While new car sales have slipped from 2016, robust demand for used vehicles means US car dealerships will still see strong sales this year, industry analysts said Wednesday. Jonathan Smoke, the chief...
Ten years ago this month when the announcement of commercial discovery of crude oil in Ghana was made, the price of a barrel of crude oil was about $68 and on steady increase. The price increase...
The euro extended its run higher against the dollar Wednesday, hitting a one-year high, while tech and bank stocks helped Wall Street reverse a sell-off in the prior session. The euro rose close to...
The Federal Reserve gave the green light on Wednesday to plans by all 34 large banks seeking to provide big payouts to shareholders after the firms passed the annual stress tests. It is the first...
President Akufo-Addo, has urged African leaders to hasten the coming into being of the Continental Free Trade Area (CFTA) to boost the development of economies on the continent. According to...
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has urged African leaders to hasten the coming into being of the Continental Free Trade Area (CFTA). According to President Akufo-Addo,...
Shipping giant FedEx said Wednesday that deliveries were slowed at its Dutch unit TNT Express after the firm was hit by the latest major computer virus attack. Trading in FedEx shares was halted for...
Some final and third year Computer Science Students of the Ho Technical University have paid an educational visit to the Ghana Community Network Services Limited (GCNet) which has over the past...
Stanbic Bank has thrilled over one hundred International Private Banking customers at an exclusive event at Movenpick Ambassador Hotel, Accra. Dubbed: The ‘Cognac and Champagne with Chocolate...
There are growing concerns that the rising non-performing loan (NPLs) on the books of some banks in Ghana threatens their existence and depositor’s funds. There is the need for immediate enhanced...
Local plastic manufacturers say their businesses are being threatened by the volume of foreign plastic importation into the country. They are warning the situation would wipe them out of business in...
The Africa Centre for Energy Policy (ACEP) has rejected BOST’s position that there is no off-spec oil on the market, insisting that its Executive Director’s personal experience with...
The Energy Ministry will be setting up an eight-member investigative committee to look into the Bulk Oil Storage and Transportation (BOST) company’s controversial sale of 5 million litres of...
Samsung plans to invest $380 million and hire nearly 1,000 workers for a new manufacturing plant for home appliances in South Carolina, the company announced Wednesday. Samsung Electronics America...
India's cabinet approved Wednesday plans to sell a stake in state-run Air India as the debt-saddled carrier struggles to compete with low-cost rivals in one of the world's fastest-growing airline...
The US securities fraud trial of Martin Shkreli, a former pharmaceutical executive who gained notoriety for jacking up the price of an HIV drug by 5,000 percent, has been delayed due to difficulties...
AngloGold Ashanti, the world's third largest gold miner, said Wednesday it was considering 8,500 job cuts in South Africa as part of a turnaround strategy to curb losses. "This restructuring...
Anglogold Ashanti has stated that it has set new safety records and achieved its first ever March quarter without a fatal accident, as it reported operating results for the three months to 31 March,...
Countries in West Africa, including Ghana, have not made the best out of agribusiness due to the erroneous impressing that the supply chain starts with the farmer instead of the consumer, an...
South Africa’s largest insurer, Sanlam Ltd., has sold its stake in Ghanaian holding company, Enterprise Group’s Insurance business for $130 million but will retain a presence in the country,...
