Prices of most commodities in some markets in the Tema Region tumble during the midweek, GNA market survey conducted in major trading centres on Wednesday revealed.
The survey revealed that prices of some commodities recorded a reductio…
The Chinese economy's sharp rebound from the coronavirus pandemic has now slowed, official figures show.
Gross domestic product (GDP) increased by 7.9% in the second quarter of 2021 compared to the same time last year.
That was less …
It has been 10 years since a former go-to hospitality facility in the country, the Ambassador Hotel, was revived and transformed into the Movenpick Ambassador Hotel in Accra.
As a result, the hotel has launched its 10th anniversary to t…
Mr. Akwasi Agyemang, Chief Executive Officer (CEO) of the Ghana Tourism Authority (GTA), has commended Messrs Precise Company Limited, contractors working on the Bonwire Kente Museum project for the commitment to duty.
“We are hoping th…
Dr Henry Kwabena Kokofu, the Executive Director of the Environmental Protection Agency (EPA) has asked investors, landowners, tenant farmers and sharecroppers involved in "speculative activities" at Newmont Ghana’s mining site in Ahafo Nor…
The Ghana Tuna Association is warning that rising pirate attacks on vessels in Ghana’s territorial waters is likely to ward off investors interested in tuna and deep-sea fishing in the country’s waters and beyond.
According to the ECOWA…
Madam Cecilia Abena Dapaah, the Minister of Sanitation and Water Resources, has toured the Adjen Kotoku Market in the Ga West Municipality to assess the water and sanitation conditions in the area.
The visit followed the relocation of t…
Ashcell Limited, sole distributors of MTN products, has been lauded for its professionalism and customer care.
The company, through its efficient service delivery and innovative ideas, had been instrumental in satisfying the growing num…
Traders at the Community Seven market in Tema have attributed the increasing prices of foodstuffs to the persistent hike in fuel prices and the consequent high cost of transportation.
A weekly Ghana News Agency market survey in the majo…
The Year-on-year inflation stood at 7.8 per cent in June compared to 7.5 per cent in May, pushed slightly by transport and food items, the Government Statistician Professor Samuel Kobina Annim said on Wednesday.
Speaking at a press brie…
Vice President Dr Mahamudu Bawumia Wednesday unveiled the Ghana.Gov portal to boost government's revenue collection and improve access to government services at the Ministries, Departments and Agencies (MDAs) and the local assemblies.
I…
In 2020, e-commerce in South Africa spiked by 66%, driven by COVID-19-induced lockdowns and a drop in brick-and-mortar retail sales[i]. This increase was accompanied by an upsurge in the use of instant Electronic Funds Transfer (EFT) paym…
Uber is excited to celebrate five years since its launch in Ghana. More than 6000* flexible economic opportunities have been created through the app which provides residents in Ghana's cities with affordable, safe and reliable transport so…
Lenovo and world football (soccer) association Football Club Internazionale Milano (Inter) have upgraded their multi-year partnership taking the prized back-of-shirt placement on the team’s iconic jersey, starting in the 2021/2022 season. …
At 10.30pm on a cold December night in 2019, a former titan of the global car industry lay bundled inside a box on board a plane, waiting to flee Japan.
"The plane was scheduled to take off at 11pm," recalls Carlos Ghosn.
"The 30 min…
The Government of Ghana has signed an additional $200 million loan agreement with the World Bank to help the vaccination process.
This is the second tranche of funds that government is receiving from the World Bank for the management of…
The 74th Session of the Board of Directors of the ECOWAS Bank for Investment and Development (EBID) has approved €61,526,000 for projects in Benin, Burkina Faso and La Cote D’Ivoire.
The Session, which was held via videoconference, revi…
The Ghana Chamber of Construction Industry is warning that Ghanaians are likely to struggle to rent and acquire houses in the near future, if nothing is done to halt the unusual rise in the price of building materials.
This follows call…
Ghana’s cocoa sector is set to benefit from irrigation facilities that will help increase yield.
This according to the COCOBOD CEO, Joseph Boahen Aidoo, will ensure year-round production and harvest of the cash crop.
Even though the …
Members of the Ghana Chamber of Commerce and Industry (GNCCI)-Tema, were on Monday sensitized on the application requirements of the COVID-19 Response Grant (CRG) to enable them successfully access it.
Mr Isaac Youssef Barry, GNCCI Tema…
Shortage of fertilizer in the Sissala area is adversely affecting farmers who are struggling to access it leaving large fields of maize turning yellowish in colour few weeks after planting.
Some of the farmers told the Ghana News Agen…
The Aviation Sector is showing strong signs of recovery from the pandemic-induced near collapse of the industry last year.
Having introduced limited flights after the reopening of the Kotoka International Airport for scheduled passenger…
The Greater Accra Poultry Farmers Association (GAFA), fears Ghana’s poultry industry risks collapse if the government fails to swiftly deal with recent challenges of feed for poultry.
This comes as poultry farmers across the country cur…
Weekly Highlights
• GSE improved its year-to-date performance.
• Ghana cedi lost grounds to the dollar and the pound sterling.
