British Airways passengers have told the BBC that they have been refused cash refunds for cancelled flights.
Gordon and Margaret Minto accepted vouchers instead after their flights to the United States were cancelled, the airline says.
…
Online retail giant Amazon paid £293m in tax in the UK last year, while its sales surged 26% to £13.73bn.
The firm, which employs 33,000 people in the UK, said the taxes included business rates, corporation tax, stamp duty and other con…
Bunge Loders Croklaan (BLC), the specialty oils and fats business of Bunge Limited has officially announced the opening of its state-of-the-art shea butter processing facility in Tema, Ghana with the launch of the Where Life Grows campaign…
Ghana is in the process of developing two Genetically Modified Organisms (GMOs) varieties for rice and cowpea.
Dr. Richard Ampadu-Ameyaw, a Senior Research Scientist at the Science and Technology Policy Research Institute (STEPRI) of th…
The year-on-year inflation rate fell to 10.5 per cent in August, a 0.9 percentage points lower than 11. 4 per cent recorded in July 2020.
The monthly change rate for August 2020 is -0.4.
“Total month-on-month inflation is negative be…
A sell-off in shares of US technology firms has continued for a third day, dragging down all three major American stock indexes more than 2%.
Apple was the biggest loser on the Dow, falling more than 6.7%. Amazon and Facebook also dropp…
The Ghana Chamber of Telecommunications has disassociated itself from unsolicited political short messages (SMS) which are being sent mobile phone subscribers.
In a statement, the Chamber which represents three telecommunications operat…
A forum on the management and use of petroleum revenues has made a strong case for government to provide sustained funding by investing petroleum revenues in the health sector.
The Accountability Workstream Lead at the Ghana Oil and Gas…
A total of 76 factory projects executed over the last three years under the 'One District, One Factory' initiative has been completed and working.
Mr Kojo Oppong-Nkrumah, Minister of Information, said an additional 232 of those projects…
Mrs Jemima Oware, the Registrar-General, on Tuesday cautioned companies that the failure to disclose beneficial ownership information accurately would attract sanctions from the Department.
"A fine of 150 penalty units or two-year impri…
ZURICH/GENEVA (Reuters) - Safety of a prospective COVID-19 vaccine comes “first and foremost”, the World Health Organization’s chief scientist said on Wednesday, as a trial of a leading candidate from AstraZeneca (AZN.L) was paused due to …
Mrs Jemima Oware, the Register-General, on Tuesday said the Department is set to deploy a new Central Beneficial Ownership Register for all companies in Ghana to disclose the identities of owners to help fight corruption.
Mrs Oware to…
As part of its commitment to supporting education as a key enabler of development, telecom operator AirtelTigo is supporting this year’s National Science & Maths Quiz (NSMQ), the biggest academic competition in the country.
As a key par…
Fidelity Bank Ghana, a leading Ghanaian bank, has partnered with SWIFT, the global provider of secure financial messaging services to adopt Global Payments Innovation (gpi) service, making cross-border payments faster and easier for custom…
Floods in north-eastern Ghana have killed seven people and made many others homeless.
The country’s National Disaster Management Organisation (Nadmo) has dispatched a rescue team to assist residents of affected communities.
The flood…
HOUSTON (Reuters) - Ill-timed bets on rising demand have Exxon Mobil Corp facing a shortfall of about $48 billion through 2021, according to a Reuters tally and Wall Street estimates, a situation that will require the top U.S. oil company …
The Ministry of Finance (MoF) has directed the Ghana National Petroleum Corporation (GNPC) to expunge the US$50 million loan owed by the ministry from its books, according to the 2017 & 2018 report of the Ghana Extractive Industries Transp…
The US is to block key exports from China's Xinjiang region due to allegations that they are produced using forced labour.
The proposed bans include cotton and tomato products which are two of China's major commodity exports.
The Tru…
Guinness Ghana has launched its 60th anniversary in Accra to take stock of its contribution to the development of the beverage industry and creation of jobs in the country.
Established in 1960, the company has evolved and built its succ…
Ms Patricia Obo-Nai, the Chief Executive Officer (CEO) of Vodafone Ghana, has called for cooperation between the government and the private sector to recover the economy amid the COVID-19 pandemic.
This could be achieved by strengthenin…
About 22 artisans trained in various vocational skills in the Talensi and Nabdam districts of the Upper East Region have received start-up kits and certificates after completing a one-year training.
The young women and men were trained …
LAGOS/LONDON (Reuters) - Four months ago, Abolaji Odunjo made a fundamental change to his business selling mobile phones in a bustling street market in Lagos: He started paying his suppliers in bitcoin.
Odunjo sources handsets and acce…
China has taken aim at the US saying its tech firms are victims of "naked bullying".
The accusations come as the Chinese government launches a new set of global guidelines for technology companies.
Its new initiative outlaws illegall…
STOCKHOLM (Reuters) - Finnish telecom firm Nokia (NOKIA.HE) has suffered a setback after a source close to the matter confirmed it had lost out to Samsung Electronics (005930.KS) on a part of the contract to supply new 5G equipment to Veri…
The Regional Chief Executive Officer of United Bank for Africa (UBA) (Group) Limited has called for the conduct of rigorous background checks on workers in sensitive roles and other staff as part of measures to curb cyber-attacks on banks …
BEIJING/SYDNEY (Reuters) - Looking to travel from Beijing to Hangzhou in eastern China? A flight can be had for as low as 180 yuan ($26) - one of a slew of deals fuelling a robust recovery in Chinese passenger levels and which could provid…
LONDON (Reuters) - World shares rose slightly led by Europe on Monday after last week’s rout in U.S. tech stocks, though investors worried that any rally could be short-lived and valuations remained high against the backdrop of a global ec…
The next National Democratic Congress (NDC) government will set up a Gold Board to regulate and support the small-scale mining sector.
