Businesses in the country’s hospitality industry are cashing-in on the Year of Return as well as the conducive environment created by the government in the sector to open their business to the rest of the world.
Ghana, as the most peace…
The benchmark index opened the week positively, gaining 27 points (+1.21%) to close at 2,249.86 with a year-to-date return of -12.53% on the back of gains in three banking and telecom counters while market capitalization increased by 0.4…
The First International Essence Global Black Economic Forum to Be Held in Accra During the Essence Full Circle Festival
- Commemorating the ‘Year of Return’ in Ghana, the Forum and Festival Will Focus on Economic Collaboration and Cultu…
China will cut tariffs on hundreds of products ranging from frozen pork to high-tech parts next year, lowering trade barriers to support the economy.
In a statement, Chinese authorities said import tariffs on 859 items would be reduced …
Mobile Telephony reviewers have rated the Huawei Y9s higher than Samsung A50 mobile devices due to Huawei constant innovation and it superior technology application.
A statement copied to the Ghana News Agency said the review conducted …
The Ministry of Employment and Labour Relations has denied making payments to some category of workers.
It said the Ministry has not issued any such statement, explaining that the Ministry's official website is: www.melr.gov.gh and NOT …
Agricultural businesses and NGOs involved in the Agriculture sector have been urged to turn their attention to market-oriented agriculture in order to ensure that their produce are well marketed to create wealth for farmers.
They are a…
MTN Ghana, through its Mobile Money (MoMo) Service, has rewarded Madam Rita Tetteh, a businesswoman who played a key role in its first MoMo television advert, with a two-bedroom apartment.
She played a convincing role in the advert, whe…
The Central Regional Chamber of Commerce and Industry, has initiated a bold move towards relocating members of the Ghana National Association GARAGES to Mempeasem, a suburb of Cape Cape.
The move has been described by many as 'historic'…
Neenyi George Andah, Member of Parliament (MP) for Awutu-Senya West has reaffirmed government commitment to invest heavily in agricultural sector to increase food production for export and local consumption.
The MP who is also the Depu…
The Minister of Trade and Industry, Mr Alan Kyerematen, has stressed the importance of export trade to the country's socio-economic development, saying it is the best way to grow Ghana's economy.
Speaking at the President's National Awa…
Weekly Highlights
3rd quarter GDP dropped to 5.6 percent
November’s Producer Price Inflation at 9.90 percent
Yield on 182-Day T-Bills upped by a basis point.
GSE posted mixed performance.
Cedi advanced against the British pou…
Stock Market Highlights
•Stocks declined by 0.46% this week following losses in five counters in the banking, insurance, petroleum marketing and telecom sectors. The benchmark index closed at 2,222.86 with a -13.58% year-to-date return …
US set to lose top spot as world’s biggest cashless society to China and other emerging Asian nations in 2020
The US is set to lose its top spot as the world’s largest cashless region to emerging Asian markets led by China next year, du…
Market Performance
Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Losers
Market Summary
Downward price movements in five counters in the banking, insurance, oil marketi…
As the global recession gathers strength, most African economies are relatively unaffected owing to the strength of economic diversity in some regions. This is according to the Institute of Chartered Accountants in England and Wales (ICAEW…
O line 1 of the abidjan metro network: the technical and financial offer submitted by the abidjan rail transport company (star) has been approved
ON 21 DECEMBER 2019, the Ivorian authorities in charge of the project, coordinated by the …
At least 300,000 highly vulnerable Malawian families will benefit from a new US$125.4 million programme that aims to increase their productivity and strengthen their market access.
Agriculture is the backbone of Malawi’s economy. It acc…
Fund Seeks Opportunistic Investments in Credit and Assets Globally
Värde Partners, a leading global alternative investment firm, today announced it has raised its 13th flagship vehicle, Värde Fund XIII (“the Fund”), with $2.47 billion i…
Support from the Bank’s African Development Fund will bolster ongoing reforms being undertaken by the government of Tanzania
The African Development Bank (AfDB.org) has approved a $55 million facility to strengthen implementation of r…
The Annual Agency Awards of Enterprise Insurance took a different turn this year. The awards session, dubbed, “The Golden Walk Awards” was held on 19th December, 2019 at Advantage Place, Accra.
The event which was attended by agents fro…
Nigeria Profits from Public-Private Investments: Waltersmith Modular Refinery Set to Meet the Scheduled Deadline
The project falls in line with H.E. Chief Timipre Sylva’s objectives to foster private sector participation in increasing d…
Fifty-five Ghanaian companies and individuals have been recognised for their sterling performance in the export business over the last two years, 2017 and 2018.
This was at the President's National Awards for Export Achievement, organis…
The Chief of Staff, Mrs Akosua Frema Osei Opare, has cut the sod for the construction of a market at Dome in Accra. The project will be financed by the government and undertaken by Prolux Investment Limited at an estimated cost of GH¢9.4 m…
Women need to be aided with unimpeded access to credit facilities, to drive their entrepreneurial skills and successfully operate their own businesses, Ms. Ivanka Trump, Senior Advisor to the US President, has said.
