In early 2020, the foremost chief executives, public figures, civil society representatives and experts on Africa convened to share and define a regional vision and drive action based on the region’s needs and priorities
Today, the World …
Top influential business people and leaders will be attending the Paris Appreciation Awards season 2 starting from 26th January Republic day of India and ending on August 15th independence day of India, the Paris Appreciation Awards 2021 a…
The global pandemic has driven businesses to shift and adapt operations to meet changing demands and new challenges. For many, this has meant a greater focus on collaboration and productivity, bringing to the forefront the need for simple …
Janet Yellen has been confirmed as the first ever female US treasury secretary in a Senate vote.
Ms Yellen, who headed the US central bank from 2014 to 2018, earlier won bipartisan support from members of the Senate Finance Committee.
…
Trading in the night is becoming popular among some traders at the Kwame Nkrumah Circle because it offers them an opportunity to evade tax and the payment of market tolls to city authorities.
Besides, the traders claim they trade at nig…
The scrapping of the Ministry of Aviation (MoA) after four years of serving as the government’s special-purpose ministry as far as specific policy development to enhance growth of the sector is concerned has generated divided opinion among…
UK firms that export to the EU say they are being encouraged by the government to set up subsidiaries in the bloc to avoid disruption under new trade rules.
Firms have been hit by extra charges, taxes and paperwork, leading some to stop…
China has overtaken the US as the world's top destination for new foreign direct investment, according to UN figures released on Sunday.
New investments into America from overseas companies fell by almost half last year, leading to the …
Local manufacturers have been advised to pay attention to their labelling before submitting products for certification.
According to regulatory agencies, improper labelling affects the registration and certification process compelling s…
President Nana Addo Dankwa Akufo-Addo on January 21, 2021, submitted the list of proposed Ministers of his new government to the Speaker of Parliament for approval.
Among the new nominees is Joseph Cudjoe, a former Deputy Minister of En…
Chairman of the Economic Community of West African States (ECOWAS) President Nana Akufo-Addo has called for the rapid establishment of a payment and settlement system for the ECOWAS region.
He made the call during the opening ceremony o…
The COVID-19 pandemic has posed numerous threats to the operations and financial sustainability of many businesses and resulted in dire economic consequences.
According to a recent COVID-19 Business Survey conducted by the Ghana Statist…
Galaxy S21 available with amazing gifts
The launch of Samsung’s latest S21 Series has been met with amazing reviews across the globe. The device empowers you to easily share and connect with state-of-the-art camera and video, a bold new…
OUT NOW! 2ND edition of “Billions at play” outlining the road to recovery for the African Oil and Gas Sector, post Covid-19
The book offers pragmatic answers and solutions to the historic challenges that the industry has faced throughou…
Fairtrade launches Virtual for all Middle East Africa 2021 Focus on MEA’s agrofood & plastprintpack sector on 18 to 20 May
After the great success of Virtual agrofood & plastprintpack Africa in November 2020, the German trade show speci…
ACCS signs 55-year ground lease with State of Alaska for new, runway-adjacent, 32.5-million-cubic-foot cold storage development at ANC
Alaska Cargo and Cold Storage, LLC (ACCS) and the State of Alaska executed a 55-year lease agreement …
Market Summary
The benchmark index advanced by 33.27 points (+1.69%) on the back of four counters to close the week at 2,002.29 with a 3.13% year-to-date return while the market capitalization increased by +0.70% to settle at GH¢55.07 bi…
The 7th edition of MMEC, Mozambique's longest lasting Mines, Energy, Oil and Gas event, will take place in April 2021 in a hybrid format
Event name 7th Mozambique Mining, Oil & Gas and Energy Conference and Exhibition
Event date 21 –…
Fitch Ratings has upgraded United Bank for Africa (Ghana) Limited's Long-Term Issuer Default Rating (IDR) to 'B' from 'B-' and Viability Rating (VR) to 'b' from 'b-'. The Outlook on the Long-Term IDR is Stable. A full list of rating action…
At a time when the world is being compelled to embrace the new normal, Vodafone Ghana is leading the way in redefining the role of Telcos in the new world through a systematic programme of digitalisation at scale.
The advent of the COV…
Scancom PLC (MTN Ghana) has received approval from the Regulator, Securities and Exchange Commission (SEC) to buy back over 1 million shares of applicants who failed to provide sufficient personal information to complete their Know Your Cu…
MTN Ghana Foundation has commissioned the Youth Employment and Entrepreneurial Project (YEEP) at Nsawam which saw 50 beneficiaries graduate with certificates in mobile phone repairs.
The project which was a partnership between the MTN …
The Board of GCB Bank Limited has announced the appointment of Mr. Emmanuel Odartey Lamptey as the new Deputy Managing Director (DMD) - Operations.
Mr Lamptey was sworn in as the DMD Operations and Executive Director of the Bank on Wed…
Like many other African countries, Ghana is still dearly paying for the unfortunate events of the 1970s. These events were generally characterised by chaotic military regimes, unsustainable debt accumulations the incessant appetite for sta…
The Producer Price Inflation rate for December 2020 increased by 7.0 per cent year-on-year.
This rate represents a 1.1 percentage point decrease in producer inflation relative to the rate recorded in November 2020 (8.1 per cent).
