Nigeria has set out its budget for 2018, aimed at helping the economy recover from its first recession in 25 years.
President Muhammadu Buhari announced a record budget of 8.6 trillion naira (£21.4bn) to modernise its infrastructure.
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The auction of a three-year dollar denominated domestic bond of the government issued on Monday, November 6, 2017 in Accra, is expected to be opened to both resident and non-residential Ghanaian investors price guidance to be announced to…
The Forestry Research Institute of Ghana (FORIG) says, it is ready to provide strong support for the smooth implementation of the national plantation strategy, developed by the government.
Professor Daniel Aniagyei Ofori, the Director, …
A seminar for Small and Medium scale Entreprises organised by CoinBox under the name Streetwise SME Seminar took place at the Britih Council on 6th November, 2017.
In a detailed presentation on the topic "The Entrepreneurial Journey", P…
Japan's Nissan has reduced its full-year profit forecast as a safety inspection scandal hit earnings.
The carmaker expects operating profit of 645bn yen ($5.7bn; £4.3bn) for the year to March 2018, down from previous guidance of 685bn y…
Max International Ghana, producers of wellness and weight-loss supplements and products, has marked its three years of operations in Ghana, with its Chief Executive Officer, Mr Joe Voytickyj, disclosing that the company has paid over GH?60…
The European Union (EU) has lifted the ban on vegetable exports from the country into the EU market after satisfying itself with the country’s phytosanitary requirements.
The five Ghanaian plants which were banned three years ago are …
More than 1,000 Ghanaians are to benefit from an accelerated oil and gas capacity (AOGC) programme annually to empower them to secure jobs in the oil and gas sector.
Under the programme which was launched in Accra on Tuesday, 200 small …
Ghana will receive €100 million this year from the German government under its 'Compact with Africa’ Programme to support the country’s renewable energy sector.
Germany is providing the funding through its technical cooperation agency, …
An agronomist, Dr, Abu Sakara Foster, has said the government should give a lot more attention to the establishment of large commercial farms to accelerate the growth of the Agric sector.
He said there was the need to encourage large-sc…
Petrosol, an indigenous privately owned Oil Marketing Company (OMC), has organised safety training in Accra for its staff.
It is to equip them with skills to manage their operations in a safe manner to ensure that lives and property are…
The Chief Executive Officer of the Savanna Accelerated Development Authority (SADA), Mr Charles Abugre, has appealed to the government to consider some preferential policies for the agricultural sector in the northern savannah zone of the …
Associated British Foods (ABF) said its annual profits surged, buoyed by growth at its Primark clothing chain and a recovery in its sugar businesses.
The food-to-fashion group said adjusted operating profit rose 22% to £1.36bn in the ye…
The Africa Centre for Energy Policy has introduced a new digital platform to help encourage tax compliance among the citizenry.
Dubbed: “Opentaxghana,” the platform seeks to promote voluntary compliance on the part of the public by prov…
Eurozone retail sales grew in September, buoyed by sales of clothing, food and tobacco.
Eurostat, the European Union's statistics office, said retail sales in the region rose 0.7% month-on-month and 3.7% year-on-year.
The figures ecl…
The Accra Metropolitan Assembly (AMA) has engaged the Land Valuation Division of the Land Commission to re-value all properties in the metropolis to help maximise revenue for development of the city.
Mr Mohammed Adjei Sowah, the Accra M…
The Academy of Economists and Investment Bankers, a subsidiary body of the Bastiat Institute Ghana has pledged to complement the investment market with deep research and data analytics to boost investor’s confidence.
Professor E. Tweneb…
ATM fees are no tiny surcharge: they're now nearly 5% of every $100 you withdraw.
For the 11th year in a row, ATM fees have hit a record high in Bankrate.com's annual study of checking accounts throughout the U.S. The average total cost…
ENI, an Italian oil and gas multinational, says it will build a 20-megawatt (MW) solar photovoltaic power plant in Tamale in the Northern Region.
The company is also conducting a feasibility study on a floating photovoltaic plant in the…
MTN Group Ltd. is seeking to challenge rival Vodacom Group Ltd. as Africa’s biggest digital bank by tripling its customer numbers within three years.
Already the continent’s biggest mobile-phone company by subscribers, Johannesburg-base…
As a result, the perpetrators are making enormous profit without honouring their tax obligations to the government.
This was disclosed by the Deputy Minister of Energy, Dr Mohammed Amin Adam at the GOIL Dealers and Trade Area Awards las…
The refusal of state security agencies to patronise the boots and shoes produced by the DIHOC Footwear Division Limited (formerly Kumasi Shoe Factory) is negatively affecting the operations of the company.
The agencies — the Ghana Armed…
A United States-based body of business professionals, the National Black Masters of Business Administration Association (NBMBAA), a network of business professionals, has expressed interest in investing in Ghana.
The association has ide…
The Sekondi -Takoradi Metropolitan Assembly together with Friends of the Nation have hosted communities and other stakeholders within the Metropolis to discuss the Assembly’s draft Medium Term Development Plan.
The discussion and public…
Odebrecht Engineering and Construction International, a global organization and a very socially-responsible corporate citizen, has won the Corporate Social Responsibility (CSR) Engineering Company of the Year at the Ghana CSR Excellence Aw…
The Ghana cedi is seen flat this week as dollar inflows continued to thin out amid a week-long sale of a six billion cedi ($1.36 billion) government-sponsored energy bonds that ended on Friday, analysts said.
