Top African Brands Could Lose up to US$60 Billion from COVID-19
• Top 150 most valuable African brands from inaugural Brand Finance Africa 150 2020 ranking stand to lose up to US$60 billion of cumulative brand value following devastating …
The next government of the National Democratic Congress (NDC) will adopt expenditure policies to contain fiscal deficit within sustainable levels, consistent with growth strategies and policies.
Mr Elvis Afriyie Ankrah, NDC Director of …
NGOs: Are Industry and Governments Watering Down New Cocoa Report Data to Downplay Persistent Child Labor and Farmer Poverty?
Leaked World Cocoa Foundation Strategy Documents Show Industry More Concerned About Messaging Than Ending Farm…
Some Ghanaian entrepreneurs have underscored the need for micro, small and medium enterprises (MSMES) to leverage e-commerce and innovation to improve their business ventures or operations.
Particularly, they held the view that such a m…
More informal sector businesses are taking steps to formalise their operations to benefit from various interventions designed to alleviate micro, small and medium scale enterprises (MSMEs) from the impact of the coronavirus disease (COVID-…
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…
eXp Realty’s Innovative Business Model Allows Local Real Estate Agents to Invest In Their Future
eXp World Holdings (Nasdaq: EXPI), the holding company for eXp Realty, one of the fastest-growing residential and commercial real estate co…
Airports Council International (ACI) World and the International Air Transport Association (IATA) reinforced the urgent call for governments to use testing as a means to safely re-open borders and re-establish global connectivity and to pr…
The International Monetary Fund is projecting a deep recession in 2020 with global growth projected to be -4.4% in its latest update to the World Economic Outlook forecast, IMF chief economist Gita Gopinath says.
“So we continue to proj…
THOUGHT OF THE WEEK
Why now is the Best Time to Establish Emergency Fund.
Building an emergency fund is the first step in financial planning. The current coronavirus pandemic has brought to bear the need for every individual have an em…
Amazon.com Inc AMZN.O on Tuesday began 48 hours of promotions as part of "Prime Day," a closely watched marketing event the company had postponed due to operational challenges from the coronavirus pandemic.
The event, typically held in …
European shares struggled on Tuesday as worries over the coronavirus pandemic overshadowed Chinese trade data that pointed to a buoyant recovery, while the U.S. dollar edged away from a three-week low.
The Euro STOXX 600 .STOXX fell 0.4…
The SOCODEVI, a Canadian non-governmental organization (NGO) with its 'PROCED' project has partnered women rice par-boilers in the Upper East Region to form a Cooperative, to roll out an improved, but simple and cost effective technology f…
Mr Eric Asubonteng, Managing Director, Anglogold Ashanti (Ghana) Limited, has reiterated the need for industry to continue working together with government, communities and citizens in identifying opportunities to sustain long-term benefit…
The Western Regional Minister, Mr Kwabena Okyere Darko-Mensah, has tasked MMDAs to adopt innovative strategies to boost revenue generation and collection in the post-COVID -19 pandemic era.
He pointed out that the COVID-19 pandemic that…
Weekly Highlights
• Ghana’s economy posted mixed outturns in first nine months
• Yield on 182-Day T-Bill dropped to 14.11 percent.
• Accra Bourse sustained recovery mode.
• Ghana cedi outmuscled the British pound and the Euro.
•…
Scancom Plc (MTN Ghana) wishes to advise of its engagements with the National Communications Authority (NCA) in a concerted effort to settle the procedural and administrative legal challenge concerning the NCA’s declaration of MTN Ghana as…
• The African Insurance Organization (AIO) launched the Africa Insurance Pulse
• Digitization to transform the continent’s insurance industry
• Delphine Traoré, President of the AIO and regional COO of Allianz Africa shared Allianz’s vis…
Coronavirus-related travel restrictions are beginning to lift in some countries after more than six months of panic and uncertainty. The resumption of international cross-border travel may appear to be a signal that things are slowly retur…
Coronavirus: Trade has a role to play in making the COVID-19 response more effective, says Deputy Directors-General (DDG) Agah
An opportunity for the trading system to emerge stronger from this crisis and better-equipped to respond to t…
The GSE Composite Index opened the week flat at 1,864.32 with a -17.40% year-to-date return while the market capitalization stayed at GH¢53.30 billion.
The GSE Financial Index recorded no gains or losses, closing at 1,700.50 with a -15…
The 2020 ABH prize competition is created to support and inspire the next generation of African entrepreneurs
What: The Jack Ma Foundation (JackMaFoundation.org.cn) will host an online media roundtable discussion and Q&A to allow accred…
The digital economy as we know it refers to the economic activities enabled by digital technologies that connect people, businesses, and processes
With a shift away from physical commerce, consumers are increasingly taking their daily a…
Puttru launches digital solution to bridge the investment gap, happening on 29th of October 2020, at 12:00 GMT
The African continent is a huge reservoir of energy resources, with potentials largely unexploited and many more undiscover…
Singapore diners have jumped at the opportunity to have lunch on a stationary Airbus A380 parked at the city's main airport.
Despite a price tag of up to $496 (£380), the first two seating dates sold out within half an hour.
