The president of Emirates said the Middle Eastern airline is set to cut as many as 9,000 jobs because of the coronavirus pandemic.
It is the first time the world's biggest long-haul carrier has disclosed how many jobs will be lost.
P…
Technology giant, IBM Corporation has appointed Angela Kyerematen-Jimoh Regional Head for North, East and West Africa where she will be responsible for IBM operations in over 40 countries in Africa including Morocco, Nigeria, Kenya, Senega…
People’s Pension Trust, an award-winning corporate trustee, and AirtelTigo Money (ATM) have today launched a new personal pension product called ‘RetireRite, a tier 3 mobile pension and savings product aimed to help Ghanaians lead a lifest…
A series of workshops aimed at educating and empowering micro and small business owners in their various communities has commenced in the Central Region. The first in the series for the Region brought together close to one hundred micro an…
Vodafone has introduced no expiry propositions and unlimited on-net bundles to its exciting value offerings, in line with its commitment to minimise the economic impact of the pandemic on customers. The Telco has also reduced the prices of…
Vodafone Ghana has invested in an extensive fibre infrastructure rollout to provide seamless ultra-high speed fibre-to-the-home (FTTH) connectivity for its customers at home and at work. As part of this initiative, Vodafone has begun a cam…
Japan’s Honda Motor Co Ltd (7267.T) will buy a 1% stake in Chinese electric vehicle (EV) battery maker Contemporary Amperex Technology (CATL) (300750.SZ) and the two will jointly develop EV batteries, the companies said on Friday.
The m…
Insurers are creating products for a world where virus outbreaks could become the new normal after many businesses were left out in the cold during the COVID-19 crisis.
While new pandemic-proof policies might not be cheap, they offer b…
Business organisations must not jettison the lessons COVID-19 has taught the world when the pandemic is eventually defeated, a professor of International Business, Jurgen Bode has said.
He said businesses were now diversifying, innovati…
The Ghana Export Promotion Authority (GEPA) has advised players in the arts and craft sector to use this COVID-19 period to be more innovative and undertake research into new ways of doing things to enable them to bounce back stronger afte…
The Bui Power Authority (BPA) has said it was against fishing in the buffer zone of the Dam and not the Dam itself.
Mr Wumbilla Salifu, Director of General Services, BPA, said fishing in the buffer zone could have repercussions on the o…
The Ghana Reinsurance Company Limited (Ghana Re) has paid GH¢9 million to the government as dividend for the 2019 financial year.
This is in spite of a decline in the company's profit from GH¢38.63 million in 2018 to GH¢30.16 million la…
Kasapreko Company Limited has outdoored Puma drinks, a new addition to its growing range of products.
The product was launched in Accra in partnership with Metro Mass Transit (MMT).
Speaking at the launch, Commercial Director of Kasa…
Mr Kwame Osei Prempeh, Group Chief Executive Officer, GOIL Company Limited, has said amidst COVID-19 pandemic, the need to eliminate the use of physical money at Filling Stations must be an utmost importance to Oil Marketing Companies (OMC…
The benchmark index was up 7.08 points (+0.38%) to close at 1,872.77 with a year-to-date return of -17.03% while the market capitalization increased to 52.84 billion.
The GSE Financial Index gained 13.07 points (+0.77%) on the back of E…
Telecom operator AirtelTigo is pleased to support the ‘Mask4All’ initiative by the Coalition of Event Managers and Suppliers, aimed to help the Government’s efforts to curb the Covid-19 pandemic by distributing free masks to the underprivi…
Young people have called on stakeholders including those in academia, innovation hubs, industry, government and donors to support them, particularly with more mentorship, coaching and networking opportunities. This according to the youth, …
Mary Kay Inc. Continues Its Support of Beauty, Fashion, and Design in Events Held Across Asia, Europe and the U.S.
Mary Kay Inc. and its Mary Kay Global Design Studio, recently sponsored and participated in various beauty, fashion and d…
Lack of access to financial tools—like credit and savings accounts—inhibit socio-economic mobility for individuals living in poverty across the globe. For approximately the past 40 years, there has been a movement toward financial inclusio…
The General Assembly of the Honorary Consular Corps of Ghana (HCCGH), has elected new executives to steer its affairs for the next two years.
The Secretary of the Corps is Mr Kwame Acquah, Consul of Seychelles and the Treasurer is Mr Th…
The Minister of Aviation, Joseph Kofi Adda says the staff of the Ghana Airports Company Limited (GACL) have been misled over a "blatant lie" that the government intends to sell the company.
According to him, the Board of the Company has…
The UK government has nominated former cabinet minister Liam Fox as its candidate to lead the World Trade Organization.
The body is searching for a new director-general to replace Brazilian Roberto Azevedo at the end of August.
Boris…
Taxpayers face a day of reckoning when the government's massive coronavirus support measures have to be paid off, experts warn.
The Institute of Fiscal Studies think tank says the economy will remain in a "support and recovery" phase fo…
Mrs Patricia Obo-Nai, the Chief Executive Officer of Vodafone Ghana has said that the unending cuts and theft of the company's fiber and copper cables remains a major challenge, in its quest to deliver better services to customers.
She …
The National Board for Small Scale Industries (NBSSI) and its partners have supported over 100 enterprises and individuals in the Prestea-Huni Valley Municipality and Wassa East District of the Western Region.
