The year-on-year inflation from the Producer Price Index (PPI) for all industry fell to 3.1 per cent in January 2017, from the 4.8 per cent recorded in December, last year.
The rate shows a 1.7 percentage points lower than the rate reco…
The Canadian High Commissioner, Heather Cameron, has called for the intensification of the implementation of the Voluntary Principles Agreement as all stakeholders “would benefit from responsible development of the mining sector”.
She s…
Dr Robert Osei, Economist and Researcher at the Institute of Statistical and Economic Research (ISSER), says the Ministry of Finance would have to come up with ways of ensuring economic growth within the limited fiscal space.
Speaking i…
Mr Donald Gwira, Corporate Affairs Director at Afriwave Telecom has been recognized as one of the “100 Most Impactful CSR Leaders - Global Listing” at the Global Corporate Social Responsibility Excellence and Leadership Awards.
The rec…
AFB Ghana, a non-bank financial institution, has announced an improvement in its profit before tax for the 2016 financial year, Mr Arnold Parker, Managing Director of the company has said.
Mr Parker said the year was focused on balance …
(Ethiopian Airlines Aviation Academy (EAA), International Civil Aviation Organisation (ICAO) TRAINAIR Plus member and International Air Transport Association (IATA), has graduated 184 aviation professionals at a ceremony held at the Academ…
FBNBank Ghana has rolled out a unique online banking service which provides corporate clients the ability to assign roles to all signatories of a company account to ascertain proper authorization for all online transactions.
This featur…
The Country Director of SEND Ghana, a non-governmental organisation (NGO), Mr George Osei-Bimpeh, has urged the government to conduct an appropriate means test to clearly define those who have to benefit from its free senior high school (S…
It has become imperative to review the Public Records and Archives Administration Act, 1997 (Act 535) to help commercialise some aspects of the operations of the Public Records and Archives Administration Department (PRAAD).
The commer…
President Nana Addo Dankwa Akufo-Addo has called on the board of Unilever Ghana Limited to consider relocating its production units back to Ghana in preparation for the creation of an enabling environment for private businesses to flourish…
To all CEOs, business owners and sales leaders: What if I told you you can outperform your competitors by 18 per cent?
Not only that, what if you could be among the elite 60 - 72 per cent sales organisations whose salespeople always ac…
Africa’s largest airline group, Ethiopian Airlines, will host the International Civil Aviation Organisation (ICAO) Global Aviation Training and TRAINAIR PLUS Symposium from April 11 to April 13 at the seat of the African Union, Addis Ababa…
FirstBanc Financial Services on Wednesday organised a pension business meeting to appreciate their pension clients, provide overview of the economy and expectation of investment terrain in 2017.
The Managing Director, Mr Amenyo Setordzi…
The Ashanti Regional Minister, Mr. Simon Osei Mensah, has urged the Ghana Health Service (GHS) to do more to improve internally-revenue generation performance.
It should come up with strategic plans to increase funds mobilization to…
The Ghana Investment Promotion Centre (GIPC) has asked local and international investors not to be deterred by the present macro-economic conditions which make Ghana look like an unfavourable investment destination.
“It is a new dawn f…
The UT Bank gained 25 per cent to close stock transaction at GH?0.05 per share, whilst Ecobank Transnational Incorporated advanced by 8.3 per cent to close at GHc0.13 per share.
The GCB Bank also rose by 6.5 per cent to close trading at…
Five airlines that fly into Europe have been told they must pay compensation to passengers for delays.
American, Etihad, Emirates, Singapore and Turkish Airlines will have to obey European laws or be taken to court.
All had told the …
Twitter Inc has found a bright spot in Brazil, Latin America's largest economy, even as weak advertising sales across the globe have punished the social network's stock in recent weeks.
Advertising revenue rose about 30 percent in Brazi…
All firms engaged in business are exposed to risk in one way or the other. For instance, a firm may be concerned about the effects of expenses and sales for which it has contractual commitments.
A firm may be exposed to all, or some of…
Barclays has reported a jump in annual profits after making "strong progress" in restructuring.
The bank reported a profit before tax of £3.2bn for 2016, up from £1.1bn the year before.
Its reorganisation has included the sale of its…
Telkom SA SOC Ltd. is considering a bid of as much as $1 billion for South African wireless operator Cell C Pty Ltd., which has missed debt payments and is trying to complete a recapitalization, according to three people familiar with matt…
Jumia Travel Ghana, one of the subsidiaries of Jumia Ghana, on Wednesday unveiled its flights services in Accra.
The Flight services would boost Jumia Travel Ghana services’ reach.
Speaking at the launch Madam Claire Staal, the Manag…
The Chairman of the Board of Directors of Unilever Ghana Ltd., Mr. Edward Effah, has congratulated the President of the Republic, Nana Addo Dankwa Akufo-Addo, on his assumption of office as President, and has pledged the support of Unileve…
A European Commission (EC) ruling last summer found that Apple Inc. (AAPL) owed the European Union (EU) €13 billion (about $14 billion) in back taxes for the years between 2004 and 2014. On Monday, Apple filed its appeal of the ruling with…
One of the most unsettling aspects of retirement is that you give up a lot of control in life. You no longer have a job with a paycheck and occasional raises and promotions, and you also lose the social network at work and maybe the respon…
President Nana Addo Dankwa-Akufo-Addo on Tuesday gave the assurance that Ghanaians would soon enjoy better social, economic and political times ahead, despite the present economic challenges of the country.
