Mr Kwaku Asomah-Cheremeh, the Minister for Lands and Natural Resources, has commended the immense contribution of mining companies to the growth and development of the country.
He said the mining industry is one of the key drivers of th…
Mr Adu Sarkodie, First Vice President, Ghana Employers Association (GEA), has appealed to government to take steps to bring down the high cost of borrowing from banks in the country.
He said currently Ghana's lending rate was among the …
MTN apologizes to its valued customers for inconveniences caused by recent adjustments in its tariffs.
The company yesterday also announced a 100% bonus for all customers impacted by the recent issues. The announcement was made during a…
US President Donald Trump has set off a new bout of trade worries, firing tariff threats and hinting that a China deal may not happen for another year.
Speaking at a Nato summit on Tuesday, Mr Trump said he had "no deadline" for strikin…
The Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Mr Joseph Boahen Aidoo, has advised cocoa farmers to guard their cocoa farms jealously and resist the temptation to release those lands out for illegal mining activities, po…
The government, between 2017 and May 2019, spent GH¢373.9 million as premix fuel subsidy to cushion fishermen across the country, the Minister of Energy, Mr John-Peter Amewu, has disclosed.
He explained that GH¢137.5 million was spent…
The goal is to scale up the program to 130 centers of excellence across the continent over a 10-year period
The African Development Bank (AfDB.org) and technology firm Microsoft (bit.ly/2LiaqcU) today launched the ‘Coding for Employment…
The benchmark index held onto a gain in Access Bank (+11.11%) to advance by 4.57 points (+0.21%), closing at 2,143.77 with a year-to-date return of -16.66% while market capitalization increased by 0.08% to settle at GH¢55.62 billion.
…
President Nana Addo Dankwa Akufo-Addo has cautioned Ghanaian traders against taking the law into their hands under the guise of enforcing laws governing retail trade.
He advised the traders, led by the leadership of the Ghana Union of T…
Last week, the African Energy Chamber (AEC) launched its first annual African Energy Outlook for 2020
Africa’s energy sector is a catalyst for growth and development across the continent. Industry and investors need to stay abreast of t…
The Business Bootcamp is in line with the African Union Commission (AUC) Chairperson’s “1 million by 2021 Initiative”
What: Business Bootcamp for 100 SME’s in Africa
When: 4 – 6 December 2019
Where: Ecobank (Ecobank.com) P…
The World Bank Group’s support will also help promote private sector and value chains development in agriculture and tourism
The World Bank Group pledged an additional $175 million over the period 2020-2022 to support Comoros’ developme…
The Minister for Environment, Science, Technology and Innovation (MESTI), Professor Kwabena Frimpong-Boateng has inaugurated a Community Mining Programme in the Nzema East Municipality of the Western Region.
This brings to two, communit…
US President Donald Trump has said he will place tariffs on steel and aluminium imports from Brazil and Argentina.
He justified the move saying those countries' weak currencies had made it harder for US food exports to compete.
"Braz…
Eni, an Italian oil exploration and production company, has signed a Memorandum of Understanding (MoU) with Ghana to spur sustainable development initiatives in the agri-business sector.
The agreement provides for a joint definition of …
Mr. Sylvester Tetteh, the Chief Executive Officer (CEO) of the National Youth Authority (NYA), has announced plans to give strong support to the young unemployed, to venture into snail farming for export.
They would provide the benefici…
Mr Guiseppe Conte, the Italian Prime Minister, has lauded the "Ghana Beyond Aid" agenda, and assured Italy's readiness to support the West African country achieve that vision.
He said Italy would provide the assistance for Ghana to impl…
The Textile, Garment and Leather Employees Union (TGLEU) has commended the Ghana Standards Authority (GSA) for clamping down on the sale of fake and unverifiable African textile prints.
A statement issued and signed by Mr Abraham Koomso…
THOUGHT OF THE WEEK
Black Friday Black January; Savings and Investments still key
The festive season is with us once again and as characteristic, most retailers are capitalizing on the season to embark on massive clearance sales. Pr…
What would you rather experience this December: a ‘black festive season’, with issues and uncertainty around energy, water and other critical infrastructure, or ‘Green-for-Go’ holidays – with running water, operational communications and …
Fairtrade meets stakeholders to discuss opportunities ahead of the 6th Agrofood and plastprintpack tradeshow from 10th -12th December
Organisers of the 6th agrofood & plastprintpack West Africa tradeshow have echoed their commitment to …
Experts attending the event will present the key findings of the research conducted by IOM this year in the four target countries
The International Organization for Migration (IOM) Regional Office for West and Central Africa, today unve…
In 2020, hundreds of blocks and acreages will be up for grab across Africa, from Senegal to Nigeria to Somalia
In its latest African Energy Outlook 2020, the African Energy Chamber (EnergyChamber.org) calls for sustained fiscal reforms …
The African Continental Free Trade Agreement (AfCFTA) under spotlight as Nigeria hosts national forum on historic agreement
The AfCFTA will become a key engine of economic growth, industrialization and sustainable development in Africa …
Emily Broughton, 24, a lifestyle blogger and entrepreneur, spends £200 a month on clothing on average, but she now spends part of that budget on renting clothes.
