Chief Representative of Japan International Cooperation Agency (JICA), Mr Koji Makino, said for Ghana to achieve its policy on “sowing the seeds for growth and jobs; and One district One factory Initiatives” it must consider the applicatio…
Glo Mobile has announced the introduction of Campus Booster, a new product designed to bring more data for students, workers, visitors and other residents of higher institutions across Ghana.
This product, which is available to both pre…
A former Finance Minister, Dr Kwabena Duffuor, has advised the government to focus on stabilising the economy this year rather than pursuing growth, since the economic fundamentals are weak.
Although he lauded the government’s initiativ…
Mr Tony Onyemaechi Elumelu, the Chairman of UBA Group, has called on African governments to provide conducive business environment for entrepreneurs to operate.He said entrepreneurs needed more eco-systems to succeed in their business oper…
The Russian Nuclear Corporation, Rosatom has announced a number of bursaries available for African students to study towards a nuclear profession at one of its world renowned universities.
The announcement was made in Johannesburg, Sou…
The government yesterday took a giant step towards giving tax cuts to businesses and reducing the cost of doing business with the presentation of four tax-related bills to Parliament for amendment.
The bills are the Income Tax (Amendmen…
The Chairman of United Bank for Africa (UBA), Tony Elumelu, has assured President Nana Addo Dankwa Akufo-Addo, of the Bank’s support for the growth and development of the critical sectors of Ghana’s economy.
He said investor confidence…
Josie purchased a life insurance policy from Sulu Life Assurance Company; it was an investment-linked endowment plan with the expectation that at the end of a six-year period, she would be given an amount of GH¢10,000 as the guaranteed exp…
Pan African Mobile Phone and electronic brand, Rlg Communications Group was among a number of product manufacturers that took part in the just-ended Mobile World Congress in the Spanish city of Barcelona.
Mobile World Congress is the wo…
Gold imports by India, which competes with China for the role of world’s biggest consumer, are said to have risen almost three-fold in February from a year earlier as jewelers increased stockpiles before the festival and wedding period tha…
Emirates’ triple-deck Infinite Possibilities Stand, has drawn a strong presence at the 2017 edition of world’s leading travel trade show, ITB Berlin, welcoming thousands of guests during the five days event.
Crowds gathered to see the…
The BEIGE Group (TBG), a financial services provider, has ventured into the provision of health insurance services following the acquisition of Empire Mutual Health Insurance (EMH), a licensed private health insurance firm in Ghana.
The…
The Institute for Fiscal Studies (IFS), says government must focus on addressing the macro-economic fundamentals before it begins to implement its ambitious policy initiatives.
The Institute maintains that while the initiatives outlin…
With the number of award entries up by 20% since its inaugural year last year, The World Media Awards (WMAs), hosted by the World Media Group*, are today announcing their 2017 shortlist. Reflecting the truly international nature of the WMA…
First Allied Savings and Loans Limited has been named the Best Savings and Loan Brand of the Year by Premier Brands Ghana Limited under its Brand Excellence Awards ceremony slated for March 31, this year.
First Allied Savings and Loans …
The Chamber of Commerce and Industry France Ghana (CCIFG) has held a Business Breakfast with PricewaterhouseCoopers (PwC) on the Ghanaian tax system to shed light on it.
It also provided the platform for the business community to unders…
Toshiba president Satoshi Tsunakawa has said the company may sell its majority stake in US nuclear unit Westinghouse.
The struggling electronics firm bought Westinghouse in 2006, but it has suffered huge cost over-runs.
Toshiba has a…
The Head of Department at the University of Ghana Business School (UGBS), Professor Godfred Bokpin, has proposed the development of a strategic budget implementation policy that will ensure the effective execution of the government’s econo…
Two Hundred Ghanaians joined the elite class of dollar millionaires in 2016, raising the tally of the High Net worth Individuals (HNWI) with US$1million or more to 2,900 people from 2,700 in 2015.
According to the Knight Frank Wealth Re…
The BEIGE Group, a financial services provider, has presented a cheque for GHS60, 000.00 to the Ghana @ 60 Planning Committee.
The donation is targeted at supporting the plethora of activities lined up for the yearlong celebration.
…
Airtel Ghana, the Smartphone Network, through its Airtel Premier Sub brand which provides bespoke telecom and lifestyle solutions for high value customers, is rewarding hundreds of customers with exciting prizes, as part of the company’s o…
Guinness Ghana Brewery started third week of March trading on the Ghana Stock Exchange (GSE) with a block trade in its shares, in effect the benchmark GSE-Composite Index edged by 0.04 per cent to close at 1,875.6 points.
The GSE-FSI ho…
The Government has shrunk its capital expenditure budget by 7.2 per cent to GH¢ 9.73 billion, sparking concerns of a halt in the development of infrastructural projects as witnessed in the past.
In 2014 and 2016, the top two priority ar…
Mr Ebenezer Asante, Chief Executive Officer of MTN Ghana, on Monday said the company was going to focus more on its customers, because they are a formidable force behind the company.
He said transforming the operational model, coupled w…
Ghana will increase agricultural productivity to international standards through the new policy initiative, “Planting for Food and Jobs”, the Minister of Agriculture, Dr Owusu Afriyie Akoto, has said.