The cedi, which has been fa…
Mr Rockson Kwesi Dogbegah, Chairman Association of Ghana Industries (AGI) Construction Sector, has called on Government to pass the Construction Industry Development Authority (CIDA) bill to regulate activities in the construction industry…
Traders in Mankessim in the Mfantsiman Municipality of the Central Region have expressed hope and optimism about increased sales returns during this yuletide.
According to them, last year's sales dipped due to the political tension and …
Ms Esther Cobbah, the Chief Executive Officer of Stratcomm Africa, was adjudged the 2017 Corporate Social Responsibility (CSR) CEO of the year at the Seventh Ghana CSR Excellence Awards organized by the Centre for CSR, West Africa.
A st…
Finance Minister Mr Ken Ofori-Atta has inaugurated the Multi-Agency Petroleum Revenue Committee (MAPREC) to coordinate the efforts of state institutions in the oil and gas sector in order to improve petroleum revenue collection.
The Com…
Government has secured funding from the Saudi Arabian government for the construction of 20 technical arts schools in all the regions of the country.
Professor Kwesi Yankah, Minister of State in Charge of Tertiary Education, said this a…
A huge new leak of financial documents has revealed how the powerful and ultra-wealthy, including the Queen's private estate, secretly invest vast amounts of cash in offshore tax havens.
Donald Trump's commerce secretary is shown to hav…
The Bank of Ghana (BoG) has given approval for the merger of Bayport Financial Services and its sister company, CFC Savings and Loans Company Limited.
This was after the two companies fulfilled all the necessary requirements and process…
U.S. job growth accelerated in October after hurricane-related disruptions in the prior month, but a sharp retreat in annual wage gains and surge in the number of people dropping out of the work force cast a cloud over the labor market.
…
The Asante Akyem Rural Bank continues to make strong progress with all the growth indicators showing positive. Its profit before tax rose to GH?1.168 million, last year, from the 2015 total of GH?1.036 million, representing an increase of…
The Chief Justice Sophia A.B. Akuffo on Thursday reiterated the commitment of the judicial service to continue with bold reforms to help transform the justice delivery systems and to support the ease of doing business.
Speaking at a mee…
When Saed Mohamed, a young entrepreneur from Somalia, pitched his online shopping business Muraadso as part of an East African start-up competition in 2015, he was prepared for rejection.
And rejection is what he got.
Abdigani Diriye…
Now the Bank of England has raised interest rates for the first time in a decade, it is beyond doubt major central banks in industrialized economies are eager to shift away from ultra-easy policy.
But the fact the decision was so contes…
Shares in Air France-KLM, Europe's second-biggest airline, retreated on Friday as concerns about its cost cutting targets overshadowed higher third quarter profits.
The shares initially rose more than 5 percent on news that operating pr…
Asanko Gold Mine, a mining company operating in the Amansie West, has established strong community presence to remove any tension and conflict with the people.
It has been assisting to grow local businesses and create jobs by outsourcin…
Chief Teete Owusu-Nortey, a Fellow of Chartered Institute of Logistics and Transport, CCILT) and Chief Executive Officer of Logistics Movers has been re-appointed as the International Vice-President of the institute.
The Institute, whic…
Ghanaian youth have been encouraged to take advantage of employable skills training programmes, rolled out by the government, to improve their economic situation.
Mr. Pius Enam Hadzie, Deputy Youth and Sports Minister, said the goal of…
Government would build the capacity of staff of the Gaming Commission in monitoring and investigation to make them effective and efficient in the discharge of their duty.
Mr Ambrose Dery, the Minister of Interior, Thursday said governme…
The responsibilities of owning and operating a small business can be overwhelming at times. Every decision - from choosing printer paper to putting together a budget, creating a business plan, and looking for funding - is yours and yours a…
Chinese e-commerce giant Alibaba has beaten market expectations with a huge jump in quarterly revenues fuelled by online shopping.
Revenues for the three months to September rose 61% on the same period a year earlier, to 55.1bn yuan ($8…
MTN Ghana has announced the reintroduction of the ‘Allow Cash-Out’ feature on its Mobile Money Platform to enhance customer security for withdrawal transactions.
Starting November 4, 2017, customers will see the “Allow Cash-Out” feature…
The Centre for Sustainable Rural Development (CESRUD), a Non- Governmental Organization (NGO), working at Sumbrungu in the Upper East Region has supported and empowered over 80 women groups in income generating activities.
CESRUD is a v…
Silver Star Auto Limited (SSAL) has won a top award from Suzuki Motor Corporation for its exceptional commitment to after-sales training and support.
At the just ended Suzuki Motor Corporation Award in India organised for Suzuki distrib…
Toyota Motor Corp (7203.T), Japan’s biggest automaker by volume, has fallen to the No. 3 spot among Japanese automakers in China, due to lack of presence in a key segment – a situation experts say will likely prevail well past the middle o…
The Former Managing Director (MD) of the Graphic Communications Group Limited, Mr Ken Ashigbey, has underscored the need for the implementation of policies to boost the agricultural sector.
He noted that the agricultural sector was a ke…