The International Monetary Fund (IMF) says Ghana’s economic growth prospects are positive, while its macroeconomic stabilisation is on course.
According to the Bretton Woods institution, the government’s commitment to achieve end-year f…
China has ended a two-decades-long ban on imports of beef from the UK, first introduced after the outbreak of BSE - or "mad cow disease" - in the 1990s.
The government said the development will be worth £250m to British producers over t…
Britain's biggest pub group says some outlets are running out of certain beer brands as CO2 gas shortages continue to hit the food and drink sectors.
Ei Group, which has 4,500 properties, said it was working with publicans to source alt…
The Chief Executive Officer of Ghana Interbank Payment and Settlement Systems (GhIPSS), Mr Archie Hesse, has said the Instant Pay and the e-bills pay are two important electronic payment services that are as handy as cash but even safer.
…
The Associations of Small Scale Industries, Ghana on the International Day for Micro and Small Businesses, joins its hundreds of thousands of members to request more practical steps from Government to grow the sector.
It is not in …
Fujifilm Holdings Corp (4901.T) on Wednesday threatened to compete against Xerox Corp (XRX.N) in Asia-Pacific and challenge it in America and Europe if it failed to renew its technology agreement in 2021.
Xerox had said on Monday it wou…
Cheerios cereal maker General Mills Inc (GIS.N) on Wednesday reported a quarterly profit that topped analysts’ estimates, as its efforts to reduce costs and improve distribution network paid off.
Gross margins of the company, which is a…
Realizing the need for active community participation in delivering on its social responsibility obligations, Newmont Golden Ridge Limited and its surrounding communities, in 2014, formed the Akyem Social Responsibility Forum (SRF) to regu…
Ghana can drive financial inclusion further up if it takes advantage of opportunities to digitise payments in various sectors including government, agriculture, utilities, investments, insurance and savings, among others.
Digital techno…
MTN/Business World Sets the Forum to Discuss Block Chain Technology in the Financial Services sector.
MTN Ghana and Business World will host corporate leaders within the technology and financial sectors of Ghana’s economy at the 23…
Dr Owusu Afriyie-Akoto, Minister of Food and Agriculture has disclosed that Ghana spends almost over a billion dollars to import rice into the country annually since 2015.
“This is an understatement because these figures are only coming…
The Minister for Food and Agriculture (MoFA), Mr Owusu Afriyie-Akoto, has hinted that government will from next year, roll out a programme titled ‘Rearing for Food and Jobs’ to facilitate growth in the livestock industry.
He said the go…
The World Bank has provided an additional funding of $50,000 to the Ghana Commercial Agriculture Project (GCAP), to facilitate its projects, especially the rehabilitation of the irrigation scheme, across the country.
The Project funded …
President of the General Assembly of the ECOWAS Federation of Chambers of Mines (EEDCOM), Mr. Kwame Addo-Kufuor, has expressed his disquiet about the eroding trust between government and mining companies.
He said the unwarranted mistrus…
Ghana’s favourite stout, Guinness Foreign Extra Stout (FES) has been awarded the Beer of the Year and Product of the Year awards at the 2018 Ghana Beverage Awards for its GH@60 campaign.
To celebrate Ghana’s 60 years of independenc…
The Bank of England says the UK has made positive "progress" on handling financial services risks around the UK's departure from the European Union.
But it also says there has been a lack of similar action from the EU.
It says that m…
U.S consumer confidence ebbed in June, with households a bit pessimistic about their short-term income prospects, suggesting that an apparent acceleration in economic growth in the second quarter was unlikely to be sustained.
Economists…
Zenith Bank and Prudential Life Insurance have entered into a long-term partnership and subsequently launched four innovative bancassurance solutions to protect Ghanaians.
The products Zenith Life, Education, Farewell and Hospital Cash …
The West Africa Centre for Crop Improvement (WACCI) of the University of Ghana (UG) – African Union (WACCI-AU) One Million Dollar Project for research on food and nutrition security has been launched in Accra.
The three-year project, wh…
A team from the International Monetary Fund (IMF), led by Annalisa Fedelino, visited Accra from June 20-26, 2018, to discuss recent economic developments and the outlook for the remainder of the year, and take stock of performance to date …
BMW has told the BBC the cost of any new customs arrangements after Brexit would push up the price of its cars.
Ian Robertson, BMW's UK special representative, said new border systems and warehousing would add to the cost of making cars…
Professor Eric Danquah, Founding Director, West Africa Centre for Crop Improvement (WACCI), University of Ghana, has urged the government to scale-up agricultural research investment; to increase productivity and to ensure food security fo…
The African Development Bank (AfDB) has urged African countries to strengthen the independence of their electricity regulatory bodies, as the continent aims to attract investment to provide power to over 600 million people that lack access…
Development of Kenya's aquaculture sector could reduce rural poverty and tackle chronic malnutrition and food insecurity
More than 35,000 rural households in Kenya will soon be eating better and earning more money thanks to a new financ…
Participants at the launch of this year’s annual report on the Management of Petroleum Revenue have questioned the wrongful transfer of US$13,518, 852.98 into the Ghana Revenue Authority’s account instead of the Petroleum Holding Fund (PHF…
U.S. auto sales in June likely rose 2.5 percent from the same month in 2017 as consumers continued to prefer expensive pickup trucks, SUVs and crossovers over passenger cars although discounts on new vehicles remain high, industry consulta…
Stakeholders in Migration and Labour have underscored the need for accurate and reliable data in the West African sub-region, in order to formulate better interventions to help member states harness the benefits of labour migration.
