Vodacom invests over USD 150,000 to empower aspiring youth in Tanzania
Leading telecommunication company Vodacom Tanzania Plc (Vodacom.co.tz) and Smart Lab have today launched “Vodacom Digital Accelerator,” a program that intends to hel…
Ann norman, general manager for Sub-Saharan Africa, pioneer energy
US firm pioneer energy exec says “billions at play” gives a roadmap for attracting us investment to Africa
Leading African energy attorney, nj ayuk is confident that …
Mr Kwaku Asomah-Cheremeh, the Minister of Lands and Natural Resources, is expected to announce measures instituted by Government to curb illegal harvesting and trading of Rosewood.
The Minister will announce the measures when he takes h…
The Volta Regional Directorate of the National Petroleum Authority (NPA) has locked up the tank and dispensers of the Radiance Petrol Filling Station in Ho for investigations into a suspected adulterated diesel.
Mr Rasheed Dauda, the Vo…
The Melcom Group of Companies on Tuesday rewarded 60 customers with 30 brand new Renault KWID Cars and 30 motorbikes, as Melcom celebrates its 30th anniversary.
The reward was to celebrate the Group's loyal customers from across the cou…
Newmont Goldcorp has announced the appointment of Francois Hardy to head its Africa operations, replacing Alwyn Pretorius, who has transitioned to the company's South America Operations.
Mr Hardy assumed the helm at Newmont Goldcorp Afr…
Two Ghanaian technology start-ups who excelled in competitions at home and abroad on Tuesday presented their awards to Vice President Dr Mahamudu Bawumia.
At a brief ceremony at the Jubilee House in Accra, the Co-founders of Techshelta,…
Cocoa farmers in the Sefwi Wiawso area in the Western North Region are increasingly accepting Concept Green agro organic fertilizer for rejuvenation of weak and dying cocoa trees and other leafy plants and crops.
Farmers in the area had…
Trade and Industry Minister, Mr Alan Kyeremanten has urged the private sector to take advantage of the current conducive environment to transform the industrial sector in Ghana.
Addressing the opening session of the Ghana Industrial Sum…
The Ghana Private Road Transport Union (GPRTU) has announced that there will be a 10 per cent increase in transport fares effective Monday, September 16, 2019.
The GPRTU in a press release said the development is to accommodate an incre…
The Ministry of Finance has authorised the Controller and Accountant-General to release GH¢49.99 million to pay outstanding transfer grants and other allowances to qualified staff of the Ghana Education Service (GES).
The payment cove…
Fitness start-up Peloton plans to raise up to $1.3bn (£1.1bn) in an initial public offering, the latest loss-making firm gearing up for its market debut.
The US company sells expensive stationary bikes and provides on-demand workout ses…
Dubai-based consultancy and event organizer MIE Groups, the firm behind the successful China Trade Week (CTW) series across the Middle East and Africa and Made in Africa Initiative (MIAI), an international NGO signed a Memorandum of Under…
Growth of online retail driving DHL Africa eShop’s rapid success
Platform introduced to an additional 14 countries across Sub Saharan Africa; Growth of online retail driving DHL Africa eShop’s rapid success.
Download document…
Ecobank Transnational Incorporated (+10%) and Total Petroleum Ghana (+0.66%) recorded gains to close at GH¢0.11 and GH¢3.07, respectively, pushing the benchmark index up by 3.67 points (+0.16%) to close at 2,260.18 with a -12.13% year-to…
Wages have continued to grow at a strong pace and employment remains at record highs, official figures show.
Earnings excluding bonuses grew at an annual pace of 3.8% in the May to July period, down slightly from the previous reading.
…
Alibaba chairman Jack Ma is due to step down from the e-commerce giant on Tuesday, marking the end of an era for the firm.
He co-founded Alibaba in 1999 and it has become one of the world's biggest internet firms.
Mr Ma's success and…
The government and stakeholders in the textile industry have agreed on a road map for the implementation of policy interventions against the importation of fake textile products and other unfair practices that have stifled the growth of …
Mr Daniel Wilson Addo, the Managing Director of Consolidated Bank Ghana, (CBG) has said the Bank has laid the foundation for a world class bank to erect a structure, to be a monument for all time.
According to a statement from CBG to th…
The Public Services Workers' Union (PSWU) of the Trades Union Congress (TUC) has expressed grave concern about the selective application of Collective Bargaining Agreements (CBAs) by some employers in dealing with issues affecting workers.…
The Asantehene, Otumfuo Osei Tutu II, has urged staff of the World Bank to carry out their duties in line with the mandate of the Bank.
He said, the World Bank was established to ensure the infrastructural and total development of devel…
The Asene Manso Akroso District Assembly has the cut sod for the construction of an administration block at Akyem Manso in the Eastern Region.
The district was created in 2018 and has its capital town at Akyem Manso.
At the sod - cut…
Ghana and Netherlands have agreed to exchange ideas and learn social dialogue and labour related issues that will be mutually beneficial.
The decision was made when Mr Ignatius Baffour Awuah, the Minister of Employment and Labour Relati…
The event will bring together small business owners, investors, diplomats and political figures from across the continent of Africa and the five boroughs of NYC on September 20th, 2019 on the sidelines of the UN General Assembly.
