Mr Stetano Gallini, Managing Director of GHACEM Heidelbergcement Group, a leading cement manufacturing company in Ghana, on Wednesday said the company would continue to adhere to environmental health and safety measures.
He said over th…
Indigenous investment firm and fund manager, NIMED Capital Limited officially launched an initial public offering (IPO) to raise funds for its Unit Trust.
The NIMED Lifetime Unit Trust is described in its prospectus as an open-ended fun…
The Managing Director and Chief Executive Officer of FBNBank Ghana Limited, Victor Yaw Asante has stated that the appointment of Dr. Ngozi Okonjo-Iweala as Director-General of the World Trade Organisation (WTO) coming at a time when AfCFTA…
Mr Francis Ennor, the Upper East Regional Director of Ministry of Food and Agriculture (MoFA), has called for a special focus on irrigation as a key component in food production and food security in the region.
He said though the countr…
Ms. Alberta Nana Akyaa Akosa, Executive Director of Agrihouse, a non-governmental agricultural organisation, has said its Livestock, Poultry, and Fisheries Tradeshow (LiPF) has engaged over 50,000 sub holder farmers in animal agriculture i…
Women in Artisanal and Small Scale Mining (ASM) have appealed to the Government to publicly demarcate and announce all mining sites at the national, regional and district levels.
They also appealed to government to encourage women in …
The Ghana Chamber of Bulk Oil Distributors (CBOD) has launched in 2019 Petroleum Industry report with a call on government to take steps to quickly end the illegal trade in petroleum products in the downstream sector.
Addressing a virtu…
The Bank of Ghana has issued a directive on unclaimed balances & dormant accounts for banks and specialized deposit-taking institutions.
The directive seeks to ensure that balances in accounts that have been left unattended to for over …
UNIL announces that further to the announcement made on July 27, 2020 about Unilever’s global announcement on the Strategic Review and planned separation of its Tea business, Unilever Ghana Plc wishes to notify its esteemed shareholders an…
Galvanize, the global leader in SaaS governance, risk, and compliance (GRC) software, today announced that the company now provides regional hosting in Africa and South America via local AWS Regions - AWS Africa (Cape Town) and AWS South A…
Market Summary
The benchmark index moderated by 7.19 points (-0.32%) to end today at 2,205.47 with a year-to-date return of 13.59% as a result of price depreciation in Ecobank Transnational (-12.50%). The market capitalization shed 0.42% …
North African pastoralism, an agricultural method used for centuries by nomadic people in the steppe highlands, is on the decline. Facing limited grazing land due to overuse and drought, pastoral nomads are favoring more sedentary farming …
The Economic Commission for Africa (ECA) and the African Airlines Association (AFRAA) have published a report on the financial impact of COVID-19 pandemic on African airlines and insights for the recovery from the liquidity crisis. This fo…
The Ghana Airports Company Limited (GACL) has started mass vaccination for all frontline staff at Kotoka International Airport (KIA).
On Tuesday, March 2, 2021, members of the GACL Board led by the Chairperson, Madam Oboshie Sai Cofie, …
Vice President Dr Mahamudu Bawumia has held talks with Mr Wamkele Keabetswe Mene, Secretary-General, African Continental Free Trade Area (AfCFTA), at the Jubilee House, Accra.
The meeting, among other things, deliberated on the unique o…
Mr Alan John Kwadwo Kyerematen, Minister of Trade and Industry-designate, Tuesday hailed the Ghana-United Kingdom (UK) new Interim Trade Partnership Agreement.
"The new Agreement reaffirms the deep interest of both Ghana and the UK to s…
Ghana is to export banana, tinned tuna, and cocoa to the United Kingdom (UK) under a tariff-free agreement.
The UK exports are also in line to benefit from tariff liberalisation from 2023, including machinery, electronics, and chemical …
Dr Ngozi Okonjo-Iweala, the new Director-General (DG) of the World Trade Organization (WTO), has taken office with a call on members to “do things differently” to achieve reforms necessary to keep the world trade body relevant.
She prom…
As part of efforts towards improving the operations of businesses within the tourism industry, the Ghana Tourism Authority says plans are underway to address the issue of multiple payments of levies.
Some stakeholders have described the…
Minister-designate for Trade and Industry, Alan Kyerematen, says the common currency by West African states, ECO, still remains on the drawing board because of the inability of some of the member states to meet the common convergence crite…
Togbe Afede XIV, Agbogbomefia of Asogli State, has appealed to investors to help position the Volta regional capital Ho as a tech hub.
He said the region’s leaders planned to fully leverage the strategic location of the transnational ro…
Diamond Cement Ghana Limited (DCGL), an Indian-owned Portland cement producing company located at Aflao has expressed interest to venture into granite mining at Dzodze soon.
The coming into force of this project would mean the Diamond G…
Tree Aid, an International Development Organization working in Northern Ghana has commissioned and handed over three shea butter processing centres to women groups at three different communities in the Kassena-Nankana area of the Upper Eas…
The African Export-Import Bank (AfreximBank) has reaffirmed its readiness to support factoring as a viable alternative source of trade financing for small and medium enterprises (SMEs) in Africa.