Mr …
Blackstone (BX.N) has launched a $5.5 billion bridge loan to support the pending bond issuance for its acquisition of a majority stake in Thomson Reuters’ (TRI.TO) Financial and Risk division (F&R), which is expected to complete later this…
The Youth for Africa and SDGs (YAS!) Portal-Platform was created to support the development and growth of youth entrepreneurship on the continent by providing four pillars of support categorized as Learning, Ecosystem Mapping, Challenges a…
The Ghana Police Service (GPS) has developed a work plan to improve both internal and external communication to enrich its strategy and resolve communication issues as part of an on-going transformation agenda.
The Ghana Police Transfor…
About four million coffee seedlings have been raised and distributed to farmers across the country.
Further to this, nine million cashew seedlings are ready and undergoing grafting to be supplied to Ghanaian farmers.
Deputy Mini…
The prestigious Generation Next Survey is an industry benchmark for brands in South Africa
In an announcement highlighting the brand’s appeal in the South African market, Marriott International (NASDAQ: MAR) (Marriott.com) today announc…
Mr Yaw Osafo-Maafo, the Senior Minister, has expressed worry about undue delays by some public officials in processing project documents and payment of projects executed by contractors.
He said delays cost the nation huge sums of money …
The Ministry of Fisheries and Aquaculture Development (MOFAD) will in August this year commence a month-long closed season on fishing activities in the country.
The closure would take place in the Central, Western, Volta and Greater Acc…
MTN has received complaints from some of its Mobile Money customers who allegedly contributed to a ponzi scheme operated by Savanna Brokerage Investment and are demanding for reversal of their respective amounts invested.
MTN uncovered …
Investors continued to sell their holdings in Ghanaian equities as the Cedi depreciates. In effect, the benchmark index extended losses into yet another week, losing 2.4 per cent on a week-on-week basis to close at 2,918.3 points.
This…
Hong Kong is back in top spot as the most expensive city to live in the world as an expat, according to research.
The city of skyscrapers had dropped to second place last year behind Luanda, the capital of Angola.
But it now heads th…
Ghana on the average loses US$1.4 billion annually in the natural resources sector to illicit financial flows (IFFS), a report has indicated.
The report indicated that over a 10-year period, from 2002 to 2011, cumulative gross illicit f…
In spite of earlier attempts to consolidate the National Investment Bank (NIB) and the Agricultural Development Bank (ADB) into a proposed national development bank, the GRAPHIC BUSINESS has learnt that the government plans to raise GH¢400…
Ms Mitwa Kaemba Ng’ambi assumes the role of Chief Executive Officer for AirtelTigo starting today, June 25th, 2018.
On her first day at work, Ms Ng’ambi addressed staff during a town hall meeting at the company’s headquarters.
“Colle…
Facebook(NASDAQ: FB) has faced a lot of backlash this year from both users and advertisers over its lapses in data protection. And that backlash is wholly justified, following the revelation of management's mishandling of data shared with …
When it comes to starting a company, one of the hardest challenges founders face is convincing other people to get behind their idea. If you're a product-focused founder like I was, the challenge can be especially acute. You've identified …
Asili Coffee, a carefully selected and roasted to the highest specialty standard coffee, has been introduced onto the Ghanaian market. Licensed by COCOBOD, the new coffee brand is ethically sourced from the best African farms with most out…
Ghana has been hailed for its consistency in improving its economic indicators to attract more foreign investment.
The Director of International Banking of Africa, Mediterranean Basin and Overseas (AFMO) of the Societe Generale Group, A…
The first ever African Pagne trade fair in Congo will take place from 29 to 30 June 2018 at the Radisson Blu in Brazzaville (Republic of Congo), under the theme 'Undertaking with the pagne'
Whether Kita, Kinté, Senoufou, Bogolan, Baoulé…
Two MultiChoice Ghana dealers are set to join millions of FIFA World Cup fans in Kiev, Russia after winning the Special 2017 Multichoice Annual Trade Sales promotion. The two dealerships, Cadmus Electronics, in Osu, Accra with fourteen bra…
Officials of the newly-inaugurated maize processing factory at Tumu expect to invest an additional $5 million by next year to increase operational capacity and employment opportunities for the youth.
Managing Director of Kedan Limited, …
Health Secretary Jeremy Hunt has said that "threats" by business over Brexit are "completely inappropriate".
He was responding to warnings by Airbus and BMW that investments in the UK could be jeopardised by Brexit uncertainty.
Speak…
The Veteran Administration of Ghana (VAG) has ceded its power to conduct and regulate VAG lottery to the National Lottery Authority (NLA).
The move has made the NLA the sole regulator of lottery activities in the country.
In a co…
The Ghana Shippers’ Authority (GSA) is organizing a six week French language course for freight forwarders as part of efforts to address their linguistic challenges as Ghana firms her maritime and transit trade hub status.
Thirty freigh…