A statement issued in Accr…
The Ghana Stock Exchange has recorded a total of more than 262.2 million traded shares valued at GH¢ 194 million in the first six months of 2020 amid the uncertainty of the coronavirus crisis.
The performance, from January to June 2020,…
Africa has a more robust tool in the African Continental Free Trade Area (AfCFTA) to use in accelerating regional and economic integration and prepare for uncertain times like the COVID-19 pandemic, Dr Vera Songwe, Executive Secretary of t…
Logistics Capital Partners (LCP) features among the top-10 European developers for warehouse space. After previous developments in Italy and the Netherlands for Amazon, Primark and Kering Group (Gucci, Yves-Saint-Laurent), the company is n…
Acknowledged as one of the African continent’s leading hospitality investment experts, Wayne Troughton of HTI Consulting shared unique insights in the firm’s first ‘Virtual Hotel Club’ held in early July, a dynamic and informal Pan-African…
MTN Ghana (-1.72%), the sole decliner at the session, moderated the benchmark index by 11.84 points (-0.63%) to close at 1,865.69 with a year-to-date return of -17.34% while the market capitalization decreased by 0.23% to settle at 52.60 b…
With the disruption of the global supply chain by Covid-19, there is concern as to where Africa’s future market and trading opportunities lie. Trade and export demands have dwindled for some companies and skyrocketed for other companies. F…
A LUXURY country house hotel set amid beautiful English countryside is set to welcome back guests after a major refurbishment.
Boutique 12-bedroom hotel Farlam Hall, near Brampton in Cumbria, is ideally situated for guests to explore the …
Ghana has lost about GH¢5.7 billion ($ 1.04 billion) in oil revenues this year as a result of the COVID-19.
According to the country upstream oil industry regulator, the Petroleum Commission, the advent of the novel coronavirus continue…
Economist and Business Consultant, Dr. Ebenezer Ashley has indicated that the Ghana cedi has recorded its all-time best performance for the first half of 2020 than the first six months of any year since 2012 against the U.S dollar.
Dr. As…
The Bank of Ghana has commended GOIL Company Limited for taking the initiative as the first Oil Marketing Company to enter into the electronic payment system through the “GOIL/gh-link Card usage at all GOIL Filling Stations.
Mr Setor Am…
The future of Asia's biggest budget airline, AirAsia, is in “significant doubt”, auditor Ernst & Young has said.
Shares in the Malaysian-based airline fell by more than 10% on Wednesday after being halted earlier in the day.
The airl…
Chancellor Rishi Sunak is due to set out the next instalment in the government's plans to help the British economy recover from the blows inflicted by the pandemic.
Already this week the government has announced new financial assistance…
The Eastern, Volta and Oti Regional branches of the Association of Ghana Industries (AGI) have launched an E-Commerce Portal to help boost the sale of members' products and services.
The platform is aimed at preparing members for the ne…
Board Chairman of Ghana Reinsurance Company (Ghana Re), Mr George Otoo, has said the company has positioned itself to meet its claims and other financial obligations despite the impact of the COVID-19 pandemic on businesses including the i…
The African Development Bank (AfDB) has said that 49 millions Africans could be pushed into extreme poverty by the coronavirus pandemic.
The AfDB said on Tuesday that West and Central Africa stand to be most hit by the economic slump.
…
Vodafone Ghana has partnered with Opera, one of the world’s leading browser developers, to give its customers free browsing of up to 50 MB every day for those who use Opera Mini, Opera News, and Opera News Lite on their smartphones.
…
Leading global food and agri-business, Olam International (“Olam’’), announced today that its wholly owned subsidiary, Olam Treasury Pte. Ltd. (“OTPL”), has secured a medium-term samurai loan facility (the “Facility”) aggregating JPY 25 bi…
An African Development Bank project to enhance market infrastructure, value addition and rural finance (MIVARF) in Tanzania produced highly satisfactory results, according to a report released by the project team. The project, rolled out …
American Express, Discover, Mastercard and Visa to Power Global Expansion of Simple, Consistent Digital Checkout Experience
E-commerce has reached new heights around the world, as more consumers are going online to make secure, touch-…
Countries must strengthen and reform their health policy research institutions to focus on Africa-led inclusive solutions
Global health experts and practitioners at a policy webinar hosted by the African Development Institute (ADI) call…
The benchmark index declined marginally by 6.50 points (-0.34%) to close at 1,877.53 with a year-to-date return of -16.82% as a result of a downward price movement in Standard Chartered (-3.23%) while the market capitalization decreased by…
American Multinational Abbot Laboratories faces multimillion-dollar lawsuit over contract compliance with African Covid-19 Test Kits
The inability of Abbott Laboratories to execute orders and to deliver came at the expense of African co…
Fidelity Bank in partnership with Fidelity Securities Limited held the second edition of its thought leadership series, Fidelity Presents…with a focus on asset and wealth management for individuals and organizations.
The webinar, which …
Post COVID-19: Africa’s growth stands to rebound to 3% in 2021, African Development Bank says in African Economic Outlook 2020 Supplement
Governments and development partners must respond in a more coordinated, targeted, and rapid manne…
MTN Ghana has zero-rated the website for the COVID 19 Recovery and Resilience (CoRe) programme which was recently launched by the Springboard Road Show Foundation with partnership from MasterCard Foundation and Solidaridad.
This means t…
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