Nii Kwartei Titus-Glover, the Deputy Minister of Transport, Wednesday, said government would deal decisively with syndicates involved in the diversion of transit goods intended for the landlocked countries into the local market, in order t…
The government of Tunisia has proposed to commence direct daily flights by Air Tunis to Accra to deepen the bilateral air service agreement signed between Tunisia and Ghana.
As a first step, the Tunisia authorities had requested the Min…
The Producer Price Inflation for December 2018 was 4.4 per cent, representing a 2.1 per cent decrease in producer inflation of 6.5 per cent recorded in November 2018.
The month-on-month change in producer price index between November 20…
The Minister of Environment, Science, Technology and Innovation, Professor Frimpong Kwabena Boateng, has promised to establish a soybeans factory, under the One-District One-Factory, for farmers at Naahaa to promote the Sustainable Land an…
Cross network mobile money transfers were done about 2.2 million times between May and December last year, according to figures released by the Ghana Interbank Payment and Settlement Systems (GhIPSS).
This shows a continuous increase in…
The boss of Procter and Gamble, maker of Fairy liquid and Gillette razors, says its products could cost more if the UK leaves the EU with no deal.
Tariffs the company may have to pay would be added to grocery bills, David S. Taylor told t…
An investment analyst, Mr Alhassan Mahama Iddrisu, has warned the public against investments in monetary investments that yield more than five per cent above a prevailing treasury bill rate in the country.
According to him, considering …
A100 offers a holistic one-stop solution to accelerate digital transformation for corporations
Alibaba Group Holding Limited (NYSE: BABA) today announced the launch of “A100,” a strategic partnership program that offers companies a holi…
The Bank Group Includes Joint Lead Arrangers JPMorgan and Bank of America Merrill Lynch along with Silicon Valley Bank, SunTrust Bank and CIT Bank
Jam City, Inc., a leader in mobile entertainment, today announced $145 million in strateg…
Stocks recovered from losses in the last three sessions, following upward price movement in four counters in the banking and insurance sectors. The GSE-CI climbed 6.25 points (+0.24%) to settle at 2,567.88 with a -0.17% year-to-date…
President Trump has said the US will "devastate Turkey economically" if Ankara decides to attack Kurdish groups in Syria.
Mr Trump was referring to his plan to pull US forces out of Syria, where they have been fighting alongside a Kur…
Countries in Asia have moved to reassure businesses as the defeat of Theresa May's Brexit deal creates fresh uncertainty for their economies and trade.
Japan, a vocal critic of a no-deal Brexit, said it would seek clarity on the outlook…
Mining companies operating in Zambia have failed to show how higher taxes introduced this year will affect their profitability despite objecting to the new framework, a senior government official has said.
The country, Africa's second-l…
PassionAir has announced the suspension of its Takoradi flight operations, effective Monday, January 14th, 2019 until further notice.
The airline in a notice sent to its trade partners said the suspension was to allow the airline to ‘re…
Mr Carlos Ahenkorah, a Deputy Minister for Trade and Industry has urged Ghanaian businesses to prepare as the implementation of the Continental Free Trade Agreement (CfTA) draws near.
He said when the CfTA comes on stream; manufacturers…
Ghana and Tunisia have pledged to deepen trade relations and increase business partnership between the two countries for their mutual benefit. The commitment came at the maiden edition of the Ghana-Tunisia Economic Forum, which also serve…
President Nana Addo Dankwa Akufo-Addo Tuesday said Ghana's public finance was now in order. He said the period when the country's economic indicators "went haywire and through the roof are over."
"The days of disarray in our public fin…
The pound has risen after MPs voted to reject Theresa May's Brexit deal by 230 votes.
The vote opens up a range of outcomes, including no deal, a renegotiation of Mrs May's deal, or a second referendum.
Sterling rose 0.05% to $1.287 …
Africa's quest to transform its economy will yield fewer results if politicians in the continent do not commit to a deliberate agenda that aims to diversify their economies, enhance competitiveness and increase exports for the well-being o…
Gold futures rose, extending their best quarterly rally in more than a year as concern over China’s economic outlook weighed on global equities and industrial metals.
Bullion hit a six-month high, nearing $1 300 an ounce after a report …
The GSE’s PR. No. 448/2017 (December 27, 2017) and 363/2018 (August 16, 2018) refer.
The Ghana Stock Exchange (GSE) wishes to announce to all market operators, stakeholders and the general investing public that Aluworks Limited (ALW) …
BuddeComm is thrilled to announce the release of the Global Ranking of its Telecom Maturity Index. BuddeComm's Telecoms Maturity Index (TMI) analyses the broadband, mobile and fixed Line markets of a country as well as a range of economic …
Appointment signals growth push for company’s energy events portfolio in Asia
dmg events, a leading international events company, has appointed Mel Shah as Vice President of its Energy Sector, Asia.
Shah will grow the company’s energ…
Coveted Award Honors New, Innovative Link & Learn™ Sales Education System
Brandon Hall Group, one of the most well-known and established research organizations in the performance improvement industry, recognized Mary Kay with a coveted …
The electronics giant is firmly positioning itself as a regional leader in the innovative electronic goods space
United Arab Emirates based electronics retail giant ECity rolled out today its ambitious multi-million-dollar expansion pr…
Fidelity Bank Ghana has opened a new branch to offer its cherished customers a seamless banking experience.
