The President of the Ghana Bankers Association, Mr Alhassan Andani, has called on the government to put in the right measures to address the depreciation of the local currency the cedis.
He explained that until the fundamentals of Ghana…
Organizers of the maiden edition of the Ghana Beverage Awards (GBA) have announced their readiness to host the first ever Ghanaian Awards designed exclusively for the beverage industry.
The GBA, slated for Friday 31st March at the Accra…
The Ministry of Tourism, Arts and Culture has launched the 2017 edition of the National Paragliding Festival with a commitment to enhance safety at all national tourist sites.
The acting Chief Executive Officer of the Ghana Tourism Auth…
One of the largest investors in the UK has committed £5bn of new money to invest in transport, property and digital technology.
The Middle Eastern state of Qatar said that it was optimistic about the future of the British economy.
It…
American Airlines and China's biggest carrier by passengers, China Southern, have agreed a strategic partnership.
The US airline will buy $200m (£159m) worth of shares in the Chinese firm and the two will "seek to increase cooperation".…
Regular users of e-zwich cards, including National Services persons, students and beneficiaries of various government social intervention programmes, now have multiple outlets to access e-zwich services.
This follows the increased num…
The Ghana Grid Company (GRIDCo) has started the construction of a sub-station to reinforce the supply of electricity to the central business district (CBD) of Accra and its environs.
The $39-million (about GH¢170 million) project, locat…
Government remains committed to creating an enabling environment for the private sector to thrive since the sector constitute a key component in the country’s economic growth, Mr Ibrahim Awal, the Minister of Business Development, has said…
The Monetary Policy Committee has cut the Policy Rate by 200 basis points to 23.5 per cent from 25.5 per cent, citing the easing of underlying inflation pressures.
Monday's rate cut follows a 50 basis-point reduction in January.
The …
Mrs Cecilia Abena Dapaah, the Minister of Aviation, on Monday reiterated government’s commitment to partner the private sector to establish a national carrier that would restore the national pride.
She said the Government would do ever…
Ghana Oil Company Limited (GOIL) the nation’s foremost indigenous oil marketing company (OMC), has equipped its dealers in the southern and Tema zones with modern trends in downstream oil marketing.
The more than 120 dealers in GOIL pro…
Two US firms which lost out on a decommissioning contract to clean up 12 nuclear sites in the UK will receive £97.5m compensation.
The government has also ordered an inquiry into the "deeply flawed" tender.
The £6.1bn contract, award…
German engineering group Siemens said it was committed for the long term to Britain, which will begin the formal process of leaving the European Union on Wednesday.
The trains-to-turbines group employs more than 15,000 people in Britain…
You spend an enormous amount of your life at work, so how happy you are with your job can have a significant impact on the amount of happiness in your life overall. And yet for some people, work is a major source of unhappiness and dissati…
The Legal Resources Centre has trained stakeholders in the Northern Region on the Electoral Justice System to empower them to identify, report and resolve electoral conflicts.
The training, which built the capacity of participants in re…
United Airlines has been heavily criticised on social media after two girls were reportedly barred from flying for wearing leggings.
The incident happened on a flight from Denver to Minneapolis on Sunday morning, activist Shannon Watts …
Mrs Esther Amoah former President of Ghana Home Economics Association (GHEA) has called on practitioners to intensify their efforts at creating awareness on the importance of Home Economics Education to National Development.
Mrs Amoah …
Societe-General (SG) Ghana has launched a promotion dubbed: ‘Unlock Your Dreams Loan 2017 Promotion’ to give its customers extra support they need as they work to make their dreams come true.
The Promotion offers high competitive intere…
South African property developer and investor, Atterbury Property, has announced April 20, 2017 as the date to open the 18500m² modern mall in Kumasi.
Christened the Kumasi City Mall, the facility was constructed at a cost of US$95milli…
Ghana has been elected to occupy one of the five Vice Chair positions of the Executive Council of the African Alliance for e-Commerce for the next four years. The election took place at the Eighth General Assembly of the African Alliance…
Ethiopian Airlines, the largest cargo operator in Africa, has announced the addition of Ahmedabad, a fifth cargo gateway to India, to its global cargo network as of March 28.
Ahmedabad, India’s second oldest stock exchange and largest…
The Export-Import Bank (Eximbank) of India is seeking to increase Ghana’s Lines of Credit (LoC) from the present $400 million.
This is as a result of what officials of the bank described as the efficient use of the facility by the gover…
BT has been hit with a £42m fine from telecoms regulator Ofcom and will also pay £300m to corporate customers for delays in installing high-speed lines.
Ofcom said the fine was the largest it had ever handed down.
It found BT's Openr…
Nana Osei Bonsu, Chief Executive Officer of the Private Enterprise Foundation (PEF) has bemoaned the low penetration of the insurance industry in the country.
He described the industry's less than two per cent contribution to the countr…
President Nana Addo Dankwa Akufo-Addo on Friday applauded the growing interest of French companies in Ghana, giving the assurance that the country was ready to protect their investments and that of other nations.
“The growing interest a…
The Ghana Water Company Limited (GWCL) has called for stringent and timely measures to halt the activities of illegal mining (galamsey) which continue to deplete raw water resources across the country.
