The announcement comes a day after a meeting of the Bank’s governors in Washington D.C. to continue discussions on a 7th General Capital Increase
On the sidelines of the World Bank-IMF Spring meetings, Canada announced a $1.1 billion co…
The Stock Market Remains Bearish!!!!!!
Ghanaian stocks delivered negative returns for the week as the Composite Index was down 2.63% from the previous week to record the worst performance for the year.
The Financial Stock Index reco…
Drinks giant Diageo has announced that it is removing plastic from multipacks of its Irish stout brand Guinness.
Plastic ring carriers and shrink wrap will be also removed from packs of Harp, Rockshore and Smithwick's beers, as part of …
MTN recently held a Media and Stakeholders’ encounter at the company’s head office in Accra where the CEO, Mr Selorm Adadevoh and the Management Team took invited guests through achievements of 2018 and the plans for 2019. They declared th…
After cleaning up the banking sector, the Bank of Ghana (BoG) is now set to raise GH¢7 billion from the government to support distressed savings and loans companies and other finance houses.
In an exclusive interview with the Governor o…
The use of digital technology is on the rise in Africa, as proven by Tafel lager’s successful ‘Beat of Namibia’ campaign
Gone are the days when Africa had a reputation for lagging behind the rest of the world when it comes to the adopti…
Aeroderivative gas turbines provide lower emissions and much smaller footprint therefore ensuring cleaner power and freeing land for other usesWhitepaper argues case for aeroderivative gas turbines; Highlights key advantages such as provid…
Canada is willing to temporarily increase its subscription of callable capital at the African Development Bank by up to US$1.1 billion
The African Development Bank (AfDB) is a key institution that plays a critical role in the growth and…
Remittances to Sub-Saharan African countries in 2018 contributed substantially to the Gross Domestic Product (GDP) of these nations, as transfers grew almost 10 per cent to US$46 billion, according to the World Bank's latest Migration and …
Parliament on Thursday approved an EPC/Turnkey contract of 58.9 million euros between the Government of Ghana and Contracta Construction UK Limited for the execution of the development of phase three of the Kumasi Airport.
The scope of …
Sub-Saharan Africa scores the lowest of all the world's regions on the World Bank's Human Capital Index
The World Bank unveiled a new plan today to help African countries strengthen their human capital. The objective of the plan is to e…
AngloGold Ashanti Ghana Obuasi Mine has inaugurated a Closure Consultative Committee to see to the implementation of requirements enshrined in the Reclamation Security Agreement, which forms part of Obuasi's redevelopment.
The move is t…
A retired Deputy Governor of the Bank of Ghana (BoG), Mr Emmanuel Asiedu-Mante, has endorsed the central bank’s plans to introduce upgraded cedi notes on May 6, describing it as a necessary measure to help make it harder for…
On Wednesday, April 17, 2019, the Government of the Republic of Côte d’Ivoire will host the first Women Entrepreneurs Finance Initiative (We-Fi) West Africa Regional Summit
WHO: His Excellency Alassane Ouattara, President of the…
Nigeria: African Development Bank approves $15 million investment package for Infrastructure Credit Guarantee Company
This intervention will promote local currency infrastructure financing, and further development of the domestic capita…
Today the Export-Import Bank of the United States (EXIM) entered into a memorandum of understanding (MOU) with the Ministry of Finance of the government of Angola to increase trade of goods and services between the United States and Angola…
Shares in Africa's largest e-commerce firm start trading in New York later, a move that could set a trend for other tech start-ups from the continent.
Jumia said it raised $196m by selling shares at $14.50 each, which will give the comp…
The Hohoe Municipal Assembly, Volta Region, at the end of 2018, mobilised GHC1,008,427.35 as its Internally Generated Fund (IGF).
The figure represents 102 per cent of the Assembly's 2018 total projected IGF of GHC990,890.00.
Mr Andr…
Dr Archibald Yao Letsa, Volta Regional Minister, Thursday launched the 2019 Volta Trade, Investment and Cultural Fair in Ho, and said it is time Volta and Oti Regions became industrialized and broke out of poverty.
He said investing in …
Ghana has been described as the Star in the International Monetary Fund's 2019 Economic Growth Forecast.
A report by Bloomberg said Ghana will be the fastest-growing economy in the world this year, according to the International Monetar…
Enterprise Group (EG), a leading insurance company, has opened a new service centre in Accra to enhance service delivery to its customers.
Located within its head office branch christened the ‘Advantage Place’, the office, ‘Enterprise M…
The Ghana Standards Authority (GSA) has engaged smallholder farmers, downstream consumers and top value chain actors in the Upper West Region on ways of cutting down aflatoxin contamination in grains.
The engagement was part of the regi…
Jet Airways appears to have suspended all its international flights, raising fresh fears about the survival of India's largest private airline.
The airline, saddled with more than $1bn (£765m) of debt, is seeking a financial lifeline to…
The Bank of Ghana has released a clearer version of the upgraded cedi notes due to start circulation on May 6.
The notes were signed by the Governor of the Bank of Ghana, Dr Ernest Addiso…
The African Development Bank will on Wednesday, April 17, 2019 launch 17 new grant projects funded by the Agriculture Fast Track Fund (AFT) in support of agribusiness Small- and Medium-sized Enterprises (SMEs) in eight African countries.
