The Chairman of OCP Africa, Mr Karim Lotfi Senhaji, has envisioned a bright future for Africa if the continent will adopt a holistic ecosystem approach that will among others use fertilisers effectively to improve its food production capac…
Market Summary
Gains in Ecobank Ghana Holdings (+10.24%), GCB Bank Limited (+7.12%) and Enterprise Group Limited (+0.92%) pushed the financial index up by 2.19% to close at 2,136.81 with a -0.79% year-to-date return.
Due to gains i…
A study into the amount people pay for mobile data has found that the UK has some of the most expensive prices in Europe.
The research, from price comparison site Cable.co.uk, found that one gigabyte (GB) of data cost $0.26 (£0.20) in I…
Ms Sandra Opoku, the General Manager of Legal Services at the Ghana Ports and Harbours Authority (GPHA) has been appointed as the new acting Director of the Tema Port.
Ms Opoku takes over from Mr Edward Kofi Osei who retired on March 3,…
German-African Energy deals in Hamburg will set the stage for better collaboration between the private sector and governments
The African energy industry will be in Hamburg on March 27th-28th, 2019 for this dialogue organized by the Afr…
More than US$41.5 million committed overall as the Fund closes competitions.
The Mastercard Foundation Fund for Rural Prosperity (FRP) announced today that five companies will receive a total of US$4,438,551 in support of its agenda on …
U.S. stock futures edged higher on Monday on growing hopes that the United States and China would reach a trade deal as early as this month.
U.S. President Donald Trump and his Chinese counterpart Xi Jinping could sign a formal trade pa…
THE COST OF 1GB OF MOBILE DATA IN 230 COUNTRIES – UK RANKS A DISAPPOINTING 136TH PLACE, BOTTOM HALF IN EUROPE
6,313 mobile data plans in 230 countries were gathered and analysed by Cable.co.uk to compare the cost of one gigabyte (1GB…
When BMW and Daimler announced a €1bn (£880m) partnership last week to develop a suite of "mobility services" together, it was a clear sign of how the auto industry had changed.
For one thing, the German giants - who plan to work on dri…
President Nana Addo Dankwa Akufo Addo has appointed Mr Michael Ansah, as Chief Executive Officer of the newly established Ghana Integrated Aluminium Development Corporation.
Until his appointment, Michael Ansah was Senior Vice President…
Mr Nathan Yankey, Acting Director of Operations of the Internal Audit Agency has inaugurated and orientated Audit Committees of health institutions in the Western Region.
He said the Audit Committees were very important and high level c…
Guinness Ghana Breweries Limited has launched a campaign to celebrate Ghana's 62nd independence anniversary and to reward consumers of the Guinness stout.
Dubbed:"1759 celebrates 1957", the four-month promotion, which runs from March 1 …
The District Chief Executive for the Kwahu East District Assembly, Mr Isaac Agyapong has called on the academia to commercialize the entrepreneurial and innovative ideas of students at the various universities.
He said the time has com…
Lyft, the ride-hailing company, has revealed that it is yet to make a profit ahead of an initial public offering (IPO) which could value the firm at between $20bn and $25bn.
The company is racing its larger ride-sharing rival Uber to li…
The government is seeking legal advice to take over the Ayensu Starch Company Limited (ASCO) and revamp its operations.
The Minister of Trade and Industry, Mr Alan John Kwadwo Kyerematen, told Parliament Friday that in anticipation of a…
With an increasing amount of families in want to use photograph on cakes to be removed before it is served which, can be contaminated with hazadous solvents from paper printing inks, FSG has responded with a new twist of photo cakes printe…
Weekly Stock Market Update – Ending March 1, 2019
The week closed the February rally as the GSE Composite Index touched 2,482.10 points, down 11.13 points from the previous week’s 2,493.23 points.
A declined confidence in financial sto…
Inc. (NYSE: MSCI), a leading provider of indexes, portfolio analytics, and services for global investors, announced today that it will increase the weight of China A shares in the MSCI Indexes by increasing the inclusion factor from 5% to …
AfricaSan5: African Development Bank calls for scale up in implementation of sanitation targets, honours Piers Cross
The African Development Bank has called on development partners to scale up support for implementation of sanitation pr…
Market Performance
Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Losers
Market Summary
Five counters in the banking, petroleum marketing, insurance and telecom sectors ad…
High-grade euro zone debt remains scarce even though the European Central Bank has stopped its huge purchases of new bonds, intensifying concerns that banks will face future collateral shortages and highlighting the need for safe assets.
…
US economic growth slowed to an annualised rate of 2.6% in the final three months of 2018, figures show.
However, the reading was ahead of expectations for a rate of between 1.8% and 2%.
The pace of growth was below the 3.4% rate see…
The Chief Executive Officer(CEO) of the Ghana Export Promotion Authority(GEPA) , Ms Afua Asabea Asare has said they will launch a programme on Youth in Export for potential young people who desire to venture into the export industry.
…
Mr Kwame Asafu-Adjei, the Chairman of Food, Agriculture and Cocoa Affairs Select Committee of Parliament, has called on Ghanaians to continuously embrace the Planting for Food and Jobs Programme as that is the only way to improve the agric…
Pineapple farming, mainly for export, is thriving in parts of the Eastern Region following the supply of more than five million Smooth Cayenne (SC) suckers to 16 farmers by the Ghana Export Promotion Authority (GEPA) in August, 2017.
