The President of the Chartered Institute of Bankers (CIB) Ghana, Patricia Sappor, has said that banks are aggressively driving their digital products and service to help government move the economy from a cash-based system into one that is near cashless or at least, cash-lite.
She emphasised that whilst banks are...
Shandong Gold Mining Co, one of China’s biggest gold producers, said on Thursday it would buy Ghana-focused miner Cardinal Resources Ltd for around A$321 million ($221 million) in cash.
The deal continues a recent M&A flurry by Chinese gold firms after spot prices for the precious metal hit their highest...
The Ghana Stock Exchange (GSE) has expelled Liberty Securities Limited and First Atlantic Brokerage Limited from membership of the Exchange. Their expulsion means that they cease to be Licenced Dealing Members (LDM) of the Exchange.
A release from the GSE added that these two brokerage firms are no longer allowed to...
Food Outlook report assesses global supply and demand for major food commodities
Food markets will face many more months of uncertainty due to COVID-19, but the agri-food sector is likely to show more resilience to the pandemic crisis than other sectors, according to a new report released by the Food...
The annual Grand Prix Awards, which were held on 11 June 2020, in South Africa recognise the best performing dealers in the Volkswagen Brand.
This year’s ceremony themed, ‘Made to Move You’ was slightly different. For the first time in the history of the Grand Prix Awards, the ceremony was...
In this COVID-19 time, everything is going digital and online businesses are thriving very well. Most business owners who traditionally would not do their business online are now online attracting their customers and/or using digital platforms to receive payment. One of such business is the oldest profession in the...
Nigeria’s naira eased by 6.2% against the U.S. dollar on the official market on Wednesday after the government moved to converge its multiple exchange rate regime, traders said.
The naira opened for trade at 385 per dollar on the market, supported by the central bank. It closed at 361 at...
In line with international commerce rules and expectations, organisations which Ghana belong to such as the United Nations Conference on Trade and Development (UNCTAD), The World Trade Organization (WTO), the Africa Union (AU) and the Economic Community of West African States (ECOWAS) have demanded from all member states to...