The West Africa coast has undoubtedly a long and rich oil industry history spanning many decades. It is however pitiable that most energies have been trained on just getting the oil out as it yields quick and ready money, while a relativel…
Per Reuters, integrated oil giant BP plc BP along with its partner Kosmos Energy Ltd. KOS recently received five new oil blocks offshore Ivory Coast. The partners will work with state-run oil company, Petroci on these blocks.
The deal i…
SoftBank has taken a big stake in Uber
The deal values Uber at $48 billion
That's about a 30 percent discount from what the company was valued at last June
Uber and SoftBank have agreed to a long-awaited tender offe…
The Akatsi North district of the Volta Region has developed a crocodile pond at Ave Dakpa as part of efforts to exploit its tourism potentials for development. The pond is to be further developed into a “Crocodile View Resort” to place the…
In the last three years, you'd have been mostly better off with euros than with sterling or yen
Looking at the last week of trading of 2016 and the first week of 2017, the euro gave a 0.73 percent average return against the dollar
S…
The Ghana National Petroleum Corporation (GNPC) has won two awards, confirming its leadership role in Ghana’s Petroleum Sector and beyond.A statement issued by the GNPC, and copied to the Ghana News Agency, on Thursday, said The Majestic F…
U.S. oil prices hit their highest since mid-2015 on the final trading day of the year as an unexpected fall in American output and a fall in commercial crude inventories stoked buying.
In international markets, Brent crude oil futures a…
A forum to give the chiefs and people in the Atwima-Nwabiagya District sufficient insight into how funds meant to transform their lives are being spent has been held at Abuakwa.
It was organized under the theme “Improving citizens’ part…
Apple has apologised after facing criticism for admitting it deliberately slows down some ageing iPhone models.
The company now says it will replace batteries for less and will issue software in 2018 so customers can monitor their phone…
Companies and organisations are being encouraged to use less of cheques and more of the Automated Clearing House (ACH) for payments in the coming year. A statement signed by Mr Archie Hesse, the Chief Executive of Ghana Interbank Payment a…
The Commission on Human rights and Administrative Justice (CHRAJ) has cleared the Minister of Finance (MOF), Mr Ken Ofori-Atta, of allegations of conflict of interest in the issuance of some bonds.
The Commission, however, after its inv…
Whether you call yourself a freelancer, a sole proprietor, or an independent contractor, you’re part of today’s hottest workforce trends. Some 57.3 million Americans currently freelance, according to a study by Edelman Intelligence, and by…
Every business should take advantage of Facebook's Pages feature. Pages are like a profile just for your business, and there are many reasons you should be using one already. Pages show up on search engines very quickly, so if you are tryi…
The government must intervene to stop automation driving up wage inequality, a think tank has warned.
The Institute for Public Policy Research said robots would not necessarily be bad for the economy.
However, it warned lower-skilled…
Apple and Amazon are in licensing discussions with Riyadh on investing in Saudi Arabia, two sources told Reuters, part of Crown Prince Mohammed bin Salman’s push to give the conservative kingdom a high-tech look.
A third source confirme…
Government has paid over one billion Ghana Cedis within the past 11 months to road contractors as outstanding arrears for work executed during the previous government’s era, Mr Kwesi Amoako-Atta, the Minister of Roads and Highways, has dis…
The average dealer incentive on new vehicles is at about $4,300, an all-time high.
The biggest discounts are on 2017 models, especially sedans.
Consumers with great credit could also get zero percent financing on some models.
…
The National Commission for Civic Education (NCCE) Krachi East District with support from the Ghana Revenue Authority has carried out tax education in communities across the District to get everybody to honour their tax obligations.
The…
The Ghana Stock Exchange (GSE) on Wednesday said it was taking actions against some non-performing listed companies in line with its listing rules for poor financial performance and inability to hold annual general meetings.
In a statem…
The Ahafo-Ano South District Assembly as part of its aggressive push to support the growth of small and medium enterprises in the area has decided to establish as business resource centre.
Mr. Joseph Agyemang Dapaah, the District Chief …
As of the end of November 2017, a total of 7.3 million metric tonnes of cargo had passed through the Takoradi Port as against six million metric tonnes in 2016, representing a 1.3 metric tonne increase.
Captain Ebenezer Afedzi, Director…
Reverend Emmanuel Kwabena Mustapha Founder and Executive Director of Missions Resource Centre Yendi has called on Ghanaians to eschew corruption for sustainable economic growth of the nation.
He indicated that there was the need for Gha…
The Ghana National Petroleum Corporation (GNPC) has honoured Mr Edward Ababio, for the key roles he played leading to the discovery of oil in commercial qualities in Ghana, ten years after the feat.
Mr Ababio presented the first oil fr…
The Ghana Highways Authority (GHA) is set to introduce point of sale devices at toll booths in the country.
