The first three international rice trades have been concluded on the Rice Exchange platform. The value of each of the trades ranged between US$250,000 and US$2 million. Having gone live at the end of September 2020, multiple buyers and sel…
On Saturday, November 28, 2020, there was fire outbreak at a portion of the first floor of the Liberty House Building complex at Kantamanto in the Central Business District of the Greater Accra Region.
The fire which was detected in the…
The Securities and Exchange Commission (SEC) has said the processes for the partial bailout for the remaining clients of affected Fund Management Companies (FMCs) whose licences were revoked have started, pending the outcome of the liquida…
Plans are far advanced for the establishment of the Ghana National Petroleum Hub project in the Jomoro Municipality.
The project, which requires land acreage of 20,000 is expected to provide 780,000 jobs to people in the cat…
Although the global energy sector has been adversely affected by the COVID-19 pandemic this year – with oil hardest hit because of its dependence on the struggling transport industry – gas has been less exposed to the shocks of 2020, ac…
Our selfless leader, Jacqueline Benyi (Mrs.), once again chalked another significant milestone when she was awarded the CEO of the Year Award (Insurance Category) at the recently held 3rd Ghana Industry CEO Awards (Ghana’s Most Respected…
The Campaign for Female Education (CAMFED) Ghana, a Non-Governmental Organisation, has presented 40 start-up kits to young entrepreneurs in the Ekumfi District in the Central Region to improve their businesses.
Thirty female business st…
Yara Ghana limited, a fertilizer industry in Ghana has won the Agro Input Company of the year and Agro Input Brand of the year at the second edition of the Ghana Cocoa Awards held in Accra.
The company's input package for cocoa which is…
Government is set to begin one-off cash transfers to poor persons as part of further COVID-19 relieve measures, according to the Ministry of Gender, Children and Social Protection.
This intervention is targeted at 125,000 specific vulne…
The Ministry of Tourism, Arts and Culture has commissioned the first phase of the refurbished Receptive Facility and Exhibition Centre of the Tetteh Quarshie Cocoa Farm at Mampong in the Eastern Region to enhance its activities.
This fo…
Some big High Street names have decided to shun the Black Friday shopping bonanza even though online spending in the UK is set to soar.
Next, M&S, Wilko and B&M will not be taking part in the sales event on Friday, which is seen as a ke…
Mr Paul Apraku Twum Barimah, the Aspiring Member of Parliament for Dormaa East, says the recent Fitch report on expected oil production of Ghana next year will strengthen the confidence of investors in the industry.
The report said Gh…
Vice-President Dr Mahamudu Bawumia says government has spent GHS21billion to clean up the financial sector.
He said 99 per cent of depositors of the affected banks, microfinance and savings and loans companies had been fully settled.
…
The Vice President, Dr. Mahamudu Bawumia says the investments the Akufo-Addo government has made in its digitization efforts have put Ghana on the path to becoming one of the most digitized economies in Africa.
He said the Akufo-Addo go…
Ghanaian betting fanatics are set to experience a ride of their lifetime following the entry of one of Africa's leading betting firms, Odibets, into the country.
Odibets, known for their mouthwatering offers and freebets, has joined the…
China will impose taxes on Australian wine of up to 212%, starting on Saturday.
Its commerce ministry said these were temporary anti-dumping measures to stop subsidised imports of Australian wine.
The duties will range from 107% to 2…
Lieutenant General Obed Akwa, Chief of Defense Staff (CDS) has commissioned the 66th Artillery branch of the Services Integrity Savings and Loans Limited (SISL), a banking institution tailor-made for military personnel.
The Ho Branch ha…
The Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) on Thursday launched the Ghana Apparel Training and Service Centre in Accra to boost Ghana's garment and manufacturing industry.
The key objective is to strengthen expor…
A news report by China.org.cn on China moves closer to self-reliance in 7nm chip production.
China has recently made new breakthroughs in its 7nm chip-making process, reportedly developing tools and know-how for several segments of the …
A NEW UK biomanufacturing plant should be built in the north of England to bring vital investment and skills to the region, says an industry expert.
Dr Jen Vanderhoven, Director of the National Horizons Centre, a £22.3m state-of-the-art…
Market Summary
The benchmark index closed today’s session 12.34 points (-0.68%) lower at 1,806.94 with a -19.95% year-to-date return as a result of downward price movements in two telecom and banking counters. The market capitalization de…
The Ghana Export Promotion Authority (GEPA) has asked the government to consider banning the export of Raw Cashew Nuts (RCNs).
The authority said the ban was needed to ensure that the cashew nuts were readily available for local factori…
The National Board for Small Scale Industries (NBSSI) has entered into a partnership with four organisations to help train 102,250 young entrepreneurs across the country under the Young Africa Works project.
The four organisations, Inte…
Stakeholders in the fisheries industry are asking for the mapping of all fish landing sites across the country to protect the livelihoods of more than three million fishermen.
The stakeholders maintained that the ongoing encroachment an…
Shanghai has dethroned London to become the world's most connected city as the coronavirus shakes up international travel.
London has seen a 67% fall in connectivity in air travel, according to airline industry body IATA.
Shanghai ha…
The Ghana Export Promotion Authority (GEPA) has underscored the need for the country to establish an alumina processing plant to refine raw bauxite into ore and create an integrated aluminium industry.
