China’s Ant Group has received approval from the Shanghai Stock Exchange for a domestic initial public offering, the bourse said on Friday, bringing the financial technology firm closer to a dual-listing expected to be worth up to $30 bill…
Tropo Farms Limited, dealer in tilapia, has opened a new branch in Takoradi to serve customers in the Western, Western North, and Central regions as well as Cote D’Ivoire.
Tropo Farms is a leading supplier of tilapia in the country, tra…
The Africa World Airlines (AWA) is exploring the feasibility of extending its routes to Ho to boost connections from other parts of the country to the regional capital.
Captain Kwasi Oteng, Chief Safety Officer, who led a Team to Ho to…
Ghana Chamber of Graduate Entrepreneurs, an association to help graduates to set up their own businesses instead of searching for non-existent white-collar jobs, has been inaugurated in Accra.
Among other objectives, the organisation wi…
British retail sales have continued to increase for the fourth consecutive month, boosted by spending on household goods and DIY, according to official figures.
The Office for National Statistics (ONS) said retail sales volumes rose by …
The Ghana Shippers Authority (GSA) has organised a seminar for media practitioners in Accra as part of efforts to enhance the capacity of journalists to effectively report on the maritime industry.
The seminar, organised in collaboratio…
Lineage Logistics Raises $1.6 Billion in New Equity to Drive Business Growth and Support Further Investment in Technology and Automation
~ Company to use funds to pursue additional new acquisitions and organic expansions to provide adde…
Barely two weeks after the opening of the Kotoka International Airport (KIA) to commercial flights, hotels in Accra are yet to experience an upsurge in patronage.
The Daily Graphic's enquiries at some of the hotels and guest houses in t…
The Bank of England has warned that the rising rate of coronavirus infections and a lack of clarity over the UK's future trade relationship with the EU could threaten the economic recovery.
It said much of output lost during lockdown ha…
The Tax Justice Coalition (TJC) Ghana, a Network of tax practitioners and Civil Society Organizations (CSOs), has called on the public to join the campaign against injustices in the country's tax system.
It said the campaign would influ…
Stock Market Highlights
Gains in CalBank Limited (+2.94%), MTN Ghana (+1.69%) and Societe Generale Ghana (+1.59%) pushed the benchmark index up by 0.74% to close at 1,841.38 with a -18.42% year-to-date return. Market capitalization increa…
Airline to offer daily nonstop service to New York
Delta Air Lines [NYSE: DAL] is resuming operations from Accra to New York JFK. Effective September 25, the airline will operate daily nonstop service for the very first time between the…
Infinix, a global leader in consumer electronics market, has launched the ZERO 8 in the Kenyan market. ZERO 8 is the company’s flagship series for 2020/21. Though targeting the high-end market, Zero 8 will retail at a relatively affordable…
Sola Yomi-Ajayi, the CEO of the United Bank for Africa(UBA)’s operations in the United States, has been appointed to the Export-Import Bank of the United States (US EXIM) Committee on Sub-Saharan Africa for 2020/2021. Established by the U…
Coronavirus: European Investment Bank (EIB) approves € 12.6 billion financing for transport, clean energy, urban development and COVID-19 resilience
Also backed investment in agriculture, water, housing, telecommunications and urban dev…
Ecobank, in partnership with the Registrar General, has sensitized businesses on the Companies Re-registration Directive by the Registrar General’s Department to drive compliance. The event, which was held virtually on Wednesday, September…
Olam urges international brands to adopt new rice eco-label to allow consumers to support farmers and promote sustainable rice production
Olam International is calling for retailers and food brands to back the new “Sustainable Rice Plat…
A gain in Societe Generale (+1.59%) kept the benchmark index in positive territory, closing the session 0.68 points (+0.04%) higher at 1,841.38 with a -18.42% year-to-date return. The market capitalization inched up by 0.01% to close at GH…
The National Insurance Commission (NIC) has advised the insuring public to verify the authenticity of any insurance entity before conducting business with them.
The caution comes after the Commission in collaboration with the police arr…
The Ghana Cocoa Board (COCOBOD) has announced that the 2020 Cocoa light crop season would end at the close of business on Thursday, September 17.
The statement, signed by Joseph Boahen Aidoo, the Chief Executive Officer of COCOBOD, said…
Emirates has introduced an exciting new deal that will help international students to see more of their family, and more of the world during the year.
Whether it is to travel between home and school, or to see more of the world with fri…
Emirates' African network will expand to 15 destinations with the restart of Luanda, Angola from 1 October.
Emirates’ African network will expand to 15 destinations with the restart of Luanda, Angola from 1 October. The airline continue…
Africa’s climate change fight gets a boost as Global Center on Adaptation sets up regional home at the African Development Bank
Hosted by the African Development Bank at its headquarters in the Ivorian commercial capital, Abidjan, GCA A…
The market was upbeat today as the benchmark index advanced by 24.93 points (+1.37%) on the back of three banking, consumer product and telecom counters to close the session at 1,840.70 with a -18.45% year-to-date return. The market capit…
Staff working from home for fashion retailer Next have been "stultified" by boring online presentations and missed out on office camaraderie, the company said.
