Stakeholders in the exports business have upgraded their knowledge in the African Growth Opportunity Act (AGOA) trade agreement to give them a broad understanding in the trade initiative so they can take full advantage of the opportunities…
The Monetary Policy Committee (MPC) of the Bank of Ghana maintained its prime rate despite a potential drop forecast by economists.
The policy rate which stood at 25.5 percent in November last year after a 50bps reduction, remains s…
The Ghana Agricultural Insurance Pool (GAIP) is introducing a livestock insurance scheme to cushion farmers in the event of losses on their animals.
With effect tomorrow the pilot stage of the programme is expected to be rolled-out…
The Standard Chartered Bank has appointed Mrs Mansa Nettey, subject to regulatory approval as its first female Chief Executive Officer in the Bank’s 120-year presence in Ghana effective March 1, 2017.
Mrs Nettey takes over from Mr Kweku…
The Corporate Banking Department of the Agricultural Development Bank (adb) has donated items worth Fifteen Thousand Ghana Cedis (GHc15,000.00) to the Potters Village in the Greater Accra and the Akropong School for the Blind in the Easter…
Mr Musah Seidu, Executive Director of the Community Development and Advocacy Centre (CODAC) on Tuesday urged the business community in Bawku to honour their tax obligations to the government.
He indicated that taxes such as property rat…
Large sea cargo vessels have started using the bulk ore terminal at the Takoradi Port in the Western Region, following the deepening of the wharf, otherwise known as the quay wall.
The terminal was opened to maritime traffic after t…
Ethiopian Airlines, the largest and fastest growing African airline, announced it will introduce a Platinum tier level in its frequent flyer loyalty programme, ShebaMiles, as of January 2017.
The Platinum tier level offers extra benefit…
Mr Mark Badu-Aboagye, the Chief Executive Officer (CEO) of the Ghana National Chamber of Commerce (GNCC), says Ghana is yet to fully utilise the African Growth Opportunity Act (AGOA) trade agreement.
This, he said was due to limited und…
The Foreign Direct Investment (FDI) results recorded during the second quarter saw a considerable improvement on the levels recorded in the first quarter of 2016 and the corresponding quarter of 2015. In the second quarter of 2016, the Gha…
The Chief Executive of Officer (CEO), of Pamplo Ghana Limited, Mr Kenneth Okine, has promised to replicate his bamboo processing factory across the regional capitals in the country.
For that to be successful, he said the new government …
Royal Dutch Shell profits last year were held back by the cost of its record-breaking purchase of BG Group, and a lacklustre performance from its oil and gas trading arm.
Shell, the UK's biggest oil company, saw 2016 profits fall from $…
The Chief Executive Officer of the Focus 1 media group, Kwame Adu Mante, has devolved his held interest and shares in Radio Maxx into a new challenge in the banking and finance sector of the country.
Adu Mante has started what he says i…
Energy think tank Africa Centre for Energy Policy (ACEP) has questioned the payment of the Tema Oil Refinery (TOR) debt recovery levy, especially when revenue generated since its inception was enough to clear the existing debt.
Accordi…
A US court has ordered Facebook and other defendants to pay $500m (£395m) after finding they unlawfully used a firm's virtual reality technology.
The jury found Oculus, which Facebook bought in 2014, used computer code belonging to vide…
Members of the Peasant Farmers Association of Ghana (PFAG) have maintained that the Plant Breeders Bill (PBB) in its current form is inimical to the development of agriculture in the country.
They said the bill did not recognise the rig…
A policy to encourage Ghanaians living abroad to return home to invest in the economy will soon be rolled out by the government, the Minister designate for Business Development, Mr Ibrahim Mohammed Awal, has hinted.
He gave the indicati…
The Securities and Exchange Commission (SEC) has suspended the licenses of Met Capital Group Limited and Mec-Ellis Investments Limited – both investment advisors- for breaching some provisions of the Securities Industries Law.
“The Comm…
Ghana’s entrepreneurship ecosystem received a major boost with the start of the “Growing Business Together” (GBT), a Dutch funded programme geared towards helping start-ups and Small and Medium Enterprises (SMEs) scale up their businesses.…
The Minister for Local Government and Rural Development, Hajia Alima Mahama, has promised to take steps to ensure that the District Development Fund (DDF) which was established to grant district assemblies with additional funds becomes op…
The Shama Community Co-operative Credit Union Limited (SHACCU) last year recorded an impressive fiscal performance by raising its capital adequacy ratio to 17 per cent beyond their targeted 15 per cent.
Mr Kwaku Nyarko Addo, Chief…
Professor Akwasi Asabere, the Principal of the Methodist University College - Ghana (MUCG), has appealed to government to expedite action on the establishment of a National Research Fund to support researchers in public and private univers…
Total Petroleum Ghana limited has rewarded 13 lucky winners at the grand draw of the just ended ‘Total Wo Adze Oye’ promo which kicked off in November 2016.
The promotion was organised to reward customers for their unwavering loyalty an…
The GCB Bank registered optimistic progression at the Ghana Stock Exchange (GSE) as it gained 0.3 per cent to close at GH?3.98 per share and Ecobank Ghana moved up 0.4 per cent to close at GH?6.90 per share.
Trading ended with price mov…
Germany's BMW (BMWG.DE) will stick to its investment plans for Mexico and the United States despite warnings from President Donald Trump to impose border taxes on cars imported into the United States, the luxury carmaker's CEO said.
