Market Summary
The benchmark index moderated by 1.67 points (-0.08%) to commence the week at 2,158.85 with a -4.36% year-to-date return as a result of downward price movements in two banking counters while market capitalization stayed…
Amid global uncertainty, country’s membership is key part of accessing international private investment capital
The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, is pleased to announce that the Feder…
Amid global uncertainty, country’s membership is key part of accessing international private investment capital
The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, is pleased to announce that the Feder…
MTN Group releases 2019 integrated, sustainability and tax reports highlighting the significant positive impact it has on economies and the societies it serves
MTN Group today published its Group Integrated, Sustainability and Tax Repor…
Asia now accounts for more than half of the global internet users. Data gathered by Learnbonds.com indicates that during the first quarter of 2020, the continent accounted for 2.3 billion users representing about 50.3% of the global user…
Most economic analysts and energy asset operators now agree that 2020 could see negative demand growth for oil globally
The African Energy Chamber takes security threats in Africa extremely seriously and such risks should not …
Amidst this time of crises and the restrictions put on travel and mobility, we have attorneys on the ground that can assist your company with its tailored legal needs
The CenturionPlus team (https://CenturionLG.com) and our on-demand la…
African Development Bank approves $2 million emergency assistance for WHO-led measures to curb COVID-19 in Africa
The grant will be used by the world body to equip Regional Member Countries to prevent, rapidly detect, investigate, conta…
African governments and the judiciary must protect workers and oil companies from ill-intent legal actions due to COVID-19
African energy companies and services companies operating onshore and offshore need to be given protection from u…
IFC, a member of the World Bank Group, today announced a $2.5 million investment in New Crystal to support the expansion of the private healthcare group, which provides high-quality medical services to lower-middle-income and low-income pa…
Western Union Continues to Expand Digital Services and Account Payout During COVID-19 Pandemic; Now in 75 Countries with Payout in 200 Countries Globally
Western Union (NYSE: WU), a leader in cross-border and cross-currency money moveme…
Mobile Money Industry Processed US$2 Billion in Transactions Per Day in 2019
The GSMA today unveiled the annual ‘State of the Industry Report on Mobile Money’, offering a view of the mobile money landscape and highlighting the impact th…
Stock markets around the world suffered historic losses in the first three months of the year amid a massive sell-off tied to the coronavirus.
The Dow Jones Industrial Average and London's FTSE 100 saw their biggest quarterly drops sinc…
For most people, the process of preparing for any facet of life is a difficult hurdle to cross.
Be it career choices, planning finances or making healthy choices, the key thing is to prepare for it and work hard to achieve it.
For …
You've only got to look up to see there's still a fair amount of activity in the air, despite all the airline cutbacks. Why is that?
Surprisingly, a number of global airlines are still running passenger flights, including British Airway…
Pressure is building on Amazon and other delivery firms to improve protections for workers worried about getting infected with coronavirus.
Some US workers at Amazon and US food delivery firm Instacart are threatening strikes, and have …
The Association of Ghana Industries (AGI) on Monday commended government's efforts at making available a minimum of one billion Ghana cedis to alleviate the impact of COVID-19 on businesses as the partial lockdown takes effect on March 30.…
A colourful change of command has taken place at the Tema Port security office ,where Head of Security, Colonel Joseph Malik Punamane, has handed over to a new security Chief, Colonel William Kwabiah.
Col. JM Punamane is now destined …
Medical drone delivery giant, Zipline, has donated several items to communities and health centres within their catchment areas to help the fight against the coronavirus (COVID-19) pandemic.
The items included: veronica buckets, deterge…
The Ghana Union of Traders' Associations on Monday commended the Republic Bank for the six-month loan repayment deferment for its customers and staff in response to the COVID-19.
A statement signed by Mr Alpha Shuban, the Union Secretar…
Advans Ghana Savings and Loans has announced that it will grant some grace period for loan clients in a bid to assist businesses against the impact of the COVID-19 pandemic.
However, the offer will be specifically adapted to each clie…
The $100 million earmarked for the fight against COVID-19, announced by President Nana Addo Dankwa Akufo-Addo, has been secured and available to be disbursed, Finance Minister Ken Ofori-Atta told Parliament on Monday.
He said the outb…
Weekly Highlights
Producer Price Inflation dropped to 11.8 percent in February
Yield on short-dated treasury securities trimmed.
GSE ended bearish on selling pressures.
