Projects are increasingly complex, often with values in the tens of billions of dollars, and can run for decades.
Fire and explosion incidents most expensive losses globally. Defective product and business interruption claims …
4 Simple Steps To Take Your Small Business From Local To Global
There are 195 countries in the world. That means 194 opportunities for expansion. Even if you are running a small business, you should consider making it global. Remember, …
Inflation jumped to 9.4 percent in July
Interest rate on 91-Day and 182-Day T-Bills eased.
The Ghana Stock Exchange closed in the red despite the continued trickling in of positive half year financial reports.
Ghana cedi advanced …
The US central bank should consider cutting interest rates by one percentage point and introduce "some quantitative easing" stimulus measures, president Donald Trump has said.
In a Twitter post he again complained about a strong dollar,…
President Nana Addo Dankwa Akufo-Addo has launched the State Interest and Governance Authority (SIGA) to replace the Divestiture Implementation Committee and the State Enterprises Commission.
It will also neutralise the role played by…
The Trades Union Congress (TUC) has called on the government to work with its stakeholders, including labour unions, to ensure that the macroeconomic gains in recent years reflect sufficiently in the lives of all Ghanaians.
“We need to …
The growth of mobile money (MoMo) transfers in Ghana has taken many in the financial sector by surprise as many players in the industry did not envisage the extent of its impact in the country’s payment systems only a decade ago when the t…
The high cost of doing business in the country's port remain one of the biggest disincentive to the growth of the export sector within the supply chain.
Also unauthorized and indiscriminate charges by some shipping service providers as …
Dr Maxwell Opoku-Afari, First Deputy Governor of the Bank of Ghana, has urged stakeholders in the financial and banking industry to exploit digitisation to meet the needs of the unbanked and broaden services to all segments of society.
…
President Nana Addo Dankwa Akufo-Addo has served notice to board members and corporate executives of State Owned Enterprises (SOE's) who defy the statutes governing their institutions to get ready to face the law squarely.
He said the B…
With Brand New Liquefied Natural Gas (LNG) Terminal and a Gas Mega Hub, Equatorial Guinea Drives the African Game
The Akonikien project is an example of a cost-efficient and clean energy solution to the energy needs of mainland Equatori…
The GSE Composite Index moderated by 20.90 points (-0.91%) to close at 2,290.58 with a -10.95% year-to-date return due to losses in five counters in the banking beverage and telecom sectors while market capitalization declined by 0.37% t…
As stock markets fall and leading economies contract, we must all brace ourselves for another recession. But is a recession necessarily a bad thing for all companies?
Research by the Federation of International Employers (FedEE) concern…
“African Development Bank $13 billion investment in Southern Africa is delivering strong results…Africa must not be under-ambitious!” Adesina tells SADC Summit.
The African Development Bank’s $13 billion investment in Southern African r…
When Roger Klug told his employer he was retiring, there was a shiver of panic among the bosses. Now 70 years old, Mr Klug is in his 47th year at Alexandria Industries, an aluminium company in rural Minnesota.
After almost five decades …
Networks Unlimited Africa partners with Indegy to protect industrial control systems from cyber threats
African value-added distributor, Networks Unlimited Africa, has announced that it now proudly offers industrial cybersecurity in So…
A policy to stimulate the growth of Micro,Small and Medium Enterprises (MSMEs) to produce world-class products and services capable of competing locally and internationally is before Cabinet for consideration.
When approved, the natio…
Hong Kong seemed an obvious place for co-founders Jamie Wilde and Taylor Host to set up their artificial intelligence start-up.
They had lived there for several years and knew the financial hub well.
"It's a business-friendly jurisdict…
Farmers at Ejura Soboline in the Ejura- Sekyedumase District in the Ashanti Region have appealed to government to provide storage facilities for maize farmers in the area.
They also appealed for the provision of dryers to enable them dr…
Scores of agitated fishermen in Elmina in the Komenda-Edina-Eguafo-Abrem (KEEA) municipality have vowed not to quit light fishing until government stops foreign vessels from employing crude methods of fishing in the nation's territorial w…
Africa World Airlines (AWA), ASKY Airlines and Ethiopian Airlines are collaborating to provide passengers with seamless and stress free air travel within the West Africa sub-region and other international routes they serve.
The interlin…
The Receiver of the 347 collapsed microfinance companies, Eric Nana Nipah, says he has paid close to about Gh?30 million worth of claims to affected depositors.
According to him, he has received close to 152,000 depositor claims worth a…
Market Performance
Market Indices Trend
Top Trades by Volume
Top Trades by Value
Gainers & Losers
The benchmark index moderated by 4.85 points (-0.21%) this week to close at 2,311.48 with a -10.14…
U.S. President Donald Trump and top White House officials dismissed concerns that economic growth may be faltering, saying on Sunday they saw little risk of recession despite a volatile week on global bond markets, and insisting their trad…
A new fertiliser blending plant, with the capacity to produce 2,400 tonnes of fertiliser a day, has been commissioned at Asuboi in the Ayensuano District in the Eastern Region.
The plant, an initiative of Glofert Limited, a private comp…
How easy is it to get a pay rise?
You could try to wrangle more money out of your employer with hard work or canny negotiating tactics.
