Energy firm SSE has scrapped its plan to merge its retail business with rival Npower, blaming "very challenging market conditions".
The deal would have created the UK's second-biggest energy supplier.
The two said last month they wou…
The high interest rate on credit in the country is a major hindrance to private sector investment in agriculture, the Chief Executive Officer (CEO) of the Ghana Chamber of Agribusiness, Mr Anthony Morrison, has said.
According to him, t…
Access Bank (Ghana) Plc. has announced the appointment of Mr. Olumide Olatunji as its new Managing Director, effective December 5, 2018.
He replaces Mr. Ifeanyi Njoku who has now taken up a new role within the Access Bank Group to sup…
The 8th African Arts, Crafts and Fashion fair has opened at the African Arts and Culture Development (AACD) - African Market to showcase the rich Ghanaian culture and promote made in Ghana artefacts.
The fair, which is a biennial event,…
Guinness Ghana Breweries (GGB) Plc has set for itself, an ambition to use more than 70 per cent of locally sourced raw materials in its production by 2020 to increase profitability for local farmers.
Mr Gavin Pike, the Managing Director…
Mr Peter Osei Duah, the Board Chairman of Bond Savings and Loans, has attributed the success and growth of the institution to effective corporate governance structure.
"At Bond Savings and Loans, all directors have signed to the institu…
Mr Siddique Ubeidu, the Upper West Regional Director of Commission on Human Rights and Administrative Justice (CHRAJ), has urged public workers to report and expose superiors engaged in corrupt practices for prosecution.
“If you think y…
It is estimated that Ghana loses up to $25 million annually via unfinished projects. This amount is equivalent to 667 additional three-unit classroom blocks per year which would accommodate an estimated 70,000 students, a study has shown.
…
The SNV Netherlands Development Organisation is making a lasting impact on the agricultural sector in Ghana, Mr Eric Banye, the Country Programme Coordinator, SNV Voice for Change Partnership (V4CP) Programme stated in Accra.
He said th…
Apple has announced plans to build a new campus in Austin, Texas, saying the project will involve a $1bn (£790m) investment.
The company already has an existing base in the city.
The iPhone-maker said it expected the latest move woul…
The Government, through the Ministry of Communication, has successfully implemented the Common Monitoring Platform (CMP) to monitor and verify revenues accrued to telecommunication firms.
This brings into effect the provision in the Com…
Ethiopian Airlines, the largest Aviation Group in Africa and SKYTRAX Certified Four Star Global Airline, has inaugurated flights to Manchester, its second destination in the United Kingdom next to London.
The event done at a colourful c…
Mr Alan Kyeremanten, the Trade and Industry Minister, has joined his African counterparts to participate in the 7th African Union Meeting of Ministers of Trade in Egypt to discuss the progress made in the implementation of the free trade a…
Parliament on Tuesday granted approval to the Government of Ghana to use an amount of $12.5 million to finance the contract with Fly Zipline to use its drones-for-medical delivery.
The deal ratification of the contract, which had suffer…
Japan on Tuesday gave Ghana a grant facility of $57 million (¥6.49 billion) for the rehabilitation of the second phase of the national trunk road, N8. This followed the signing of an agreement between the Governments of Ghana and Japan af…
The National President for the Association of Small Scale Industries (ASSI), Mr Saed Moomen has lauded the Small and Medium Scale Enterprise Policy to be implemented by government saying it will give the right direction for all SMEs in Gha…
China will suspend additional tariffs on U.S.-made vehicles and auto parts for three months starting Jan. 1, 2019, the country’s finance ministry said on Friday, following a truce in a trade war between the world’s two largest economies.
…
The President of the Association of Ghana Industries (AGI), Dr Yaw Adu Gyamfi, has bemoaned the dwindling fortunes of the manufacturing subsector in recent years, warning that the country risks losing its industrial base should the situati…
The Takoradi Mall officially opened its doors to customers yesterday in a frenzied atmosphere.
Excited residents believed that the mall would open a new chapter in the business environment in the Western Regional capital of Sekondi/Ta…
The Public Utilities Regulatory Commission (PURC) has called on electricity consumers to report non-billing issues to the nearest Electricity Company of Ghana (ECG) offices promptly to avoid getting accumulated bills.
Mr Jude Aduamoah-A…
The Board and Management of the Ghana Revenue Authority (GRA) have teamed up, to from Thursday, December 13, embark on field exercises to retrieve outstanding tax liabilities and tax debts it is owed by businesses and tax payers, before…
The Wa West District celebrated the 34th national farmers day in the Upper West Region recognizing 24 farmers for contributing to the growth of agriculture and enhancing economic development.
This year’s national farmers’ day which was …
Mr Alan Kyerematen, the Minister of Trade and Industry, has called the Ghanaian pharmaceutical manufacturing industry to make the country a manufacturing hub in West Africa.
“From the view point of being a competitive or comparative hub…
The market closed at a new year low as the benchmark index shed 18.24 points to settle at 2,575.79, due to downward price movement in eight counters in the banking, petroleum marketing, telecommunication and insurance sectors. Market cap…
China has bought US soybeans for the first time since the trade war between the two countries started in July - a move hailed as a "great step" by US officials.
