Stocks closed 8.05 points (0.28%) lower, on the back of downward price movement in two counters in the banking and petroleum marketing sectors. Today’s performance was largely driven by speculation as markets enter a bearish trend while …
Despite the fact that firewalls, IPS and load balancers are some of the least effective mitigation measures against distributed denial of service (DDoS) attacks, they remain at the top of the list of security measures that organisations ha…
Just in time for the holiday season, award-winning and patented e-commerce platform, MallforAfrica, has released an infographic that gives readers a glimpse into what the holiday season will look like in Africa. The infographic is a great …
The Electronic Salary Payment Voucher (ESPV) System is yet to achieve its full objectives , Mr Kwasi Kwaning-Bosompem, the Acting Deputy Controller and Accountant-General responsible for payroll management, has said.
He said the reasons…
A total of 45 electrical products and 20 footwear products failed the Ghana Standard Authority’s standardisation test. The electrical cables included flexible cables, LED, stranded cables, extension cables, LED panel light, LED strobe lig…
Mr Felix Akwara, General Manager (GM) of the Bongo Rural Bank (BORBA) Limited, in the Bongo District at the weekend disclosed that the Bank exceeded the Bank of Ghana (BoG) mandatory minimum capital requirement for 2017.
He indicated th…
President Nana Addo Dankwa Akufo-Addo has urged member states of the Organisation for Economic Co-operation and Development (OECD) to ramp up efforts to help build a prosperous Africa equal opportunity for all.
He noted, it was time the…
Ghana has made progress to improve the ease of doing business, moving six places up to rank to 114 out of 190 economies, according to the World Bank’s 2019 Doing Business Report –Training for Reform.
“Ghana’s ease of doing business s…
The 2020 Population and Housing Census to be done by the Ghana Statistical Services, will for the first time capture data on disability.
The Statistical Service will be using the Washington Group of Questions, a set of questions on disa…
The annual AfricaCom Awards shortlist was released today. With an overwhelming number of excellent entries, the selection process has been even more challenging than previous years.
According to Tom Cuthell, Portfolio Director at K…
People’s Pension Trust Ghana Limited has been adjudged the Pension Company of the Year at the maiden edition of the Ghana Business Awards (GBA) held in Accra last Friday.
The company, which provides trustee services under the Tier Two a…
The Bank of Ghana (BoG) has directed all forex bureau operators in the country to demand for a valid national identification of customers before engaging in any forex transaction.
The valid identification to be provided are a voter’s …
Shares in General Electric plunged by more than 8% following investor concerns about the turnaround prospects at the once-mighty industrial giant.
GE admitted that US civil and criminal authorities had widened investigations into accoun…
The Head of Crop Pest and Disease Management at the Plant Protection and Regulatory Services Directorate (PPRSD) of the Ministry of Food and Agriculture, Mr Ebenezer Aboagye, has said there is no cause for alarm this year on the fall armyw…
Tullow Oil Plc has declared its intention to participate in Ghana’s first ever oil and gas Competitive Licensing Round Bid Evaluation and Negotiation (LRBEN).
Speaking in an interview with the media when the company took its turn at t…
The Institute of Fiscal Studies (IFS) has indicated that the US$50 billion century bond the Finance Minister intends to capture in the 2019 budget could be dangerous for the economy.
In its recent policy brief titled, ‘Strong Economic G…
As part of the Cylinder Recirculation Model (CRM), the National Petroleum Authority (NPA) in collaboration with the Driving and Vehicle Licensing Authority (DVLA) is training drivers using Liquefied Petroleum Gas (LPG) vehicles to reduce r…
9BS Group of Companies has inaugurated a nine-member Board of Directors to run the affairs of the company.
The board, would be chaired by Professor Nana Osei Darkwa, with Mr. Jacob Osei Yeboah as its Vice Chairman.
Other members of t…
Airbus BizLab launches a new call for African startups to rethink how their technology could interact with aerospace
Airbus today announced the launch of its second edition of #Africa4Future, a joint accelerator programme between Airbus…
Sales of Jaguar Land Rover cars have fallen sharply, taking the firm into a loss for the three months to the end of September.
The firm blamed lower sales in China for the decline, as well as uncertainty in Europe over diesel and Brexit…
MTN Ghana, the leading telecommunications service provider has been adjudged Company of the Year at the maiden edition of the Ghana Business Awards organized by Globe Productions.
MTN Ghana received two other prestigious awards – Teleco…
The market retreated a further 1.10% today, weighed down by downward price movement in financial, telecom, beverage and publishing sectors. Consequently, the GSE-CI closed at 2,852.83 with a 10.59% year-to-date return while market capita…
Siemens AG, a German conglomerate and largest industrial manufacturing company in Europe, will establish an assembly plant in Ghana, President Nana Addo Dankwa Akufo-Addo has hinted.
The latest news and the decision by Volkswagen, a G…
Sami Nasser and Marc Descrozaille appointed as Chief Operating Officers
AccorHotels is pleased to announce the appointment of Sami Nasser and Marc Descrozaille as Chief Operating Officers, Middle East & Africa. Both will be based …
Trading on the Ghana Stock Exchange (GSE) closed on a bearish note last week as equity indices drifted further southwards due to significant sell-offs in some blue-chip stocks.
