General Motors Co (GM.N) said on Wednesday it would expand its car-sharing operation, Maven, in the U.S. ride services market as the automaker looks to benefit from a growing 'gig' or freelance economy.
GM's Maven Gig program will help …
US bank JP Morgan could move up to 1,000 jobs out of London ahead of the UK's exit from the European Union.
A senior executive at the Wall Street giant, Daniel Pinto, said that "hundreds" of staff may move to Dublin, Frankfurt and Luxem…
The management of HFC Bank says it is expecting the cleaning up of non-performing assets from its books and investments in its systems and structures over the last two years to start yielding the right dividends by the end of this year.
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West African beneficiaries of Australian-funded mining programmes have engaged in a forum dubbed “Investing in West African mining for sustainable regional development,” to discuss issues of sustainable mine development in the sub-region.
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Mr Prince William Ankrah, General Secretary, Ghana Mine workers Union, has hailed government and interested parties’ efforts at tackling the menace of illegal mining, which had caused wanton destruction to water bodies and farmlands.
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The Ghana Oil Company Limited, (GOIL) the nation’s foremost indigenous Oil Marketing Company (OMC) on Wednesday donated 1,000 hospital beds and 1,000 mattresses to the Ministry of Health for onward re-distribution to the regions.
The be…
Organised Labour has pledged its support to the government and called for a partnership to get the workers out of the many crippling challenges that they faced into the path of prosperity and hope.
Dr Yaw Baah, Secretary General of the …
The National Investment Bank (NIB) has opened a branch at the Kumasi City Mall. A statement signed by Charles Komla Wordey, the Head Corporate Affairs, National Investment Bank Ltd and copied to the Ghana News Agency said the Kumasi City M…
MTN Ghana has advised Mobile Money subscribers to install anti-malware application on their phones, if supported to combat Mobile Money (MM) fraud.
Mr Albert Antwi-Boasiako, Principal Consultant, e-Crime Bureau said the MM sector is exp…
The second Deputy Governor, Bank of Ghana, Dr Johnson Asiama on Wednesday said effective central bank communication must be underscored by accountability and transparency.
This, he said, would involve the deepening of understanding of e…
President Nana Addo Dankwa Akufo-Addo has appointed Ms Kosi Antwiwaa Yankey as the Acting Executive Director of the National Board for Small Scale Industries (NBSSI).
A statement from the NBSSI said she took over from Mr Lukman Abdul-…
Ghana's economy will shift from commodity-based to industrialisation in the next few years, following ongoing efforts to prioritise investments in petrochemicals, iron and steel industry and integrated aluminium to help drive the country’s…
U.S. companies hired workers at a slower but still-solid pace in April while the services sector grew more than expected, supporting the notion the economic expansion remains on track despite a weak first quarter, private reports released …
Apple sold fewer iPhones than a year ago in the first three months of 2017, the company said in its latest results.
The California firm, which is due to release a new phone later this year, said it sold 50.8 million iPhones in the perio…
Volkswagen Group profits have soared in the first quarter as cost-cutting measures kick in, the German car giant has said.
Volkswagen Group also sold more models with higher profit margins, a spokesperson said.
Group profit before ta…
Inesfly Africa Limited has launched a nationwide campaign to rid schools of bedbugs especially in boarding schools.
The bedbug menace, continues to be adversely affecting students’ health and school performance, and the company believes…
The government will in June this year, launch a National Financial Inclusion Strategy (NFIS) aimed at bringing financial services to the doorsteps of Ghanaians.
The strategy will also address issues of soundness and stability in the fin…
Investment firm, Databank, is hopeful that the removal of some tax measures will boost the country’s investment prospects. The government’s 2017 budget, which seeks to restore fiscal discipline, introduced a raft of tax incentives to stimu…
The Ghana Immigration Service (GIS) within the first three months of the year, generated revenue totaling GHC213,585.00 in the Ashanti Region.This came from permit processing and penalties imposed on foreigners caught engaging in illegal g…
The Association of Oil Marketing Companies (AOMCs) has sent a distress call to the government to save the businesses of its members from the activities of black market operators in oil products.
More than 4,000 employees of OMCs risk lo…
Dangote Cement Ghana is focused on maintaining its grip of the market shares by the continuous provision of quality service in the sale and distribution of cement at all the corners of the country, Mr Etornam Buami, Media Relations Manage…
Ghana is on the verge of petroleum crisis as activities of Petroleum Black Market dealers is growing. Therefore the Association of Oil Marketing Companies (AOMCs) has called on government to take far-reaching measures to deal with the si…
Mrs Victoria Adongo, the Programmes Coordinator of the Peasant Farmers Association of Ghana, has urged farmers in the northern parts of the country to utilise the Government’s fertilizer subsidy to increase food production.
Mrs Adongo m…
The National Varietal Release and Registration Committee (NVRRC) of the Ministry of Food and Agriculture (MoFA) has approved seven new hybrid maize varieties to be released onto the market for cultivation and consumption.
The varieties…
The Food and Drugs Authority (FDA) has been asked to reconsider its decision to shut down the production facility of Adonko Bitters Limited.Angel Group of Companies, producers of ‘Adonko bitters’, said its manufacturing practices and quali…
Activity in the UK's manufacturing sector grew at its fastest pace for three years in April, according to a closely-watched survey.