Next said that overall, the impact of the pandemic on business had been "exp…
The Deputy Minister of Trade and Industry, Robert Ahomka Lindsey has launched the Nkosuo program, a partnership between the National Board for Small Scale Industries (NBSSI) and the Mastercard Foundation COVID-19 Recovery and Resilience Pr…
Mr Yussiff Zimbe Badia, the Assembly Member for the Sigri Electoral Area in the Wa West District, has appealed to the government and Non-governmental Organisations to help provide farmers with a tractor for ploughing purposes.
He said t…
The National Democratic Congress (NDC), Ghana’s largest opposition party, has rallied tomato farmers to vote massively for the party in the December elections since it had the panacea to transform the industry for the better.
Tomato gro…
Mr Dela Gadzanku, the Volta/Eastern Chair of the Association of Ghana Industries (AGI), has said the interest of the youth in entrepreneurial opportunities remained weak despite government and stakeholder efforts.
He said the AGI would …
Ghana's largest opposition party, the National Democratic Congress (NDC), has promised to step up infrastructural development at Suame Magazine, a renowned metal fabrication enclave, when given the mandate in the December general election.…
The Ghana Institute of Freight Forwarders (GIFF), has urged government to review aspects of the current law pertaining to fees charged at the ports as a result of delays in the clearance of goods to reduce cost.
Mr Edward Tetteh-Owusu A…
Volkswagen and BlackIvy enter strategic collaboration to advance green growth and sustainable mobility in Ghana
* Volkswagen partners with BlackIvy in Ghana with shared commitment to Ghana made craftsmanship
* The collaboration is…
American Express Announces Plans to Expand Centurion® Lounges in Two Major U.S. Airports and Prepares to Welcome Travelers with New Health and Safety Practices
AMERICAN EXPRESS TO SIGNIFICANTLY EXPAND AND ENHANCE EXISTING CENTURION LOU…
The Minister of Employment and Labour Relations, Mr Ignatius Baffour Awuah says the year 2020 marks the commencement of decumulation or the full payment of pension benefits under the Three-Tier Pension Scheme.
At a press briefing in Acc…
New Zealand is in its deepest recession in decades, following strict measures in response to the Covid-19 pandemic which were widely praised.
The country's GDP shrank by 12.2% between April and June as the lockdown and border closures h…
Vice President Dr. Mahamudu Bawumia has inaugurated the new Western Region House of Chiefs in Takoradi.
Following the creation of the new Western North Region, the former Western Region House of Chiefs was dissolved on Tuesday September…
Ghana's economy contracted by 3.2 per cent in the second quarter of 2020, compared to the same period in 2019, according to data released by the Ghana Statistical Service (GSS).
This compares favourably with countries such as Nigeria an…
The total unemployment rate in Ghana has reduced by some 3.5 percentage points despite the devastating effects of COVID-19 on the job sector and the economy at large.
This came to the fore when the sector minister, Mr Ignatius Baffuor A…
The owner of fashion retailer Zara, Inditex, returned to quarterly profit in the three months from May to July despite a 31% fall in sales as the coronavirus crisis kept consumers away from city centre shopping districts.
Inditex, which…
Cheaper restaurant meals due to the Eat Out to Help Out scheme saw prices rise at their slowest rate in five years.
The UK's inflation rate, which tracks the prices of goods and services, fell to 0.2% in August, from 1% in July.
Low …
Ghana's quest to bounce back from the dip recorded by some Sustainable Development Goals (SDGs) as a result of the COVID 19 pandemic, can happen with the active participation of private sector.
Players in the sector according to experts…
Some dealers in electronics in Accra have attributed the increase in prices of laptops and their accessories to the closure of the country's borders.
The traders said the closure of the country's borders to contain COVID-19 created a sh…
The Chief Executive Officer (CEO) of Ghana Cocoa Board (COCOBOD), Mr Joseph Aidoo, has announced that all is set to implement the Cocoa Farmers Pension Scheme for all cocoa farmers across the country in October this year.
He said the Na…
Vice President Dr Mahamudu Bawumia has commissioned a 56.7 million dollar Liquid Bulk Terminal at the Takoradi Port to support up to 60,000 tonnes of liquid cargo.
The facility, constructed by Amandi Ghana Limited, comes with modern loa…
MTN Ghana has set itself a vision to lead the delivery of a bold, new digital world and a mission to make her customers’ lives a whole lot brighter. To this end, it is on track to become a digital operator by the end of 2023.
Among ini…
Two consumer product and telecom counters lowered the benchmark index by 12.03 points (-0.66%) to close at 1,815.77 with a -19.55% year-to-date return while the market capitalization decreased by 0.24% to settle at GH¢52.90 billion.
The…
Inspiring African women to aim high: Nestlé appoints first female factory Manager in Central and West Africa
She is the first-ever female factory manager in Nestlé Central and West Africa
Across Africa, most schools have closed due t…
The rise of green metals has been of increasing interest for the industry in the last few years
On Wednesday (September 9th), Investing in African Mining Indaba (MiningIndaba.com) hosted a highly anticipated Green Metals webinar that fe…
The Importance of Dividends to Investors.
Dividends are cash distributions that companies pay out from their earnings to shareholders. Payment of dividend sends positive signal about the financial health of the company to investors. A c…
Tata International Africa, a subsidiary of Tata International, has recorded another profitable year despite the challenging economies, shrinking markets, and a pandemic plaguing the region and the world. The group provides skills, expertis…
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