Oil retreated late on Thursday as the U.S. dollar rebounded from early losses and strengthened, denting support for the latest crude rally, but tight U.S. supplies limited the commodity’s decline.
The U.S. dollar rose against a basket of currencies .DXY after President Donald Trump said he wanted a “strong dollar.”...
Contrary to fears that immigrants steal jobs and threaten security, a report released on Wednesday said newcomers boost developing economies and could be far more of an asset than a drain.
“Most developing countries can benefit from immigrants,” said the joint report by the Organisation for Economic Cooperation and Development...
Figures released by the Ghana Statistical Service (GSS) has shown that the Producer Price Index (PPI) ended 2017 with 8.9 percent, representing a 1.8 percentage points increase from the 7.1 percent recorded in November.
The PPI measures the average change over time in the prices received by domestic producers for...
The Controller & Accountant-General, Mr. Eugene Ofosuhene, Thursday, told the five-member Adhoc committee probing the alleged cash for seat saga that it was wrong for the Ministry of Trade and Industry (MoTI) to have used their accounts to collect funds generated from the Ghana Expatriates Business Awards.
The funds realised...
Global Media Alliance (GMA) has launched the 2017 edition of its Ghana Beverage Awards, which saw the introduction of two additional categories to honour more players in the beverage industry.
The new categories include Socially Responsible Beverage Company of the Year and New Beverage of the Year, aimed at challenging...
Unilever has called for the consumer goods industry to step up its efforts to tackle the mounting challenge of ocean plastic waste and create a circular economy for plastics.
One year after Unilever made its industry-leading commitment to ensure 100% of its plastic packaging was fully reusable, recyclable or compostable...
JPMorgan Chase & Co plans to expand its African presence into countries including Ghana and Kenya, Chief Executive Jamie Dimon said in an interview on Wednesday.
“You’ll see us open in some countries we are not in; in Africa you’ll be hearing about some of that stuff,” Dimon told Bloomberg...
Newly-merged AirtelTigo has said it is in serious discussions with some banks and business people to inject liquidity into its mobile money operations, so as to drive expansion and promote transformation in the financial inclusion agenda.
The plan includes making sure its mobile money agents have enough cash at hand...
The Ghana Union of Traders Association (GUTA) has sent a strong message to the Ghana Investment Promotion Centre (GIPC) not to touch certain portions of the GIPC Act that offers protection to indigenous traders.
The warning comes after news broke that the GIPC is considering making amendments to Act 865...
The Minority Spokesperson on Foreign Affairs Hon Okudzeto Ablakwa has lamented government’s inability to use a recent petroleum signing agreement between multinational oil company ExxonMobil and the government of Ghana to highlight the fact that Africa is not a “shithole”.
The Government of Ghana, led by the Minister for Energy,...