The Gold Assay Centre at the Kotoka International Airport (KIA) is significantly having a mitigating effect on tax evasion in the gold export sector.
The Minister of Lands and Natural Resources, Mr Kwaku Asomah-Cheremeh, said since its …
Half of all work tasks will be handled by machines by 2025 in a shift likely to worsen inequality, a World Economic Forum report has forecast.
The think tank said a "robot revolution" would create 97 million jobs worldwide but destroy a…
The end of cheaper restaurant meals pushed UK prices up last month after the Eat Out to Help Out scheme expired.
The UK's inflation rate, which tracks the prices of goods and services, climbed to 0.5% in September, from 0.2% in August.
…
Mr Clifford Ashun, the Central Regional Head of the Museums and Monuments Board (MMB) has commended government for its resolve to establish an airport in the historic and academic city of Cape Coast.
Speaking in an interview with the GN…
President Nana Addo Dankwa Akufo-Addo has launched the 2017/2018 National Report of the Ghana Census of Agriculture.
The Census report will provide a basis to monitor the progress of Government’s interventions, offer insights on the tra…
The Chief Executive Officer of the National Food Buffer Stock Company (NAFCO), Alhaji Hanan Abdul-Wahab Aludiba, says the country has enough food for domestic use and excess for export due to the introduction of the Planting for Food and J…
Parliament on Tuesday approved two separate loans of over 81 Million Euro to finance the Secondi-Takoradi Water Supply Rehabilitation and Expansion Project.
The loans are: Oeke-Backed agreement amounting to €70,733,432 and commercial lo…
A total of 553 rural communities in five regions will soon be connected to the national electricity grid.
Already, an amount of $ 103, million, which is being used to finance the project has been secured by the government and approved b…
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The Smoothest Ice Cream You’ll Ever Taste
ColdSnap Makes On Demand Ice Cream, Frozen Cocktails, Frozen Yogurt, & Smoothie…
African Airlines Association Secretary-General Abdérahmane Berthé in a wide-ranging interview provides key insights on the current situation in the African aviation industry, the ways in which the sector can achieve a successful restart an…
* Ronald Dodo-Tabaziva, currently Lead Property Underwriter is appointed Head of Property in South Africa.
* Robert Ter Morshuizen, who oversaw Property, Energy and Construction will focus on Energy and Construction.
Allianz Glob…
The Bank Fines 2020 report reveals the list of banks that faced the biggest fines in 2020 on a Year-to-Date (YTD) basis. Fines were imposed by regulators for breaches of different protocols like Anti-Money Laundering (AML), violation of Kn…
Coming on the heels of the successful conclusion of the maiden edition of its Pan-African E-Conference, Investment and Financial services conglomerate, United Capital Plc, is set to host the 2nd edition of its conference on Friday, Octobe…
TymeBank, a leading digital bank in South Africa signs with Network International to empower SME businesses to accept electronic payments
TymeBank offers a modern alternative to traditional banking brands and aims to make banking more a…
“COVID has shown the world that you cannot just take the planet for free but that you have to take care of it as well.”
This is according to Pratik Gauri, the president of the 5th Element Group, a global impact management consultancy, w…
• Top 150 most valuable African brands from inaugural Brand Finance Africa 150 2020 ranking stand to lose up to US$6.3 billion of cumulative brand value following devastating COVID-19 pandemic
• MTN is Africa’s most valuable brand, brand …
THOUGHT OF THE WEEK
How to Analyze a Stock before Investing.
Stock is one major asset class for investors who seek to grow their investment. Investors rely on several sources for information before making a decision to buy a particular…
Ryder called for post COVID-19 policy frameworks to be consistent with the principles set out in international human rights instruments and social security standards
In written statements to the annual meetings of the IMF and the World …
Market Summary
The benchmark index advanced by 8.35 points (+0.45%) on the back of MTN Ghana (+1.64%) to close the session at 1,852.30 with a -17.94% year-to-date return while the market capitalization increased by 0.16% to GH¢53.27 billi…
• Allianz is named the world’s N°1 insurance brand in Interbrand’s Best Global Brands Ranking
• The ranking confirms Allianz’s growing brand strength and relevance in people’s lives
• Allianz’s resilience and focus on customer centricity…
African and US development financiers reaffirm their commitment to attracting greater private sector capital to AfricaThe continent’s largest development finance institutions have emphasized that a sustained and collaborative approach amon…
President Nana Addo Dankwa Akufo-Addo has launched the 2017/2018 National Report of the Ghana Census of Agriculture.
The Census report will provide a basis to monitor the progress of Government’s interventions, offer insights on the tra…
A new research into Ghana’s tax regime has proposed a tiered tax system for micro, small and medium enterprises (MSMEs) in the country.
The research which was carried out by the Private Enterprise Federation (PEF) with support from …
Consolidated Bank Ghana (CBG) has partnered Allianz to provide bancassurance services to its clients. This partnership is designed to provide convenience for CBG customers, as they will be able to conduct all their financial business in on…
Gozem, Africa’s Super App, today announces its acquisition of Delivroum, the leading food delivery app in Togo. This transaction combines the strength of Gozem’s transportation network with the breadth of Delivroum’s restaurant network, cr…
African Heads of State call on world leaders to increase investment in IFAD to end rural hunger and poverty
Ten African Heads of State have issued a strong call to other world leaders to increase their funding to the International Fund …
Five Key Factors for a Future-Oriented Digital Transformation of Electric Power Enterprises
IDC and Huawei Jointly Released the White Paper for the Electric Power Industry
At HUAWEI CONNECT 2020, IDC and Huawei (Huawei.com) jointly r…
The CHRYSO Group, one of the world leaders in construction chemicals, today announced the signing of an agreement to acquire a majority stake in APTEX.
