Standard Chartered Bank Ghana Limited on Thursday announced that its Board Chairman, Ishmael Evans Yamson, will be retiring at the end of this month (June 30). He was appointed to the position in 2005 and has made immense contribution to t…
Ferro Fabric Limited, manufactures of iron rods and steel products, has invested one and half million United States Dollars in clean technology as part of its sustainable growth agenda.
“We have spent one point five million US dollars t…
Four major multinational Oil Marketing Companies Engen Ghana Limited, Total Petroleum Ghana Limited, Vivo Energy Ghana Limited; and Puma Energy Distribution have jointly expressed reservations about the draft local content policy for the d…
The Chief Executive Officer of the National Petroleum Authority, Mr Alhassan Tampuli, said the country loses over 200 million dollars annually in tax revenues due to the nefarious activities of service providers of the petroleum sector in …
The US has reached a deal with Chinese tech firm ZTE that will remove a ban that prevented the company from buying parts from US suppliers, Commerce Secretary Wilbur Ross has said.
The deal will involve ZTE paying a $1bn penalty and hir…
MTN Ghana has held a function at Koforidua to announce to the people of the Eastern Region that it was offering shares in the company for sale.
MTN launched its Initial Public Offer (IPO) in Accra on May 29, 2018 and has since been to K…
Ford (F.N) plans to close its Blanquefort gearbox plant in southwestern France if no buyer can be found for the site, which employs 900 workers, the U.S. carmaker said on Thursday.
Ford management presented a closure plan to unions at t…
The Management of Bayport Savings and Loans PLC seeks to increase the size of its existing Note Programme, a debt instrument, to GH¢500 million. The company is thus raising the Note Programme by an additional GH¢300 million from the curren…
Life insurance for babies likely isn't on most new parents' minds.
"Baby policies," as they're euphemistically called, are not only for children still in diapers but teenagers as well. The coverage is relatively inexpensive to purc…
President, Nana Addo Dankwa Akufo-Addo has performed the ceremony to mark the start of construction works on phase two of the Kumasi Airport project. This would cost €66,350,000.00 and is expected to be completed in 24 months.
It involv…
The recent blip in the foreign exchange market that saw a slight depreciation of the cedi against the dollar is short-term and a reflection of a spill over from external developments, an official of the Bank of Ghana has said.
Mr Steve …
Agribooster programme, meant for farmers to boost food production in Ghana, has been launched in Accra on Wednesday by OCP Africa, a subsidiary of the Moroccan phosphate Group, a company committed to the development of the agricultural eco…
The government, through the Ministry of Food and Agriculture (MoFA), is dedicated to promoting on-farm productivity through intensification of targeted crops; thereby, ensuring job creation in agriculture and other related sectors.
Dr S…
Ecobank supports World Environment Day
Ecobank (www.Ecobank.com) is reaffirming its commitment to help save the planet by supporting World Environment Day. Through this initiative, management and staff will plant trees across all 33 cou…
Thai Airways International Pcl (THAI.BK) will undertake maintenance and repair of Rolls-Royce Trent engines and expects additional revenue of up to 5 billion baht ($156.6 million) in 2020 from the business, the carrier said on Thursday.
…
The recent blip in the foreign exchange market that saw a slight depreciation of the cedi against the dollar is short-term and a reflection of a spill over from external developments, an official of the Bank of Ghana has said.
Mr Steve …
The 2018 Sustainability Week is to be held from 5-7 June at the CSIR International Convention Centre in Tshwane. Global engineering and infrastructure advisory company Aurecon has taken an exhibition stand at the event and a strong team of…
Measuring countries and regions economic development is made possible thanks to new Telecom Maturity Index
BuddeComm recently announced the launch of its unique Telecoms Maturity Index. This groundbreaking index analyses the Broadb…
African Development Bank Launches Coding for Employment Program: Unleashing Africa’s Next Generation of Digital Innovators
Over the last 15 years, the African Development Bank has invested US $1.64 billion in programs to prepare youth f…
Jack Daniel’s maker Brown-Forman Corp (BFb.N) (BFa.N) warned on Wednesday of trouble ahead from tariffs being slapped on U.S. bourbon and said it had been working in recent months to mitigate the potential impact by shipping more liquor ov…
The Ghana Export Promotion Authority (GEPA) has provided financial support to the Oil Palm Research Institute to tackle leaf miner infestation of oil palm plantations in the Ashanti Region.
It has released GH¢88,260.00 to aid the sprayi…
Some basic school children in the Ningo-Prampram District who participated in the National Commission for Civic Education’s (NCCE) citizenship week celebration have raised some concerns on Ghana’s tax regime.
The theme for this year’s N…
Dubai’s tourism sector rallied strongly, steadily picking up pace through the first three months of 2018 in light of growing currency pressures as it continued to retain and grow share across global markets.
The city welcomed 4.7 millio…
Dr James K. Obeng, the President of the Ghana Union of Traders Association (GUTA), said the introduction of the Common External Tariffs (CET) was affecting their business operations and they were likely to go out of business.
