The Bank of Ghana sees an economic growth recovery of up to 2.5 per cent in 2020, underpinned by large fiscal stimulus packages, supportive monetary policies and widespread easing of restrictions.
Dr Ernest Addison, the Governor of the …
President Nana Addo Dankwa Akufo-Addo has inspected ongoing works on two major development projects in the Ashanti Region intended to boost economic growth.
They include the Kumasi Airport Redevelopment Project and Proposed Apparel Manu…
Mrs Jemima Oware, the Registrar-General, on Monday, inaugurated the Bono Regional Office of the Registrar-General’s Department to make services accessible for prospective clients.
The Bono Regional office would undertake the registratio…
The Monetary Policy Committee (MPC) of the Bank of Ghana has maintained the policy rate at 14.5 per cent, citing improved outlook to growth and inflation.
Addressing a press conference in Accra, Dr Ernest Addison, the Governor of the Ce…
Creating and Growing Emergency Fund.
Emergency fund is money set aside in a separate account to be used in case of true emergency from unexpected bills to job loss in order to protect financial wellbeing. Recent financials challenges as a…
Weekly Highlights
• Producer Price Inflation dropped further to 9.0 percent.
• Interest rates on 91-Day and 182-Day T-Bills upped last Friday.
• GSE drove further southwards.
• The Cedi sustained a year-to-date appreciation agains…
The Forum engages with a wide range of institutions to help shape the global agenda
The World Business Angels Investment Forum today announced the African Development Bank (AfDB.org) as its newest Board Member. In this capacity the Bank…
SouthBridge Group and Brazil Africa Institute sign partnership to bring Brazilian investors closer to the African opportunities
Both organizations seek to jointly create a platform that will make it easier for Brazilian investors approa…
Mixed Performance in Apparel and Footwear Sector Recovery as Nike Online Sales Jump by 82% but Under Armour Sales Drop by 25%
The retail industry divide is widening as the strong get stronger while others fight for survival. Mixed perfo…
Company Aims to Grow Regional HVAC Presence with Total Integrated Solutions Centered on Expertise and Partnership
A senior executive at LG Electronics communicated the company's intention to expand the company's presence in the Middle E…
Strong showings in three financials advanced the benchmark index by 22.09 points (+1.20%) to close at 1,856.56 with a -17.75% year-to-date return while the market capitalization increased by 0.44% to close at GH¢53.16 billion.
Standard…
CEO of Vodafone joined World influential figures on two separate panel discussions at the United Nations General Assembly
Chief Executive of Vodafone Ghana, Patricia Obo-Nai, has joined world influential figures on two separate panel di…
In a post-pandemic environment, African banks will have to navigate not only an economy in recession, but one where there will be many disruptors to existing business models and a rapid acceleration of existing trends such as digitalisatio…
Nissan has unveiled a 100% electric emergency response vehicle concept, designed to provide a mobile power supply following natural disasters or extreme weather events.
Called RE-LEAF1, the working prototype is based on the Nissan LEAF …
Africa's economic future is at the heart of this year's Fintech Africa, which forms a key component of AfricaTech 2020, part of the virtual Africa Tech Festival
Fintech and Blockchain technology have the potential to lift the lid on man…
BCX deploys Epsilon's NaaS platform Infiny to expand its global reach and resiliency for its multi-national customers
Epsilon, a global connectivity and communications service provider, has partnered with Business Connexion (BCX), one …
The Ghana Commodity Exchange (GCX), in collaboration with the Juaben Food Bank Limited, has inaugurated a warehouse to help curb the perennial post-harvest losses of agricultural produce in the area.
Mrs Tucci Goka Ivowi, Chief Executiv…
The Minister of Tourism, Arts and Culture, Mrs Barbara Oteng -Gyasi together with the Western Regional Minister, Mr Kwabena Okyere Darko- Mensah have joined residents of Prestea Huni-Valley to plant trees to mark this year’s World Tourism …
The President, Nana Addo Dankwa Akufo-Addo, has commissioned an Integrated Composting and Recycling Plant at Adagya in the Bosomtwe District in the Ashanti Region.
The $95-million plant, with a capacity to convert 2,400 tonnes of waste …
President Nana Addo Dankwa Akufo-Addo Monday commissioned the Kasapreko Water, Juice and Soft Drinks Factory at Kwadaso in the Ashanti Region.
The company, operating under Government’s One -District- One-Factory (1D-1F) initiative, has …
Clive Perkins hasn't been to a supermarket since March, but he's just driven to an Aldi store in Loughborough to have his groceries delivered straight to his car.
He's one of the first customers to try its new click and collect trial - …
Uber has won a legal bid to restore its London operating licence which was taken away over safety concerns, after a judge ruled on Monday that the company was a fit and proper operator despite “historical failings”.
Transport for London…
A post-Brexit trade deal "can and must be made", the organisation representing British businesses has said ahead of further UK-EU trade talks on Monday.
Dame Carolyn Fairbairn, the boss of the Confederation of British Industry, said it …
The next government irrespective of which political party wins the Presidential Elections in December, from 2021 must restore government’s reputation by paying all contractors.
Mr Habibu Adam, a Senior Economist at the Office of the Sen…
The Amansie South District is to benefit from the rehabilitation of a total of 100 kilometres of roads within the next four years.