She added that they …
The Ministry of Trade Industry, says Unijay Garments Limited and Volta Forests Products, have received financial support under the government's signature One District One Factory (1D1F) programme.
Although the two companies were already…
The newly launched Huawei Y9s got sold out across the country within four hours of its release.
A statement copied to the Ghana News Agency said Huawei customers and enthusiasts all over the country rushed to authorised Huawei dealer sh…
The Divisional Union of the Public Service Workers' Union (PSWU) of the National Board for Small Scale Industries (NBSSI) is calling on government and stakeholders to abolish plans to privatize the Business Resource Centres.
The Union e…
Nana Ama Poku, the Deputy Chief Executive Officer (CEO) of the Ghana Export Import (EXIM) Bank, has been conferred with the prestigious Global Leadership Excellence Award in recognition of her dedication, service and contribution to the de…
Government will embrace impact investment approach, which is expected to hit US$37 billion by the end of this year towards achieving the Sustainable Development Goals (SDGs), Mr Ken Ofori-Atta, the Finance Minister, said this on Wednesday.…
Royal Dutch Shell (RDSa.L) said on Friday it expected to write down up to $2.3 billion in the fourth quarter, the latest major energy company forced to shrink estimates for sector values due to a weaker economic outlook.
In a trading up…
The second phase of the maiden Onga Wholesaler’s Appreciation Night has been held at Kumasi where over 90 wholesalers were acknowledged for their contributions towards the growth of the brand.
The event saw wholesalers interact and sh…
The Management of African Aurora Business Network (AABN), an Enterprise Development Organisation, has provided business development services to 1,220 youth and Micro, Small and Medium Enterprises for the past five years under the YIEDIE pr…
Mr Kweku Ricketts-Hagan, a former Deputy Minister of Finance under former President Mahama, says the recent introduction GHC 100 and GHC 200 suggests rising inflation against government's own claim.
He added that the new higher denomi…
Ghana is likely to miss the deadline for the establishment of Beneficial Ownership (BO) disclosure regime, in spite of achieving global recognition for making the fastest progress in the shortest possible time in September 2017.
This wa…
World stocks touched record highs on Friday, as trading wound down before the year-end holidays, while the British pound was heading towards its worst week for more than two years amid renewed worries over how Britain will leave the Europe…
Prudential Bank Limited has opened two branches in Accra with a promise to roll out additional digital platforms to provide convenient banking for customers.
Mr John Addo, Deputy Managing Director, Finance Administration and Credit Ad…
Mr Eric Asubonteng, the President of the Ghana Chamber of Mines, has urged government to pay attention to the mining value chain and continue to create opportunities for locals to benefit from the industry.
"We need favourable dispositi…
The Nsoatreman Rural Bank in Sunyani West Municipality of the Bono Region has exceeded the Bank of Ghana's (BoG's) capital requirement for Rural and Community Banks (RCBs) pegged at GH?1,000,000.00 in 2018.
The financial institution has…
Ghana is to host the 4th edition of the Ghana International Conference on Trade and Finance (GITFIC) on the African Continental Free Trade Agreement (AfCFTA) in April 2020.
Mr. Selasi Koffi Ackom, the Chief Executive Officer of GITFIC…
The Odikro, opinion leaders and people of Kotokuom community, Ghana Education Service officials and school authorities joined representatives from AirtelTigo for a ground-breaking ceremony to mark the construction of six-unit classroom blo…
Aberdeen based production optimisation specialist, Enpro Subsea has rounded off 2019 with the granting of supplementary patents which underpin and expand its already robust technology portfolio and further strengthens its offering to the g…
The benchmark index closed 2.30 points (+0.10%) higher at 2,245.87 with a year-to-date return of -12.69% on the back of price advancement in Republic Bank (+6.25%) while market capitalization increased by 0.04% to settle at GH¢56.68 bill…
Merck Foundation together with Chad First Lady release a children story as part of “More Than a Father”
“Merck more than a Father” started in 2018 by raising awareness about male infertility prevention and management and breaking the st…
The Board of Directors of the African Development Bank has approved a $272.12 million loan to Tanzania for the construction of a new international airport in the capital Dodoma.
The funding package, approved on Wednesday, comprises a $1…
The seminar was held to introduce the potential of African students to the Japanese business community
1. On December 19, Africa Business Seminar in Nagoya - Highlighting the Potential of African Students- was held at JICA Nagoya Global…
Once complete, the project will add 46 MW of clean energy to the local power supply
One of Malawi’s first solar projects has reached financial close after attracting investment volume totaling $67 million USD. Initial site works have be…
World Bank report ranks Saudi Arabia as world’s top ease of doing business improver
The Saudi Logistics Hub initiative to make import and export logistics more convenient and business-friendly
Saudi Arabia has been ranked as the …
Further to the “Meeting of Minds” workshop, a report probing into discussions has been published this week by Mauritius Commercial Bank (MCB)
In October 2019, during the tenth Africa Forward Together (AFT) forum in Mauritius and spearhe…
SGI Dubai a key platform for retail, digital printing, signage, retail and LED categories will be held at Dubai World Trade Centre from January 12th to 14th 2020
Africa’s growing youth population, rapid urbanisation and the increased pu…
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