The Ghana Cocoa Board (COCOBOD) has partnered the Ghana Academy of Arts and Sciences (GAAS) to develop products from cocoa to aid in the management of some life-threatening infections and metabolic diseases globally.
The partnership wil…
The Technical Team Lead of the Ghana Poultry Project (GPP), Mr Raymond Denteh, has urged farmers to take advantage of opportunities in the poultry value chain to improve their market share.
That, he said, was crucial to improve fortunes…
The Minister for Energy, Dr Matthew Opoku Prempeh, has called for more consumer advocacy bodies to protect the rights and interests of consumers.
Dr Prempeh, who is also the Member of Parliament (MP) for Manhyia South, made the call whe…
The Minister of Finance, Mr Ken Ofori-Atta, will today lay before Parliament, the 2021 mid-year budget review for its consideration and adoption.
The budget review, which is in accordance with Article 179 of the 1992 Constitution and th…
The UK economy will grow faster than expected this year as it recovers from the Covid pandemic, the International Monetary Fund (IMF) has said.
Economic prospects for rich and poor nations have diverged more due to differing access to C…
Toy maker Mattel says it has to raise prices in the run-up to Christmas as the industry giant faces higher costs.
The comments come after a rise in costs of raw materials and shipping, as the global economy recovers from the pandemic.
…
The Chamber of Petroleum Consumers (COPEC) says the Government can rake in an amount of GHc157,680,000 annually to the road fund if all tollbooths in the country are automated.
The Chamber noted that with the average of 2.9 million regi…
The Former President of Liberia, Ms Ellen Johnson Sirleaf, has said that the Africa Continental Free Trade Agreement (AfCFTA) provides a ready vehicle for countries in the region to start the process to move towards more self-reliance to r…
The Pamoja group made up of black Canadian professionals said it intends to partner the Ningo –Prampram District Assembly for the flagship programme Plan City Extension Project.
This was revealed when the group called on Mr. Jonathan …
The value of Ghana's State-Owned Enterprises (SOEs) is GHS 110 billion, representing approximately 27 per cent of the nation's 2020 gross domestic product (GDP), Mr Ken Ofori-Atta, the Finance Minister, has said.
He noted that it was in…
The sixth edition of the Global Business Forum (GBF) Africa will be held in Dubai on October 13-14, 2021 under the theme Transformation Through Trade.
This year’s Forum is organised by Dubai Chamber and Expo 2020 Dubai on the sidelines …
Meaningful Business, a curated network and content platform, is inviting nominations from African impact leaders for the global Meaningful Business 100 (MB100) award programme which celebrates outstanding contributions from business leader…
Founded in 2004 by Mark Zuckerberg, Facebook is today the oldest surviving social media platform. But with more and more platforms entering the market, will it go the way of MySpace and MxIt?
Kyle Oosthuizen, Chief Operating Officer at …
The leading pan-African banking group, Ecobank Group, and the African Union Development Agency New Partnership for Africa’s Development (AUDA-NEPAD), held a virtual graduation ceremony for more than 200 alumni of the inaugural Ecobank’s MS…
Weekly Highlights
• June 2021 Producer Price Inflation is at 10.1 percent.
• The GSE inched up its YTD gains
• Ghana cedi gained value against the Pound and the Euro
• Major international stock indices rebound in the week’s trades.…
An Accra High Court has ordered the Bulk Oil and Storage and Transportation (BOST) to pay a total of GH¢ 9,962, 118.84 to Hask Oil Company Limited being the interest accrued on a bank facility they took, while their products were in the cu…
The Chartered Institute of Taxation, Ghana (CITG), has inducted 64 newly qualified chartered tax practitioners into the institute after they had successfully passed the mandatory exam.
The new inductees include the Management Accountant…
The National Insurance Commission (NIC) will soon resume its enforcement exercise to ensure that all commercial buildings are insured against fire, Deputy Commissioner of Insurance, Mr Michael Andoh, has said.
Although the Insurance…
Tesla has reported surging profits, despite shortages of semiconductor chips and congestion at ports hampering production.
Sales rose to $12bn (£8.6bn) in the three months to the end of June, up from $6bn a year ago, when its US factory…
The Ranking Member on Parliament's Finance Committee, Mr Cassiel Ato Forson, has urged government to, as a matter of urgency seek debt relief from the International Monetary Fund (IMF) to curb the country's rising public debt.
Ghana's t…
National President of the National Service Personnel Association (NASPA), Mr Emmanuel Brimpong Akosah has appealed to the Government to consider increasing the allowance paid to Service Personnel to enable them make a meaningful living.
…
Mr Rockson Kwesi Dogbegah, President of Institute of Directors-Ghana (IoD-Gh) says the lack of appetite towards risk management is the cause of the collapse of some businesses over the years.
He observed that others, who had developed t…
President Nana Addo Dankwa Akufo-Addo Monday entreated State-owned Enterprises (SOE's) to adopt strategies to improve their financial performance.
This, he said, would enable those entities contribute effectively to the national develo…
The World Initiative for Soy in Human Health (WISHH) launched a campaign dubbed ‘Go for Soya Chunks’ on Friday, 23rd July 2021 at the Accra City Hotel. The campaign is to increase awareness and promote the nutritional benefits of soya ch…
THOUGHT OF THE WEEK
UNDERSTANDING ASSET CLASSES AND INVESTMENT RISK (PART 1)
Recent developments in the investment sector has highlighted the need for investors to understand the basics of different asset classes and risk associated wi…
The Alliance for a Green Revolution in Africa (AGRA) has emphasised that any effort to ensure agricultural transformation in the region must address gender equality.