Mr Yaw Frimpong Aidoo, Member of Parliament for Manso Adubia, who announced this said, the area which had…
Agrihouse Foundation, an agriculture focused organization has called on stakeholders to step up efforts to promote the industry for economic growth and development.
They made the call during a two-day second edition of the Livestock, Po…
The free to attend virtual forum will connect Africa’s most impactful real estate investor community with its emerging technology and innovation sectors
Taking place online, The Africa Proptech Forum Virtual (bit.ly/33a9uk2), is one-ful…
Best’s Market Segment Report: Tough Operating Conditions Present Challenges for Sub-Saharan Reinsurance Markets
For many years, the reinsurance markets of sub-Saharan Africa, though small by global standards, have provided global reinsu…
This September is a massive month in smartphone innovation. Samsung unveiled the Galaxy Z Fold2, which brings together the very best of foldable innovation technology, a category pioneered by Samsung, to change the shape of the future. It …
Market Summary
The benchmark index moderated by 6.90 points (-0.37%) due to Ecobank Transnational to close the week at 1,834.47 with a -18.73% year-to-date return while the market capitalization decreased by 0.45% to settle at GH¢52.93 b…
Unprecedented Virtual Summit for African Business Leaders to Access Resources to Grow Their Businesses with the United States
The virtual summit, unprecedented in terms of scale, breadth and depth, will convene thousands of c-suite exec…
The CEO of Quick Credit and Investment Micro Credit Limited, Romeo Rich-love Seshie has won the Banking and Finance category at the 40 under 40 awards 2020.
Romeo before his appointment as the CEO was the Deputy Managing Director of th…
The Chief Executive Officer of Quick Angels Ltd, Richard Nii Armah Quaye emerged the overall winner at this year’s 40 under 40 awards. He also won the investment award category.
Speaking on his award; the vibrant entrepreneur said” Wor…
Ministers and senior officials have called on the international community to reform the financial system and the ways it offers support to small states in the wake of the COVID-19 pandemic.
Representatives of Commonwealth member countri…
The accounts of all customers of defunct microfinance, savings and loans and finance houses have been fully credited with the cash value of their estimated bonds, Mr Daniel Wilson Addo, the Managing Director of Consolidated Bank Ghana (CBG…
Ride-hailing platform Bolt, has rewarded 30 of its drivers whose performance was head and shoulders above the rest after great reviews.
The criteria for the exceptional drivers were dependent on completing the most trips on Bolt and mai…
The Management of Agricultural Development Bank (ADB) has indicated that it is putting in place strategic measures that will see the bank raise its agricultural loan portfolio to 50 per cent by the year 2022.
This is to enable farmers a…
Bayport Savings and Loans, has recorded a profit after tax of GH¢8.4 million for the first half of this year, an increase on the GH¢185 000 achieved for the same period in 2019.
The impressive profit performance was driven by a growth i…
Chandler Guo was a pioneer in cryptocurrency, the digital currencies that can be created and used independently of national central banks and governments.
In 2014 he set up an operation to produce one of those currencies, Bitcoin, in a …
A renewable energy firm, Axcon Energy Limited has kicked off the construction of Appolonia City’s first solar power plant, which will bring five megawatt (MW) of renewable energy to homeowners and businesses within Greater Accra’s new city…
As part of efforts to provide sustainable economic opportunities to help boost income levels of women in its host communities, AngloGold Ashanti (Iduapriem) Limited has commenced construction of a soap production factory in New Tokunaso in…
* Marilyn Faugas, currently Head of Market Management for AGCS France is appointed Regional Head of Distribution for AGCS Mediterranean &
Africa Region.
* The current Head of Underwriting Property for AGCS France, Jean-Baptiste Reg…
'GrEEn Job Fair', a programme designed by the Netherlands Development Organization, SNV, to connect prospective employees to potential employers, had been held at Dentin in the Offinso Municipality of the Ashanti Region.
The programme, …
The Kumasi Metropolitan Assembly (KMA) has made significant progress in the battle against the use of fake general counterfoil receipts (GCRs), following the restructuring of its Revenue Unit, Mr Osei Assibey-Antwi, the Metropolitan Chief …
MORE than 200,000 medium, small and medium enterprises (MSMEs) have received their share of the special fund, set up by the government to cushion small and medium-scale businesses from the impact of the coronavirus disease (COVID-19).
T…
Work on a GH¢6.6-million rice-processing factory at Sefwi Akontombra in the Western North Region is scheduled for completion by end of October, this year.
The factory is one of five Common User Processing Facilities (CUF) currently unde…
The UK government borrowed £35.9bn in August as tackling the economic fallout of pandemic took its toll on the public finances, official figures show.
The figure - the difference between spending and tax income - was £30.5bn more than i…
Mr Kweku Ofori Asiamah, the Minister of Transport has assured the Chiefs and people of Keta that the Landing Site would come to fruition as promised.
He said the government was committed to fulfilling its promise to construct beach land…
Farmers and food processors in Akim Asene have been educated on balanced and nutritious diets that will strengthen them to increase crop production.
The one-day training programme was held by the Women In Agricultural Development (WIAD)…
The Management of the Empire Cement Packaging Limited (ECL) on Thursday said they have a comprehensive strategic plan to operate in a sound and conducive manner without activities affecting the Panbrose Salt Company.
A statement signed …
info@businessghana.com
