Tullow Oil plc (Tullow) has announced it will start a multi-year, multi-well drilling campaign offshore in Ghana with the commencement of drilling of the first well at the Jubilee Field.
As previously announced, the company said in a st…
President Nana Addo Dankwa Akufo-Addo has granted approval to zero the Price Stabilisation and Recovery Levies on petrol, diesel and Liquefied Petroleum Gas (LPG) for two months.
The approval follows advice from the National Petroleum A…
Enterprise Life launched its Boafo Pa product, a savings product with an inbuilt cover targeted mainly at the informal sector, at Kejetia, in the Ashanti Region, with a float and the commissioning of a new outlet within the market.
Bo…
Today at their annual meeting, Commonwealth Central Bank Governors explored ‘Financial Technology for Economic Recovery’ and particularly the use of Central Bank Digital Currencies, a new technology that could give the most vulnerable in s…
The Board of Scancom PLC is pleased to announce the appointment of Mrs. Antoinette Kwofie as Chief Finance Officer (CFO) of Scancom PLC (MTN Ghana) effective October 1, 2021.
Antoinette was CFO of Absa Bank, a position which she held fo…
Despite widespread decline felt by most economies across the globe, private equity fundraising in Africa has already managed to reach US$1.3bn for the first half of 2021, when including final and interim closes. Mirroring the gradual stabi…
The impact of the pandemic on global supply chains has prompted governments around the world to look at ways to fix the broken links. In Africa, the launch of African Continental Free Trade Area (AfCFTA), has provided the continent with ne…
Africa currently sits on the cusp of a transition into a new energy paradigm, one in which technological and commercial innovations are delivering increasingly decentralised power to the people of the continent in new ways.
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Telecommunication giant, Vodafone Ghana, has equipped 150 locally owned Small and Medium-sized Enterprises (SMEs) with digital skills on customer service delivery. The training forms part of efforts to mark international customer care week…
The Chief Executive Officer of Think Mahogany Events, Debra-Jane Nelson has won the Best Event Management and Planning Award at the just ended 40 under Forty Achievers Awards at the Kempinski Gold Coast Hotel in Accra.
40 under Forty is…
Mr Francis Ennor, the Upper East Regional Director, Department of Agriculture, has urged farmers to always undertake market surveys to determine demand for products before venturing into production.
That, he said, would enable them to h…
Romeo Richlove Kweku Seshie, Chief Executive Officer of Quick Credit and Investment Micro-Credit Limited, has won the Banking and Finance category at this year’s Forty under 40 awards.
This will be the second time he has picked up the b…
In a bid to improve petroleum products trade between Ghana and Burkina Faso, the National Petroleum Authority (NPA) is reviewing the export and transit arrangements with Societe Nationale Burkinabe d’Hydrocarbures (SONABHY).
SONABHY is …
Some women-led small scale businesses have been educated on their economic rights and responsibilities.
The women were also made aware of the emerging "Social Enterprise" model which uses business strategies to solve societal problems.
…
AirtelTigo Ghana has launched a consumer recharge and point-based promotion.
The promotion dubbed: "To Gu Me So" which literally means "shower it on me" is aimed at rewarding AirtelTigo customers with over GHC1million in cash.
In add…
The West Africa Mills Company One(WAMCO 1) says it has chalked some significant strides in four years after its resuscitation by the Akuffo-Addo led government.
The company said since its re-activation begun in 2017, it had shipped abou…
The Ghana Tuna Association (GTA) has called on the government to use the implementation of the Africa Continental Free Trade Area (AfCFTA) to create a market for tuna in the landlocked countries.
AfCFTA, which has its headquarters in Gh…
The World Bank has revised Ghana’s growth to 4.9 per cent for 2021, from the earlier forecast of 1.4 per cent of Gross Domestic Product, its latest October 2021 Africa Pulse report has indicated.
It is also forecasting a 5.5 per cent e…
Plans are far advanced by Ghacem to build a third factory to be situated in Kumasi, Managing Director of Ghacem, Mr Stefano Gallini has disclosed.
Speaking at an event to donate 13,600 bags of cement under the Ghacem Cement Foundation t…
The Public interest and Accountability Committee (PIAC) says the District Assembly Common Fund (DACF) has not received any disbursement in the first half of 2021.
The Committee said an amount of GH¢129.26 million, representing five per …
Mrs Deborah Muwusi Agyemfra, Deputy Director-General in charge of Legals at the Securities and Exchange Commission (SEC), has explained that institutions, whose funds were locked-up in the financial sector cleanup exercise would receive 50…
Madam Angela Mensah-Poku, Director of Commercial Operations and Digital Transformation, Vodafone Ghana, has assured customers of the telecommunication network that they have received topmost consideration regarding all service packages by …
Mr Razak Kojo Opoku, a member of the New Patriotic Party (NPP) has said financing is considered as the main oxygen and lifeblood of any project, business or policy implementation.
He said ideas without sustainable financing was me…
The Ghana Bankers Association has called for increased education on ATM or Card fraud in the country.
The 2020 fraud report from the Central Bank revealed that among other things, ATM or Card fraud accounted for 6.3 per cent of the tota…
Some Ghanaian customers of Chinese mobile-phone brands will not heed to the warning from the Lithuania's Defence Ministry to throw away their phones and even avoid buying new ones.
