The Market-Oriented Agriculture Programme (MOAP) has been launched in Wa, with the aim of creating an enabling environment for investment in agriculture infrastructure in the north western part of Ghana.
MOAP which is a 160 million Eur…
Kuwait Airways and Royal Jordanian have become the latest Middle Eastern airlines to let passengers take laptops in the cabin on US-bound flights.
Both carriers said they had worked with US officials to tighten security checks on flight…
Chinese shipping giant Cosco is set to buy its Hong Kong rival OOIL for $6.3bn (£4.9bn).
The deal would make Cosco the world's third biggest shipping company, with more than 400 vessels.
OOIL's majority owner has accepted the bid, th…
PETROSOL, an indigenous Oil Marketing Company (OMC), has once again been honoured by GRAFT Foundation, a medical non-governmental organisation(NGO) engaged in reconstructive plastic surgery in deprived communities, for the company’s contin…
The Minority Leader, Mr Haruna Iddrisu, has requested the Minister of Finance, Mr Ken Ofori-Atta, to address the confusion regarding the implementation of the three per cent Value Added Tax Flat Rate Scheme (VFRS).
He said there had bee…
Bank of Ghana (BoG) has given authorization to GN Bank to introduce mobile money to the public.
The BoG authorization paves the way for the bank to introduce this unique service which combines mobile money with mobile banking.
This w…
The Democratic Republic of Congo (DRC) will experience an average mining industry value growth rate of 9% between 2017 and 2021, according to macroeconomic, industry and financial market analysis firm BMI Research and its DRC Mining Report…
The UMB, a full-service financial institution specialising in customised banking products and services, has launch its 45th anniversary celebration with the assurance to put customers at the forefront of all banking activities.
Mr John …
The Ghana Community Network Services Limited (GCNet) demonstrated its pioneering leadership position in the trade facilitation space when it won the two top most awards at the maiden Ghana Shippers Awards (GSA) held in Accra recently.
G…
Standard Chartered Bank Ghana Limited has launched its maiden Visa Infinite and Visa platinum Credit Cards in Accra.
The Standard Chartered Visa Infinite Credit Card is a premium card that comes with unparalleled benefits including com…
Dr Papa Kwesi Nduom, Founder of the Progressive Peoples Party (PPP), has called on the Government to show more commitment towards supporting the private sector by creating the enabling environment for local businesses to thrive.
The pri…
North Korea’s ICBM keeps the world on edge, crude slumps, and the Fed is divided. Here are some of the things people in markets are talking about.
Go it Alone?
North Korea's successful test launch of an intercontinental ballistic mis…
US employment rose by more than expected last month, but wage growth remained subdued, latest figures show.
The economy added 222,000 jobs in June, the US Department of Labor said, and job creation in April and May was higher than previ…
Leading travel promoters in Ghana and Nigeria, have won the awards for Top 100 Tourism Personalities in West Africa.
Among them are Mrs Uloma Egbuna, the Managing Director and Chief Executive Officer of Tour Brokers International; and M…
The Ghana Ports and Harbours Authority (GPHA) in 2016 recorded a general growth in all aspects of its operations at the Tema and Takoradi Ports. The Ports recorded the growth in vessel traffic, cargo traffic, transit, container traffic, GJ…
The Ghana Union of Traders Association (GUTA) has stated that it fully supports the VAT Flat Rate Scheme (VFRS), which is very good policy that would ensure fairness in the business environment.
According to GUTA, the vast majority of t…
President Nana Addo Dankwa Akufo-Addo, on Thursday, stated that his Government would strive to ensure that Ghana becomes the petroleum hub in the Sub-region.The Government would, therefore, pursue its vision to establish a thriving petroch…
German authorities have arrested an Audi manager in connection with the VW diesel scandal.
This is the first arrest in Germany related to Volkswagen's emissions-test cheating scandal.
Munich prosecutors declined to comment on whether…
The Ghana and the United States Partnership for Growth initiative, have identified unreliable and inadequate supply of electric power and access to affordable credit as binding constraints to Ghana’s private sector development and economic…
The Managing Director (MD) of Benso Oil Palm Plantation (BOPP), Mr Sam Avaala, has urged banks to change their mindset about financing agriculture in the country.
Mr Avaala said their reluctance in extending credit to the sector was not…
The Minister of Finance, Mr Ken Ofori-Atta, says the introduction of the three per cent value added tax (VAT) flat rate by the government will eliminate the potential evasion of taxes in the country and ensure fairness in the tax collectio…
President Nana Addo Dankwa Akufo-Addo, has reiterated the commitment of his government to the exploration and discovery of oil in commercial quantities onshore, specifically in the Voltaian Basin.
According to President Akufo-Addo, 17 y…
A 65 year old Cocoa Farmer, Joseph Enchill has emerged overall winner of MTN M’ahiti promotion. For his prize, he walks away with GHC200,000.00.
In additon to the ulitmate winner, four other monthly winners were also presented with priz…
Qatar Airways is to press on with plans to build a stake of up to 4.75 percent in American Airlines (AAL.O) in the near future, despite the "categorical" opposition of the U.S. company's management, Qatar Chief Executive Akbar al-Baker sai…
National Investment Bank Limited (NIB) has expressed its appreciation to its legal team, customers, suppliers, business partners and all other service providers for the confidence reposed in it during the hearing of the case between the ba…
Access Bank has launched an industry first family savings promotion to give customers an opportunity to save and stand a chance of winning fantastic prizes including a whooping GH¢150,000.00.
