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World Bank supports Ghana with $145 million to improve urban services

The World Bank has approved additional financing of $145 million International Development Association (IDA) credit for the Ghana Secondary Cities Support Programme. The financing will...

Gold Katcher will help miners to extract more gold – Manufacturer

The sole importer of Gold Katcher equipment which aids miners in the extractive industry has indicated that the machine will help in digging more...

Sri Lanka requests $5bn for payment of essential goods

Sri Lanka's prime minister says the country needs at least $5bn (£4bn) over the next six months to pay for essential goods as it...

World Bank warns of recession risk due to Ukraine war

Countries around the world are facing recession as the Ukraine war hits economies already rocked by the Covid pandemic, the World Bank has warned. Less...

Newmont sells gold to BoG to boost country’s reserves

Newmont Ghana has announced that it has successfully sold 3,500 ounces of gold to the Bank of Ghana (BoG) under the central bank’s Domestic...

I was drunk – Man who announced Zimbabwe ‘toe selling’ business makes a U-turn

A Zimbabwean man, who went viral after a video of him stating that he is a dealer for toe buyers, has now disclaimed the story. After being...

Four-day work week trial starts in UK with 70 companies

Thousands of UK workers are starting a four-day work week from Monday with no cut to their pay in the largest trial of its kind. The pilot,...

KFC Australia forced to swap lettuce for cabbage

Fast food giant KFC has been forced to put cabbage in its burgers and wraps in Australia as the country is struggling with a...

Top Gun maker sued over copyright breach

The family of the Israeli writer whose article inspired the 1986 Tom Cruise movie Top Gun is suing film studio Paramount Pictures for copyright...

Musk threatens to walk away from Twitter deal

Elon Musk has threatened to walk away from his $44bn takeover of Twitter, accusing the social media company of "thwarting" his requests to learn...

Total announces 67 pesewas per share dividend for shareholders

Total Petroleum PLC has announced the payment of a final dividend of 67 pesewas per share to shareholders for the financial year ended December...

Green Republic launches Plant Your Age Campaign

The Green Republic has launched the 'Plant Your Age Campaign' as part of its vision to lead the youth of Ghana to overcome climate...

Mercedes recalls almost 1m cars over faulty brakes

German carmaker Mercedes-Benz is recalling almost 1m older vehicles from around the world because of potential problems with their braking system. Over the weekend, the...

Barbara Incoom awarded Marketing Director of the Year at National FMCG Summit

Barbara Incoom, Marketing Director of Delta Paper Mill, producers of Flora Tissues, has been awarded as the Marketing Director of the Year at the...

Ghana Arbitration Centre to hear Nduom, Bank of Ghana case

The Court of Appeal has, by a unanimous decision, upheld the Bank of Ghana’s application that the challenge by Dr Papa Kwesi Nduom and...

NLA to host African Lottery Association Seminar in December

Ghana’s National Lottery Authority (NLA) has, for the first time since its establishment, won the bid to host the Seminar on Responsible Gaming by...

MTN Ghana launches Bright Scholarship Reloaded

MTN Ghana Foundation has launched the 25th anniversary edition of its Bright Scholarship scheme in Accra. Dubbed: 'Reloaded', it will offer 300 scholarships to needy...

Nigeria: Zipline begins drone deliveries to health facilities in Kaduna State

Zipline, the global leader in instant logistics, today completed the first drone deliveries in Nigeria’s Kaduna State. These initial flights mark the final stage of...

Ukraine lifts interest rate in Europe

Ukraine's central bank has more than doubled its interest rate to 25% to the highest level for any European country. The move is intended to...

UMB collaborates with GAAS on 2022 Public Forum; Supports thought-leadership on AfCTA

Universal Merchant Bank (UMB), a leading indigenous Ghanaian bank, today announced its collaboration with the Ghana Academy of Arts and Sciences (G.A.A.S) Public Forum...

Vice President urges African central banks to store gold

The Vice President, Dr Mahamudu Bawumia, has charged central banks in Africa to actively build up their gold reserves by purchasing traceable and sustainably...

