Enterprise Life Assurance Company Limited (Enterprise Life) and Standard Chartered Bank Ghana Limited (SCBG) have announced the end of a fruitful Bancassurance partnership spanning over a decade. Enterprise Life pioneered the first ever Ba…
Warmer weather, bank holidays and the royal wedding helped to boost retail sales in May, a survey has indicated.
The British Retail Consortium (BRC) said total sales rose by 4.1% in May from a year earlier, the fastest pace for more tha…
The Environmental Protection Agency (EPA) has begun a series of public hearing to clear misconceptions and receive feedback from various districts to be affected by onshore exploration in the Volta Region.
The week-long activity, which …
Newmont Ghana Gold Limited and DRA Ghana Limited are to pay fines totalling $2.5 million for their roles in the accident that claimed the lives of six workers at the Newmont Ahafo Mine in April this year.
DRA Limited will be sanctioned …
Societe Generale S.A. will pay over $860 million to resolve criminal charges in the U.S. and France for bribing Gaddafi-era Libyan officials and manipulating the Libor rate, the U.S. Department of Justice said on Monday.
The Paris-based…
The government has announced plans to sell a 7.7% stake in Royal Bank of Scotland.
The latest sale of 925 million shares, expected to raise £2.6bn, will reduce its holding in RBS from 70.1% to 62.4%.
The bank has been majority owned …
Mining companies operating in the country produced 2.81 million ounces of gold, last year, representing 11 per cent increase over the 2016 figure of 2.54 million ounces.
Mr. Kwame Addo-Kufuor, President of the Ghana Chamber of Mines, wh…
The Fish Health Unit of the Fisheries Commission has organised a training course to upgrade the knowledge of 40 officers of the Commission on the best fish farm management and environmental practices.
The five-day course was to afford t…
The Ghana Women Entrepreneurship Summit (GWES 2018) opened in Accra on Monday with a pledge from government that it would do all it can to support women entrepreneurs to thrive in their businesses.
Addressing the opening session, Mr Rob…
Profits at the world's major airlines will be hit this year by rising fuel and labour costs, the industry's trade body has said.
The International Air Transport Association has cut its profit forecast for 2018 by 12% to $33.8bn (£25.3bn…
A day’s sensitization workshop on modernizing the nation’s agriculture through the Canadian Government’s sponsored five-year project, has been held for District Chief Executives, Coordinating Directors and extension officers in the Western…
Mr Kwasi Agyeman Busia, the Chief Executive of the Driver and Vehicle Licensing Authority (DVLA), has directed regional and district managers to post the price list of services the Authority renders to the public to promote transparency.
…
Ingenico Group supports the Zambian government in deploying an innovative fraud-less subsidy program in rural areas
This program allowed the distribution of 22 million dollars subsidies in rural Zambia within 3 months
Ingenico Group …
SEND-Ghana has organized a consultative forum together a network of civil society organizations in the Upper West Region to provide opportunity for the people to make inputs into the 2019 national budget.
The one-day event, held in Wa, …
Mr Eric Amoako Twum, the Deputy Chief Executive Officer of the Ghana Export Promotion Authority (GEPA), has called on the Ghana Institute of Freight Forwarders (GIFF) to provide accurate export data to improve performance.
He expressed …
The Vice President, Dr. Mahamudu Bawumia, has hinted at plans to leverage government’s assets to raise additional funds for development. In line with this, they were going to establish the Ghana Asset Management Corporation - a body to man…
The mood for most of the sessions throughout the last week of May (28 to 31) remained lukewarm on the Ghana Stock Exchange (GSE), as investors exited overvalued stocks in exchange for long-term quality plays.On the balance, laggards had th…
Vice President Dr. Mahamudu Bawumia has underlined the urgent need for African countries to leverage on their enormous resources and investment opportunities to create jobs and lift the population out of poverty.
There were enough wealt…
New operators of the Deepwater Tano Cape Three Points block (DWT/CTP), Aker Energy Ghana, are to submit a plan of development (PoD) on the block to the government in the second half of this year after successfully buying Hess Ghana out of …
The government of Ghana has signed a Bilateral Air Service Agreement (BASA) with Rwanda to enable designated airlines of the two contracting states to operate international commercial passenger and cargo flights between both states.
The…
When it comes to trade with the rest of the world, the European Union is sometimes accused of having high barriers and protecting its own producers.
It's an allegation that some supporters of Brexit have been making for some time.
Th…
The Metropolitan, Municipal and District Assemblies (MMDAs) have been urged to intensify efforts at improving on the insanitary conditions in the communities.
They have been asked to focus much attention on the fight against open defeca…
Barclays is tightening its lending criteria to a UK economy that is lagging behind the rest of the world.
Chief executive Jes Staley says Brexit uncertainty was helping to stunt economic growth and that was something the bank could not …
Tullow Oil is focusing on growing its production in Ghana after the International Law of the Sea (ITLOS) ruling in late 2017 and the approval of the Greater Jubilee Full Field Development Plan.
It is also interested in making further in…
The United Nation Conference on Trade and Development (UNCTAD) 2018 Economic Development in Africa (EDA) Report, says well-managed migration could provide impetus to economic growth.
