The Coalition of Aggrieved Customers of Menzgold Ghana (CACM) has again called on the Security and Exchange Commission (SEC) to reconsider their inclusion in the government’s bailout fund.
The Coalition had earlier requested their inclu…
A three-member arbitration panel under the auspices of the National Labour Commission (NLC) has ruled in favour of about 150 staff of Ghana Community Network Services Limited (GCNet) over a redundancy dispute with GCNet.
Consequently, t…
The Bui Power Authority (BPA), the Managers of the Bui Hydropower Dam project in the Banda District of the Bono Region, is constructing a US$480 million-dollar solar energy facility to augment its power supply system.
On completion, the…
Stock markets in Asia suffered on Tuesday from the fallout from UK and US investors worried about a rise in coronavirus cases.
Australia, Hong Kong, China and South Korea stock markets were all down.
Investors were also rattled by di…
A gold refiner that was used by criminals to launder drug money has been allowed to sell gold into global supply chains used to make smartphones and cars.
International investigators concluded that the Dubai-based trader Kaloti was buyi…
Steel manufacturing firm, United Steel Limited, says it has laid off about 400 workers, at least temporarily, as it continues to remain shut as a result of an order by the Environmental Protection Agency (EPA).
The General Manager of th…
The pandemic has brought a lot of gloomy financial news as it has caused uncertainty and huge changes to how we work and shop.
But in Germany booming online sales and the government's stimulus package has led to a predicted 1.5% growth …
The Ghana Ports and Harbours Authority's (GPHA) new Unity Terminal under construction at Kpone in the Greater Accra Region, is 97 per cent complete.
The Kpone Unity Terminal is a 40-acre facility being built by the GPHA as a new devanni…
Mr John Dramani Mahama, the Presidential Candidate of the National Democratic Congress (NDC), has promised to build modern training centres to update the skills of garage owners to keep them in business.
A statement issued by Mr James A…
Dr Yaw Baah, Secretary General, Trades Union Congress (TUC) Ghana, has reiterated the union's calls on government to rectify the "unfairness and discrimination" in the implementation of the three-tier pension scheme and adjust upwards, the…
The Ghana National Chamber of Commerce and Industry (GNCCI) has established a credit union to help raise funds to support businesses of members.
Its establishment would help ease the challenges that businesses in Ghana went through.
Na…
MTN Ghana has announced an adjustment to its tariffs following the passage of the Communication Services Tax (CST)(amendment) Act, 2020 (Act 1025).
In accordance with the amendment of the law, MTN Ghana has adjusted its tariffs to refle…
Market Summary
The benchmark index advanced by 13.57 points (+0.74%) on the back of three banking and telecom counters to close the week at 1,841.38 with a -18.42% year-to-date return while the market capitalization increased by 1.49% to…
Stock Market Highlights
Gains in CalBank Limited (+2.94%), MTN Ghana (+1.69%) and Societe Generale Ghana (+1.59%) pushed the benchmark index up by 0.74% to close at 1,841.38 with a -18.42% year-to-date return. Market capitalization increa…
Company to use funds to pursue additional new acquisitions and organic expansions to provide added value to customers around the globe ~
~ Investors include Oxford Properties, BentallGreenOak, D1 Capital Partners, Cohen & Steers, OPTrus…
Chief Executive Officer (CEO) of Vodafone Ghana, Mrs Patricia Obo-Nai, has disclosed that outbreak of COVID-19 in Ghana has seen the company’s operations and the demand for its services go up by 50%.
According to her, the coronavirus (C…
MTN Ghana Modifies Tariffs in Accordance with CST Adjustments and Gives More Bonus on Recharge to Customers
MTN Ghana has announced an adjustment to its tariffs following the passage of the Communication Services Tax (amendment) Act, 2…
Mrs Patricia Obo-Nai, the Chief Executive Officer (CEO) of Vodafone Ghana, says the telecom company is more concerned with having a positive competition in a provided equal space that will collectively help to satisfy consumer needs.
“W…
In a dramatic reversal, one of the world's biggest makers of coal-fired power plants is to exit the market and focus on greener alternatives.
US industrial giant General Electric said it would shut or sell sites as it prioritised its re…
The Minister of Aviation, Mr Kofi Adda has stated that the Western Region can not be overlooked when it comes to aviation since it houses the oil and gas industry and a training center for pilots.
He disclosed that his Ministry also has…
The Bank of Ghana (BoG), has adopted a system to gather data from all the regulated financial institutions in the country for the purposes of bridging the gender gap in access to finance.
The Online Regulatory and Analytics Surveillance…
China’s Ant Group has received approval from the Shanghai Stock Exchange for a domestic initial public offering, the bourse said on Friday, bringing the financial technology firm closer to a dual-listing expected to be worth up to $30 bill…
Tropo Farms Limited, dealer in tilapia, has opened a new branch in Takoradi to serve customers in the Western, Western North, and Central regions as well as Cote D’Ivoire.
Tropo Farms is a leading supplier of tilapia in the country, tra…
The Africa World Airlines (AWA) is exploring the feasibility of extending its routes to Ho to boost connections from other parts of the country to the regional capital.
Captain Kwasi Oteng, Chief Safety Officer, who led a Team to Ho to…
Ghana Chamber of Graduate Entrepreneurs, an association to help graduates to set up their own businesses instead of searching for non-existent white-collar jobs, has been inaugurated in Accra.
