The Ghana Export Import Bank (Ghana EXIM) was launched in Accra to provide long term and patient capital, export insurance and financial advisory services for businesses operating in the export end of the market.
The launch was the outc…
The Head of Human Resource at the National Investment Bank (NIB), Mr Senya Adjabeng, has challenged students to develop hobbies that will add value to their lives.
Once developed, he said, such hobbies must further be turned into skill…
Silver Star Auto Limited (SSAL) has commissioned a new showroom and service centre in Kumasi, Ashanti Regional capital. It has also launched a free diagnosis campaign for Suzuki vehicles with a 20 per-cent discount on labour and genuine sp…
Swiss Africa Oil Limited, the company prospecting for oil in the Keta Delta Block, has embarked on an environmental impact assessment exercise in the Volta Basin. The oil company was awarded the Keta Delta block in March this year.
Alre…
The Ministry of Food and Agriculture (MoFA) has initiated the pilot phase of a new programme to establish farm service centres in the country.
Presently, about five of the multi-purpose centres have been completed and are expected to be…
Wholesalers and distributors are being encouraged to use the Instant Pay (GIP) for their transactions to ensure quick payment and delivery of goods particularly during this yuletide.
The Instant Pay is another payment system introduced …
Ghana has signed a 7.84 million Euros mixed credit facility agreement with the Nordea Bank of Denmark for the establishment of an Environmental Monitoring Laboratory at the University of Mines and Technology (UMaT).
The Environmental Mo…
A commodity trading company, Finatrade, is said to have begun series of job cuts in anticipation of an eventual liquidation as the company is soaked in more than GH¢1 billion debt that is threatening the survival of some banks in the count…
Twenty two small and medium (SME) print companies in Ghana received the necessary skills to meet international standards through in-depth training by Canon Central and North Africa, a leader in imaging solutions and Invest in Africa.
T…
All informal miners have been successfully moved from the previously occupied areas of the AngloGold Ashanti Ghana’s (AGAG) concession, Dr Toni Aubynn, the Chief Executive Officer(CEO) of the Minerals Commission said on Wednesday.
‘’We …
The agreement involves both online sales and POS payments through electronic payment terminals
Societe Generale (SocieteGenerale.com) announces that it has signed a merchant acquiring partnership with American Express (AmericanExpress.c…
Mr Makue said this is a positive step towards regulating responsible alcohol use in the country
The Chairperson of the Select Committee on Trade and International Relations, Mr Eddie Makue, has voiced satisfaction that all political par…
A team of researchers have pinpointed some of the mechanisms used by plants to cope with drought conditions. The discovery of the specific genes and proteins involved may help plant breeders develop crops better suited to changing conditio…
SOFAAMY Company Limited, a wholly owned Ghanaian company, has inaugurated a $2.8million glass processing plant in Accra.
The facility is to manufacture a multiplicity of high quality processed glass to serve the real estate industry and…
For close watchers of Ghana’s microfinance industry, it must be a welcome surprise that it is no longer on the front burner of public attention. This is because nearly all the attention it got in 2015 and the first half of 2016 resulted fr…
The oil cartel Opec has agreed its first supply cut in eight years in order to boost the price of oil.
Mohammed Bin Saleh Al-Sada, Opec's president, said a cut of 1.2 million barrels a day would start from January.
It comes after mor…
The European Union funded Trade Related Assistance and Quality Enabling Programme (TRAQUE), has embarked on an extensive good agricultural practices training for mango farmers in the Northern and Upper East Regions.
Farmers in Salaga, T…
Oil extended declines to slip below US$46 a barrel amid skepticism over OPEC’s ability to reach an agreement to cut output as representatives meet on Monday amid last-minute negotiations to reach a deal.
Futures fell as much as 2 percen…
The Government has announced plans to build an airport at Aflao in the Ketu South Municipality of the Volta Region. Mr. Fifi Fiavi Kwetey, Minister of Transport and Member of Parliament (MP) for the area, gave the hint while commissioning…
Zoomlion, a waste management company and its sister companies on Tuesday organised its annual Praise and Thanksgiving Service to mark 10 years of excellence in managing waste in Ghana and other African countries.
It was on the theme: “O…
Applications have opened for the Barclays Accelerator programme, powered by Techstars, an initiative aimed at uncovering the next M-Pesa or Paypal by working with exceptional fintech entrepreneurs innovating Africa's financial services ind…
Ayrton Drug Manufacturing Limited recorded a net profit of GHC2,598,241 in 2016 as against a loss of GHC4,822,000 in 2015, an increase of 153.9 per cent. Turnover also rose from GHC34,892,733 in 2015 to GHC38,772,241, an increase of 11.12…
The price of benchmark crude oil has fallen almost 4% as traders question whether Opec can agree on a deal to limit production.
In September the oil exporting cartel members voted for the first production cut in eight years.
Details …
Employees of Airtel Ghana, the Global Carrier Award winner for Best CSR Initiatives, have showered over 1,400 pupils of the La Wireless Cluster of Schools in Accra with gift items leading up to the Christmas festivities.
They donated “S…
MTN Ghana, the leading telecommunications service provider in Ghana, has announced it will be launching the first sponsored data service in Ghana in partnership with Datami and Viotech.