"I love to rent because you can get such amazing high quality items and tr…
The Trump administration is threatening to slap import taxes on $2.4bn worth of French goods in retaliation for the country's new digital services tax.
The US says the tax penalises firms like Google, Amazon and Facebook, and is proposi…
The Ghana Cocoa Board has warned Licensed Buying Companies (LBCs) against actions it describes as “unethical” in their internal marketing of cocoa beans.
The board said the practices, which involved the payment of spot premiums and othe…
Ghanaians have been urged to buy locally grown rice this Christmas, and on other festive occasions and for everyday consumption in order to give greater impetus to the agriculture sector.
Apart from saving Ghana millions of foreign ex…
The market began the week with a solid move to the upside on the back of advancement in GCB Bank (+1.03%), closing the benchmark index (+0.06%) at 2,139.20 with a -16.83% year-to-date return while market capitalization was up 0.02% to se…
The introduction of the new high value denominations does not pose any threat to the country’s inflation rate, two economists have said.
Although there have been some public concerns that the introduction of the higher denominations may…
The event is an important platform for African decision-makers in education and information communications technology (ICT)
The Innovation Africa 2019 Summit opens today in Accra, Ghana. The event is an important platform for African de…
As a member of The VOICE Network, Mighty Earth is thrilled to join VOICE, Rainforest Alliance, Fairtrade, and the world’s largest chocolate companies in calling on the European Union to strengthen their requirements for environmental p…
Now in its 22nd year, the Cairo ICT show attracts more than 500 exhibitors and over 94,000 attendees
Canon Central and North Africa (CCNA) (Canon-CNA.com), a world leader in imaging solutions, is proud to announce its participation in t…
Barclays Ghana and the proudly Ghanaian owned food business, Starbites Food & Drinks, have launched a joint partnership that offers customers 50% discount on Tuesday evenings, when they pay with a Barclays Visa Credit or Debit card.
Kn…
Societe Generale (SG) Ghana has rewarded 15 of its customers in the third draw of the ongoing '2019 Deposit and Win' promotion in Accra.
Out of the 15 customers, four walked away with the latest Samsung smartphones, three with large s…
The General Manager of Chirano Gold Mines Ltd, Mr Adriano Sobriera, has stressed the need for the Ghana Standards Authority (GSA) to be strengthened to effectively enforce standards in the mining industry.
He said unlike South Afr…
The Trades Union Congress, Ghana has at a public forum on the 2020 Budget, proposed the establishment of a Labour Bank to support Ghanaian workers to secure decent housing, soft loans and safeguard their welfare.
The Bank, upon establi…
Cargill has announced a 13 million dollar investment in the expansion of its cocoa processing site in Tema, Ghana to increase production capacity by 20 per cent.
Cargill has also committed 3.4 million dollars to Ghanaian community susta…
The Public Utility Regulatory Commission (PURC) has engaged stakeholders in Takoradi on its 2019/2020 major tariff decision.
The stakeholders engagement would expose the public to the approved tariffs agreed upon by the commission and…
The Peasant Farmers Association of Ghana (PFAG), has recommended a complete ban on the importation of rice into the country to secure the local rice industry.
According them there was enough local capacity to meet the rice demand of…
Yields on the 91-Day and 182-Day T-Bills eased.
Accra Bourse closed last trading week in November on a mixed note
Ghana Cedi posted significant depreciations against all three major trading currencies.
Brent crude oil dropped on…
The Bank is playing a leading role in guiding progress on climate change on the continent. The Bank has doubled its total climate change commitment to $25 billion between 2020 and 2025.
The African Development Bank will on Monday kick o…
Tony Elumelu Foundation to Open Applications for the 2020 TEF Entrepreneurship Programme on January 1, 2020
The Tony Elumelu Foundation (TEF) — Africa’s leading philanthropy dedicated to empowering African entrepreneurs — will begin acc…
Barclays Bank Ghana, part of the Absa Group, has been adjudged Bank of the Year at the 3rd Chamber Business Awards organised by the Ghana National Chamber of Commerce and Industry (GNCCI).
The award, the GNCCI said, is in recognition o…
The Consolidated Bank Ghana Ltd, has presented the CBG Financial Journalist of the Year award to Mr Maxwell Akalaare Adombila of the Graphic Communications Group at the 24th Ghana Journalists Association awards night in Accra.
The winne…
The Social Security and National Insurance Trust (SSNIT) has, as of October this year, collected arrears to the tune of GH?439.6 million from employers.
Out of this amount, GH?208.9 million was collected through prosecution.
This w…
CURRENCY, COMMODITY, AND EQUITY MARKETS UPDATE
CURRENCY UPDATE
At the end of the week, the composite loss value of the Ghana Cedi pushed the Ghana Cedi Index up by 13.1058bps to close at 482.5324 points at a Y…
Small-scale farmers in developing countries are already suffering from a changing climate they did not cause – with lower crop yields, reduced water availability, price spikes and increased food insecurity. Whilst agriculture contributes t…
Economic experts have cautioned the Bank of Ghana (BoG) to ensure that the introduction of the new cedi denominations into the economy will not affect the current volume of money in circulation.
Subsequently, they have advised the cen…
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