The Bank of Ghana is seeking to auction a total of $125,000,000 for the fourth quarter of 2019; spanning October to December.
The exercise is expected to be carried out in five tranches covering the three months.
For each tranche, …
Performance was mixed across sector indices. Ecobank Ghana moderated by 0.25% to inch the GSE Financial Index down by 1.17 points (-0.06%) to close at 1,862.93 with a -13.50% year-to-date return. Fan Milk (0.67%), the sole gainer at the se…
Barclays Bank Ghana has indicated that its transitioning to Absa will provide enormous opportunities for the Ghanaian youth to develop their skills and improve their employability prospects.
Engaging over 600 tertiary students on its Re…
Western Union, a leader in cross-border, cross-currency money movement and payments, has collaborated with AirtelTigo Money (ATM) to enable Ghanaians to receive international money transfers through Western Union directly into AirtelTigo M…
The panelists agreed that it is important to look at African countries individually and study their geological terms in comparison to their fiscal terms
Casting a spotlight on exploration and production in Africa’s oil and gas sector, t…
The US contribution will allow WFP to increase access to fresh fish produced in the world’s first fish farm in a refugee camp
The United Nations World Food Programme (WFP) welcomes a contribution of US$560,000 from the US State Depa…
“Praye, se woyi baako a na ebu: wokabomu a emmu” – When you remove one broomstick it breaks but when you put them together they do not. This often repeated Akan proverb is relevant today because there’s no time like now to take stock, and …
Initiatives to empower poor people, girls and women are essential to progress
Growth in Sub-Saharan Africa remained slow through 2019, hampered by persistent uncertainty in the global economy and the slow pace of domestic reforms, accor…
The UK's economy is expected to avoid a recession after showing better-than-expected growth in the three months to the end of August.
The Office for National Statistics said the economy would now have to shrink sharply in September for …
The Attorney-General has charged a former Chief Executive Officer (CEO) of the defunct Capital Bank, William Ato Essien, for his alleged role in the collapse of the bank.
In its first criminal action to hit a top executive of one of…
John Vincent took over as CEO of the fast-food chain Leon five years ago. He saw himself as a general, leading his staff into battle. All that did was to increase his stress levels and those of everyone around him. Then he discovered the m…
Springfield Exploration and Production Limited (SEP), an Independent Ghanaian energy company drilling in Deepwater offshore Ghana, on Monday October 7th spudded its Afina-1x well in the West Cape Three Points Block 2.
This is the first …
Mr Yakubu Osman, the 2017 National Best Cocoa farmer, has expressed gratitude to the government for increasing the producer price of Cocoa from GHS 475.00 to GHS 515.00 per bag.
He also commended the COCOBOD for introducing a good num…
The Ministry of Inner-City and Zongo Development, in collaboration with the Business Development Ministry, is to launch a Zongo Business Promotion programme to create jobs for the Zongo communities.
Dr Mustapha Hamid, the Inner-City and…
The President Nana Addo Dankwa Akufo Addo has directed the Minister of Finance and Economic Planning, Mr. Ken Ofori-Atta to release GHC2.2 billion to pay road contractors working on various roads in the country.
Mr Kwasi Amoako-Atta, th…
The Tema West Municipal Assembly (TWMA) is wooing investors to join it construct a befitting ultra-modern market for residents of Tema Community Five and its environs.
The current Community Five market which is a pale shadow of itself,…
Voltic Ghana Limited, producers of Voltic Natural Mineral Water (Voltic), has introduced a new twisted bottle as part of its goal to drive home the recycling message and remain eco-friendly.
The new twisted bottle, which has seven per…
The Tree Crop Development Authority (TCDA) Bill will be passed by Parliament to receive Presidential Assent by the end of this year, Dr Owusu Afriyie Akoto, the Minister of Food and Agriculture, has said.
The Bill, when passed into law,…
The new head of the International Monetary Fund has warned that Brexit in whatever form will be "painful", adding to the effects of a global slowdown.
Kristalina Georgieva said the split will hurt not only the UK and European Union, but…
WHAT: 2019 AFRICA INVESTMENT FORUM
WHO: AFRICAN DEVELOPMENT BANK, PARTNERS
WHEN: 11-13 NOVEMBER 2019
WHERE: SANDTON CONVENTION CENTRE, Johannesburg, South Africa
The seco…
The benchmark index, closing at 2,189.25 (-0.91%) with a -14.89% year-to-date return was weighed down by downward price movements in the banking and telecom sectors while market capitalization declined by 0.37% to settle at GH¢56.10 billio…
The Chief Executive Officer of the Chamber of Bulk Oil Distribution Companies (CBOD), Mr Senyo Hosi, has blamed the largely poor state of state-owned enterprises (SoEs) on the extension of partisanship into the management of the firms, and…
A high-powered delegation from the Export and Import (EXIM) Bank Ghana, one of the major funding banks of the government’s flagship programme, One-district, One-factory (1D1F), has paid a working visit to two of the projects in the Centr…
Mavenir Introduces Mobile Business Fabric™ to Transform Business Communications for Deskless Mobile Workers
Enables communications service providers and partners to deliver disruptive mobile-native user experiences that allow businesses t…
The 12th Conference on Asphalt Pavements for Southern Africa (CAPSA) is due to take place on 13?16 October 2019 at Sun City Resort. This year’s theme is Leadership and innovation to preserve and enhance the value of the region’s roads with…
Airtel Africa Announces Partnership with Mastercard to Transform Digital Payments Landscape and Connect 100 Million Consumers in Africa
Partnership will connect millions of Airtel Money customers to a global online market place, across…
Malawi: The African Development Bank approves $13.2 million for sustainable fisheries, aquaculture development and watershed management
The African Development Bank Group has approved a $13.2 million financing package from the African D…
Energy Summit in Senegal to bring together key investors and African power utilities to enhance the energy mix in West Africa
The 4th annual Regional Energy Summit: West Africa (RES: West) will arrive for the first time in Dakar, Senega…
Nigeria is the second biggest oil-rich country in Africa, after Libya
Estimated to hold 37 billion barrels of proven oil reserves, Nigeria is the second biggest oil-rich country in Africa, after Libya. The exploitation of these resource…
Food and Agriculture Organization (FAO) Director-General highlights importance of a crop that is “more than just a commodity”
Managing trade policy and climate risks are critical to supporting the more than 25 million farmers who grow c…
Nuage Networks’ SD-WAN 2.0 will provide virtual business connectivity services to Batelco’s enterprise customers in Bahrain and the international markets
The industry’s leading SD-WAN solution will enable Batelco to provide software-d…
Productivity in the UK fell at its fastest annual pace in five years in the April-to-June quarter, according to the Office for National Statistics.
