Mr Alan Kwadwo Kyerematen, the Minister of Trade and Industry, Thursday unveiled the Ghana Business Regulatory Reforms Portal to provide information on business related laws and regulations for prompt decision-making.
The Portal is an e…
Flights within China should fully recover by the start of next month according to a global travel data firm.
Air travel has been picking up gradually since the coronavirus grounded the majority of planes in February.
This month domes…
Gatwick Airport has revealed plans to cut a quarter of its workforce due to the impact of coronavirus.
About 600 jobs could be lost following an 80% reduction in the number of passengers.
The airport is running at about 20% its usual…
The UK was the hardest hit by Covid-19 among major economies from April to June, the Organisation for Economic Co-operation and Development has said.
Its economy suffered its biggest slump on record over the three-month period as corona…
TikTok chief executive Kevin Mayer has quit after just two months in the job ahead of an impending ban by US President Donald Trump.
The Chinese-owned firm has been accused of being a threat to US national security by the Trump administ…
The entrepreneurial dreams of innovative youths lies within reach under the Innovation Creativity and Entrepreneurship (ICE) module of MasterCard Foundation's Young Africa Works initiative.
The initiative, implemented by the National Bo…
The Savanna Agricultural Research Institute of the Council for Scientific Research Institute (CSIR-SARI), has launched a technical and entrepreneurial capacity building project for youth in maize cultivation to produce and market hybrid ma…
Government is considering the idea of setting up a Kente Craft Village to boost the production of the Ghanaian indigenous cloth for both local and international markets.
The proposal, put together by the Royal Kente Weavers and Sellers…
Engineering giant Rolls-Royce, which makes jet engines, has reported record losses after the coronavirus pandemic caused demand for air travel to slump.
The firm announced a pre-tax loss of £5.4bn for the first half of this year.
Chi…
The Minister for Lands and Natural Resources, Hon. Kwaku Asomah-Cheremeh has charged the newly constituted governing board of the Volta Aluminium Company (VALCO), to drive an agenda that will set the company as the fulcrum of the full deve…
President Nana Addo Dankwa Akufo-Addo Wednesday said government would support the Cocoa Processing Company (CPC) to turn its losses and debts into profitability.
He said the company was strategic to the government's push for a value-add…
The Bank of Ghana (BoG) says the deposits of customers of the nine banks whose licences were revoked as a result of the financial sector cleanup, have been paid to them.
However, there Central bank said it was in the process of settling…
The 55th Annual Meetings of the African Development Bank opened in Abidjan on Wednesday with renewed commitment to economic resilience in Africa.
In his opening speech, the President of Côte d’Ivoire, Alassane Ouattara, highlighted the …
The Ghana National Canoe Fishermen Council in the Central Region has called on the government to take urgent steps to stop illegal transshipment, popularly known as Saiko.
That, the council said, was crucial to help protect the fishing …
The additions extend the bank's agency plus partners in Accra, making it possible for more people to access its products and services.
A statement from the bank said the new agency plus partners were in the St. Tito Clothing, Topmed Pha…
The Chief Executive Officer (CEO) of Zonda Tec Ghana Limited, Mrs Yang Yang, has asked for a review of the Ghana Automotive Development Policy (GADP) to help create a competitive industrial hub for the automobile industry in West Africa.
…
Chinese financial technology group Ant has unveiled plans for a stock market debut that may raise a record $30bn (£23bn).
The company, affiliated with online retail giant Alibaba, says it will sell shares in Hong Kong and Shanghai.
T…
American Airlines has said it will cut 19,000 jobs in October when a government wage support scheme extended to airlines during the pandemic comes to an end.
The world's biggest airline said the cuts, on top of voluntary departures and …
The Kwame Nkrumah Ideological Institute (KNII) has called on African leaders to immediately abolish trade borders to ensure the free movement of goods and services across the continent.
The KNII noted that the continent could not achiev…
Electronic Waste Management in Ghana (E MAGIN), a project being implemented by the University of Cape Coast has organized a two-day training programme for selected Micro, Small and Medium-sized Enterprises (MSMEs)
The training workshop …
Vice President Dr Mahamudu Bawumia says the rationalisation of the banking sector by the government, has ensured that deposits of 4.6 million Ghanaians were saved.
He said the depositors would have completely lost their deposits just li…
A furnace explosion at the United Steel Company Limited on Monday, August 24 at the Freezone Enclave in Tema has injured nine persons and destroyed property belonging to MND Metals Company Limited.
The nine injured included; six Ghanai…
President Nana Addo Dankwa Akufo-Addo on Tuesday said the government is keen on making Ghana a regional hub for financial services.
Thus, it is committed to supporting the country's financial market to enable it to contribute to that vi…
The Vice President, Dr Mahamudu Bawumia says it makes more economic sense to put an airport in the Central Regional capital of Cape Coast just like the one in the Volta Regional capital of Ho.
He says he finds it mind-bugling that the r…
NEW YORK (Reuters) - The euro rose on better-than-expected German business morale data on Tuesday while global equity markets gained, with the S&P 500 and Nasdaq setting new closing highs, after a phone call cooled a recent flare-up in U.S…
The US and China have held talks over their so-called "phase-one" trade deal after the discussion was delayed earlier this month.
