The Ghana National Chamber of Commerce (GNCC), as part of its strategic plan, would soon establish a regional shipping line dedicated to the West African coast to facilitate trade within the region. The shipping line, which is a West Africa project, has undergone the necessary procurement procedures with government and stakeholders, and it is expected … Read more
Only five banks out the 30 have transferred their records to the Public Records and Archives Administration (PRAAD) as required by the law. They are namely, Ecobank Ghana, Standard Chartered Bank Limited, Stanbic Bank, Bank of Africa and the Universal Merchant Bank. A source at the PRAAD told the GRAPHIC BUSINESS in Accra, that the … Read more
In the years since the global financial crisis, Africa has witnessed a rapid expansion of cross-border banking, led by banking groups based in Africa that are spurring financial and economic integration and transforming the continent’s financial landscape. These institutions are occupying a space created by the retreat of several global bank groups from Africa in … Read more
Trading on the Ghana Stock Exchange (GSE) for the second week of February (6-10) hit marginal turbulence and as a result, the benchmark GSE-Composite Index lost 1.1 percent on a week-on-week basis, to close at 1,805.1 points. The lost represents a year-to-date return of 6.9 percent, despite the advance to decline ratio coming in at … Read more
Most of the regularly traded financial stocks are recovering from two consecutive years of battering occasioned by a harsh macroeconomic environment which wiped billions off their worth. The stock market is, thus, set for revival, as analysts anticipate the return of investors who leaned towards government securities over the past two to three years. Already, … Read more
Among the beneficiaries was the Maternity Department of the Korle-bu Teaching Hospital Ecobank Ghana has donated a variety of equipment worth GHC600 to some health and educational institutions across the country over the weekend. This according to the company forms part of its activities to mark this year’s “Ecobank Day” a Corporate Social Responsibility initiative … Read more
From the beginning of the competition, she was given no chance and to make matters worse, she comes from a town not associated with academic excellence or anything good for that matter – Ashaiman. Lily Ama Tugbah, the winner of the 10th edition of the Spelling Bee competition, proved all doubters wrong when she correctly … Read more
The current falling Treasury bill rates will not reflect a drop in the cost of credit in Ghana, Ecobank Research has stated in its latest analysis of the Ghanaian economy. According to the report, it does not expect a fall in Treasury yields to lower commercial banks’ cost of local currency funding. The Research body … Read more
Twelve-year-old Gabriella Ellis of the Delhi Public School (DPS) in Tema placed 1st runner-up after over 12 hours of grueling competition at the grand finale of this year’s annual National Spelling Bee contest, which was held at the Accra International Conference Center on Saturday, February 5. Gabriella lost the ultimate prize – consisting of an … Read more
Accra International Conference Centre (AICC) was a sight to behold last Saturday as parents, teachers, head teachers, family, and friends as well as students from numerous schools across the country gathered to witness the finals of the competition. After seven (7) seven grueling rounds of spelling, twelve-year-old, Lily Tugbah, of the Solidarity International School in … Read more
12-year-old Lily Tugbah has emerged winner of the 2017 edition of the National Spelling Bee Championship. The JHS 1 student of Solidarity International School in Ashaiman in the Greater Accra Region, beat 197 other spellers from across the country to win the ultimate. At the grande finale of the competition in Accra on Saturday [February 4, … Read more
Ecobank recorded the highest positive issues projections across the traditional media last year, with Access Bank following with 3,007 positive issues projections according to sentiment ratings data analyzed by Ghana’s leading media monitoring firm, Center for Media Analysis (CMA). The sentiment ratings basically measured the nature of the various news stories that were reported on … Read more
The Managing Director of Global Media Alliance Broadcasting (GMA), Akwasi Agyeman, has been appointed acting CEO of the Ghana Tourism Authority. The Tulane University trained banker and management expert, is expected to bring his banking experience to bear on the Authority. He is currently in charge of the broadcasting wing of the Global Media Alliance, … Read more
The Managing Director of Global Media Alliance Broadcasting (GMA), Akwasi Agyeman, has been appointed acting CEO of the Ghana Tourism Authority. The Tulane University trained banker and management expert, is expected to bring his banking experience to bear on the Authority. He is currently in charge of the broadcasting wing of the Global Media Alliance, … Read more
The Managing Director of Global Media Alliance Broadcasting (GMA), Akwasi Agyeman, has been appointed acting CEO of the Ghana Tourism Authority. The Tulane University trained banker and management expert, is expected to bring his banking experience to bear on the Authority. He is currently in charge of the broadcasting wing of the Global Media Alliance, … Read more
The third week trading on the Ghana Stock Exchange (GSE) continued upward trajectory as the bullish sentiments which characterized trading persisted on the Accra Bourse as investors’ appetite for Ghanaian equities ascended. In effect, the benchmark GSE-Composite Index rose by 1.4 per cent on a week-on-week basis to close at 1,759.3 points. This represents a … Read more
The Ghana Stock Exchange is projected to perform well this year despite a poor performance last year. The Ghana Stock market ended 2015 with a negative growth with managers of the market further predicting the same situation for 2016. Despite the challenges some stocks brazed the odds and performed well last year. A cursory study … Read more
An Accra Circuit Court on Monday remanded three persons accused of conspiring and robbing their victims, including an Appeals Court judge, of their belongings at gunpoint. Dickson Addai, Prince Owusu and Gbekor Marvin are said to have robbed Gertrude Araba Esaaba Torkorno, Francis Kofi Torkorno, Anthony Kodua Bediako and Patience Hammond of their valuables. Dickson … Read more
Cocoa processing volumes by European grinders recorded an unexpectedly weak finish to 2016 – although the data provoked only minimal losses in futures, amid hopes for demand improvement this year. Cocoa processors such as Barry Callebaut, Cargill and Olam ground 339,379 tonnes of beans in the October-to-December period, the European Cocoa Association said. That represented … Read more
Heritage bank, one of the new banks which recently got the green light from the Bank of Ghana(BoG) to operate as a commercial bank in Ghana is to begin full operations in February this year. The bank which is a wholly owned Ghanaian bank, got the nod from the BoG to commence business operations as … Read more