The…
The Ghana Revenue Authority (GRA) has said that it exceeded its revised revenue target of GH¢42,769.50 million for last year by mobilising GH¢45,338.69 million.
Following the achievement, the authority has set for itself a target of GH¢…
Stakeholders in the fishing industry are questioning the legality of a revocation order issued by former Minister of Fisheries, Madam Elizabeth Afoley Quaye on the 2021 first quarter licenses granted by the Fisheries Commission.
Madam Q…
InvestorBrandNetwork (“IBN”), an innovative corporate communications agency and diversified content distributor, has provided a summary of its 2020 milestones and 2021 plans. Noted achievements outlined by the agency included its focus on …
The African Youth Climate Hub (AYCH), an African Youth climate platform, today formally called for application to its Climate Start-up Incubation Program promoting sustainable development. AYCH as a partnership between the Mohammed VI Foun…
Global shares slipped off record highs on Friday as gloomy data reminded investors of the struggles facing the economic recovery, curbing a rally fuelled by hopes of U.S. stimulus by newly inaugurated President Joe Biden.
Sentiment in E…
Taiwan is under no illusions it can quickly sign a long hoped for free trade deal with the United States but feels when the time is right “success will flow naturally”, the island’s chief trade negotiator said on Friday.
Taiwan has long…
As part of efforts to ensure the success of the government's Special Rice Initiative programme, the Atiwa East Agriculture Department has provided rice farming equipment to five Rice Farmer Associations to minimize the stress they go thro…
There is a gradual rise in the patronage of Personal Protective Equipment (PPEs) in Nima of the Ayawaso East Municipal Assembly as a result of the COVId-19 second wave threat around the globe and in the country.
A survey conducted by th…
Economic and finance think tank, Center for Economics Finance and Inequality Studies CEFIS’ has projected that the cedi will end this year at GH¢ 6.45 to a dollar.
According to the think tank’s Cedi Outlook report, the projection is bas…
Shoppers bought far fewer clothes last year as lockdowns meant people had less opportunity to socialise and go out.
Clothes sales slumped 25%, the biggest drop in 23 years when records began, official figures suggest.
While shops hav…
UK government borrowing hit £34.1bn last month, the highest December figure on record, as the cost of pandemic support weighed on the economy.
It was also the third-highest borrowing figure in any month since records began in 1993, the …
Plan International Ghana in collaboration with MTN Ghana has commissioned a 'Youth Employment and Empowerment Project' (YEEP) at Nsawam in the Eastern Region to equip 50 out of school young people with skills in repairing mobile phones.
…
The Wassa-East quarry project with a call on companies, organizations, and individuals to patronize the factory in a bid to make Wassa-East a model quarry District in Ghana.
The factory, which forms part of the one District, one Factory…
Japanese car maker Nissan has told the BBC its Sunderland plant is secure for the long term as a result of the trade deal reached between the UK and the EU.
It said it will move additional battery production close to the plant where it …
Some operators in the Small and Medium Enterprise (SME) sector have called for increased assistance in the area of digitalisation to help them increase their value and productivity, especially post-COVID.
They said adopting digital to…
About 5000 Accounting Officers from various public sector institutions are to benefit from the International Public Sector Accounting Standards (IPSAS) Accredited Certification Training programme.
The training, which is a year-long prog…
The Public Interest and Accountability Committee (PIAC), the statutory body with oversight responsibility of the management and use of the country's petroleum revenues, has elected Professor Kwame Adom-Frimpong as its new chairman.
Prof…
Market Summary
The benchmark index advanced by 11.74 points (+0.59%) on the back of MTN Ghana (+1.49%) to close today’s session at 1,994.70 with a year-to-date return of 2.74% while the market capitalization increased by 0.22% to settle …
China is falling short of its commitment to buy an extra $200bn (£146bn) worth of US goods over 2020 and 2021.
China agreed to buy the goods in a trade deal with the US agreed last January in exchange for reduced tariffs on $120bn worth…
A new study by a team of Ghanaian economists in collaboration with the Brookings Institution has identified agro-processing and tourism as two of the sectors that could be relied on to potentially address Ghana’s worrying unemployment numb…
The Global Shea Alliance (GSA) has trained 50 Small and Medium-sized Enterprises (SMEs) on labelling and standards compliance to build their capacity on the registration and export processes that go into product certification in the countr…
The government has been urged to focus on homegrown policies to revive the economy post-COVID.
Mr Seth Terkper, former Finance Minister who made the call said this if not done the government might have no choice but to return to the I…
The Wa Small Taxpayer Office of the Ghana Revenue Authority (GRA) in the Upper West Region missed its 2020 revenue target by 19.6 per cent.
The office which comprises the Wa Municipal as well as the Wa West, Daffiama-Bussie-Issa, Wa Eas…
World stocks racked up record highs on Thursday and the dollar fell, as investors bet major stimulus from new U.S. President Joe Biden and unswerving global central bank support would cushion the coronavirus’s economic damage.
Europe’s …
Prices of foodstuffs at Garu market in the Upper East Region have increased after the Christmas and New Year celebrations, affecting incomes of traders and reducing the purchasing power of consumers.
The market looked deserted with some…
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