The air transport system is really at the forefront of all our collective objectives to realize Africa as a single economic bloc – VP Solomon Quaynor
Nearly 5 million of Africa’s 7 million aviation and tourism industry-related jobs have b…
The International Air Transport Association (IATA) released October data for global air freight markets showing that air cargo demand continued to improve but at a slower pace than the previous month and remains below previous year levels.…
Stock Market Highlights
The benchmark index appreciated by 0.74% this week due to gains in two counters in the telecom and banking sectors to close at 1,820.22 with a -19.36% year-to-date return. Market capitalization increased b…
* Jeremy Sharpe joins from AIG to lead AGCS’s Global Distribution function
* Patrick Thiels moves to lead AGCS’ expanded Mediterranean & Africa Region
* Corinne Cipière joins Board of Management of Allianz France.
Allia…
39 leaders from over 30 national and regional NCD alliances members of NCD Alliance will be trained in December 2020
The Ecobank Academy, which is the corporate university of the leading pan-African banking group, Ecobank (Ecobank.com),…
Africa must forge strong partnerships, effectively manage its abundant natural resources, to rebuild faster post-COVID-19 - International Forum on African Leadership
• “African leaders must be at their creative best to get the best part…
ttered by the coronavirus crisis, tax experts have said.
Rather than increasing income tax or VAT, the government should instead look at a tax on millionaire couples, the Wealth Tax Commission said.
Taxing those households an extra 1…
UBA’s GMD, Kennedy Uzoka Honoured with Prestigious Zik Leadership Award, Dedicates Award to UBA Staff and Customers
The Group Managing Director/Chief Executive Officer, United Bank for Africa (UBA) Plc, Kennedy Uzoka, was on Sunday nig…
Trade unions and trade unionists have been urged to join the fight against corruption and its related offences, and not to be mere onlookers.
The General Secretary of the Ghana Mineworkers’ Union (GMWU) of the Ghana Trades Union Congres…
The Ghana Mineworkers Union (GMWU), of the Trades Union Congress (TUC) at its National Executive Council (NEC) meeting in Accra last week eulogised late former President Jerry John Rawlings for his immense role in the transformation agenda…
The pound has fallen against the euro and the dollar, as traders reacted to the growing prospect of a no-deal Brexit.
But news that Prime Minister Boris Johnson will travel to Brussels in a last-ditch effort to salvage a trade deal with…
Japan's Prime Minister Yoshihide Suga has announced a fresh round of stimulus for the Japanese economy.
The 73.6tr yen ($708bn; £530bn) package is expected to include subsidies for green investment and spending on digitalisation.
The…
The Central Business District (CBD) of Accra is empty with pockets of traders conducting business in front of closed shops and pavements.
The Ghana News Agency monitoring team, during a tour of the CBD on Monday to assess the impact of …
A review of agricultural mechanisation policies and ordinances in Ghana has recommended the nurturing of a policy environment environment that encourages private-sector-led development of agricultural mechanisation.
It noted public priv…
The International Air Transport Association (IATA) announced that the recovery of passenger demand continued to be disappointingly slow in October.
Total demand (measured in revenue passenger kilometers or RPKs) was down 70.6% compared …
Partnering to improve access and availability of medicine to improve healthcare outcomes
AstraZeneca (AstraZeneca.com) is pleased to announce its partnership with MYDAWA as part of our commitment to work towards a future where all peopl…
In President Cyril Ramaphosa’s address to Parliament on 15 October 2020 regarding South Africa’s Economic Reconstruction and Recovery Plan, he highlighted the importance of Small, Medium and Micro Enterprises (SMMEs) in rebuilding the coun…
Market Summary
The benchmark index advanced by 13.28 points (+0.74%) on the back of two telecom and banking counters to close the week at 1,820.22 with a -19.36% year-to-date return. The market capitalization increased by 0.26% to settle…
The pipeline has therefore become a symbol of hope, upon which several major development projects depend
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Shares of JD Health have surged 34% above the issue price in Hong Kong's biggest share market debut of 2020.
JD Health is the online pharmaceutical and healthcare spinoff of China's second-biggest online retailer JD.com.
The stock op…
The Chairman of the Ghana Mineworkers Union (GMWU) of the Ghana Trades Union Congress (TUC), Mr Mensah Kwarko Gyakari, has charged the union leaders and members to remain resolute and not compromise on unethical practices at their variou…
Consequently, a draft of the Ghana Agricultural Engineering Policy and Strategy document has been formulated to guide the agricultural mechanisation development to help improve productivity and ensure food security.
Agricultural mechani…
Airbnb, the U.S. home rental company that will make its market debut next week, is making it harder to book apartments on New Year’s Eve in Paris, New York, London and other top destinations to limit the risks of illegal parties in the tim…
Oil exporters are eager to stabilise or push up its price, against the slump in demand from the pandemic and growing pressure for more efficient or lower energy use.
Beyond the short term, the industry isn't just dealing with the …
Mr Samuel Sakyi Duodu, Kumasi Area Manager of the Ghana Revenue Authority (GRA), has stressed the need for effective collaboration between the private sector and Civil Society Organizations (CSO) to promote tax compliance.
The partnersh…
Regulatory agencies and private sector stakeholders have commended the Ghana Warehouse Receipt System (WRS) of the International Finance Corporation (IFC) for building their capacity towards effective warehouse inspection.