It noted that the gap between men and women was massive, and that due …
Taxation Law lecturer, Practitioner and Author, Dr. Abdallah Ali-Nakyea has shared important insights into Tax Practice Management, telling practitioners how critical it is they need to bring ethics and integrity to bear on their professio…
Fitch Rating agency has projected Ghana to be the fastest growing economy in Sub Saharan Africa as it emerges strongly from the COVID-19 pandemic, President Nana Addo Dankwa Akufo-Addo has noted.
The agency also projects that the econom…
The Monetary Policy Committee (MPC) of the Bank of Ghana has maintained the policy rate at 13.5 per cent, determining that the risk to inflation and growth were broadly balanced.
Inflation has fallen in recent months from 10.3 per cent …
The Minister for Trade and Industry, Alan Kyerematen, has revealed that plans are underway to ensure the operationalisation of the Komenda Sugar Factory before the end of 2021.
The minister made this known while answering questions on t…
Hollard Life Assurance, a subsidiary of Hollard Ghana, has sponsored top performing recruits of the Regional Police Training School in Kumasi during the passing out parade of 320 recruits.
The sponsorship includes a one-year group life …
The Controller and Accountant General’s Employees Co-Operative Credit Union (CAGECCU) has not been able to declare any dividend payment on members’ shares in the 2020 financial year.
This is because the financial year recorded a drastic…
Standard Chartered Women in Technology Incubator programme has awarded GHC57,000 each in seed funding to five women-led businesses to scale up their business operations.
The five winners are The Autism Ambassadors of Ghana, a social ent…
The Ghana Stock Exchange, in collaboration with the National Pensions Regulatory Authority (NPRA) and the Securities and Exchange Commission (SEC), has held a workshop for players in the pensions industry to discuss investment opportunitie…
African Energy Week (AEW) discredits the misrepresentations by Africa Oil Week and Portfolio Director Simon Ford, stating that events cannot be held anywhere in Africa; AEW will take place in Cape Town with full Ministerial support and aga…
Out There Media (OTM), a global leader in mobile advertising, today announced its partnership with MTN Ghana to provide digital advertising services for its customers. MTN Ghana will adopt OTM’s award-winning mobile engagement technology p…
Heathrow has warned it could see even fewer passengers in 2021 than last year as expensive testing requirements and restrictions hold travel back.
The airport said recent changes to the government's traffic light system were "encouragin…
Mangers of two major factories under the government’s One District One Factory initiative in the Central Region, Ekumfi Fruit and Juices Factory, and Casa de Ropa company, say, although they have been negatively impacted by the COVID-19 pa…
Ghana’s total public debt stock has increased once again according to new data released by the Bank of Ghana.
The debt stock which ended the first quarter of 2021 at GH¢ 304.6 billion, increased by almost GH¢ 30 billion in April and May…
Cocoa Abrabopa Association (CAA), Alfred Ritter GmbH & Co KG, Fuchs & Hoffmann and Ascot Amsterdam are collaborating on setting up an economically viable and resilient cocoa production system that will improve the lives of cocoa farmers an…
The charitable wing of the industrial giant, Twellium Foundation, has been honoured for its continuous generosity to the Ghanaian people at this year's Millennium Excellence Awards.
In the presence of His Excellency, Nana Addo Dankwa Ak…
Madam Roslyn Ngeno, Senior Investment Expert, African Continental Free Trade Area (AfCTA) has urged Ghanaian women entrepreneurs to venture into technical oriented fields to pioneer innovation and be competitive in the free trade market.
…
The National Insurance Commission (NIC) has presented a cheque for GH¢ 300,000 to the Ghana National Fire Service (GNFS) to enable it complete an on-going 3-storey forensic laboratory.
The lab unit when completed will assist the service…
The Right Reverend Professor Joy Obiri Yebaoh Mante, Moderator of the Presbyterian Church of Ghana has urged young persons to desist from praying for God’s blessings and prosperity without engaging in any productive work.
Rt. Rev. Prof.…
Shares in Chinese ride-hailing giant Didi slumped by more than 11% in New York on Thursday.
It comes after a report that regulators in Beijing are considering serious penalties for the company.
Didi made its US stock market debut at …
From the Oscar's to the Love Island fire pit - there's no doubt Crocs have made a pandemic comeback.
On Thursday, the chunky shoe-maker reported record sales of $640m (£465m) in the three months to 30 June - nearly double the same perio…
The Minister for Trade and Industry, Alan Kyerematen, believes the 1D1F initiative by the government will enable the private sector take full advantage of the Ghana-UK Trade Partnership Agreement as well as the interim EU-Ghana Economic Pa…
The Centre for Maritime Law and Security (CEMLAWS) Africa has called on the government to endorse and facilitate the implementation of the National Integrated Maritime Strategy (NIMS) to enhance Ghana's maritime fortunes.
The National I…
Mr Kwaku Ofori Asiamah, Minister of Transport, has paid a working visit to the Ghana Ports and Harbours Authority, which is an agency under the Ministry.
The visit was also to officially introduce the two Deputy Ministers, Mr Hassan S.…
Officials from Gambia Port Authority has embarked on a study tour of the Port of Ghana to understudy the operations of the Ghana Dock Labour Company (GDLC).
The delegation comprises management personnel of the Gambia Port Authority, Doc…