International Atomic Energy Agency's (IAEA) scientists and nuclear experts on the Integrated Nuclear Infrastructure Review (INIR) have given Ghana thumbs up for her preparation so far for nuclear energy.
"Ghana has established effectiv…
Mr. Alan Kwadwo Kyerematen, the nominee for the Trade and Industry Ministry, said the Government would support existing companies to be competitive on the international market by providing them with stimulus packages.
Mr. Kyerematen, t…
McDonald's Corp's (MCD.N) sales at established U.S. restaurants fell for the first time in six quarters as the novelty of all-day breakfast failed to overcome competition from supermarkets and other food sellers.
Shares of McDonald's we…
The chief executive of Taiwan's technology giant Foxconn has confirmed his company is considering setting up a new plant in the United States.
Terry Gou told reporters the investment might exceed $7bn (£5.7bn).
The investment by a ma…
Mr Ken Ofori- Atta, the Minister Designate for Finance, says tighter monitoring and control of the nation’s finances and fiscal policies would reduce leakages needed to protect the public purse.
“When I look at the current state of our…
President Donald Trump has fulfilled a campaign pledge by signing an executive order to withdraw from the Trans-Pacific Partnership (TPP).
The 12-nation trade deal was a linchpin of former President Barack Obama's Asia policy.
"Great…
Filing taxes has long ranked as one of the most dreaded activities, falling shortly behind getting teeth pulled and helping friends move.
Happily -- thanks to the emergence of online tax prep tools -- filing taxes no longer has to be a …
The UK economy will see three years of "relatively slow growth" as it comes to rely more on trade and less on consumer spending, a think tank says.
The influential EY Item Club said higher inflation caused by a weaker pound would result…
The Sekondi-Takoradi Chamber of Commerce and Industry (STCCI) has elected new executive members who have been inducted into office to steer the affairs of the chamber during its maiden Annual General Meeting (AGM).
The new executives a…
The 68th Annual New Year School and Conference, organised by the School of Continuing and Distance Education, College of Humanities, University of Ghana, has ended in Accra.
The event which spanned January 15 – January 20 ended with com…
Siemens Oil and Gas Limited, Ghana has launched an Oil and Gas sector training programme to help build local capacity in the energy sector as its commitment to assisting Ghana to meet her expanding energy needs.
The training programme,…
Royal Dutch Shell's (RDSa.L) head of exploration Ceri Powell will step down next month, capping seven years in the role marked by sharp cutbacks in the company's search for new oil and gas reserves amid the industry's deep downturn since m…
The Africa Centre for Economic Policy has called on government to set in motion accelerated programmes to settle the debt of the utilities companies whilst, setting up healthy institutions to manage the delivery of power.
The Centre urg…
Emirates plans to start flying to the United States with a stop for passengers in Greece, its second so-called fifth freedom flight and a move that could anger U.S. competitors who accuse it of competing unfairly through state subsidies.
…
The BEIGE Foundation has identified and admitted 90 more students from 17 selected schools into its youth mentoring and training programme, the Youth Excellence League (YEL).
The young students, carefully selected from senior, junior, …
The third week trading on the Ghana Stock Exchange (GSE) continued upward trajectory as the bullish sentiments which characterized trading persisted on the Accra Bourse as investors’ appetite for Ghanaian equities ascended.
In effect, t…
Anglo American Plc (AAL.L), which broke with tradition when it set up a focused commercial unit, sees modest improvements ahead after an early boost to profits, as it gets closer to clients, even offering shelter from volatile markets with…
A team from the International Monetary Fund is to arrive on Ghana in two weeks’ time to join the Government side to begin the process of renegotiating Ghana’s deal with the global financial body.
Mr Yaw Osafo-Maafo, Senior Minister Desi…
Oil prices fell one percent on Monday as signs of a strong recovery in U.S. oil drilling activity outweighed news that OPEC and non-OPEC producers were on track to meet output reduction goals set in December.
Global benchmark Brent crud…
Professor Michael Ayitey Tagoe, Dean, School of Continuing and Distance Education, University of Ghana, said this year's New Year School was one of the most successful in terms of participation. This year’s School and Conference recorded a…
European stocks and bond yields edged lower on Monday and the dollar briefly hit a six-week low after U.S. President Donald Trump began his term in office with a protectionist speech that drove a nervous market into safe-haven assets.
W…
Afriwave Telecom has stepped up efforts aimed at reducing Subscriber Identity Module (SIM) box fraud and its related impact on telecommunications and the country in general. The move is being facilitated by the Interconnected Clearing Hou…
A global law firm, Hogan Lovells, is using its decades of experience advising in Africa to work with local teams to help guide the government and the private sector to craft business deals that will help meet the infrastructure needs of th…
The Africa Centre for Energy Policy (ACEP) has called on the new administration to conduct an audit of the country’s power sector.
The audit, the ACEP believed, would help ascertain the sector’s robustness to meet the country’s growing …
An indigenous bamboo processing company, Pamplo Ghana Limited, has begun full production of bamboo products at full capacity to meet the demands of both the local and the West African market.
“Presently we will be able to produce about …
The Minister-designate for Finance, Mr Ken Ofori-Atta, says his ministry will not tolerate unwarranted sole sourcing of government contracts by ministries, departments and agencies (MDAs).