A statement …
The prospect of a breakthrough in post-Brexit trade negotiations between the UK and EU is "receding", according to a senior UK government source.
They told BBC political editor Laura Kuenssberg that the EU team were "bringing new elemen…
About 350,000 existing customers of the Electricity Company of Ghana (ECG) will benefit from the Pokuase Bulk Supply Point (BSP) upon completion in May next year.
The project, which is 87 per cent complete, would hold 580 MVA and redist…
Quarantine rules are set to be eased for business travellers in England.
The rules will be relaxed for top bosses of foreign multinational firms visiting English branches and bosses at firms planning to invest.
Returning executives w…
The Amenfiman Rural Bank Ltd recorded improvement in performance with its after tax profit growing from GH?4,138, 729.00 in 2018 to GH?5,843,592.00 in 2019, representing 42 per cent growth.
The total deposit of the Bank grew from GH?189…
Irish airline Ryanair has placed an order for 75 more Boeing 737 Max aircraft as the plane is set to return to the skies after two fatal crashes.
Ryanair had already agreed to buy 135 jets. The extra planes take the list value of the or…
Mr Robert Ahomka-Lindsay, Deputy Minister of Trade and Industry, says private sector participation is key to the country's quest to benefit from the Africa Continental Free Trade Area (AfCFTA) agreement.
He said the government recognise…
UBA Group Does It Again as Six of Its African Subsidiaries Win Bank of the Year at The Bankers Awards
In obvious recognition of its brand acceptance and its role in facilitating economic development across Africa, six subsidiaries of pa…
The Managing Director of Consolidated Bank Ghana (CBG), Daniel Wilson Addo, has indicated that the bank is poised to provide relevant support to its Small and Medium-sized Enterprises (SME) clients. According to him, through CBG’s advisory…
The US Department of Justice is discussing a possible deal with Huawei’s finance chief Meng Wanzhou, according to reports.
The deal would reportedly let Ms Meng return to China from Canada, where she was arrested in 2018.
She would b…
Ghana’s upstream petroleum industry regulator, the Petroleum Commission, has signed a pact with TG-GEOPARTNERS to conduct a major multi-client 3D geophysical survey in the offshore Keta Basin in the Volta Region.
The new multi-client 3D…
The Social Security and National Insurance Trust (SSNIT) has saved an amount of GH¢130 million in the last three years through the cleaning of the pensioner’s payroll, the Director-General, Dr John Ofori-Tenkorang, has said.
He said thi…
Verna Mineral Water, produced by Twellium Industrial Company Limited has been honoured as the safest water at the Ghana National Medical Excellence Awards.
Verna picked the award at the 6th edition of the Ghana National Medical Excellen…
Insurance firm, Hollard Ghana picked up a total of three awards at the 2020 National Marketing Performing Awards organised by the Chartered Institute of Marketing (CIMG) in Accra.
On the theme ‘Marketing in a Disruptive Era,’ the event …
The Institute for Peace and Governance (IPEG) with support from STAR-Ghana Foundation and UKAID has trained 90 youth from the major political parties in livelihood skills.
The youth, drawn from Tamale, Yendi, and Wa, were trained in sat…
Regulatory agencies and the private sector have commended the Ghana Warehouse Receipt System (WRS) project of the International Finance Corporation (IFC) for building their knowledge and capacity towards effective warehouse inspection.
…
Workers of the Tema Oil Refinery (TOR) on Wednesday afternoon locked up the main entrance of the Refinery to back their demands of some allowances.
Information gathered by the Ghana News Agency indicated that the workers locked the entr…
Mr Emmanuel Ohene, the Chairman of the Implementation Team of the Integrated Customs Management System (ICUMS), says the government has exceeded its revenue target in August and November, 2020 from the ports.
He attributed the developme…
Alhaji Hayatudeen Awudu Ibrahim, the General Manager of the Bessfa Rural Bank Limited in the Garu District of the Upper East Region, has been honoured at the 2020 Ghana Industry Awards held in Accra.
He was adjudged "The Most Respected …
The Korea International Cooperation Agency (KOICA), has presented warehouses to two Farmer Based Cooperatives (FBCs) in the Yendi Municipality of the Northern region.
The support is to help address problems associated with inadequate st…
Ghana in its quest to improve the living standards of its citizens, has intensified stakeholders' engagements on the Protocols and Conventions of the Economic Community of West African States (ECOWAS).
The aim is to help Ghanaians fully…
Market Summary
The benchmark index closed today’s session flat at 1,818.68 with a -19.43% year-to-date return while the market capitalization stayed at GH¢52.09 billion.
The GSE Financial Index recorded no gains or losses, closing at …
Weekly Highlights
• Yields on 91-Day and 182-Day T-Bills rose further.
• 3-Year Bond upped by 25 basis points, now at 19.25 percent.
• Accra Bourse ended bearish with 3 laggards.
• Cedi depreciated against all the three major tra…
CMRubinWorld Announces Participation of Major Cultural Organizations Across the World in the Planet Classroom Network
CMRubinWorld is pleased to announce the Planet Classroom Network, a 6-month World’s Fair of Learning bringing together…
CrossBoundary Energy Access open sources their Project Financing Approach for Mini-grids to accelerate Energy Access for all in Africa by 2030
Mini-grids are a new and disruptive way to achieve energy access
600 million people across…