Professor Samuel Kobina Annim, the Government Statistician says the new Statistical Service Act (Act 1003) passed in 2019 will help address challenges in misreporting and misrepresentation in statistics.
Prof. Annim said, under the Act,…
Mr Richard Okyere-Fosu, Acting Director-General, National Information Technology Agency (NITA) has called on workers in the public sector to adopt Smart Workplace, a digital platform, to enhance efficiency in the discharge of their duties.…
The fishing occupation is often seen as a male dominated area. It takes a critical analysis in the entire value chain to appreciate the enormous role women play in the fisheries sector. Fishing drives the economy of the coastal communities…
The government has launched a GH¢2 billion guarantee scheme to support universal banks in the country to offer financial support to small and medium enterprises (SMEs) for them to recover from the COVID-19 shocks.
The Ghana Care Guarant…
The Precious Minerals Marketing Company (PMMC) Limited has commended the National Security and other agencies for the arrest of four persons at the Kotoka International Airport (KIA) trying to smuggle gold out of the country.
"We commen…
Rural, and Community banks have been commended for instituting stringent and innovative strategies to remain resilient amid the coronavirus pandemic.
Mr. George Kwaku Annor, Ashanti Regional Manager of the ARB Apex Bank, who gave the co…
Poverty rates in the US are rising, as government aid winds down despite ongoing economic distress caused by the pandemic.
Nearly 8 million Americans - many of them children and minorities - have fallen into poverty since May, universit…
Shippers in the transit business have made a strong appeal to the Bank of Ghana (BoG) to impress on financial institutions operating in the country to accept financial transactions in CFA.
The limited CFA transactions by the banks, they…
Madam Justina Owusu-Banahene, the Sunyani Municipal Chief Executive (MCE) has pleaded with residents, especially football loving fans to exercise patience as the Municipal Assembly was organising to move out traders from the Sunyani Corona…
Mr Kwame Agyapong Oppong, Head of Fintech and Innovation, Bank of Ghana has called for the publication of names of mobile money fraudsters in the media.
He said that was the only way to 'name and shame' the fraudsters and deter others fro…
The Jack Ma Foundation announced the Top 10 finalists for its 2020 Africa's Business Heroes edition.
On October 21st, all finalists will be particpating to an online press conference and answering your questions.
If you are willing…
17 October is marked as International Day for the Eradication of Poverty by the United Nations (UN).
The University of the Free State (UFS) is involved in several initiatives aimed at empowering communities to create a sustainable livel…
GWM (601633.SS/02333.HK), a world-renowned SUV and pickup manufacturer, has revealed that its new POER pickup, with the name recently announced at Auto China 2020, will firstly launch in Australia, South Africa, Saudi Arabia and Chile, enh…
The benchmark index moderated by 4.55 points (-0.25%) to close at 1,846.41 with a -18.20% year-to-date return while the market capitalization inched down by 0.09% to settle at GH¢53.27 billion.
Ecobank Ghana (-4.25%) edged the GSE Fin…
“Somalia is open for business” – Somali Petroleum Authority CEO joins panel of experts to discuss hydrocarbon investment
With seven blocks on offer, the round, set to conclude in March 2021, presents Operators with the opportunity to en…
China on Wednesday vowed to unswervingly expand the all-around opening-up of its economy as it held a grand gathering marking the 40th anniversary of the establishment of the Shenzhen Special Economic Zone (SEZ) in this boomtown in souther…
The President of the Chartered Institute of Marketing Ghana (CIMG), Dr Kasser Tee has called on Ghanaians to support Ghanaian businesses by patronising “Made in Ghana” goods. Speaking on the theme: “Advertising Beyond Covid-19: Reintegrat…
Bitcoin's price is set to "surge before the end of 2020" with investors keen not to "sleepwalk" through a 2017-style mini-boom, says the CEO of one of the world's largest independent financial advisory and fintech organizations.
The pre…
MTN Group is pleased to announce that it has been named the most valuable African brand in the Brand Finance Africa 150 2020 ranking, which ascribes a brand value of US$3,3 billion to MTN.
Brand value is the net economic benefit that a …
The Public Interest and Accountability Committee (PIAC) has called on government to initiate punitive measures against contractors who execute shoddy works on oil-funded projects.
PIAC, which has oversight responsibility over the manage…
The Governor of the Bank of Ghana, Dr Ernest Addison, has been named as the Central Bank Governor of the Year for Sub-Saharan Africa.
The GlobalMarkets, a newspaper published digitally to cover the this year's Virtual IMF/World Bank Ann…
The Ghana International Trade Commission (GITC) has ruled that aluminium coils and circles from China are being dumped onto the Ghanaian domestic market, causing material injury and a threat of material injury to Ghanaian industry.
Prof…
Will loan losses from the coronavirus recession get worse, much worse or extremely worse over the next six-to-12 months? All of the above, bank executives said this week.
In reporting third-quarter results, CEOs and finance chiefs at th…
Ryanair has announced big cuts to its winter flight schedule, saying it will operate at only 40% of last year's capacity.
It said the cuts were in response to increased flight restrictions imposed because of the coronavirus pandemic.
…
Madam Mary Boatemaa Marfo, District Chief Executive for Sekyere East, has reiterated the government's commitment to developing and promoting rural industrialization.
