The Afram Community Bank Limited (ACB) has presented a brand new Hyundai Sonata to Mr Francis Sawle, a customer at the Maame Krobo branch of the bank.
This was after he won the 12-month 'ASEDA PROMO' promotion organized by the bank.
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The Fisheries Commission (FC) has advised the Ghana National Canoe Fishermen Council (GNCFC) to impress upon their members to register their canoes before January 2021.
According to the Commission, no unregistered canoe would be allowed…
Louis Vuitton owner LVMH will use its perfume production lines to start making hand sanitiser to protect people against the coronavirus outbreak.
The luxury goods maker says it wants to help tackle a nationwide shortage of the anti-vira…
The Takoradi Business Advisory Center of the National Board for Small Scale Industries (NBSSI), with support from the Sekondi- Takoradi Metropolitan Assembly (STMA), has built the capacity of 25 clients in the Metropolis.
The beneficiar…
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The US has cut interest rates to almost zero and launched a $700bn stimulus programme in a bid to protect the economy from the effect of coronavirus.
It is part of a co-ordinated action announced on Sunday in the UK, Japan, eurozone, Ca…
The Deputy Minister of Trade and Industry, Mr Robert Ahomka-Lindsay, has said the promotion of local content should be done in the right way to ensure that Ghanaians get the utmost benefits.
He said while trade policies were not again…
Mr Yofi Grant, Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), has said the Centre will incentivize companies that would help the nation achieve the Sustainable Development Goals (SDGs).
He said in the past SDGs…
The Ghana Export Promotion Authority (GEPA) has called for public-private investment in the cultivation of straw to make it readily available to basket weavers to increase production.
Basket weaving is one of the major employment avenue…
Mr Alex Frimpomg, Chief Executive Officer (CEO) of the Ghana Employers Association (GEA) has urged employers to be concerned with the health of their employees by putting in place pragmatic measures to prevent possible infection and spread…
An official of the Ministry of Food and Agriculture (MOFA) has stated that Northern Ghana is the largest producer of groundnuts in the country.
Madam Hawa Musah, Northern Regional Director at (MOFA) who disclosed this on Wednesday state…
The Micro-Finance and Small Loans Center (MASLOC) has this year, disbursed a total amount of GHC6,341,952.50 to business people in the Upper East Region, to enable them expand their businesses.
The beneficiaries of the loans include 6,5…
More than 3,000 individual farmers in the Bawku Municipality have received GH¢ 2.8 million from the BESSFA Rural Bank as loans, to carry out their businesses including preparation for the new cropping season.
The farmers used their f…
Rural and Community banks have been urged to take pragmatic measures to build solid financial base and improve on performance in order to sustain public trust in the rural banking sector.
Mr George Kwaku Annor, Ashanti Regional Manager …
After a successful launch of the Huawei nova 5T at the head office of Huawei Technologies Ghana, many phone enthusiasts and Huawei smartphone customers rushed for the pre-order offer.
In its usual tradition of rewarding customers and e…
Ghanaians have smoothly adjusted to the introduction of the new currency denominations, both notes and coins, introduced by the Bank of Ghana in November 2019.
Even though they had no forewarning and unsurprisingly, public policy …
Parliament has approved a total of GH?41.480 million, being a tax waiver on vehicles to be procured by the Intercity STC Company Limited, Ministry of Regional Re-organisation and Development, the Metro Mass Transit Limited.
The waiver a…
The Ministry of Finance on Wednesday launched the 2017/2018 Ghana Extractive Industries Transparency Initiative (GHEITI) reports on mining, oil and gas in Accra.
The reports were to, among other things, ensure that Ghana's natural resou…
Solidaridad West Africa, a Civil Society Organization (CSO) dedicated to the development and promotion of socially responsible and profitable supply chain, has given a total of GH?6,712,800.00 as loans to smallholder farmers in the Ashanti…
The Ghana Interbank Payment and Settlement Systems (GhIPSS) has advised merchants- super markets, pharmacies, restaurants and hotels, to talk to their bankers to help them set up in order to provide the universal QR code payment services.
…
Chinese airline passenger numbers slumped by 84.5% last month, highlighting the huge economic impact of the coronavirus outbreak.
China's aviation regulator said on Thursday that the drop has caused a 21bn yuan (£2.35bn) fall in re…
Mr Yaw Osafo-Marfo, the Senior Minister, has appealed to companies operating in the Spintex light industrial enclave to urgently rehabilitate the deplorable roads to their operation hubs.
Mr Osafo-Marfo said this on Tuesday when he drov…
The year-on-year inflation rate was unchanged at 7.8 percent in February, the same rate as in January, 2020, the Ghana Statistical Service said on Wednesday.
Mr David Kombat, a Deputy Government Statistician, said at a media briefing th…
Dr Stella Agyenim-Boateng, the Director of Human Resources, Volta River Authority, has said bridging the gender inequality gap at work places does not mean lowering the standards or criteria of selection for women to qualify.
Employing …
Consulting services for feasibility studies to construct a sea port in the Keta Municipality of the Volta Region is expected to begin next month, April 2020, Mr Kwaku Ofori Asiamah, Minister for Transport has announced in Accra.
