South Africa’s seasonally adjusted Absa Purchasing Managers’ Index (PMI) rose to its best level in five months helped by an increase in new sales orders, a survey showed on Wednesday. The index, which is compiled by the Bureau for Economic Research and gauges manufacturing activity in Africa’s most industrialised economy,...
The Court of Appeal has dealt another blow to the International Finance Corporation (IFC) and the OPEC Fund after the two had sought to block an Accra High Court from looking into the substantive case of a suit brought against them by Quantum Oil Terminals. The Accra High Court had...
The African Development Bank said on Tuesday it could consider an additional $400 million for Nigeria to support its growth and recovery efforts and was in talks with the government on how to help it reinvigorate Africa’s largest economy. The bank had been in talks with Nigeria for around a...
As part of efforts to create an enabling business environment for the transformation of micro and small enterprises (MSEs), the National Board for Small Scale Industries (NBSSI) has initiated steps to modify its operations. “The NBSSI is the process of converting all its Business Advisory Centres across the country into...
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The Dubai Chamber of Commerce and Industry’s President and Chief Executive Officer, H. E. Hamad Buamim, says Dubai and the gulf region is strategically positioned do more with Ghana in the area of trade, which is to help government to achieve its target of massive infrastructural development. According to the...
The 2017 Global Business Forum GBF Africa has been opened in Dubai today. GBF Africa provides a unique opportunity to listen to global thought leaders engage in inspirational, thought-provoking, and future-focused dialogues that shape the future of governments and business. Speakers for this conference include the Vice President of Ghana H....
Fidelity Bank has made five more lucky customers of the bank 10x richer in the third draw of the Fidelity 10x Richer Promo held at Takoradi in the Western Region bringing the total number of winners so far to 15 customers. The five lucky customers are Esther Okuto of the...
The Ghana Water Company Limited (GWCL) has said the era of illegal connections and meter theft will be a thing of the past as it readies to introduce smart meters from November. The exercise will begin with some 40,000 Danish intelligent meters, which officials of the company are upbeat will...
The Global Competitiveness Index 2017-2018 report by the World Economic Forum indicates that access to finance difficulties, high taxes, and corruption are the three-leading challenges confronting the private sector in Ghana. The data, which ranks on a scale of 0-20, assesses the 16 most problematic factors confronting businesses in all...