She said the construction and inauguration of Business Resource Centre…
Smallholder farmers in the country still experience as high as 30 percent post-harvest losses, mostly through spoilage and theft, a study titled Smallholder Market Linkages Ghana study has revealed.
It noted that, as a result of their i…
Mr Sugandh Rajaram, the Indian High Commissioner to Ghana has described the Central Region as a region with vast investment opportunities Indian investors could explore for mutual benefit.
He made the observation when he interacted with…
Mr Ken Ofori-Atta, Minister of Finance has asked Metropolitan, Municipal and District Chief Executives (MMDCEs) to ensure strict application of the Integrated Financial Management Information System (GIFMIS) in all financial transactions, …
Through trade to prosperity - Deutsche Post DHL Group and German Federal Ministry for Economic Cooperation and Development promote e-commerce in developing and emerging countries
The Corona crisis is cutting trade relations in developin…
TBD Media Group's latest campaign Global Thought Leaders [2], reveals why people are still at the heart of great business stories and how smart companies are using technology to discover and meet the needs of the future.
The leaders of …
African Union online portal, supported by the European Union and the International Trade Centre, will boost the implementation of the African Continental Free Trade Area (AfCFTA)
The EU is committed to supporting the AU in its integrat…
TOBi, Vodafone’s friendly digital assistant is now available on the Telco’s customer care WhatsApp number 0501 000 300. The chatbot, which is powered by artificial intelligence, has been introduced to improve customer queries and response …
The benchmark index advanced by 8.13 points (+0.44%) to close at 1,850.96 with a -18.00% year-to-date return on the back of two banking counters while the market capitalization increased by 0.47% close at GH¢53.32 billion.
The GSE Fina…
Heineken's pubs business has been fined £2m by the industry watchdog after forcing tenants to sell "unreasonable levels" of its own beers and ciders.
Star Pubs and Bars "seriously and repeatedly" broke rules for three years, the Pubs Co…
The chiefs and people of Bonwire, renowned for its thriving kente industry, have advocated the setting up of a National Kente Board.
The initiative, they argued, had become necessary to chart the course for effective management and sust…
The year-on-year inflation rate for September 2020 recorded a marginal drop at 10.4 per cent compared with 10.
5 per cent the previous month, driven by negative month-on-month food inflation.
Month-on-month inflation between August 2…
The Bank of Ghana (BoG) has been honoured at the seventh Central Banking Awards.
The Governor of the BoG, Dr Ernest Addison received the Central Bank of Year award on behalf of the bank.
The organisers of the award ceremony, Central…
Ikea, the world's biggest furniture business, is planning a second-hand furniture venture.
The Swedish giant will next month launch a scheme to buy back your unwanted Billy bookcases, and certain other of its furniture items you no long…
Bank of America Corp missed Wall Street estimates for third-quarter revenue on Wednesday as the lender was squeezed by lower interest rates, and it set aside $1.4 billion to meet future losses in its commercial loan portfolio.
Net inter…
Online fashion group Asos added three million customers in the past year, with annual profits jumping thanks to cost-cutting and buyers returning fewer items amid the pandemic.
It now has 23.4 million customers, with more than seven mil…
The Africa Centre for Energy Policy (ACEP) has launched an online platform to monitor petroleum contracts in Ghana to ensure accountability the petroleum sector.
The launch was also used to call on the Ghana government to review existin…
In an effort to help improve insurance penetration in the country, staff of Hollard Ghana, besieged various tollbooths in Accra to pay the road tolls of over 20,000 motorists.
The move is a gesture of appreciation and care as part of th…
The National Board for Small Scale Industries (NBSSI) has held a two-day training workshop for beneficiaries of the Coronavirus Alleviation Programme Business Support Scheme(CAP BUSS) in Ho.
The about 100 operators of small to medium en…
Ghana is among a handful of countries that are "on track to achieve universal access to electricity" by 2030, according to the World Energy Outlook 2020 published, on Tuesday, by the International Energy Agency (IEA).
The other African …
First use of agency’s technical development program speeds critical project
U.S. International Development Finance Corporation (DFC) has committed $1.55 million in technical development for the Tulu Moye Geothermal Power Plant Project i…
The benchmark index moderated by 21.49 points (-1.15%) to close at 1,842.83 with a -18.36% year-to-date return due to Ecobank Ghana (-10.00%) while the market capitalization decreased by 0.13% to settle at GH¢53.07 billion.
The GSE Fin…
In the world of business, beginnings are never easy, however, Africa presents some unique challenges to new businesses due to the uniqueness of the continent’s emerging markets.
The entrepreneurial drive in Africa is significantly large…
IFC, a member of the World Bank Group, and the Africa Agriculture and Trade Investment Fund (AATIF) today announced an investment to help Société Africaine d’Ingrédients (SAF Ingrédients) build an onion dehydration plant in Senegal—the fir…
Ford Presents "The Warriors in Pink Podcast" - Models Of Courage Who Testify in Support Of The Breast Cancer Awareness Month Across The Middle East And Africa
Each month of October marks the start of the Breast Cancer Awareness Campaig…
Gas is fast establishing itself as a key player in the global energy transition dynamics as nations seek to significantly reduce carbon dioxide emissions and other air pollutants
Mozambique and Germany have a special relationship, that …
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