The mobile games developer behind Angry Birds expects to be worth about $1bn when it lists on the stock market.
Rovio has set a range for its share sale that would value the business at between 802m euros and 896m euros ($960m-$1.07bn; …
Cocobod is to use its 70th anniversary to highlight the nutritional benefits of cocoa, to promote increased local consumption. Mr. Noah Kwasi Amenya, the Senior Public Affairs Officer, said the event would coincide with the National Cocoa…
The Ghana Revenue Authority (GRA) Customs Division has taken delivery of two Mobile Laboratory Vans to combat illicit trade, anti-smuggling operations as well as protect consumers from harmful goods.
The Mobile Lab which is expected to …
The pound has hit its highest level against the dollar since the Brexit vote after a senior Bank of England official fuelled speculation it could raise rates in the coming months.
Gertjan Vlieghe, who has previously argued against a rat…
The first edition of the Ghana Motor Show, which seeks to promote partnerships between foreign and local companies in the auto industry has been officially opened at the Accra International Trade Fair centre.
Managing Director of Orange…
The spice saffron, as well as being famously expensive, is packed with antioxidants. It is said to help combat depression and lower blood pressure, to soften your skin and hair and is essential in a broad range of dishes from Swedish buns …
The National Investment Bank Limited (NIB) has explained that it was not being taken over by the GCB Bank, a statement issued by the Board of Directors of the bank has said.
Below is a copy of a statement
National Investment Bank Li…
China’s big push towards new-energy vehicles (NEV) will require government backing to win over consumers, Mary Barra, chief executive of General Motors Co, said on Friday, amid broader industry concerns over tough NEV quotas in the market.…
Vodafone Ghana has partnered Facebook and Google to register 1,000 small scale businesses online. This is part of efforts to empower businesses to take advantage of the benefits of social media in becoming successful entities.
The initi…
In the past, before the implementation of the current pension reform about a decade ago, several concerns were raised, with agitations by public sector workers over inadequacies in the country’s pension schemes.
The key public sector pe…
The Allied exchange Africa, in collaboration with Global Tech Solutions has launched a platform that allows customers to transfer money from one mobile money account to another on a different network, with or without internet access.
Du…
Stakeholders in the cassava value chain on Tuesday converged in Accra to deliberate and validate a proposed High Quality Cassava Flour (HQCF) inclusion policy report.
The policy report validation is under the Ministry of Food and Agricu…
The United Kingdom-Ghana Chamber of Commerce (UKGCC) has marked one-year of operations in Ghana. It also used the occasion to introduce its new High Commissioner, Mr Iain Walker.
Taking over the ambassadorial position from Jon Benjamin …
The Ghana National Petroleum Corporation (GNPC) has, upon the approval of the board, concluded negotiations of a Gas Sale and Purchase Agreement (GPSA) with Gazprom.
The agreement is based on the supply of Liquefied Natural Gas (“LNG”),…
Tamale, the Northern Regional capital, is to host this year’s World Tourism Day and the Northern Ghana Tourism Investment Summit from September 25 to 27, 2017 to open up the tourism sector in the area for investment.
The event, which is…
The Trump administration has barred the sale of a US technology firm to a Chinese-backed company, citing national security risks.
Since November, Chinese-backed Canyon Bridge Capital Partners has been seeking approval for a $1.3bn (£984…
The International Trade Union Confederation (ITUC) has held a meeting in Accra to discuss fair recruitment issues in relation to labour migration.
Organised with support from the Friedrich Ebert Stiftung (FES), the two-day meeting delib…
Financial institutions have been encouraged to take advantage of the enormous opportunities offered by modern technology to achieve efficiency and optimal returns.
Mr. Edward Aikins, Head of Vodafone Ghana’s Enterprise Products and Prop…
Mr Charles Kofi Adu Boahen, a Deputy Finance Minister, has called for innovative insurance structures and products that are better suited for the Ghanaian market instead of a replication of products and services from the advanced countries…
Qatar has used $38bn (£29bn) to support its economy during a dispute with other Arab states, a rating agency says.
The trade, tourism and banking sectors have been worst hit by the restrictions put in place since June by Saudi Arabia, t…
Nana Dr Appiagyei Dankwawoso I, President of the Ghana National Chamber of Commerce and Industry, has said the Continental Free Trade Area (CFTA) would provide a single economic space with harmonized trade policies and regulatory framework…
Mr Alan Kyeremanteng, the Minister of Trade and Industry, has said the African continent is destined to capture the biggest consumer market size in the world by 2050.
He said it is for this reason that the nations on the continent shoul…
Vocational Training for Females (VTF), has provided business start-up equipments worth GHC 50, 000 to hairdressers, dressmakers and tailors and caterers in the New Juaben North and South constituencies as part of its effort to reduce youth…
The Bank of England has said that higher inflation and a pick up in growth could lead to a rate hike in "the coming months".
Members of the Bank's nine-strong Monetary Policy Committee voted 7-2 to keep interest rates on hold at 0.25%.
…
The bid by 21st Century Fox to buy Sky will be referred to competition regulators in the "coming days", Culture Secretary Karen Bradley has confirmed.
The deal is facing a much fuller examination than initially expected.
