African governments must create synergies with technology experts to formulate tailored policies to help propel rapid development in the continent, the Executive Chairman of Softribe, Mr Herman Chinery-Hesse, has advocated.
Mr Chinery-H…
The Fourth Business Chief Executive Officers (CEOs) Summit opened in Accra on Monday to explore the capacity of the ongoing technological revolution to transform the Ghanaian economy.
The two-day Summit, which attracted more than 400 CE…
The market opened the week bullish due to gains in MTN Ghana (+1.39%), Ghana Oil Company Limited (+0.43%) and Ecobank Ghana Limited (+2.94%) to close at 2,434.14 with a -5.37% year-to-date return while market capitalization increased by …
As part of efforts to support quality healthcare in its operational areas, Newmont Goldcorp Ghana’s Ahafo mine has cut sod to construct a 4-unit 2-bedroom 2-storey doctors residence and children’s ward for the proposed Kenyasi District Hos…
GLIDE is pleased to announce the annual eBay for Charity Auction for Power Lunch with Warren Buffett, which will begin at 7:30 pm PDT on Sunday, May 26 and end at 7:30 pm PDT on Friday, May 31, 2019. This year marks the 20th anniversary of…
Weekly Highlights
April’s Inflation upped by 0.2 percentage point
Yield on the 182-Day T-Bill upped by 12 basis points.
GSE recorded another round of weekly gain.
Cedi staged a strong recovery against the British pound, as the …
Dangote named among greatest leaders on Earth…global leaders laud his public spirit
Foremost philanthropist and richest man in Africa, Aliko Dangote has been rated 11th of the 50 World’ Greatest leaders for 2019
The rating carried ou…
The ECOWAS Regional Electricity Regulatory Authority (ERERA) will hold the first meeting of its Tariff and Performance Working Group (TPWG) on May 28 and 29, 2019 in Accra to begin the process of approval of the Transmission Pricing Model,…
Royal Mail has announced plans for the UK's first-ever parcel postboxes.
The company said 1,400 of the new postboxes would be installed across the country in more than 30 locations over a six-month period, starting in August.
Locatio…
Some small and medium enterprises (SMEs) in the oil and gas, equipment and technical service sectors have commended the Business Advisory and Enterprise Development Department of the Petroleum Commission for creating an enabling environmen…
The President of the International Fund for Agricultural Development (IFAD), Gilbert F. Houngbo, will be in Maputo, Mozambique for the Growing Blue Conference where he will speak to the need for greater investment in sustainable developmen…
Karpowership has been adjudged the Outstanding Independent Power Plant of the year at the West Africa Business Excellence awards held in Accra at the weekend.
The Award aims at recognizing companies and individuals who have played a sig…
MTN Ghana limited, would this year invest USD 160 million in the upgrading and expansion of its network as it rolls out G4+.
Mr Selorm Adadevoh the CEO of MTN who made this known at the MTN Y'ello soiree held for its customers in Takor…
Japan's economy unexpectedly grew in the three months to March, shrugging off forecasts for a contraction in the world's third largest economy.
The economy grew at an annualised 2.1% in the period, preliminary gross domestic product (GD…
Mr William Owuraku Aidoo, the Deputy Minister of Energy in-charge of Power has commissioned a $2.3 million electrification project aimed at improving the economic fortunes of residents in the New Abirem Constituency.
The project connect…
Ecobank Ghana will continue to leverage on its digital platform to support government's agenda to deepen financial inclusion and promote a cash-lite society as well as to enhance customers' satisfaction.
Mr Daniel Sackey, Managing Direc…
The Energy Foundation in Ghana has launched the Energy Efficiency for Households, Small and Medium scale Enterprises (SMEs)to train and certify 280 qualified energy advisors.
The project will introduce the best practices in energy effic…
Introduction
There have been decades of development plans/ frameworks, education reforms, education strategic plans (education policy), curriculum planning, design and textbook and syllabus development in Ghana. And yet, transforming educ…
By Morne van der Merwe, Managing Partner, and Wildu du Plessis, Head of Africa at global law firm Baker McKenzie in Johannesburg
Ahead of the Baker McKenzie African Transactional Summit taking place in Johannesburg in May 2019, Baker Mc…
Market Performance
Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Losers
Market Summary
Gains in four counters in the telecom and banking sectors pushed the benchmark index up…
Ecobank Ghana Limited (+0.15%) advanced due to a 51% growth in profit before tax and a 22% growth in total assets in the bank’s 2019 first quarter earnings results. Consequently, the financial index opened the week on a positive note, up…
Ecobank Ghana’s initiative to promote a cashless system is yielding the desired results with more than 15,000 merchants signing on to the digital product, EcobankPay Zone.
The digital product, which is designed to promote financial incl…
The Benso Oil Palm Plantation Limited (BOPP) increased its production capacity in 2018 by processing 115,566 metric tonnes of palm fruits.
The increased capacity showed a six per cent increase of what the company did in 2017.
The …
The Ministry of Communications has tasked the National Communications Authority (NCA) to immediately liaise with the mobile network operators in the country to determine the prevalence of fake mobile phones in use and the level of potentia…
The Chief Executive Officer of Spektra Global, Mr William Halm has urged investors to take advantage of the country’s widening housing deficit to create wealth through the real estate sector.
