China and the United States sank into a deepening trade conflict that roiled financial markets Tuesday after U.S. President Donald Trump threatened to impose tariffs on an additional $200 billion of Chinese products, prompting Beijing to a…
The government intends to introduce a fiscal receipt system to be used by VAT-registered persons for the supply of goods and services.
This fiscal receipt will be issued using a Fiscal Electronic Device (FED). The introduction of the FE…
The Vice President, Dr Mahamudu Bawumia, has announced plans by the government to improve the paperless clearance system at ports with the introduction of some sweeping reforms to help better the system.
Towards that end, he said effect…
The official meeting place for 13 African ministers of energy, and the secretaries general of OPEC, APPO and the IEF
On September 5-7, 2018, Africa Oil & Power welcomes more African ministers of petroleum and and power and VIP's …
Postal services can play a pivotal role in delivering remittances, lowering the transfer costs and providing access to basic financial services in Africa, according to a report ??released today by the International Fund for Agricultural De…
The European Union will launch a raft of retaliatory tariffs against US exports on Friday, a top official has said.
The move comes after US President Donald Trump imposed steep duties on steel and aluminium earlier this month.
Americ…
An agreement on terms has been made by the federal government and the federal member states of the National Security Council.
The agreement comes after three years of deliberation.
It will see the Ministry of Petroleum and Mineral R…
Debenhams said full-year profits will be lower than expected - the third time it has issued a profit warning this year.
The department store blamed "increased competitor discounting and weakness in key markets" for the profit shortfall.…
Alhaji Ali Muhammad Katu, General Manager of Ghana Agricultural Insurance Pool (GAIP), on Monday called on the government to take steps to urgently institute a Ghana Agriculture Insurance Policy to protect the investment of farmers and bui…
The Head of Retail Banking at Standard Chartered Bank Limited, Mr Henry Baye has said the implementation of the International Financial Reporting Standards (IFRS 9) by the Bank of Ghana (BoG) will not have any significant impact on the ope…
Innovation and entrepreneurship play an ever-increasing role in growing Africa’s emerging technology ecosystem. According to research by the GSMA Ecosystem Accelerator (goo.gl/qMBbty), over the past two years alone, Africa has seen the num…
The Ghana Community Network Services Limited (GCNet) on Tuesday presented a final dividend of GH¢8 million to government, bringing the company’s total dividend payment for 2017 to GH¢17 million.
GCNet had earlier this year, paid an inte…
Abdalla Ali-Nakyea, a Tax Consultant and Attorney has called on state institutions tasked with fiscal planning and management to look at domestic sources of revenue to boost and grow the economy as against the over-reliance on oil proceeds…
GHL Bank has received $15million from the African Development Bank to boost access to home ownership for lower-middle to middle-income Ghanaians.The move will further entrench the GHL Bank’s market leadership for providing affordable housi…
Dr Ebenezer M. Ashley, a Financial Consultant, has called on government to ensure that loans collected were used productively, saying ‘loans must be used for its intended purposes’.
According to him, there should be proper accountabilit…
MoU to develop aerospace industry in Côte d'Ivoire
Airbus and the government of Côte d’Ivoire signed a Memorandum of Understanding (MoU) to establish a framework of collaboration to support the development of the country’s aerospace ind…
Crypto Asset Index 2018
Decentriq joins forces with LIMEYARD to publish top 20 crypto assets index calculated by the Vienna Stock Exchange
Distributed ledger technologies expert, Decentriq has collaborated with cutting-edge index p…
Lagos, Nigeria has been identified as a must watch market for capital raising in 2018, according to Baker McKenzie's Cross-Border Index..
'More companies are lining up to list on the Lagos stock exchange, kick starting Nigeria's IPO ma…
Illicit Financial Flows (IFFs), continue to stifle Africa’s development architecture and this translates into money and capital illegally transferred across the continent’s borders now amounting to a loss of some $100 billion annually.
…
The Ghana Revenue Authority (GRA) has received a higher mark for improving on its internal control systems in the bid to block revenue leakages. Mr Richard Kwadwo Adu, the Assemblyman for Ntoase Electoral Area in the Wenchi Municipality s…
GROHE kitchen sinks, which are available as compact models with integrated drainers, large double sinks or chic built-in sinks, can be installed in minutes with no fuss or hassle
With kitchen faucets, water systems, kitchen sink…
US President Donald Trump has threatened to impose tariffs on an additional $200bn (£151bn) of Chinese goods in a growing trade row.
Mr Trump said the 10% tariffs would come into effect if China "refuses to change its practices".
The…
The Co-Chair of the Ghana Extractive Industries Transparency Initiative (GHEITI), Dr Steve Manteaw, has called for the enforcement of the recommendation that seeks to introduce the payment of royalty monthly, rather than quarterly.
He s…
“Driving Trade, Unleashing Investment and Enhancing Economic Development”
GAA Exhibitions & Conferences (www.GAAexhibitions.com) and ATIGS Group (www.ATIGSgroup.com) today announced the lineup of global executives and business leaders t…
The chief executive of German carmaker Audi, Rupert Stadler, has been arrested in connection with an investigation into the diesel emissions scandal.
A spokesman for Volkswagen, which owns Audi, confirmed he was being held.
