Enterprise Group has picked six awards at the Ghana Insurance Awards in Accra. Two of the company's five subsidiaries, Enterprise Life and Enterprise Insurance picked two and three awards respectively.
Enterprise Life, a member of the E…
Enterprise Life, a member of the Enterprise Group has won three awards at the Ghana Insurance Awards in Accra. The company was awarded in the categories of LIFE INSURANCE COMPANY OF THE YEAR and ICT LEADERSHIP.
The Managing Director of …
The US central bank, the Federal Reserve, is expected on Wednesday to cut rates for the first time since 2008.
Traders expect a 0.25 percentage point cut, taking the federal funds target range to 2-2.25%.
Supporters say it will spur …
One hundred and thirty brilliant, needy schoolchildren in 40 public and basic schools in the country have been granted scholarship totalling GH¢129,382 by Sinapi Aba, a non-banking financial institution.
The one-year scholarship, whic…
Kosmos Energy has announced the names of 16 business teams which have successfully advanced on to the second stage of the Kosmos Innovation Center (KIC) 2019 AgriTech Challenge.
The 16 businesses were selected from an initial 21 busines…
The Governor of Bank of Ghana (BoG), Dr Ernest Addison, has commended the management of the Consolidated Bank Ghana (CBG) for delivering quality and strong banking services to its customers.
At the initial stage, he explained that the…
British Gas owner Centrica's chief executive Iain Conn is to step down from his post and retire from the company's board next year.
He told the Today programme it was "a natural time for me to hand over".
Centrica reported a pre-tax …
Top trade negotiators from the US and China are meeting for the first time in almost three months on Tuesday to try and do a deal, but expectations are low.
Still, while there's been an apparent lull since the two sides last sat down an…
A large number of tanker drivers on Monday, threatened to stop lifting petroleum products from the Tema Oil Refinery (TOR) if management does not to fix its deplorable parking space.
The drivers, who park their gas and oil tankers at th…
Mr Samuel Koranteng, Corporate Services Executive of Scancom Plc (MTN Ghana) is doing well as a corporate business in terms of revenue, voice and seeing strong uptakes in data and digital services.
In an interview with the Ghana News Ag…
The Chief Executive Officer of Ghana Chamber of Telecommunication, Mr Kenneth Ashigbey has called for a collective effort from stakeholders to help curb the menace of fibre cuts and damage of communications infrastructure in the country.
…
The ARB APEX Bank Limited has assured Ghanaians that it will work together with the Bank of Ghana to identify and address bottlenecks in some of their member banks to ensure depositors' funds were protected.
Mr. Kojo Mattah, Managing Di…
Weekly Highlights
Yields on the GoG treasury securities witnessed mixed adjustment.
Accra Bourse failed to sustain previous week's gain, weighed by six laggards.
Ghana cedi advanced against all the three major trading currencies.…
MTN Ghana, the leading service provider in voice and data services has appointed Mr. Bernard Acquah as the Chief Information Officer of the company with the responsibility of managing all aspects of IT Strategy, Budgets, Applications, Netw…
Mr Ken Ofori-Atta, Minister of Finance, says due to deliberate government actions to improve the human resource base in the health sector, the nurse to patient's ratio has improved considerably.
He said a nurse currently takes care of a…
The government Livelihood Empowerment Against Poverty (LEAP) has so far benefited more than 330,438 households across the country, Mr Ken Ofori-Atta, the Minister of Finance has said.
The number of household beneficiaries is an increase…
The Western Regional Director of the Fisheries Commission, Mr Godfred Tsibu-Baidoo says the Commission and the Western regional Command of the Fisheries Enforcement Unit (FEU) were woefully equipped to clamp down illegalities on the coun…
The government has declared a state of emergency in the energy sector and indicated that drastic measures are to be taken to resuscitate the sector.
“We are in a state of emergency and must, therefore, respond with urgency and boldnes…
The government has withdrawn the Luxury Vehicle Tax which was introduced last year.
It has also started the National Housing and Mortgage Finance Initiative to provide quality housing for citizens, starting with public and civil serva…
The Graphic Business, in partnership with Stanbic Bank Ghana, will on August 6, 2019 hold another edition of its quarterly breakfast business meeting at the Labadi Beach Hotel in Accra.
The event, which will be the second edition for th…
The Minority in Parliament has said the mid-year budget review the Minister of Finance, Mr Ken Ofori-Atta, presented to Parliament is empty and hopeless and will worsen the plight of Ghanaians.
It said the increase in the Energy Secto…
The GUBA Foundation is embarking on a tour of churches within London to raise autism awareness. This monumental project will bring our charity onto the doorsteps of some of the most influential churches in our community, to partake in the …
Ryanair has reported a sharp fall in quarterly profits as it reduced fares to drive up passenger numbers.
Profits fell 21% to €243m (£219m) for the three months to the end of June, as the average ticket price fell 6%.
The airline was…
Prime Minister Boris Johnson has vowed to leave the EU "come what may" by the 31 October - the date the UK must depart if no deal has been reached.
How could you be affected if the UK does leave the EU without an agreement?
1. The co…
The Association of Ghana Industries (AGI) is calling for an excise tax waiver on bottled water in the midyear budget review as it would help make companies in the sector more competitive and productive.
