Danish jewellery maker Pandora is cutting another 1,200 jobs, on top of 700 announced in February.
The announcement was made by Alexander Lacik who took over as chief executive last month and replaced Anders Colding Friis who left last …
Every adult in the UK should receive a weekly basic income of £48, according to the recommendations in a new report.
The move could be paid for by scrapping more than 1,000 tax reliefs, Professor Guy Standing's report says.
The Labo…
US trade representative Robert Lighthizer has accused China of backtracking on commitments in trade talks, but insisted a deal on tariffs is still possible.
He said President Trump's threat to impose new taxes on Chinese exports came af…
The International Monetary Fund (IMF) has observed that state-owned enterprises (SOEs) in the energy sector are reeling under cash flow problems and inefficiencies that collectively make the sector a threat to fiscal stability.
It menti…
The annual 2018 Debt Management Report submitted to Parliament includes a key update of Ghana’s end-2018 budget deficit.
Other updates in March 2019, after the passage of the 2019 Budget, included the IMF Board Report on the ECF Program…
Over 250 Small and Medium Enterprises (SMEs) in Ghana have benefited from Barclays Bank’s tailor-made capacity building programme aimed at educating and assisting the SMEs on running sound and sustainable businesses.
The Bank recently h…
The Ghana Export Promotion Authority (GEPA), last Thursday held an export financing forum in Accra at which ways of bridging the financing gap between banks and micro, small and medium enterprises (MSMEs) were discussed.
The forum forme…
The Chief Executive Officer of AGM Petroleum Ghana Limited (AGM), Mr Atle Andresen, says the company’s entry into Ghana’s upstream oil and gas space signifies hope for the oil industry in the country.
Parliament has ratified the revised…
The benchmark index opened the week on a bullish note, led by a 2.94% gain in Scancom PLC (MTNGH). The GSE-CI climbed 18.62 points (+0.80%) to close at 2,333.36 with a -9.29% year-to-date return while market capitalization increased by 0…
Jurni South Africa, the world’s first travel and data management company has been launched with a pledge to roll out an information hub that will collect real time data on South Africa tourism by December this year.
The initiative exp…
In keeping with its commitment to improve the standard of Ghana's currency, the Bank of Ghana (BoG) yesterday began the circulation of the newly upgraded cedi notes.
However, there was a slow start to the circulation exercise as many of…
Volatile political and economic activity around the globe dictates gold’s movements in 2018
New York/London/Johannesburg: Today Refinitiv released the GFMS Gold Survey 2019, the 52nd in the series of annual Surveys, looking at the shift…
WorldCover, the insuretech startup which launched out of Y Combinator in 2016 and provides affordable satellite enabled climate insurance to smallholder farmers in emerging markets, announces the close of a $6 million Series A funding roun…
Hughes Networks Systems to supply the ground network system
General Dynamics SATCOM Technologies selected to provide sven antennas; Hughes Networks Systems to supply the ground network system
Eutelsat Communications (Euronext…
Japanese trading house Mitsubishi Corp and MUFG Bank plan to rescue plant engineering company Chiyoda Corp with a $1.4 billion lifeline, betting on a turnaround fueled by greater LNG demand, the Nikkei newspaper reported on Monday.
Chiy…
The We Company is a business that defies description, at least according to its co-founder and chief executive Adam Neumann.
But for many it's the firm's valuation that is really defying explanation.
As it prepares for a stockmarket …
The Bulk Oil Storage and Transportation (BOST) Company is set to construct pipelines for the distribution of fuel products in Ghana to help ease the burden of cost in the use of road transport.
The pipelines from Tema-Akosombo-Kumasi …
The Informal Hawkers and Vendors Association (IHVA) of Ghana has called on the government to come up with a comprehensive policy to regulate the activities of street hawkers and vendors in the country.
The absence of a clear policy fram…
The Government has signed two separate contract agreements with the Chinese Government to secure one billion dollars facility to revamp Ghana's Railways sector.
Mr Joe Ghartey, the Minister of Railways, said the two agreements, of 500 m…
The Third Edition of the Africa Oil and Gas Local Content Sustainability Conference and Exhibition 2019 (ALC) will take place from October 10-11, in Accra.
A statement issued by the AME Trade United Kingdom, and copied to the Ghana News…
After an upsurge in the first quarter 2019, the Cedi regained strength to remain relatively stable in the month of April 2019. The rebound of the Cedi among other factors was due to the withdrawal of both foreign currency and foreign excha…
Today, afb Ghana, a subsidiary of regional inclusive finance group, Letshego Holdings Limited (“Letshego Group”) reported positive growth and strong results for 2018. This was disclosed when the company took its turn at the Facts behind th…
Stock markets in China and Europe have been hit after US President Donald Trump threatened new tariffs on China, putting a trade deal in doubt.
He said on Twitter the US would more than double tariffs on $200bn (£152bn) of Chinese goods…
Insurance companies have been challenged to take the necessary steps to make the industry very attractive to people.
According to the Deputy Commissioner of the National Insurance Commission (NIC), Mr Kofi Andoh, enforcing strict rule…
Cortex Group Launches Cortex Ventures & Click-2-Pitch Challenge: Africa’s First Artificial Intelligence (AI) Only Focused Venture Capital Company.