The ‘Abusua Aky3de3’ promotion is designed t…
The Forum for Public Sector Registered Pension Schemes has given the Government up to the end of July to resolve outstanding issues regarding the Tier Two Pension Scheme.
Mr Isaac Bampoe Addo, the Chairman of the Forum, at a news confe…
Dr Joseph Nketsia Berchie, a Principal Research Scientist at the Crop Research Institute, has said Ghana would not realise food security if farmers failed to apply the correct amounts of fertilizers on their crops.
He noted that as farm…
The Shipper Community has decried container demurrage charges classifying it as unacceptable and avoidable financial burden on industry players. “The Shippers have decided to begin to scream loud to ignite government and stakeholders’ in…
Volkswagen is recalling 766,000 vehicles of its core passenger car brand worldwide for a software update to their braking control systems, a spokesman said.
The braking control system may not function properly in certain driving conditi…
Brexit should not end open financial markets in Europe, the head of the UK's Financial Conduct Authority has said.
Andrew Bailey said there should be common rules and a mechanism for resolving disputes between UK and EU financial firms …
Passengers on Qatar Airways will be allowed to take laptops and other large electronic devices in the cabin on US flights, the airline has announced.
It becomes the fourth airline this week to announce the electronics ban has been lifte…
British Airways (BA) cabin crew are to stage a further two weeks of strikes, in a long running dispute over pay and benefits.
"Mixed-fleet" cabin crew, who are paid less than longer standing staff, will walk out for 14 days on 19 July, …
Some indigenous banks on life support have accepted merger proposals from net worth institutional investors and are now locked down in series of negotiations that could help break the jinx surrounding mergers and acquisitions in the financ…
The Minister of Transport, Mr Kwaku Ofori Asiamah, has emphasised government’s commitment to introduce reforms that will bring efficiency at the country’s ports.
Some of the reforms, he said included the introduction of a tracking syste…
Corporate Service Executive at MTN Ghana, Cynthia Lumor, has warned that it is fraudulent to buy already registered mobile SIM cards.
She noted that sales agents that are registering SIM cards before selling them are breaking the law, a…
The President of Group Ideal, Dr. Nii Kotei Dzani is now addressed Dr. Dr. Nii Kotei Dzani.This follows an Honorary Doctorate Achievers award conferred on him last weekend at the African Gold Awards held at the Golden Tulip in Kumasi by th…
The International Monetary Fund (IMF) Resident Representative for Ghana, Dr. Natalia Koliadina, on Thursday 15th June, 2017, delivered a lecture on the topic “Regional Economic Outlook for sub-Saharan Africa” at the Graduate Building of th…
Dalex Finance and Leasing Company Ltd. (DALEX), the leading non-bank financial institution in Ghana, has announced a partnership with Shinkaafa Buni Rice Farmers Association (SHINKAAFA BUNI) that will provide credit to over 10,000 Rice far…
Carmaker Volvo has said all new models will have an electric motor from 2019.
The Chinese-owned firm, best known for its emphasis on driver safety, has become the first traditional carmaker to signal the end of the internal combustion e…
The productivity of UK workers has dropped back to pre-financial crisis levels, according to official figures.
Hourly output fell 0.5% in the first three months of the year, the Office for National Statistics (ONS) said.
At the end o…
Succession planning is a deliberate orchestration of an organisation’s staff capacity and capability to meet the human capital needs of the company for the immediate term and continuing into the long term in order to improve or maintain it…
The Chief Executive Officer (CEO) of MTN Ghana, Mr Ebenezer Twum Asante, has underscored the need for companies, especially small and medium enterprises (SMEs), to craft a smart mission statement that ensures their sustainability.
He ex…
Mr Babikir Elsiddig Mohamed Elamin, the Ambassador of Sudan to Ghana, says Ghana and Sudan can do more to increase their bilateral trade levels, which is currently extremely low.
He said while Ghana and Sudan enjoyed good bilateral pol…
Emirates and Turkish Airlines have said the cabin ban on laptops no longer applies on their flights to the US.
In March, the US banned laptops and other large electronic devices to and from eight mostly Muslim nations, fearing bombs may…
The Ghana Standard Authority (GSA) has reminded importers to strictly adhere to label requirements on goods they intend to import into Ghana. Mr Amponsah Bediako, Public Relations Officer for the GSA, said failure to adhere to the labelli…
The Energy Minister, Mr Boakye Agyarko has refuted allegations by the Minority of a cover-up by National Security and the Bureau of National Investigations (BNI) following the report by the state security agencies exonerating the Managing …
The Ministry of Finance wants to reduce the contribution of customs revenue to the nation’s tax revenue from 40 per cent to 20 per cent.
The Head of Tax Policy at the Ministry of Finance (MoF), Mr Anthony Dzadzra, disclosed this in an i…
Vice-President Alhaji Dr Mahamudu Bawumia has stated that the Chinese investment in the Ghanaian economy is not a loan, aid or hand-out.
“We sought to leverage less than five per cent of our bauxite deposits to unlock close to $20 billi…
Improving the financial positions of the airline through recapitalisation has been on government’s agenda for a while as outlined in the February 2017 Budget
Government has decided to transfer funds from the National Revenue Fund to…
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