He said the housing deficit, which currently…
Players in the insurance industry will gather at the plush Kempinski Ambassador Hotel in Accra on June 26 to celebrate the achievements of practitioners and institutions and chart a new course for the industry.
It will be the second edi…
Stanbic Bank Ghana’s ‘MobyCash’, a market leading innovation which provides clients with secure and convenient on-location cash management, has been recognised as the most innovative digital product in the Cash Management sector by the Glo…
Wine lovers have reacted with shock, and perhaps some envy, after it was revealed that a customer at a Manchester restaurant was given a £4,500 bottle of wine - instead of the one they ordered.
Why is some wine so eye-wateringly expensi…
The fourth CEOs Summit scheduled for May 20-21, 2019 will focus on how to explore the ongoing technological revolution to transform Ghana’s economy, the convenor of the summit, Mr Ernest De-Graft Egyir, has stated.
He said this year’s…
Mr Phillip Owiredu, Executive Director of CAL Bank Limited on Thursday said the bank will continue to leverage on technology to improve on its operations and provide quality service to its customers.
He said Management had developed a n…
Mr Isaac Osei, Managing Director of the Tema Oil Refinery(TOR), says the country's refinery must be allowed to refine portions of Ghana's crude oil for the local market instead of selling all on the international market.
Mr Osei note…
Dressed in a smart black pantsuit behind the wheel of her pearl-white Audi, Zhao Na has come a long way from her roots in rural Henan province, in central China.
The 29-year-old real estate agent cheerfully admits to having shopaholic w…
EasyJet's chief executive, Johan Lundgren, has defended his airline's high ticket prices to fly to Madrid for the Champions League final between Tottenham and Liverpool on 1 June.
Football fans complained to BBC Radio 5 live that flight…
The Ministry of Employment and Labour Relations in collaboration with the European Union has organised technical assistance training for Labour Inspectors to enhance employment coordination and functions of the ministry.
The training, w…
The Government has been urged to increase its budgetary allocation for the procurement of start-up kits to enable Business Advisory Centers (BAC) in the various local Assemblies, reach out to more beneficiaries.
Mr. Michael Opoku, the P…
ECONOMIC OPENNESS REACHES HIGHEST LEVEL GLOBALLY, SPREADING GLOBAL TRADE, INNOVATION AND PROSPERITY YET MANY WESTERN COUNTRIES’ INSTINCT TO PROTECT AND TURN INWARDS, COMBINED WITH A WIDER STAGNATION IN THE QUALITY OF GOVERNANCE GLOBALLY IS…
Total Petroleum Ghana Limited a locally listed oil marketing company has held its Annual General Meeting (AGM) in Accra.
Reviewing the performance for 2018, Samba Salfal Seye, the Board Chairman, stated that the Company recorded a 32.6%…
The Public Utilities Regulatory Commission (PURC) has announced that it resolved 95 per cent of complaints of residents within the Tamale Metropolis against utility providers to improve services.
A statement signed and copied to the GNA…
MTN Ghana has launched its 2019 Internet Festival, dubbed: "iFest" in Accra to educate customers on the relevance of using the internet to enhance their everyday lives.
iFest 2019, which is the nineth in the series, focused on three the…
Access Bank Ghana has emerged “Bank of the Year” at the maiden edition of the Women’s Choice Award Africa, held in Accra.
The Bank of the Year award is in recognition of the bank’s efforts at promoting financial inclusion and its cont…
Online giant Amazon has announced a big investment in food courier Deliveroo.
The exact figure was not given, but Amazon is the biggest investor in Deliveroo's latest round of fund raising, which in total raised $575m (£450m).
Delive…
The low domestic revenue mobilisation to finance economic growth risks leading the country into accumulating more debt, which can derail macroeconomic gains.
It could also force the government back to the International Monetary Fund (…
It may entirely be poisonous to feed from the ‘business is difficult these days’ chorus, advises CEO Summit Founder, Ernest De-Graft Egyir, who says there are great Ghanaian business success stories to learn from.
Such are the businesse…
Indigenous Ghanaian businesses and joint ventures executed upstream oil and gas contracts totalling $10.6 billion in the last 10 years, Tullow Oil Ghana has disclosed.
The Executive Vice-President of Tullow Oil Ghana, Mr Kweku A. Awot…
An advocacy organisation, House of Liberation for Empowerment (HOLIFE) has given the assurance that women farmers in Upper West will receive credit facilities for farming if they form identifiable groups and acquire farmlands.
The women…
International oil companies (IOCs) and Joint Venture companies have been called upon to help build and develop indigenous Ghanaian companies to their full capabilities within the oil and gas industry.
Mr Egbert Faibille Jnr., Chief Exe…
Donald Trump's book The Art of the Deal could give you some insight into how he is negotiating with China amid the current trade war.
One of his business philosophies is called negative thinking - anticipating the worst outcome, and pre…
The Asantehene Osei Tutu II has commended AirtelTigo for its continued support and investment in education, specifically its efforts in improving the lives of children within deprived communities across the country.
The Asantehene made …
The Management of the Pan-African airline, ASKY, has launched its mobile Application.
The application, according to the airline, allows its customers to consult all the options offered by ASKY, whether for booking reservations, purchasi…
MTN Ghana on Wednesday presented a cheque of GH¢9.937million to the Social Security and National Insurance Trust (SSNIT) as dividend accrued from the company's operations in 2018.
Mr Modupe Kadri, the Chief Financial Officer, MTN Ghana,…