We are delighted to send you the 12th edition of our annual In Gold we Trust report titled “Gold and the Turning of the Monetary Tides”. The report’s leitmotif of the turning of the tide refers to three fundamental changes unfolding right …
Gold Fields Ghana, has launched its 25th anniversary celebrations in Accra with a pledge to continue to maintain the high standards of operations and to impact on the lives of the people within the communities in which it operates.
Spea…
The largest telecom operator, MTN, has launched an Initial Public Offer aimed at raising 3.47 billion cedis from shares. Every Ghanaian has the opportunity to own shares in the company. Priced at GHC 0.75 per share, they must be purchased …
Gives consumers a new option to receive funds in Africa's fifth largest remittance recipient market
MoneyGram (NASDAQ:MGI) announced today the launch of money transfer service directly to any bank account in Ghana. Funds can b…
The Ghana National Chamber of Licensed Banker to Banker Lotto Operators and Agents (GNCLBBLOA) has expressed its readiness to work with lotto operators who are unable to meet the approved fees of the National Lottery Authority (NLA).
A…
European financial markets have been hit by political upheaval in Italy.
The prospect of elections as early as September, along with the possibility of eurosceptic parties strengthening their position, has hit markets.
Italy's benchm…
Agroecom Ghana Ltd, a cocoa buying company has announced the payment of 19 million cedis as premium for the 2017/2018 cocoa season.
Out of the amount, GHS 13 million would be paid as cash payment to deserving farmers while the remaining…
A new list of the world's most valuable brands is out, and China has claimed two of the top spots for the first time.
Alibaba has joined the top 10, alongside Chinese tech group Tencent, as well as stalwarts such as Google (GOOGL) and A…
The Ghana Institute of Freight Forwarders (GIFF) has kicked against the move by the government to bring in a new company to oversee the implementation of the paperless system at the ports.
According to the association, the deal, which i…
The much-anticipated national identity card (Ghana Card) registration process is yet to begin the Greater Accra Region following some technical challenges.
The registration process was to start on Monday but the National Identification …
A study on the impacts of climate variability (CV) has recommended that government policy addressing climate change (CC) in the agriculture sector should identify and implement options for each unique climate distress event that will reduc…
The Chief Executive Officer (CEO) of the Energy Commercial Bank, Mrs Christiana Ekaete Olaoye, has been adjudged the Business Leader of the Year in the West Africa, Banking and Finance category at the maiden West Africa Business Excellence…
The International Advertising Association (IAA) is holding its second Africa Leadership conference in Accra.
The gathering of current and future business leaders dubbed "Africa Rising" is on the theme: Evolution of Brands and consumers:…
The Bank of Ghana (BoG) has introduced a number of measures aimed at making the financial sector stable and strong.
This includes an amended Deposit Protective Scheme set to be rolled out by January 2019 to give depositors more confiden…
Ghana and South Korea would soon establish a bilateral committee to look at special relationships between the two countries and deepen agreements in various sectors of the economy, Mr Ken Ofori-Attah, Minister of Finance, has said.
He s…
Ghana’s cashew sector is now the leading agricultural non-traditional export, with a total amount of $197 million worth of export revenue in 2016, representing 53 per cent of the total revenue of $371 million.
The sector, with an estima…
Stakeholders in agriculture have been given an orientation to deepen their understanding on the implementation of standardized activities for Modernizing Agriculture in Ghana (MAG).
The sensitization workshop held in Bolgatanga was atte…
Unilever Ghana Limited will continue to take advantage of the stable economy and conducive business environment and work to build on sustainable business, creating wealth and good returns to shareholders.
Speaking at the company’s Annua…
IFC, a member of the World Bank Group, today announced a $10 million subordinated loan to I&M Bank (Rwanda) to strengthen the bank’s capital base, and help it increase lending to small and medium enterprises, promoting job creation and eco…
Food packaging giant Tetra Pak has said plastic straws serve a "vital" function in cartons and should not be banned.
Plastic straws can be recycled together with used cartons if they are pushed back into the box, the company said.
Te…
The shares of Ghana Oil Company Limited (GOIL) the nation’s foremost indigenous Oil Marketing Company (OMC), has started exhibiting signs of major upward movement on the Ghana Stock Exchange (GSE) as investors across board continue to take…
The food and farming industry wants assurances from the government that it will still be able to recruit enough staff from the EU after Brexit.
The demand came as part of a manifesto drawn up by more than 100 organisations across the in…
UK Expands Export Finance appetite in West Africa as first rep in Africa takes up office in Ghana.