Ghana cedi recorded another round of weekly depreciatio…
Market Summary
The benchmark index moderated by 1.67 points (-0.08%) to commence the week at 2,158.85 with a -4.36% year-to-date return as a result of downward price movements in two banking counters while market capitalization stayed…
Open communication between all organizations involved in African energy helps combat misinformation and promotes safety during the Covid-19 crisis
AOP (www.AfricaOilAndPower.com) is making its platform available for governments and comp…
Jaguar and Land Rover thank all those around the world involved in the fight against coronavirus
Jaguar Land Rover South Africa makes 11 vehicles available to Red Cross efforts
57 vehicles including 27 New Defenders from the pr…
Weathering the Stock Market Storms (Part 2)
The term "bear market" is derived from the downward, painful, and vicious decline reminiscent of the swipe made by an attacking bear. In contrast a ‘’bull market’’ depicts how a bull thrusts i…
GCB Bank Ltd has responded to the coronavirus (COVID-19) restrictions imposed in Greater Accra and parts of Kumasi by the state.
The reaction of the Bank is aimed at protecting staff, customers, members of the public and Ghanaians in ge…
* Chief Data Officer Ali Shahkarami will align global data initiatives, tools and investments and further drive AGCS’s data and analytics strategy
* With this newly created role Allianz Global Corporate & Specialty (AGCS) aims to cre…
Angola, Senegal, Cameroon, Ghana and Nigeria among the most hard hit amid Covid-19 and oil price plunge
The African Energy Chamber analyses the most vulnerable African countries amid the Covid-19 pandemic and low oil price
An…
American Airlines has confirmed it will seek $12bn (£9.7bn) of financial support from the US government because of the impact of coronavirus.
Employees were told in an email this "would allow us to fly through even the worst of potentia…
The financial impact of coronavirus will stop almost 24 million people from escaping poverty in East Asia and the Pacific, according to the World Bank.
It says “significant economic pain seems unavoidable in all countries”.
The World…
Finance Minister Ken Ofori-Atta says the impact of the ravaging coronavirus pandemic on Ghana’s economy looks grim, however bold measures must be taken for desired mitigation.
While updating Parliament Monday on the potential economic i…
Continuing pictures of empty shelves at UK supermarkets have sparked ongoing worries about food shortages.
The supermarkets are confident that they can cope, not least because there is a limit to how much people can sensibly stockpile. …
As the coronavirus pandemic rages on, many retailers are seeing trade collapse, but others are overwhelmed by demand.
"We're as busy as at Christmas time," says the owner of an online coffee business, "we're selling double."
An out…
Parliament has approved a total of €55.024 million credit facility agreement between the Government of Ghana and the Deutsche Bank to finance the development of Phase- Two of the University of Environment and Sustainable Development (UESD)…
Parliament on Saturday received a request from the Government of Ghana (GoG) to approve an agreement with the World Bank for an amount of $35 million to support Government's operations in dealing with the coronavirus.
The proposed agree…
Stock Market Highlights
•Stocks declined for the third straight week, down 0.85% due to losses in seven counters in the banking and petroleum marketing sectors to close at 2,160.52 with a -4.28% year-to-date return. Market capitalizatio…
The Chief of Staff at the Office of the President, Frema Akosua Osei Opare has commended the United Bank for Africa for donating a total amount of US$350,000 (GHS1,925,000) to the Government of Ghana support the fight against the novel Cor…
COVID-19: Looming crisis in developing countries threatens to devastate economies and ramp up inequality
The growing COVID-19 crisis threatens to disproportionately hit developing countries, not only as a health crisis in the short term…
The decision was adopted during a meeting on March 19th, 2020
The Board of Directors of the Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea has selected and revealed the key companies shortlisted for the execution of its l…
MePlaylistTM “a 100% African Start-Up for Music Streaming and Promotion” attracts Investment from Mathew Knowles and other Global Investors
The company which was founded by Olakunle Oladehin, a seasoned entertainment industry insider, i…
From USA to France and From UK to Mexico, Bacardi Diverts Global Production to Increase Hand Sanitizer Supply for Local Communities
Brands across company’s portfolio including BACARDÍ®, MARTINI®, GREY GOOSE®, BOMBAY SAPPHIRE®, DEWAR’S® …
Hytera’s intelligent manufacturing center in Shenzhen has enabled it to maintain production despite the disruption caused by the COVID-19 pandemic. The flexibility built into the center has also allowed Hytera to manufacture disposable fac…
Emirates ground crews around the world have bid farewell to their last operating flights back to Dubai. EK 005 to London Heathrow, which departed at 1605hrs on 24 March was the last flight to take off from Dubai. EK 262 from Sao Paulo, whi…
A group of 38 MPs has written to Chancellor Rishi Sunak urging him to take steps to support airlines during the coronavirus pandemic.
Aviation bosses have been lobbying the government for a targeted aid package to stop firms going under…
The price of oil has sunk to levels not seen since 2002 as demand for crude collapses amid the coronavirus pandemic.
Brent crude fell to $22.58 a barrel at one point on Monday, its lowest level since November 2002.
Meanwhile the pric…
The future price of orange juice has spiked by more than 20% this month as consumers look for healthy products during the coronavirus pandemic.
While demand has risen, supply has been hit as producers struggle to export goods due to tra…
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