• Wall Street extends bullish run, as investors anticipate a positive outlook on U.S companies’ upcoming …
The International Cocoa Council, at its special session held from 6 – 8 July 2021, extended the duration of the seventh International Cocoa Agreement by two years to 30 September 2024. The Agreement, which became operational from 1 October…
Zoho Corporation, a leading global technology company, today announced its new Business Intelligence (BI) Platform — an AI-driven data analytics solution empowering businesses to surface precise and actionable insights through self-service…
With the international community pushing for a rapid decrease in carbon emissions due to climate change, there has been a significant decline in foreign investment directed towards the African energy sector. The global climate crisis remai…
A business which gives out virtual cash in exchange for rubbish, a start-up which converts faecal sludge into fuel briquettes, and an enterprise which offers smart metering solutions for solar mini-grids, have won the SEED Low Carbon Award…
MTN Ghana has launched the 2021 edition of its month long Twincity festival celebration in the Western region. The celebration is aimed at engaging customers with exciting activities during the month. This year’s Twincity festival also fo…
A team from the Ahafo Regional Coordinating Council (RCC) is attending the German-Ghana Agro-Processing Exhibition to be held in Accra on Tuesday, July 13.
Led by Mr George Boakye, the Regional Minister, they are expected to showcase an…
Indian e-commerce giant Flipkart has raised another $3.6bn (£2.6bn) ahead of an expected stock market debut.
The Walmart-backed company said it will use the money to expand its operations and invest further in its grocery, fashion and d…
Israel Laryea is a Ghanaian broadcast journalist, news editor, anchor and programme host with Multimedia Group Ltd. He began working in the broadcasting space with TV3 in 1999 before moving to the Multimedia Group Limited.
Together with…
Enepa Ventures, a leading household name in Agri-input manufacturing, importation, supplies and distribution in the country has outdoored, the most advanced Maize seeds – SC 719 hybrid into the market for Farmers.
In a Press statement, …
A report on the “Impact of COVID-19 on Agribusinesses in Ghana” has revealed that businesses in the agriculture sector value chain have started sourcing inputs from domestic sources.
Although the drift in policy is said to be slow, abou…
Maize production in the Sissala East Municipality and Sissala West District is likely to be affected as major maize production companies in the area are reducing their production due to financial constraints.
These companies, which prac…
The Bank of Ghana says a bank account shall be regarded dormant only after two years of inactivity (no withdrawal or deposit).
It said if a customer allowed his or her bank account to go dormant, He or she would not earn any interest fo…
Stock Market Highlights
The stock market advanced marginally this week as a result of gains in two counters to close at 2,652.54 with a 36.62% year-to-date return. Market capitalization gained 0.01% to settle at GH¢61.56 billion.
The …
Fidelity Bank has introduced the Fidelity Edwapa Account to provide customized financial services for self-employed individuals and sole proprietors. The account is accessible to individuals operating within both the formal and informal bu…
Amid growing demand for funding for Africa's underserved medium-sized companies, IFC today announced an investment in a new mezzanine fund managed by Vantage Capital, a leading mezzanine funding provider on the continent, which will provid…
Over the past three decades, Angola has proven to be a tier one destination for major oil and gas producers. It is for that reason, that the country is host to all major International Oil Companies. As the world continues to debate what en…
A jumbo road interchange financed by the African Development Bank Group (AfDB.org) has opened in the Ghanaian capital, Accra, amid hopes the new infrastructure will help reduce road fatalities, ease mobility and spur trade within Ghana as …
Ecobank Ghana and Enterprise Tustees yesterday signed a partnership agreement, introducing the first ever pension-backed mortgage loan and short term credit facility in Ghana. Under this partnership, Enterprise Trustees will make availabl…
Vantage Capital (VantageCapital.co.za), Africa’s largest mezzanine fund manager, announced today the successful first close on its fourth mezzanine fund. With US $207 million of commitments from European and US-based commercial investors a…
Emmexon Ghana Limited is a procurement specialist & service provider that specialises in the supply and installation of tunnel sanitizers, disinfectants and accessories. It also provides disinfection and fumigation services. It’s missi…
G20 finance ministers have backed an "historic" plan which will see multinational companies pay their "fair share" of tax around the world.
The plan to battle tax avoidance puts in place a minimum global corporate tax rate of 15%.
It…
The Speaker of Parliament, Mr Alban Sumana Kingsford Bagbin, has decided to schedule an appropriate time for the Minister of Finance, Mr Ken Ofori Atta, to respond to questions on the cost of President Nana Addo Dankwa Akufo-Addo’s recent …
The Bank of Ghana (BoG) will begin a pilot of the digital cedi in a sandbox environment in September, the First Deputy Governor of the BoG, Dr Maxwell Opoku-Afari, has said.
Speaking after the opening session of a two-day training for J…
FBNBank Ghana has reopened its Tema branch with a renewed focus to provide small and medium enterprises (SMEs) with the needed impetus such as working capital and trade support to enhance their operations in the country.
It followed a c…
The Ghana Statistical Service has announced a seven-day mop-up in the ongoing 2021 Population and Housing Census (PHC) to complete work in the outstanding enumeration areas.
The mop-up exercise will run from Monday July 12 to Sunday Jul…
The Ghana Trades and Livelihood Coalition (GTLC) has urged government to adopt elements of the Gender Responsive Budgeting (GRB) in order to strengthen the Programme Based Budgeting (PBB) currently being implemented.
“PBB is the way to …
info@businessghana.com