Among other objectives, the organisation wi…
British retail sales have continued to increase for the fourth consecutive month, boosted by spending on household goods and DIY, according to official figures.
The Office for National Statistics (ONS) said retail sales volumes rose by …
The Ghana Shippers Authority (GSA) has organised a seminar for media practitioners in Accra as part of efforts to enhance the capacity of journalists to effectively report on the maritime industry.
The seminar, organised in collaboratio…
Lineage Logistics Raises $1.6 Billion in New Equity to Drive Business Growth and Support Further Investment in Technology and Automation
~ Company to use funds to pursue additional new acquisitions and organic expansions to provide adde…
Barely two weeks after the opening of the Kotoka International Airport (KIA) to commercial flights, hotels in Accra are yet to experience an upsurge in patronage.
The Daily Graphic's enquiries at some of the hotels and guest houses in t…
The Bank of England has warned that the rising rate of coronavirus infections and a lack of clarity over the UK's future trade relationship with the EU could threaten the economic recovery.
It said much of output lost during lockdown ha…
The Tax Justice Coalition (TJC) Ghana, a Network of tax practitioners and Civil Society Organizations (CSOs), has called on the public to join the campaign against injustices in the country's tax system.
It said the campaign would influ…
Stock Market Highlights
Gains in CalBank Limited (+2.94%), MTN Ghana (+1.69%) and Societe Generale Ghana (+1.59%) pushed the benchmark index up by 0.74% to close at 1,841.38 with a -18.42% year-to-date return. Market capitalization increa…
Airline to offer daily nonstop service to New York
Delta Air Lines [NYSE: DAL] is resuming operations from Accra to New York JFK. Effective September 25, the airline will operate daily nonstop service for the very first time between the…
Infinix, a global leader in consumer electronics market, has launched the ZERO 8 in the Kenyan market. ZERO 8 is the company’s flagship series for 2020/21. Though targeting the high-end market, Zero 8 will retail at a relatively affordable…
Sola Yomi-Ajayi, the CEO of the United Bank for Africa(UBA)’s operations in the United States, has been appointed to the Export-Import Bank of the United States (US EXIM) Committee on Sub-Saharan Africa for 2020/2021. Established by the U…
Coronavirus: European Investment Bank (EIB) approves € 12.6 billion financing for transport, clean energy, urban development and COVID-19 resilience
Also backed investment in agriculture, water, housing, telecommunications and urban dev…
Ecobank, in partnership with the Registrar General, has sensitized businesses on the Companies Re-registration Directive by the Registrar General’s Department to drive compliance. The event, which was held virtually on Wednesday, September…
Olam urges international brands to adopt new rice eco-label to allow consumers to support farmers and promote sustainable rice production
Olam International is calling for retailers and food brands to back the new “Sustainable Rice Plat…
A gain in Societe Generale (+1.59%) kept the benchmark index in positive territory, closing the session 0.68 points (+0.04%) higher at 1,841.38 with a -18.42% year-to-date return. The market capitalization inched up by 0.01% to close at GH…
The National Insurance Commission (NIC) has advised the insuring public to verify the authenticity of any insurance entity before conducting business with them.
The caution comes after the Commission in collaboration with the police arr…
The Ghana Cocoa Board (COCOBOD) has announced that the 2020 Cocoa light crop season would end at the close of business on Thursday, September 17.
The statement, signed by Joseph Boahen Aidoo, the Chief Executive Officer of COCOBOD, said…
Emirates has introduced an exciting new deal that will help international students to see more of their family, and more of the world during the year.
Whether it is to travel between home and school, or to see more of the world with fri…
Emirates' African network will expand to 15 destinations with the restart of Luanda, Angola from 1 October.
Emirates’ African network will expand to 15 destinations with the restart of Luanda, Angola from 1 October. The airline continue…
Africa’s climate change fight gets a boost as Global Center on Adaptation sets up regional home at the African Development Bank
Hosted by the African Development Bank at its headquarters in the Ivorian commercial capital, Abidjan, GCA A…
The market was upbeat today as the benchmark index advanced by 24.93 points (+1.37%) on the back of three banking, consumer product and telecom counters to close the session at 1,840.70 with a -18.45% year-to-date return. The market capit…
Staff working from home for fashion retailer Next have been "stultified" by boring online presentations and missed out on office camaraderie, the company said.
Next said that overall, the impact of the pandemic on business had been "exp…
The Deputy Minister of Trade and Industry, Robert Ahomka Lindsey has launched the Nkosuo program, a partnership between the National Board for Small Scale Industries (NBSSI) and the Mastercard Foundation COVID-19 Recovery and Resilience Pr…
Mr Yussiff Zimbe Badia, the Assembly Member for the Sigri Electoral Area in the Wa West District, has appealed to the government and Non-governmental Organisations to help provide farmers with a tractor for ploughing purposes.
He said t…
The National Democratic Congress (NDC), Ghana’s largest opposition party, has rallied tomato farmers to vote massively for the party in the December elections since it had the panacea to transform the industry for the better.
Tomato gro…
Mr Dela Gadzanku, the Volta/Eastern Chair of the Association of Ghana Industries (AGI), has said the interest of the youth in entrepreneurial opportunities remained weak despite government and stakeholder efforts.
He said the AGI would …
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