Revenues made by Manchester United have hit a record as the football club earned more money from TV rights.
The club reported revenues of £590m in the year to the end of June, up 1.5% on the prior year, and forecast they would top £600m…
The country’s debt to Gross Domestic Product (GPD) has decreased from 67.4 per cent in July 2017 to 65.9 per cent as of the end of July this year.
This is a result of the expansion in the economy during the year under review.
…
Itel has launched its latest selfie series smart phones known as itel S13 and S33 across the African market.
The two new iconic smart phones are manufactured to build up on the itel selfie series legacy which delivers quality, valuable …
A senior Chinese official said on Tuesday it is difficult to proceed with trade talks with the United States while Washington is putting “a knife to China’s neck”, a day after both sides heaped fresh tariffs on each other’s goods.
When …
Marriott International’s Newly Unified Loyalty Programs Celebrate with the First Ever Promotion Rewarding Members with Bonus Points Across All 29 Brands
Under the recently unified loyalty programs, Marriott Rewards, The Ritz-Carlton Rew…
Discussions will center on the impact of the 4th industrial revolution on work and employment
The Africa Internship Academy presents its inaugural Future of Work in Africa (AfricaInternshipAcademy.com/future-of-work-in-africa) Event, on…
Weekly Highlights
Producer Price Inflation rose to 8.2 percent in July
Interest rates on 2-year note significantly raised by 200 bps.
GSE tumbled on profit taking activities.
Cedi worsened depreciation versus the 3-major t…
The bidding round continues to highlight the importance of the Oil Week and the fact that it continues to drive new business opportunities for exploration companies in Africa
OMNIS, in partnership with Africa Oil Week (Africa-OilWeek.co…
A no-deal Brexit could cause disruption to air travel between the UK and European Union countries, the government warned on Monday.
This worst-case scenario is set out in the latest batch of documents outlining what what would happen to…
The Bank of Ghana (BoG) has approved a loan write-off of GH¢1.2 billion to reduce the non-performing loans (NPLs) that are choking the banking industry.
This is part of efforts to sanitise the banking sector and restore investor confide…
Dangote Cement has appointed Mr Brice Houeto as its new Country Director effective September 1, 2018.
He replaces Tor Nygard who has retired after two and half years of managing the business.
Mr Houeto told the Daily Graphic that he …
Mr Stephen Oduro-Kwarteng, Ashanti Regional Director of the Lands Commission, has called for harmonization of the country’s land laws to ease the process of land title registration.
Reforms to bring all the fragmented laws together woul…
Cashew farmers in the Techiman North District of Brong-Ahafo Region at the weekend, expressed worry over recurring bushfire outbreaks in the area, which is causing great havoc to their economic activities.
According to members of the K…
Sweden's Prime Minister Stefan Lofven will have to stand down after losing the support of parliament.
The anti-immigration Sweden Democrats (SD) backed the vote to remove him, weeks after a general election that delivered a hung parliam…
France's biggest supermarket group, Carrefour has denied approaching rival Casino over a possible tie-up.
That is despite Casino saying that its board had unanimously decided to reject a Carrefour approach.
However, Carrefour is adam…
CDH Balanced Fund has recorded a 100 per cent return on investment to shareholders of the fund over a three-year period.
The fund, which started at a share price of 0.10 pesewas per share three years ago, closed 2017 at 0.21 pesewas per…
Canada's Barrick Gold is buying Randgold Resources, creating the world's biggest gold miner with a value of about $18bn (£14bn).
The firms own some of the world's most valuable gold fields, producing more than 6.6 million ounces of gold…
The Bank of Ghana is set to issue a draft “External Auditors Directive” to help improve the effectiveness of audits in the country and forestall future challenges.
Mr Donatus Freitas, the Chief Manager of the Banking Supervision Departm…
Dr Bediako Asare, the Regional Director of the Chartered Institute of Leadership and Governance (CILG-Ghana Chapter) has called on the Bank of Ghana to reduce the minimum capital for indigenous banks to GHc250,000 instead of the GHc400,000…
Ghana’s trade in goods and services with India reached US$3.4billion in 2017, according to the International Trade Centre (ITC).
The figure represents an export value of US$2.76 billion and imports totalling US$638.3 million.
…
Livestock farmers are being encouraged to consider the production of alternative sources of feed for their livestock.
This has become necessary due to the high cost of feed in the country.
Studies by three PhD students under …
Mr. Yaw Osafo-Maafo, the Senior Minister, has said the drive to move the country beyond aid does not mean Ghana would be refusing to accept development aid.
The government would rather make sure that donor support tied in with developm…
Professor Dzodzi Tsikata, the Director of the Institute of African Studies, University of Ghana, has called for a change in the country’s economic and social protection policies, which relied on the export of primary agricultural commoditi…
Ghana’s agenda to integrate nuclear power into its power generation mix is progressing steadily with the Ministry of Energy setting a target to fully activate the second phase of the project by the end of the first quarter of next year.
…
Ghana’s Digital Terrestrial Platform (DTT) infrastructure will be managed as a commercial entity, the Ministry of Communications has announced.