The figure - measured by output per hour - fell by 0.5%, after two previous quarters of …
The Maritime and Dockworkers' Union (MDU) of the Ghana Trades Union Congress (TUC) says the Meridian Ports and Services (MPS) has taken over handling of reefer containers at the expense of Ghana Ports and Harbours Authority (GPHA) revenue …
GOIL Company Limited, the nation's foremost indigenous Oil Marketing Company has been inducted into the prestigious Hall of Fame category 2018 after chalking four successive feats as CIMG Petroleum Company of the Year in 2015, 2016 2017 an…
Structural transformation of African economies would best be achieved on the development of home-grown policies and strategies that spur growth of production in various sectors.
Dr Arkebe Oqubay, Minister and Special Assistant to the Pr…
The Nzema Manle Rural Bank Limited in the Western Region has exceeded the Bank of Ghana's (BOG) minimum capital requirement of GHC1,000,000.00 by Ghc0.16 million.
"I wish to state that Nzema Manle Rural Bank Limited met the required cap…
Huawei's global flagship store opened in the heart of Shenzhen's vibrant MixC World and it is Huawei's first direct-sale store in the world.
A statement copied to the Ghana News Agency said the shop adopts the design concept of "City Sq…
Immediate digitalisation is inevitable to making rural and community banks (RCBs) more robust for survival within the changing dynamics and trends in the banking industry.
Mr Kojo Mattah, the Managing Director of the Association of Rura…
Weekly Highlights
Interest rate on the 91-Day T-Bill trimmed by a basis point.
Accra Bourse extended bearish run into the new month.
Ghana cedi outmuscled the Euro but depreciated against the US dollar and British pound.
Global…
The Minister for Lands and and Natural Resources, Mr Kwaku Asomah-Cheremeh has urged the identification of ways that African regions can leverage on their resources for optimal socio-economic growth and development for the benefit of their…
Celebrating 25 years of Being Good Together
Johannesburg - MTN Group today launched its “We’re good together” initiative. This is aimed at demonstrating how, in partnering with our host countries, we can change lives by improving digita…
The tool includes key environmental and urban sustainability indicators as well as disaster risk and vulnerability, and urban footprint growth
“The urban opportunities far outweigh the challenges,” said Prof. Davis G. Mwamfu…
The Managing Director for Vivo Energy Ghana ( Shell's exclusive licensee in Ghana) , Mr Ben Hassan Ouattara has described the Shell Club Loyalty Program as a big innovation in the oil industry in Ghana at a media engagement in Accra.
…
On June 30, British bank NatWest (RBS.L) sent out an arcane-sounding press release - bus operator National Express (NEX.L) had become the first company to take out a loan based on Sonia, a replacement for scandal-hit interest rate benchmar…
The Executive Director of the Institute for Democratic Governance (IDEG), Dr Emmanuel Akwetey, has called on political parties to focus on development issues instead of their over-concentration on how to win elections.
He said while t…
U.S. stock index futures dipped on Monday as investors braced for U.S.-China trade talks later in the week, after a rollercoaster week that sparked fears of a recession in the world’s largest economy.
Chinese officials signaled they wer…
Vice President Dr Mahamudu Bawumia says President Akufo-Addo would cut sod for the construction of a Pwalugu Dam in the Upper East Region by November to check the perennial spillage of the Bagre dam.
Spillage of the dam occasioned by Bu…
Mr Ignatius Baffour-Awuah, the Minister of Employment and Labour Relations, has implored employers to review the contract and working conditions of fixed term contract workers to improve upon their welfare and ensure job security.
He ur…
Mr Eugene Sackey, the Upper West Akim District Chief Executive (DCE), has said a total of GH¢444,235.85 has been mobilized by the assembly as part of the Internally Generated Fund (IGF) as at August, this year.
The amount represent 77.…
The Central Regional Chapter of the Association of Rural Banks (ARB) has assured managements, staff, shareholders and customers that Bank of Ghana (BOG) has no intention to run down rural banks as was being speculated.
It said it was ma…
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