The COVID-19 pandemic has posed numerous threats to the operations and financial sustainability of many businesses and resulted in dire economic consequences.
According to a recent COVID-19 Business Survey conducted by the Ghana Statist…
Galaxy S21 available with amazing gifts
The launch of Samsung’s latest S21 Series has been met with amazing reviews across the globe. The device empowers you to easily share and connect with state-of-the-art camera and video, a bold new…
OUT NOW! 2ND edition of “Billions at play” outlining the road to recovery for the African Oil and Gas Sector, post Covid-19
The book offers pragmatic answers and solutions to the historic challenges that the industry has faced throughou…
Fairtrade launches Virtual for all Middle East Africa 2021 Focus on MEA’s agrofood & plastprintpack sector on 18 to 20 May
After the great success of Virtual agrofood & plastprintpack Africa in November 2020, the German trade show speci…
ACCS signs 55-year ground lease with State of Alaska for new, runway-adjacent, 32.5-million-cubic-foot cold storage development at ANC
Alaska Cargo and Cold Storage, LLC (ACCS) and the State of Alaska executed a 55-year lease agreement …
Market Summary
The benchmark index advanced by 33.27 points (+1.69%) on the back of four counters to close the week at 2,002.29 with a 3.13% year-to-date return while the market capitalization increased by +0.70% to settle at GH¢55.07 bi…
The 7th edition of MMEC, Mozambique's longest lasting Mines, Energy, Oil and Gas event, will take place in April 2021 in a hybrid format
Event name 7th Mozambique Mining, Oil & Gas and Energy Conference and Exhibition
Event date 21 –…
Fitch Ratings has upgraded United Bank for Africa (Ghana) Limited's Long-Term Issuer Default Rating (IDR) to 'B' from 'B-' and Viability Rating (VR) to 'b' from 'b-'. The Outlook on the Long-Term IDR is Stable. A full list of rating action…
At a time when the world is being compelled to embrace the new normal, Vodafone Ghana is leading the way in redefining the role of Telcos in the new world through a systematic programme of digitalisation at scale.
The advent of the COV…
Scancom PLC (MTN Ghana) has received approval from the Regulator, Securities and Exchange Commission (SEC) to buy back over 1 million shares of applicants who failed to provide sufficient personal information to complete their Know Your Cu…
MTN Ghana Foundation has commissioned the Youth Employment and Entrepreneurial Project (YEEP) at Nsawam which saw 50 beneficiaries graduate with certificates in mobile phone repairs.
The project which was a partnership between the MTN …
The Board of GCB Bank Limited has announced the appointment of Mr. Emmanuel Odartey Lamptey as the new Deputy Managing Director (DMD) - Operations.
Mr Lamptey was sworn in as the DMD Operations and Executive Director of the Bank on Wed…
Like many other African countries, Ghana is still dearly paying for the unfortunate events of the 1970s. These events were generally characterised by chaotic military regimes, unsustainable debt accumulations the incessant appetite for sta…
The Producer Price Inflation rate for December 2020 increased by 7.0 per cent year-on-year.
This rate represents a 1.1 percentage point decrease in producer inflation relative to the rate recorded in November 2020 (8.1 per cent).
The…
The Ghana Revenue Authority (GRA) has said that it exceeded its revised revenue target of GH¢42,769.50 million for last year by mobilising GH¢45,338.69 million.
Following the achievement, the authority has set for itself a target of GH¢…
Stakeholders in the fishing industry are questioning the legality of a revocation order issued by former Minister of Fisheries, Madam Elizabeth Afoley Quaye on the 2021 first quarter licenses granted by the Fisheries Commission.
Madam Q…
InvestorBrandNetwork (“IBN”), an innovative corporate communications agency and diversified content distributor, has provided a summary of its 2020 milestones and 2021 plans. Noted achievements outlined by the agency included its focus on …
The African Youth Climate Hub (AYCH), an African Youth climate platform, today formally called for application to its Climate Start-up Incubation Program promoting sustainable development. AYCH as a partnership between the Mohammed VI Foun…
Global shares slipped off record highs on Friday as gloomy data reminded investors of the struggles facing the economic recovery, curbing a rally fuelled by hopes of U.S. stimulus by newly inaugurated President Joe Biden.
Sentiment in E…
Taiwan is under no illusions it can quickly sign a long hoped for free trade deal with the United States but feels when the time is right “success will flow naturally”, the island’s chief trade negotiator said on Friday.
Taiwan has long…
As part of efforts to ensure the success of the government's Special Rice Initiative programme, the Atiwa East Agriculture Department has provided rice farming equipment to five Rice Farmer Associations to minimize the stress they go thro…
There is a gradual rise in the patronage of Personal Protective Equipment (PPEs) in Nima of the Ayawaso East Municipal Assembly as a result of the COVId-19 second wave threat around the globe and in the country.
A survey conducted by th…
Economic and finance think tank, Center for Economics Finance and Inequality Studies CEFIS’ has projected that the cedi will end this year at GH¢ 6.45 to a dollar.
According to the think tank’s Cedi Outlook report, the projection is bas…
Shoppers bought far fewer clothes last year as lockdowns meant people had less opportunity to socialise and go out.
Clothes sales slumped 25%, the biggest drop in 23 years when records began, official figures suggest.
While shops hav…
UK government borrowing hit £34.1bn last month, the highest December figure on record, as the cost of pandemic support weighed on the economy.
