Ghana Community Network Services Limited has served notice of redundancy letters to the remaining staff working on the GeGov Project.
They are to be laid-off by the end of April 2021, following the non-renewal of GCNet’s Service Agreeme…
New data released by the Bank of Ghana on developments within the labour market indicates that the Services Sector has maintained its dominance as the leading job-providing sector in the economy, accounting for 80.2 percent of total job ad…
The Ghana Ports and Harbours Authority (GPHA) has reminded agents and importers to note that containers of goods not cleared within stipulated 21 days ascribed by law are enlisted under the Uncleared Cargo List (UCL).
Madam Abena Serwaa…
Stock Market Highlights
The benchmark index climbed 0.51% higher due to gains in MTNGH (+1.27%) to close at 2,177.43 with a 12.15% year-to-date return. Market capitalization increased by 0.21% to settle at GH¢56.91 billion.
The GSE-FI …
IFC, a member of the World Bank Group, today announced the recent disbursement of a loan to support expansion at Mali's leading mango processor, Centre d'Étude et de Développement Industriel et Agricole du Mali (CEDIAM), helping the compan…
Unilever’s Oral care brand, Pepsodent has introduced a new natural variant Pepsodent Herbal Triple Protection 140g to meet the growing consumer preference for natural products.
The new Pepsodent Herbal is infused with Green Tea herbal e…
Market Summary
The benchmark index advanced by 2.99 points (+0.14%) on the back of Cal Bank (+6.67%) to close today’s session at 2,177.43 with a year-to-date return of 12.15% while the market capitalization increased by +0.06% to settle a…
Bitcoin is an “economic side show” and a poor hedge against a decline in equity prices, analysts at JP Morgan said in a sobering assessment that could undercut the cryptocurrency’s rise to record highs.
Current prices are well above JP …
Huawei is turning to technology for pig farmers as it deals with tough sanctions on its smartphones.
The Chinese telecoms giant was stopped from accessing vital components after the Trump administration labelled it a threat to US nation…
A forum on youth and women in agriculture has recognised that the much-needed transformation in Africa’s food systems cannot be attained without the energy and efforts of youth and women.
It deduced that the continent was now faced with…
Tax benefit provided to the persons for bringing their money, gold, funds, and other capital market instruments held abroad, provided a large capital inflow to Turkey. With the new amendment, the application period was extended until June …
Jaguar Land Rover (JLR) has announced plans to cut about 2,000 jobs from its workforce over the next year.
The company said it had started a full review as it prepares to become a "more agile organisation".
It comes after the car mak…
UK government borrowing hit £8.8bn last month, the highest January figure since records began in 1993, reflecting the cost of pandemic support measures.
It was the first time in 10 years that more has been borrowed in January than colle…
Some shoppers have found their purchases from EU stores getting more expensive.
It's because not all charges are covered by a Brexit trade deal between the UK and EU.
So what are these fees and how can you avoid them?
I want to buy …
The amount of credit from the Bank of Ghana to the 23 universal banks in the country should reduce this year when compared to credit advanced to the banks in 2020.
The amount of money advanced to banks from the Central bank throughout t…
Leading mobile telecommunication network says the reduction in the volume of its recharge cards is in line with their strategy to go largely digital.
The pronouncement comes on the back of complaints by vendors and the general public ab…
The Chamber of Petroleum Consumers, COPEC, is calling for appointments to the boards of petroleum and oil-related sectors to be hastened up.
According to the Chamber, the role of these institutions in the management of the sector cannot…
The newly appointed Director General of the World Trade Organization, Ngozi Okonjo-Iweala, has pledged to among other things, facilitate the lifting of export restrictions among member countries to enable easier movement of goods during th…
The Coffee Federation of Ghana is demanding decisive state action to ensure the transformation of the country’s coffee sector.
For the Federation, technical assistance among others remains major components to tackling existing challenge…
The African Export-Import Bank (Afreximbank) and the African Association of Automotive Manufacturers (AAAM) have entered into a Memorandum of Understanding (MoU) for the financing and promotion of the automotive industry in Africa.
Prof…
African countries looking to exploit their resources should act even more rapidly and diligently to draw international companies' appetite, especially in the post-Covid-19 recovery road
Once one of the world's biggest producers, Mexico …
Dany Mawas, Regional Director at INFINOX, unpacks eight tips that traders should consider to achieve success
Online trading has seen a surge in usage in 2020 as more people choose the practise as a means to boost their passive income. D…
GCB Bank Limited is the most corporate media visible bank in Ghana, according to a 2020 survey on the banking sector.
An extract of a broader traditional and online Ghanaian banks visibility analysis conducted by the Institute of Brands…
Market Summary
The benchmark index closed the day flat at 2,174.44 with a year-to-date return of 11.99% while the market capitalization was unchanged at GH¢56.88 billion.
The GSE Financial Index recorded no gains or losses, closing at…
After almost four years of superintending over the affairs of the Social Security and National Insurance Trust (SSNIT) as the Director-General of the basic national pension scheme, the appointment of Dr John Ofori-Tenkorang, has come to an…
A private lottery operator, Alpha Lotto Limited, is on a collision course with the National Lottery Authority (NLA) over the legality of its operations.
