President Nana Addo Dankwa Akufo-Addo has urged Ghanaians to allow the Bank of Ghana (BoG) to handle the issue of distressed local commercial banks professionally without any political interference.
He said it was crucial for the centra…
Herbalife Ghana, a leader in health and wellness, has been awarded the Outstanding Food and Beverage Product of the year at the West Africa Business Excellence Awards 2018.
The award recognizes Herbalife Ghana’s nutritional product rang…
Ryanair has reported record annual results, despite it having to cancel thousands of flights in September due to problems with pilots' rotas.
The Irish airline said profits after tax rose 10% to €1.45bn (£1.27bn), despite the wave of ba…
After the near collapse of his company following the 2010 Gulf of Mexico disaster and a three-year slump in oil prices, BP Chief Executive Officer Bob Dudley is hardly relaxed.
“It doesn’t feel like we are in a serene time for any energ…
Dr Akinwumi Adesina, President of the African Development Bank Group on Monday, said state intervention is crucial in the drive for Africa’s industrialisation to becoming the powerhouse and a global centre for trade and manufacturing.
H…
Hostex, the biggest and longest-running food and hospitality exhibition in Africa, is returning to Sandton Convention Centre in March 2020, in direct response to industry feedback.
Gary Corin, MD of the show’s organisers, Specialised Ex…
Heritage Bank Limited, Ghana has disclosed that it is firmly on track to meet the new minimum capital requirement set by the Bank of Ghana, well ahead of the stipulated December 2018 deadline.
Managing Director of the Bank, Mr. Patric…
First Deputy Speaker and MP for Bekwai, Mr Joseph Osei-Owusu has emphasised the need for the Ghanaians to be incorrigibly loyal and committed to honouring their tax obligations to accelerate national development.
“When it comes to taxat…
Dr Akinwumi Adesina, President of the African Development Bank (AfDB) Group, says state intervention is critical to drive Africa’s industrialization - to become a global centre for trade and manufacturing.
It called for right policy dec…
The Cashew Development Board will by the end of June, 2018 be established to regulate the Cashew Industry, President Nana Addo Dankwa Akufo-Addo has announced.
The President said this when he interacted with some traditional rulers in S…
Mr Emmanuel Kofi Nti, the Commissioner-General of the Ghana Revenue Authority (GRA) has said the implementation of the excise tax stamp was not an introduction of a new tax.
“Rather, the stamp is a new way of administering the already e…
Issam Chleuh, 31, co-founder of Suguba, a West Africa-focused platform providing access to capacity building and financial services for entrepreneurs, start-ups and SMEs led by youth and women. From 2014 to 2016, Forbes Magazine listed Chl…
The Crown Court has dismissed charges against Barclays Bank and its owner Barclays PLC over billions of pounds raised from Qatar in 2008.
The charges were potentially extremely serious for Barclays as, if it had been found guilty, it co…
Ghana has been urged to use its extraordinary offshore resources to effectively develop and maintain affordable liquefied petroleum gas (LPG) to help reduce energy poverty in the country.
According to the United Nations secretary Genera…
The Ministry of Finance has officially endorsed an agreement between the Ghana Ports and Harbours Authority (GPHA) and IBISTEK Ghana Ltd, a wholly owned Ghanaian company, for a concession to develop and operate an on-dock container and mul…
From contemporary urban to boutique country houses, each of these hotels offers travellers an enviable range of artistic, culinary and cultural adventures with a unique character and a defining sense of place
Autograph Collection Hotels…
Siemens provides a comprehensive portfolio of products, solutions, and services to help build and operate microgrids of any size
Siemens (Siemens.com) wins the Digital Solutions of the year award for its Siemens South Africa Hea…
Ecobank’s digital strategy leverages digitalisation for scale and ubiquity and is the key plank in its ambition to be the top consumer financial services franchise in Africa
Ecobank (www.Ecobank.com) won the Best Digital Strateg…
Technology has made it easier and cheaper to send money home to relatives round the world. But what if you don't trust your Dad not to squander it? No problem - now you can pay his electricity bills directly.
The range of services,…
Dr Ibrahim Awal Mohammed, the Minister for Business Development, has said the National Entrepreneurship and Innovation Plan (NEIP) Programme will serve as a huge support for the 500 selected SMEs.
He said the support was to enable the S…
The FBNBank Ghana in a good position to meet the GH¢400 million minimum capital requirement set by the Bank of Ghana, hence all monies and investments in the Bank are safe. Mr Gbenga Odeyemi, the Managing Director of the Bank, gave the ass…
Agility, a leading global logistics provider, has leased warehouse space in the Agility Warehouse Park in Ghana to Cummins for a new West African Distribution Centre.
Cummins, one of the world’s leading manufacturers of diesel engines, …
The world is not on track to meet the global energy targets for 2030 set as part of the Sustainable Development Goals (SDGs), but real progress is being made in certain areas, a new report has said.
