Allianz Global Corporate & Specialty SE (AGCS) is strengthening its leadership team to support the company’s ‘pivot to growth’, following its successful remediation program. It is attracting both internal talent as well as high-profile ext…
Barrows (BarrowsHotels.com), the provider of hotel investments and advisory services for hotels in the Middle East, sees huge demand in the market for problem hotels.
We are really taking the cherries out of the cake and earning hard mo…
Boeing [NYSE: BA] and the United Republic of Tanzania today announced an order for a 787-8 Dreamliner, a 767-300 Freighter and two 737 MAX jets at the 2021 Dubai Airshow. The airplanes will be operated by Air Tanzania, the national flag-ca…
A Deputy Minister of Finance, Dr John Kumah, has said that the government’s economic management remains unmatched despite the impact of the COVID-19 pandemic.
He said even in the wake of the pandemic, the government was able to manage t…
Mr Habibu Adams, Senior Economist at the office of the Senior Presidential Advisor, Mr Yaw Osafo Maafo on Monday said that the review of the benchmark value on some 32 items by the Ghana Revenue Authority (GRA) was to help save the country…
Dr Ahmed Alhassan Yakubu, a former Deputy Minister of Food and Agriculture has asked Government to, as a matter of urgency, operationalise the legal framework for biotechnology products in the country to boost commercial production.
Thi…
Credit unions have celebrated the International Credit Union Day to pay tribute to the role that financial cooperatives play in improving the communities they serve and the lives of their members the world over.
In Ghana, this year’s ce…
Royal Dutch Shell has announced a plan to move its headquarters to the UK as part of proposals to simplify the company's structure.
The oil giant will ask shareholders to vote on shifting its tax residence from the Netherlands to the UK…
The South Birim Rural Bank recovered from a loss of GH¢2,276,561 in 2019 to post a net profit of GH¢189,104 in 2020.
During the same period, the bank — with its headquarters at Akyem Achiase in the Eastern Region — granted loans and adv…
The Economic Community of West African States (ECOWAS) is reviewing its Community Levy to ensure adequate collection of resources to finance activities of the Sub regional body Mrs Hajiya Halima Ahmed, ECOWAS Commissioner for Finance, said…
The Importers and Exporters Association of Ghana is threatening to have its members increase the price of the goods they bring into the country if the government goes through with the reversal of the 50% benchmark policy on some 32 product…
Effective Monday, November 15, revised selected items cease to enjoy 30% and 50% discount on benchmark or invoices for vehicle and general goods.
The items include, sugar, noodles, palm oil, roofing sheets, toilet paper, facial tissue a…
Enterprise Group PLC is on course to achieve its five year (2012-2024) strategy, Group CEO, Mr Keli Gadzekpo has said.
He said key aspects of the five year strategy included an expansion into the West African market and the identificati…
A six-week refresher training programme for over 600 Goil Company Limited Bulk Road Vehicle Operators (BRVs) has ended in Accra.
The training programme which was facilitated by Top-Tech Ghana Limited, a Transport and Logistics Managemen…
The National Lottery Authority (NLA) has formed a task force to clamp down on illegal private lotto operators, popularly known as ‘banker to banker.”
The task force, comprising the military, police, and the NLA lotto personnel, have bee…
The US-Ghana Alumni Association in its bid to rebuild, redesign and renew, has organised a virtual Trade Show on the theme “Promoting synergy to project brands in Ghana”.
The aim is to create a platform for its members to showcase their…
CEO of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo has announced that the ongoing rehabilitation of all areas which have been affected by the cocoa swollen shoot virus disease will increase cocoa production to 1.5 million tonnes i…
Ecobank Ghana won three prestigious awards at the 32nd CIMG Annual National Marketing Performance Awards held recently at the Labadi Beach Hotel.This was in addition to being retained as the only bank in the CIMG Hall of Fame category for …
The leading pan-African banking Group, the Ecobank Group, is delighted to be supporting the Intra-African Trade Fair 2021 taking place from November 15-21, 2021, in Durban, KwaZulu-Natal, South Africa. This very important Trade Fair promis…
Small and Medium Scale Entrepreneurs in Sekondi-Takoradi who participated in the CalBank and Focus1 Media SME clinic in Takoradi, have called for more support for SMEs to continue to drive the Ghanaian economy.
The CalBank and Focus1 Me…
The Spare Parts Dealers Association of Ghana has called on the government not to introduce new taxes in the impending 2022 budget.
The Finance Minister, Ken Ofori-Atta, is expected to give present the 2022 Budget Statement and Economic …
In recent times, the concept of Real Estate has become prevalent in Ghana. Kass Towers is an iconic beautiful Airport City luxury apartments and penthouses with panoramic views of the Airport area.
Chief Executive Officer, Mr. Kadir Yad…
INVESTMENT TERM OF THE WEEK
Enterprise Value (EV): Enterprise value (EV) is a measure of a company's total value. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as an…
The Western Union Company (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, and Mastercard, a global technology company in the payments industry, have bolstered their decade-long strategic partnership…
Spotify Technology S.A. (NYSE: SPOT) (the “company”), today announced it has entered into a definitive agreement to acquire Findaway, a global leader in digital audiobook distribution. Terms of the transaction were not disclosed.