The initiative, he said, would take…
General Electric (GE) the world’s premier digital industrial company, on Monday said it had ordered 200MW new cycle power plant to be operated by Amandi Energy Limited at Aboadze in the Western Region.
The plant would help to add reliab…
There is uneasy calm among staff and some management members of Airtel Ghana and Millicom Ghana, operators of tiGO. This follows the formal announcement of a merger between the two companies in their quest to dominate the highly competitiv…
The Africa Business Media Limited, publishers of the Ghana Business and Finance Magazine, has launched the fifth edition of its Ghana Economics Outlook and Business conference in Accra as a platform to address mobile money issues.
This…
The CEO’s Network Limited, in collaboration with Deloitte, an international audit firm, has opened nominations for the 2016 CEO Awards. The Chief Executive Officer of the Network, Mr Ernest Egyir, said the awards was, among other things, m…
More than 100 staff members of the Information Services Department (ISD) and regional budget officers had undergone a three-day budget sensitisation training to enable them to educate the public on government economic policies in the 2017 …
Ghanaian cocoa farmers have been asked to continue to stick to best cultural practices to help keep unaltered the quality of the nation’s cocoa beans.
They should ensure that the beans are taken through proper fermentation, thoroughly d…
The Ghana Revenue Authority (GRA) has allayed fears of the public that the tax incentives announced by the Finance Minister in the 2017 Budget would hinder its tax collection efforts.
In line with the Government’s election campaign prom…
In the period since independence in the 1950s, Africa has undergone profound social, cultural, economic and political changes. Some inherited and historically rootless colonialist political and social systems have collapsed, been transcend…
The President of US-Africa Business Centre at the US Chamber of Commerce, Mr Scott Eisner, has expressed the resolve of the chamber to make Africa the frontline of President Donald Trump’s administration in terms of trade policies.
Towa…
Political meddling of the leadership of most State owned commercial establishments continue to be the bane of the country's economic and growth woes.
There is therefore the need to dilute the top management positions in corporations su…
Mobile phone giant Vodafone says it will create 2,100 jobs across the UK.
The company is expanding existing customer service centres, with 800 additional posts in Manchester, almost 150 in Newark, more than 150 in Stoke-on-Trent and abo…
The Minister of Finance, Mr Ken Ofori-Atta is optimistic that the measures outlined in the budget would help ensure efficiency in revenue collection and offset any shortfalls because of tax reliefs.
He said government was sure to increa…
Nestle Ghana at the weekend organised Distributors’ Conference and Awards ceremony in Accra, during which prizes were presented to the four categories of Product Champion, Highest Turnover, Overall Best Distributor and National Best Award.…
Government is committed to transforming the railway sector, to become the backbone of the economic transformation that will lift Ghana from a middle-income into a developed country, the Minister for Railways Development, Mr. Joe Ghartey, h…
Toyota Ghana Company Limited has ended its eight National Technical Skills Contest for Technicians and Service Advisors in Accra, with two winners earning a fully-paid trip to the Global Toyota Champions Assembly in Japan in September.
…
Airtel Ghana joined the international community to celebrate International Women’s Day on 8th March with a series of activities aimed at celebrating women in Airtel and across the country.
International Women's Day is commemorated globa…
An industry tracker says bottled water overtook soda as the No. 1 drink in the U.S. by sales volume last year.
Bottled water has been enjoying growth for years, while sales of traditional sodas have declined. Research and consulting fir…
The maiden budget of the Akufo-Addo Administration, presented by the Finance Minister on Thursday, March 2, 2017, saw the downward revision of certain taxes while others were completely abolished.
We are of the view that even though tax…
Women in informal sector employment have been urged to explore available avenues that could add value to themselves and their products in order to remain relevant in the changing world of work.
Madam Christiana Carl-Oparebea, former Nat…
The Young Investor Network (YIN) is to host series of activities to commemorate the Global Money Week 2017 in Ghana from March 28 to April 2 with the aim of instilling in young people, financial literacy.
A statement signed by Mr Joshua…
The Ghana Institute of Governance and Security (GIGS) says the decision by Morocco - a North African economic giant, to join Economic Community of West African States (ECOWAS), could provide the sub- region with huge investment opportuniti…
VW and Tata have agreed to form a strategic partnership to help both companies boost economy car sales in India and emerging markets.
VW's Skoda unit will lead the project to develop components and vehicles.
VW is looking for new mar…
Norwegian oil and gas producer Statoil said on Thursday it aims to cut its annual carbon dioxide emissions by about a fifth from current levels by 2030 as part of global efforts to limit climate change.
It set a goal of cutting 3 millio…
Rome (AFP) - Italy on Wednesday introduced a flat tax for wealthy foreigners in a bid to compete with similar incentives offered in Britain and Spain, which have successfully attracted a slew of rich footballers and entertainers.
The ne…
The Minister of Finance, Mr Ken Ofori-Atta, has stated that the country will make up for the shortfalls in tax reliefs by ensuring efficiency in revenue collection, especially by the Ghana Revenue Authority (GRA).
He said tasking the GR…