The Ministry of Local Government and Rural Development (MLGRD) has developed a digital platform to simplify the issuance of Business Operating Permits (BOPs) in all the 29 Districts of the Greater Accra Region.
Hajia Alima Mahama, Minis…
Financial policymakers and experts drawn from institutions and enterprises in China and Africa met in Nairobi on Tuesday to discuss how to accelerate investment and collaboration for financial inclusion in Africa.
At the "2019 China-Afr…
Madam Mariama Kadiri, a forty two years old smallholder farmer at Tolon in the Northern Region has expanded her agribusiness that includes the cultivation of groundnuts, rice and her shea butter production.
Her processing of rice from p…
The Managing Director of GCB Bank, Mr Anselm Ransford Adzetey Sowah, has revealed that the bank will expand its operations into the West Africa sub-region, beginning with the English-speaking countries.
The bank is also exploring opport…
Vice President Dr Mahamudu Bawumia, says it is prudent to strengthen the public institutions to protect the public purse, enhance good governance and create equal opportunities for all to break the vicious cycle of poverty and corruption.
…
The Group Chairman of Fidelity Bank Group, Mr Edward Effah, and the immediate past Managing Director (MD) of Fidelity Bank, Mr Jim Baiden, have been honoured with Lifetime Business Builder Achiever awards at the Fourth Business Chief Execu…
No longer just a buzzword, cloud has become a hot commodity and organisations are migrating based on the benefits.
More and more businesses across Africa are making the move towards cloud and subsequently, managed services. No lon…
The benchmark index moderated by 1.06 points (-0.04%) amid gains in GCB Bank Limited to close at 2,444.16 with a -4.98% year-to-date return. The decline was due to downward price movement in two counters in the banking and pharmaceutical…
The Ghana Cocoa Board (COCOBOD) plans to reduce its reliance on short-term debts, particularly the annual cocoa loan, in favour of long-term bonds to help provide breathing space for the board and reduce the repayment pressures posed by th…
While online shopping is yet to be fully accepted by all Nigerians as a medium of commerce, it has grown significantly in recent years to the extent that it not only rivals the brick and mortar shops for sales, but it also threatens their …
Ghana’s leading telecommunications company, MTN Ghana, has been named Company of the Year in The Diamond SABRE Awards for Excellence in Public Relations in the C-Suite category at the 2019 Superior Achievement in Brand Reputation and Engag…
We offer our deepest condolences to the families and friends of those killed, and wish a quick recovery to all who were wounded
The United States condemns in the strongest terms last week’s terror attacks in Niger, as well as recent att…
The African Development Bank and the Zero Emissions Omissions Coalition, an advocacy group dedicated to mobilising support for climate change, have met to discuss the Bank’s role in leading clean energy production on the continent and grea…
SAP Innovation Day shines spotlight on public-private partnership in Ghana’s rise to innovation leader
Skills development, collaboration key to reaching ambitious digital economy and growth priorities in West African region.
“With t…
2019 report highlights
Region: Sub-Saharan Africa
Executive summary
Our 2019 survey reveals that financial crime remains prevalent. Nearly three quarters (72%) of organizations across the globe reported that they were aware of fi…
Johnson & Johnson, one of the world's largest drug manufacturers, has gone on trial in a multi-billion dollar lawsuit by the US state of Oklahoma.
Prosecutors accuse the firm of deceptively marketing painkillers and downplaying addictio…
A US move to put Huawei on a trade blacklist "sets a dangerous precedent" that will harm billions of consumers, the firm's top legal officer said.
Speaking at a press conference, Song Liuping said the trade ban would also "directly harm…
Ghana Cocoa Board (Cocobod) plans to issue up to two billion dollars in bonds to pay off some legacy debts on its books, Mr Ray Ankrah, Deputy Chief Executive Finance, has said.
Speaking at a meeting with executives of Standard Bank Gro…
The International Air Transport Association (IATA) released data for global air freight markets showing that demand, measured in freight tonne kilometers (FTKs), fell 4.7% in April 2019, compared to the same period the year before. This co…
Cargill has released its2017/2018 Cargill Cocoa & Chocolate Sustainability Report showing the footprint of its commitment to achieving supply chain traceability, empowering cocoa farmers, and tackling pressing issues such as deforestation,…
Cargill has released its2017/2018 Cargill Cocoa & Chocolate Sustainability Report showing the footprint of its commitment to achieving supply chain traceability, empowering cocoa farmers, and tackling pressing issues such as deforestation,…
Mr Maxwell Akandem, Chief Executive Officer of Akandem Farms has appealed for support for small holder farmers to shift away from old ways of subsistence farming.
He said there was the need to move away from farming for consumption to a…
The Ghana Cocoa Board on Tuesday announced that the purchases of the 2018/2019 main crop cocoa season would cease at close of business on Thursday, May 30, 2019.
A statement issued and signed by Mr Joseph Boahen Aidoo, the Chief Executi…
Professor John Victor Mensah, a Professor of Development Economics at the School for Development Studies (SDS) of the University of Cape Coast (UCC) has advocated for the building of livable, capable, secured and competitive communities in…
Mr. Kwabena Okyere Darko-Mensah, the Western Regional Minister has called on the Jubilee Partners (Tullow /ENI) to as a matter of urgency implement the proposals in the spatial plan for the six coastal districts to ensure growth and develo…
Mr Anselm Ransford Adzetey Sowah, the Managing Director of GCB Bank, has revealed that the Bank plans to expand its operations into the West Africa sub-region, beginning with the English-speaking countries.
