Statement on behalf of all 54 member countries of the Commonwealth calls for action to support more vulnerable nations on improved access to financing and debt sustainability
Commonwealth Finance Ministers have today issued their first …
U.S. President Donald Trump said late on Tuesday Congress should quickly extend $25 billion in new payroll assistance to U.S. passenger airlines furloughing thousands of workers as air travel remains down sharply amid the coronavirus pande…
New York-based Delta Children, which makes cribs in China for retailers such as Walmart, briefly studied moving production to the United States as supply shortages caused by the COVID-19 pandemic added to its hefty bill from U.S. import ta…
AXIS Pensions Trust Limited has rolled out an educative programme on personal finances to help sensitise the public to the rudiments of proper financial management.
Dubbed ‘Axis Smart Monet Talk,’ the programme features a discussion…
Mr Kenneth K. Thompson, Chief Executive Officer of Dalex Finance on Tuesday noted that control of the financial sector by indigenous companies is a matter of National Security.
“There are certain risks, a foreign financial institution w…
The management of Ghana Community Network Service Limited (GCNet) has filed a motion at the Accra High Labour Court, challenging the enforcement of an arbitration award over the terms of a redundancy compensation payment to its workers.
…
Tropo Farms Limited, a leading Tilapia Farm in Africa, has opened a new sales depot in Takoradi in the Western Region to boost fishery business and create employment opportunities for Ghanaian youth.
The company trades on the brand name…
Tullow Ghana Limited (TGL), operator of the Jubilee and Tweneboa, Enyenra and Ntomme (TEN) fields, has announced a significant milestone of 300 million barrels of oil production from the Jubilee field.
A statement issued by Tullow Ghana…
Supermarket giant Tesco has seen first-half profits rise by more than a quarter as customers bought more food during the pandemic and online orders doubled.
Pre-tax profit for the 26 weeks to 29 August was £551m, 28.7% up on 2019.
It…
Business for Peace Foundation has announced the launch of their Future of Business programme, a new global impact-driven event series focused on accelerating development towards the UN Sustainable Development Goals (SDGs) through investmen…
Governments around the world are boosting their healthcare infrastructure?—?both in response to COVID-19 and to make sure they can weather any outbreaks to come
Investment opportunities in Africa are changing rapidly because of COVID-19…
Huawei has long been committed to working with partners to build more user-friendly and automated branches for banks, providing high-tech experiences for customers
By Huawei industry experts
The Coronavirus has accelerated the need f…
Creating and Growing an Emergency Fund (Part 2).
Managing an emergency fund requires great discipline. Before setting up an emergency fund, there is the need to set goals on how and when the fund shall be used. The fund must only be used …
The Ghana Shippers’ Authority (GSA) has organised a forum for exporters and shipping service providers operating at the Kotoka International Airport (KIA) in Accra.
On the theme, “The Utilisation of Appropriate Logistics for safe and se…
Government's cocoa farm rehabilitation programme would increase the production of cocoa from 800,000 tonnes per annum to an estimated 1.5 million tonnes in the years ahead, Mr Yaw Buaben Asamoah, Director of Communication, New Patriotic Pa…
Solidaridad, an international Civil society, is partnering the Ghana COCOBOD to introduce farm service support to cocoa farmers in a bid to boost output of the sector now facing challenges of pests and diseases.
Operating under the Coco…
Mrs Gertrude Ohene-Asienim, Chairperson of the West African Branch of the Institute of Chartered Shipbrokers (ICS), has encouraged shippers to use the right International Commercial Terms (Incoterms 2020) in their trade transactions.
Th…
The Apex Bank of the Association of Rural Banks (ARB) has earned the International Organisation for Standardisation (ISO) 27001; 2013 Certification.
Mr Kojo Mattah, Managing Director of ARB, said the Bank was awarded the coveted certifi…
Mr Kenneth K. Thompson, Chief Executive Officer of Dalex Finance, on Monday asserted that Small and Medium Enterprises (SMEs) are the backbone of the Ghanaian economy, representing about 85 per cent of businesses largely within the private…
Introducing new XF: Enhanced exterior design, all-new beautifully crafted interiors, advanced connectivity and efficient engines
New exterior: New front bumper, all-LED headlights, new grille and new rear bumper deliver a more ass…
Mr Kojo Mattah, Managing Director of the Apex Bank of the Association of Rural Banks (ARB) has said despite the growth of rural banking through a rigorous sector clean-up, and an unexpected pandemic, business in the sector still picked up.…
United Bank for Africa, America (UBA America) has partnered other banks to arrange US$1.3bn syndicated loan to purchase cocoa beans by the Ghana Cocoa Board (COCOBOD) in the 2020/2021 crop season.
According to a statement from COCOBOD,…
To empower customers to conduct personalized online transactions from any location, Fidelity Bank Ghana Limited has introduced Kukua, its WhatsApp Banking Assistant.
The 24-hour WhatsApp Banking Assistant, fully conversant with the bank…
The government has decided to suspend the launch of the Initial Public Offer (IPO) of the Agyapa Royalties deal on the London Stock Exchange (LSE).
The Ministry of Finance has said it does not intend to proceed with the IPO ahead of the…
Ghana International Bank plc has announced the appointment of Baafuor Ohene Abankwa as Head of Client Coverage for its Africa Business.
