The Ghana Grid Company (GRIDCo) says it will soon start the export of some 50 megawatts of electricity to Burkina Faso once work on the interconnection lines has been completed.
Mr Frank Okyere, the Systems Control Manager at GRIDCo, wh…
Jittery investors and their smartphones stressed out leading U.S. online financial sites last week as heavy volatility shook markets, technology analysts said.
Major firms including Vanguard Group, TD Ameritrade Holding Corp (AMTD.O) an…
Access Bank has rewarded the ultimate winners of its ‘Akyede3’ ‘Kese3’ promotion.
The promotion dubbed “Save Today…Take Tomorrow,” was launched in July last year to reward loyal customers and encourage people to cultivate the habit of …
Mr Ernest Kofi Owusu-Bempah, Communication Director of Ghana National Gas Company(Ghana Gas ) has lauded the efforts of the local engineers of the company leading to the successful shutdown of the Atuabo Gas processing Plant.
He said…
The ARB Apex Bank Limited is strategically repositioning itself to help recapitalise rural and community banks so they could partner with government to implement some of its social flagship programmes.
The Bank, which serves as a mini c…
UK consumer price inflation remained at 3% in January, the same level as in December.
The rate, as reported by the Office for National Statistics (ONS), is close to November's six-year high of 3.1%.
Most economists were expecting a s…
Energy Commercial Bank is optimistic of making significant inroad in the Ghanaian banking industry with a clear cut strategy to grow substantially in all its business lines.
To this end, it has promised existing and prospective cl…
President Nana Addo Dankwa Akufo-Addo, has appointed Mrs Elsie Awadzi as the 2nd Deputy Governor of the Bank of Ghana.
The appointment is, however, subject to consultation with the Council of State.
Mrs Awadzi is an internation…
Labour's proposal to bring services such as water, energy and rail into public ownership would be "cost free", John McDonnell has said.
The shadow chancellor says he wants to put public services "irreversibly in the hands of workers" so…
The 2018 edition of the Springboard Road Show, a programme that aims at mentoring business executives, civil society leaders, and role models nationwide has begun.
The programme, which also aims at human capital development and socia…
The financial contribution will support a net distribution campaign, while also providing life-saving testing and treatments
As part of its partnership with the Global Fund to Fight AIDS, Tuberculosis and Malaria, the Ecobank Found…
Wireless connectivity at the gate will allow the aircraft to connect to vital aircraft, airline systems
SITA (www.SITA.aero) is providing wireless connectivity on the ground to Air Mauritius’ new fleet of Airbus A350 aircraft, kee…
Opera News reaches 1 million downloads in just four weeks and becomes the number one news app on Google Play Store in Ghana
Opera News, the stand alone news app developed by Opera, has broken the 1 million download milestone in less t…
Mr Kobby Okyere Darko-Mensah, the Member of Parliament (MP) for Takoradi, has said government intends to build more airports in the Western and Central Regions.
The move, he said, forms part of measures to create an enabling environment…
The volume of trade between Iran and Ghana reached $50million last year, the Iranian Ambassador to Ghana, Dr Nosratollah Maleki disclosed on Friday.
Speaking at the commemoration of the 39th anniversary of the Islamic revolution of Iran…
The Bank of Ghana said the yield on its weekly 91-day bill rose to 13.36 per cent at an auction on Friday from 13.32 per cent at the last such sale, on Feb. 2.
The bank said it had accepted all 415.4 million cedis ($93.5 million) worth …
UK space firm EARTH-i Ltd will deliver the ACCORD project, worth over 381 million KES, to deliver timely, geo-targeted advice via a simple mobile application
The UK Government has announced an innovative new project to help Kenyan and …
The Serious Fraud Office (SFO) has charged Barclays Bank PLC with "unlawful financial assistance" related to billions of pounds raised from Qatar in 2008.
The same charges were bought against Barclays PLC in June last year.
The move …
BEIGE Pensions Trust, a subsidiary of the BEIGE Group has launched a nationwide retirement planning campaign to encourage people to save towards their retirement.
The one-year campaign which started on Thursday is under the theme, ‘Eve…
Google has been fined 1.36bn rupees (£15.2m; $21.2m) by India's competition regulator for abusing its dominance in the country.
Users searching flight details were directed to Google's own flight search page, the Competition Commission …
Members of the Trade Union congress in Ho have kicked against government’s proposal to deduct an extra one per cent of workers salary to ‘cushion’ the National Health Insurance Scheme.
The visibly angry members said they were already ov…
L‘Oreal (OREP.PA) stands ready to buy Nestle’s (NESN.S) 23 percent stake in the firm should its Swiss shareholder choose to sell, and it could finance a purchase through cash, by selling its Sanofi (SASY.PA) stake or by borrowing, L‘Oreal’…
President Nana Addo Dankwa Akufo-Addo on Thursday announced that a pilot survey in the Voltaian basin for possible onshore oil discovery, has established the “presence of a working petroleum system”.
“I hope that, eventually, there will…
The Ministry of Food and Agriculture (MoFA) is committed to collaborating with all stakeholders on ways to promote the development of the poultry sub-sector in the country.
Dr Cyril T. Quist, the Brong-Ahafo Regional Director of MoFA, s…
Oil prices fell for a sixth day on Friday, and were on track for their biggest weekly loss in 10 months, as record-high U.S. crude output added to concerns about a sharp rise in global supplies.
