Africa’s largest airline group, Ethiopian Airlines, will bring its newest plane B787-9 tagged the "Big Brother" to Accra Ghana on Friday, November, 10.
The Airline will also introduce its A350 aircraft to the Ghanaian routes from Tuesda…
The total number of mobile voice subscriptions recorded in July was 37,136,600, representing a percentage increase of 1.94 per cent from the previous month’s figure of 36,430,847, the National Communications Authority’s (NCA) latest report…
The government is working at extending the National Fiscal Stabilisation Levy (NFSL) in the 2018 budget, sources close to the process have told the Graphic Business in confidence.
It is, however, exploring the possibility of reducing th…
President of the Vegetable Exporters and Producers Association of Ghana (VEPAG) Mr. Joseph Tontoh has expressed relief at the lift of the ban on vegetable export from Ghana to the European market.
According to him, vegetable farmers acr…
President Donald Trump has said the US will no longer tolerate "chronic trade abuses", in a defiant address at the Asia-Pacific Economic Co-operation (Apec) summit in Vietnam.
He said he would always put US interests first and Apec nati…
The Petroleum Commission (PC) has warned companies engaged in transfer pricing, which impacts the economy negatively, to stop the practice immediately or face the wrath of the commission.
Transfer pricing is an inter-company pricing arr…
The Technical Economic Adviser to the Vice President, Dr. Gideon Boako, has slammed the Minority for their criticism of the recently issued energy sector bond, saying they had displayed “gross ignorance” with the statements they made.
T…
Turkish Airlines, which flies to more than 290 destinations around the world via its hub in Istanbul, is to start operating the ultra-modern wide bodied Airbus A330 on the Accra-Istanbul route starting December 1, 2017.
The deployment o…
US President Donald Trump has said he does not blame China for the "unfair" trade relationship between the countries, despite long railing against the economic imbalance.
Speaking in Beijing, he gave China "credit" for working to benefi…
Mr Kwesi Agyeman Busia, the Chief Executive Officer of the Driver and Vehicle Licensing Authority (DVLA), says only 61 per cent of drivers in the country are lawfully licensed and 60 per cent of vehicles on the road do not go through prope…
Mr Kwamena Duncan, the Central Regional Minister, has signed an economic partnership agreement with the United States of America (USA) based Hispanic Chamber of Commerce to promote trade and businesses in the region.
The Hispanic Chambe…
CalBank has warned of increased impairments in the future if the potential injection of fresh capital into the banking sector from banks meeting the Bank of Ghana’s minimum capital requirement is not properly used.
According to the Bank…
The annual consumer price inflation fell to 11.6 per cent in October from 12.2 per cent in September, while the monthly change rate in October was 0.9 per cent and that of September was 0.0 per cent.
Dr Baah Wadie, the Government Statis…
The Trump administration has reportedly demanded sale of assets such as CNN before it would approve an $85bn (£65bn) Time Warner and AT&T merger.
Reports of the negotiations came as an AT&T executive said he no longer expects the deal t…
Luxury goods retailer Burberry, best known for its trench coats and distinctive check pattern, is to close some stores and withdraw from outlets that are not upmarket enough.
The new strategy was announced along with its half-year resul…
Businesses have expressed optimism that the government will use the 2018 Budget and Economic Policy to announce a reduction in what they described as the high cost of power for industries to be more competitive.
They also want the finan…
Cal Bank Limited has hinted of the possibility of merging or acquiring a bank as part of moves to meet the GH¢400 million minimum capital requirement set by the Bank of Ghana (BoG).
In the event that any of the two options failed, the M…
Ghana’s exports to Morocco stood at $7.4 million as of 2016, representing less than one per cent of the country’s total exports, the Deputy Minister of Trade and Industry, Mr Carlos Kingsley Ahenkora, has said.
However, imports from Mor…
The National Petroleum Authority (NPA) has given indications of an increment in prices of LPG products as government prepares to implement the Cylinder Re-circulation policy.
The Chief Executive Officer of the NPA, Hassan Tampuli, who m…
The Aliko Dangote Foundation is on a mission to reduce the prevalence of undernutrition by 60 percent in the most needy areas of Nigeria, specifically the North East and North West
The recently concluded Global Nutrition Summit 2017 (ht…
Speech by Abebe Aemro Selassie, Director, African Department, IMF The London School of Economics, London, November 6, 201
As prepared for Delivery
Good evening.
It is a pleasure to be with you all this evening and my thanks to…
SSE has confirmed it is merging its British domestic business with Npower to form a new energy company.
SSE, the UK's second-largest energy supplier, which also reported a big fall in its adjusted pre-tax profits of 13.9% in the six mon…
Some of the most important parts of our modern economy can't be seen - but they can be heard.
That's what one Peruvian economist concluded while walking through the idyllic rice fields of Bali, Indonesia, in the 1990s.
As he passed o…
Government will establish a high-level Financial Stability Council, with the view of strengthening and institutionalising mechanisms for maintaining financial stability, financial sector development, inter-regulatory development and coordi…
Deloitte, the leading professional service firm in the world on Tuesday issued a call-to-action for companies to reconsider their organisational structure, talent and human resource (HR) strategies to keep pace with the digital revolution.…
Dr Alfred Oko Vanderpuije, the Member of Parliament (MP) for Ablekuma South, has launched a business programme aimed at creating a private sector growth through a long-term partnership with the United States.