Both sides saw progress and are committed to the agreement, the US Trade Representative said.
Negotiati…
Facebook has agreed to pay the French government €106m (£95.7m) in back taxes to settle a dispute over revenues earned in the country.
The payment covers the last decade of its French operations from 2009.
The social networking giant…
The Minerals Income Investment Fund (MIIF) is racing to float shares of its special purpose vehicle (SPV) on the Ghana and the London stock exchanges before the end of the year.
The main subsidiary of the MIIF and holding company, Agyap…
The Ghana National Association of Small Scale Miners has warned its members to desist from involving the association in partisan politics.
The association says partisan politics will adversely affect its operations.
Speaking at the s…
The Ghana Tuna Association (GTA) has appealed to the government to reduce fees on tuna vessels, especially in this time of the COVID-19 pandemic when businesses are reeling from economic pressure, with some being given bailouts.
It clai…
A cross-section of beauticians and dressmakers on Monday expressed dissatisfaction with the slow pace of business even after easing the Covid-19 restrictions.
Madam Sandra Aidoo, a beautician at Pokuase, a suburb of Accra, told the Ghan…
For the first time in the history of the African Development Bank, its Annual Meetings will be held virtually to comply with the COVID-19 pandemic-related social-distancing guidelines.
The Governors' Dialogue and the election of a presi…
Britain’s largest supermarket Tesco on Monday said it will create an additional 16,000 permanent jobs to support the exceptional growth in its online business and may even increase the number of roles as the lockdown boosted its sales.
…
Global fast-food giant KFC says it is dropping its "Finger Lickin' Good" slogan amid the coronavirus pandemic.
It has prepared new packaging with the phrase obscured, albeit lightly.
"We find ourselves in a unique situation - having …
Enpact e.V, a German Non-Governmental Organisation (NGO), has opened applications for businesses to receive financial, mentoring and technical support to deal with challenges associated with the onset of COVID-19.
The NGO’s COVID-19 Re…
The Universal Merchant Bank (UMB) has organised a virtual clinic for more than 200 small and medium-sized enterprises (SMEs) across different business sectors to help sustain them within these Covid-19 times.
The webinar is one of the m…
More than 120,000 micro, small and medium-sized enterprises (MSMEs) owners have so far received the special fund set up by the government to cushion businesses from the impact of the coronavirus pandemic.
Mrs Kosi Yankey-Ayeh, the Execu…
LONDON (Reuters) - Coronavirus treatment hopes nurtured risk assets on Monday, lifting stocks for a second straight session and weighing on safe-haven Bunds, while markets geared up for the U.S. Federal Reserve’s annual Jackson Hole meetin…
CHICAGO (Reuters) - Delta Air Lines (DAL.N) has doubled its staffing to handle revamped pre-flight “pit stops” for deeper cleaning and wants to ensure that tray tables and restroom door handles are germ-free with a new testing process, an …
VODAFONE Ghana Foundation has relieved patients receiving medical treatment in some of the major hospitals across the country of their medical bills as part of activities to mark this year’s World Humanitarian.
The gesture forms part of…
Friends of the Nation (FoN),a Non-Governmental Organization(NGO), has called on the Government to take steps to stop the Illegal pair trawler (saiko) fishing in the Ghanaian waters.
According to FoN, the alarming rate at which the fish …
A zonal multi-stakeholder platform meeting has been organized for stakeholders to discussed issues of Illegal Unreported and Unregulated (IUU) fishing in the area.
The meeting, also provided the space for dialogue and discussions on iss…
The European Union has agreed to eliminate tariffs on US lobster, a key priority of President Donald Trump.
In exchange, the US will halve import taxes on some $160m (£122m) worth of European goods, including cigarette lighters and cert…
Businesses in the country have expressed their readiness to take advantage of the African Continental Free Trade Agreement (AfCFTA) by partnering with their counterparts both local and international to establish multinational firms that ca…
Mr Francis Ennor, the Upper East Regional Director of Agriculture, has urged farmers to make sure of available market before producing as marketing is the driving force in the Agricultural business.
He said there was the need to ensure …
Noel Randewich
3 Min Read
(Reuters) - Shares of Tesla Inc surged past the $2,000 mark on Thursday for the first time as the electric car maker extended its recent rally ahead of an upcoming share split.
The company’s stock clos…
Mr Peter Kwamena Bartels, the Board Chairman of GOIL Company Limited, has said for the first time in several years, growth in fuel sales volume was higher than that of the Industry.
"Whilst the Industry grew by 6.44 per cent, GOIL grew…
Members of Asene Ghana Rice Farmers Group have lauded the Agriculture Department in Asene Manso Akroso District for introducing them to modern rice production.
Mr Asante Badu, the Chairman of the Group, told the Ghana News Agency at a d…
The Bank of Ghana and two other bodies are currently fine-tuning a new code of conduct to guide the conduct of bankers and banking sector employees in the country.
Among other things, the new code will make it possible for practitioners…
The Trades Union Congress (TUC) has called on government to immediately convene a stakeholders' forum to discuss and review upward the low lump-sum benefits and related issues of pensioners.
A statement from the TUC, signed by Secretar…
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