Present for more than thirty years in Morocco, the CHRYSO brand enjoys a solid reput…
AMC Entertainment Holdings Inc, the world’s largest theater chain, said on Tuesday it would issue shares to raise cash, but warned it may still not have enough liquidity to help it avoid restructuring its debt.
The company, whose shares…
Shares recouped some of their early losses on Friday and the dollar hit a one-week low but held in recent ranges, as cautious investors adjusted risk exposure before the U.S. election and record COVID-19 cases in Europe weighed on sentimen…
Emirates named ‘Outstanding Airline Company of the Year’ at the coveted Ghana Business Standard Awards
Emirates’ focus on meeting and exceeding customer expectations was recognized last night at the Ghana Business Standard Awards 2020 w…
As China marks its National Poverty Relief Day and United Nation's International Day for the Eradication of Poverty on October 17, the 128th China Import and Export Fair (Canton Fair) continues to help companies from less-developed region…
The coronavirus induced recession has plunged many countries into economic uncertainty as a result of the severe containment measures. As expected, the pandemic has triggered massive losses in different sectors of the economy which can be …
Africa Women Innovation and Entrepreneurship Forum Announces Speaker Line-up for AWIEF2020 Conference
The AWIEF has remained Africa’s largest and most prestigious women entrepreneurship platform where participants can network, connect a…
African trade experts have called for swift implementation of the African Continental Free Trade Area (AfCFTA) as a strategy to lifting the continent out of an economic downturn caused by Covid-19.
The pandemic had, for the first time i…
Recognition of pivotal role in European Fintech success story
Leading payments issuer processor, Global Processing Services (GPS) has secured a strategic investment from strategic partner, Visa Inc., the world’s leader in digital payme…
Allianz appoints Regional Head of Global Client Service and Multinational for Mediterranean & Africa, IberoLatam
* Delphine Berquand is appointed AGCS Regional Head of Global Client Service and Multinational for Mediterranean & Africa…
The Africa Fertilizer Financing Mechanism, OCP Africa team up to increase access to fertilizers in Côte d’Ivoire and Ghana
The project will reduce potential risks along the agricultural value chain, and improve access to quality inputs,…
Weekly Highlights
• Inflation dropped to 10.4 percent in September
• Yield on 5-Year Bond now at 19.85 percent, upped by 60 basis point.
• Interest rate on 91-Day and 182-Day T-Bill dropped, but 364-Day T-Bill surged.
• Accra Bours…
Visa and Mastercard have been accused of cashing in during the coronavirus crisis by charging "excessive fees".
British retail groups say the scheme fees charged by payment firms have almost doubled in the last two years.
They warn t…
Ecobank Ghana (-1.17%) moderated the benchmark index by 2.16 points (-0.12%) to start the week at 1,843.95 with a -18.31% year-to-date return while the market capitalization decreased by 0.16% to settle at GH¢53.19 billion.
The GSE Fi…
The Bank of Ghana has just been conferred with an award as the best central bank in the world for 2019. This is no mean feat. There are central banks around the world that have consistently been exemplary in their conduct, but in 2019, the…
Alibaba’s digital economy to boost growth and consumer engagement for online and offline merchants
Alibaba Group Holding Limited (NYSE: BABA; HKEX: 9988) today kicked off its 11.11 Global Shopping Festival (“11.11” or “Festival”) with n…
The Ghana Cocoa Board (COCOBOD) has rolled out a comprehensive data gathering exercise to improve the management of the sector.
This follows the successful piloting of the exercise in selected cocoa-growing communities, during which abo…
Chinese tech giant Alibaba will take control of leading hypermarket and supermarket chain Sun Art Retailing.
The tech titan is looking to boost its offline shopping services and gain further ground in China's booming retail market.
A…
Collapsed regional airline Flybe could restart operations as soon as next year, after a former shareholder stepped in to buy its remaining assets.
The airline plans to "start off smaller than before", its new owner Thyme Opco said, with…
Customs duties on trading within Africa will be reduced from next year onwards when the African Continental Free Trade Area (AfCFTA) agreement comes into force on January 1, 2021.
The Secretary General of the AfCFTA Secretariat, Mr Wamk…
Mr Hayford Yao Dometi, Founder, Effort Beekeepers Association in the South Dayi District of the Volta Region, has appealed to government, philanthropists and benevolent organisations for support to expand their businesses to help grow the …
The Director General of the Burkina Shippers’ Council (CBC), Mr Erve Sebastien Ilboudo, has commended the Ghana Shippers’ Authority (GSA) for its commitment towards the promotion and facilitation of transit trade.
He expressed gratitude…
The KGL Group has received "The Most Outstanding Customer Award" from the Management of Stanbic Bank Ghana Limited. The Award was presented to Mr. Alex Dadey, Executive Chairman of KGL by Nana Dwomoh Benneh, a Management member of Stanbic …