purpose in running the company.
"Mr Okley is one of the most hardwor…
The government has announced a reduction in the benchmark valuation of imports effective Thursday, April 4.
The benchmark valuation for general goods has been slashed by 50 per cent whilst that of vehicles has also seen a 30 per cent re…
Vice President Dr Mahamudu Bawumia on Wednesday said Ghana would save 300 million dollars annually upon the successful completion of the reverse flow of natural gas from the Aboadze Power enclave to Tema for power generation.
The move, …
The Securities and Exchange Commission (SEC) has assured the Ghanaian public that it is has taken measures to ensure a healthy and vibrant asset management industry. To this effect, it has introduced corporate governance guidelines, invest…
Former Nissan chief Carlos Ghosn has been re-arrested in Tokyo while out on bail pending trial over claims of financial misconduct.
Prosecutors said the 65-year-old had been detained over suspicions he caused Nissan $5m (£3.8m) in losse…
Vice President Dr Mahamudu Bawumia has attributed the recent depreciation of the Ghana cedi to directives from the International Monetary Fund (IMF) to the Bank of Ghana (BoG).
According to him, at the end of January 2019 as part of the…
Market Summary
The SAS Manufacturing Index recorded no gains or losses for the third straight session, closing at 4,601.08 with a -1.12% YTD return.
Financial stocks moderated due to declines in GCB Bank Limited (-1.75%) and Enterp…
FAO and Africa-Europe Diaspora Development Platform (ADEPT) partnership focuses on links between migration, agriculture and rural development
Joint work aims to increase African diaspora engagement including in agribusiness and resource…
“The region could benefit immensely from many opportunities—diversification, infrastructure development, and linking production to global value chains, “ – African Development Bank, Senior Director
Overall economic growth in West Afri…
FundedByMe, the Swedish crowdfunding portal, has announced that they have partnered with Global Custodial Services (GCS), the payment solution specialist, to facilitate transactions for FundedByMe Dubai/UAE and better allocate payments for…
Alliance Motors Ghana, the exclusive distributors of Land Rover and Jaguar in Ghana presents its annual Land Rover Ride & Drive driving experience, on the 6th and 7th of April 2019 at the Hillburi Resort and Hotel starting at 10:00 am each…
FansofXShore, a Swedish public company under formation has been granted the opportunity to invest in X Shore via the FundedByMe platform and network.
X Shore who offers 100% electric boats are already a success and are now looking to th…
The project also supported the Ministry of Health in developing a 10-year human resources strategic plan to help Ethiopia meet the growing demand for quality healthcare services
The United States marked the completion of its seven-year …
Regional airline Flybe has cancelled dozens of Wednesday morning flights as it enters discussions over potential job losses.
The company blamed an industry-wide shortage of pilots for the delays, as well as its own pilots taking holiday…
Mr Agyenim Boateng Adjei, the Chief Executive Officer (CEO) of the Public Procurement Authority (PPA) has announced that the Authority will institutionalise an Annual Procurement Summit.
He said the Public Procurement Act required the P…
The Tema District Council of Labour (TDCL) has appealed to President Akufo-Addo to save the Ghana Ports and Harbour Authority from collapse by reviewing its concession with the Meridian Ports and Services (MPS) especially, on the port expa…
The Customs Division of the Ghana Revenue Authority (GRA) has welcomed President Nana Addo Dankwa Akufo-Addo's announcement that government was considering reviewing the country's import duty regime.
The President's announcement followe…
AngloGold Ashanti (Iduapriem) Limited, which operates the Iduapriem Mine, has offered more than 100 jobs to people in host communities since the beginning of the year, following the implementation of its Community Employment Procedure.
…
The Securities and Exchange Commission (SEC) says it is working to address ongoing issues, including complaints of inability of funded managers to meet redemption requests, in the Asset Management Industry to ensure the protection of custo…
South Africa’s Artificial Intelligence (AI) software and solutions company Cortex Logic has announced a series of appointments as it seeks to grow its business and reach.
Cortex Logic Founder and CEO Dr Jacques Ludik said, “We are on an…
Thales (Euronext Paris: HO) has today completed the acquisition of Gemalto (Euronext Amsterdam and Paris: GTO), creating a global leader in digital identity and security.
With Gemalto, Thales will cover the entire critical decision ch…
The fund seeks to contribute to the development of the private sector in North Africa by increasing access to capital for local small and medium-sized enterprises (SMEs) and mid-market companies
The European Investment Bank (EIB) has si…
As part of Ghana's agenda to go paperless, the Vice President, Dr. Mahamadu Bawumia will on Friday 5th April, 2019, launch the Ghana Revenue Authority's new e-tax services platform iTaPS (Integrated Tax Preparation System) that will allow …
Market Summary
The SAS Manufacturing Index recorded no gains or losses for the second straight session, closing at 4,601.08 with a -1.12% YTD return.
Financial stocks moderated due to declines in Ecobank Transnational Incorporated …
Federal Chancellor Angela Merkel and the Swedish Prime Minister Stefan Löfven were given a glimpse into the factory of the future by ABB CEO Ulrich Spiesshofer
ABB CEO Ulrich Spiesshofer explained how a production cell would work in the…
Action plan to increase women’s participation proposed
Creating space for more women in the African procurement market was at the heart of a technical workshop organised last Thursday and Friday by the African Development Bank.
The B…
Alexander Forbes and Mercer Collaborate To Ensure More Employees In Kenya Have Access To Appropriate Benefits
Most comprehensive benefits platform across health, wealth and career offered in Africa
Solution based on global best pra…
The UK gaming market is now worth a record £5.7bn - in part thanks to titles like PlayerUnknown's Battlegrounds and Fortnite.
The two online-only games, released in 2018, helped push revenues for gaming software to a record £2bn - accor…
Britain is at risk of "trashing its fabulous relationship" with the rest of Europe because of its failure to secure a Brexit deal, a top businessman says.
Jurgen Maier, the UK chief executive of Siemens, told the BBC's Today programme: …
Ecobank Ghana and GN Savings and Loans have signed a memorandum of understanding (MoU) for the establishment of a partnership between the two financial institutions.
The agreement, signed last Friday at the offices of GN Savings, will s…
The Member of Parliament (MP) for Sissala West Constituency, Mr Patrick Alhassan Adamah, has appealed to traditional authorities to effectively utilise opportunities that abound in festival celebration to woo investors for faster economic …
In their bid to expand their marketing in Ghana and unveil new products, the Management of Havells, an Indian Electrical Company at the weekend organised an orientation meeting with their retailers in the country.
They also demonstrated…