A statement from the Bank to …
GCB Bank Limited has introduced the 'EasyPick Promotion' to provide a convenient and affordable shopping experience to its salaried customers.
A statement from the Bank to the Ghana News Agency, said the promotion was opened at selected…
Market Summary
Cal Bank Limited advanced by 6.25% on news it will deploy 2,000 agents for its agency banking strategy. Consequently, the GSE Composite Index gained 1.16 points (+0.05%) to close at 2,445.22 with a -4.94% year-to-date r…
Companies intend to spend 51% more to detect and prevent financial crime; cloud-based data and technology the top choice, followed by Artificial Intelligence (AI) and Machine Learning (ML).
Refinitiv, one of the world’s largest provider…
Altran, the global leader in Engineering and R&D services, today announced it is using Wind River Titanium Cloud [1] to develop an end-to-end network functions virtualization (NFV) solution. By incorporating NFV in the data center and at …
Key to enabling African economies to make the most of their opportunities is developing infrastructure in the region. Across the continent, new laws are being implemented and alternative sources of infrastructure funding are being sought i…
Canada-based financial analyst and investor, Mr Richard Gorab, has termed the most recent banking sector reforms by the Bank of Ghana (BoG) as a step in the right direction.
He said although the action might seem harsh and harmful to …
Ecobank Ghana has deferred the payment of its 2018 dividends to shareholders to future growth in a bid to build its reserves after meeting the GH¢400 million minimum capital requirement.
Though the bank recorded a profit after tax of …
The GCB Bank lost almost half of the deposits it inherited from the UT Bank and the Capital Bank to panic withdrawals, four months after absorbing all the liabilities and selected assets of the collapsed banks, its Deputy Managing Director…
Tullow Ghana Limited (TGL) plans to pump in investments worth $250 million in its operations in 2019.
The planned investment is in line with the vision of the parent company, Tullow Oil plc, to scale up its investments within Africa.
M…
MacKenzie Bezos, the ex-wife of Amazon boss Jeff Bezos, has promised to give half her fortune to charity.
She joins billionaires such as investor Warren Buffett and Microsoft founder Bill Gates in the Giving Pledge.
The pledge was st…
Fidelity Bank Ghana Limited, the CIMG Bank of the Year, has reiterated its strong commitment to partnering the Asantehene Otumfuo Osei-Tutu II and key institutions towards developing the nation.
A statement from the Bank to the Ghana Ne…
The Bank of Ghana (BoG) has received GH¢900 million to undertake a clean-up of the troubled microfinance sub-sector of the financial services industry.
The move is part of cleaning up the GH¢7 billion debt crisis that has hit a large …
The National Lottery Authority (NLA), in collaboration with the Nation Builders Corps (NABCO) Secretariat, has trained a number of graduates on Solar Panels Installation and Maintenance as part of the NLA Solar-powered e-Kiosk Project.
…
Kinaya ventures launches spring fellowship, an accelerator program that will bring traction for tech-enabled startups, and the opportunity to enter into new markets.
A Research and Development (R&D) programme dedicated to identifying su…
The Ghana Statistical Service (GSS) estimates that it could cost the country around GH¢500 million to conduct a National Census in 2020 to determine the number of persons living in the country and the kind of houses they reside in.
Th…
The Monetary Policy Committee of the Bank of Ghana kept the policy rate unchanged at 16 per cent for the second session in a row, citing rising inflation expectations in emerging economies.
Addressing a press conference in Accra on Mond…
Austrian President Alexander Van der Bellen has said Ghana currently ranks as the most important destination in Africa for Austria and Austrian businesses.
He said the management of the Ghanaian economy, especially over the last two yea…
Vodafone Egypt deploys Nokia Subscriber Data Management over telco cloud for faster rollout of LTE services
Vodafone Egypt can consolidate data across different networks with Nokia Subscriber Data Management (SDM)
Deployme…
Glo Mobile Ghana has introduced new products aimed at giving telecommunication subscribers in Ghana, additional value to significantly improve their communication experience.
The products are for voice and data subscribers.
They ar…
The GSE Composite Index moderated by 12.62 points (-0.52%) due to downward price movement in two counters in the telecom and agro-processing sectors to close at 2,444.06 with a -4.98% year-to-date return while market capitalization decli…
Lifestyle brand to open in Cape Town’s vibrant Longkloof precinct
Hilton (NYSE:HLT) (www.Hilton.com) today announced the signing of a management agreement with Growthpoint Properties, South Africa’s largest REIT, to open a hotel under i…
Frank Omondi is a wildlife biologist turned entrepreneur. His desire to lead a business that makes a positive impact on the community led him to become the managing director of Ten Senses Africa, a fair trade cashew and macadamia nut proce…
Oil rose to about $69 a barrel on Monday, supported by Middle East tensions and OPEC-led supply cuts, though concern over the U.S.-China trade dispute and global economy capped gains.
Supply cuts - both voluntary by the Organization of …
Narendra Modi has secured a historic second election victory.
Indian stocks and the rupee rose to welcome the news: another parliamentary majority for the BJP party could grant Mr Modi the opportunity to make promised reforms a reality.…