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…
Volkswagen (VW) has been slapped with a record fine by Australia's consumer watchdog to settle lawsuits over the carmaker's global emissions scandal.
The A$125m ($86m; £66m) penalty is the highest ordered by a court for breaches of Aust…
The economy grew by 5.6 per cent year-on-year in the third quarter of 2019, slower than the 7.4 per cent growth recorded in the third quarter of 2018, provisional figures from the Ghana Statistical Service (GSS) have indicated.
The valu…
The acting Commissioner-General of the Ghana Revenue Authority (GRA), Mr Ammishaddai Owusu-Amoah, has said the authority will automate the processes for the payment of Value Added Tax (VAT) and other forms of taxation next year.
He said…
Retail sales fell in November with shoppers keeping a tight grip on spending amid uncertainty about Brexit and ahead of December's election.
Monthly retail sales fell by 0.6% in November, the fourth month in a row without growth, the Of…
IFC, a member of the World Bank Group, and the Ghana Stock Exchange (GSE) have partnered to strengthen the corporate governance of listed companies.
It is also to help the GSE become a more efficient and transparent regional platform fo…
Madam Catherine Krobo Edusei, Founder and Managing Director of Eden Tree Ghana Limited, has said agriculture production would have a major boost if banks in the country lend to players in the agriculture value chain.
She said most finan…
Mr. Frederick Mensah Ashitey, the Ashanti Regional Manager of Ghana Co-operative Credit Unions Association (CUA), has appealed to members of the Akrofuom Teachers Credit Union, (ATCU) to increase their savings to help improve the assets of…
Anglogold Ashanti Ghana Limited is collaborating with the National Board for Small Scale Industries (NBSSI), to develop the business acumen of local enterprises at Obuasi, a mining community in the Ashanti Region.
The objective is to he…
Madam Habiba Ibrahim, the Best Female Farmer in the Atiwa East District has appealed to government to provide rice farmers with combine harvesters to alleviate the stress they go through in harvesting their rice.
Speaking to the Ghana …
Mr David Antwi Ofori, Head of Operations, Accra Digital Centre, has said technology hubs need to join forces and build a well-defined data driven start-up ecosystem in various categories.
He said it was important "we build categorisatio…
Standard Chartered Bank (SCB) has launched a promotion to champion the use of electronic cards and to discourage the use of cash for payments.
The campaign would reward both existing and new customers who increasingly use their debit ca…
The GSE Composite Index held onto gains in GCB Bank (+2.04%) to close 2.46 points (+0.11%) higher at 2,243.57 with a year-to-date return of -12.78% while market capitalization inched 0.04% up to settle at GH¢56.63 billion.
Accordingly, …
The John A. Kufuor Foundation (JAK Foundation) together with the Ghana Rice Inter-professional Body (GRIB), the Millers's Association of Ghana and Hopeline Institute, have expressed gratitude to the President, His Excellency Nana Addo Dank…
The accommodation-booking service Airbnb does not need an estate agent's licence to operate in France, Europe's top court has ruled.
The French tourism association had complained that Airbnb did not comply with French property laws.
…
Growth of the economy for the third quarter of 2019 including oil fell to 5.6 compared with the 7.4 per cent recorded in the same period last year.
The non-oil GDP growth rate fell to 4.6 per cent in the third quarter of 2019 against …
The local payment cards, gh-Link EMV prepaid and debit cards have been launched in Accra with a call on Fintechs to take advantage of the Payment and Services Act to develop payments systems and products to drive financial inclusion in t…
The Republic Bank Ghana Limited has partnered the State Housing Company (SHC) to tackle the housing challenges facing the country.
Under the partnership, Republic Bank would provide funding to SHC to build new houses and support the p…
"The average chief executive of a major American corporation - according to a recent Senate hearing - is paid about 100 times as much as the average worker. And our government today rewards that excess with a tax break for executive pay, n…
A big night out in London once cost Sarah a whopping £250.
However, the typical night is about £60 to £100, says the 30-year-old consultant.
Sarah isn't the only one splashing the cash on nights out in towns and cities across the UK.…
Dr. Hafz Bin-Salih, the Upper West Regional Minister, has admitted that the government is highly indebted to the Northern Electricity Distribution Company (NEDCO) and gave the assurance that all outstanding electricity bills would be settl…
Collective Investment Schemes; the future of Investing in Ghana
Collective Investment Schemes (CIS) are pools of investor funds that are managed on their behalf by a professional fund manager. These schemes have clearly spelt out inves…
Standard Chartered (+1.00%) drove the market upward, closing the benchmark index 2.49 points (+0.11%) higher at 2,241.11 with a year-to-date return of -12.87% while market capitalization inched 0.05% up to settle at GH¢56.63 billion.
