Plans to borrow up to US$5bn from bond market Pins economy’s future on GH¢100bn GhanaCares By Obed Attah YEBOAH Finance Minister Ken Ofori-Atta has asked Parliament to approve GH¢27.4billion to fund government’s budgetary needs for the first three months of next year, further asking the House to approve plans...
Real Estate Minute with Cyril Nii Ayitey Tetteh Top of the day to you fellow Ghanaians! I trust you are keeping well. It has been an exciting couple of months with our series of extractions from sessions at the 3rd Ghana Green Building Summit. We hope you have enjoyed the...
Bolstering the efforts of government and critical institutions in managing the transmission of COVID-19   MODEC Inc., a leading provider of floating solutions in the upstream petroleum industry, and its partners - namely Mitsui & Co. Ltd., Mitsui O.S.K. Lines, Ltd. and Marubeni Corporation - through their partnership in the...
The government of Ghana has confirmed reports that it is at an advanced stage in discussions with Bharti Airtel and Tigo for the transfer of AirtelTigo shares to government - along with all customers, assets and agreed liabilities. The transaction, a statement from the Communications Ministry said, will shortly be...
Olam Ghana, a wholly-owned subsidiary of leading food and agri-business Olam International, has launched its locally grown and sourced rice brand – Mama Gold, a premium jasmine rice –  to bring more choices to consumers in Ghana. Already a successful and established rice brand in Nigeria, Mama Gold will offer...
…as Alhassan Andani retires on Nov 30th The Stanbic Bank Ghana board of directors, with approval from the central bank, has selected Kwamina Asomaning, currently the Executive Director of Corporate and Investment Banking, as their new Chief Executive. Kwamina Asomaning, a key member of Andani’s team for the past 10 years,...
...as it launches 60th anniversary The Volta River Authority (VRA) is seeking to use digitisation to drive the next chapter of its growth, and also wants to be the leader in the country’s electric vehicles space. The state-owned power generator and supplier of electricity will mark its 60th anniversary in April...
Ecobank Ghana and the Devtraco Group have signed a mortgage financing agreement under which Ecobank will provide exclusive financing arrangements to would-be homeowners desirous of patronising luxury and middle-income homes from Devtraco Plus & Devtraco Limited. The agreement, which was signed at the ultra-modern head office of Ecobank in Accra,...
While the coronavirus pandemic has had a negative impact on many businesses throughout 2020, a recent rebound in mergers and acquisitions (M&As) has pointed towards a partial recovery in investor sentiment – as well as demonstrating that certain sectors have taken on greater importance as a result of COVID-19. During the...
Johnson & Johnson launches 'Mind-4-life' & Mental Health Training project and offers full scholarship to nurses in Ghana. Mental health education and demand for service have over the years been relegated to the background due to the stigma it comes with. Against this background, the world’s largest and most broadly-based healthcare...