The sponsored data services will allow customers t…
The 2016 World Bank Report on trade logistics in the global economy has revealed that Ghana has made substantial improvement in its Global Logistics Performance Index (LPI) ranking in 2016.
The report, “Connecting to Compete 2016 – Trade …
Guinness Ghana Breweries Limited (GGBL) has introduced another drink, Tappers Palms, to its list of assorted drinks on the Ghanaian market.
The drink is produced with natural notes of palm and served ice cold to give an authentic taste …
Vodafone has paid close to 1 million Ghana cedis as interest payments to customers of its Vodafone Cash over the past three quarters of this year, Head of Service at Vodafone Ghana, Martison Obeng- Agyei has said.
He said the payment fo…
New Crystal Health Services Limited, a healthcare providing company, will next year list on the Ghana Stock Exchange to raise GHc16 million to finance the operations of the company.
The Chief Executive Officer (CEO) of New Crystal Servi…
A mission led by Mr. Michel Lazare, IMF Mission Chief for Mozambique, will visit Maputo from December 1 to December 12, 2016 to initiate discussions with the Mozambican authorities on a new program. These discussions will continue in the f…
There is clearly a need in the aftermath of Brexit for there to be a degree of reassurance given to Africa that Brexit doesn’t mean that the United Kingdom is going to turn its back on Africa
Brexit does not mean that the British govern…
South Africa was one of the first countries to initiate investment policy reforms that led to a decision to not renew the first generation/old style bilateral investment treaties that were unbalanced since it provided absolute protection t…
The Royal Bank Foundation, the charity wing of The Royal Bank, has constructed 12 boreholes for 11 communities in the Northern Region to ensure improved access to potable water.
The beneficiary communities are Gbintiri, Gambaga, and N…
The National Media Commission and the National Communication Authority have urged all mobile network operators in the country to ensure quality networks during the election period.
The two institutions in a joint statement reminded the …
The Second Deputy Governor of the Bank of Ghana (BoG) Dr Johnson Asiama has urged the mining companies to support government’s vision to create an integrated mining industry.
He said the mining sector’s contribution to the economy would…
The Managing Director of Consolidated Shipping Agencies Limited, Dr M.C Vasnani, is urging the Ghana Standards Authority (GSA) to undertake a public education campaign to explain issues pertaining to standardisation in the country.
H…
The EXIM Bank (EDAIF) has supported the Tungteiya Women’s Association, a shea butter processing group, with a cargo truck valued at about GHS102,000. The truck is to aid them in conveying shea nuts from the bush to their warehouse at Savel…
Union Savings and Loans Company Limited, has attained a banking status, changing its name to OmniBank Limited.The company acquired a provisional universal banking licence in December 2015 after meeting the Bank of Ghana’s requirements in J…
Internships are open to Kenyan applicants, preferably those in their 3rd to 5th year of study in ICT related fields
Safaricom (NSE: SCOM) (http://APO.af/29R7vf) has announced plans to recruit 62 interns by January 2017 as it progresses …
The African growth story is no longer a fairy tale. Over the past decade multinational companies, private equity funds and infrastructure development programmes have channeled capital to the continent as they began to realise the true pote…
Rwanda, Botswana and South Africa fall closely behind
The Ashish J Thakkar Global Entrepreneurship Index of 85 countries ranks Singapore as the best environment for entrepreneurs
Of the African nations, Namibia scores highest a…
Unilever Ghana has announced the appointment of Mr Edward Effah, Mrs Edith Dankwah and Mr Philip Sowah as non-executive directors effective November 1, 2016.
“The company welcomes them to their new role, thanks them for accepting to sup…
The Wassa Association of Communities Affected by Mining, an environmental advocacy organisation, has asked the Government to suspend all mining activities in forest reserves and withdraw the leases of mining companies who conduct their act…
The management and staff of Lexta Ghana Limited, producers and suppliers of Yazz products and Hooch Foods on Friday visited the Madina Municipality in Accra to interact with retailers, distributors and customers.
The exercise dubbed: ‘…
The Bank of Ghana (BoG) has directed mining companies operating in the country to submit all documentations on the sale of their forex to the commercial banks.
This is to ensure proper monitoring of export receipts and liquidity in the…
Recipients of foreign remittance can now opt to have the money paid directly to their bank account, following a collaboration between Unity Link remittance company and Ghana Interbank Payment and Settlement Systems (GhIPSS).
This collab…
As part of the value proposition of the Access Bank ‘W’ Initiative to offer financial literacy workshops, over 50 women entrepreneurs in Accra have received training in enhancing their business performance to enable them stay competitive. …
Four of MTN Ghana’s creative campaigns have won prestigious awards at the recently held Gong Gong Awards.
The Gong Gong award is organized annually by the Advertising Association of Ghana to reward creativity and strategic thinking that…
Mr Mike Nyinaku, the Chief Executive Officer of the BEIGE Group said entrepreneurship is a way of life and that it is quite difficult to teach it as it is more linked to one’s behaviour, personal experiences and aspirations.
“If you are…
Vodafone Ghana’s Chief Executive Officer, Ms. Yolanda Cuba, has expressed concern over the introduction and implementation of Interconnect Clearinghouse (ICH) in the country by the National Communication Authority (NCA), arguing that ICH o…