One of the biggest casualties of the US-China trade war has been the US soy…
The Petroleum Commission has indicated its readiness to intervene in alleged difficulties faced by international oil companies in following established protocols to access traditional rulers.
At the annual engagement with members of t…
The ADB Bank is to hold an emergency general meeting on December 20 for shareholders to authorise the bank's board of directors to raise a minimum of GH?380 million to meet the Bank of Ghana's new minimum capital of GH?400 million by Decem…
BuddeComm is thrilled to announce the release of the Global Ranking of its Telecom Maturity Index. BuddeComm's Telecoms Maturity Index (TMI) analyses the broadband, mobile and fixed Line markets of a country as well as a range of economic …
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Entersekt, an innovator in mobile-first fintech solutions, today announced it has gained EMVCo certification for its 3-D Secure 2…
The Ghana Trade Fair, on Wednesday, launched the 23rd Ghana International Trade Fair, scheduled for February 28 to March 11, 2019, in Accra. The Fair, which is on the theme: “Made in Ghana; Globally Accepted”, is to provide quality Made i…
Scania West Africa on Wednesday launched its new truck generation range, representing the latest advancement in automotive technology for heavy-duty trucks. Mr Fredrik Morsing, the Managing Director, Scania West Africa, speaking at the lau…
The Chief Finance and Administration Officer of the Ghana National Petroleum Commission (GNPC), Ms Comfort Aniagyei, has said the government would not renege on plans to relocate the operational head office from the Greater Accra Region to…
Olam Ghana, a leading supply chain manager of agri-products and one of Ghana’s biggest cocoa buying agencies, was named as the Best Company Employer in Ghana.
Olam picked up the award at the seventh Association of Ghana Industries (AGI)…
Professor George Gyan-Baffour, Minister for Planning, on Tuesday said Government will continue to consolidate gains made in the macro-economic environment, develop and implement transformational policies and create that enabling environmen…
The first-ever Intra-African Trade Fair opened in Cairo on Tuesday seeking to achieve $25 billion dollars in trade deals over the next seven days.
Organised by the African Export- Import Bank (Afreximbank), the fair, which is being held…
Mr Alan Kyeremanten, the Minister for Trade and Industry, has reiterated the full commitment of Ghana to the continental free trade agenda aimed to boost intra-African trade and to grow the economies of the countries.
Speaking to the Gh…
Madam Christine Madeleine Odette Lagarde, the Managing Director of the International Monetary Fund (IMF), will pay a visit to Ghana from December 16 to 18, for bilateral talks with President Nana Addo Dankwa Akufo-Addo.
The visit comes …
Alliance Motors Ghana, the exclusive distributor of Land Rover and Jaguar in Ghana, recently hosted its annual Jaguar Ride and Drive at its showroom in the Grand Oyeeman Building. The two-day motoring event afforded guests and car enthusia…
The market closed in the red for the second consecutive trading session as the benchmark index shed 14.37 points to settle at 2,594.04, due to sell-offs in market bellwethers in the banking sector. As a result, market capitalisation furth…
The customers of Ecobank, the Pan-African Banking Group in 33 African countries, can now transact with over 170 million mobile wallets across the continent
Ecobank (Ecobank.com) The Pan-African bank announced today the appointment of MF…
Electroland Ghana Limited, distributors of Samsung, Midea and brand owners of Nasco electronics and appliances, have opened 2 ultra-modern showrooms in Spintex, Accra and Kaase, Kumasi just in time for Christmas shoppers. This means custom…
Coinciding with a recent trade truce between the United States and China to usher in dialogue and trade negotiation, the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) has released a new report discussing th…
Since the introduction of Mobile Money (MoMo) into the Ghanaian market over a decade ago by telecom giant MTN, the industry has seen a study growth from its humble beginnings with a current number of 316,919 registered and 173,229 active m…
Reference is made to the joint press release by Thales (Euronext Paris: HO) and Gemalto (Euronext Amsterdam and Paris: GTO) dated 27 March 2018 in relation to the launch of the recommended all-cash offer by Thales for all the issued and ou…
Uniquely located at the verge of the Indian Ocean on the northern end of Durban’s Golden Mile, Suncoast (https://www.tsogosun.com/suncoast-casino) has been reinvented at a cost of R1.6 billion, providing Durban with a world-class attractio…
China has reportedly proposed cutting tariffs on US-made cars to 15%, the same tax levied on car imports from other countries.
Bloomberg reported that China's cabinet will review the plans, which would undo the 40% import duty China imp…
The United Nations Conference on Trade and Development (UNCTAD), is projecting a bright prospect for the world’s maritime industry as it has predicted that the global seaborne trade volumes will grow by 3.8 per cent between 2018 and 2023.
…
The 2018 West Africa Infrastructure, Energy, Mining, Trade Exhibition and Investment (WAIEMTI) summit aimed at discussing and suggest solutions to help eliminate illegal mining and boost trade has taken place in Accra.
The two-day summi…
The Ghana Export Promotion Authority (GEPA) has held an awareness raising workshop on its market hub platform for exporters in the Ashanti Region. The market hub is a unique one-stop shop with resources and information on international t…
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