A point of sale device is an electronic gadget used to process payments at retail locations by recording transactions done a…
African bonds outperformed emerging-market average this year
Key challenges lie ahead, with IMF warning of credit risks
Cyril Ramaphosa Faces Challenge in Reforming ANC
For bond investors, Africa’s been a happy hun…
A country may be endowed with the most sought after natural resources but when its benefits do not reflect in the lives of its people, it will be met with an open expression of anger when issues of the role of resources in national develop…
Smallholder poultry farmers across three selected regions – Ashanti, Greater Accra and Brong-Ahafo are to benefit from free veterinary services under the Ghana Poultry Project (GPP).
One hundred and sixty-six (166) community animal heal…
Glico Healthcare, a leading private health insurance company in Ghana, has been adjudged the third fastest growing company at the just ended Ghana Investments Promotions Centre’s 2016 Ghana Club 100 Awards Ranking.
Glico Healthcare is r…
The Millennium Development Authority (MiDA) is now ready to receive Proposals from bidders detailing how they plan to manage, invest in, and operate the assets of the Electricity Company of Ghana, (ECG) to improve the financial and operati…
Tanusree Chaudhuri, 34, was pregnant with her first child when her supervisor told her she would have to give up her dreams.
She was doing a doctorate in computational biology and aspired to improve people's health.
"He told me 'you …
Mrs Hannah Owusu-Koranteng, the Associate Executive Director of Wacam, has said it is wrong to assume that because the large multinational mining companies are regulated, their activities do not destroy the environment.
She said the sca…
The National Commission for Civic Education (NCCE) in Central Gonja District of the Northern Region said residents must endeavour to pay their tax to better position them to demand accountability from public office holders.
The NCCE sai…
The government is set to embark on an investment campaign of Asia in January next year.
The campaign, dubbed the “Asia Deal and No Deal Road show”, is expected to match local businesses with Asian investors to draw investments into the …
Parliament has passed the Framework Agreement between the Government of Ghana and the Government of the Republic of Mauritius for the development of technology and business parks in Ghana.
The Framework Agreement has, as part of its ter…
The World Bank, through its International Development Association (IDA), has approved a credit facility of US$200 million to support the country.
The amount will be used to strengthen the country’s institutions, improve competitiveness …
Mining and metals stocks may not be as hot as tech or blockchain, but they're strong positions to hold moving into 2018, according to Credit Suisse analysts in a Dec. 21 note.
Steel price momentum will continue on a positive trajectory …
After my post “Ride the bitcoin wave with these 11 cryptocurrency-related stocks,” I continue to receive requests for more bitcoin BTCUSD, -12.52% and bitcoin-related stocks. The reason is that some of the stocks mentioned have done extre…
Mr Henry Ayinemi Atampugbire, the Upper West Region Commander of Customs Division, Ghana Revenue Authority, has expressed worry over wanton abuse of Temporary Vehicle Importation (TVI) system leading to mass revenue leakages.
The TVI sy…
The West Africa Network for Peace Building (WENAP) has expressed concern about the recurring confrontation and conflict between mining companies and the mining communities.
Mr. Albert Yelyang, its National Network Coordinator, said that…
MTN Ghana has emerged the PR organization of the year in the telecommunications sector for the third consecutive time at the just ended 6th IPR awards in Accra. The event was organized under the theme “Deriving Value from Values.”
At th…
Sir James Dyson has settled a dispute with the chief executive he sacked in October for allegedly stealing Dyson company secrets.
I understand that Max Conze, sacked abruptly by Dyson in October for a series of alleged "breaches", recei…
Mrs Mawusi Nudekor Awitey, the Executive Director of the National Vocation Training Institute (NVTI), has said there is the need for the country to make a paradigm shift in its economic policy towards one that hinged on expanding value add…
The District Chief Executive (DCE) of Ningo Prampram, Mr. Jonathan Teye Doku says the Assembly will industrialize the District as a way of boosting economic activities.
He says as part of the city extension programme, there is a place …
The Food and Agriculture Organisation (FAO) says the business opportunities in their Sector could create about 80 million jobs in the Sustainable Development Goals (SDGs) by 2030.
Dr Abebe HaileGabriel, the FAO Representative to Ghana, …
In 2018, the Ghana Cocoa Board (COCOBOD) would continue to pay for the scholarship for students in Senior High Schools (SHS) in the second and third years.
However, the scholarship would be phased out when they complete their secondary …
Mr Dan Kwaku Botwe, Member of Parliament for Okere, has said there is the need for more attention to be given to the Technical Vocational Education Training (TVET) sector to help address the high rate of unemployment in the country.
He …
Public sector borrowing fell to £8.7bn in November, down £0.2bn from year earlier, partly thanks to higher income tax receipts, official figures show.
The figure leaves borrowing for the financial year to date at £48.1bn.
That is the…
Online platforms offering rentals or shares in everything from glitzy watches to sports cars are making inroads in the luxury goods market, as a shift in consumer habits begins to head up market.
Playing off the sharing economy model po…
France’s competition authority fined U.S. healthcare group Johnson & Johnson 25 million euros ($29.6 million) on Wednesday after it ruled the company had deliberately slowed market access to generic copies of its painkiller Durogesic.
D…
Subscription music leader Spotify is set to capitalize next year on the rude health of the industry with a stock market flotation, even as competitors race to find fresh ways to outflank it by catering to often fickle consumer tastes.
A…