Togeth…
Vivo Energy Ghana, the marketer and distributor of Shell branded fuels and lubricants has appointed Kader Maiga as its new Managing Director following Ben Hassan Ouattara’s end of tenure.
Mr. Maiga comes on board with over 20 years’ exp…
The Chief Executive Officer (CEO) of Vodafone Ghana, Patricia Obo-Nai, has tasked policymakers to make fundamental changes to Africa’s macroeconomic environment to position the continent as a preferred investment destination.
According …
AstraZeneca has started to move away from providing its Covid-19 vaccine to countries on a not-for-profit basis.
The drugs giant has signed a series of for-profit agreements for next year, and expects to make a modest income from the va…
On November 17, the Finance Minister, Ken Ofori-Atta, is expected to present the budget statement for the 2022 fiscal year.
Ahead of this presentation, stakeholders are hopeful that issues such as Ghana’s debt sustainability, illicit fi…
Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye is asking the government to adopt pragmatic measures in the 2022 budget to seal all loopholes in Ghana’s tax system to rake in more revenue for development.
…
The Africa Technovate Awards and Fair 2021 has been rescheduled from its initial date, November 26 and 27, 2021 to February 2022.
According to a press statement issued by the event organiser, Africa Integrated Development and Communica…
A new version of the locally made soap, "alata samina", otherwise known as Black Soap has been launched at a ceremony in Senase in the Berekum East Municipality in the Bono Region.
The soap is manufactured with ingredients such as coco…
The Director-General of the State Interest and Governance Authority (SIGA), Mr Stephen Asamoah-Boateng, has asked leaders of state institutions and corporate entities to put in place progressive systems to make their organisations grow and…
The Minister of Information, Mr Kojo Oppong Nkrumah, says the 2022 budget will focus on creating an enabling environment for young entrepreneurs in the country to develop and grow their businesses.
Youth entrepreneurship has become topi…
The leadership of the Akwamu transport unions, namely Ghana Private Road Transport Union (GPRTU), Co-operative Society and Progressive Transport Association (PROTOA) have appealed to the Asuogyaman District Assembly and the Ghana Police Se…
INVESTMENT TERM OF THE WEEK
Enterprise Value (EV): Enterprise value (EV) is a measure of a company's total value. EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as an…
* Total revenue growth of 9.5 percent in 3Q 2021
* 3Q 2021 operating profit increases 11.3 percent to 3.2 billion euros
* 3Q 2021 net income attributable to shareholders up 2.3 percent at 2.1 billion euros
* 9M 2021 …
Finalists to compete for the top prize and could be inducted into the coveted Ecobank Fintech Fellowship to pursue commercial partnerships with the Ecobank Group (www.Ecobank.com), with access to 33 presence markets across Africa; opportun…
The final day of African Energy Week 2021’s conference and exhibition featured a spotlight on South Sudan – sponsored by Trinity Energy – and the critical and lucrative role that the international community can play in building the nation …
Present in Africa for more than 100 years, Allianz, one of the world's leading insurers and asset managers is entering a new phase in its expansion on the continent with the launch of Allianz Technology's activities in Africa.
Indeed, …
Rheinfelden/Berlin. The German Energy Agency (dena) has presented Evonik and the southern Baden energy supplier Energiedienst with the “Energy Efficiency Award 2021” for their joint waste heat project at Evonik’s Rheinfelden production sit…
Absa Group today announced the appointment of Saviour Chibiya as Group Executive: Absa Regional Operations (ARO). Saviour will be responsible, together with RBB and CIB for the Group’s ARO businesses and for the Group’s strategy, collabora…
Africa's premier energy event, African Energy Week, currently taking place in Cape Town featured a panel focused on the role of hydrogen as an energy fuel of the future and the significant potential it has as an alternative energy source f…
Africa Energy Week 2021’s Day 2, held on 10 November at the V&A Waterfront in Cape Town – organized by Energy Capital & Power (www.EnergyCapitalPower.com) – hosted a number of discussions and speeches about the future of Africa’s oil and g…
Africa is in the midst of a fintech transformation. Millions of Africans are now connected to financial services as a result of hundreds of start-ups. However, with the right mix of innovation and partnerships, Africa’s established commerc…
The Ghana Investment Promotion Centre (GIPC), in collaboration with the United Nations Development Programme (UNDP), held its first breakfast meeting on the Sustainable Development Goals (SDGs) Investor Map utilization, with the goal of ch…
A new partnership between IFC and the European Union will support the growth and expansion of start-ups and entrepreneurs in Angola by providing them with improved access to training, markets, and a range of other development services, sup…
Samsung's latest home appliances, mobile phones, TVs, and sound devices are undoubtedly on the top of many Ghanaians wish-list as we enter the festive gift-giving season.
This is why this year's Black Friday specials from Africa's Numb…
In alignment with the company's relentless commitment to promote gender equality and women empowerment, Canon (Canon-CNA.com [3]) will bring together an esteemed panel of women entrepreneurs from the film industry in Middle-East and Afric…
H. H. Sheikh Mohammed bin Rashid Al Maktoum — Vice President and Prime Minister of the United Arab Emirates (UAE) and the Ruler of Dubai — first launched the UAE Centennial Plan 2071 back in 2017, with the express aim of making the UAE one…
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