The warning came after the Baltic nation's Cyber Secur…
The Parliamentary Select Committee on Food, Agriculture and Cocoa Affairs has commended the Savannah Zone Agricultural Productivity Improvement Project and the Savannah Investment Programme (SAPIP/SIP) for helping to boost food production …
After reaching new all-time highs over a year ago, gold is bound to climb back to its peak soon, said Bloomberg Intelligence in its October price outlook.
“It’s only been about a year since gold’s last peak, and we believe it should be …
Burkina Faso could drastically increase the use of renewable energy in its power mix by developing battery storage solutions through public private partnerships, according to a roadmap supported by IFC.
The roadmap was produced by Burki…
MTN Ghana Pulse in partnership with Ahaspora Professionals Network hosted over 500 young entrepreneurs at the second edition of ‘MTN Pulse Just Be Series’.
The event themed ‘The Chase - Living your Passion’ targeted young entrepreneurs…
The Social Security and National Insurance Trust (SSNIT) has commenced offering Saturday services for its members and clients in some selected branches in three regions across the country.
The selected branches, nine in all, are located…
Mining companies have asked for time to study the Bank of Ghana’s (BoG) gold purchase programme that will, for the first time in their history, pay cedis for the gold they produce.
An international commodity, gold is generally sold in t…
Access Bank has unveiled its Business Protection Insurance offering to provide protection against fire, flood, burglary and personal accidents, for Small and Medium Scale Enterprises (SMEs).
The Business Protection Insurance is the newe…
The Minister of Food and Agriculture (MoFA), Dr Owusu Afriyie Akoto says Ghana is on the cusp of a major production in maize.
“From the eight regions we have visited so far, my observation is that this time we are on the verge of a bump…
The Chief Executive Officer of the Ghana Shippers Authority (GSA), Ms Benonita Bismarck has said that engagements are ongoing among stakeholders to review the entire process of administration and handling of uncleared cargoes at the countr…
Mr Francis Boadu, Head of Department (HoD) in charge of Broker Dealers and Advisors at the Securities and Exchange Commission (SEC) has advised investors not to put money into an investment they did not fully understand.
He said if th…
The Reconstituted Board of Directors of the Ghana Ports and Harbours Authority (GPHA) has paid a working visit to the Tema Ports and GPHA head office to acquaint themselves with its operations.
The Board led by its Chairman, Mr Isaac Os…
The Customs Division of the Ghana Revenue Authority (GRA) has reminded the public that using uncustomed vehicles was illegal and called for due diligence before purchasing such vehicles.
An uncustomed vehicle is one that has not gone…
The Government of Niger is ready to host Africa's Summit on Industrialization and Economic Diversification, scheduled for Niamey, Niger, from November 19th to the 24th.
It would serve as another opportunity for the African continent to …
Tema, Oct. 6, GNA-Mr Kofi Akpaloo, Presidential Candidate for the Liberal Party of Ghana (LPG) in the 2020 Elections on Wednesday called on insurance companies to do proper risk assessment of drivers before charging for vehicle insurance c…
The Importers and Exporters Association of Ghana has called on the Ghana Shippers Authority (GSA) to recognize the contributions of key stakeholders in its annual Ghana Shippers Awards.
Mr Samson Asaki Awingobit, Executive Secretary of …
The Ghana Civil Aviation Authority (GCAA), is seeking $10 million to enable to complete an office complex to house the Air Navigation Services Agency (ANS) and its new navigation equipment.
The multi-million project stalled after the co…
MTN Ghana has won three prestigious awards at the maiden edition of the “Instinct Women Awards’ held in Accra on Friday October 1st 2021.
MTN received awards in the following categories
• Excellence in Promoting & Developing Women Lea…
Mrs Cynthia Kwarteng Tufuor, Tema Area Manager, SIC Insurance PLC has disclosed that the Insurance Act made it mandatory for all commercial property to be insured against fire since such fires come with allied perils and public liability c…
The Board Chairman of the Ghana Ports and Harbours Authority, Mr. Isaac Osei, has stated that Ghana’s Ports are well-positioned not only to be the gateway to trade in the subregion but also as transit points for landlocked countries.
Th…
Projections from the National Petroleum Authority (NPA) suggests that fuel prices in the country may surge close to GH¢ 6.86 per litre at the pumps if all other factors influencing pricing do not change.
According to Abass Ibrahim Tasun…
The Managing Director of Zeepay, Mr. Andrews Takyi-Appiah, has said that the introduction of electronic cedi (e-cedi) by the Bank of Ghana will help to further boost the country’s capital market.
He said the e-cedi would introduce digit…
President Nana Addo Dankwa Akufo-Addo has commissioned a GH¢6.2 million shoe manufacturing company operating under the government’s 1-District-1-Factory initiative.
Shoe Fabriek Limited is capable of producing 800 pairs of shoes per day…
Access Bank and Coronation Insurance have unveiled a Business Protection Insurance Policy to safeguard Small and Medium Scale Enterprises (SMEs) against fire, flood, burglary and personal accidents.
Mr Adedayo Arowojolu, the Managing Di…
The Government and the Ghana Union of Traders Association (GUTA) are awaiting a response from a consultative meeting between the Nigeria Union of Traders, Ghana (NUTAG) and the Nigerian Government over recent trade disagreements.
GUTA a…
Mr Ken Ofori-Atta, the Minister of Finance, has charged the newly-inaugurated board of Financial Intelligence Centre (FIC) to sustain the gains in fighting financial crimes in the country.
He assured the Board of government's commit…
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