The Cortex Group (Pty) Ltd is an Artificial Intelligence (AI) focused holding company, …
Marriott International reveals enticing seasonal offer at over 250 properties in 29 countries across the Middle East and Africa
Explore exciting destinations and experiences and enjoy 25% off with complimentary breakfast for Marriott Bo…
Total announces that it has reached a binding agreement with Occidental to acquire Anadarko’s assets in Africa (Algeria, Ghana, Mozambique, South Africa) for a consideration of 8.8 billion $ in the event of a successful completion of Occid…
The MD/CEO of First Atlantic Bank Mr Odun Odunfa yesterday May 4th 2019 was adjudged the OUTSTANDING BANKING & FINANCE CEO OF THE YEAR 2018 yesterday at the 9th Ghana Entrepreneurs & Corporate Executives Awards 2019 held at the Movenpic…
Senior Nigerian government officials and key investors have endorsed the African Development Bank’s Special Agro-Industrial Processing Zones (SAPZ) initiative, describing it as a pathway to Africa’s agricultural revolution.
SAPZs are de…
Fiat Chrysler Automobiles NV (FCA) said on Friday that new U.S. pickup truck models would help the automaker achieve its 2019 profit targets and offset a weak performance in the first quarter.
That renewed forecast sent FCA’s shares up …
Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them.
1/SELL IN MAY?
With cross-asset volatility at record lows, it’s a great backdrop for inves…
A cloud of apprehension is swelling up in the corridors of the PMMC Jewellery Ltd (PJL), a subsidiary of the Precious Minerals Marketing Company Limited after its Executive Director, Mr. Mayank Shah was told on Monday, April 29 he had been…
President Nana Addo Dankwa Akufo-Addo, has cut the sod for work to commence on the redevelopment of the Kumasi Central Market, the largest open space Market in West Africa.
At an impressive ceremony at Kejetia, the central business hub …
Afb Ghana, a subsidiary of regional inclusive finance group, Letshe go Holdings Limited reported positive growth and strong results in 2018.
The company’s profit after tax year-on-year increased to GH? 9 million from 8.2 million in 20…
Kasapreko Company reiterates commitment to reducing unemployment …commends Asantehene on 20th anniversary
Kasapreko Company Limited, one of the leading and successful beverage producing companies in Ghana has celebrated Otumfuo Osei Tut…
The Ghana Revenue Authority (GRA), has launched a policy document in Kumasi to guide the arrest and prosecution of tax defaulters and evaders in the country.
The aim is to use prosecution as an effective tool to ensure tax compliance am…
With the consummation of three mergers and the impending issuance of bonds by the Ghana Amalgamated Trust to recapitalize five indigenous banks, the restructuring of the country’s universal banking industry is drawing to a close at last. H…
Women in Business Annual Leadership Meeting 2019: Innovation and Technology at the Heart of the Debate
The AFRICA CEO FORUM extends its commitment to the advancement of women’s leadership by organizing the second edition of the Women…
Ghana is participating in the 26th edition of the Agrishow being held in Ribeirao, Brazil.
Agrishow is the world’s third largest agric trade event and the most important agricultural technology trade show in the world.
It brings tog…
Development impact on the continent and security in the Sahel were among the top issues discussed in a recent meeting between United Nations Secretary General António Guterres and African Development Bank President Akinwumi Adesina in New …
Dangote, Ovia, Otedola and More Invited to Join 1000+ Global Business Leaders U.S.-Africa Business Summit in June
Corporate Council on Africa’s (CCA) President and CEO, Ms. Florizelle Liser met with key stakeholders in the public and pr…
The US unemployment rate dropped to its lowest level for more than 49 years in April, according to official figures.
The jobless rate fell from 3.8% to 3.6%, the US Labor Department said, the lowest rate since December 1969.
However,…
More than 30 firms and institutions have benefited from a day's training workshop on Corporate Social Responsibility (CSR) and the basics of sustainability reporting.
The programme was organized by the Eastern and Volta Branch of the A…
Ecobank Transnational Incorporated (ETI) says its measures to strengthen its foundations and position the bank to deliver long-term shareholder values is yielding positive results.
“When we implemented our roadmap to leadership strate…
Market Summary
The benchmark index moderated by 7.29 points (-0.31%) due to downward price movement in five counters in the banking and petroleum marketing sectors to close at 2,337.03 with a -9.14% year-to-date return while market ca…
The Chartered Institute of Marketing, Ghana (CIMG) has elected a new Governing Council to steer the affairs of the institute for a two year period, starting from 2020.
This was after elections were conducted at the institute’s 30th Annu…
AirtelTigo today announced it is deepening its long-standing commitment to the communities in the Ashanti, Bono and Ahafo regions with the launch of “Yεn Nk?so? Nti” (for our development), an initiative aimed to improve the lives of childr…
The ARB Apex Bank grew its balance sheet from GH¢326.4 million in 2017 to GH¢394.5 million in 2018.
This represents a growth of 20.9 per cent.
Its total operating income increased to GH¢55.5 million, representing a growth of 13.5 per…
8th Africa HR Leaders Conference: NEW DATE: 9-10 MAY,2019
@ Tomreik Hotel, East Legon,Accra, Ghana
LEADING AFRICA'S HR PROFESSIONALS TO SUCCESS AT THE FUTURE WORKPLACE !
150+ HR professionals| 20+Expert Speakers
|2 Inspiring Da…
The 100% African hotel group chooses Morocco as its new hub and confirms the opening of 7 new hotels during 2019
With several openings in Morocco, namely in Rabat, Casablanca and Tangier, ONOMO Hotels (OnomoHotel.com) invests in North A…