It could positively transform the structure of the co…
Deutsche Bank (DBKGn.DE) has made good progress in its efforts to address regulatory concerns, a person familiar with the thinking of the European Central Bank said on Friday after Standard & Poor’s downgraded its rating on the German bank…
Imagine 8, organizers of SME Ghana Awards in collaboration with Vodafone Business Solutions, have held a two day training on packaging, branding and labeling for Small and Medium Enterprises (SMEs) in Kumasi.
The training, aimed at expo…
Bantamahene, Barfour Asare Owusu Amankwatia IV, has commended Multinational Telecommunication Network (MTN) for its immense contribution to the socio-economic development of the country.
He said MTN through its innovations was currently…
Work on the phase one of the Kejetia/Central Market Redevelopment project is 95 per cent complete, Messrs Contracta Engineering Limited, the Brazilian firm executing the job, has said.
Mr Jorge Javares de Almera, an Engineer of the comp…
Stakeholders from public and civil society organizations in the Northern Region have called on government to make provision in the 2019 budget for the establishment of agricultural mechanization service centres to boost productivity in the…
The Tema Metropolitan Assembly (TMA) has presented outboard motors to some fishermen at Tema Newtown as part of government’s effort to promote fishing activities within the Metropolis.
The donation, which was a collaborative effort of t…
China reiterated its commitment to the global trade order on Friday, hours after Washington imposed new tariffs on imports from key allies and a day before U.S. Commerce Secretary Wilbur Ross was due in Beijing for talks to avert a trade w…
U.S. job growth accelerated in May and the unemployment rate dropped to an 18-year low of 3.8 percent, pointing to rapidly tightening labor market conditions, which could stir concerns about inflation.
The closely watched employment rep…
The Management of Ghana Export Promotion Authority (GEPA) says it would remain focused on meeting its $10 billion target and not be distracted by sensational publications in the media on alleged financial malpractices.
It said these all…
Former President, John Agyekum Kufuor, has expressed deep concern about the country’s ageing cocoa farmer population, pointing out that the situation does not auger well for the sustainability of the cocoa sector.
As chairman for the ma…
Dr Julius Gatune, Senior Researcher and Policy Advisor, Africa Centre for Economic Transformation (ACET), has advised that Agricultural machines should be made women friendly so as to attract more women in the sector
He explained that m…
Apple and Russia are locked in a stand-off over the company's App Store.
The Russian telecoms regulator Roskomnadzor has asked the US firm to remove the popular messenger app Telegram from the Russian version of the store.
Despite at…
Members of the Minority National Democratic Congress (NDC) Caucus in Parliament have raised an alarm that the Government of the ruling New Patriotic Party (NPP) is overly using and deliberately diverting earmarked funds to finance the Free…
The US economy grew at an annual rate of 2.2% in the first three months of the year, slightly more slowly than the original estimate of 2.3%.
The Commerce Department published the revision on Wednesday in its second estimate of GDP.
…
Ghana has led the development of a new global standard for sustainable cocoa and this is aiding image pricing of its produce on the international market.The standard has been adopted by the International Standards Organisation (ISO) and us…
The Minority in Parliament has criticized what they say is deliberate diversion of earmarked funds by the government to finance the free Senior High School (SHS) programme.
They asked that the Finance Minister avoided doing anything to …
The Ghana National Petroleum Corporation (GNPC) has signed a twelve-year agreement with Rosneft, a Russian integrated energy company, for the supply of natural gas to the country.
The supply contract is a hybrid Liquefied Natural Gas (L…
FirstGroup chief executive Tim O'Toole has stepped down with "immediate effect" after the bus and train operator reported a huge full-year loss.
The company, which owns Great Western Railway (GWR), said it lost £327m in the year to 31 M…
After months of intense negotiations, banks and bulk oil distribution companies (BDCs) have finally agreed to shave off some GH¢824 million in interest and commissions to allow the government to pay up its indebtedness to the lenders and t…
In their bid to offer convenient banking services and provide value to both existing and potential SME clients, Fidelity Bank has organised a summit for SMEs to interact with them on how the bank can better assist their businesses grow.
…
Twenty-First Century Fox Inc (FOXA.O) will hold a special meeting on July 10th for its stockholders to vote on a proposed merger with Walt Disney Co (DIS.N), the company said on Wednesday.
The Fox board also recommended backing the deal…
While prices of items such as clothing and shoes keep falling, which is good news for consumers, it's not so good for retailers that are being forced to fight battles on multiple fronts.
Rachel Lunn from the British Retail Consortium te…
Companies House, the government agency which holds information on all UK businesses, is warning of a phishing attack which uses an email very similar to its own.
Businesses are receiving emails claiming there has been a complaint about …
News about the leading and indigenous oil marketing company, GOIL venturing into the upstream sector of the industry, could be a feather in the cap of local content participation as well as inclusive growth. Because it will lead to a signi…
The Asante-Akim South Municipal Assembly has begun the distribution of 70,000 cocoa seedlings to farmers across the Municipality.
The distribution forms part of the Assembly's initiative to supply one million hybrid seedlings to cocoa …