“After the Crash – What’s Next?” Africa Oil Week releases two reports, created in collaboration with Wood Mackenzie
Posing the question “what’s next?”, the reports look at what has changed in the upstream and offer future projections
…
Mr Samuel Ayeh-Paye, Chairman Parliament’s Roads and Transport Committee, says the Government is paying road contractors for works executed and urged them to follow through with their Interim Payment Certificates (IPCs).
“Payment is goi…
The year-on-year inflation rose slightly in July to 11.4 percent compared with 11.2 percent in June, 2020.
Professor Samuel Kobina Annim, the Government Statistician, said at a briefing that after large price increased in March to June,…
Parliament has approved a total of 598.7 million Euros loan agreement between the Government and the Deutsche Bank to finance the construction of sections of the Western railway lines.
The agreement covers the proposed construction of t…
The United States Government, through the U.S. Agency for International Development (USAID), and the Global Shea Alliance (GSA), Wednesday, launched the Action for Shea Parklands (ASP) initiative, under which 20,000 shea trees will be plan…
Macau has taken its first steps on the road to recovery as the casino capital starts issuing tourist visas again.
Asia's gambling hub became a ghost town after coronavirus lockdowns saw a severe downturn in visitors.
Macau authoritie…
The President of Laweh Open University, Prof. Mrs Goski Alabi, has appealed to the government to employ strategies that will help reduce the cost of internet accessibility to help promote virtual learning among schools in the country.
S…
The Resilience Against Climate Change (REACH) project intends to whip-up the level of the yield of unproductive cashew plantations in the North-West Zone of Ghana to boost the economic fortunes of farmers in that area.
To fulfil this, t…
A total of GH¢1.1 million Microfinance and Small Loans Scheme (MASLOC) has been disbursed to some 44 individuals and groups in the Krachi East Municipality of the Oti Region.
Mr Samuel Mawusi, Deputy Oti Regional Director of MASLOC, sai…
A newly introduced Pro-Vitamin 'A' orange maize variety which could help boost the immune system of its consumers have been introduced onto the market.
Dr Manfred B. Ewool, a Senior Research Scientist and Maize Breeder at the Council fo…
IFC, a member of the World Bank Group, today announced a $50 million loan to Diamond Trust Bank Kenya Limited (DTB) to support its borrowers, especially small and medium enterprises (SMEs), who have been affected by the economic challenges…
Standard Bank’s Africa Wealth Report provides landmark research on the high-net-worth segment in key African markets
Standard Bank Group, Africa’s largest financial organisation by assets with operations in 21 markets on the continent,…
RingCentral and Alcatel-Lucent Enterprise will jointly develop programs enabling both companies to lead the cloud communications services for the enterprise market
Alcatel-Lucent Enterprise (AL-Enterprise.com), a leading provider of com…
An Open Day to showcase operations, COVID-19 pandemic prevention and control measures and resumption of work at the De Aar wind power project, South Africa's largest wind power project, was held on Aug 10.
Themed "Greener Energy, Greene…
Downward price movement in two consumer product stocks dragged the benchmark index down by 10.06 points (-0.53%) to close at 1,883.45 with a -17.00% year-to-date return while the market capitalization decreased by -0.20% to settle at GH¢5…
cocoa motors. Inc. of Tokyo, Japan started the worldwide sale of a vehicle users can carry with them in a bag, dubbed "WALKCAR," on August 11 on the company's official website.
WALKCAR has the same size as a 13-inch laptop PC.
It is …
The Women’s Program Engagement Council (WPEC) aka “Africa’s Titans®”, is a Global Sustainable Partnerships (GSP) Global Initiative designed to help African and African American women entrepreneurs and business owners expand into new market…
For the first time in Africa, business professionals will have a strong chance to acquire the CMA certification, through B Certified Pro.
Certified Management Accountant (CMA) is a professional, U.S-based, globally recognized certificat…
MTN MoMo Stakeholder Forum- Panellists to Discuss the Growth of Fintechs in a COVID-19 World on August 12
MTN Ghana will host five experts in the Financial and Technology (FinTech) sectors at the second MTN Business World Breakfast meet…
Visa Expands Commitment to Sustainability Through Inaugural $500 Million Green Bond Issuance and Appointment of Chief Sustainability Officer Role
Visa (NYSE: V), a leading global payments technology company, today announced that yesterd…
The First Atlantic Bank has launched its 25th Anniversary celebration with a commitment to continue providing its customers with innovative products and services as it positions itself for bigger competition in the West African sub-region.…
The Kantanka Group of Companies is to introduce a new electric vehicle in the Ghanaian market – Kantanka Amoanimah EV.
The company is still putting final touches to the first vehicle currently still being assembled in Ghana.
Although…
The Ghana Climate Change, Agriculture and Food Security (CCAFS), science-policy dialogue platform, has since its existence provided consistent research and development to support the mainstreaming of climate smart agriculture (CSA), into G…
Goods made in Hong Kong for export to the United States will need to be labelled as made in China after Sept. 25, according to a U.S. government notice posted on Tuesday.
The move follows China’s imposition of a national security law on…
The UK's oil industry is in "crisis" as prices drop, a senior industry leader has told the BBC.
Oil companies and service providers are cutting staff and investment to save money.