The airl…
Guinness Ghana Breweries PLC has served notice about the closure of register of members on Tuesday, November 3, 2020.
NOTICE OF CLOSURE OF REGISTER OF MEMBERS
Notice is hereby given pursuant to Section 37 of the Companies Act, 2019 (…
About GH¢10.8 million will be disbursed to the accounts of 340 customers of liquidated Fund Management Companies by close of Monday, October 12, 2020.
Mr Kofi El-Awuku, the Managing Director of GCB Capital Limited, the implementer of th…
The CEO of SUKU Technologies, Tsonam Cleanse Akpeloo, has been awarded the 2020 Forty Under Forty award in the Technology and Innovation category.
The Forty Under Forty Award is to identify, honour and celebrate a cross-section of the n…
A cautionary tale from book publishing.
I have written before about how digitization and virtualization can help reduce costs and enable your business to access talent you couldn't reach otherwise. But digitization--like the Force in St…
Many tips on how to market your business mean spending money. But what if you have a shoestring budget and limited time?
There are plenty of low effort ways you can increase brand awareness and advertise your business without breaking t…
There isn't a way to invest in Bitcoin the way you would invest in the stock of a company. But depending on the long-term plan for your newfound cryptocurrency, buying Bitcoin and monitoring its value can technically make you an investor o…
The UK economy may have grown by as much as 17% in the three months to the end of September, says the EY Item Club, but slower growth may follow.
Shoppers splurged during the period as coronavirus lockdown restrictions were lifted, it s…
The Ministry of Finance says it welcomes the decision of the Special Prosecutor to undertake the risk assessment and views it as an opportunity to address some of the concerns raised in respect of this transaction.
In a statement issued…
Calling all African Small Businesses - Virtual Summit Serving SMEs to Access Resources to Grow their Businesses with the United States
This virtual summit, Africa’s Portal to Doing Business with the United States, will take place virtua…
MTN Group and Telecom Infra Project (TIP) have joined forces to support the evolution of MTN’s communication transport infrastructure, which will become a platform for future revenue growth and profitability.
“Our partnership with TIP w…
Consolidated Bank Ghana (CBG) has launched its campaign as part of its second anniversary activities to reward customers and prospective customers who have supported deprived communities, institutions, groups, families, and individuals dur…
MTN Group is pleased to announce the appointment of the new chief executive officer for MTN Liberia Lonestar Cell. Rahul De, the current Chief Marketing Officer of MTN Nigeria, will take the helm at the company on November 1, 2020. Rahul r…
Are you ready for the new challenges & opportunities as power markets around the world evolve?
Specially designed for the African electric power & energy industry, POWER WEEK AFRICA (16 – 19 November 2020) is the 3rd annual internationa…
Market Summary
The benchmark index advanced by 18.66 points (+1.01%) on the back of three banking, telecom and consumer products to close the week at 1,864.32 with a -17.40% year-to-date return while the market capitalization increased b…
AngloGold Ashanti (Ghana) Limited, in partnership with the Institute of African Studies, University of Ghana, has held the Seventh AngloGold Ashanti Lecture on Business in Africa.
The annual event, organized under the auspices of the Kw…
British Airways has announced it is replacing its chief executive Alex Cruz as the airline navigates "the worst crisis" facing its industry.
Mr Cruz, who has been with BA since 2016, will be immediately replaced by Aer Lingus boss Sean …
The Agricultural Development Bank (ADB) has announced the rollout of more digital platforms to make banking more convenient and comfortable for its clients.
“Our ultimate focus is to make the customer comfortable and doing business with…
A total number of 2,820,946 enquiries were made on the databases of credit bureaus in 2019, the Bank of Ghana’s Credit Referencing Activity annual report has revealed.
This according to the report represented an increase of seven per ce…
Solidaridard, an international civil society organisation is supporting climate-smart cocoa production in some hard-to-reach cocoa growing communities in the country.
It has, therefore, presented some farming equipment and sanitary ite…
Togbe Afede XIV, President of the National House of Chiefs and Co-founder of Sunon Asogli Power Ghana Limited, has led a four-member delegation from Sunon Asogli Power to explore opportunities in the power sector of Cameroon.
Togbe Afed…
Feasibility studies being conducted into the construction of the Keta Port will be completed in the first quarter of 2021, Dr Alexander Adusei Jnr, Director of Port of Keta, has revealed.
Dr Adusei Jnr said the feasibility studies were …
HSBC will target net zero carbon emissions across its entire customer base by 2050 at the latest, and provide between $750 billion and $1 trillion in financing to help clients make the transition, Chief Executive Noel Quinn told Reuters.
…
A Customer Support Operations Supervisor says business operators must recognize the customer as the key to a fruitful business.
Ms. Lydia Esenam Adzimah said businesses must work to gain customer loyalty and this “loyalty comes with har…
Euronext ENX.PA is to buy Borsa Italiana from London Stock Exchange LSE.L for 4.3 billion euros ($5.1 billion) in cash, the companies said on Friday, in a major expansion of the French operator's network of European trading platforms.
…
A Development Planner has stressed the need for the country's political leadership to search for creative workable home-grown economic policies, to help lift the majority of the people from poverty.
Mr Nyaaba-Aweeba Azongo, says the Wes…
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