MTN Group said that it expects to report an improvement of at least 20 percent in headline earnings per share for 2018. MTN said in a trading statement it expects to post an increase of ZAR 0.36 and ZAR 0.49 respectively in both headline e…
A UN trade official has warned a US plan to raise tariffs on Chinese goods next month would have "massive" implications for the global economy.
The US plans to increase tariffs on Chinese goods if the two sides fail to make progress on …
Players in the shipping business have begun mounting pressure on the government to review the contract details of the US$1.5-billion Tema Port Expansion project.
They contend that the implementation of the agreement in its current for…
Finnfund, a Finnish development finance company, provides a EUR 2.5 million secured loan to Africado, a Tanzanian avocado producer. Sustainable avocado farming is a viable alternative for Tanzania’s Kilimanjaro region farmers whose livel…
While Africa continues to be driven largely by cash transactions, it is a known fact that the mobile wallet segment is growing year on year within the region.
With the pace at which the segment is growing it is safe to assume that Afric…
Visa shares “State of Female Entrepreneurship” report ahead of inaugural She’s Next, Empowered by Visa event in Atlanta
Event features industry leaders including, Rebecca Minkoff, Facebook, Square, Yelp and Authorize.Net, to shine a lig…
Five Colors Technologies, a Pioneer Company in the Online Gaming Software Industry, Lists Five Colors Coin (FCC), a New Cryptocurrency That Will Become e-Sports Money, on CoinBene and Carries out IEO on Thursday, January 31!
This spring…
Japanese insurance companies have spent more than $50 billion on acquisitions over the past five years to become the world’s second-largest buyer of insurance assets, and the deals spree won’t be slowing down any time soon.
The cashed-u…
Thousands of passengers have been left stranded after air regulators grounded Turkmenistan Airlines for safety reasons.
The UK's Civil Aviation Authority said flights from Birmingham and London's Heathrow to Amritsar, and Heathrow to Ne…
The Bayport Savings and Loans Ltd in collaboration with the Star Assurance has launched a motor insurance policy that will enable its customers to pay their premiums on monthly basis.
Dubbed: "Bayport Motor Insurance", the policy offe…
The Young Investors Network (YIN), a Non-Governmental Organisation working to deepen financial literacy among the Youth, has called on financial sector regulators to support its efforts at providing the youth with the requisite financial e…
The Young Investor Network (YIN) has launched the Young Investor Digest to help young people, especially those in tertiary education, to understand investment issues.
The Digest will serve as a platform to equip students with knowledge …
The Eastern Regional branch of the Electricity Company of Ghana (ECG) has spent Gh¢5,502,500 on the acquisition of over 4,000 prepaid meters for installation at Kyebi in the Eastern Region.
The prepaid meters have been allocated to repl…
Pe-Dennis Aneakwoa Belinia Adda, the Paramount Chief of the Navrongo Traditional Area, has appealed to President Nana Addo Dankwa Akufo-Addo to assist the Gia Community and its environs with sprinkler irrigation systems to enhance dry seas…
Trade organizations have lauded the level of consultation among them, the Ministry of Health and LCB Worldwide towards the implementation of the cargo disinfection exercise at Ghana's sea ports.
The organizations in 2018, raised concern…
Nissan has confirmed that the new X-Trail originally planned for its Sunderland plant will instead be made in Japan.
In a letter to workers, it said continued Brexit uncertainty is not helping firms to "plan for the future".
In 2016,…
A national inquiry into Australia's scandal-plagued financial sector has proposed sweeping changes in an attempt to end rampant industry misconduct.
The Royal Commission spent 12 months investigating wrongdoing by some of the nation's b…
Segmented telco-based mobile money platform, ALEXpay, has won the Best Money Transfer Application Award at this year’s Global Business Outlook Awards.
The award, to be presented to the company at a ceremony in London, is expected to r…
Market Performance
Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Loser
Stocks closed 14.07 points (-0.56%) lower, due to losses in seven counters in the banking, telecommunication…
Azuri Technologies, a pioneer in pay-as-you-go solar home solutions for off-grid Africa, was named by Cleantech Group in the prestigious 2019 Global Cleantech 100.
Contested by over 13,000 innovators from 93 countries, the Global Cleant…
New Standalone Business Will Operate as The LYCRA Company, an Independent Subsidiary
Shandong Ruyi Investment Holding, one of the leading textile and apparel companies in China, announced today that it has completed its acquisition of I…
HCL Technologies (HCL), a leading global technology company, has been named a Top Employer in the United Kingdom for the thirteenth consecutive year in recognition of its best-in-class employee engagement and people practices. The Top Empl…
Transnational Academic Group (TAG), which owns and operates Lancaster University Ghana, is pleased to announce the appointment of Christopher (Chris) Pilgrim as CEO - West Africa effective 1st February 2019.
With over 27 years of experi…
Management of Royal Commodities (ROCO), a Licensed Cocoa Buying Company (LBC), has taken delivery of over 30 new trucks funded by GCB bank to ensure efficient internal purchases of cocoa beans across the cocoa-growing regions.
The truck…
The Cocoa Health and Extension Division (CHED), of the Ghana Cocoa Board on Wednesday organised mini rally for cocoa farmers at Sikaman Brofoyedru in the New Edubiase Cocoa District of the Ashanti Region.