Th…
Persol Systems Limited, a leading software developer, systems integrator and IT consulting firm is introducing a new software platform, the SAP Rural Sourcing Management (SAP RSM) and SAP Commerce Marketplace to the agricultural supply and…
Board Members of the Minerals Commission have toured the two operations of Asanko Gold Mine in the Ashanti Region and called on mining companies to endeavor to retain substantial parts of their export earnings in the country.
The Board,…
Telecom Egypt and Nokia sign Memorandum of Understanding to introduce 5G network and test use cases. Under this MoU, collaboration between the two sides will focus on 5G deployment as well as the evaluation of appropriate use cases of the …
Market Summary
Fan Milk Ghana Limited (FML) dominated trading activity, accounting for 93.97% of total volume traded and 99.16% of total value traded. However, the benchmark index moderated by 1.22%, as financial stocks closed lower. …
Gains in Ecobank Ghana Holdings (+7.29%), Cal Bank Limited (+3.16%), Enterprise Group Limited (+0.46%) and GCB Bank Limited (+0.29%) pushed the financial index up by 1.70% to close at 2,105.95 with a 2.22% year-to-date return.
Due to gain…
Malawi will offer cash rewards of up $7,000 for information about abductions and killing of people with albinism as anger over government inaction grew ahead of national elections.
Belief in witchcraft is widespread in rural Malawi, one…
The Ghana National Chambers of Commerce and Industry (GNCCI) will roll-out vigorous programmes geared towards the growth of businesses and to make it competitive both locally and internationally.
The programmes include; Small and Medium…
The Ministerial Committee set up by the Economic Management Team to review the concession agreement between the government of Ghana (GoG) and the Meridian Port Services (MPS) has made a compelling case to the government not to implement th…
• Vivo Energy’s retail service station network today expands from 15 to 23 countries in Africa, adding 230 service stations
• Further opportunities in Commercial Fuels, Mining and Lubricants businesses
• Vivo Energy increases it…
Eight journalists are visiting Morocco to learn about some new initiatives of OCP and to attend the 10th Argus Fertiliser conference.
One of the initiatives is a project called Al Moutmir which was launched in September last year.
OC…
A new company has been incorporated to coordinate Ghana’s activities towards actualising its dream of producing electricity from nuclear energy sources.
The company, the Nuclear Power Ghana Limited (NPG), was established in January this…
JD.com Inc, China’s second largest e-commerce firm, reported a 22.4 rise in fourth-quarter revenue on Thursday, beating analyst estimates on the back of stronger online retail sales and sending its U.S.-listed shares up 8 percent.
The r…
Allianz Life Ghana started its agency operations less than a year ago in April 2018. At the inception of its operations, its sales agents were promised an all-expense paid trip outside of Ghana complete with shopping money, subject to achi…
Just like the Lego film, everything appears to be "awesome" at the plastic brick maker as it returned to growth again last year.
Profits increased by 4% to 10.8bn Danish kroner (£1.2bn) and sales were up 4% to 36.4bn Danish kroner.
T…
Mr Kobina Tahiru Hammond, the Member of Parliament (MP) for Adansi Asokwa, has asked the Government to terminate some oil exploration contracts that were awarded under the last National Democratic Congress (NDC) Administration.
Accordin…
Dr. Ibrahim Awal, minister of Business development, says the current socio-economic growth needs of the country requires strong inputs into entrepreneurial skill development.
"Ghana since independence has mainly exported raw materials, …
Skyfox Limited, investors in agriculture, has paid dividend of Gh¢70,000.00 to over 20 farmer groups who invested in their integrated three year aquaculture and crop production programme introduced in Donkorkrom and some communities in the…
The Government of the United Kingdom (UK) has pledged financial support towards the construction of three major infrastructural projects in Ghana, this year.
The Tamale Airport, Bekwai Hospital project and Kumasi Central Market are expe…
The Best 2018 Two Star Hotel in the Volta region, Freedom Hotel, in Ho, has been tipped to pick the national award for this year.
This follows the Hotel's consistency in the category, emerging the best in the Volta Region for five times…
Transfer of funds from e-zwich card to mobile money (MoMo) wallet is on a steady rise as the public is making good use of the second phase of mobile money interoperability service.
The second phase of MoMo interoperability, which was la…
Ogilvy Africa, the most awarded creative agency in Africa, has named Brett Wild as its new Regional Creative Director. He takes over from Joao Espirito Santo, who is moving back to Portugal for a new assignment.
In his new role, Brett w…
Engineering giant Rolls-Royce swung into loss last year, as it increased the charge for fixing problems with its Trent 1000 engines.
The company also took a charge of £186m after Airbus said it was stopping production of its A380 superj…
Stratcomm Africa’s Chief Executive Officer, Esther A.N. Cobbah, has been appointed to the Board of the International Public Relations Association (IPRA).
The seventeen-member Board, drawn from the Association’s global membership, was in…
The UK government is to provide £130m of support for British firms that will be carrying out three infrastructure projects in Ghana.
International trade secretary Dr Liam Fox said that UK Export Finance (UKEF) is providing the support f…
Saradar Capital Holding, the Lebanese conglomerate holding, announced today the acquisition of 51% of Assurex SAL, a 40-year old Lebanese insurance company owned by the Fattal Group. Fattal Group will remain a shareholder with a 49% stake.…