Like many countries, the UK has made slow progress in reducing its gender pay gap.
However, it might do well to look to Iceland, which has come up with a radical plan to get rid of its pay gap completely.
A bill was tabled in the cou…
Ghana is well positioned to significantly improve its business competitiveness through Data Analytics (DA), which is crucial for strategic return on investment decision making, Mr. Carl Sackey, Business Development Manager, has said.
Ma…
Prices of building materials have witnessed an upward adjustment in the Sunyani Municipality, a Ghana News Agency (GNA) market survey has revealed.
A visit to some hardware stores in the Municipality revealed that prices of nails, ceme…
Nigeria is the largest producer of cassava in the world with a production of about 54 million tons, but its yield per hectare of cassava roots is about 8 tons, less than half of the realizable yields of more than 20 tons per hectare
…
German ministers have approved plans to fine social media firms up to 50m euros ($53.3m; £42.7m) if they fail to remove hate speech and fake news quickly.
The proposed law would give the companies 24 hours to block obviously criminal co…
Premier Brands Ghana has held the 2016 Brand Excellence Awards to honour outstanding rural banks and business institutions for their outstanding accomplishments over the years.
The ceremony, which was held in Accra, saw 10 top rural b…
XM Group (Trading oint Group), a leading Forex and CFD broker and the official trading partner of the Fastest Man in the World “Usain Bolt”, has been recognized as Best Forex Service Provider for 2017 during the City of London Wealth and M…
More than 170 million people in Africa now access the platform each month, 94% of which are on mobile
Facebook (Facebook.com) has moved its Johannesburg offices into new premises, creating a new home for the company to work with its…
Develop Your Business with SpotOption & other Financial Companies at Africa Financial Expo Meet Seán J. Donaghey and over 5000 B2B & B2C visitors in Africa. Seán J. Donaghey is a Sales Director of SpotOption, the world’s leading trading te…
Nine companies were last Friday awarded at the maiden edition of the Ghana Beverage Awards (GBA) held at Accra City Hotel.
Kasapreko’s Alomo Bitters was adjudged Product of the Year while RTD of the year went to Orijin RTD, Fruit Juic…
The World Bank’s Chief Economist for the African Region, Dr Albert Zeufack says Africa must focus on a new growth strategy focused on value-addition to her natural resources.
Dr Zeufack, who disclosed this in an interaction with a secti…
The Product Development Manager of the Ghana Community Network Limited (GCNet), Mr Carl Sackey, says Ghana is well positioned to significantly improve its business competitiveness through data analytics, crucial for strategic return on inv…
Ethiopian Airlines, the largest cargo operator in Africa, has launched two new cargo routes to Europe ;Milan, Italy and Zaragoza, Spain respectively.
A statement issued in Accra by Mrs Hanna Atnafu, Manager Corporate Communications, Et…
The main index of the Ghana Stock Exchange, the GSE-Composite Index rose 9.4 points on Tuesday buoyed by gains in the financial and energy stocks to close at 1,874.41 points.
The GSE-Financial Stock Index, which measures the performance…
Operators in the financial services sector have been asked to build credit management cultures to ensure the safety of their businesses.
The Chief Executive Officer of IFS Financial Services Limited, Mr Kojo Ohene-kyei, said that finan…
The Bank of Ghana (BOG), on Monday urged financial institutions to check the security features on the commemorative Five cedi notes in circulation.
This will enable them to distinguish between genuine and counterfeit notes.
The Cent…
Music streaming business Spotify has signed a new, long-term, deal with Universal Music Group, one of the world's biggest record companies.
Spotify has been trying to sign similar long-term deals with big labels, including Sony and Warn…
The West Africa Gas Ltd (WAGL) has taken a step further towards becoming a fully integrated energy company by ordering and completing the construction of a Liquefied Petroleum Gas vessel for commercial activities.
The feat, the first to…
A two-day validation workshop of Ghana’s agriculture input subsidy report expected to influence the country’s agriculture inputs subsidy policy has opened at Koforidua.
The workshop is being attended by 75 participants from the academia…
A platform to connect buyers and sellers of legal and certified timber products in a safe, transparent and user-friendly environment is being promoted.
Known as the BVRIO Responsible Timber Exchange, it gives members the chance to post …
Toshiba has been forced to buy the 40% of the UK nuclear energy company NuGen that it does not already own.
NuGen has the contract to build a new nuclear power plant in Cumbria.
The French utility company Engie said it was exercising…
Belgian National carrier, Brussels Airlines has increased its flights on the Accra-Brussels route beginning this week. The additional flight to the Accra-Brussels route will add to Brussels Airline’s existing four times (Monday, Wednesday,…
A soil scientist has called for the government to take deliberate steps to properly organize plantation crops for commercial purposes. Dr. Eric Owusu Adjei of the Soil Research Institute (SRI) - Council for Scientific and Industrial Resear…
The Chief Executive Officer of Standard Chartered Bank Ghana, Mansa Nettey said the bank would continue with its prudent strategies that had led to a strong performance in 2016 after a challenging year in 2015.
Speaking at the bank's in…
Amazon is targeting companies with a new service selling business supplies, such as laptops, power tools and cleaning products.