He will be responsible for managing the African Coverage Team and is tasked with leading the growth …
Weekly Highlights
• Ghana’s economy contracted in 2nd quarter of 2020
• Business and Consumer sentiment on recovery mode
• Yield on 2-year note upped by 25 basis points, now at 18.50 percent.
• GSE ended the first trading week in t…
AGCS report: traditional property and liability claims have been subdued during lockdowns but this was more than outweighed by a surge in Covid-19 related claims notifications, particularly from the entertainment industry.
Impact of the…
In line with its commitment to continually reward and engage its customers, Vodafone Ghana is once again celebrating Customer Experience Week with a host of exciting activities and initiatives.
Commencing the week-long celebration, Vod…
Afrikhaliss: Suguba announces the names of the best technology startups in Francophone West Africa for this edition
Suguba (Suguba.org) in partnership with Mercy Corps and the French Development Agency (AFD) is organizing its second inv…
Benso Oil (-0.47) inched the benchmark index lower by 0.03 points, closing at 1,845.63 with a -18.23% year-to-date return while the market capitalization stayed at GH¢53.05 billion.
The GSE Financial Index recorded no gains or losses,…
Traditional banks need to quickly build a new digital core based on open and distributed technologies
In the banking industry, the stable running of IT systems is imperative. This is what drove the industry to begin IT construction rela…
Ford is continuing to streamline and transform its global business, making changes in how the company is organized and operates to deliver executional excellence that benefits customers and delivers sustained profitable growth.
Jim Farl…
New UK car registrations fell 4.4% in September from a year earlier, according to the motor industry.
That made it the worst September this century in what is normally the industry's second most important month.
There were just 328,0…
The Japanese founder of popular fashion brand Kenzo has died aged 81, from complications linked to coronavirus.
Tributes have poured in from all across the world for Kenzo Takada who died at the American Hospital in Paris.
Known for …
Dr Kwabena Adjei, the Chairman of the Kasapreko Group, has called on government to intensify its support to the private sector as it is key to boosting the economy and promoting national development.
He said the private sector could onl…
Singapore's Changi Airport has warned of a "daunting period" ahead as the impact from the Covid-19 pandemic shows no signs of abating.
The Asian transit hub has been voted world's best airport for the eighth consecutive year.
Changi …
The President of Civil and Local Government Staff Association, Ghana(CLOGSAG), Dr Evans Dzikum, has asked workers to make a deliberate effort to invest part of their earnings in the voluntary Tier 3 pension scheme administered by private e…
SA Innovation Summit 2020: Trailblazers of female entrepreneurship share what it takes to make it in business
Africa's largest start-up event - attendees gathered for the first time online for the launch of the Female Founder Takeover; …
Market Summary
The benchmark index advanced by 11.19 points (+0.61%) on the back of three financials to close the week at 1,845.66 with a -18.23% year-to-date return while the market capitalization increased by 0.22% to close at GH¢53.05…
The National Board for Small Scale Industries (NBSSI) has facilitated the creation of some 21,892 new jobs in the last three and half years.
It has also facilitated access to GH38.53 million as credit facility between January 2017 and M…
As part of efforts to provide sustainable economic opportunities to help boost income levels of women in its host communities, AngloGold Ashanti (Iduapriem) Limited has commenced construction of a soap production factory in New Tokunaso in…
The Ministry of Energy (MoE) in conjunction with the Land Use and Spatial Planning Authority (LUSPA) has launched the preparation of spatial plans for the Ghana Petroleum-Hub project at Beyin in the Jomoro Municipality.
The project, whi…
Summary
* Ericsson acquires the market-leader for Wireless Edge WAN solutions for an enterprise value of USD 1.1 billion
* Acquisition complements Ericsson’s enterprise offerings and creates valuable new revenue streams for customers
* …
Eighty budding entrepreneurs have been shortlisted in the second edition of the McDan Entrepreneurship Challenge, a programme designed to groom entrepreneurs.
The number was winnowed out of over 14, 000 applicants nationwide.
The 80 …
Ethiopian Airlines Group says it will cover the medical insurance including repatriation, evacuation and quarantine costs related to COVID-19 of all passengers effective October 1, 2020 to March 31, 2021.
A statement issued in Accra by …
• Powered by Ericsson IoT Accelerator, Telenor Connexion provides global connectivity to Wayout's sustainable micro-factories
• Telenor Connexion to delivers cellular IoT connectivity management services, SIM cards and agreements with …
MTN Ghana to host 29th business breakfast series on scaling innovation and e-commerce for retail businesses in Ghana
MTN, Ghana’s leading Telecommunications Company is set to host the 29th edition of MTN Business World Executive Brea…
The Ghana Cocoa Board (COCOBOD) has announced that the purchase of the 2020/2021 main crop season will commence on Friday, October 2, 2020.
The producer price to be paid at all buying centres is GH¢316.80 per load of 30 kilogramme of Gr…
Malaysia Aviation Group, the holding company for Malaysia Airlines Bhd, said in a letter to lessors the group is unlikely to be able to make payments owed after November unless it receives more funding from state fund Khazanah.
The lett…
Mr Sun Qiang, a Chinese Entrepreneur at Aframagya has disclosed of plans to establish a US$10 million ethanol factory at Asenyansu to help create employment for the youth.
The factory, which is under construction was expected to be comp…
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