But in practice, other factors are likely to be more important. Some of these are in our control,…
Mr Carlos Kingsley Ahenkorah, Deputy Minister of Trade and Industry, has urged banks to reconsider and bring down their interest rates to improve interest in borrowing.
He said the current 26 - 30 per cent lending rate from banks was di…
Bayport Savings and Loans Plc, says it is focusing on digital financial services as part of its strategic direction to reach the unbanked and underserved communities in the country.
The Managing Director of Bayport Saving and Loans Plc,…
Nutrifoods Ghana Limited, a subsidiary of Olam Ghana, a market leader in the production of top-grade biscuits, has introduced the first egg and milk-based biscuit onto the market to meet growing demand among children.
‘Milky Magic Eggr…
The huge volumes of water that empty into the sea should be tapped for irrigation for an all-year-around Agriculture in Ada, Nene Abraham Kabu Akuaku lll, has appealed to government.
The Paramount Chief of Ada says the Ada land is vast …
U.S. President Donald Trump said on Thursday that U.S. and Chinese negotiators were holding “productive” trade talks and expected them to meet in September despite U.S. tariffs on over $125 billion worth of Chinese imports taking effect Se…
TULLOW Ghana is in discussion with the government to have rights to other areas within its Development and Producing Area (DPA), following its unsuccessful attempt to win any oil block in the recent licensing round.
Executive Vice Pre…
President Nana Addo Dankwa Akufo-Addo has underlined the government's determination to support rice farmers in the Builsa South District to substantially increase production.
He said everything would be done to develop the vast fertile …
Vice President Dr Mahamudu Bawumia on Thursday commissioned a US$ 4.5 million fertilizer blending plant with an installed capacity of 840,000 metric tonnes per annum.
Glofert Limited is a wholly-owned Ghanaian company located at Asuboi …
The pound is trading 0.67% higher against the dollar at $1.2155. It follows better than expected retail figures earlier this week for July which indicated consumer resilience as Brexit approaches.
Sterling was also up against the euro, …
The Ho branch of the Social Security and National Insurance Trust (SSNIT) has been adjudged best performer for exceeding its target of Half Year Public Education League Chart 2019, for the Koforidua Area of the Trust.
It gained a year-t…
Dealers in luxury vehicles in Accra have welcomed government’s decision to suspend the luxury vehicle tax, saying it would help revive their business which went under for the one year that the tax was introduced.
According to the car de…
While in Accra, he met with Government of Ghana officials, private sector representatives, local entrepreneurs, members of business associations, and scientific research stations
The Governor of the State of Mississippi, Phil Bryant, tr…
Ghanaian equities finished modestly lower in the holiday-shortened week. The GSE Composite Index closed at 2,311.48 points, down 4.85 points from the previous week.
Price drops in shares of EGH, GCB and RBGH caused the Financial Stock I…
Robust Platform, Focused Solutions, and Key Alliances Highlighted in IDC MarketScape Report
PTC (NASDAQ: PTC) today announced it has been named a leader in the Industrial IoT (IIoT) platform market in a new research report from IDC enti…
Trading in the biggest shares listed on the London Stock Exchange was delayed for more than an hour, in the longest outage in more than eight years.
Shares in the FTSE 100 and FTSE 250 indexes were affected, although smaller stocks trad…
The Vice-President, Dr Mahamudu Bawumia, has urged pharmacists to take advantage of the prevailing digital space to respond efficiently to the health demands of the people.
He said pharmacists were an integral part of the healthcare sys…
The government is to bring together relevant agencies to tap the full potential of rice valleys of Fumbisi in the Builsa South District in the Upper East Region to help meet the country's rice demand and for export.
Currently, only abou…
The 470 megawatts Krandeniz Powership Osman Khan on Thursday arrived at the anchorage of the Home Port of the Western Naval Command at Sekondi in the Western Region.
The powership propelled itself from Tema to the Western Region.
The…
The Ghana Cocoa Board (COCOBOD) has denied media reports that it plans to increase the producer price paid to cocoa farmers in the 2019/20 cocoa season to GH¢8,000 per tonne.
It said beyond the reports being untrue, they were premature …
Germany, Europe's biggest economy, could be heading for a recession.
Data from the German statistics office on Wednesday showed the economy shrank by 0.1% between April and June.
That takes the annual growth rate down to 0.4%. German…
The Ghana National Chamber of Commerce and Industries (GNCCI) has signed an agreement with Gamey Consult, a local consulting firm, to resolve disputes among business entities with an Alternative Dispute Resolution (ADR) system. .
The Al…
Ian Geddes, head of retail at Deloitte, says that last summer's strong retail performance has been "a tough act to follow", so shops have done especially well in July, without the help of a football World Cup or royal wedding.
He noted …
Young Ghanaian entrepreneurs in Agribusiness, venture capitalists, farmers and corporate executives have been called upon to take advantage of the Impulse Acceleration Programme to propel their businesses.
The Impulse is a 12-week accel…
Ghanaians have been urged to subscribe to life insurance policies and initiate strong financial plans to secure themselves for unforeseen future challenges.
Rev Dr Nanayaa Owusu-Prempeh, Executive Director of Spirit Soul and Body Worksh…