Germany's Mercedes-Benz is to raise its stake in Aston Martin Lagonda as part of the UK carmaker's recovery plan.
Aston Martin, which has haemorrhaged cash since a disastrous stock market flotation, said Mercedes will increase its holdi…
Retailer Next says its sales were higher in the past three months than they were for the same period last year, after a 23% jump in online trade.
Full-price sales were up nearly 3%, while total sales were up 1.4% compared with the same …
Discussions for the transfer of AirtelTigo shares to the government of Ghana along with all customers, assets and agreed liabilities are in its advanced stages.
The transaction will be concluded by the execution of definitive agreements…
American model Chrissy Teigen has described the pain of losing her baby earlier this month.
At the time Teigen shared photos on Instagram of herself crying in hospital after learning that the baby boy she had been carrying was stillborn…
THE Chief Executive Officer of JL Properties, Dr James Orleans Lindsay has called on the government to open a window of conversation on the regularisation of land ownership in the country.
He said the government could use such a move …
The Board of Stanbic Bank Ghana has named Mr Kwamina Asomaning as the successor to its outgoing Chief Executive Officer, Mr Alhassan Andani. Mr Asomaning will take over from Mr Andani when her retires on November 30, 2020. In a statement i…
Stock Market Highlights
Losses in Societe Generale Ghana (-7.14%) and Ecobank Ghana (-8.33%) dragged the benchmark index down by 0.18% to close at 1,842.85 with a -18.36% year-to-date return. Market capitalization declined by 0.18% to set…
Building a harmonized and centralized Energy database through the African Energy Information System and Database (AEIS)
The AEIS is a continental energy information system designed by African Energy Commission (AFREC) to host and proces…
The International Air Transport Association (IATA) presented new analysis showing that the airline industry cannot slash costs sufficiently to neutralize severe cash burn to avoid bankruptcies and preserve jobs in 2021. IATA reiterated its…
Total’s Second Discovery in South Africa promises Gas-led Recovery for Southern Africa
The discovery further positions Africa as a global and competitive gas frontier that continues to offer very attractive exploration and gas commercia…
• Allianz Africa supporting the German Africa Foundation to recognize personalities who have contributed to foster sustainable development on the continent.
• Coenraad Vrolijk, Regional CEO represented Allianz Africa at the award ceremon…
The Chartered Institute of Marketing, Ghana (CIMG) has, over the past few months, been holding consultative meetings with stakeholders, over the localization of professional marketing examinations and what this means for Ghana. These serie…
African payment solutions are critical to minimising fraud while improving the free flow of funds to boost business and economic activity
By, Murray Gardiner, MD of Bluecode Africa
The statistics that hover uncertainty around Africa …
* SSA Investment banking fees recorded US$40.9 million in Q3 2020
* SSA equity and equity-related issuance reached US$2 billion while debt issuance totalled US$ 14.7 billion in the first nine months of 2020
South Africa – Re…
Celebrating its tenth year, the Anzisha Prize awards its top honour to 21-year-old Egyptian entrepreneur
Alaa Moatamed, Co-Founder of Presto, a leading delivery management service, takes home the $25,000 Grand Prize
With a pool of ta…
Market Summary
The benchmark index closed today’s session flat at 1,831.11 with a -18.88% year-to-date return while the market capitalization stayed at GH¢53.05 billion.
The GSE Financial Index recorded no gains or losses for two stra…
Introducing New E-PACE: Enhanced interior and exterior with advanced connectivity, new vehicle architecture and efficient powertrains
Enhanced exterior: Aerodynamically optimised bumper, revised lower apertures and state-of-the-art LED he…
Ecobank Ghana and the Devtraco Group yesterday signed a mortgage financing agreement under which Ecobank will provide exclusive financing arrangements to would-be homeowners desirous of patronising luxury and middle-income homes from Devtr…
The pandemic has reaffirmed our belief that technology can make us more human, not less
For large organisations, the past few months have been a stress-test of their digital infrastructures and their ability to quickly adopt new ways of…
No, energy transition does not mean a total ban on fossil fuels
By Dr. Victoria R. Nalule and Dr. Xiaoyi (Shawn) Mu of the CEPMLP, University of Dundee address the misconceptions surrounding the continued role of fossil fuels in the ene…
Understanding Asset Classes and Investment Risk (Part 1).
Recent developments in Ghana’s investment sector has heightened the need for investors to understand the basics of asset classes and risk associated with each asset class. The fi…
The International Monetary Fund (IMF) has explained that Ghana has not been re-admitted into the Highly Indebted Poor Countries (HIPC) Initiative which it exited about 16 years ago.
Consequently, the IMF has stated that a recent updat…
Professor Samuel A. Donkoh, an Associate Professor at the University of Development Studies has called on young entrepreneurs to move away from production to processing.
“The way out for our development is the processing of our agricult…
Mr Percy Ahenakwa, Assemblyman for the Komfueku-Ituma Electoral Area in the Shama District Assembly of the Western Region has said that plans were afoot to make the Shama District the business hub of the Western Region.
He said the Asse…
MTN Mobile Money(MoMo) Limited, a subsidiary of MTN Ghana, on Tuesday launched an insurance scheme in partnership with Enterprise Life Insurance and GGMB Brokers for Mobile Money (MoMo) vendors.
Any of the about 190,000 vendors would be…
MTN Mobile Money Limited in partnership with Enterprise Life has launched an insurance scheme for MTN Mobile Money Agents across the country.