MTN shareholders to receive dividend representing 70.6% of profit

MTN Ghana has held its 4th Annual General Meeting since listing on the Ghana Stock Exchange in 2018. The meeting saw the approval of the...

GRA’s failure to collect taxes cost Ghana ¢9.1 billion—IMANI

A new report by Policy Think Tank, IMANI Center for Policy and Education, has showed that the Ghana Revenue Authority’s (GRA’s) failure to collect...

Petrol to be sold at GH₵12 per litre

The price of petrol is expected to go up to GH₵12 per litre effective Wednesday, June 1, the Institute of Energy and Security (IES)...

Govt poised to transform new regions with ICT – Ursula Owusu

The Minister for Communications and Digitalisation, Mrs Ursula Owusu-Ekuful, says the incumbent government is poised to use ICT to transform the newly created regions. Speaking...

Nduom sues Republic Press for ¢1m over ‘false’ GN Bank story

The Chairman and President of Groupe Nduom, Dr Papa Kwesi Nduom, has sued the Republic Press over a news story published in its Monday,...

KGL Group Chairman Alex Dadey awarded ‘Group CEO of the Year’

Alex Dadey, Executive Chairman of KGL Group has been awarded Group CEO of the year 2021 – Conglomerate Business. The award came at the 6th...

Ghana will soon be a giant in ICT – Ama Pomaah

Ghana is progressing steadily in becoming a technological force around the globe as it has received several proposals from development partners to undertake ICT...

Multimedia Group COO Ken Ansah adjudged CEO of the Year at Ghana CEO Summit

Chief Operations Officer (COO) of the Multimedia Group, Ken Ansah, has been honoured with the Chief Executive Officer of the Year award at this...

Full text: MTN Ghana CEO’s speech at 4th AGM

Dear Shareholders, It is my pleasure to welcome you to the 4th Annual General Meeting as a publicly listed company, to share with you the...

Implementation of e-levy has been ‘very smooth’ so far – GRA

The Ghana Revenue Authority (GRA) says the implementation of the Electronic Transactions Levy (e-levy) has been very smooth. This is according to Mrs Florence Asante,...

Access Bank touts success amid covid-19 pandemic

Access Bank (Ghana) Plc has recorded an impressive growth performance across key indicators of its operations for the year ended 31st December 2021. This...

Shanghai lockdown: Covid restrictions to be lifted on businesses

Authorities in Shanghai have announced that some Covid-19 lockdown measures imposed on businesses will be lifted from Wednesday. Plans have also been introduced to support...

Ghana signs $69.88 million renewable energy agreement to enhance electricity access

Ghana has signed a $69.88 million renewable energy agreement to enhance electricity access in the next four years. Under the agreement, about 6,890 households, 6,001...

MTN Ghana’s 4th virtual AGM slated for May 30

Scancom PLC (MTN Ghana) will hold its fourth Annual General Meeting (AGM) on Monday, May 30, 2022. The virtual meeting will be streamed live from...

COCOBOD announces closure of main cocoa crop season

The Ghana COCOBOD has announced the closure of the main cocoa crop season. “It is hereby notified for general information that purchases of the 2021/2022...

Twitter investor sues Elon Musk and platform over takeover bid

A Twitter investor is suing Elon Musk and the social media platform over the handling of the billionaire's $44bn (£34.9bn) bid for the company. The...

E-Levy fallout: Mobile money agents cashing in on deposit transactions

Contrary to fears that the implementation of the Electronic Transfer Levy (E-levy) would collapse the business of mobile money agents, there seem to be...

Ireland: ‘We don’t want UK-EU trade war’- Irish PM

A UK-EU trade war would be "shocking" and "unnecessary", the Irish Prime Minister Micheál Martin has said. He called on the UK government to "get...

Ukraine war: World Bank boss warns over global recession

The head of the World Bank has warned that Russia's invasion of Ukraine could cause a global recession as the price of food, energy...