A Handbag? For $380k, It’s Yours
A diamond-encrusted crocodile-skin Hermes handbag with white gold details has broken the record for the world's most expensive ever sold at auction, fetching nearly US$380,000 at a Hong Kong sale....
Tag: economy
Minority To ‘vehemently’ Resist $2.4bn Bond – John Jinapor
The Minority in Parliament will kick against the planned issue of a 15-year bond to clear energy sector debts if the Akufo-Addo administration does not come clean on key details about this particular...
Ghana Signs Agric Industrialization Deal With India
Thirteen African countries including Ghana have signed series of partnership agreements with India to enhance the supply of agricultural machinery, credit advancement to farmers and scientific...
White House Communications Director Quits
The White House communications director resigned only three months after being hired The White House communications director has resigned only three months after being hired by President Donald...
Adwoa Safo Should Stop the ‘ugly Noise’
Deputy Chief Scribe for the National Democratic Congress (NDC), George Lawson has described as loose talk comments by the Minister of State in-charge of Public Procurement, Sarah Adwoa Safo on how...
Response To Energy Bond To Determine Investor Confidence – Economist
Economist, Dr. Lord Mensah has suggested that the response to government’s 15 year energy sector bond will determine the investor confidence in the Ghanaian economy. In his view, the interest to be...
Delay In Payment Is Cause of Bloated Projects – Government Told
The cases of financial malfeasance in public procurement have been attributed to the delay on the part of government to pay contractors. There have been many cases in recent times where the cost of...
Japan’s Factory Output Rises 4.0 Percent In April
Japanese factory output rose 4.0 percent in April from the previous month, official figures showed Wednesday, bolstering data indicating the world's third-largest economy is finally seeing moderate...
Akufo-Addo Urged To Follow German Example To Forge West African Unity
President Akufo-Addo charged to lead efforts to unite the economic unity of West African states following years of disappointing attempts by predecessors. The Director of Academic Affairs at the...
Political Risk Weighs On European Stocks
European stocks slid on Tuesday as political risk once again returned to the fore with Italy nearing a deal for early elections and a fresh game of chicken over Greece's bailout keeping investors on...
Investors In Limbo As SEC Is Left Without A Board
The absence of a board of directors at the Securities and Exchange Commission (SEC) is severely hampering the equity and debt listing of companies on the stock market, with about GH¢1biliion worth...
Graduate Unemployment A Potential Threat To the State – Dr Ananga
A lead researcher for British Council Employability Research; Dr Eric Daniel Ananga has stated that graduate youth unemployment in the country is a time bomb that can be a potential security threat...
Government Won’t Compromise On Fiscal Discipline — Veep
The Vice-President, Dr Mahamudu Bawumia, has re-stated the government’s resolve to strictly adhere to public financial management and public procurement laws to ensure fiscal discipline. That...
Delay In Payment Is Cause of Bloated Projects – Govt Told
The cases of financial malfeasance in public procurement have been attributed to the delay on the part of government to pay contractors. There have been many cases in recent times where the cost of...
Germany A Large Investor, Employer In US Economy
A brewing diplomatic crisis between the United States and Germany has its roots in President Donald Trump's frequent criticism of the large US trade deficit with the European economic powerhouse....
US Consumer Confidence Slips Again In May
US consumer confidence edged down for the second straight month in May, as optimism continued to retreat from record highs, according to a closely-watched monthly survey released Tuesday. Consumers'...
India Will Cooperate On Probe of National Carrier Deals
India's civil aviation ministry said Tuesday it would cooperate with a federal inquiry into alleged irregularities in the purchase of 111 planes by state-run carrier Air India and its merger with...
Dentsu Aegis Network Ghana Launches Consumer Connection System
Dentsu Aegis Network, an Advertising and Communications firm, has launched the Consumer Connection System (CCS), to help businesses in the public and private sector to better understand consumer...
Accra Mall Shoprite Now Deathtrap – Experts
The Shoprite supermarket at the Accra Mall has become an apparent deathtrap to hundreds of customers following the mounting of scaffolds for an ongoing renovation work inside the shop. Scaffolds have...
COCOBOD Failed Farmers
A World Bank report says the Ghana Cocoa Board (COCOBOD) has failed in stabilising farm gate prices at levels that permit farmers to earn an adequate return on their lands, labour and capital. The...