“We do see it as an inflection point,” Pitkethly said at the conference in Florida. Unilever (ULVR. L) (UNc.AS) is considering returning cash to shareholders, making medium-sized acquisitions and more aggressive cost cuts as part of its business review, the Financial Times reported. The Anglo-Dutch maker of Knorr soups, Dove soap and Ben & Jerry’s … Read more
The flag bearer of Great Consolidated People Party, Dr Henry Lartey has called on Ghanaians to move away from the position of always looking up to government and contribute their quota to the development of Ghana. Sharing is views on Ghana’s 60th Independence Anniversary in an interview, the Chairman and Flag-bearer of GCPP, was of … Read more
An event-packed week for global markets got underway on Monday with stocks steady and the dollar recovering from a three-day fall as investors braced for a potential interest rate hike in the United States, a Dutch election and the first G20 finance ministers’ meeting of the Trump era. Strong U. S. employment data and talk … Read more
On the Ghana Stock Exchange (GSE,) trading activity in terms of volumes on the stock market decreased by 8.09% in the week under review as volumes of shares traded scaled down by 3,292,577. Further, the total values of shares traded increased to GHS 372,200.34 representing 8.09% appreciation week on week. There were 5 gainers and … Read more
Floyd Mayweather Jr. is continuing to taunt Conor McGregor, saying he would put boxing gloves on again only to fight the UFC lightweight champion — though that doesn’t move the bout any closer to happening. During a public appearance Friday in Liverpool, England, Mayweather urged McGregor to face him in June. “For Conor McGregor, I’m … Read more
play videoThousands took to the streets of Guatemala City on Saturday, reading the names and ages of the dead Grieving parents lay to rest another victim of the fire at a children’s shelter in Guatemala. The number of girls killed in the tragedy has climbed to 39, with several still in a critical condition. Anger … Read more
In his January inauguration speech, US President Donald Trump made a seemingly straightforward pledge: “We will follow two simple rules: buy American and hire American.” His daughter is the exception: even as he spoke, at least eight shipments of Ivanka Trump-branded shoes, bags and clothes — more than 53.5 tonnes — were steaming towards American … Read more
Non-bank financial institution, Ivory Finance, has dismissed reports that it has been paid in full, the 91 million cedis owed it by insurance firm SIC. The two have been in a long standing legal and board room battle over the debt which came up after SIC guaranteed a 14 million cedi Italconstruct project for 19.3 … Read more
Non-bank financial institution, Ivory Finance, has dismissed reports that it has been paid in full, the 91 million cedis owed it by insurance firm SIC. The two have been in a long standing legal and board room battle over the debt which came up after SIC guaranteed a 14 million cedi Italconstruct project for 19.3 … Read more
These Ghana facts reveal that the nation has a lot to celebrate in terms of cultural heritage, identity, values, economy and so on… Mother Ghana celebrated her diamond jubilee yesterday March 06 2017. Though there have been some setbacks, the nation sure has a lot to celebrate in terms of cultural heritage, identity, values, and so … Read more
Teachers will be the fulcrum around which the education system in Ghana will revolve henceforth, President Nana Akufo-Addo has said. In his address on the occasion of the presentation of awards to the best BECE candidates, President Akufo-Addo said: “Award Winners, you are here today also as a result of the role your teachers played.” … Read more
A Cuban singer has filed a complaint against the Colombian pop stars Shakira and Carlos Vives, accusing them of plagiarising part of a song he wrote 10 years ago. Cuban musician Livan Rafael Castellanos claims that Shakira and Vives copied a line and part of the chorus of his 1997 song Yo Te Quiero Tanto. … Read more
Cocoa processing margins are expected to fall throughout 2017, despite low bean prices and recovering demand, Olam boss Sunny Verghese told investors. Mr Verghese said the cocoa processing business of Olam, one of the world’s top ag-traders would be see declining margins, despite cheap cocoa prices. Olam saw the combined ratio, the ratio of cocoa … Read more
Afia Ansaa Ampene, the hostess of the defunct ‘Mmaa Nkommo’ talk show on Ghana Television, has been dragged before an Accra circuit court for fraud. The accused, a pensioner popularly known as Auntie Afia, is in the dock with her son, Stephen Kwabena Osei, a trader, for allegedly conspiring to defraud and defrauding by false … Read more
Afia Ansaa Ampene, the hostess of the ‘Mmaa Nkommo’ talk show on Ghana Television, has been dragged before an Accra circuit court for fraud. The accused, a pensioner popularly known as Auntie Afia, is in the dock with her son, Stephen Kwabena Osei, a trader, for allegedly conspiring to defraud and defrauding by false pretences … Read more
The cedi lost grounds to the three major international currencies in the week ending February 24. Despite coming under pressure, the greenback appreciated by 2.88 per cent against the Ghana cedi. The local currency closed trading at GH¢4.44, representing a year-to-date depreciation of 5.71 per cent. The Euro, which stood on the defensive in the … Read more
Billionaire investor Warren Buffett used his annual letter Saturday to laud immigrants and their contribution to the growth of the US economy amid President Donald Trump’s anti-immigrant stance. “Americans have combined human ingenuity, a market system, a tide of talented and ambitious immigrants, and the rule of law to deliver abundance beyond any dreams of … Read more
MTN, Ghana’s leading telecommunications company, and Business World, Ghana’s foremost business magazine, have announced that Mr Yaw Nsarkoh, Unilever Executive Vice President for Ghana and Nigeria, will be speaking at the 19th MTN Business World Executive Breakfast meeting. The much-anticipated event is scheduled to take place at the Mövenpick Ambassador Hotel on the 1st of … Read more
Egypt legend Essam El Hadary has issued an apology to everyone at Wadi Degla SC after the latest row between him and Khalid Walid on Wednesday. The 44-year-old goalkeeper was excluded from the squad list which faced Al Ahly after reportedly slapping teammate and third-choice goalkeeper Khaled Walid, which made the latter start against the … Read more
Manager Claudio Ranieri has been sacked by Leicester City, nine months after leading them to the Premier League title. The Foxes are one point above the relegation zone with 13 matches left. “The board reluctantly feels that a change of leadership, while admittedly painful, is necessary in the club’s greatest interest,” read a statement. Ranieri, … Read more