The service support would range from concession viability, health, safety and efficiency in mine oper…
Part of proceeds to be realised from the Agyapa Royalties Investment Ltd deal will be used to fund the GH¢100-billion Ghana CARES Obaatanpa programme to accelerate the recovery of the country’s economy from the ravaging impact of the coron…
Mr John Dramani Mahama, former President and Leader of the National Democratic Congress (NDC) for the 2020 Elections has promised to establish a training centre at the ‘Wa Magazine’(place designated to automobile craftsmen} to promote skil…
The chiefs and people of Chirano in the Western North Region have commended Zipline for its remarkable efforts in improving healthcare delivery in the area.
Zipline is an American medical product delivery company headquartered in South …
The proprietor of Clearpower Ventures, Mr Clearforce Tetteh has urged fellow young entrepreneurs to diversify their product offerings to help survive the uncertainties of the COVID-19 pandemic.
Sharing his experiences alongside other be…
TOKYO (Reuters) - Japan’s tuna market, the world’s largest, is taking an outsized hit from the coronavirus pandemic, pressuring restaurants and wholesalers at Tokyo’s sprawling Toyosu fish market to adapt to survive.
Businesses had hope…
Nestlé has appointed Mauricio Alarcon as new Chief Executive Officer of Nestlé Central and West Africa Limited, effective September 1, 2020.
Mr Alarcon has a robust and in-depth understanding of Central and West Africa.
A statement is…
Telecommunications giant MTN Ghana is at the Supreme Court seeking a review of the High Court's ruling that quashed its suit against the National Communication Authority’s (NCA) declaration of the network as a Significant Market Power (SMP…
Ms Juliet Aboagye-Wiafe, the Director of Audit at the Ghana Airports Company Limited (GACL) has been appointed as the new acting Deputy Director-General, Finance and Administration of the Ghana Civil Aviation Authority (GCAA).
Ms Aboagy…
A cross section of fashion designers in parts of Accra have expressed their hope for transformation of business after the re-opening of the Kotoka International Airport.
A visit by the Ghana News Agency (GNA) to some fashion houses in E…
Vodafone Ghana has reinforced its commitment to helping Small and Medium Scale Enterprises (SMEs) become more resilient and experience growth amid COVID-19 with the dedication of September to SMEs.
The telecom Company as part of this ye…
Scancom Plc. (MTN Ghana) on Friday 4th September filed papers at the Supreme Court seeking to review the High Court’s recent decision regarding the declaration of MTN Ghana as a Significant Market Power (SMP). This step was taken after a c…
SHANGHAI (Reuters) - China may gradually cut its holdings of U.S. Treasury bonds and notes, in light of rising tensions between Beijing and Washington, state-backed newspaper Global Times cited experts as saying.
With Sino-U.S. relation…
The Sekondi-Takoradi Chamber of Commerce and Industry (STCCI), has appointed Mr Eugene Fredua Ofori-Atta , a renowned Architect, as its new President for the next three years.
Mr Ofori-Atta replaces Mr. Ato Van-Ess, while Mr Kwaku Enni…
The Sekondi/Takoradi chapter of the Infrastructure Transparency Initiative (CoST) has introduced new MMDAs to CoST project which seeks to improve openness in the award of public contracts.
It also works to ensure benefits of improved in…
US and Asian stock markets have gone into reverse after shares in America's biggest technology firms tumbled.
Companies that have powered US markets to record highs - Apple, Amazon, Alphabet, Microsoft and Facebook - fell between 4% and…
The Advanced Information Technology Institute of the Ghana-India Kofi Annan ICT Centre of Excellence (AITI-KACE) has signed a memorandum of understanding (MoU) with the Ghana Investment Fund for Electronic Communications (GIFEC) and select…
The Ministry of Business Development, will from next year, 2021, start allocating 10 million Ghana Cedis each year, for entrepreneurial initiatives in the Zongo communities in the country.
The money which will cover a period of four yea…
Hundreds of stores have shut during the pandemic but not at Lego, which is on track to open 120 new shops this year.
The Danish toy firm told the BBC bricks-and-mortar stores had a solid future, despite the drop in footfall on high stre…
The Ghana Export Promotion Authority (GEPA) has presented personal protective equipment (PPE) to the Volta Region branch of the Association of Arts and Craftsmen, Ho.
It also presented similar items to bead makers in New Juabeng in the …
Mining of the precious metal called gold is a lucrative business with operations spread across the various continents with the exception of Antarctica (Metals Focus & World Gold Council, 2020).
In 2019, forty-three (43) countries produc…
The Ghana Standards Authority (GSA) has begun a campaign to sensitise food sellers and consumers to mechanisms to prevent aflatoxin contamination and its negative impact on human lives.
The five-day exercise, which started last Monday, …
The Bank of Ghana (BoG) is engaging the government to come out with a plan on how to reduce government's indebtedness to the central bank.
The 2017 Auditor-General's report presented to Parliament revealed that the government's debt sto…
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