In the month of August 2021, air passenger traffic reached 46.8% compared to same month in 2019 while capacity was at 54.6%.
Domestic markets across Africa recorded a slight reduction in passenger demand although still outperforming int…
The International Cocoa Organization today releases its revised forecasts for the 2020/21 cocoa year and revised estimates of world production, grindings and stocks of cocoa beans for the 2019/20 cocoa year. The data published in Issue No.…
The Ghana Mineworkers’ Union (GMWU) of the Ghana Trades Union Congress (TUC) has called on the government and employers in the mining sector to put in place adequate measures to ensure the safety of citizens engaged in lawful economic acti…
The Minister of Communications and Digitalisation, Mrs Ursula Owusu-Ekuful, has urged Ghanaian youth to fully leverage the technological innovations defining this particular era to unleash their full potential.
She said digital technolo…
The Graphic Communications Group Limited (GCGL) and the Ghana Real Estate Developers Association (GREDA) have expressed their commitment to work together to ensure that the housing needs of the country are met.
As the first in a series …
The maiden edition of ‘Nyansapo’, a youth engagement forum which brings together young Ghanaians from diverse backgrounds on a common platform, to discuss and develop actionable solutions to the issues that confront them, has been held in …
The Governor of the Bank of Ghana says developing a vibrant financial sector that is capable of harnessing financial resources available for growth and development requires the commitment of all key stakeholders.
Dr Ernest Addison sa…
Toyota Ghana Company Limited has launched its new Genuine Motor Oil (TGMO) into the Ghanaian automobile market.
This is an engine oil designed for Toyota cars in mind.
Mr Anndrew Lampety, Head of Sales Operations at Toyota G…
The Government, through the Ministry of Gender, Children and Social Protection, has disbursed GHC160 million out of GHC213 million required to pay caterers of the Ghana School Feeding Programme (GSFP) for the first term of the 2021 academi…
The Public Accounts Committee (PAC) of Parliament on Monday commenced sittings in Sunyani, the Bono Regional capital.
Members of the PAC, chaired by Mr James Avedzi, are considering the 2017 Auditor-General's Report for some Polytechnic…
Acacia Health Insurance has won the Brand of the Year [Private Health Category], at the just-ended 2021 Ghana Insurance Awards held at Kempinski Hotel in Accra.
The prestigious Awards is a recognition of the company’s commitment to buil…
The Deputy Minister of Trade and Industry, Mr Herbert Krapa has, on behalf of Government signed an Institutional Partnership Agreement for Germany and Ghana to collaborate on testing and standards development for construction materials and…
Leading global food and agri-business, Olam International Limited (“Olam’’) announced today that it has secured three committed loan facilities aggregating US$5.2 billion.
The three facilities comprise a US$1.2 billion 3-year term loan …
French-Nigerian technology startup Kwik Delivery is excited and proud to unveil today its two brand ambassadors, Nigerian football legend Jay Jay OKOCHA and power biker-lady FEHINTY.
“Since its launch in 2019 in Lagos, Kwik Delivery has…
Africa World Trade Network (AWTN), Africa Continental Free Trade Area (AfCFTA) Secretariat sign partnership to boost intra-regional trade and investment
Accra, 24 August 2021: The Africa World Trade Network (AWTN) has partnered the Afri…
THOUGHT OF THE WEEK
UNDERSTANDING THE STOCK MARKET (PART 3)
The Stock Market is made up of different participants who perform various roles to make the market run effectively. The players on the Ghana Stock Exchange
include the followin…
Massmart, the owners of general merchandise Game stores in Ghana have announced that it is selling all its outlets in West and East Africa to stop losses in that struggling business.
Reuters reports that the decision comes after the sec…
Dr Owusu Afriyie Akoto, Minister of Food and Agriculture, says maize production in the country dipped in 2020 to a drought spell.
Droughts are events of prolonged shortages in surface water or groundwater.
He stated that the drought …
The implementation of the African Continental Free Trade Area (AfCFTA) must be accompanied by policies supported by Regional Economies to ensure the inclusion of women and youth.
AfCFTA in the Futures Report, “Making the AfCFTA Work for…
TBL has announced a final dividend of Twenty-five (25) bututs (D0.25) per share for the 2020 financial year (Exchange rate is D51.80 to $1).
Qualifying Date
All shareholders registered in the books of TBL at the close of business on Th…
Leading Pan-African professional real-estate services provider Broll Property Group, which has announced a new five-year plan and reinvigorated group strategy to position itself in the property sector in South Africa and across the contine…
The significant increase in the reported value of fraud recorded by Banks and Specialized Deposit-Taking Institutions in Ghana in 2020, which stands at GHS1 billion, was a result of a number of factors, including the involvement of staff o…
As average lending rates across Universal Banks continue to drop in the country, albeit marginally, some banks appear to have far lower average lending rates compared to their peers.
In the past year, the country’s monetary policy rate,…
Vietnam has added to concerns over global supplies of coffee as the South East Asian country's biggest city remains in lockdown.
The exporting hub of Ho Chi Minh has been kept under tough travel restrictions after a surge in cases of th…
The Africa Center for Energy Policy (ACEP) has called on the government to re-examine its decision on the Agyapa investment deal.