Africa…
There were no gainers or losers at the session as the benchmark index closed flat at 2,256.51 with a -12.27% year-to-date return. Market capitalization stayed at 56.95 billion.
The GSE Financial Index and SAS Manufacturing Index also re…
One factor which could weighing on markets is the data from China earlier showing that the August producer price index fell at the fastest pace since August 2016.
The producer price index fell 0.8% from a year earlier, that's more than …
MTN has denied claims that it intends to shut down its Mobile Money (MoMo) service in Ghana.
This follows the circulation of an audio recording on social media platforms suggesting that the telecommunications network was shutting down i…
Twenty-four rural and community bank managers across Ghana have pledged their commitment to offer credit facilities to farmers with Warehouse Receipts from certified warehouses.
The bank managers also indicated that giving more loans to…
Washington braces up for Mega Forum on Making African Trade Easy - Q&A with Angelle Kwemo on Mate 2019
Believe in Africa is a non profit organization created by African diaspora leaders to promote African solutions to African problems
…
Azuri Technologies [1] has been named in the Sunday Times Hiscox Tech Track 100 league table [2] which ranks the fastest growing technology, media and telecoms companies in the UK.
The annual Sunday Times Hiscox Tech Track 100 league ta…
US Firm Pioneer Energy Exec says “Billions at Play” gives a roadmap for attracting US Investment to Africa
Africa is one of the few investment frontiers left where large margins can still be realized
Leading African energy attorney N…
The number of tourists visiting Hong Kong tumbled in August as anti-government protests gripped the city, in a sign of the mounting economic cost of the unrest.
In a blog post, Hong Kong Financial Secretary Paul Chan said visitor number…
The Chief Executive officer (CEO) of the Ghana Export Promotion Authority (GEPA), Ms Afua Asabea Asare, has prevailed on the India International Machinery Exhibition Society (ITME) to partner their Ghanaian counterparts in the textile in…
Long queues, crowded terminals and pricey parking charges have led to Belfast International being rated the UK's worst airport in a survey by consumer magazine Which?.
Customers gave the airport an approval score of 42%, saying it was "…
The Amenfiman Rural Bank Limited at Wasa Akropong in the Wasa Amenfi East Municipality in the Western Region has increased its stated capital to GH¢6 million.
The amount, which far exceeds the Bank of Ghana’s minimum threshold, is abo…
Mr Joe Ghartey, the Minister of Railways Development, has launched a Monthly Railway Dialogue to interact with stakeholders on the way forward of the railway transport system.
He said the Dialogue was to ensure that stakeholders activel…
A total of 256 women in the Sefwi Akontombra District of the Western North Region have been trained in soap making to empower them to make a decent living.
The training programme, funded by the District Chief Executive (DCE), Mr Amoah Y…
A Legislative Instrument (LI) for the regulation of tourists' sites to ensure they operate in accordance with international standards is before Parliament for consideration.
The LI, termed the Regulations of Tourist Attractions and Site…
The Wa Municipal Chief Executive (MCE), Alhaji Issahaku Moomin Tahiru, has implored the Graphic Communications Group Limited (GCGL)to help attract investors to develop the vast arable lands of the Upper West Region to build robust agrarian…
Mr Charles A. Abugre, a former Chief Executive Officer (CEO) of the Savannah Accelerated Development Authority (SADA), has urged the Government to harness the transportation potential of the Volta Lake for Ghana's socioeconomic development…
Weekly Highlights
Yield on 91-Day T-Bill now at 14.70 percent, upped by 2 bps.
GSE whipsawed previous week’s gains.
Ghana cedi depreciated against all three major trading currencies.
Gold tumbled as global sentiment picks up. …
As part of its efforts, Somalia is expected to honour most legacy contracts
Following the signing of a new Petroleum Law and Revenue Sharing Agreement in May of this year, as well as the unveiling of its first ever offshore licensing ro…
The first multilateral development bank achieving CIPS Procurement Excellence - silver award
The African Development Bank (AfDB.org) has been recognised for procurement excellence by the Chartered Institute of Procurement & Supply (CIPS…
The African Development Bank will present its latest report: Creating decent jobs: strategies, policies and instruments on Thursday, 12 September 2019 at 11.30 am
What: Launch of the ‘Creating decent jobs: strategies, policies and instr…
HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation and Deputy Chairman of the Board of Directors at Abu Dhabi Fund for Development (ADFD), announced the launch of the Abu Dhabi Exports Office …
African Development Bank, African Fertilizer and Agribusiness Partnership sign $5.4 million agreements to foster fertilizer market in Nigeria and Tanzania
The grants are designed by the Bank’s Africa Fertilizer Financing Mechanism (AFFM…
African Green Revolution Forum 2019: African Development Bank, partners relaunch agriculture platform
Platform important tool for learning lessons from each other and to help move Africa to a more dynamic agriculture
The African Deve…
China's exports unexpectedly fell in August as shipments to the US slowed sharply, adding to worries about the effects of the two nations' trade war.
China is expected to announce more support measures soon, to avert the risk of a shar…
The Institute of Economic Affairs (IEA) has called on the government to facilitate the production of value-added goods for export to help reduce the demand for imports through the expansion of the domestic industrial base.
It said suc…
In case you hadn't heard, China's central bank has been working on its very own crypto-currency, which is close to being ready.
What is interesting is that the government is now saying that it will bear a similarity to Facebook's Libra …