Mr Aminu Mohammed Zakari, the Municipal Chief Executive for Ayawaso North has called for the support of small-scale farmers to become commercially viable to transform the economy.
He said about 80 per cent of the Ghanaian farmers were i…
Singles Day, the world's biggest online shopping event, has kicked off with consumers estimated to spend billions of dollars - much of which is being eyed by scammers.
This year's event is expected to continue to break records across As…
Guinness is recalling cans of its non-alcoholic stout because of contamination fears, just two weeks after they were launched.
The brewer described the recall as "precautionary", but said "microbiological contamination" might mean some …
Pan-African Carrier, Ethiopian Airlines, has won the “Customer Choice Airline of The Year Award” at the just-ended National Customer Service Awards held in Accra.
The Airlines beat off stiff competition from other renowned international…
The African Capacity Building Foundation (ACBF), African Union’s specialised Agency for Capacity Development, would hold its 29th Meeting of the Board of Governors (BoG) on Wednesday.
It is the highest policy-making organ tasked with th…
Government has approved an amount of $200,000.00 for the construction of a plantain processing factory at Agogo in the Asante Akim North District.
The project, which is part of the one district one factory initiative, is to help provide…
Mr Kwaku Agyemang-Manu, the Minister of Health, says the government has formulated laws to regulate the pricing of cashew and sanitise the sector.
He explained that a partnership agreement with a private entity towards the realisation o…
Speaking at AfricaCom Upstream's Chief Commercial Officer highlighted how African operators can diversify and not miss new revenue streams.
Please find the press release with more details.
Chevaan
Network Operators Risk Missing "Mas…
The International Air Transport Association (IATA) is urging Africa’s health and transport authorities to accelerate and expand the harmonized implementation of the International Civil Aviation Organization’s (ICAO) Council Aviation Recove…
The African Energy Chamber has notably found that while not insulated to COVID-19, gas markets have been less exposed than that of oil to the shocks of 2020
In its latest Africa Energy Outlook 2021 released earlier this week, the Africa…
e-Conomy Africa 2020, a new report released today by Google and the International Finance Corporation (IFC), estimates that Africa's Internet economy has the potential to reach 5.2% of the continent's gross domestic product (GDP) by 2025, …
AVEVA Expands its Collaboration with Microsoft with a Focus on Cloud and AI to Drive Digital Transformation in the Manufacturing and Energy Industries
AVEVA to Collaborate with Microsoft to Provide Cloud Platform and Domain Expertise fo…
Market Summary
The benchmark index recorded no gains or losses at today’s session, closing at 1,813.46 with a -19.66% year-to-date return whiles the market capitalization stayed at 52.87 billion.
The GSE Financial Index remained unchan…
Upstream’s Chief Commercial Officer, Raul Martinez, outlines the importance of diversifying revenue streams & exploring digital trends to close Africa’s digital divide
London, November 11, 2020 Mobile Network Operators (MNOs) are missi…
Ecobank’s focus on Non-Communicable Diseases (NCDs) for annual Ecobank Day enters its second phase
The leading pan-African banking group, the Ecobank Group (Ecobank.com), today celebrates its eighth annual Ecobank Day, which is the Grou…
The African Airlines Association (AFRAA) concluded its 52nd Annual General Assembly today with a rallying call for airlines to take specific measures to build resilience and emerge stronger after the crisis. The Assembly further called for…
New report confirms global investment rise in 2013-2018, but calls for considerable mobilisation of capital to recover from COVID-19 and build a climate-safe world.
Global renewable energy investment increased between 2013 and 2018, rea…
On November 19th 2020, The Intra-African Trade Fair, (IATF2021) will present an expert panel discussion focused on African Fashion: The Journey to the Global Market.
This online event designed for the emerging African Fashion sector is …
Jerry Rollins began his professional career as an “enforcer” — a major league hockey “tough guy” synonymous with aggressive play. When he put away his sticks for the last time, he had to reinvent himself. He built a new career from scratch…
WEEKLY MARKET REVIEW FOR WEEK ENDING NOVEMBER 06, 2020?
MACROECONOMIC INDICATORS
Q2, 2020 GDP Growth -3.2%
Average GDP Growth for 2020 0.9%
2020 Projected GDP Growth 0.9%
BoG Policy Rate – Sep, 2020 14.50%
Weekly Interbank Inter…
There are few things more traditional and widespread than agriculture in Africa. While the continent holds around 60% of the world's uncultivated arable land, Africa remains a substantial net importer of food and has a growing population t…
As the African Energy Chamber sets for litigation, BEAC postpones implementation of new Forex Regulation towards 2021
The Chamber remains determined in its commitment to seek a fair and just resolution that puts forth the interests of A…
A strategy document has been developed to grow yam exports from US$13,689,696 (2019) to about US$108 million by 2029 under the new National Export Development Strategy (NEDS).
Among the specific interventions in the strategy document re…
Orange is strengthening its position as leader in connectivity in Africa with Djoliba, the first pan-West African network
Djoliba is the first unified superfast broadband network that provides seamless connectivity, with better availabi…
Government is supporting investment in the gas infrastructure to ensure significant shift from oil based power generation to gas based power generation.
In the long term, however, the plan is to invest in the nuclear power, which can be…
China has proposed new regulations aimed at curbing the power of its biggest internet companies.