Ghana becomes the first West African country to have a representative of the world’s oldest export credit agency, UK Export Finance (UKEF…
The Ghana Export Promotion Authority (GEPA) has signed a memorandum of understanding with Afro-India Technology and Societal Transformation Foundation (AITST) to support government’s plan to transform the cashew industry into an export ori…
The ever improving feature set of the truly revolutionary Ecobank Mobile App, which has now been downloaded by more than 5 million people, took the prize for Innovation in Banking
Ecobank (www.Ecobank.com) has won two major awar…
Philips and the governments of Ethiopia and the Netherlands sign seven-year agreement to build Ethiopia’s first specialized Cardiac Care Center
Scheduled for completion in mid-2020, it is estimated that the new center will have the phys…
Despite high growth and basking in a favorable spotlight, nationalist interventions in the economy and weakening political stability indicate that the current mirage of Djibouti’s investment potential is overstated and unsustainable
…
Respected telecoms entrepreneur to help Nuggets scale up after significant interest during China tech tour. Discussions underway with QFPay and Qihu 360
View PDF Version: https://goo.gl/rtkfu2
London - Nuggets, the blockchain-powered…
The Bank is scaling up its efforts to accelerate the pace of industrialization, supported by its presence in 38 countries and by timely and quality operations
The African Development Bank (AfDB.org) is delivering on its goals and making…
The Ghana Stock Exchange (GSE) bourse continued on its bearish trend as investors continued to sell-off equities on the GSE largely on account of profit taking.
The benchmark GSE-Composite Index thus dipped by 2.6 per cent on a week-on-…
The Break Free movement in Africa is co-ordinated by Greenpeace Africa, African Climate Reality Project (ACRP), 350.org and Earthlife Africa Jhb
Today, Africa Day, citizens and communities in almost 20 countries across the African conti…
The African Development Bank and the Global Green Growth Institute partner to fast-track Green Growth in Africa
This partnership reinforces the work of the Africa NDC Hub hosted by the African Development Bank, in accelerating climate a…
The international community has pledged to mobilize $100 billion in climate finance per annum by 2020 to support adaptation and mitigation projects in developing countries
Scientific evidence shows that African economies are already ree…
Fund for African Private Sector Assistance (FAPA) Donors and African Fertilizer and Agribusiness Partnership (AFAP) sign grant agreement in support of local supply and utilization of fertilizer in Africa
This initiative complements the …
Over the course of the week, leading nations will take meetings and present proprietary information regarding up-and-coming projects exclusively at Africa Oil Week
Nine Energy and Petroleum Ministers have confirmed to attend Africa Oil …
Fiat Chrysler is recalling 4.8 million US vehicles over a defect that could prevent drivers from turning off cruise control.
It warned owners, including those outside the US, not to use the function until they get software upgrades.
…
In the modest surroundings of Tumu in the Upper West Region, an enterprising young man has actualised an ambitious dream that now directly employs nearly 100 youth in a $2 million agriculture processing venture.
Kedan Limited, as it sta…
Ghana loses CFA 56 billion to Burkina Faso annually as a result of the importation of fresh tomatoes while a sizable chunk of the produce by farmers in the country get rotten because of lack of buyers.
This sorry state of the tomato ind…
Stakeholders at a meeting on the future of the wood and timber industry have called on the government to take the lead role by providing a stimulus package that would swipe up interest in the Timber and wood industry.
The stakeholders l…
Twenty-five smallholder famers from five districts in the Northern Region have been trained on how to use the newly developed Soybean Innovation Lab (SIL) Multi-Crop Thresher device for increased production.
The farmers from the Distric…
The African Development Bank and the United Nations Industrial Development Organization (UNIDO) have jointly appended signatures to a Memorandum of Understanding to step up their existing collaboration to stimulate the industrialisation ag…
The Ministry of Trade and Industry would from September this year impose import restrictions on textiles to curb piracy.
Mr Alan Kyerematen, the Minister for Trade and Industry, said the move would ensure that all imported textiles are …
The Producer Price Inflation rate for all industry increased to 6.4 per cent in April 2018 from the 3.7 per cent recorded in March, 2018.
The rate represents a 2.7 percentage point increase in producer inflation relative to the rate rec…
The Ecobank Mobile App has registered one million customers in Ghana since its launch in November 2016.
The millionth customer, Madam Priscilla Bamfo successfully downloaded and on-boarded the app on Wednesday, May 16, 2018, exactl…
Mr Frank Abban, the Presiding Member (PM) of the Agona West Municipal Assembly, has directed the revenue collectors to collect tolls at Agona Swedru/Awutu Bawjiase and Kasoa lorry parks.
He said since the lorry parks were established ov…
“We talk about integrating Africa. We cannot integrate countries that are fragile, we can only integrate countries that are secured.”– Akinwumi Adesina, President, African Development Bank
The President of African Development Bank (www.…
Dustin Homer, Director: Client Solutions at Fraym
The “Africa Rising” narrative has become commonplace among those who recognise the continent’s rapid urbanisation and industrialisation as rich opportunities. Yet, the fact remains that …
The Goenergy Company Limited, (Goenergy) a subsidiary of Ghana Oil Company Limited (GOIL) has pitched against corporate dictators in the downstream petroleum sector disarming the cartel of weapons to create artificial shortages in the reta…
The President, Nana Addo Dankwa Akufo-Addo, has assured that based on lessons from the past, and the current economic successes, the government will work hard not to seek any assistance from the International Monetary Fund (IMF) in the fut…