It said "given that access to finance re…
By Murray Gardiner, MD, Bluecode Africa There is no doubt that Africa’s economic growth story over the past couple of decades has been nothing short of extraordinary. Until the COVID-19 pandemic hit, the continent had shrugged off global e…
Digital has become the banking buzzword. The term that defines investment, innovation and system transformation. Digital is as much an economy as the financial transactions that make up the lifeblood of the banking industry, and it allows …
In its continual bid to deliver an extraordinary customer experience across all touchpoints, Vodafone Ghana has relocated its Osu retail shop to a new, ultra-modern facility on 11th Lane, off Oxford Street in Osu, Accra.
The exquisitely…
Market Summary
The benchmark index began the week 11.74 points (+0.53%) higher at 2,212.66 with a year-to-date return of 13.96% due to MTN Ghana (+1.22%) while the market capitalization increased by 0.22% to close at GH¢57.28 billion.
…
The benefits of digital investment in the oil and gas sector are multifold: increased productivity, cost savings and improved performance all tend to follow investments in big data, the ‘Internet of Things’, artificial intelligence and oth…
Weekly Highlights
• Yields on 182-Day and 364-Day T-Bills eased further.
• Accra Bourse posted mixed outturn with benchmark index sustaining bullish run.
• Ghana cedi outperformed all the three major trading currencies.
• London St…
In a statement aimed at Amazon, US President Joe Biden has warned companies against intimidating staff considering joining a labour union.
Mr Biden said "the choice to join a union should be up to the workers - full stop".
His remark…
The Coffee Roasters Association of Ghana (CRAG) is providing information, education and technical assistance to indigenous coffee roasters to boost the local industry.
CRAG brings together a new wave of specialty coffee entrepreneurs wh…
Effective today, Monday March 1, the Ghana Ports and Harbours Authority (GPHA) will begin the implementation of new tariff for services rendered to shipping lines at the seaports.
The new tariff regime applies to containerised cargo for…
Glovo, one of the world’s leading multi-category delivery players, has launched its operations in Ghana. The multi-category delivery start-up entered Africa in 2018 and is currently present in four countries on the continent. The expansion…
The Banks listed on the Ghana Stock Exchange (GSE) have through the Ghana Association of Bankers requested that the date for filing of 2020 audited financial statements be extended by one month to April 30, 2021 to enable them work effecti…
This year’s Budget Speech by Minister of Finance, Tito Mboweni, struck a much more optimistic, hopeful tone – in keeping with President Cyril Ramaphosa’s State of the Nation address (SONA) two weeks earlier – than the Supplementary Budget,…
Market Summary
The GSE Composite Index advanced by 23.49 points (+1.08%) on the back of MTN Ghana (+2.50%) to close the week at 2,200.92 with a year-to-date return of 13.36%. The market capitalization increased by +0.43% to settle at GH¢…
Dubai Chamber of Commerce and Industry (Dubai Chamber) has revealed that members’ exports to Central Africa and Western Africa recorded a surge of 85% and 57%, respectively, in January 2021, compared to the same month in the previous year.…
Amid an intensifying race between companies to increase their advertising expenditure to boost profitability prospects, the global advertising market is set to reach $769.9 billion by 2024, an industry expert has pointed out.
“Advertisi…
Western Union Business Solutions, the payments arm of the Western Union Company (NYSE: WU), a leader in cross-border, cross-currency money movement and payments, announced the expansion of its global capabilities, bringing faster and more …
Lagos, 01 March 2021: Music has the power to match all our moods - from dancing, working, cooking to relaxing. Nothing beats having all your favourite tunes at your fingertips. Since, music is such a big part of our lives, starting today, …
ENGIE (ENGIE-Africa.com) is pleased to announce that it has reached an agreement to acquire from Abengoa a 40% equity stake in Xina Solar One, a 100 MW Concentrated Solar plant, as well as 46% of the Operations & Maintenance Company. The p…
DHL Industrial Projects supports Dunakeszi Járm?javító Kft, owned by TMH International AG and Magyar Vagon Zrt, with the transport of passenger coaches from Hungary to Egypt; the order includes the transport of 676 coaches, which will be d…
President Joe Biden's $1.9tn (£1.4tn) relief plan to help Americans during the Covid pandemic has been approved in the House of Representatives.
The vote was along partisan lines. Two Democrats joined Republicans - who see it as too exp…
Economist with Databank, Courage Kingsley Martey, has asked government not to take advantage of the Debt Service Suspension Initiative (DSSI).
This follows calls by some stakeholders within the financial for government to employ strateg…
The Chamber of Petroleum consumers (COPEC) is calling for a review of the Price Stabilisation Levy to minimise the impact of the surge in fuel prices on consumers.
Oil prices have seen a significant increase over the last few weeks with…
Five women, aged 18-35, have undergone a five-day training programme in bakery and pastry to empower them to become self-reliant.
The women, selected from Ketu South, Keta and Anloga in the Volta Region, were also presented with equipme…
Trade and Industry Minister-designate, Alan Kwadwo Kyerematen, on Friday, announced, that the Free Zones Enclave in Kumasi would be turned into Ghana’ second industrial city, after Tema.
Mr Kyerematen said a public-private partnership w…
Mr Isaac Charles Acquah, a Chartered Accountant and a Financial Services Consultant, says every organisation or corporate entity needs an accountant to manage its transparency, public accountability, and cash flow management.
He said Ac…
As part of efforts towards improving access to the right poultry feed for poultry farmers, Koudijs Ghana Limited has launched its complete layer feed to help improve chicken production in the country.
The new high-quality feed, which is…