The Ghana Stock Exchange (GSE) has lifted the suspension of trading in the shares of agric-focused bank, ADB, which allows the bank’s shares to be traded. The exchange, on Wednesday, 7th March, suspended the trading of shares of the bank to seek clarity on the purported takeover of ADB by...
Managing Director of CalBank, Frank Adu Jnr., has won the prestigious African Banker of the Year at an award ceremony held at the Sandton Convention Centre, Johannesburg, South Africa. In addition to this recognition, Frank Adu Jnr. was also inducted into Africa’s CEOs Hall of Fame for 2018 for his...
The reduction in electricity tariffs for both residential and commercial establishments, will bring a huge relief to private businesses, the Private Enterprises Federation (PEF) has said. “The Governing Council of PEF, together with its member associations and chambers, is very elated and would like to express its profound appreciation to...
The Ghana Cocoa Board (COCOBOD) has outlined plans to sell bills and notes to fund a nationwide cocoa-replanting programme, in an effort to boost yields following an outbreak of disease. In late December, international media reported that COCOBOD - the industry regulator - was considering a plan to sell 182-day...
GHL Bank, formerly Ghana Home Loans Limited, has introduced its new flagship ‘Save-to-Own’ mortgage product to the local market. The product, which is uniquely designed to enable applicants acquire a personal home, will also demonstrate the prospective homeowner’s commitment and ability to make scheduled payments to service a mortgage. GHL Bank,...
On the occasion of International Women’s Day, Emirates is celebrating women by showcasing diversity and how integral they are to the operational and technical roles in the Group. As part of the recognition, a video documents and provides a ‘behind the scene’ look at women employees across various Emirates Business...
Ethiopian Cargo & Logistics Services has also been awarded as “Fastest growing International Cargo Airline of the Year” at Air Cargo India International conference held in Mumbai on February 21, 2018. The biennial awards ceremony was held in conjunction with the seventh edition of Air Cargo India exhibition and...
Coca-Cola is planning to produce an alcoholic drink for the first time in the company's 125-year history - with an alcopop-style product in Japan. It is keen to cash in on the country's growing taste for Chu-Hi - canned sparkling flavoured drinks given a kick with a local spirit called...
A report released by the World Bank says Ghana’s macroeconomic performance continues to show improvement as in 2017 it performed better than the difficult 2016. Per the report which is dubbed ‘3rd edition of the Ghana Economic Update’, the country’s economy in a fifth successive quarter in 2017, has expanded...
SIC Financial Services Limited (SIC-FSL) one of the shareholders of ADB has denied having pledged its shares in adb to uniBank in fulfillment of an earlier financial commitment. A source within the company tells thebftonline.com that, SIC FSL which is an arm of the State Insurance Company (SIC) a government...