He said…
Madam Shirley Ayorkor Botchwey, the Minister of Foreign Affairs and Regional Integration, has held a bilateral meeting with Mr Sungsoo Kim, the Ambassador of Korea to Ghana.
A statement issued by the Ministry of Foreign Affairs and Regi…
Companies can potentially face reputational damage or legal liabilities if they fail to appropriately manage environmental, social and governance (ESG) issues.
Allianz Global Corporate & Specialty’s ESG team identified key trends …
SIGNIS-Africa seeks partnership with AFREXIM-Bank to harness the cultural creativity of young people in Africa
The President and Chairman of Board of the African Export –Import Bank, (AFREXIM-Bank), His Excellency, Prof Benedict Oramah,…
Namibia: African Development Bank approves $129.4 million loan to boost economic governance and competitiveness
The Board of Directors of the African Development Bank has approved a $129.4 million (ZAR 2.011 billion) loan to finance the…
For truck driver Joseph Turay, navigating the 120 km Matotoka-Sefadu road in northeastern Sierra Leone used to be a nightmare. On average, he spent between five hours to one day on the road, which was last properly repaired nearly half a c…
UBS CMO Johan Jervoe wins this year's ‘content leadership & innovation award' as the world media awards 2020 shortlist is announced
The World Media Group* has announced the shortlist for the 2020 World Media Awards [1] (WMAs), which sho…
Underneath the panic caused by Coronavirus and the fall out of OPEC+ lies opportunity for African oil producers
Sometimes it is easy to forget how interconnected human lives across the globe have become. Perhaps we no longer talk …
COCOBOD in its quest to reduce drudgery and introduce modern practices in cocoa farming, has out-doored motorized pruners and slashers for weeding and pruning in cocoa farms across the country.
Mr Joseph Boahen Aidoo, Chief Executive of…
The Bank of Ghana (BoG) has extended the deadline of meeting the minimum capital requirement for Payment System Providers (PSP) from June to December, this year, after consultation with relevant stakeholders.
In September 2019, the Cent…
Mr Yaw Osafo-Maafo, Senior Minister, has commissioned a 20 million dollar state of the art factory for De United Foods Industries Limited (Dufil), producers of "Indomie" noodles under the One District One Factory (1D1F).
Mr Osafo-Marfo …
The 2nd Ghana Finance Week (GFW) is slated for May 7 to 9 in Accra and expected to bring together individuals and businesses to dialogue on perspectives that will advance financial services growth.
"The theme for 2020 GFW is: "Accelerat…
The Bank of England has announced an emergency cut in interest rates to shore up the economy amid the coronavirus outbreak.
Policymakers reduced rates from 0.75% to 0.25%, taking borrowing costs back down to the lowest level in history.…
The Vice President Dr Mahamudu Bawumia has announced that Ghana will in a fortnight become the first African country to launch a universal Quick Response (QR) Code in a bid to make the country a cash-lite society.
Currently, some mercha…
Dr Owusu Afriyie Akoto, the Minister of Food and Agriculture, says the implementation of the Government's flagship programme 'Planting for Food and Jobs (PFJ)' has been a tremendous success.
He said the PFJ policy, which was introduced …
The Ministry of Mines and Minerals Development (MMMD) of Zambia has hinted of plans to set up a Minerals Commission similar to that of Ghana to regulate its mineral resources especially its recently found gold reserve.
Mr Barnaby B. Mul…
The 4th Edition of Africa Make-Up & Beauty (AMB) Fair, the continent's largest beauty trade fair, has ended successfully at Event Haven, Trade Fair Centre, Accra.
The three-day fair started on Friday 6th March and ended on Sunday, 8th M…
The Tele-Bere Village Savings and Loans Association (VSLA) in the Bolgatanga East District of the Upper East Region, has empowered over 3,500 women in the area.
Members of the Associations are rural women who contribute money and save w…
The Managing Director of the FBNBank Ghana Limited, Mr Victor Yaw Asante, has called for a broader discussion on how to instill ethics into student and professional bankers in the country.
He advised that the discussion be focused on …
MTN Group has announced an encouraging set of results for the year ended 31 December 2019 and that group president and CEO Rob Shuter would be stepping down from his role at the end of his contract in March 2021.
Commenting on the resul…
Coming on board as the first bank with a mobile money service in Ghana, GCB Bank has cemented its commitment to drive financial inclusion in Ghana by sponsoring the maiden edition of the Mobile Technology for Development Conference (MT4D) …
Berne. A new e-commerce guide for postal operators by the Universal Postal Union (UPU) underscores the immense role of mobile technology in e-commerce growth.
“By adopting the latest mobile technologies customers are voicing their desir…
Recent years have witnessed the rising popularity of crowdfunding, with more and more startup companies and businesses utilizing this alternative method of raising money. According to data gathered by Finanso.se, the global crowdfunding ma…
Weekly Highlights
Government raised GHS1.07 billion from the issuance of a 3-year bond
Interest rates on 91-Day, 182-Day and 364-Day T-Bills upwardly adjusted.
GSE tumbled despite positive corporate actions to stir risk taking.
…