"We…
The ending of European Union roaming charges for people using mobile phones abroad moved closer after a provisional deal in the European Parliament.
The plan to cap wholesale charges that telecoms operators pay each other is the final p…
A war on wheels has been raging in London since Uber started operating there four years ago. Traditional black cab drivers have been up in arms about the new high-tech disruptor.
Uber has accused London’s Mayor of siding with the b…
A Former Chief Executive Officer (CEO) of the Ghana Investment Promotion Centre (GIPC), Mr Robert Ahomka- Lindsay, has said the industrialisation agenda by the new government presents enormous investments opportunities for the private se…
Microsoft Ghana has announced it will give eligible non-profit and non-governmental organisations in Ghana access to Microsoft Azure, the Company’s enterprise-grade cloud computing platform, as part of its ‘Modern Non-Profit Campaign”.
…
Mr Nelson Sulemana Nyadia, a Senior Grant Officer at the Skills Development Fund (SDF), has said Small and Medium Enterprises had huge potentials to propel Ghana’s economy to appreciable height if effectively supported.
He said the tr…
African leaders wrapped up their summit in Addis Ababa, Ethiopia, yesterday, with President Nana Addo Dankwa Akufo-Addo urging them to ensure that the decisions taken at the summit were implemented to give more meaning to the values of uni…
Mantrac Ghana Limited the sole authorized dealer for Caterpillar products in Ghana last week had the privilege of hosting one of the Group Presidents of Caterpillar, Denis C. Johnson. Denise is responsible for Resources Industries, which …
Apple has reported its first rise in sales in nine months after strong Christmas sales of the iPhone 7.
The tech giant reported net sales of $78.4bn (£62.3bn) for the last three months of 2016, up 3% on last year, and marking its strong…
Fifty widows at Kazigu –Buru in the Kassena-Nankana West District in the Upper East Region have been economically empowered through the Village Savings and Loan Association (VSLA) intervention introduced in the area by the Catholic Re…
The non-performing loans (NPLs) ratio – a measure of loans facing various risks of default – moderated to 17.4 per cent in December, last year, after reaching a six-year high of 19.3 per cent in May, the same year.
This means that out …
Businessman, Kalaya Gortor, has been adjudged the ultimate winner of the Vodafone “Yee Twi Kor Reloaded” promotion.
For gathering the most points during the promotion, he took home Ghc 150,000. Gortor was part of the first monthly prize…
Can what you eat change the bacteria in your gut for the better? Dr Michael Mosley has been finding out which foods and drinks can make the most difference.
The gut microbiome - the diverse community of bacteria that inhabits our intest…
Mr Ken Ofori-Atta yesterday stepped into office as the Minister of Finance, with a firm pledge to help create wealth and improve the lives of all Ghanaians.
“We will create wealth and improve people’s lives by ensuring economic freedom…
As the UK government hints it could slash tax rates for foreign businesses after Brexit, Paul Moss looks at how the low corporate tax model is working in neighbouring Ireland.
There is something rather cult-like about the Facebook offic…
The general not-too-favourable perception about insurance seems to be taking longer to be minimised than expected. Many persons still feel aggrieved by the way motor insurance claims especially are handled by insurance companies especiall…
Royal Dutch Shell has agreed to sell $3.8bn (£2.46bn) worth of North Sea assets to oil exploration firm Chrysaor as part of continuing debt reduction measures.
Shell is aiming to sell $30bn of assets by 2018 as it seeks to pay off debt …
Anointed Electrical Engineering Services Limited, dealers in FG Wilson and Yorpower generators from the United Kingdom, has opened its 11th branch in the Volta Regional capital, Ho.
The Ho office is to extend the Company's presence to c…
Mr. Ken Ofori-Atta, Monday assumed office as the Finance Minister, with a pledge to grow Ghana’s economy for the prosperity and well-being of the citizenry.
Mr Ofori-Atta, who brings to the Ministry more than 30 years’ experience in the…
The government has ruled out the possibility of imposing bans on the importation of certain goods that can be produced locally. In the quest to protect local industries, there have been several calls from local manufacturers for the gover…
McDonald's (MCD.N) plans to open more than 50 restaurants in Russia this year and hopes to sign more franchising deals to expand in existing and new regions, the local unit's chief executive said on Tuesday.
The fast-food chain opened 7…
The Vice-President, Dr Mahamadu Bawumia, has hinted that the government may ensure some standardisation in the exchange rate within the ports to ensure uniformity of tariffs.
According to him, although we were in a free market, some lev…
Dr Anthony Akoto Osei, the Minister-designate of Monitoring and Evaluation, says the Akufo Addo Government would want results from ministers to satisfy the “change” Ghanaians voted for.
The nominee pointed out that the performance of th…
The Ghana Oil Company Limited (GOIL) the foremost indigenous oil marketing company, has organised a national sales conference, which aims at formulating marketing strategies to achieve company’s 2017 corporate goals.
The strategies gen…
Eurozone inflation hit a near four-year high in January following an increase in energy prices.
Inflation in the 19-country bloc jumped to 1.8% last month from 1.1% the month before.
Data from Eurostat also showed that the eurozone's…
A former Vice Chancellor of the University of Ghana, Legon, Professor Ernest Aryeetey, has advised the Bank of Ghana to emulate countries such as Sri Lanka and Kenya in the regulation and supervision of microfinance institutions (MFIs) in…
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