The novelty by the Subsidiary of MTN that operates Mobile Money Financial Service in Ghana par…
The Widows and Orphans Movement (WOM), a Non-governmental organization has trained 20 women on soap making and business management skills in Pusunamongo in the Talensi District of the Upper East Region.
The trainees, were drawn from fiv…
Faced with sluggish sales to top export markets, virtually no foreign tourists, and decreasing restaurant sales due to COVID-19, Australian wineries are increasingly looking to locals to secure their livelihoods as coronavirus curbs ease.
…
Wall Street faces a rocky run-up to Election Day, with mounting worries about the outcome in Washington adding to nerves about the coronavirus pandemic and fading chances of stimulus.
The Cboe Volatility Index, Wall Street’s “fear gauge…
Covid-19, beyond its tragic trail of destruction in the world, presents opportunities for the transportation industry as it does for the pharmaceutical, technology and consumer industries.
In Ghana, like many countries across the glob…
About 70 young entrepreneurs in Accra have benefited from an intensive hands-on-skill training in hairdressing, general electricals, welding, barbering and catering to enable them to patronise their chosen vocation.
The beneficiaries we…
The 26th China Yiwu International Commodities (Standards) Fair concluded in Yiwu on October 25, 2020. As the first large-scale foreign trade exhibition presented both online and offline in China amid regular epidemic prevention and control…
MTN Group Chief Executive Officer, board chairman and other top executives visit Ghana as part of a tour of priority MTN markets
The MTN Group President & Chief Executive Officer Ralph Mupita and the Board Chairman of MTN Group Mcebisi …
First Major Broker to Allow Investors to Easily Align their Portfolio with their Values
Interactive Brokers Group (Nasdaq: IBKR), a global brokerage firm, today unveiled an innovative, interactive Impact Dashboard designed to help clien…
Weekly Highlights
• Producer Price Inflation settled at 9.60 percent.
• Yields on 91-Day and 182-Day T-Bills surged last Friday.
• Accra Bourse headed southwards on EGH woes.
• Ghana cedi depreciated against all three major tradi…
Bank-supported network to address corruption, unethical behavior, avenues of support for leadership
The Women in Ethics and Compliance in Africa network, (WECA), a new initiative creating a membership group for women executives and mana…
With Expo 2020 Dubai now less than a year away, the eyes of the world are back on this much-awaited event as it gears up to help shape the future. A homegrown hotel brand that can be found at the heart of communities across Dubai – Rove Ho…
Europe's biggest bank, HSBC, has said it could start charging for "basic banking services" after it reported a 35% fall in quarterly profits.
It said it was considering charging for products such as current accounts, which are free to U…
Globe Productions, lead organiser of the annual Ghana Business Awards, has announced a shortlist of 213 companies and individuals for the 2020 awards.
A statement announcing the shortlist said no less than 307 companies and individuals …
Dannex Ayrton Starwin (DAS) PLC, a pharmaceutical manufacturer, has signed a Memorandum of Understanding (MoU) with a healthcare service provider, mPharma Pharmaceuticals Limited, to boost the country’s healthcare supply chain.
Under th…
Expands Bank, Wallet and Card Payout with Real-Time Capabilities advancing Global Digital Network to meet Growing Customer Demand
Western Union (NYSE: WU), a global leader in cross-border, cross-currency money movement and payments, an…
Venture capitalist and entrepreneur Vab Goel established the firm to help rapidly scale startups from concept to global relevance
First five investments are driving the future of enterprise and digital health
NTTVC today publicly ann…
MTN Ghana has signed a Memorandum of Understanding (MoU) with the National Folklore Board (NFB) that allows MTN Ghana to digitize and host the Ghanaian Heritage on the MTN Ayoba App. The MoU, will amongst other things, facilitate the distr…
British-bred Royal Enfield is expanding aggressively as it aims to tap into the world's biggest motorbike-buying market, in Asia.
One of the world's oldest bike brands still in operation has been owned by India's Eicher Group since 1994…
Britain and Japan have formally signed a trade agreement, marking the UK's first big post-Brexit deal.
The deal, unveiled last month, means nearly all its exports to Japan will be tariff free while removing British tariffs on Japanese c…
Speculation is mounting that Samsung could be shaken up after the death of chairman Lee Kun-hee.
Shares in several Samsung businesses rose amid reports that his heirs could be forced into asset sales or dividend payments in order to pay…
The Chief Executive Officer (CEO), Ghana Investment Promotion Centre (GIPC), has indicated government's resolve to mitigate the economic effects of the coronavirus pandemic and restore the Ghanaian economy to its rightful place.
Mr. Yof…
ARB Apex Bank has opened a multi-purpose office building in Adweso, a suburb of Koforidua in the Eastern Region, to provide a safer and conducive working environment for Rural and Community Banks (RCBs) in the region.
The GH¢3,142 milli…
The Tema Oil Refinery (TOR) has inaugurated its branch of the General Transport Petroleum and Chemical Work Union (GTPCWU) of TUC with a call on the government to provide the refinery with the needed crude to operate.
Mr Bernard Owusu, …
The Mobile Money Agents Association of Ghana (MMAAG) has called on mobile money operators in Tema and its environs to join the association for a stronger and united voice.
Mr Evans Otumfuo, General Secretary, MMAAG, speaking to the Gha…
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