Most Reverend Gabriel Yaw Anokye, the Catholic Archbishop of Kumasi, has asked financial institutions to strictly adhere to rules and regulations set by the Bank of Ghana to guide their operations.
He said the regulations were to protec…
Mr Kwadwo Ansah-Sem, Juaben Municipal Chief Executive (MCE), has reiterated government’s commitment to strengthen the private sector to lead the agricultural industrialization of the country.
He said the government’s focus was to provid…
In August 2019, President Akufo-Addo outdoored the State Interests and Governance Authority (SIGA) to replace the then Divestiture Implementation Committee and the State Enterprises Commission.
One year on, the authority will on Tuesday…
The government has begun exploring new avenues in a fresh bid to release the Electricity Company of Ghana (ECG) to a private concessionaire for management.
This is after a similar move in the past failed amidst controversies and allegat…
Bolt, a ride-hailing industry in Africa, has expanded its categories with the launch of ‘Bolt Comfort’ service category explicitly designed for riders seeking more relaxation and ease.
Selection of drivers into the ‘Bolt Comfort’ catego…
Unpacking the value of sustainable business continuity in a landscape defined by complexity and uncertainty
Four pillars define sustainable business continuity: process, procedure, decision making, and activities. Each of these shapes …
A fifty-year-old livestock and multi-crop farmer from the Jomoro District in the Western Region, Mr Solomon Kojo Kusi, has emerged the 2020 National Best Farmer.
"It started as a hobby 10 years ago and later developed into a passion and…
Over 5,000 farmers in the Kwahu Afram Plains South District have benefitted from the 'Planting for Food and Jobs' (PFJ) programme, a programme initiated by the government to improve agriculture in the country.
Speaking on the theme: ' A…
This week should have made Jack Ma China’s richest man again, and the stock market debut of his company Ant Group should have been the largest ever.
Things didn’t quite go according to plan though.
Ant was set for a dual listing on T…
Work is progressing steadily on the Cassava Processing Factory under construction for Keta at Tsiame-Dorveme.
The factory, which is a partnership between the Keta Municipal Assembly and the investing company, Hormeku Engineers and Plann…
Mr Alan Kyerematen, Minister for Trade has encouraged members of the Ghana Union of Traders’ Association (GUTA) to help increase patronage of locally produced goods by curbing the importation of similar products.
He said indigenous prod…
EU and UK officials have resumed trade talks in London at the start of another key week for the negotiations.
They are trying to bridge what the two sides have said are still significant differences on fishing quotas and competition iss…
Kempinski Hotel (Gold Coast City) has emerged the 5-Star Hotel of the Year for the second year running at the National Tourism Awards held in Accra.
Tang Palace Hotel, also in Accra also emerged the 4-Star Hotel of the year for the seco…
Renewable energy’s role in rebuilding our economy
The world has seen significant progress being made toward lowering the cost of solar and wind generation, with new low and zero-carbon generation solutions being deployed every day.
…
Visit Ohene Cocoa Farms, a start-up agribusiness located in Oworam, Asamankese in the Eastern Region of Ghana (GPS address EW 09914923). It is located only 45 minutes, with a fairly good access road from Accra. It is a relatively unruffled…
There are unmatched investment returns in Africa despite the challenges, AIF’s Anohu tells global business leaders
Africa Investment Forum (AIF) Senior Director Chinelo Anohu on Thursday joined business leaders in a webinar to discuss o…
Aaron Marshall used to spend 80 percent of his time thinking about his real estate business. But when the co-founder and CEO of Keyrenter Franchise learned that he had cancer in his appendix, colon and liver, his priorities shifted dramati…
Bureau Veritas partners with TWAA, innovative digital female-driven mentorship platform in support of women in business in Africa
Empowering women in leadership using innovation to boost development
There is no limit to what we, as w…
Nigeria’s Changing Legal Regime: Is Africa’s Biggest Oil Producer Finally Within Reach of a New Oil Law? (By NJ Ayuk)
Africa Energy Outlook 2021” notes that Nigeria’s government has been working for years to meet this need
This week…
Market Summary
The benchmark index shed 23.48 points (-1.28%) to close the week at 1,813.79 with a -19.64% year-to-date return due to two banking stocks while the market capitalization decreased by 0.46% to settle at GH¢52.87 billion.
…
Stock Market Highlights
Losses in Societe Generale Ghana (-1.54%) and Ecobank Ghana (-12.98%) dragged the benchmark index down by 1.28% to close at 1,813.79 with a -19.64% year-to-date return while market capitalization declined by…
Harlequin Oil and Gas (HOG), a leading, 100% Ghanaian owned Engineering Services Company took home the coveted “Indigenous Company of the year Award (upstream)” at the 7TH edition of the distinguished Ghana Oil and Gas Award (GOGA) ceremon…
25 young African agripreneurs advance to ‘boot camp’ in the African Development Bank’s $120,000 AgriPitch Competition
The final round offers young entrepreneurs in Africa’s agricultural sector the opportunity to pitch their agribusiness…
• Construction work on the new plant complex is progressing well.
• Further plants will be completed in early 2021.
• Evonik is investing more than €400 million and consolidating its position as a market leader in polyamide 12.
…
The Young Professionals and Youth Coalition (YPYC), has honored Vodafone Ghana’s CEO, Patricia Obo-Nai with the Young Professional Role Model in Women Executive Leadership Award.