The Association said the high exc…
The Youth Inclusive Entrepreneurial Development Initiative for Employment (YIEDIE), a project led by the Global Communities and partners, on Thursday supported 55 young entrepreneurs with funding and tooling to start their businesses.
T…
Mr Sulemanu Koney, the Chief Executive Officer (CEO) of the Ghana Chamber of Mines, has called on government to pass a Mineral Revenue Management Act as this would enhance activities within the sector.
More so, he said, passing the Act…
Rating agency, Fitch has affirmed AAA for the African Development Bank (AfDB), with a stable outlook on improved assessments, qualifications and estimates.
The affirmation was made in its release copied to the Ghana News Agency on Frida…
Mr Ken Ofori-Atta, Minister of Finance on Monday reiterated government's commitment towards aggressive industrialization, which will be pursued as a flagship project.
He said the agenda has the objective of widening the opportunities fo…
The Minister of Finance, Mr Ken Ofori-Atta, will today request permission from Parliament to spend more this year than was initially budgeted for in the 2019 Budget and Economic Statement that was presented in November last year.
The pl…
m-GURUSH is the very first Mobile Money Service in South Sudan
Service is available in all 32 states in South Sudan in partnership with Zain South Sudan
Customers can send and receive up to South Sudanese £100,000 per day and hold a…
Market Performance
Market Indices Trend
Top Trades by Volume
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Gainers & Losers
Market Summary
The benchmark index moderated by 17.86 points (-0.76%) this week to close …
African Development Bank President Adesina tells African business community to put capital on the line for the young people of Africa
President Adesina of the African Development Bank today, 27th July 2019, delivered a clarion call to g…
The US economy grew less than previously thought last year, missing President Donald Trump's target of 3%.
Revised official figures shows that GDP expanded by 2.5% during 2018.
The figures also revealed that growth slowed during the …
Regulators in the financial sector have applauded Consolidated Bank Ghana (CBG) effort in delivering quality and strong banking services to its varied customers.
At a meeting with Financial Institutions at the CBG Head Office in Accra …
Moody’s Corporation (NYSE:MCO) announced today that it has acquired RiskFirst, a leading FinTech company providing risk analytic solutions for the asset management and pension fund communities. The acquisition positions Moody’s Analytics t…
Yango, a ride-hailing service has introduced the ‘Comfort tariff’, an additional tariff in the Yango app which gives individuals the opportunity to order a high-quality air-conditioned car selected manually for a slightly higher but still …
Africa Centre for International Trade and Development (ACINTaD) on Wednesday called for strong institutions and quality infrastructure to be put in place for successful implementation of African Continental Free Trade Area (AfCFTA).
Mr …
Huawei on Thursday announced that their new device Huawei Y7 Prime 2019's special edition is now available in faux leather.
A statement issued to the Ghana News Agency said the special edition had been designed in a new colour with 64-g…
The Bawjiase Area Rural Bank in the Awutu -Senya East District declared a profit before tax of GHC 1, 948,328 in 2018 compared to GHC 1, 865, 134 to recorded in 2017, representing four point five percent increase.
It also recorded a gro…
GCB Bank Ltd. (GCB) has presented GHC16.9 million to government as dividend for the year ending 2018.
Mr. Anselm Ray Sowah, Managing Director of the Bank, presented the cheque for the amount to the Minister of Finance, Mr. Ken Ofori-Att…
Tullow Oil Ghana has joined forces with two other institutions to mentor Human Resource (HR) practitioners with the competencies required to climb higher the professional ladder.
Tullow is therefore partnering the Institute of Human Res…
Ghana is expected to hit 95 per cent of mobile telephone connectivity by next year, 2020, Mr Vincent Sowah Odotei, Deputy Minister of Communications announced on Wednesday.
He explained in Parliament that, the Ministry of Communications…
The United Nation's Office for Project Services (UNOPS) is training about 170 small and medium entrepreneurs to equip them with necessary skills for procurement tendering and better access to UN entities that would be tendering for product…
Project Assist Global Limited, a project management consulting and training company, is set to organise the maiden edition of 'My Future 2019' Job Fair on Saturday, 27th July at Prisco Park, Tema.
The Fair, is expected to provide a matc…
Google-parent Alphabet and the online retail giant Amazon have both reported a near 20% rise in revenues for the latest quarter.
Alphabet said advertisers were spending more on its search and YouTube services.
However Amazon reported…
The government has had to cough up over GH¢2 billion since the beginning of the year as a result of the various agreements with the country's independent power producers signed between 2014 and 2016.
The bills are beginning to take a …
Mr Ekow Afedzie, the current Deputy Managing Director of the Ghana Stock Exchange (GSE), has been appointed to act as the Managing Director effective August 1.
The council of the Ghana Stock Exchange announced on Tuesday that the Managi…
Twitter reported second-quarter profit of $1.1bn (£900m) compared with $100m a year earlier, helped by a tax benefit.
Twitter's revenue rose 18% from a year earlier to $841m but the company forecast total revenue for the third quarter w…
The Pan-African Payment and Settlement System (PAPSS) was formally launched by the African Export-Import Bank (Afreximbank) at the African Union Extraordinary Summit, which ended recently in Niamey, Niger Republic.
The PAPSS, then becom…
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