It will be incorporated as the Central Digital Transmission Company Limited (CDTCL) and gove…
The Bank of Ghana (BoG) cannot absolve itself from the recent ‘catastrophe’ that has rocked the banking industry, leading to the collapse of a number of financial institutions, the Asantehene, Otumfuo Osei Tutu II, has stated.
He said e…
The management of Akosombo Textiles Limited has assured its clients, customers, suppliers and the general public that it is still in operation and has not laid off workers, as widely reported in the media.
The company has asked its stak…
Effective November 1, 2018, a new customs bonded warehousing regime will become operational in the country, during which some goods cannot be warehoused, the Ghana Revenue Authority (GRA) has said.
The items that cannot be warehoused un…
The Asikuma-Odoben-Brakwa (AOB) District directorate of the Business Advisory Center (BAC) of the National Board and Small Scale Industries (NBSSI) has organized a day’s workshop for 68 micro, small and medium Scale Enterprises.
They we…
The Management of MTN Ghana Limited, a mobile telecommunication company, has expressed confidence in the government’s National Identification Card (NIC) initiative as it would enhance accurate information and authenticate data gathering.
…
The Commissioner-General for the Ghana Revenue Authority, Mr Emmanuel Nti has said that the GRA will from 1st October, 2018, embark on the second phase of a nation wide full enforcement and compliance of the Excise Tax Stamp in accordance …
Mr Sam Koranteng, Corporate Services Executive of Mobile Telecommunications Network (MTN) Ghana, has said the company was bent on giving its customers the latest products the connected world craved and would aid the quest for a digital epo…
Ford employs body tracking technology on the assembly line just as sport stars perfect technique and replicate signature moves for video games
• Ford Valencia Engine Assembly Plant workers wear special suit with sensors that help…
Fishermen and fish mongers at the Albert Bosomtwi Fishing harbour in Sekondi are losing out on the bumper season as there is no ready market or enough cold storage facilities.
The situation has compelled them to dispose some of their ca…
Dr Osman Tahidu Damba, a Lecturer, at the Faculty of Agribusiness and Communication Sciences, University for Development Studies (UDS), has said Ghana is one of the emerging economies in Sub-Saharan Africa due to its continuous economic pe…
China has accused the US of trade bullying after a new round of US tariffs on Chinese goods kicked in.
The US imposed tariffs on a further $200bn ($152bn) worth of Chinese products, the largest round yet in the escalating trade war betw…
The Controller and Accountant General, Mr Eugene Asante Ofosuhene, has called on treasury officers of state-owned enterprises to step up their efforts in mobilising more revenue to help the government achieve its development agenda.
He …
The Guinness Ghana Breweries Limited (GGBL) has introduced one of the world’s popular blended Scotch whiskies, Black and White, onto the Ghanaian market.
According to the company, the new drink is in line with its commitment to delight …
Kobina Hughes, a lawyer and blockchain enthusiast has appealed to the government to set up an advisory committee that will make recommendations about using blockchain technology to boost development.
According to him, when employed effe…
The country’s Balance of Payment (BOP) has strengthened consistently over the last eight months aided by oil exports, strong forex reserves and the issuance of Eurobonds by the government.
The BOP statistics, which is the record of all…
The Minister of Trade and Industry, Mr Alan Kyerematen, has urged the private sector not to only generate ideas but also contribute its quota financially to complement the support from government.
He said the government was keen on supp…
The Producer Price Inflation (PPI) rate for August this year has decreased to seven per cent.
This represents a 1.2 percentage point decrease relative to the rate of 8.2 per cent recorded in July of the same year under review.
…
Appointment of Industry Veteran Reinforces Company's Commitment to Partnerships, International Expansion
Flashpoint, the global leader in Business Risk Intelligence (BRI), today announced that industry veteran Roy Pickard has joined the…
The training will also address the needs and perspectives of women and men in policymaking and the United Nations Framework Convention on Climate Change processes, adopted on 9 May 1992
African Development Bank Convenes Climate Change S…
Italian sports carmaker Ferrari has said it will launch 15 new models by 2022, as it embarks on a new five-year strategy under a new boss.
The company also intends to launch its first SUV, Purosangue, at the end of the five-year period.…
The Director of the Animal Research Institute under the Council for Scientific and Industrial Research (CSIR-ARI), Prof. Emmanuel K. Adu, has decried the importation of meat products into Ghana arguing that the phenomenon is crippling the …
THE Ghana Trade and Livelihoods Coalition (GTLC) is advocating an agricultural cooperative system that will help target smallholder farmers appropriately with interventions aimed at improving productivity in the sector.
It said that coo…
The Industrial and Commercial Workers Union (ICU) has hailed Ghana’s sovereign credit rating from B- to B by Standard $ Poor’s (S$P).
Mr. Solomon Kotei, ICU’s Secretary General, said “to us the government is doing well at the macro leve…
Cocoa farmers in the country have been urged to embrace the mass cocoa spraying exercise introduced by government.In an exclusive interview shortly after a farmers’ meeting at Nsawam in the Eastern Region on Wednesday, Nana Kumi Abiesi, Ns…
Integrity in Development Projects: African Development Bank Debars GEO SCIENCES for 48 Months for Fraudulent Practices
The Office of Integrity and Anti-Corruption of the African Development Bank found the company to have engaged in nume…