Called Amazon Business, the online marketplace offers firms VAT-free pricing, VAT invoices, and software to …
Ghana has signed a framework agreement with the Republic of Korea for a concessional loan of $200 million.
The fund, which will be disbursed from Korea’s Economic Development Cooperation Fund (EDCF) to Ghana between 2017 and 2019, will…
Lloyd’s Register, a leading global provider of engineering and technology-centric professional services, has signed an agreement with GOSCO to form a joint venture dedicated to providing well project management, well engineering and associ…
Government has met with executives of the Association of Ghana Industries (AGI) to seek the association’s counsel on a number of issues regarding the “One district one factory” policy initiative.
The meeting was also used to discuss the…
A new tax regime came into effect from March 31, 2017, following the amendment of some tax laws. Changes to the tax system follows the repeal of the Customs and Excise (Petroleum Taxes and Petroleum Related Levies) Act of 2005, Act 685, an…
The President, Nana Addo Dankwa Akufo-Addo swore in Dr Ernest Kwamina Yedu Addison as the new Governor of the Bank of Ghana (BoG). The President appointed Dr Addison in consultation with the Council of State.
He swore in the economist a…
Mining activities are expected to bounce back in Obuasi following AngloGold Ashanti’s (AGA) acquisition of a new concession at Sansu. A feasibility study conducted by the company showed that the new site was endowed with an estimated five …
Billionaire investor Warren Buffett's face is appearing on promotional packs of Cherry Coca-Cola in mainland China.
Mr Buffett is frequently pictured in public drinking Cherry Coke, and his investment firm Berkshire Hathaway is Coca-Col…
Mr Charles Adu Boahen, the Deputy Minister of Finance, has called on project implementing agencies to expedite action on the execution of projects without compromising results.
The Minister said the judicious use of project funds, effec…
The First Lady, Mrs Rebecca Akufo-Addo, has expressed government’s commitment to solving the challenge of unemployment and increasing the avenues for female employment and economic wellbeing.
“I am therefore glad to note that the Counci…
Ghana has about $472.79 million of undisbursed funds out of the total commitment of $1731.83 million allocated by the World Bank for the implementation of projects in the country.
The total disbursed amount of $1140.84 million represent…
Aviation Minister, Madam Cecilia Abena Dapaah, has inspected on-going construction works on the phase two of the Kumasi Airport Project, pledging to move quickly to bring it to international standards.
She said the vision was to end the…
Kasapreko Company Limited has won the product of the year for the maiden Ghana Beverage Awards organised by the Global Media Alliance.
The company also won the manufacturer of the year and the bitters of the year while ready-to-drink aw…
The Afrimax Group, operators of BusyInternet Ghana, in its effort to drive the education agenda across its African markets, has launched an online educational platform called the Jump.
The Jump is in line with its strategy to empower th…
The Supply Chain Development Programme together with Cirillo Enterprise Consult has organised a business profiling and networking event to showcase activities of Small and Medium Scale Enterprises (SMEs) in the oil and gas sector.
The e…
BEIGE, the financial services provider, has returned an impressive performance in 2016, meeting all of its major targets and expectations.
The banking arm of BEIGE, which controls about 30 per cent market share, in the savings and loans…
President Nana Addo Dankwa Akufo-Addo has underlined the government’s determination to bring down the cost of doing business and provide opportunities for private sector investment. He indicated that growing the economy – making sure that …
The Upper East Regional Minister, Mr Rockson Ayine Bukari, has called on the Bolgatanga Municipal Assembly to be a pacesetter in Internal Generated Revenue for the rest of the twelve Municipal and District Assemblies in the Region to foll…
The Ghana Investment Promotion Centre (GIPC) has won an award for Best Project in West and Central Africa Region for 2016 at the Annual Investment Meeting (AIM) 2017 in Dubai.
The award was presented to the Chief Executive Officer of th…
Mr Emmanuel Kusi, the Brong-Ahafo Regional Manager of Metro Mass Transit Limited (MMTL), has denied media reports that the company intends to suspend its operations in the area.
He said the: “MMTL is a public service transport company e…
Parliament last Friday passed the Appropriation Bill, 2017, which has given the Minister of Finance the authority to withdraw money not exceeding GH¢64,116,793,031 from the Consolidated Fund and other funds for the running of the country u…
A sleepy district in Hebei province has suddenly become the centre of China's latest property craze and the talk of the country.
Over the weekend, investors flocked to Xiongan in droves, while online it has been the subject of social me…
The government is to announce new tax incentives by the close of the year to give more liquidity to private sector businesses to expand and create more jobs for the people.
For instance, the government will announce a reduction in the c…
Mr Wisdom A Togobo, Director, Renewables and Alternative Energy, Ministry of Energy, says with China’s support, energy supply could be immensely improved and increased all over the country.
“One key aim of government is to use energy to…
The eurozone's unemployment rate has continued to fall, dropping to a near eight-year low in February.
Figures from the Eurostat agency showed the jobless rate fell from 9.6% in January to 9.5% - the lowest since May 2009.
The lowest…
A programme to promote the uptake of sustainability best practices in forestry and agricultural commodity supply chains in West Africa has taken off.
Known as the ‘Africa Legality Programme,’ its goal is to promote legal compliance as a…