…
Market Summary
Ecobank Transnational Incorporated (+7.14%) gained GH¢0.01 to close at GH¢0.15, pushing the benchmark index up by 3.37 points (+0.14%) to close at 2,415.23 with a -6.10% year-to-date return while market capitalization i…
The Institute of Internal Auditors (IIA) Ghana has the process of developing a policy document to enable auditors to perform their duties effectively.
When completed, the document is expected to be tabled before Parliament for its consi…
The government has collected some GH¢21.3 million in taxes from the use of vehicles with engine capacities of 2.9 litres and above between August and December last year, provisional fiscal data on public finances for last year has showed.
…
The world's biggest Primark has opened its doors to shoppers in Birmingham.
Covering 161,000 sq ft over five floors, it occupies the entire site of a former shopping centre and comes complete with a Disney-themed cafe, a barber's shop a…
Total Petroleum Ghana Limited, a leading oil marketing company in the country, has marked its Top Service Week to interact with customers to improve on service delivery.
During the week-long activity in March 2019, management and staff …
Ogilvy emerged dominant in the global PR industry's prestigious SABRE Awards for the Africa Region, with Ogilvy offices capturing most of the trophies awarded.
A statement said the pan-African Ogilvy network won a total of 17 awards for…
The Ghana Revenue Authority (GRA) on Wednesday declared zero tolerance on people who engaged in smuggling of goods through the neighbouring countries into Ghana.
The Authority has therefor vowed to deal vehemently with persons who smugg…
The Ghana Revenue Authority (GRA) is to start the implementation of fixed exchange rate regime to protect importers from the fluctuation of the US dollar.
This will now keep the cedi to the dollar for import duties over a 90-day period …
Huawei Technologies has announced that the Huawei Y5 2018, Y6 and Y7 Prime as well as the Y9 2019 are available for purchase via Jumia Ghana Online.
Customers who buy their Huawei Y Series via https://www.jumia.com.gh/catalog/?q=huawei …
Huawei Technologies has announced that the Y6 Prime 2019 is officially available in Ghana and exclusive to Jumia Ghana Online.
A statement issued by Integriti News Agency, on Wednesday, described the Huawei Y6 Prime 2019 as having a '6.…
In its bid to effectively empower farmers engaged in cashew production to make them economically viable, the Department of Agriculture in the Mfantseman Municipal Assembly has resolved to cultivate more than 1,000 acres of cashew within 24…
The Central Regional Office of the Food and Drugs Authority (FDA), has stepped-up engagements with local industries in the Region to empower them to boost their businesses.
The initiative is aimed at reaching-out to all cottage industri…
The Public Utilities Regulatory Commission (PURC) has warned the public against illegal connections of utilities as that can truncate regular flow of potable water and electricity supply.
Mr Issahaku Mashoud Yakubu, the Northern Regiona…
Mrs Cecilia Dapaah, the Minister of Sanitation and Water Resources, has cautioned potential investors to seek expert advice before investing in the financial space to avert unforeseen challenges.
The Minister said the country was experi…
Ghana is to host the State of Israel Agricultural Innovation Summit in June to create enabling environment for dialoguing and exploration of grounds for technological transfer, Mrs Ayelet Levin-Karp, Head of Trade and Economic to Ghana sta…
The award ISO 37001 is testament proactive anti-bribery measures that indicated how to develop businesses in a transparent way in Africa
One of Africa’s major energy and transportation firms - Aenergy (Aenergy.com) - has become the cont…
Middle-class families are seeing their incomes stagnating as they are squeezed by the ultra-rich taking a bigger slice, says an international report from the OECD economics think tank.
The report says the middle classes are being "hollo…
Inflation for the month of March increased slightly to 9.3 per cent from the 9.2 per cent recorded in February.
The March 2019 figure is 0.1 percentage points higher than the 9.2 per cent recorded in February this year, the Ghana Statis…
Sector indices closed unchanged. The SAS Manufacturing Index recorded no gains or losses for the eighth straight session, closing at 4,601.08 with a -1.12% YTD return while the GSE Financial Index closed at yesterday’s level of 2,080.87 …
The Light of Hope Foundation, a Non-Governmental Organisation (NGO) working at Sumbrungu-Asoegoom in the Bolgatanga Municipality has set up poverty reduction scheme to empower rural women and reduce poverty.
The NGO has supported and em…
The Ghana Revenue Authority (GRA) has developed an electronic payment platform for the informal sector to pay their quarterly taxes through mobile money in collaboration with the Banks.
The new system which would start this year is par…
The GCB Bank Limited, as part of its commitment to remain the country's most welcoming bank has out-doored its "Cool Banking Campaign" to promote the bank's digital products and other convenient services among its key target groups.
A s…
Friedrich-Ebert-Stiftung, Ghana (FES) has identified weak competitiveness in the Public Private Partnership (PPP) arrangements in Ghana.
The FES said local assemblies prefer the build-operate-transfer and design-build-operate categories…
Dr Archibald Yao Letsa, Volta Regional Minister on Monday filed his 2018 annual tax returns and urged others to faithfully pay their taxes as required by law.
He said government could undertake developmental projects such as good roads,…
The Western Regional Minister, Dr Kobby Okyere Darko-Mensah, has called on the Ghana Revenue Authority (GRA), to consciously educate the citizenry on Assets declaration and refund schemes embedded in the tax regime for accurate tax calcula…