The rally was to sensitise the …
Three out of the nine landing beach committees operating within the Shama District in the Western Region have garnered a profit of GHC 120, 000 covering their operations in the last two years.
At a public accountability forum organised …
The Ministry of Gender, Children and Social Protection (MoGCSP) has launched a USD3.5million social media platform for women entrepreneurs to help them expand their businesses.
Dubbed: “50 million women speak project,” it was initiated …
Nutella, Président Camembert, Ricard Pastis and Carte Noire coffee are among the brands set to cost more in France as a law on food prices takes effect.
It means big food and drink brands can no longer be sold at cost price. Shops' prof…
Government plans to eliminate fertilizer smuggling in the agricultural value chain to allow farmers the chance to improve on their production in the 2019 farming season has received mixed reactions by input dealers in the Sissala East Muni…
Guinness Ghana Breweries PLC has appointed Ms Suzannè Butah as the new Legal Director, effective 1st February, 2019. A statement issued by the Company to the GNA said Ms. Butah is an experienced dual England and Ghana-qualified commercial …
Alhaji Abdulzakou Adamou, the Managing Director of Royal Commodities Ltd (ROCO), an indigenous Licensed Cocoa Buying Company (LBC), says the company has taken delivery of over 200 pieces of electronic weighing scales for cocoa purchases.
…
The Forestry Commission has uncovered the illegal activities of some wood dealers after a thorough investigation into their operations, following complaints made to the Commission over the wrongful seizure of wood by staff of the Commissio…
The Ghana Export Promotion Authority (GEPA) has begun the process to formulate a new National Export Development Strategy to enhance Ghana’s effective participation in the multilateral trading system.
It is also to enable the country to…
The telecommunications industry is at a cross-road of innovation. It has a major role to play, but needs to renew its business model, develop ecosystem of new partners and customers, and unleash the full potential of next generation techno…
The benchmark index advanced by 5.61 points (+0.22%) on the back of gains in one banking stock to close at 2,503.85 with a -2.66% year-to-date return while market capitalization increased by 0.09% to settle at GH¢60.25 billion.
Ecoban…
The journey of ÖVERALLT started with IKEA wanting to learn more about the contemporary African design scene and the creative explosion that can be seen in several cities around Africa
Two years ago IKEA (IKEA.com) teamed up with a group…
The Tema Regional Office of the Electricity Company of Ghana (ECG) is having challenges supplying about 4,000 new e-cash prepaid metres to customers in its North, South and Nungua districts.
The figure is made up of over 1,000 requests …
Forty businesses in Tema were in 2018 identified and surcharged by the Electricity Company of Ghana (ECG) for stealing power. Mr Joseph Mensah Forson, General Manager, ECG Tema Region, disclosing this on Thursday, said his outfit with the…
The Sekyere East District Assembly is embarking on an initiative to build the capacities of women and empower them to become financially independent.
Madam Mary Boatemaa Marfo, the District Chief Executive, said so far about 200 women h…
Maize production in the Upper East Region saw an increase from a crop area production of 52,688 hectares in 2017 to 131,632 hectares in 2018.
Sorghum production, which is also on the increase, had a leap from 50,628 hectares in 2017 to …
The Ghana Revenue Authority (GRA) has disclosed a tax revenue target of GHC45,447.26 billion for 2019 in comparison with its target of GH39,802.27 billion in 2018 at a media soiree held at Swiss-Spirit Alisa Hotel in Accra.
The event…
Amazon has been forced to remove an array of products from its website in India to comply with new regulations.
The rules prevent online retailers from selling products through vendors in which they hold an equity stake.
The regulati…
China's trade delegation says it made "important progress" in the latest round of talks with the US, China's state media reports.
At the end of a two-day meeting in Washington, no deal was reached but China pledged to buy more US soybea…
The Electronic Communications Tribunal, the body adjudicating the dispute between the Mobile Network Operators (MNOs) in the country and the National Communications Authority (NCA), has granted the request for a stay of execution filed by …
Grand Skylight Hotel, a renowned home-grown hospitality brand in China, has successfully launched her flagship hotel in Addis Ababa, the hub city of East Africa with world-acclaimed Ethiopian Airlines. This move signifies Grand Skylight's …
The market gained 0.06% today on the back of gains in two counters in the petroleum marketing and banking sectors to close at 2,498.24 with a -2.88% year-to-date return while market capitalization increased by 0.02% to settle at GH¢60.19…
Altaaqa Global Caterpillar Rental Power, a global provider of temporary power services, has recently announced a major rebranding. The company will from now be known as Altaaqa Global Energy Services.
James Shepherd, Chief Executive Off…
Standard Chartered bank has announced the start of the second phase of its digital-only retail bank across Africa.
In response to growing consumer demand for innovative banking services on the continent, the Bank will launch its digital…
Chief Executive Officer (CEO) of Consolidated Bank Ghana Limited (CBG), Daniel Wilson Addo, has indicated that the bank is ready to transform the face of banking in Ghana with its technology led customer-centric approach to banking.
A…
In Washington this week, the US and China are due to hold their highest level talks since the two sides struck a temporary truce to their trade war.
They have until 1 March to come up with some sort of compromise or tariffs will be hike…