Africa’s largest airline group, Ethiopian Airlines, has concluded preparations to start new flight to Chengdu, China three times weekly as of June 3. Chengdu is the capital of China’s Sichuan province and is the 7th largest city in China.
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OVER the past month, successive waves of thick smog have blanketed northern and central China. With visibility severely reduced, authorities have cancelled flights, shut highways and imposed emergency factory closures. Air quality usually …
Vodafone Ghana as part of their “24th akwantuo aye free” promotion has paid the transport fares and presented other packages to its cherished customers travelling from Accra to Takoradi, Kumasi and Ho.
This effort from the telecommunicati…
Six African projects with big economic and social impact will be presented during the AFIF 2017, convened by EMRC in Nairobi, Kenya
Six African SMEs have been nominated as finalists for the AFIF Entrepreneurship Award 2017, supported by…
Regional Energy Co-operation Summit to take place in January 2017 to discuss opportunities for cross-border power projects and investments across the West African region
Cross-border co-operation in West Africa is crucial to develop mec…
Africa’s largest Airline Group, Ethiopian Airlines, has ended the year with profitable growth highlighted by fleet and network expansion as well as significant investment in customer services.
Mr Tewolde GebreMariam, Group CEO Ethiopian…
Investors’ sentiments slanted towards positivity in the first trading week of the year as the Ghana Stock Exchange (GSE) bourse opens on a bullish note signalling a favourable year for equities.
Consequently the benchmark GSE-Composite …
The panel topics at the 5th Africa Business Forum represent the areas of Finance & Capital Investment, ICT, Agriculture & Mining, Power & Energy, Consumer Goods & General Trade, Logistics & Aviation, Infrastructure, Tourism, Hospitality & …
The University of Ghana’s Technology Development and Transfer Centre has developed a technology aimed at developing low lands in the country into suitable spots for rice production.
Through this technology, many farmers have been able …
201 Room New Build Hotel Boasts Imposing Design, Prime Mediterranean Sea Location and Commanding Views of Scenic Coastal City
Marriott International, Inc (NASDAQ:MAR) (www.Marriott.com), today announced further expansion in Algeria with…
Bawku, in spite of its high meat consumption rate, has no modern abattoir to prepare animals for consumption.
The butchers currently depend on a deplorable old structure built in the colonial days.
Statistics from the Bawku Environme…
The Vice President of Groupe Ideal Charles Arkuh has said the financial sector in Ghana has to take strategic decisions in order to sustain the industry .He made this remark in an exclusive interview to address development in the sector ke…
Energy Bank Ghana has schooled a number of exporters on the features, requirements, utilisation of trade finance lines and among other trade products that would help facilitate their business transactions easily.
Dubbed: “Time with Expo…
Ghana, the world's second largest cocoa producer, has put in place a number of interventions and best agronomic practices to help double output of the crop within ten years.
Ghana's cocoa industry, touted as the nation's economic back-b…
The Ghana Stock Exchange (GSE) continued its 2017 bullish trajectory as transactions were recorded in 12 equities with five price changes; consequently the benchmark
GSE-Composite Index inched up by 0.03 per cent to close at 1,703.8 poi…
The former Exxon chairman and chief executive chosen by Donald Trump for US secretary of state will receive $180m to cut financial ties with the firm.
The arrangement will mean Rex Tillerson meets the conflict of interest requirements f…
President John Dramani Mahama has said that with far reaching interventions by government and expectation of more domestic gas from the TEN and Sankofa Fields, “Ghana is entering into an era of energy self-sufficiency.”
“It has taken a …
The U.S. trade deficit widened for a second straight month in November as imports rose to their highest level in more than a year on higher oil prices, suggesting that trade was a significant drag on economic growth in the fourth quarter.
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OPEC's oil output in December fell from a record high ahead of a deal to cut production, a Reuters survey found on Thursday, helped by attacks on Nigeria's oil industry and top exporter Saudi Arabia trimming exports.
The decline, the fi…
Samsung Electronics has reported a 50% profit surge in its guidance for the fourth quarter despite the fiasco with its flagship Note 7 phone.
The earnings estimate is higher than analysts predicted and would mark its highest quarterly p…
Donald Trump has tweeted that Toyota will face hefty tariffs on cars built in Mexico for the US market if it builds Corollas south of the border.
The president-elect said the Japanese company would be hit with a "big border tax" if the …
President John Dramani Mahama said on Thursday that Ghana’s economy remained second largest in the West African sub-region despite his administration inheriting wobbling economy unfavourable for investment.
“We inherited an economy tha…
Apple announced that its App Store set a new sales record on 01 January, of USD 240 million. This followed a strong 2016, with developers earning 40 percent more than the previous year on their products in the app store, Apple said. In Dec…
The General Manager of Benso Oil Palm Plantation Limited (BOPP), Mr Samuel Avaala, has called on the government and policy makers to review policies on oil palm production to create a favourable business environment.
That, according to …
Leading 4G mobile broadband wireless operator, Busy Internet, has announced a new package which will be available until January 15, 2017 after its initial offer launched in December last year was oversubscribed.
