Dr Hafiz Bin-Salih, the Upper West Regional Minister, has said Ghana lost about $12,000,000 dollars in 2018 to fertilizer smuggling to neighboring countries and called on security agencies to beef up security to prevent smuggling activitie…
American Express has reported second quarter profits of $1.8bn (£890m), up 9%, while revenue rose 8% to $10.8bn.
"We continued the broad-based momentum throughout our business with the eighth straight quarter of [currency] adjusted reve…
A financial platform to enable Ria Money Transfer (Ria) customers worldwide to send money directly into beneficiaries’ mobile money wallets has been launched in Accra.
Dubbed ‘Ria2Mobile’, the platform was developed in partnership with …
Media personnel on Thursday were trained on Cocoa and Forest Initiative (CFI), a programme being implemented by leading cocoa-producing countries and companies towards safeguarding forests.
The CFI is a programme, which has seen the gov…
The Sekyere Central District Assembly has distributed 300,000 cashew seedlings free of charge to farmers in the district as part of efforts to promote and support the Planting for Exports and Rural Development (PERD) programme to boost agr…
The Public Procurement Authority (PPA) has received a Quality Choice Prize Award in Berlin, Germany, from the European Society for Quality Research (ESQR) for its innovative initiatives.
The award was presented to Mr A. B. Adjei, the Ch…
MTN will soon start taking legal action against road contractors, individuals and public institutions, whose activities negligently destroy fibres belonging to the company, the Corporate Service Executive of MTN, Mr Samuel Koranteng has sa…
Participants at a day's stakeholders engagement on the 'Cylinder Recirculation Model (CRM)' being implemented by the National Petroleum Authority (NPA) have lauded the introduction of the concept to make LPG usage more safer in communities…
Parliament has approved a request to waive import duties, import VAT, GETfund levy, import NHIL, Exim levy and other imposts amounting to US$222,151 on equipment to be procured by Yedent Agro Processing Company Limited.
The waiver of th…
Investment fund managers, STANLIB Ghana, has recorded high returns on its investment funds amidst tight monetary regime last year.
This was revealed at the Annual General Meeting (AGM) for unitholders, held at the Stanbic Heights, Airpo…
US $50 million earmarked for AuSIP projects - Rudolf Schirmer Ampofo-Domfeh, founder of Augson Global
In a follow-up interview with Mr Rudolf Schirmer Ampofo-Domfeh, founder of Augson Global, after the launch of the Augson Investment Pr…
The benchmark index moderated by 1.46 points (-0.06%) to close at 2,328.79 with a -9.46% year-to-date return due to losses in two consumer goods stocks while market capitalization declined by 0.03% to settle at GH¢58.06 billion.
The G…
Rudolf Schirmer Ampofo-Domfeh, an emerging young businessman’s contribution to the growing economy of Ghana, and poverty alleviation.
-Transcript of an interview conducted by
by John Atanga, a PHD candidate at Walden University
In…
Fenix International, a company of ENGIE, offering Solar Home Systems across Africa has appointed co-founder and current COO Brian Warshawsky to the role of CEO
Brian Warshawsky, co-founder and current COO of Fenix to succeed the current…
Jaguar Land Rover partners with BASF in a pilot research project which aims to tackle the challenges of plastic waste
ChemCycling project takes plastic waste and recycles it into premium material for potential use in future Jagu…
Liquid Telecom Zambia, part of the pan-African Telecom Group Liquid Telecom, has announced that its retail arm, Hai Telecommunications Limited (Hai Zambia), is now part of Liquid Telecom Zambia.
This follows the acquisition of CEC Liqui…
In its continued commitment to youth empowerment through information communication technology, telecom operator, AirtelTigo hosted 40 young aspiring entrepreneurs from Junior Achievement (JA) Ghana to give them practical experience on how …
The Ghana Hotels Association has held a training seminar in collaboration with the Nigerian Hotels Association (Ogun Branch) in Accra.
Speaking in an interview, Dr Edward Ackah-Nyamike Jnr, President of the Association said that the tr…
When the world’s tennis elite gathers at the Center Court of Rothenbaum this Saturday, it can only mean one thing: The Hamburg European Open has begun. For the first time, the Hamburg-based company Edel-Optics will be partner of the presti…
Luxury brand Richemont is the latest firm to report a hit to business over ongoing protests in Hong Kong.
The Swiss company said political unrest in Hong Kong, a key market for its watches, has knocked sales.
Retailers in the territo…
The Board of Directors of the African Development Bank Group on Wednesday approved a $8 million-targeted financing to Kenya’s Credit Bank for lending exclusively to small and medium enterprises (SMEs) in construction, agriculture, renewabl…
In a continued effort to back the development of renewable energy the African continent, the EIB and FMO support the “renewAfrica” initiative, championed by RES4Africa
The European Investment Bank (EIB) and FMO adhere to the “renewAfric…
MTN, Africa's biggest mobile operator, on Wednesday announced the appointment of former Vodafone Ghana CEO Yolanda Cuba as group chief digital and fintech officer, as the company continues its push to diversify its revenue base beyond th…
On Wednesday 17 July in Abidjan, the Board of Directors of the African Development Bank approved a loan of €87 million to the government of Senegal, to implement its Project to Improve the Water Supply for the Development of Value Chains (…
Forward sale of 2020/21 cocoa beans from Ghana and Côte d'Ivoire has resumed.
