The Programme is a new service for mining companies, investors and analysts to raise capital, pitch their companies and originate deals
Investing in African Mining Indaba (Mining Indaba) (MiningIndaba.com) today announced the launch of …
Engineers & Planners, the Ghanaian based business has joined the battle to buy out Perth in Australia based Cardinal Resources, topping previous bids for the gold explorer with a new cash offer of $1.05 per share.
Engineers & Planners o…
Participants in a workshop on seed legislation have adopted a set of recommendations to be implemented by relevant authorities in the seed sector.
The recommendations included the establishment of a seed development fund; a national awa…
The Ghana Census of Agriculture (GCA), 2017/2018 has recommended the promotion of agriculture as a viable business among the youth.
It said they should be attracted, especially those with tertiary level education, among whom unemploymen…
An initiative meant to empower social enterprises in the country to be able to explore opportunities of the African Continental Free Trade Agreement (AfCFTA) is underway.
Spearheaded by the Social Enterprises (SE) Ghana (the umbrella bo…
Stocks, oil and risk currencies, including bitcoin, gained on Tuesday as U.S. President-elect Joe Biden got the formal go-ahead to begin his transition to the White House.
The world’s most popular cryptocurrency rose 3% to near its rec…
Bitcoin moved to within a whisker of its all-time high on Tuesday, after hitting $19,000 for the first time in nearly three years.
The world’s most popular cryptocurrency was last up 4.8% at $19,225, just shy of its all-time record of $…
Labour activists in the US say big retailers like Amazon and Walmart must do more to protect workers as surging coronavirus cases coincide with the holiday shopping rush.
They are calling for hazard pay, paid sick leave and better commu…
Some customers of Blackshield Fund Management Company have started receiving text messages alert from the Securities and Exchange Commission (SEC) to enable them to proceed with the next steps to be paid.
SEC explained that the Commissi…
The Deputy Chief Executive Officer (CEO) in charge of Operations at Ghana Cocoa Board(COCOBOD), Dr Emmanuel Opoku has reminded cocoa farmers to appreciate the Akufo-Addo -led administration for the special interventions in the cocoa sector…
Mr Maxwell Kofi Juma, Managing Director, GIHOC Distilleries Company Limited has called on his employees to be productive by taking up challenging in the local beverage industry.
In doing this, he said human skills should not be underes…
Rural and Community Banks (RCBs) experienced modest gains in deposits mobilization and thereby, positioned the rural banking industry firmly in the country's financial sector.
The total deposits of RCBs grew from GHc 2.85 billion in 201…
Market Summary
GCB Bank (+0.26%) inched the benchmark index upward by 0.26 points (+0.01%) to start the week at 1,822.09 with a -19.27% year-to-date return while market capitalization stayed at GH¢53.12 billion.
The GSE Financial Inde…
The International Air Transport Association (IATA) announced a revised outlook for airline industry performance in 2020 and 2021. Deep industry losses will continue into 2021, even though performance is expected to improve over the period …
One ought not to doubt the Kingdom of Morocco’s abiding sincerity in its commitment to the principles of multiculturalism and to the diverse identities that constitute the whole of this Islamic nation. This embracing on the part of the gov…
Many African governments will take steps to adjust the fiscal regimes in 2021 to improve competitiveness
Projected market conditions for 2021 do not indicate a return to high commodity prices, implying that the super profit era of petro…
Siemens Gamesa works through COVID challenges to help feed 250MW of clean energy to South Africa’s grid
Siemens Gamesa has installed over 850MW of wind power in the country, close to one third of market share
109 wind turbines instal…
Located 65kms east of Lagos, in the immediate vicinity of upcoming Lekki Deep Sea Port, the Lagos Free Zone aims to enhance the ease of doing business in Nigeria
Lagos Free Zone (LFZ) (www.LagosFreeZone.com), the first privately owned s…
The U.S. Chamber of Commerce’s U.S.-Africa Business Center (USAfBC) will host its 2020 U.S.-Nigeria Digital Economy Conference on December 3. This will be the third annual digital economy conference hosted by the USAfBC and will focus on …
Oil and Gas Discoveries and Activity in Southwest Africa Set to Open New Basins for Development and Trigger Big Investments in Namibia, Angola and South Africa
Last spring, the Maersk Voyager, an ultra-deepwater drillship under contract…
• Move is aimed at supporting Ghanaian rice farmers and creating jobs
• The two brands – Fortune Local Rice and Viking Local Rice – to be sold across all regions
Wilmar Africa Limited, the manufacturers of Frytol cooking oil, Fortune a…
Expands Real-time Payout into Billions of Bank Accounts to 100 Countries
Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, announced it has expanded real-time digital payout capabilit…
Weekly Highlights
• Producer Price Inflation settled at 8.4 percent in October 2020
• 91-Day T-Bill rose by 6 basis points to 14.06 percent.
• Ghana Stock Exchange closed on a mixed note.
• Cedi depreciated against all the three m…
The International Air Transport Association (IATA) announced that it is in the final development phase of the IATA Travel Pass, a digital health pass that will support the safe reopening of borders.
Governments are beginning to use test…
This knowledge translation effort will ultimately help strengthen national and regional health system design and performance
The World Health Organization (WHO) and partners launched an online platform today to promote the exchange of e…
President-elect Joe Biden is expected to name Janet Yellen to lead the treasury department, US media report.