The digital branch, located on the Osu Oxford Street opposite Shoprite, is the latest addition to the more than 70 branches of t…
Over 900 women were directly empowered by the Voltic Ghana Limited along its value chain in 2018, the company has said.
Most of these women who are at the lower end of the chain received livelihood empowerment skills in financial litera…
The government is hopeful that it will complete the necessary documentary procedures in order to make the proposed national carrier operational in the second quarter of 2019.
It is, however, putting in place the necessary impetus to sup…
The Management of Ghana Cocoa Board (COCOBOD) has denied media allegations that the Chairman of the Board of Directors of the company, Mr Hackman Owusu-Agyemang, had pocketed some per diem for a foreign travel, which he did not honour.
…
The Trades Union Congress (TUC) on Monday proposed a 15 per cent downward adjustment of utility tariffs to reflect wages and salaries of Ghanaians.
Mr Kwabena Otoo, the Director in charge of Research and Policy at the TUC, made the prop…
Mrs Elsie Addo Awadzi, the second Deputy Governor of the Bank of Ghana (BoG), on Monday urged financial journalists to exhibit high professional standards in their work to promote confidence in the financial system.
Mrs Awadzi said it w…
Management of Databank has refuted recent claims in the media it was dealing in gold collectibles. A statement issued in Accra by Gillian Hammah, Group Chief Marketing Officer, Databank said "we would like to assure our customers and the…
The Public Utilities Regulatory Commission (PURC) said the current depreciation of the local currency alone cannot be used to justify increases in tariffs for 2019. Mr Ishmael Agyekum, a Commissioner of PURC, said several other important f…
Government is focused on transforming the National Board for Small Scale Industries (NBSSI) into an enterprise development authority that will have regulatory and supervisory powers to deepen the small and medium enterprises (SMEs) sector.…
Three pension fund managers have signed preliminary agreements with the Ghana Amalgamated Trust (GAT) Limited to confirm their readiness to contribute patient capital to invest in five well run but undercapitalised indigenous funds in retu…
Ghana Amalgamated Trust; Support or Bail Out?
The Government of Ghana in an effort to support local banks in good standing to fall in-line with the Central Banks new minimum capital requirements has set up the Ghana Amalgamated Trust (…
Stocks opened the week lower as the benchmark index shed 11.79 points (-0.46%) to close at 2,561.63 with a -0.41% year-to-date return. Today’s performance was due to losses in five counters in the banking sector. Market capitalisation de…
Germany's economy grew by 1.5% last year, its slowest rate since 2013, the latest official figures show.
Figures from the Federal Statistics Office showed Europe's largest economy slowed sharply as the year wore on.
A weaker global e…
If it takes two to tango, then it surely takes more than one side to commit banking sector breaches that will later cost a nation of over 30 million people some GH¢12 billion to tidy up.
That is why any loud silence on how all persons c…
A tax Partner of accounting and auditing firm, PwC, Mr Abeku Gyan Quansah has described the rising interest payments as a worrying trend which needs to be reversed as soon as possible.
Currently, the government intends to spend GH¢18.…
It is announced for the information of the investing public that the Ghana Stock Exchange (GSE) has decided to compulsorily de-list Pioneer Kitchenware Limited (PKL) from the Main Equity Market of the Exchange. The company will be taken of…
As a business owner, one of the most important things to do is to let your customers and potential customers know that you supply a product and/or service. They need to form a clear association between what you supply and what services you…
Companies that are too hasty to conclude mergers and do not conduct due diligence and proper planning can set themselves up for failure, writes Tshepiso Poho, Senior Audit Manager at BDO.
Mergers are highly complex processes which can g…
African Development Bank Group approves investment in Climate Investor One’s Construction Equity Fund
The Board of Directors of the African Development Bank Group has approved a USD 32.5 million equity investment in Climate Investor One…
Ghana has been nominated for a Third Power Compact under the Millennium Challenge Account (MCA) alongside four other West African countries, including Burkina Faso, Ivory Coast, Benin and Niger.
Mr Martin Eson-Benjamin, the Chief Execut…
The Council for Scientific and Industrial Research (CSIR) in partnership with the Crops Research Institute (CRI) has introduced to farmers in the Fanteakwa and Atiwa Districts of the Eastern Region, a new improved vitamin ‘A’ rich orange m…
Global economic growth is projected to soften from a downwardly revised three per cent in 2018 to 2.9 per cent in 2019 amid rising downside risks to the outlook, the World Bank has said.
International trade and manufacturing activity …
About 27,000 farmers from Northern, Upper East and Upper West Regions have benefited from Sustainable Land and Water Management Project (SLWMP) funded by Global Environment Facility and World Bank to increase agriculture production and for…
Under its flagship programme, One-district One-factory (1D1F), the government is assisting Kasapreko Company Limited to access a $20 million Exim Bank loan to build a subsidiary state-of-the-art factory at Tanoso in the Atwima Nwabiagya Di…
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Stocks closed 8.43 points (-0.33%) lower, due to losses in five counters in the banking, petroleum marke…