It follows the cancellation of a suspension that was enforced by the two countries on June 11, 2019, a communiqué from the cocoa sector regulators in Ghana an…
The agreement includes support to the African Continental Free Trade Agreement - AfCFTA and women’s economic empowerment in Africa
The Economic Commission for African (ECA) and the OCP S.A. (formerly known as the Cherifien Office of Pho…
Smoked fish sellers at the Agbogbloshie Market in Accra have turned to frozen fish from cold stores for their business because of inadequate catch from the sea.
This has resulted in the high demand for frozen fish in Accra and Tema, w…
The number of electric car models available to consumers in Europe is expected to triple by 2021, says a European environmental lobby group.
The uptake of electric cars has been stalling, blamed on a lack of charging infrastructure and …
AGM Petroleum, an oil and gas exploration company has discovered oil at Ghana's South Deepwater Tano (SDWT) prospect.
The discovery was made known by the President and CEO of AGM's related company Aker ASA, Øyvind Eriksen in a letter …
The Sunyani West District Assembly (SWDA) has inaugurated 40 unit market stalls, built at a cost GHS84,661.61 at Tainso, a predominantly farming community, to boost the economic activities of the people.
The project, which was funded fr…
Databank MFund financial performance witnessed an increase in Assets under Management (AUM) from GH¢437.14 million at the end of 2017 to GH¢595.35 million at the end of 2018, representing a growth of 36 per cent.
The fund made a return …
Farmers benefiting from government's flagship programme of Planting for Export and Rural Development (PERD) have been called to use high yielding plant varieties in order to maximise yield and boost the agriculture sector.
Mr Dangana Ma…
Ghana and Cote D'Ivoire have lifted the suspension of cocoa sales for the 2020/2021 season, effective July 16.
The decision was contained in a joint communique issued and signed by Mr. Joseph Boahen Aidoo, the Chief Executive of the Gha…
Innovation leaders gather in Nairobi to unpack Intelligent Enterprise opportunities at SAP Innovation Day.
Keynote speaker, Professor Bitange Ndemo, Chairman of Kenya’s Blockchain and AI Taskforce
About 600 East African business,…
Acquisition enhances Visa integrated commerce payment management capabilities for clients worldwide
Visa (NYSE: V) today announced it has acquired Payworks, a Munich-based provider of next-generation payment gateway software for the Poi…
Biz Press Offices are a “glass box” game changer offering a window into 18 industry communities, who daily publish their values, ethos, culture and processes, from Africa to the world
"In an age of radical transparency, your internal cu…
Gains in two counters in the banking and beverage sectors led the GSE Composite Index higher, up 7.87 points (+0.34%) to close at 2,330.25 with a -9.41% year-to-date return while market capitalization increased by 0.14% to settle at GH¢5…
Staff and customers of ADB Bank last Saturday embarked on a six-kilometre business health walk from the Ayi Mensah Toll booth to the Peduase Lodge.
The walk, which was aimed at creating awareness of the bank and helping the staff to kee…
Globally, the pandemic of graduate unemployment is rising. According to an International Labour Organisation (ILO) report cited in the 2013 edition of the Economist, 75 million young people were looking for jobs.
International Labour Or…
Papa Owusu-Ankomah, Ghana’s High Commissioner to the UK & Republic of Ireland has urged UK businesses to partner the Ghanaian private sector especially at a time that the country seeks to expand its manufacturing base within the sub-regi…
The Greater Accra Regional branch of the Ghana Union of Traders Associations (GUTA) has welcomed the actualisation of the Africa Continental Free Trade Area (AfCFTA) Agreement and pledged its support for it.
According to the association…
· This marks the logistics group’s first partnership in Africa with the Teach For All network
· DHL volunteers will equip students with skills and experiences needed to enter the working world
DHL Express, DHL Global Forwarding and…
The Ghana Union of Traders Association (GUTA) says the 50 per cent reduction in benchmark value of imported goods and 30 per cent reduction on calculated value of vehicles in April, this year, have enabled many businesses to transfer some …
Chief Executive Officer of one of Ghana's leading pensions administrators, Negotiated Benefits Trust Company (NBC Ghana Trust), William Asiedu Yeboah has charged Ghanaians to take pensions seriously in order to reduce the burden on their c…
Players in the private sector have immense potential to accelerate the attainment of the United Nations (UN) Sustainable Development Goals (SDGs) in Ghana, the External Affairs Director of Vodafone Ghana, Mr Gayheart Mensah, has said.
H…
Mr Benjamin Aryee, the Advisor on Mining at the Ministry of Lands and Natural Resources, said more efficient equipment are needed to scale-up Artisanal Small-scale Mining (ASM), reduce cost and increase profit from the sector.
He said f…
Fidelity Bank has opened a digital branch at East Legon to serve residents and surrounding businesses with satisfactory banking services in a comfortable and friendly atmosphere.
A statement from the Bank to the Ghana News Agency said t…
The Managing Director of the National Investment Bank (NIB) Mr. Samuel Sarpong has assured Small and Medium Enterprises (SMEs) of the bank’s continuous support to help grow and sustain their businesses. He gave this assurance when he led a…
Moody’s Corporation (NYSE:MCO) announced today that it has agreed to sell its Moody’s Analytics’ Knowledge Services (MAKS) business to Equistone Partners Europe Limited (Equistone), a European private equity firm.
MAKS is a leader in kn…
Andersen Global is proud to announce a collaboration agreement with Cabex, one of the oldest legal and tax consulting firms in Senegal. Senegal thus becomes the thirteenth African country where Andersen Global has a member or collaborating…