The award was presented during the Young Professional Rol…
BEAC must reconsider its new Forex regulation to save jobs in Gabon, Cameroon, Republic of Congo, Equatorial Guinea, Central African Republic and Chad (By Leoncio Amada Nze)
Fighting for decent paying jobs in the African energy sector i…
Orange reveals the winners of the 10th edition of the Orange Africa and Middle East Social Entrepreneur Prize
A unique 10th edition, rich in new developments
In 2020, the Orange (Orange.com) Africa and Middle East Social Entrepreneur…
Global markets have rallied in response to Saturday's declaration that Joe Biden has won the US election.
The end of uncertainty about the race's outcome saw London's FTSE 100 rise 1.5% to 5,994.58 points in early trade, with similar ga…
Network marketing company, Superlife Ghana has urged media organisations to desist from advertising its product (STC30) on their platforms.
According to the Country Director of Superlife Ghana, Ms Nancy Nyarko, this is because advertisi…
Former Chief Executive Officer (CEO) of defunct UT Bank, Mr Prince Kofi Amoabeng, says the high level of non-performing loans contributed significantly towards the bank's collapse.
He added that acts of thievery by some staff also playe…
Toyota Ghana Limited in its quest to satisfy customers, expand clientele base, and improve business principles, has introduced a new model, ‘Toyota Starlet’, into the country.
The ‘Starlet’ like all Toyota models, embraces the legacy of…
One of the country’s biggest banks, GCB Bank Limited, now has a new Managing Director.
An astute banker, Mr John Kofi Adomakoh replaces Mr Anselm Ray Sowah, who ended his term of office as the MD of GCB Bank in September this year, afte…
Uber's food delivery business has more than doubled, as the pandemic increases appetite for online grocery orders and restaurant takeaway.
The firm said revenue from its Uber Eats service hit $1.4bn (£1bn) in the three months to 30 Sept…
Work on the Boankra Integrated Logistics Terminal, a landmark project expected to alleviate congestion at the Tema port, is to be completed in 2023, the President, Nana Addo Dankwa Akufo-Addo, has said.
It is being developed on a 413-ac…
Luxury carmaker Bentley has unveiled plans to go fully electric by 2030.
Before then, the brand will be switching its model range to offer only plug-in hybrid or battery electric cars by 2026.
Volkswagen-owned Bentley also aims to be…
A market project costing GH¢177,000.00 and funded by the District Assemblies Common Fund has (DACF) been commissioned at Adibo in the Yendi Municipality of Northern Region.
Alhaji Hammed Abukari Yuusif, the Yendi Municipal Chief Executi…
Business activities are booming in the Techiman Municipality, as the Bono East Regional capital hosts the 36th National Farmers Day (NFD) in a grand style.
The celebration has created a field day for petty traders and food vendors as hu…
As part of measures to diversify the economy of Obuasi, mining giant AngloGold Ashanti, Obuasi Mine has begun a training programme on modern auto diagnostic for about 200 auto mechanics in the Obuasi Municipality.
The two weeks technica…
Mining giants, Asanko Ghana Limited has trained and graduated representatives of 20 local businesses in the Amansie West and Amansie South districts of the Ashanti region on international best practices in securing contracts in the mines a…
President Nana Addo Dankwa Akufo-Addo has launched the Ghana Rural Telephony and Digital Inclusion Project aimed at providing data connectivity to under-served areas of the country.
The project, which is being undertaken by the Ministry…
The Ablekuma Central Municipal Assembly has presented some items and undisclosed cash to Persons With Disabilities (PWDs) in the municipality in Accra to improve their living conditions.
The items range from deep freezers, kneading mach…
The Keta Trade Fair dubbed "Defia 2020" opens at Keta Senior High Technical School (KETASCO) Park on Monday, November 09.
The fair, which is resuming for the first time in over 20 years and on the theme “Promoting Trade, Investment and …
During what remains to be a critical time to stay connected around the world, over 325 industry and government leaders connected at the Dynamic Spectrum Alliance's [6] (DSA's) Global Summit 2020 to discuss spectrum sharing innovations and …
EXIM Board Votes to Notify U.S. Congress of Two Potential Water Treatment and Infrastructure Transactions in Ghana Totaling $229 Million and Supporting an Estimated 600 American Jobs
Potential Transactions Would Support Key EXIM “Progra…
Speakers at the annual flagship Business and Leadership conference organised by the Seed Transformation Network (STN) Ghana Chapter have unanimously called on Ghanaian businesses to confront changes in the business environment and ready th…
Management of the Tema Oil Refinery Limited (TOR) has described as unfortunate and unsubstantiated calls by workers’ Unions of the Refinery for the removal of its Board of Directors for making no significant contribution to the company.
…
Every day, hundreds of millions of payment transactions are completed across the African continent. They’re done using myriad technologies including cards, mobile money, and digital payments. By far the most, however, are in cash. Each of …
The partnership is intended to catapult the growth of Africa’s tech ecosystem, one that received over US$2B in VC funding in 2019, to a global audience
Dedalus Global and Ibex Frontier are pleased to announce a strategic partnership wit…
3Q 2020 net income attributable to shareholders up 5.9 percent to 2.1 billion euros
3Q 2020 total revenues decreased by 6.1 percent to 31.4 billion euros, 9M 2020 total revenues slightly down at 104.9 billion euros
9M 2020 op…
Market Summary
The benchmark index shed 13.56 points (-0.74%) as a result of a downward price movement in Ecobank Ghana (-8.15%) to close at 1,813.79 with a -19.64% year-to-date return. The market capitalization decreased by 0.27% to set…