The drop came amid a rout in global equit…
Channel tunnel train operator Eurostar is launching direct services between London and Amsterdam.
Trains will run twice daily from 4 April, with the journey from St Pancras to Amsterdam taking three hours and 41 minutes.
However, for…
Mr. Kenneth James Miller, the Resident Country Director of the Millennium Challenge Corporation (MCC), has said Ghana risks losing US$119 million if the nation fails to meet the deadline for taking certain decisions required under the Comp…
Alhaji Ahmed Abubakari Yussif, the Yendi Municipal Chief Executive (MCE) has advised male farmers to support women who intend to venture into farming to enable them increase productivity to boost the country’s economy.
He said Ghana’s a…
The World Bank (WB), with funding from its Climate Investment Fund, has launched a US$5.5 million project to mitigate the impact of climate change in the country. The five-year project, spanning 2017-2022, is being implemented in 52 forest…
With the launch and introduction of Joybells in the table grape industry, South Africa’s profile as a serious table grape grower and supplier world-wide will be raised
The Agricultural Research Council (ARC), in partnership with the Sou…
DHL Global Forwarding, the leading provider of air, sea and road freight services has appointed Agnaldo Laice and Maureen Adibuah as Country Managers in Kenya
and Nigeria respectively. Both of them are industry veterans who possess strong…
MTN Group plans to raise about $500m from the sale of shares in its Nigerian business during the first half of the year, fulfilling the terms of a deal struck with the West African nation to settle a record fine, according to people famili…
A top delegation from Nissan headquarters in Japan has completed a working visit to Japan Motors Trading Company (JMTC) in Accra, as part of an inspection tour of its operations in Africa and to appraise its operations in the country.
T…
The owner of the Daily Mirror has agreed to buy the company behind titles including the Daily Express, the Daily Star and magazines such as OK!
Trinity Mirror is to pay £126.7m for the publishing assets of Northern & Shell, which is cha…
The General Secretary of the Industrial and Commercial Workers Union (ICU) has called on government to urgently stop the piracy of local textiles and influx of cheap foreign prints on the market to sustain the industry.
According to Mr.…
Bishop Richard Ahiagbedey, leader of the Adonai Ministries, says only a national development plan that captures the true aspirations of Ghanaians to create a nation of prosperity and inclusiveness.
“What we need now is an all inclusive …
Large corporate organisations and public sector institutions can receive instant payment electronically if they sign onto the e-bills pay system introduced by Ghana Interbank Payment and Settlement System (GhIPSS).
The e-bills pay, whic…
UK shares fell on Friday morning, but the declines were not as big as those seen in Asia and the US.
At midday, the FTSE 100 index was down 48.39 points, or 0.67%, to 7,122.30.
European markets picked up graver losses. Germany's Dax …
Five Ghanaian handicraft companies are to participate in the 2018 edition of the Ambiente Trade Fair in Frankfurt, Germany.
The fair, slated for February 9 to 13, has since 2011 provided the platform for Ghanaian handicraft exporters to…
The Bank of Ghana (BOG) has warned that the introduction of the deposit insurance scheme), which seeks to protect small depositors, will not absorb all the risks in the financial services sector.
Although the scheme is expected to…
Global Experts Release Guide on Fall Armyworm Management, a Critical Global Security Threat in Africa
The pest could cause extensive maize yield losses, estimated between $3.6 and $6.2 billion per year across the 12 major African maize …
The Nigerian Export-Import Bank (NEXIM) urges Small and Medium Entrepreneurs (SMEs) in Southeast and Delta States to Access N550 Billion Export Facilities
“…NEXIM Bank is determined to ensure these funds achieve the desired impacts of t…
Ghana remains a strategic market for Irish companies in West Africa, mainly in the food and beverage sector
Ireland has signed a Double Taxation Agreement with Ghana, an important step to increase trade with West Africa.
The Ag…
An estimated 19,000 children continue to serve in the ranks of armed forces and groups more than four years after conflict erupted in December 2013
More than 300 children, 87 of them girls, were released by armed groups in South Sudan t…
Companies like Google, Facebook, SEC2Africa and Oradian are identifying what could be the missing links in the digital ecosystem: knowledge transfer and face-to-face interaction
The international tech community is nurturing Africa&…
Mrs Cecilia Dapaah, the Minister of Aviation, said the Ministry was doing all it could to support Africa World Airlines (AWA) to meet increased domestic demand.AWA currently has to serve the entire domestic air transport market due to the …
US budget hawks have labelled a plan to hike defence and domestic spending by hundreds of billions of dollars as a debt-ballooning "monstrosity".
In a rare show of bipartisanship, Republican Senate leader Mitch McConnell and Democratic …
A banking consultant, Nana Otuo Acheampong, has cautioned that the introduction of the deposit protection scheme should not make the Bank of Ghana (BoG) renege on its supervisory role of protecting customer deposits.
He said although …
“We cannot grow the economy on our own and government does not have much to spend. That is why we need to rely on and/or increase foreign direct investment. Local content/participation is good but it’s about how you apply it and at what po…
Two financial infrastructures, the collateral registry and the Credit Reporting System, have the potential to improve access to finance for micro- small- and medium enterprises (MSMEs), which are critical to economic development, experts s…