The programme, which was fa…
India’s long-term economic prospects were promising due to high savings and investment rates, a young population and integration into the global economy
South Africa can learn a lot from India, its fellow BRICS member which has achi…
The Ghana Institute of Procurement and Supply (GIPS) has launched a Code of Ethics and Conduct for procurement professionals and practitioners.
Mr Collins Agyemang Sarpong, the President of the Ghana Institute of Procurement and Supply,…
Let's talk about the last five weeks in the market.
In early October, I said it was all about the market breadth. As long as breadth stayed strong, the market was OK. Of course, it began to weaken. But it took two weeks for it to be a…
Ghana’s burgeoning online business community will once again meet in Accra for the 4th Ghana eCommerce Expo and Conference on 23-24 November 2017, under the theme, “Shaping Ghana’s eCommerce Landscape through Innovation, Regulation and Ado…
Japan's Toyota has reversed an earlier forecast of lower annual profits.
It said it now expected profits for the full year to be 1.95 trillion yen ($17bn), after a previous forecast of 1.83tn yen of annual net income.
The revised for…
US markets closed flat after quarterly earnings from travel websites Tripadvisor and Priceline disappointed.
Those results weighed on the Nasdaq, but the Dow and the S&P 500 held steady after hitting record highs in the previous session…
Nigeria has set out its budget for 2018, aimed at helping the economy recover from its first recession in 25 years.
President Muhammadu Buhari announced a record budget of 8.6 trillion naira (£21.4bn) to modernise its infrastructure.
…
The auction of a three-year dollar denominated domestic bond of the government issued on Monday, November 6, 2017 in Accra, is expected to be opened to both resident and non-residential Ghanaian investors price guidance to be announced to…
The Forestry Research Institute of Ghana (FORIG) says, it is ready to provide strong support for the smooth implementation of the national plantation strategy, developed by the government.
Professor Daniel Aniagyei Ofori, the Director, …
A seminar for Small and Medium scale Entreprises organised by CoinBox under the name Streetwise SME Seminar took place at the Britih Council on 6th November, 2017.
In a detailed presentation on the topic "The Entrepreneurial Journey", P…
Japan's Nissan has reduced its full-year profit forecast as a safety inspection scandal hit earnings.
The carmaker expects operating profit of 645bn yen ($5.7bn; £4.3bn) for the year to March 2018, down from previous guidance of 685bn y…
Max International Ghana, producers of wellness and weight-loss supplements and products, has marked its three years of operations in Ghana, with its Chief Executive Officer, Mr Joe Voytickyj, disclosing that the company has paid over GH?60…
The European Union (EU) has lifted the ban on vegetable exports from the country into the EU market after satisfying itself with the country’s phytosanitary requirements.
The five Ghanaian plants which were banned three years ago are …
More than 1,000 Ghanaians are to benefit from an accelerated oil and gas capacity (AOGC) programme annually to empower them to secure jobs in the oil and gas sector.
Under the programme which was launched in Accra on Tuesday, 200 small …
Ghana will receive €100 million this year from the German government under its 'Compact with Africa’ Programme to support the country’s renewable energy sector.
Germany is providing the funding through its technical cooperation agency, …
An agronomist, Dr, Abu Sakara Foster, has said the government should give a lot more attention to the establishment of large commercial farms to accelerate the growth of the Agric sector.
He said there was the need to encourage large-sc…
Petrosol, an indigenous privately owned Oil Marketing Company (OMC), has organised safety training in Accra for its staff.
It is to equip them with skills to manage their operations in a safe manner to ensure that lives and property are…
The Chief Executive Officer of the Savanna Accelerated Development Authority (SADA), Mr Charles Abugre, has appealed to the government to consider some preferential policies for the agricultural sector in the northern savannah zone of the …
Associated British Foods (ABF) said its annual profits surged, buoyed by growth at its Primark clothing chain and a recovery in its sugar businesses.
The food-to-fashion group said adjusted operating profit rose 22% to £1.36bn in the ye…
The Africa Centre for Energy Policy has introduced a new digital platform to help encourage tax compliance among the citizenry.
Dubbed: “Opentaxghana,” the platform seeks to promote voluntary compliance on the part of the public by prov…
Eurozone retail sales grew in September, buoyed by sales of clothing, food and tobacco.
Eurostat, the European Union's statistics office, said retail sales in the region rose 0.7% month-on-month and 3.7% year-on-year.
The figures ecl…
The Accra Metropolitan Assembly (AMA) has engaged the Land Valuation Division of the Land Commission to re-value all properties in the metropolis to help maximise revenue for development of the city.
Mr Mohammed Adjei Sowah, the Accra M…
The Academy of Economists and Investment Bankers, a subsidiary body of the Bastiat Institute Ghana has pledged to complement the investment market with deep research and data analytics to boost investor’s confidence.
Professor E. Tweneb…
ATM fees are no tiny surcharge: they're now nearly 5% of every $100 you withdraw.
For the 11th year in a row, ATM fees have hit a record high in Bankrate.com's annual study of checking accounts throughout the U.S. The average total cost…