Although the agreement would not affect the 20 per cent that goes into the Mineral Development Fund (MDF…
Rebel forces from Ethiopia's conflict-hit Tigray region have accused the African Union of bias, days after the bloc appointed the former Nigerian President Olusegun Obasanjo as a mediator.
A spokesman for the Tigray People's Liberation …
The Institute of Directors (IoD) Ghana has inducted 36 new members including; four fellows at a virtual event.
The inductees who had gone through their orientation comprised heads of agencies and institutions including; the new Inspec…
Fidelity Bank has launched a digital self-onboarding solution for its innovative Smart Account, a minimum-effort “Know Your Customer” (KYC) requirement account that was launched in 2014 to extend financial services to the unbanked and unde…
The 'Cape St. Paul Wilt' disease has affected and destroyed more than 3000 hectares of coconut trees in the Jomoro Municipality of the Western Region.
"The disease, which continues to ravage many coconut trees may kill the coconut ind…
Mr John Christian Acquaah, Chairperson of the Land Survey Division of the Ghana Association of Surveyors has lauded the implementation of the new Land Act 2020 (Act 1036) which seeks to address land issues in the country.
He explained…
The Chief Executive Officer of the Private Enterprise Federation, Nana Osei-Bonsu has called for investments into the clay brick industry to promote affordable housing and roads.
Nana Osei-Bonsu advised that since clay exists in almost …
Mr Deng Li, Chinese Assistant Foreign Minister, has announced China's proposals for the China-Africa Partnership Plan on Digital Innovation at the China-Africa Internet Development and Cooperation Forum.
A statement issued by the Chines…
Four hundred and seventy (470) farmers have planted 18,800 improved cashew seedlings in 27 communities in eight districts of five regions of Bono, Bono East, Savanna, Volta and Oti regions.
The Districts include; Wenchi, Tano north, Tai…
Africa must strengthen its democratic institutions if it is to experience sustained economic growth and effective national transformation, Dr Akinwumi Adesina, President of the African Development Bank (AfDB) has said.
He said many inst…
The Accra Metropolitan Assembly (AMA) is developing an insurance policy for all businesses within the jurisdiction to minimise the effect of disaster on them.
The policy is intended to cushion the businesses against floods and fires; th…
As oil prices on the global markets continue to fall, Energy Consultant, Dr Yussif Sulemana says the government must strive to increase its storage capacity.
He argues that this will help cushion the country when prices begin to rise.
…
A delegation of Ghana International Trade and Finance conference (GITFIC) will tour some West African countries to firm up some collaborations on African trade with regional dialogues.
Some of the countries slated to be visited are Nig…
Yara Ghana has been recognised with the Outstanding Agribusiness of the year award at the recent Ghana Business Standards Awards held in Accra.
The awards ceremony, which was on the theme ‘Celebrating organisations committed to remarkab…
The Trades Union Congress (TUC) has called on government to suspend the automatic adjustment of fuel prices and eliminate all “nuisance taxes and levies” built into fuel pricing in the face of worsening living conditions in the country.
…
Ghanaian International fashion designer, Sally Torpey, says attention must be given to production capacity while addressing quality concerns in the country to court international attention.
She argues that the African Continental Free …
Economist and Director at the Institute of Statistical, Social and Economic Research (ISSER), Prof. Peter Quartey, has urged the new board of the Bank of Ghana to among other things strengthen the Central Bank’s enforcement and regulatory …
The Vice-President, Dr Mahamudu Bawumia, has described as scary the state of the banking system in the country prior to the financial sector clean up by the government.
He said the sector was days away from collapse, hence the bold and …
The price of bread in the Northern Region is expected to go up by 50 percent following a meeting of the Bread Bakers Association in Tamale.
The decision follows a two-day strike that led to the shortage of bread in the Northern Region e…
The Ghana Mine worker's Union (GMWU), has renewed its call for the current 20% share of the annual mineral royalties allocated to the Mineral Development Fund (MDF) be increased to at least 50per cent.
The union said "we expect that 50…
The banking industry continues to record rising cases of fraud, with the latest figure hitting GH¢I billion in 2020, compared to GH¢115.51 million recorded in 2019.
A total count of 2,670 cases of banking fraud were recorded in 2020, as…
The Institution of Occupational Safety and Health (IOSH), a chartered body for safety and health is organising a conference in September that focuses on how safety and health at work will benefit workers, businesses and the economies of We…
The Minister of Information, Mr Kojo Oppong Nkrumah, has appealed to media practitioners to eschew misleading reports about the country's economy, especially during this COVID-19 era.
The minister explained that such reportage if not cu…
The Board Chairman of the Graphic Communications Group Limited (GCGL), Professor Kwame Karikari, has made a strong case for the establishment of a media development fund by the government that can deliver patient and low-cost finance to su…
Officials of the Ghana Revenue Authority have been urged to design and implement a modified taxation system for the large informal sector of Ghana’s economy in order to make it easier for them to fulfil their tax obligations to the State.
…
The South Africa Airlines (SAA) will resume flight from September 23, 2021, after the carrier remained grounded for over 15 months.
The airline says the first flights will commence on Thursday, September 23, 2021, and will initially ope…
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