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South African Airways seeks extra $400m bail-out from state

South African Airways (SAA) is in discussions with the Treasury on a cash injection of about R5bn, which the company needs to cover historic...

Pesewa Global to put 100,000 small businesses online

Pesewa Global Company Limited, an African markets-focused incubator has announced plans to invest GHC10 million worth of human, technological and capital resources over a...

Campaign to encourage egg consumption launched in Accra

A national campaign to help raise awareness on the health benefits of eggs, has been launched in Accra. The overall purpose of the campaign is...

Satellite TV penetration in Ghana peaks by 83% – SES

Satellite television has grown rapidly and has become the leading delivery mode in Ghana, a Satellite Monitor study report commissioned by SES has revealed. SES,...

Poultry farmers still ‘frustrated’ despite reduction in imported chicken

Despite the Ministry of Food and Agriculture’s policy to reduce the importation of chicken to save the struggling local poultry industry, farmers say challenges...

IMF to release $236m to Ghana in May

The IMF should be releasing about two hundred and thirty-six million dollars ($236,000,000) to Ghana under the agreement with the Fund, by the first...

GPS Co-operative credit union holds 6th AGM

The Ghana Prisons Chapter of the Co-operative Credit Union Association has held its 6th annual general meeting to review the past performance of the...

Pork business picks up in Kumasi

For many years Dakwodwom, a suburb of Kumasi, used to be the only hub for pork-selling business in the Metropolis. Forty-year-old Maame Yaa's pork shed...

Meralco to take over ECG

The Millennium Development Authority (MiDA) has announced the selection of Meralco Consortium as the 'Preferred Bidder' to manage the Electricity Company of Ghana (ECG). “Yes,...

Ethical cocoa schemes no panacea for struggling farmers

Global chocolate makers are buying more cocoa sourced through schemes aimed at stamping out poverty as they rush to make their supply chains more...

Ghana’s debt nears distress levels – World Bank

Ghana stands a high risk of returning to debt distress situation if it fails to manage its rising debt levels. That is the caution from...

Millicent Aba Tetteh, the market woman in suit

It's easy to find young, enterprising women lately. However, what is hard to find is a graduate who dabbles in a trade perceived to...

E-commerce leads the way for startup businesses in Ghana

Global technological advancement has transformed numerous economic societies. Here in Africa, the impact of technology specifically the internet on our business economy is remarkable....

Growing public debt in Africa worse than you thought

Last month, ahead of his ill-fated African tour, then US secretary of State Rex Tillerson warned African governments about the amount of debt they were amassing...

Oil price hits three-year high of nearly $70 a barrel

Drivers have been warned they face misery at petrol pumps this year after the oil price rose to a three-year high of almost $70...

AGI press for access to funding and further reduction of utilities

Issues of Power supply, cost, finance and labour continue to impede the growth of indigenous business and companies in Ghana, despite government interventions in...

Liberian President Weah Orders Probe of Exxon's 2013 Oil Deal

Liberian President George Weah ordered a probe into Exxon Mobil Corp.’s 2013 deal for drilling rights off the West African nation’s coast, his office...

Jumia 2017 results highlights

Jumia, the leading online eCommerce ecosystem in Africa, grew GMV by 64,5% to 197,9 MEUR (+113% in constant currency) in the fourth quarter of...

Ghanaian agritech startup Agrocenta wins $500,000 Seedstars prize

Ghanaian Agritech Startup Agrocenta Wins $500,000 Investment in Seedstars World Competition Agrocenta, a Ghanaian agritech startup has won a $500,000 investment for coming first globally...

Atwima Kwanwoma Rural Bank exceeds BoG's minimum capital requirement

The Atwima Kwanwoma Rural Bank has exceeded Bank of Ghana’s minimum capital requirement of GHS1 million by more than 200 percent. The capital of the bank...

Jumia Ghana set to launch superhero deals

All is set for Africa’s leading online retail company to launch another giant discount campaign called the #SuperHeroDeals. This comes after Jumia Mobile Week...

Galamsey ban to be lifted soon – Deputy Minister

Deputy Minister for Lands and Natural Resources, Barbara Oteng-Gyasi has assured the small scale mining sector to exercise a little patience as the process...

Former MASLOC CEO fights back; claims defamation

Lawyers for former MASLOC boss, Sedina Tamakloe Attionu has described as defamatory, the contents of an audit report citing her for fraud. Victor Kojoga Adawudu said...

Facebook CEO made $3 billion while he sat for Congress' questions

The verdict from Wall Street is in -- and investors clearly think Facebook CEO, Mark Zuckerberg, was the winner after ten hours of testimony...

Africa Media Sales Development ready to aid workers achieve their target sales efficiently

Africa Media Sales Development (AMSD)  has introduced a new series of Media Sales development programmes dubbed the ”Media Marketplace” opened for media professionals who...

Ecobank Group partners with MTN to deepen financial inclusion across Africa

MTN has announced a collaboration with Africa’s leading independent banking group, Ecobank Transnational Incorporated (ETI), to leverage each other’s assets and offer more value...

Ex-MASLOC boss, others cited for fraud, 'ghost' projects

A forensic audit of the operations of MASLOC under the John Mahama administration has revealed jaw-dropping suspected fraud and financial impropriety. The report which has...

Omnibank is the official bank for 2018 pilgrimage

OmniBank has signed an agreement with the Ministry of Chieftaincy and Religious Affairs as the official Bank and partner for the Christian pilgrimage to...

OmniBank is the official bank for 2018 pilgrimage

OmniBank has signed an agreement with the Ministry of Chieftaincy and Religious Affairs as the official Bank and partner for the Christian pilgrimage to...

Ghana’s GDP growth for 2017 hits 8.5 percent

Ghana's Gross Domestic Product (GDP) provisional growth for 2017 hits 8.5 percent, according to figures from the Ghana Statistical Services (GSS). This is a sharp...

MTN hero: Linat Osman Kundaribuo championing sex education in Wa

Linat Osman Kundaribuo is MTN Heros of Change Season VI nominee making positive changes in her home town. She is a 30-year old teacher and...

GRA ups voluntary tax compliance to support

The Central Region Office of the Ghana Revenue Authority (GRA) has said it would continue to run after taxpayers using coercion to ensure voluntary...

¢400m capital requirement: Local Banks CEOs seek Akufo-Addo's intervention

Heads of indigenous banks in the country have met the president, Monday, in a desperate move to have him intervene in a new capital...

300 students to benefit from MTN Ghana Bright Scholarships

MTN Ghana Foundation has launched its Bright Scholarships scheme saying a total of 300 students at the tertiary level stand to benefit. A statement from...

Newmont shuts down operations in Ghana after Ahafo tunnel collapse

Mining firm, Newmont Gold Ghana Limited, has shut down all its mining operations in Ghana temporarily, after tragedy hit its Ahafo Mine over the...

75% Ghanaians would migrate abroad if given the chance – Survey

Findings of a Pew Research Center survey have revealed that 75% of Ghanaians would go to live in another country, if they had the...

Fuel prices projected to increase by up to 2% from next week

The Institute for Energy Security (IES) has projected fuel price increases between 1 and 2 percent in the first pricing window of April barring...

BoG shuts down 'Wyselink Microfinance' for operating with fake license

The central bank is warning the public that Wyselink Microfinance is not licensed to take deposits. “Wyselink Microfinance Limited was operating with a forged Bank...

Olam Wins 'International Company of The Year' Award in Africa

Agribusiness giant, Olam International, which operate across the value chain in 66 countries received the “International Company of the Year” award in Africa at...