According to the report from five int…
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has observed that the rolling out of the Mobile Money Interoperability Payment System is an important milestone towards ensuring an integrated and interoperable electronic payment…
The theme of the Summit will be: "The transition to sustainable cities and territories: The role of African local governments"
The official ceremony to launch the preparation for the 8th edition of the Africities Summit, November 20-24,…
GE Power will design, manufacture and deliver its market-leading Ultra Super-Critical clean coal technology components (boiler and steam turbine generator) and air quality control systems for the Lamu Coal Power Plant
Gulf Energ…
Participants will include Captain Peter Hammarstedt, Chairman, Sea Shepherd Australia and Dr Kamal-Deen Ali, Executive Director, Centre for Maritime Law and Security Africa
The Africa Blue Economy Forum (ABEF) (www.ABEF2018.com) 2018 ha…
Local Authorities are Resolute to Start the Transition to Sustainable Cities in Marrakesh
United Cities and Local Governments of Africa (UCLG Africa) (www.UCLGA.org) and the Moroccan Association of Presidents of Municipal Counci…
About 23,000 transactions worth GH¢1.8 million have been done via mobile money interoperability platform since the launch on May 10. The figures represent customers who successfully sent out money to other mobile money users on other netwo…
PayPal has bought iZettle, a Swedish mobile payments company that sells a card-reader aimed at small businesses, for $2.2bn (£1.6bn).
The move boosts PayPal's in-store presence at a time when competition in the online payments sector is…
Ethiopian Airlines on Wednesday confirmed that it will operate a four-times-a-week service to Addis Ababa, the East African nation’s capital from Manchester Airport. Manchester Airport has secured a landmark route into the heart of Africa,…
Mr. Ibrahim Awal Mohammed, the Minister for Business Development, has pledged to give strong support to small and medium scale enterprises (SMEs) to aid their growth. Under the National Entrepreneurship and Innovation Plan (NEIP) Programme…
The Tropical Forest Alliance in collaboration with Proforest and the Government of Ghana have begun a four -day meeting to find measures to reduce the rampant destruction of forests and find ways to generate better revenue from it.
Dr …
Hon. Abraham Kofi Asante, the Chief Executive Officer for Ghana Investment Fund for Electronic Communication (GIFEC), has emphasized the need for coding and programming in the life of children to make them grow into better adults.
Sp…
Farmers across Africa and other parts of the world suffer lack of access to ready markets which results in high post harvest losses and low return on investments. Post harvest losses have been estimated by the World Food Program to be up t…
Airbnb will automatically report homeowners' income to tax authorities in Denmark under a landmark move.
It will make it easier to spot tax evasion by homeowners renting out rooms and properties via the site.
Danish tax minister Kars…
The National Commission for Civic Education (NCCE), as part of its anti-corruption campaign and this year’s Constitutional Week Celebration has engaged and educated security agencies in the Bolgatanga and Kassena-Nankana Municipalities in …
Mrs. Barbara Asher Ayisi, a Deputy Minister in- charge of Technical and Vocational Education Training (TVET), has called on Ghanaians to remain steadfast in Government's determination to build a nation that works for everybody and not a pr…
Importers were on Wednesday advised to make adequate logistical and financial plans to help address the challenges that leads to delays in cargo clearance at the ports.
They were also counselled to ensure timely clearance of cargo to av…
Trading in the mid-week session on the Ghana Stock Exchange (GSE) saw investor interest skewed towards the agribusiness, banking, insurance and petroleum sectors.
In spite of the renewed interest, the GSE indices however continued on it…
Mr Kwaku Kwarteng, the Deputy Minister of Finance, has reiterated government commitment to expanding the economy so as to bridge the expenditure and revenue gap.
He said the country had been battling with the fiscal gap, a situation whe…
At the close of a high-level UN policy forum in Bangkok today, political leaders and senior government officials recommitted themselves to tackling rising inequality across Asia and the Pacific region.
Over 540 delegates from 44 M…
Telecom operator, AirtelTigo Ghana has partnered with Ericsson (NASDAQ: ERIC) to consolidate and upgrade its network infrastructure. The partnership will enable AirtelTigo to unify its network assets between former Tigo and Airtel and prov…
The World Bank has appointed Mr Makhtar Diop as its Vice President for Infrastructure, effective July 1. A statement issued by the World Bank and copied to the Ghana News Agency said after six years as the Bank's Vice President for Afri…
Mrs Lydia Duvor, the Institute Manager of the New Century Career Training Institute (NCCTI) at Dansoman in Accra, has described Technical and Vocational Education and Training (TVET) as a hub for economic development.
Mrs Duvor said TVE…
The mining sector contributed an amount of GHC 1,285 million to Government revenue in 2015 as against GHC1,193 million in 2014, the Ghana Extractive Industries Transparency Initiative (GHEITI) 2015 report has revealed.
This represents a…
The Chief Executive Officer of the National Entrepreneurship , Innovation Plan (NEIP), Mr John Kumah has said entrepreneurship was a critical foundation for job creation in the country and must therefore be given the requisite attention.
…
Mr. Yaw Osei Owusu, the Chief Executive Officer of the Golden Key Group, a marketing, sales and distribution company on Wednesday lauded the government’s Online Marketing and Digital Entrepreneurship Programme.
The programme is designed…
Vice President Dr Mahamudu Bawumia, has observed that one of the greatest enemies of corruption is technology and said government would embrace opportunities in the technological arena to improve the payment system and enhance the delivery…
The certification of 100 financial service providers, collectively serving more than 42 million low-income clients worldwide, marks major achievement for financial inclusion.
The Smart Campaign, the leading industry voice on financial…