Munich pr…
BuddeComm recently launched an exclusive Telecoms Maturity Index (TMI), that analyses the broadband, mobile and fixed Line markets of a country as well as a range of economic parameters to rank it on a scale of 1 to 100 and compare it to i…
The owner of Clydesdale Bank and Yorkshire Bank, CYBG, has agreed to buy Virgin Money for £1.7bn.
Under the deal, all the group's retail customers will be moved to Virgin Money over the next three years.
It will be the UK's sixth-lar…
The Eastern and Volta Regional branch of the Association of Ghana Industries (AGI) in collaboration with Net Impact Ghana, a civil society organisation are to organise a roundtable discussion on climate change for young entrepreneurs acros…
Experts have urged economics and financial journalists to intensify their watchdog role on minerals revenue management to ensure its adequate and efficient utilisation, especially for the hosting communities.
Although, policies exist, t…
Posted by Jeff Dean, Senior Fellow, Google AI, and Moustapha Cisse, Staff Research Scientist and lead of Google AI Center Accra
We've seen people across Africa do amazing things with the internet and technology—for themselves, thei…
The Congo Licence Round promotion highlights the importance of Africa Oil Week in driving new business opportunities for explorationists in Africa
Africa Oil Week (Africa-OilWeek.com) and the Ministry of Hydrocarbons of the Republic of …
Domestic and cross-border Initial Public Offering (IPO) capital raising by African issuers in H1 2018 increased by 33% year-on-year to USD 396 million, while volume grew by 25% to 5 IPOs. This is according to Baker McKenzie's Cross-Border …
Ghana Petroleum Commission officials have undertaken an educational tour of Forth Ports of Dundee, Scotland which is one of the largest economic generators in the city of Dundee to understudy and establish bilateral operational links.
T…
Google will invest $550 million in Chinese e-commerce powerhouse JD.com, part of the U.S. internet giant’s efforts to expand its presence in fast-growing Asian markets and battle rivals including Amazon.com.
The two companies described …
The Ghana Export Promotion Authority (GEPA) has organised a five-day new product development training for basket weavers at Asoegoom in the Bolgatanga Municipality of the Upper East Region.
The training, which was organised for about 12…
Fund transfers from one mobile network to another have witnessed consistent growth in the value and volume of transactions since mobile money interoperability was launched on May 10, this year.
In the first month of operation, mobile mo…
Standard Chartered Bank Ghana Limited says it has made good progress in 2017, putting the business back on an upward growth trajectory.
“The growth is underpinned by deepening client relationships, investment in technology and strengthe…
Launch event attracts international experts to debate ways to harness Africa’s oceans
The African continent needs to work together on a country and regional level to put in place and, more crucially, implement a sustainable maritime gov…
Households could be left up to £1,000 a year worse off because of Brexit trade barriers, a report will suggest.
Global consultancy firm Oliver Wyman will say that under the most negative scenario of high import tariffs and high regulato…
As Gold Fields celebrates 25 years of operating in Ghana, the company headlined this year’s West Africa Mining and Power Expo (WAMPEX 2018), a major forum that attracted over 1,400 mining and power industry professionals, as well as compan…
A Ghanaian entrepreneur based in the USA, Dr Norbert Chirase, has received the US President's "E"award for contributing to the expansion of the USA exports.
Mr Wilbur Ross, the U.S. Secretary of Commerce, presented the award to the GTX …
The government has been charged to empower the Ghana Standards Authority (GSA) to deal with unfair trade practices such as dumping of renewable energy products and components to help encourage the use of renewable energy in the country.
…
Like any small business, restaurants make money by selling more than they spend. The challenge for eateries compared to say a retailer or a hair salon is that food expires -- some of it very quickly.
As a restaurant owner that means for…
Tax scams are a year-round phenomenon, but can be more common during the summer. Most people have recently filed their tax return, so it's a logical time to try to "verify" a taxpayer's information or to claim that a miscalculation has res…
A crusade has started building up at the PSC Tema Shipyard Company where workers want company Managing Director, Capt. Francis Kwesi Micah, acknowledged and incentivised for hard work.
Since taking over leadership from his predecessor, …
In line with its commitment to build capacity in STEM (Science, Technology, Engineering and Mathematics) education, Tullow Ghana Limited (TGL) sponsored this year’s Science and Technology Fair as platinum sponsors as part of the 2018 editi…
The UN Conference on Trade and Development, has revealed that Foreign Direct Investment (FDI) fell by nearly a quarter last year, to $1.4 trillion.
This is significant because FDI is vital for industrial development, including upgrading…
Barely twenty-four hours to the kick off of the global soccer fiesta in Russia, MultiChoice Ghana has announced an extension of its Contact Centre hours on weekends throughout the World Cup period. As great customer service is a key compon…
The Co-ordinator of the Third World Network (TWN-Africa), Dr Yao Graham, has criticised the Continental Free Trade Agreement (CFTA) for Africa, in its current form, describing it as “hasty, too narrowly focused to trade liberalisation with…
The euro suffered its biggest fall in eight months and share and bond markets rallied on Thursday, after the European Central Bank vowed not to raise euro zone interest rates before the middle of next year.
The bank said it was pulling …