Answering questions before the Appointments Com…
The Public Interest and Accountability Committee (PIAC) has expressed concerns about the growing indebtedness of state institutions, especially the Volta River Authority (VRA), to the Ghana National Gas Company (GNGC).
PIAC fears that t…
The Ghana Grid Company (GRIDCo) has put in place action plans to help the country achieve universal access to electricity by 2020.
The plans include the construction of new sub-stations in places such as Kpando, Kejebi, Berekum, Juabeso…
Municipal and District Assemblies (MDAs) have been urged to explore alternatives and pragmatic means in raking in more revenue to complement the District Assembly Common Fund (DACF) for accelerated development.
Mr Milton Aberinga, the P…
The first quarter of 2016 has been marked with improvement in the results recorded for investments by local investors. Of the 39 projects registered during the first quarter, 30 representing 76.92 per cent were wholly-foreign owned enterpr…
The Institute for Fiscal Studies (IFS), an independent political think-tank, has proposed economic policies capable of delivering tangible socio-economic benefits to Ghanaians.
The think-tank devoted to the provision of economic policy …
The Cocoa Processing Company (CPC) led the gainers for the mid-week trading on the Ghana Stock Exchange (GSE) with doubled stock which was value 100 per cent to close at GH? 0.02 per share.
The State Insurance Company rose by 7.7 per ce…
Mobile finance holds great potential for promoting financial inclusion in agribusiness especially with mobile phones increasingly becoming affordable, Dr Berty Annan, the Country Manager, Agribusiness Systems International (ASI) has said.
…
Mr Kojo Addae-Mensah, the Group Chief Executive Officer of Databank, called on all stakeholders in the financial sector to adopt strategies of making savings and investment a part of the Ghanaian culture.
He advised individual banks to …
As a founding father of coprorate pan-Africanism, and a champion of Africa, Mr Djondo’s accomplishments remain an inspiring model for entrepreneurs all over the continent
The AfroChampions Initiative, an innovative project designed to p…
Apostle Samuel Asuming-Brempong of the Department of Economics and Agribusiness, School of Agriculture, University of Ghana, has lauded the Ministry of Food and Agriculture for the creation of the Agribusiness Support Division.
He said …
Managers of the Bus Rapid Transit (BRT) have called for a legislative instrument to criminalise the encroachment on the dedicated lanes for the Quality Bus System (QBS) by other road users.
Such instrument, they explained, would ensure …
This brilliant meeting hosted two highly esteemed global business leaders and serial entrepreneurs: Romeo Effs — The Business Gladiator, Strategist & Fixer — founder and CEO of Empire Builders, and AnieAkpe, founder of IBOM LLC, Innov8tiv,…
Economy Class passengers on all Emirates Airlines’ long-haul flights will now enjoy sustainable and warm blankets made from 100 percent recycled plastic bottles, using ecoTHREAD™ patented technology.
A statement issued by the airline s…
Cobblers, popularly called “shoemakers” in Accra, have blamed the near collapse of their business on the increase in the sale of cheap foot wear, commonly known as “low-cost”.
They said the low prices of footwear had discouraged their p…
Oil production on the Jubilee Field will be shut down for 15 days, starting February 3, 2017, to allow for an interconnection with the Tweneboa, Enyera and Ntomme (TEN) operations.
The planned shutdown will lead to immediate curtailment…
DAVOS, Switzerland (AP) — OPEC countries could cut oil production again this year, Saudi Arabia's energy minister said Thursday.
Speaking at the World Economic Forum at the Swiss ski resort of Davos, Khalid Al-Falih said he "would not e…
If you're aiming to zero out your student loans ahead of schedule, pay attention to how your loan servicer handles those extra payments.
The Consumer Financial Protection Bureau announced Wednesday it is suing federal and private studen…
Panellists at the 68th Annual New Year School and Conference have called for the combination of Information and Communication Technology (ICT) Extension (E-extension) and the traditional extension system to boost agricultural production in…
London can breathe easy - it will continue to be the financial lungs of Europe, according to Barclays chief executive Jes Staley.
While he admits the bank may have to move some activities to bases in Dublin or Germany, he believes that …
Policy think tank, the Institute for Fiscal Studies (IFS), has asked the government to be cautious in the implementation of its policy proposals, explaining that the fundamentals of the economy are weak and incapable of supporting major po…
In keeping with its commitment to empower the youth through education, the Youth Excellence League (YEL), an initiative of The BEIGE Foundation, has honoured 90 students from 17 selected schools.
The students were selected from senior h…
Government has been cautioned to guard itself against the abrogation of already existing social intervention contracts without recourse to the implications of such a decision.
With reference to contracts with caterers who cook for the G…
Ghana needs new, bold and systematic policies capable of bringing about fundamental changes to the economy, the Executive Director of the Institute for Fiscal Studies (IFS), Professor Newman Kwadwo Kusi, has stated.
According to him, Gh…
TAP Portugal has announced a 36 per cent increase in its traffic results from Africa in December 2016 and a 10 per cent total growth for the whole year.The airline said it carried 800,000 passengers on it African routes, an increase of 75,…
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