Ghana has received a US$700-million guarantee from the World Bank for its Offshore Cape Three Points (OCTP)- Sankofa gas project ahead of anticipated oil and gas production in 2017 and 2018,...
Four workers of the Ghana National Gas Company (Ghana Gas) have been sacked for going on strike illegally. The management of the company has told 42 others that they would forfeit their salaries for...
Failure to pay electricity, water and telephone bills could now land Kenyans on the list of defaulters at the credit reference bureau and deny them access to loans. The noose is tightening on bad...
Barely five months after a currency swap deal between Nigeria and China was enmeshed in controversy, the country’s import profile from the Far-East Asian nation has remained high and intermediated...
Volume traded on the Ghana Stock Exchange (GSE) hit 32,649 shares which were valued at GHS128,171.34 at the close of trade on September 22, a stock market analysis paper made available to the Ghana...
The Ministry of Tourism, Culture and Creative Arts has inaugurated an interim Creative Arts Council to support regulate the industry. The Council would help the Ministry to fashion out appropriate...
A French appeals court has slashed the amount of damages due to be paid by rogue trader Jerome Kerviel to €1m ($1.12m; £860,00). Kerviel had been ordered to pay back the €4.9bn of losses his...
Workers of telecommunication company Expresso are planning a massive protest, Wednesday, 28 September, 2016 over unpaid salaries. The workers who have not been paid for 18 months say management has...
Tigo Ghana, in partnership with international NGO, Reach for Change, have launched its annual competition, the Tigo Digital Changemakers Award. The competition aims at identifying and supporting...
Former Deputy Finance Minister and Member of Parliament for the Old Tafo, Dr. Anthony Akoto Osei has described the Transport Minister, Fifi Fiave Kwetey, as a liar and a blocked headed politician....
Government’s move to settle the longstanding grievances of clients of the DKM Microfinance Company has taken off on a disappointing note with a number of the depositors in the Upper East region...
There is uneasy calm in the shipping sector between shipping lines/agents on one side and a critical mass of the shipping community made up of traders, freight forwarders and import/export...
For the country to achieve its lofty local content goals, the financial services sector, led by the banks, would have to cast off its fear of the risks and huge capital required, and venture into...
The Bank of Ghana is to soon come out with revised regulations on Ghana’s mobile financial service sector. It follows what the central bank views as the significant contribution of the current...
Governments are instituted to enact policies to make life comfortable and easy for its citizenry. Successive governments especially in the Fourth Republic have failed to implement policies and...
The Oasis Africa Venture Capital Fund (OAF) has been recapitalised to US$27 million with the support of new funds from three institutions. The recapitalisation is the second phase of OAF, which...
The opposition New Patriotic Party(NPP) borrowed 750 million dollars from the International Financial Market in 2007, and despite this huge amount borrowed, it failed to allocate 1 dollar of this...
The Secretary General of the Trades Union Congress, Dr. Yaw Baah says the Union will force government to leave IMF programs. Ghana and other African countries have been relying on the IMF for bail...
Efforts by Managers of Ghana’s economy to arrest inflation in the past four years have proved futile as prices of goods and services continue to soar in the country. The situation has impacted...
Nigerian billionaire Aliko Dangote has claimed that he hopes to buy Arsenal within "three to four years". The 59-year-old, who is Africa's richest man, expressed an interest in sealing a takeover of...