Robin Allan, chairman of the independent explorers' a…
Apple chief executive Tim Cook has moved into the billionaire club as the tech firm's share price continues to soar.
Apple's market value has been on the rise following strong results and the upbeat outlook for tech giants.
Mr Cook o…
Heathrow Airport's boss has warned quarantine restrictions are "strangling the UK economy", and renewed calls for Covid-19 testing at airports.
Thousands of jobs are being lost because Britain is being cut off from key markets, said chi…
Car maker Toyota has closed its branch in the Ugandan capital, Kampala, after three of its staff tested positive for coronavirus, the Daily Monitor newspaper reports.
The test results were confirmed by the health ministry, it reports.
…
The Institute of Fiscal Studies (IFS) has warned that the country’s economy is in what it described as a fiscal mess which will require urgent measures to restructure.
It has, therefore, cautioned the government to be careful with its f…
Dr.Gyiele Nurah, the Minister of State In-charge of Agriculture, has stressed the need to effectively address the socio-economic barriers inhibiting women's active participation in the agricultural value chain.
He said increasing financ…
The Ahanta West Municipal Assembly (AWMA) in the Western Region in collaboration with the Business Advisory Center (BAC) has provided both technical and management training programmes for new and existing Small and Medium Enterprises (SMEs…
The National Insurance Commission (NIC) together with the Motor Traffic and Transport Department (MTTD) of the Ghana Police Service, will soon commence a nationwide exercise to enforce the Motor Insurance Database (MID) introduced by the N…
Spearheaded under the AUDA-NEPAD “100,000 MSMEs by 2021” (100K MSMEs) programme launched by the African Union Development Agency – AUDA-NEPAD and the Ecobank Group, the MSME Academy provides easy access to practical training and resources …
Facebook Unveils Book of Life & Business Lessons from Top South African Women in Celebration of Women’s Month
Each chapter focuses on an insightful and personal lesson hoping to resonate and inspire the future generations
As part of …
The Maghreb – which principally comprises Algeria, Libya, Mauritania, Morocco and Tunisia – has
been hard hit by the coronavirus, but the pandemic has also sparked innovation and driven changes in the region that many hope will outlast Co…
Taulia releases new Supplier Sentiment Survey to highlight the plight of small businesses
Over 60% of businesses are more interested in requesting early payment (62%) and automating invoice processing (66%) as a result of the COVID-19 p…
The GSE Composite Index moderated by 3.02 points (-0.16%) due to CAL Bank (-7.69%) to begin the week at 1,883.45 with a -16.56% year-to-date return while the market capitalization eased to GH¢52.78 billion.
Accordingly, the GSE Financi…
We live in a world of rapid geopolitical and socio-economic change, impacted by technological innovation, and driven by economic inequality and ideological discourse. It is a world in which we are witnessing the birth of new human aspirat…
Weekly Highlights
? Yield on 364-Day T-Bill at 16.94 percent, upped by 12 basis points.
? The GSE Equity indices closed mixed.
? The Cedi appreciated against the Euro but lost to the British Pound and the US Dollar.
? Wallstreet clo…
U.S. Treasury Secretary Steven Mnuchin on Monday said companies from China and other countries that do not comply with accounting standards will be delisted from U.S. stock exchanges as of the end of 2021.
Mnuchin and other officials re…
World stocks inched to 5-1/2 month highs on Tuesday, lifted by bets a U.S. fiscal stimulus package will be reached and by signs Sino-U.S. tensions have eased ahead of a crucial round of trade talks.
While investors took cheer from an or…
Africa's largest mobile operator, South African telecoms giant MTN, announced it would pull out of the Middle East to concentrate on Africa, and scrap its interim dividend under a blueprint to navigate the coronavirus pandemic.
"MTN has…
Business Executive and Youth Coach, Nenya Kojo Nuamah, has advised the youth to leverage technology order to manage their time during this COVID-19 pandemic.
“Some things are best done by meeting the person face to face but COVID has…
Managing Investment Portfolio.
An investment portfolio is a set of financial assets owned by an investor. Financial assets that constitutes a portfolio may include stocks, bonds,
mutual funds and cash. Investors aim to achieve returns by…
State oil giant Saudi Aramco’s profit plunged 73% in the second quarter of the year, as a slump in energy demand and prices due to the coronavirus crisis hit sales at the world’s biggest oil exporter.
But the company stuck with plans t…
"It's been really upsetting and stressful," says Will Bird, an events producer who was recently made redundant.
Mr Bird will need to move out of his apartment soon as he can no longer afford the rent without a job.
The number of firm…
The Institute of Fiscal Studies (IFS) has commended government on its financial commitments to alleviate the suffering of the vulnerable in the Covid-19 pandemic.
The Institute in its assessment of government's fiscal policy amid the pa…
Professor Wisdom Akpalu, the Dean of School of Research and Graduate Studies, GIMPA, has said the fishing industry is at the verge of collapse due to over exploitation through artisanal fishers and industrial trawlers activities and called…
The benchmark index was upbeat this week, closing 8.83 points (+0.47%) higher on the back of MTN Ghana (+1.75%) at 1,886.47 with a -16.42% year-to-date return while the market capitalization increased by 0.17% to close at GH¢52.81 billion.…
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