He said the convincing chang…
President Nana Addo Dankwa Akufo- Addo, on Tuesday rallied his countrymen to throw their weight behind his good efforts and that of government to sail the nation through to higher and better socio economic position.
The nation needs aid…
President Nana Addo Dankwa Akufo-Addo, on Tuesday, said there is no fiscal space left for borrowing to meet the development aspirations of Ghanaians because of the unprecedented high debt stock of the nation.
Any attempt to borrow to m…
The decision by the Ghana Oil Company (GOIL) Limited to establish GO Energy about two years ago to procure and distribute petroleum products to its retail outlets has increased the company’s market share to 23 per cent.
According to GOI…
President Nana Addo Dankwa Akufo-Addo yesterday used his maiden State of the Nation Address to give the clearest indication yet about how he intended to deal with the challenges facing the economy when he declared: “l will not complain but…
Africa World Airlines (AWA) will soon expand its services to the sub-region with additional routes to Abuja, Abidjan, Freetown, Ouagadougou and Dakar, among others.
Speaking at the launch of AWA’s fifth aircraft in Accra the founder of …
The UK economy grew by more than previously reported in the final three months of 2016, according to the latest official estimate.
Gross Domestic Product (GDP) increased by 0.7%, up from 0.6%, according to the Office for National Statis…
About 6,000 rural women in eight districts in Ghana are to benefit from “women empowerment and rights project” to help reduce unpaid care work and to improve economic self-reliance of rural women.
The project is also to help improve wo…
President Nana Addo Dankwa Akufo-Addo has expressed his government’s resolve to make the agricultural sector attractive to encourage the youth to go into farming.
In line with that objective, he said a national campaign, dubbed: “Plant…
The total number of mobile voice subscriptions in the country increased from 35.0 million as of the end of 2015 to 38.3 million by the end of December 2016. This represents a percentage rise of 9.42 per cent and brings the total penetratio…
The British Council Ghana (BCG), a United Kingdom international organisation for educational opportunities and cultural relations, has launched an initiative aimed at boosting the capacity of small and medium-sized enterprises (SMEs) in su…
The second in the series of the Ghana CEO’s Summit will be launched on Wednesday, February 22, at the Kempinski Gold Coast Hotel in Accra.
The move forms part of efforts by the organisers of the event to create greater awareness of the …
The use of e-Zwich, the biometric smart card, continues to grow exponentially as measures put in place to drive usage bear fruits. The volume of transactions recorded 138.3 per cent growth in 2016 over the performance in 2015, according to…
The Industrial and Commercial Workers Union (ICU), has given thumbs-up for Government’s commitment to reduce corporate taxes to relieve the burden on business and industries.
“ICU is however waiting patiently for government to implement…
Thousands of happy customers on the Vodafone network have heaped praises on the telecommunications company for surprising and appreciating them during Valentine’s Day.
Lucky subscribers of Vodafone Red received bouquets and chocolates i…
Some Civil Society Organisations (CSOs) have asked the government to prioritise education in the allocation of oil revenues rather than seeking to use proceeds of the Heritage Fund to finance its landmark policy on education, the free Seni…
Crystal Capital and Investments Limited (CCI), an investment banking firm, has announced the launch of two new mutual funds. The two funds: "Crystal Entrepreneur Fund (EFund) and Crystal Wealth Fund (W-Fund)" would be officially launched…
Mantrac Ghana Limited has announced the graduation of the first batch of eight students for the Caterpillar Technicians for Africa Project- Ghana Edition. A statement issued by Mantrac Ghana and copied to the Ghana News Agency on Monday sa…
Delta Capital Limited, an investment banking firm based in Accra is penetrating the financial market with financial solutions to individuals and corporate bodies. Delta capital, which has distinguished itself by offering bespoke financial …
Mr Martyn Mensah, CEO of the UT Group has stated that Ghana is uniquely placed to leapfrog our peers in the lower middle income category and experience a 10 times multiplier in our development “if only we would nurture, incentivize and rew…
The first phase of the off dock Container Terminal being constructed by Ibistek Limited in partnership with the Ghana Port and Harbour Authority (GPHA) would start receiving cargo and containers by the end of March.
The 350 million- do…
Mr Emmanuel Kofi Nti, a Tax Policy Advisor, is the new Commissioner-General of the Ghana Revenue Authority (GRA). He took up the role on Friday after Mr George Blankson, the former Commissioner-General handed the baton of leadership to him…
Pastor Stephen Akwasi Opuni, the Regional Network Manager of the Tianshi Group of Ghana, has urged businessmen and women in Bawku, in the Upper East Region, to adopt strategic selling methods to sell their products.
That, he said would…
German finance minister Wolfgang Schaeuble has said the institutions in charge of Greece's bailout have reached a "common position" on how to proceed.
His comments appear to indicate that deadlock between the EU and the International Mo…
Ghana and Morocco have deepened trade and economic ties and both countries have signed more than 20 Memoranda of Understanding (MoU) to form partnerships and explore trade opportunities.
The agreements were signed between businesses in …
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