While the company says it is complying fully with the NLA and is registered and lic…
The year-on-year Producer Price Inflation (PPI) rate for January 2021, was up at 9.1 percent compared to seven percent in December.
The rate represents a 2.1 percentage point increase in producer inflation relative to the rate recorded …
China is now the EU's biggest trading partner, overtaking the US in 2020.
China bucked a wider trend, as trade with most of Europe's major partners dipped due to the Covid-19 pandemic.
Trade between China and the EU was worth $709bn …
Prices rose in January as locked-down consumers paid more for food and sellers of furniture and other household goods offered smaller-than-usual New Year discounts.
Inflation rose 0.7% in the 12 months to January, up from December's 0.6…
The fourth Ghana International Petroleum Conference (GhIPCON) will be held in Accra on March 10 and 11, 2021.
GhIPCON is Ghana’s foremost Petroleum Downstream Conference organised by the Chamber of Bulk Oil Distributors (CBOD) under the…
The Greater Accra Poultry Farmers Association of Ghana has called on the government to put systems in place to prevent a shortage of maize in the country.
The Association is therefore proposing a policy that will secure markets for loca…
As fuel prices at the pump continue to rise, the conversation about whether or not to increase transportation prices is gradually coming up.
Prices of fuel have gone up by up to 12 pesewas at some stations.
But the Executive Secretar…
The Management of the National Lottery Authority (NLA) has stated that Alpha Lotto is not among their legal lottery operators.
A statement signed by the Public Relations Unit of the NLA and copied to the Ghana News Agency on Tuesday sta…
Celebrating a year of possibilities, Absa Bank Ghana marked its first anniversary after launching a new brand with a bold strategy, leveraging on an over 100-year banking heritage.
Absa Bank Ghana was officially launched in February 202…
Ghana’s cash crop-based economy can be transformed and moved into the bracket of developed economies, if aviation is used as a catalyst for structural transformation, Ing. Leslie Alex Ayeh, President of the Ghana Institution of Engineers, …
MTN Remains Focused On Enhancing the Digital Experience of Its Customers as It Transitions to Become a Digital Operator
In line with the company’s vision to lead the delivery of a bold new digital world to its customers and to enable t…
The country seeks to engage local service providers to supply goods and services to gas megaprojects to drive in-country value generation and retention
Mozambique defied global investment flows by reporting a rise in deal activity in 20…
18 February 2021: Tomorrow Nissan presents the 3rd generation of the all-new Qashqai.
14 years after creating the crossover segment, Qashqai is back with a completely renewed design inside and out, innovative technologies and electrifie…
Mastercard and MTN empower millions of consumers in Africa to make payments on global platforms, advancing digital financial inclusion
Partnership will enable millions of MTN customers to pay on global online platforms with a Mastercard…
Purple Park, the real estate subsidiary company of Spektra Global Limited, has launched their first luxurious homes named the Seed Gate to contribute to efforts to address the housing challenges in Ghana.
Ghana needs in excess of 100,00…
As part of plans to mark Valentine’s Day Celebrations, Fidelity Bank Ghana Limited has demonstrated love by donating PPEs and boxes of Ghana-made chocolates to staff and students of the SOS Children’s Village in Tema. The SOS Children’s Vi…
Africa’s first Super Energy Service Company in Morocco gets $965,000 grant boost from African Development Bank’s Sustainable Energy Fund for Africa (SEFA)
Amid growing demand, Morocco aims to meet its energy needs by combining large-sca…
The concessional donor loan will support the 15th replenishment of the African Development Fund, approved in December 2019 by ADF donor countries
The Japan International Cooperation Agency (JICA) and the African Development Fund (ADF) –…
Poised to increase the social capital of communities across the world, CEO of Comcent Limited, Kwadwo Dwomo II, has revealed how each Ghanaian community can raise up to 1 million dollars to improve infrastructure and as well provide jobs f…
Market Summary
The benchmark index was down 3.59 points (-0.16%) on the back of Cal Bank (-7.14%) to close at 2,174.44 with a year-to-date return of 11.99%, hence, the market capitalization decreased by 0.07% to settle at GH¢56.88 billio…
Digital currency Bitcoin has risen to a new record high of more than $50,000 (£36,000).
The so-called cryptocurrency, which was created by an unknown inventor, has risen about 72% this year.
Bitcoin and other cryptocurrencies are gen…
What was billed to be, perhaps the ‘Mother of all vetting’ will now have to wait until March as the main character of that ‘plot,’ Mr Ken Ofori-Atta, is unwell to face Parliament’s Appointments Committee today as initially scheduled.
Th…
The National Board for Small Scale Industries (NBSSI) has disbursed GH¢37 million to creative arts practitioners who applied for loans under the Coronavirus Alleviation Programme Business Support Scheme (CAP BuSS).
The 24,464 beneficiar…
The pound has hit its highest level against the dollar in nearly three years, amid rising optimism about an end to lockdown in the UK.
It surpassed $1.39 on Monday, while also hitting a nine-month high against the euro at €1.147.
Mor…
The Ghana Cocoa Board (COCOBOD) is recruiting 50,000 people to be engaged in a nationwide cocoa rehabilitation exercise, Mr. Joseph Boahen Aidoo, the Chief Executive Officer said over the weekend.
He said about 30,000 people had already…
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