Dr Obeng s…
The project – financed by a US $2.16-million loan from the African Development Fund, $299,000 from the World Bank and €345,600 from the Portuguese Trust Fund – aims to expand financial inclusion on the island
The first President of the …
Innovative technologies for maximum hygiene and comfort
Three attractive ceramics lines cater to specific requirements
Designed to coordinate smoothly with GROHE faucets and fittings
Innovative technologies for maximum hygiene …
All 200 spacious and well-appointed guestrooms boast panoramic views of the Niger river and the lush green hillside dotted with mango plantations, offering unmatched comfort
Marriott International (www.Marriott.com) today announced the…
Global flows of foreign direct investment (FDI) are forecast to increase only marginally in 2018 and remain well below the average over the past 10 years, according to UNCTAD's World Investment Report 2018, to be launched on 6 June.
An …
The Petroleum Commission is leading a delegation of over 40 Ghanaian companies on a week’s oil and gas trade mission to Aberdeen, Scotland. The goal is to engage with their Scottish counterparts seeking business opportunities in Ghana’s up…
Cassava Fintech and Comviva have jointly won the East Africa Com Award in Fintech Innovation Award category for EcoCash Merchant Payments powered by mobiquity Money. The award was presented recently at Radisson Blu Hotel in Nairobi, Kenya…
The National Entrepreneurship and Innovation Plan (NEIP) has partnered Ho Node Hub, a digital innovation hub to empower 82 Small and Growing Business (SGB) owners in the Volta Region as part of it’s national wide Business Support program. …
The World Development Report 2017: Governance and the Law has said the capacity to adapt, both politically and economically, is crucial for sustainable development.
According to the report high priority should be given to the continuous…
The Ghanaian originator of building and pavement blocks molded from plastic waste has appealed to investors to partner him to commercialize the product.Nelplast Ghana Limited, a Ghanaian owned company, in a bid to find solution to the huge…
Emirates Airline has unveiled a new First Class Suite on board its latest aircraft that features virtual windows.
Instead of being able to see directly outside, passengers view images projected in from outside the aircraft using fibre-o…
The Bank of Ghana (BoG) has been implored to make full disclosures on steps it will take to rescue troubled banks.
This comes after the BoG was challenged by experts in the banking sector to make full disclosures on the performance of b…
The world’s 40 largest mining companies have delivered an impressive financial performance in 2017, increasing revenue by 23 per cent to USD 600bn
Market capitalisation of the Top 40 up 30% to USD $926 billion (bn)
Revenue up 23% t…
Company estimates $500 million dollars of owner investment already committed in the U.S.
Marriott International (NASDAQ: MAR) (www.Marriott.com) today announced its transformation vision for Sheraton Hotels and Resorts (Sheraton.com), t…
Renewable Energy - Transformation is picking up speed in the power sector, but urgent action is required in heating, cooling and transport
178 GW of renewable power added globally in 2017
Renewable power accounted for 70% of net addi…
As part of the company’s transformation of its marketing organisation, Ford Middle East and Africa President Jacques Brent assumes new global role as Ford director, Product Marketing
Mark Ovenden, current president Marketin…
Event celebrates the inauguration of Ceiba-2 fiber optic cable,
Government officials included President of Equatorial Guinea, H.E. Teodoro Obiang Nguema Mbasogo
Cable brings faster, cheaper Internet to the entire country, linking …
This is the first anniversary of Heritage Bank. As the Managing Director, how would you describe the experience?
It’s been an exciting journey for us. At the beginning of our journey we had made certain projections based on how we inten…
Japan’s Sharp Corp (6753.T) said it will buy Toshiba Corp’s (6502.T) personal computer business and issue $1.8 billion in new shares to buy back preferred stock from banks, highlighting a swift recovery under the control of Foxconn.
The…
Despite admitting the importance of Islamic banking to the development of the financial sector, the Bank of Ghana (BoG) and the Ministry of Finance are yet to go beyond aspirations on the concept, almost two decades after it was first conc…
The Minister of Trade and Industry, Mr Alan Kyerematen, has stated that effective September 1, 2018, tax stamps would be applied to the retailing, wholesaling and distribution of textile prints.
He said every textile print from the begi…
In a bid to ensure the full compliance of various mining regulations in the country, government has imposed a fine of $2,770,400 on three companies for various mining regulation breaches that resulted in the Ahafo Mill expansion accident.
…
Eric Asubonteng, Managing Director of AngloGold Ashanti Obuasi, has assumed office as the new president of the Ghana Chamber of Mines. Mr Asubonteng takes over from Mr Kwame Addo-Kufuor, who ended his term at the 90th Annual General Meeti…
Mr Alex Opoku-Mensah, Ashanti Regional Director of National Service Scheme, has called on the youth to see agriculture as a profitable business venture, which must be taken serious.
He said agriculture has the potential to solve the une…
The United States has the largest economy in the world at $20.4 trillion, according to data from the International Monetary Fund (IMF). From its data copied to the Ghana News Agency, it shows that the US economy increased from around $19.4…
The Board of Governors of the African Development Bank (AfDB) have in a final communiqué signifying the end of the 53rd Annual Meetings of the Bank unanimously voted Equatorial Guinea as the next host of the meetings in 2019.
The new Pr…
Former President John Agyekum Kufuor has said cocoa still remains significant in the economy of Ghana as a middle income nation and remained central in giving Ghana its agricultural identity.
“Cocoa is the mainstay of Ghana’s economy an…