The regulations suggest increasing unease in Beijing with the growing influence of digital platforms.
The new rules could affect homegro…
Finance Minister Ken Ofori-Atta says 19 out of 28 State Owned Enterprises (SOE’s) have projected to post losses of about GH¢1.6 billion for 2020, due to the COVID-19 pandemic.
According to Mr. Ofori-Atta, the state even had to offer hel…
Asian stock markets have moved higher on good news about an effective vaccine for Covid-19
Japan's Nikkei 225 index opened more than 1.5% higher, to reach its highest level in almost 30 years.
Hong Kong's Hang Seng opened 1.8% higher…
The Association of Ghana Industries says over 70 per cent of companies are optimistic that business situation would improve in the next six months.
In its research report on assessing the impact of covid-19 on businesses in the country,…
Professor Godfred Bokpin, Senior Lecturer, University of Ghana Business School, says government needs an inclusive policy that involves the views of Ghanaians in the recovery plan for post-COVID-19.
“Government programmes for post-COVID…
Mr Robert Ahomka-Lindsay, the Deputy Minister for Trade and Industry, has pledged the government’s continuous support to women entrepreneurs to effectively contribute to the country’s economic development.
He said women businesses accou…
President Nana Akufo-Addo says government has disbursed GHS 600 million to 200,000 Small and Medium Enterprises (SMEs) as loans under the Coronavirus Alleviation Programme to aid their recovery.
He said government has launched a 2 billi…
The first of the regional conferences on the implementation of the Africa Continental Free Trade Area (AfCFTA) Agreement and the National Export Development Strategy will be held tomorrow in the Ashanti Regional capital of Kumasi.
Mr S…
Sophisticated design: Enhanced exterior features distinctive new LED headlights and tail lights with fresh front and rear bumpers. New R-Dynamic provides assertive road presence
Contemporary interior: Enhanced centre console features adva…
Global stock markets are "overthinking the positive vaccine news," warns the CEO of one of the world's largest independent financial advisory and fintech organizations.
The warning from Nigel Green, the chief executive and founder of de…
Thursday, November 24, 9:00 a.m. to 10:15 a.m. - U.S. Central Standard Time (CST)
The economic impacts of COVID-19 are being felt throughout the world, with some regions facing deeper and longer-lasting negative effects than others. Alo…
Weekly Highlights
• Yield on 2-Year Note still unchanged at 18.50 percent.
• Government raised a total of 1.92 billion from the primary market last Friday.
• Accra Bourse deepened its year-to-date losses of its indices.
• Ghana…
Indo-Africa Summit panel calls for strong Public-Private Partnerships (PPPs) to close Africa’s infrastructure gap, strengthen trade
The three-day event, which took place virtually from 4 to 6 November, drew lessons from India’s public-p…
African Energy Chamber issues rallying call to all industry stakeholders to work together on a reform agenda to keep African natural resources competitive and create jobsShort-term outlook for African oil & gas remains marked by Covid-19 a…
Today, the economic winds are at our backs. There is so much we can do this year and beyond to make Africa more prosperous and hopeful—and this time, for everyone. Covid-19 should be a wake-up call that it can no longer be business as usua…
Market Summary
The benchmark index inched down by 0.33 points (-0.02%) as a result of a downward price movement in Benso Oil Palm Plantation (-10.00%) to open the week at 1,813.46 with a -19.66% year-to-date return. The market capitali…
The Africa Enterprise Challenge Fund (AECF), International Finance Corporation (IFC) launch Global Competition for Private Sector and Social Enterprises in Kenya’s Kakuma Refugee Hosting Area
Innovative businesses and social enterprises…
Värde Partners, a leading global alternative investment firm, today announced the final close of The Värde Dislocation Fund (the “Fund”) with more than $1.6 billion of commitments, exceeding its $1 billion target in five months of fundrais…
The UK's unemployment rate rose to 4.8% in the three months to September, up from 4.5%, as coronavirus continued to hit the jobs market.
Redundancies rose to a record high of 314,000 in the same period, the Office for National Statistic…
Most Reverend Gabriel Yaw Anokye, the Catholic Archbishop of Kumasi, has asked financial institutions to strictly adhere to rules and regulations set by the Bank of Ghana to guide their operations.
He said the regulations were to protec…
Mr Kwadwo Ansah-Sem, Juaben Municipal Chief Executive (MCE), has reiterated government’s commitment to strengthen the private sector to lead the agricultural industrialization of the country.
He said the government’s focus was to provid…
In August 2019, President Akufo-Addo outdoored the State Interests and Governance Authority (SIGA) to replace the then Divestiture Implementation Committee and the State Enterprises Commission.
One year on, the authority will on Tuesday…
The government has begun exploring new avenues in a fresh bid to release the Electricity Company of Ghana (ECG) to a private concessionaire for management.
This is after a similar move in the past failed amidst controversies and allegat…
Bolt, a ride-hailing industry in Africa, has expanded its categories with the launch of ‘Bolt Comfort’ service category explicitly designed for riders seeking more relaxation and ease.
Selection of drivers into the ‘Bolt Comfort’ catego…
Unpacking the value of sustainable business continuity in a landscape defined by complexity and uncertainty
Four pillars define sustainable business continuity: process, procedure, decision making, and activities. Each of these shapes …
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