The new offer - opening …
A court in the Chinese city of Nanjing has jailed two men for swindling customers of their savings through a fake bank, state media report.
The men, surnamed Zeng and He, were found guilty of pocketing 435m yuan (£51m; $63m) from some 4…
Libya is about to re-open the last major oil terminal that has been shut due to factions fighting in a move that would allow it to further increase oil exports, potentially putting pressure on oil prices and on fellow OPEC members that hav…
A Banking consultant, Nana Otuo Acheampong, has stressed the need for the establishment of a Banking Ombudsman to serve as an independent arbitrator between banks and their customers.
According to him, the instance where banks set up t…
The affiliation further expands Edelman’s existing operation outside its South African office
Edelman (Edelman.com), a leading global communications marketing firm, has announced that it has signed on Chain Reactions Nigeria (ChainReact…
US department store chain Macy's has seen its share price fall 13% as it cut profit forecasts and announced plans to shed 10,100 jobs to save $550m (£447m).
It said 3,900 jobs would go in 2017 as a result of 68 store closures, out of a …
U.S. services sector activity held at a one-year high in December as new orders surged, while the number of Americans filing for unemployment benefits fell to near a 43-year-low last week, suggesting the economy ended 2016 with strong mome…
Players in the financial sector shakes trading on the Ghana Stock Exchange (GSE) on Wednesday as at the close of trading, activities were registered in ten equities with four price changes; with all the market movers from the financial sec…
Unilever Ghana Limited has appointed Mr Yeo Ziobeieton as the new Managing Director of the Company with effect from January 1, 2017. Mr Ziobeieton assumes his new role with 14 years experience with Unilever Cote d’Ivoire, Dakar, Durban, Ke…
In line with its quest to continually provide its clients with innovative products and services, MTN, Ghana’s most sought-after telecommunications network provider today announced the launch of FonAd, a free mobile advertising app.
Desi…
The incoming Government has been urged to introduce new and realistic housing policies to address the growing accommodation shortfalls, and open up more employment opportunities for the youth.
The Chief Executive Officer (CEO) of Danywi…
Traders at the Ho Central Market have threatened not to pay market tolls to the Ho Municipal Assembly (HMA) over alleged irregularities in the allocation of the yet-to-be-completed Ho Central Market Stores.
The traders, in a press state…
Borrowing by small U.S. firms ticked up in November, data released on Thursday showed, as Americans unexpectedly elected Republican Donald Trump as their next president and investors bid up U.S. stocks on bets that tax cuts will boost prof…
It’s the opening shot of 2017, fired by health advocates looking to advance a long-running fight against soda-makers.
A lawsuit filed Jan. 4 in federal court in California alleges that Coca-Cola and its trade group, the American Beverag…
A three-day scholar’s camp for girls has been held at the Labone Secondary School in Accra.The event was organised by Vodafone Foundation as part of its efforts to empower young and brilliant girls.
Vodafone Ghana in partnership with Br…
Entrepreneurs Foundation of Ghana (EFG), has opened nominations for Ghana Entrepreneur & Corporate Executive Awards Gala 2017, seventh edition.The deadline for the entries to be nominated for the Ghana most prestigious awards for entrepren…
Apple has withdrawn the New York Times from its China App Store, following a request from Chinese authorities.
The paper said the move was aimed at preventing readers in China "from accessing independent news coverage".
Apple said th…
Business activities in the Central Business District (CBD) of Accra are yet to pick up a week after the Christmas and New Year festivities. The bustling activities that characterised the CBD, with congested human and vehicular traffic, we…
The Tony Elumelu Foundation (TEF) has announced the opening of application to support young businesses in Africa with 5,000 dollars seed capital as part of its third cycle entrepreneurship programme.
The programme is currently accepti…
National Investment Bank (NIB) has issued a cheque for more than GH¢29,300 to the Ghana Prisons Service to fund the re-roofing of the residence of its Ashanti Regional Commander.
The presentation is part of ‘Project Efiase’, an initiati…
The number of new cars sold in the UK hit an all-time high in 2016.
The Society of Motor Manufacturers and Traders (SMMT), said 2.69 million cars were registered last year, 2% higher than in 2015.
The industry body said 2016's growth…
Most of us have been there, that moment when you start to panic because you can’t find your wallet. It’s an unfortunate situation that for many, means a big headache. Although it can be difficult to keep what you carry in your wallet to a …
Chinese e-commerce giant Alibaba has sued two vendors for selling counterfeit goods, weeks after being blacklisted by a US industry watchdog.
It's the first time the firm has taken legal action against counterfeiters.
Alibaba sued th…
The price of petrol and diesel in the UK has risen to its highest since July 2015, following a three-pence-a-litre increase in December alone.
The average cost of unleaded petrol hit 117.23p at the end of the month, with diesel reaching…
The Thai government on Wednesday denied rice exported from Thailand contains plastic, following a Facebook post from the United States that went viral online claiming rice from Thailand is mixed with plastic.
A Facebook user by the name…
An opportunity exists to nudge institutional investors, and to a limited extent, retail investors to make more private equity investments to fill the financing gap. More generous tax and regulatory-based incentives, combined with matching…
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