It will be a…
Japan's Prime Minister Shinzo Abe has launched work to build India's first high-speed train in Prime Minister Narendra Modi's home state of Gujarat.
Mostly funded by a $17bn (£12.78bn) loan from Japan, the bullet train will run between …
Cocoa traders who sell to big brands like Nestlé, Mars and Hershey's are buying beans grown illegally in protected forests in the Ivory Coast, The Guardian news site reports.
These so-called dirty beans are then mixed with 'clean' beans…
The Ghana Export Promotion Authority (GEPA) has identified 11 priority products to enhance Ghana’s export cash flow. The products include tubers, aquaculture, services, handicraft and a focus on the authority’s 10-year development programm…
The Mponua Rural Bank Limited made a profit after tax of GH¢844,471 in 2016 as compared to GH¢604,586 in 2015, representing 39.68 per cent increase.
Total assets rose from GH¢ 15,109,896 in 2015 to GH¢18,903,361 in 2016 representing 25.…
PricewaterhouseCoopers (PwC) has explained that no funds have been set aside for employee severance payments for the 1356 staff of the defunct UT Bank and Capital Bank whose employment automatically terminated on August 14, 2017 following …
The acting Executive Director of the Ghana Standards Authority (GSA), Professor Alex Dodoo, says he supports the production of marijuana for export, since the herbs are used for medical purposes abroad.
Sharing his perspectives on the u…
A stronger US economy lifted American household incomes last year and drove the poverty rate down to the level seen before the financial crisis.
The median household income increased by 3.2% to $59,039 (£44,480), rising for a second con…
The Metro Mass Transit (MMT) terminal in Kumasi is to undergo massive renovation to bring comfort to people, who have been patronizing the services of the company.
This comes amid growing public complaints and dissatisfaction with the s…
Ghana's tourism industry received recognition last Monday at an Africa Travel Market Conference underway in Nigeria where the country picked 10 awards in the travel and tourism sectors.
Ten women, including the Minister of Tourism, Cult…
Mrs Comfort Ocran, the Chairperson of the Youth Sector Engagement Group (Y-SEG), a policy advocacy group, said Ghana needed to expand economic opportunities for its young people to ensure sustainable and equitable growth.
She said it wa…
As consumers consider whether to spend big on the new $999 iPhone X, Apple isn't the only company hoping for a sales boost.
A global chain of components and technology suppliers are used to build Apple's smartphones.
The tech giant h…
Dr Dimitri Sanga, Director of Economic Commission for Africa's (ECA) Sub-Regional Office for West Africa, has said its data collection and analysis processes meets all international standards and best practices.
He said "we work with p…
Mr Alan Kyeremanten, the Minister of Trade and Industry has said that the Continental Free Trade Area (CFTA) has become an extremely important strategy for development across the regions of the world.
He said this was as a result of the…
Standard Chartered Bank has reiterated its unflinching commitment to the digital journey to meet the changing needs of customers across Africa, saying the agenda is huge and on course.
Mr Jaydeep Gupta, the Regional Head, Retail Banking…
UK unemployment fell by 75,000 in the three months to July, bringing the jobless rate down to 4.3% from 4.4% in the previous quarter.
The rate remains at its lowest since 1975, but a squeeze on real incomes continues, according to the O…
PricewaterhouseCoopers has disengaged with the services of all staff of the defunct UT Bank and Capital Bank.
This however, paves the way for GCB Bank to re-negotiate their terms of engagement.
Already GCB has explained that it would…
A-list celebrities came out in droves on Monday night to take part in the "Hand in Hand" hurricane relief benefit, which raised more than $44 million for the victims of Hurricanes Harvey and Irma.
During the telethon, Stephen Colbert an…
The Ghana Chamber of Mines, the umbrella body that speaks for mining companies in the country has commended Golden Star Resources Limited for operating 9.1 million man-hours without a “Lost Time Injury” (LTI) at its Bogoso mine.
The maj…
The capital requirement is the minimum amount of capital a bank or other financial institution has to hold as required by its financial regulator.
A bank’s capital adequacy ratio on the other hand is expressed as a ratio of equity as a …
Ghanaian business people will meet their South African counterparts tomorrow to network and explore business opportunities that exist in both countries.
The event, which is being organised by the Ghana-South African Business Chamber (GS…
The Vice President, Dr Mahamadu Bawumia, has disclosed that revenue at the port increased from GH¢130 million in the first week of September 2016, to GH¢ 213 million in the same period for 2017.
He said the introduction of the paperless…
Agapet Limited was set up in 2002 and commenced operations in 2003. It emerged during a period of indigenisation of the petroleum downstream sector in Ghana during which a number of indigenous companies were licensed to operate in the sect…
The chief of Abronsanase, a predominantly cocoa growing community, has called for punitive sanctions against cheating Purchasing Clerks (PCs) of the Licensed Buying Companies (LBCs).
Nana Gyekye Lartey complained about the situation, wh…
On Friday, August 25, 2017, the President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo, launched the government’s flagship programme dubbed “One-District, One-Factory” at Ekumfi in the Central Region. The launch marked the formal …
The National Labour Department (NLD), one of the major arms of the Ministry of Employment and Labour Relations, has over the years played a critical role in providing critical human resource needs for the public sector and even the private…