If confirmed by the Senate, she would be the first woman to hold the position in US history.
The 74-year-old economist previ…
The Ghana Cocoa Board (COCOBOD) has introduced a new agro-chemical that treats soil acidity and improves yields on cocoa farms.
The chemical, known as Omya Calciprill, is a high quality soil conditioner from Germany that rids soils of t…
The days of “I don’t have money on me” are long gone. With the advent of mobile money all you need to do is get your mobile device and transfer money from one wallet to another. Whether banked or unbanked, there is no excuse.
Today, the…
The Monetary Policy Committee (MPC) of the Bank of Ghana has kept the policy rate unchanged at 14.5 per cent for the fourth consecutive session, citing improved outlook to growth and inflation.
Addressing a press conference in Accra, Dr…
Europe's fur industry is back in the spotlight after Denmark's mass culling of millions of mink following an outbreak of coronavirus at farms in the country.
Earlier this month, Prime Minister Mette Frederiksen announced that all mink w…
The Electricity Company of Ghana (ECG) is investing in key projects to ensure reduction in power outages by 70 per cent, the Managing Director of the company, Mr Kwame Agyeman-Badu, has said.
He said the company was investing a $100 mil…
For many people in northern Ghana, particularly rural women, their meals are not complete without the locust bean, known locally as dawadawa.
In fact most often, it is used as a substitute for meat and in some instances, without it, no …
The Ghana Revenue Authority (GRA), in collaboration with the Ghana Union of Traders Association (GUTA), is to carry out sustained nationwide tax education programmes to ensure voluntary compliance.
Mr Edward Gyambrah, Acting Commissione…
The La Community Bank Limited is to introduce mobile banking services with a dedicated App and USSD Code to bring digital and electronic banking to the doorsteps of customers.
This would enable customers to access a large number of basi…
Against the backdrop of the unprecedented COVID-19 pandemic, West African consumer sentiment has experienced a lift of 8 points in the Nielsen Consumer Confidence Index (CCI) for Quarter 3, 2020 with Nigeria CCI increasing to 116 from; up …
Digital African Utility Week to feature multi-million rand investment in South African biomass industry
Six companies, specialised in biomass valorisation, have teamed up to develop new business initiatives in South Africa using solid …
Infobip, a global cloud communications platform that enables businesses to build connected customer experiences across all stages of the customer journey at scale, has appointed Olufunmilayo Okubena as country manager for its operations in…
With the world and the Asia-Pacific region undergoing profound changes, China has called for joint efforts to build an Asia-Pacific community with a shared future featuring openness, inclusiveness, innovation-driven growth, greater connect…
Oil and Gas Discoveries and Activity in Southwest Africa Set to Open New Basins for Development and Trigger Big Investments in Namibia, Angola and South Africa (By NJ Ayuk)
This is a time for the oil and gas companies that are involved …
Middle East & Africa region expanded to include India and Turkey, under management of the Dubai Regional Office
It is in a strategic but natural move that we are integrating India and Turkey to our portfolio with long term plans in si…
Market Summary
The benchmark index closed the week 0.11 points (+0.01%) higher at 1,821.83 with a -19.29% year-to-date return on the back of Fan Milk (+0.93%) while the market capitalization stayed at GH¢53.12 billion.
The GSE Financ…
Stock Market Highlights
Fan Milk Ghana (+0.93%) was the sole gainer this week, pushing the benchmark index up by 0.01% to close at 1,821.83 with a -19.29% year-to-date return while market capitalization increased to settle at GH¢53.12 bil…
Africa Industrialisation Day: African Development Bank calls for Faster Industrialisation of African Economies
The African Development Bank counts Industrializing Africa as one of its High-5 key strategic aims, critical for the transfor…
African Business Council (AfBC) emerges as united voice of the continent’s private sector in support of the African Continental Free Trade Area (AfCFTA)
The AfBC will serve as a key pillar within the architecture of the AfCFTA by ensuri…
Mr Kwaku Asomah-Cheremeh, the Minister for Lands and Natural Resources, has reiterated the commitment of the government to partner the mining industry to stimulate broad-based sustainable growth for transformation of the economy.
He sai…
Chinese President Xi Jinping has called for a "global mechanism" that would use QR codes to open up international travel.
"We need to further harmonise policies and standards and establish 'fast tracks' to facilitate the orderly flow of…
Advans Ghana Savings and Loans, has won three awards at the just-ended 4th “Sustainability and Social Investment Award Ceremony”, held in Accra, for its outstanding performance in the financial sector and contribution to national developme…
Mr Alan Kyerematen, the Minister of Trade and Industry, says countries need to move beyond the narrative of a continental free trade area to operationalizing the principles of a single market and ensuring that trading is commercially and b…
Early Christmas shopping and discounting by stores helped to lift UK retail sales in October, the latest official figures have indicated.
Sales rose by 1.2% last month, the Office for National Statistics (ONS) said, the sixth month in a…
Kenya's flower exporters are enjoying a good year, despite problems caused by the restrictions imposed to contain the spread of coronavirus.
The value of exports like cut flowers reached $1.1bn (£845m) between January and October, almos…
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