High levels of profit-booking activities among investors …
First Bank of Nigeria, in partnership with Clickatell’s Transact division, has commercially launched their Chat Banking channel on WhatsApp
Clickatell (Clickatell.com) promotes Financial Inclusion in Nigeria by enabling FirstBank to lau…
Poultry farmers in Ghana, particularly those in the Dormaa area of the Brong Ahafo Region, have been urged to step up production as the demand for poultry products is expected to double in Sub-Saharan Africa by 2050.
Dr Nurah Gyiele, a …
The Sumsum Weavers Association, a Smock Weavers’ group in the Bolgatanga Municipality, Upper East Region, has called on the government to channel more resources into the smock weaving industry, to expand it to create jobs for the youth.
…
Agricultural Development Bank (ADB) has been awarded the Industry leadership award at the maiden edition of the Ghana Business Awards. The awards ceremony held in Accra was in recognition of the Bank’s exemplary leadership in Banking which…
Dalex Finance has taken its financial literacy programme to traders at the central business district of Accra.
The second edition of the training held on Thursday involved a mix of traders from varied background drawn from the Makola ma…
Profits at oil giant BP more than doubled in the third quarter, boosted by stronger oil prices and higher production from new oil fields.
Profits rose to $3.8bn (£3bn) from $1.86bn a year earlier, its best quarterly result for five year…
Italy's economy came to a standstill in the third quarter of the year, registering no growth at all,
It comes as the new coalition government is arguing with the European Commission over the need for an expansionary budget to boost grow…
The Government will hold not less than 10 per cent of the home-based carrier to be established, leaving the rest to industry players and investors to ensure the reduction in state interference in the new airline.
The Government’s decisi…
The benchmark index posted losses at the start of this week. The GSE-CI declined by 1.52% to 2,884.12 from 2,928.07, caused by the banking, insurance and beverage sectors. Valuations also fell with market capitalization ending the week at …
The Vice President, Dr Mahamudu Bawumia, has said implementing inclusive and human-centred policies remained pivotal in the Government’s agenda of ensuring every Ghanaian benefit and exemplified savings parents are making under the Free Se…
Two Campaigns Ranked Among 40 Best in the World
Cohn & Wolfe was named Global Agency of the Year at The Holmes Report’s 2018 Global SABRE Awards ceremony held last night in Washington, D.C. The global communications agency – which mer…
Acquisition Consists of DDoS Protection, DNS Firewall, and Managed and Recursive DNS Services Customer Contracts
Neustar®, Inc., a trusted, neutral provider of real-time information services, today announced that it has entered into a d…
All Rural and Community Banks (RCB’s) have been urged to submit monthly fraud returns to both the Bank of Ghana (BOG) and the ARB Apex Banks to aid early detection of financial malfeasances for appropriate sanctions to be taken against per…
The Ministry of Employment and Labour Relations has adopted a re-engineering approach to restructure and revitalise the Department of Factories Inspectorate and the Labour Department to enable them to address labour challenges in the count…
MiRIS Project investigates energy storage, PV, and microgrid integration and optimization
CMI Energy, part of CMI Group, will be inaugurating Europe's largest industrial energy storage facility on October 26, 2018. The MiRIS (Micro Rése…
The Ghana Electrical Dealers Association (GEDA) has renewed its commitment to join the National Anti-Counterfeit campaign against the proliferation of substandard and fake electrical products and electronic appliances.
Mr Koranteng Asia…
The Ghana Export Promotion Authority (GEPA) has called on the Freight Forwarders and Exporters to provide accurate and reliable data on non- traditional exports to propel national planning and sustainable development.
It said data on no…
The Business Sector Advocacy Challenge (BUSAC) Fund, has provided about GH¢52,000.00 to support the Asante Effiduase Kroye Farmers’ Cooperative Union in the Sekyere East District, in agro-processing.
The goal is to help boost the capaci…
A Skills Training Centre has been inaugurated at Sang in the Mion District of the Northern Region to provide residents with vocational skills to earn a living. The Mion Skills Training Centre will impart residents with self-employable skil…
The Ghana Federation of Labour (GFL) has held its third delegates’ congress in Tema with a call on organized labour to push for a holistic review of the country’s Labour Law.
Mr Bright Wireko-Brobby, Deputy Minister of Employment and La…
Some 250 big organisations have now pledged to eradicate plastic waste by 2025, including Coca Cola, H&M and L'Oreal, up from 40 in April.
All promised that 100% of their plastic packaging would be reused, recycled or composted within s…
The Chief Executive Officer of the Chamber of Bulk Oil Distributors (CBOD), Mr Senyo Hosi is urging Africa to fully industrialise in order to optimise the value of its natural resources.
According to him, the time has come for Africa …
Mr Vincent Sam Brew, Board Chairman of Queen of Peace Co-operative Credit Limited, has said the union made a modest growth besides the membership rising from 4,423 in 2017 to 5,036 in 2018.
Mr Sam Brew was addressing member co-operators…
Dr Paa Kwesi Nduom, the Group President of Groupe Nduom, has paid a working visit to some projects financed by Gold Coast Securities in the Western Region to ascertain the progress of work and how certificates could be raised to recoup inv…
PEACE Cable International Network Co., Ltd, a subsidiary of HENGTONG, is pleased to announce today, in conjunction with Huawei Marine Networks Co. Ltd, that the PEACE Cable project has entered into the cable and material manufacturing stag…