It said the establishment of the p…
A report on the expectations of the electorates ahead of the 2020 general elections has found that most Ghanaians want the state to establish a dedicated source of funding to finance social interventions such as the Capitation Grant, the N…
The Komenda Sugar factory took a centre stage at a parliamentary debate organised for aspiring Paramilitary Candidates (PC) to share their vision to the constituents of the Komenda-Edina-Eguafo-Abrem (KEEA) constituency.
The aspirants e…
Reverend Eric Affram, Manager of Ho Branch of Unity Rural Bank(URB) Tuesday disclosed that the Bank of Ghana (BOG) had directed his outfit not to update their customers' savings accounts.
He said this directive also affected those who h…
The Ghana Revenue Authority (GRA) has begun a nationwide sensitisation of stakeholders on its simplified tax laws aimed to enhance compliance.
The GRA abridged the tax laws with the support of the German Development Agency (GIZ) to make…
Private companies have been directed to replace their auditors that have served for more than six years.
The affected companies are to comply with the directive before August 2022, the Registrar General, Mrs Jemima Oware, told the Graph…
Driven to secure financial inclusion across its markets, MTN Group continues to grow the number of MTN Mobile Money (MoMo) users on its network, a trend that has accelerated during the COVID-19 pandemic.
By the end of September 2020, ne…
A healthy collaboration between Government and Private sector is critical for the creation of a conducive environment in which women can thrive and succeed
The Ecobank Group (Ecobank.com) launches ‘Ellevate’, a programme for women-owned…
Africa’s fastest growing online streaming and TV platform, Wi-flix has announced the extension of its services to Ghana to provide authentic African & foreign content, TV channels, sports and 360-degree entertainment to Ghanaians.
The o…
The 94 local winners of the Seedstars World Competition (SSW) 2020 have been announced and HR Tech startup CodeLn is set to represent Ghana in the next round of the competition. From the Africa region, 25 startups are set to compete for a…
Market Summary
The GSE Composite Index declined marginally by 2.94 points (-0.16%) to close at 1,819.28 with a -19.40% year-to-date return due to Guinness Ghana (-10.00%) while the market capitalization stayed at GH¢53.10 billion.
The…
Digital freight platform is available on 4 continents and in more than 50 countries
Saloodo! (Saloodo.com) seamlessly connects shippers and carriers in international markets; Digital freight platform is available on 4 continents and in …
IATA is urging governments to promote sustainable aviation fuel (SAF) as a critical tool to enabling the industry to halve its CO2 emissions against 2005 levels by 2050.
Calling SAF a “game changer”, IATA’s Sebastian Mikosz, senior vice…
The International Air Transport Association (IATA) released data revealing that the COVID-19 crisis has had a devastating impact on international connectivity, shaking up the rankings of the world’s most connected cities.
London, …
PureFacts Financial Solutions acquires Quartal Financial Solutions to become a global WealthTech leader
PureFacts Financial Solutions, a leading WealthTech provider of fees, reporting and AI-powered predictive analytics solutions, has a…
Kickstarting The Post Covid-19 Economic Recovery The Big Focus of The “Southern Africa Europe Ceo Dialogue” This Year
The Southern Africa Europe CEO Dialogue will look at how Europe and Italy can team up with Africa for sustainable deve…
Vifor Pharma supports Iron Deficiency Day 2020 to highlight global impact on health and gender inequality
In its sixth year, a growing international coalition underlines significant harm to health caused by iron deficiency
Impact o…
As part of effort to promote digital and smart banking, Absa Bank Ghana in collaboration with its Brand Ambassador, M.anifest, has unveiled the “Simple & Easy” music video ahead of the Christmas festivities to demonstrate how customers can…
The Ghana Export Promotion Authority (GEPA) has engaged trade associations and manufacturers of exportable products in Koforidua, on the African Continental Free Trade Area (AfCFTA) agreement and the National Export Development Strategy (N…
The Registrar-General will today, Wednesday November 25, 2020, meet investors of eight Fund Management Companies for Creditor Meetings.
Investors can join the virtual meeting through specially designated time slots and specially creat…
The number of unemployed people in the UK is expected to surge to 2.6 million by mid-2021, Rishi Sunak has warned.
In his Spending Review, the chancellor said the "economic emergency" caused by Covid-19 had "only just begun".
The gov…
Dr Priscilla Twumasi Baffour, a Lecturer of Economics at the University of Ghana, says the country needs to patronize and consume local products to boost the local economy.
She said COVID-19 had taught the country a lesson in improving …
Nissan is set to open a vehicle assembly plant in Ghana with its longtime partner, Japan Motors Trading Company Ltd. (JMTC), appointed as its local partner in all new vehicle assembly facility in Tema, Ghana.
The appointment is a result…
Gap Inc fell short of Wall Street estimates for quarterly profit on Tuesday as a pivot to online sales fueled a surge in marketing and shipping costs, sending the apparel retailer’s shares down about 11% in extended trading.
The company…
The US will slap tariffs on Chinese twist ties, which are commonly used to seal bread bags and tie up cables.
The US said that China has been unfairly subsidising twist ties to the disadvantage of American producers.
This is the firs…
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