…
Region expected to bounce back in 2020 with positive trade growth
Asia-Pacific economies may see positive trade growth in 2020 but are still facing downside risks from the adverse impacts of the United States – China trade tensions, two…
Barclays Bank Ghana, part of the Absa Group has organised an engagement session for over 350 tertiary students and unemployed graduates in the Sunyani Municipality to empower them with the appropriate skills for a smooth transition into th…
Francis Kariuki, recently a former Head of Operations at a flexible workspace (also known as a coworking space) in Kenya sits across from me as we have a chat on the immediate future of the flexible working industry. Beaming with excitemen…
Uganda, Ghana and Botswana have highest percentage of women business owners in the world, finds Mastercard Index
Third edition of Mastercard Index of Women Entrepreneurs profiles the progress and achievement of women entrepreneurs acros…
Vivo today celebrates its continued expansion into the Middle East and Africa markets just six months after it entered the region. Rallying behind a strategy to immerse in local culture and tailoring its approach to those consumer needs, v…
After years of research, detailed design and planning, global wellness company Resense is thrilled to open the new Resense Spa & Wellness at the Kempinski Hotel Gold Coast City Accra, Ghana.
The Resense Accra experience has been careful…
The government intends to bring down a Brexit process guillotine at the end of December 2020.
If we haven't agreed a trade deal by then, we are out anyway. The ghost of no-deal, it seems, will be haunting business in Christmas future.
…
The operations of Tullow are going through swings but the company is not up for sale, the Managing Director of Tullow Ghana and Executive Vice President of the USA-based firm, Tullow Oil Plc, Mr Kweku Awotwi, has said.
It is also not …
Just like other sectors of the economy, the country's maritime sector looks uncertain going into 2020.
This is due to a combination of factors summarised in the implementation of some key policies in the sector and the general uncerta…
Toyota Motor Corp (7203.T) expects its global vehicle sales to stay at record highs in 2020, even as demand shows signs of slowing in China and the United States, the world’s top car markets.
The Japanese automaker said it planned to se…
The BBC's weekly The Boss series profiles different business leaders from around the world. This week we speak to Nick Mowbray, the co-founder and co-chief executive of toymaker Zuru.
A few years into trying to build a toy business in C…
In the first nine months of this year, the government spent more than half of petroleum proceeds earmarked for budget support on the Free Senior High School (SHS) programme, leaving the remainder for three other priority sectors to share…
The Director General of the Ghana Standards Authority (GSA), Professor Alex Dodoo, has been appointed the Standards Ambassador to the Africa Continental Free Trade Area (AfCFTA) Secretariat by the African Organisation for Standardisation (…
The University of Cape Coast (UCC) Co-operative Credit Union has launched a new package in its operations with the aim of preparing and securing financial risk-free future for its members.
The package, "Personal Development Account," is…
The Management of the Pan-African airline, ASKY, has taken delivery of a Boeing 737-800 aircraft at the Lomé Airport (Hub) in the presence of company officials.
The statement from the Airline said the new aircraft had a capacity of 154 …
Over 400 customers of the defunct GN Bank have so far received their locked up funds at the Sefwi- Asawinso branch of the Consolidated Bank Ghana (CBG).
Mr Bretuoba Asafo Akowuah, Sefwi- Asawinso branch Manager of the CBG bank who conf…
Vice President Dr Mahamudu Bawumia has cut the sod for the construction of a GHc35 million watermelon processing factory in Walewale in the North East Region, under the "One-District, One-Factory" initiative.
The factory, upon completio…
Madagascar: African Development Bank Approves Guarantee of $100 Million to Hydro-Power Project, to Benefit Over 2 Million People
Upon completion, the project will generate 1,570 GWh of renewable power annually
The Board of Directors …
Market Summary
A strong performance by financial stocks sent the benchmark index climbing 5.45 points (0.24%) to close at 2,238.62 with a year-to-date return of -12.97% while market capitalization inched 0.10% up to settle at GH¢56.57…
African Ancestry.com Launches DNA-Established Birthright Journeys for African Americans in Six African Countries
AfricanAncestry.com, the US-based pioneers of genetics ancestry tracing for people of African descent, will kick-off it…
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