It was also the third-highest borrowing figure in any month since records began in 1993, the …
Plan International Ghana in collaboration with MTN Ghana has commissioned a 'Youth Employment and Empowerment Project' (YEEP) at Nsawam in the Eastern Region to equip 50 out of school young people with skills in repairing mobile phones.
…
The Wassa-East quarry project with a call on companies, organizations, and individuals to patronize the factory in a bid to make Wassa-East a model quarry District in Ghana.
The factory, which forms part of the one District, one Factory…
Japanese car maker Nissan has told the BBC its Sunderland plant is secure for the long term as a result of the trade deal reached between the UK and the EU.
It said it will move additional battery production close to the plant where it …
Some operators in the Small and Medium Enterprise (SME) sector have called for increased assistance in the area of digitalisation to help them increase their value and productivity, especially post-COVID.
They said adopting digital to…
About 5000 Accounting Officers from various public sector institutions are to benefit from the International Public Sector Accounting Standards (IPSAS) Accredited Certification Training programme.
The training, which is a year-long prog…
The Public Interest and Accountability Committee (PIAC), the statutory body with oversight responsibility of the management and use of the country's petroleum revenues, has elected Professor Kwame Adom-Frimpong as its new chairman.
Prof…
Market Summary
The benchmark index advanced by 11.74 points (+0.59%) on the back of MTN Ghana (+1.49%) to close today’s session at 1,994.70 with a year-to-date return of 2.74% while the market capitalization increased by 0.22% to settle …
China is falling short of its commitment to buy an extra $200bn (£146bn) worth of US goods over 2020 and 2021.
China agreed to buy the goods in a trade deal with the US agreed last January in exchange for reduced tariffs on $120bn worth…
A new study by a team of Ghanaian economists in collaboration with the Brookings Institution has identified agro-processing and tourism as two of the sectors that could be relied on to potentially address Ghana’s worrying unemployment numb…
The Global Shea Alliance (GSA) has trained 50 Small and Medium-sized Enterprises (SMEs) on labelling and standards compliance to build their capacity on the registration and export processes that go into product certification in the countr…
The government has been urged to focus on homegrown policies to revive the economy post-COVID.
Mr Seth Terkper, former Finance Minister who made the call said this if not done the government might have no choice but to return to the I…
The Wa Small Taxpayer Office of the Ghana Revenue Authority (GRA) in the Upper West Region missed its 2020 revenue target by 19.6 per cent.
The office which comprises the Wa Municipal as well as the Wa West, Daffiama-Bussie-Issa, Wa Eas…
World stocks racked up record highs on Thursday and the dollar fell, as investors bet major stimulus from new U.S. President Joe Biden and unswerving global central bank support would cushion the coronavirus’s economic damage.
Europe’s …
Prices of foodstuffs at Garu market in the Upper East Region have increased after the Christmas and New Year celebrations, affecting incomes of traders and reducing the purchasing power of consumers.
The market looked deserted with some…
Dr Anthony Yaw Baah, Secretary-General of the Trades Union Congress (TUC), has charged union members in the agricultural and forestry sectors to strengthen collaboration and fight against the destruction of Ghana's forest.
He said the b…
Refinitiv joins forces with The Sentry, Co-founded by George Clooney and John Prendergast, to prevent war criminals abusing the financial system
The Sentry to provide Refinitiv with open-source data to enhance its World-Check dataset …
MSGBC Oil, Gas and Power 2021, organized by Africa Oil & Power under the auspices of H.E. President Macky Sall, will be held on 26-27 October 2021, in Dakar.
This event will be the leading investment platform for West Africa’s oil, gas …
LG Chem to seek innovative ideas for sustainable technologies worldwide through 3rd global innovation contest
LG Chem (KRX: 051910) announced on 20th January that it will host the 3rd Global Innovation Contest (GIC) for leading universi…
Market Summary
Two banking and one telecom counters drove the benchmark index 15.72 points (+0.80%) higher to close the session at 1,982.96 with a 2.13% year-to-date return. The market capitalization increased by 0.30% to settle at GH¢54.…
Three Chinese telecom giants have asked the New York Stock Exchange (NYSE) to review its decision to delist them.
The NYSE initially said it would delist China Unicom, China Mobile and China Telecom on 7 January based on a Donald Trump …
Dr Anthony Yaw Baah, Secretary-General of the Trades Union Congress (TUC), has charged union members in the agricultural and forestry sectors to strengthen collaboration and fight against the destruction of Ghana’s forest.
He said the b…
A former Director at the Animal Research Institute of the Council for Scientific and Industrial Research (CSIR-ARI), Dr Naminong Karbo, has observed that the country must endeavour to separate maize meant for human consumption from those m…
Prices rose at a faster rate in the UK in December, despite Covid curbs that forced non-essential shops to shut.
Consumer Prices Index inflation jumped to 0.6%, from 0.3% in November, pushed higher by rising transport and clothes prices…
Alibaba Group founder Jack Ma has made his first appearance since Chinese regulators cracked down on his business empire.
His absence had fuelled speculation over his whereabouts amid increasing official scrutiny of his businesses.
T…
The Juaben Municipal Assembly in the Ashanti Region is building the capacities of its revenue officers to help increase revenue collection and improve on its Internally Generated Funds (IGF).
Mr Kwadwo Ansah-Sem, Municipal Chief Executi…
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