The Markit/CIPS UK manufacturing Purchasing Managers' Index (PMI) rose to 57.3 from 54.2 in March, well …
A United States based Ghanaian investor, Dr James Arthur, has appealed to the ruling New patriotic Party(NPP) Government to release adequate funds to support the planting for food and jobs programme to enhance food sufficiency and export.
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Mr. Simon Osei-Mensah, the Ashanti Regional Minister, has rallied Ghanaian workers to give strong support to the government in the implementation of its various policy initiatives to grow the economy and create decent jobs.
He indicated…
About 3.7 million bottles of Volvic mineral water are being recalled in Japan, over fears pieces of plastic have got into some of the products.
Local distributor Kirin Beverage said part of a bottle-filling machine in the French Volvic …
Bankers are asking the Bank of Ghana (BoG) to do what it barely does; use the base rates of banks as a guide to jack down its policy rate in the next review window.
With base rates tumbling below 20 per cent, the Ghana Association of Ba…
The President of Groupe Ideal, Dr Nii Kotei Dzani, has been named the overall best entrepreneur for his excellent contributions towards the country’s socio economic development at the Entrepreneur Foundation of Ghana Awards.
He was tout…
Man Capital Partners, an investment company has opened a new branch in the Volta Regional capital, Ho with specialised investment and advisory services for its clients. Mr Micahel Allan Kwame, Chief Executive Officer of the Company said t…
The recent increase in oil prices has helped BP to record a healthy profit for the three months to March.
The $1.4bn (£1.1bn) profit, on the replacement cost measure, compared with a $485m loss a year earlier.
Oil prices have been ab…
The Driver Vehicle and Licensing Authority (DVLA) is set to deploy a new technology in its operations to as parts of policy reforms being introduced by the authority to totally eliminate middle men, popularly referred to as ‘Goro Boys’.
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Equity Savings and Loans Limited has been launched in Accra with the strategy of being a one-stop-shop. With a current capital base of GH¢18.3 million, Equity’s deposit base increased from GH¢7 million to over GH¢25 million and its custom…
Kwamanman Rural Bank Limited at Kwaman in the Sekyere District of the Ashanti Region has inaugurated its head office complex at a brief but colourful ceremony at Kwaman.
The bank had been operating on a rented premises but the board t…
An amount of $41.05 million was realised as proceeds from the export of bauxite in 2015, according to the Bank of Ghana (BoG). This was contained in a report submitted to the Public Accounts Committee (PAC) of Parliament by the BoG.
Thi…
President Donald Trump on Monday said he is considering breaking up big Wall Street banks, by splitting their consumer business from their investment operations.
"I'm looking at that right now," he told Bloomberg News.
White House sp…
Barclays says its profits more than doubled in the first three months of the year, boosted by better performance across the board.
Pre-tax profit for the first quarter was £1.682bn, up from £793m for the same period last year.
Chief …
Exxon Mobil Corp (XOM.N), the world's largest publicly traded oil producer, posted a better-than-expected quarterly profit on Friday, helped by rising crude prices CLc1 and cost cuts.
The results reflected the slowly improving dynamics …
The quest to attract more Foreign Direct Investment (FDIs) into the economy has brought up the need for the country to build a strong capacity in negotiating contracts that will protect the local interest.
The General Secretary of the M…
The Director General of the National Lottery Authority (NLA), Kofi Osei-Ameyaw says the Authority is ready to collaborate with uncertified private lottery operators who are willing to join NLA.
He said the Authority would issue them wit…
Inflation in the eurozone accelerated in April, returning to the European Central Bank (ECB)'s target.
Initial estimates from Eurostat showed inflation in the bloc hit 1.9%. That was up from 1.5% in March, but just below February's four…
Ghana risks being sanctioned by the International Secretariat of the Extractive Industries Transparency Initiative (EITI) if the nation fails to address certain challenges that have been identified by the global institution.
The challen…
Google and Facebook have confirmed that they fell victim to an alleged $100m (£77m) scam.
In March, it was reported that a Lithuanian man had been charged over an email phishing attack against "two US-based internet companies" who were …
More than 27,000 farmers in the Brong-Ahafo Region have registered to benefit from the ‘Planting for Food and Jobs’ campaign, Mr Kwaku Asomah-Cheremeh, the Brong-Ahafo Regional Minister, said on Wednesday.
Speaking at the inauguration …
The Country Manager of the Association of Chartered Certified Accountants (ACCA), Mrs Doris Ahiati, has urged accountants to be proactive and anticipate future challenges and develop solutions to address those challenges ahead of time.
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Problems at Airbus' troubled A400M military aircraft programme are far from over, the company has warned.
There are still issues over "meeting contractual capabilities" securing export orders, cost cutting, and commercial exposure, Airb…
The Biakoye District Assembly has failed to meet its revenue target of GHC 40,572 for the first quarter of this year, 2017.
Alhaji Zaidu Tamimu, the District Coordinating Director who disclosed this at the Assembly’s Fifth Ordinary Gene…
The UK economy grew by just 0.3% at the start of the year, the slowest growth rate since the first three months of 2016, according to official figures.
The Office for National Statistics said that the slower pace in the January-to-March…