According to the company, illegal…
The government has settled GH¢588 million of the GH¢2.4 billion indebtedness of the Volta River Authority (VRA) to local banks and its suppliers.This was after an initial deposit of GH¢250 million and two quarterly payments of GH¢169 milli…
An oil exploration firm has made what it has described as the "largest undeveloped discovery" of oil in UK waters.
Hurricane Energy said one billion barrels of recoverable oil could be contained within the Greater Lancaster Area, 60 mil…
The government will strengthen its relations with the Republic of India to grow Ghana’s private sector and the economy to solve the unemployment problem in the country, Senior Minister, Mr. Yaw Osafo-Marfo has said.
He said the governme…
The government is in the process of rewriting the Fisheries Act, 2002 to address key challenges in the country’s fishing industry. A draft policy is currently before the Attorney-General's (A-G's) Department awaiting approval for the devel…
Mr Ofori Boateng, the Chief Executive Officer of Strategic Security Systems International Limited (3SiL), has lauded government’s plan to develop renewable energy in the country as captured in the 2017 Budget.
A statement from the 3SiL …
The introduction of electronic points of sales devices to be deployed by the third quarter of 2017 will curb tax evasion and improve revenue collection under the VAT system, Mr Daniel Nuer, Head of Policy Unit, Ministry of Finance has said…
The new chairperson of the MiDA Board, Professor Yaa Ntiamoa-Baidu, has met with MiDA’s management team a few days after the inauguration of the reconstituted MiDA Board last week Monday.
The meeting, which comes ahead of her maiden boa…
American Auto Parts LTD (AAPL), in partnership with TATA Motors Holdings Ghana, is to establish an Automobile Technical Institute to train artisans and mechanics in industrial best practices, in line with the Government’s efforts to transf…
IBM, a leading global technology service provider, has said that Ghana’s digital transformation agenda will benefit from the deliberate adoption and use of cloud computing, cognitive systems, analytics and block chain technology solutions.…
A day’s forum to deepen understanding of the United Nations Convention on contract for the international carriage of goods by sea, commonly referred to as “Rotterdam Rules” has been held in Kumasi.
The convention is meant to create more…
Deutsche Bank has committed to moving to a new office in London, at a time when banks are assessing their place in the capital ahead of Brexit.
Germany's biggest lender is in exclusive talks for a 25-year lease on a new building.
Gar…
The global oil and gas industry is undergoing a period of unprecedented change and disruption. Falling crude oil prices have put immense strain on the entire oil value chain, while the increasing availability and affordability of renewable…
Samsung Electronics has apologised to shareholders for its role in a corruption case that led to South Korea's president being impeached.
"I'm sorry for the scandal," chief executive Kwon Oh-hyun said at the company's annual meeting in …
The Youth Inclusive Entrepreneurial Development Initiative for Employment (YIEDIE) has called for more investment into Ghana’s construction sector to create jobs for the youth.
Quoting a report by the Work Bank, which states that more t…
Tullow Oil plc, one of the biggest players in the country’s oil fields, is to raise £586 million through a Rights Issue in a move expected “to assist the Group to accelerate the reduction of its debt.”
The proposed issue of 466,925,724 …
Mr Isaac Asiamah, the Minister of Youth and Sports, has launched the Commonwealth Alliance for Youth Entrepreneurs, West Africa (CAYE-WA), to promote youth entrepreneurship as a remedy for the increasing youth unemployment in the region.
…
Odebrecht Ghana, a leading engineering and construction company with more than 70 years’ experience, has supported the College of Engineering of the Kwame Nkrumah University of Technology’s (KNUST) Annual Career Fair. A statement issued by…
CIMG Telecom Company of the Year, Tigo, in partnership with mobile content provider, 2CTV, have launched Tigo Mobile TV, a new service which allows customers to watch uninterrupted live television on their phones. With over 25 channels, Ti…
Mohammed Dewji, Group CEO of MeTL (Mohammed Entreprise Tanzania Limited) takes home the prestigious CEO OF THE YEAR award and Anta Babacar Ngom Bathily of Sedima wins the award for YOUNG CEO OF THE YEAR.
Mohammed Dewji beats off comp…
Robotics and artificial intelligence could affect almost a third of UK jobs by the 2030s, according to a study.
However, the report from accountancy firm PwC also predicted that the nature of some occupations would change rather than di…
The Minister of Communication, Mrs. Ursula Owusu-Ekuful, has paid a familiarization visit to MTN Ghana, the leading telecoms company in the country.
The Minister was welcomed by the CEO of MTN Ghana, Mr. Ebenezer Twum Asante, together w…
The President of Ghana, Nana Addo Dankwa Akufo-Addo and his Senegalese counterpart President Macky Sall, graced the Africa CEO Forum 2017 with their presence, to discuss how Africa's sub-regions can work more closely together in a world wh…
Ghana Export Promotion Authority (GEPA) and the Ghana Chamber of Commerce in partnership with the Trade Facilitation Office (TFO), Canada, has held a day’s technical seminar for exporters of processed cocoa on market opportunities in Cana…
Ghanaian organisations, including those in the financial institutions, are vulnerable to cyber attacks, Internet Solution (IS), a South African-based Telecom Service provider, has said.
According to IS, the development is due to the fac…