… Management reacts to workers demo seeking restructuring The management of the Tema Oil Refinery (TOR) has refuted claims by some workers that the company is being run down by the current Board of Directors and therefore they should be sacked. Some workers staged a protest on Wednesday, October 5, 2020, demanding that the government […] The post TOR Board not incompetent appeared first on

Six beneficiaries of the MTN Bright Scholarship programme have graduated with first-class honors from the Kwame Nkrumah University of Science and Technology, University of Education and the University of Cape Coast respectively. These beneficiaries were supported by the MTN Ghana Foundation through its Bright Scholarship Scheme to pursue degree programs in various disciplines. The scholarship […] The post MTN

Fifty entrepreneurs in the Ahafo Region have received massive support to propel them begin their businesses. The 50 beneficiaries have undergone successful training in hairdressing, baking and confectionery, sewing and welding. They have also been presented with free start-up kits for the various enterprises. The items include sewing machines, hair-dryers, welding machines, ovens and gas […] The post NBSSI,

Rwanda and Ghana have resolved to tighten bilateral relations with a broad, varied economic agenda at the core. This week, the Minister of Foreign Affairs and International Cooperation of the Republic of Rwanda,  Dr. Vincent Biruta travelled from Rwanda to Ghana to take part in a series of events that will help to strengthen and […] The post Rwanda-Ghana relations to spur

The Honour: ‘Ever since you assumed the position of the Commissioner of Insurance and Chief Executive Officer of the National Insurance Commission…your achievements, key among which is the introduction of the Motor Insurance Database (MID) to checkmate fake motor insurance in Ghana cannot go unnoticed. Your institution of an Insurance Education Fund to build the […] The post The

The success of any economic recovery after the pandemic in Ghana, and African at large, will depend on how resources can be efficiently mobilised and managed with digitisation and innovation as well as an improved business and investment environment. These, along with transparency in governance and expenditure, according to K.Y. Amoako founder and President of […] The post Post

“The only constant is change,” might seem like an overbeaten cliché but COVD-19 has once again brought the veracity and usefulness of the expression to bear. Whilst pandemics are not new, the effects of the current one, anchored largely upon the world being interconnected on a scale never seen before has left no country, industry […] The post Retail

Parliament has unanimously passed the Air Navigation Services Agency (ANSA) bill to decouple Ghana’s air navigation service unit from the Ghana Civil Aviation Authority (GCAA). This follows a decade and a half of advocacy by aviation industry players for the country to follow best international practices. The International Civil Aviation Organisation (ICAO) and Civil Air […] The post Editorial

This year’s National Farmers’ Day is being observed today owing to the fact that Ghana goes to the polls on December 7 to elect both the President and parliamentarians, though December 4 will still be observed as a public holiday. The B&FT uses this auspicious occasion to congratulate the country’s hardworking farmers and fisherfolk on […] The post Editorial:

Vodafone Ghana has been adjudged Telecom Company of the Year and Brand of the Year 2019 at the third edition of the Ghana Business Awards (GBA) held at the Kempinski Hotel in Accra last week. Vodafone Ghana won these prestigious awards for continuously setting landmarks in the areas of product innovation, customer experience, industry, community […] The post Vodafone wins two at Business

The Agricultural Development Bank (ADB) has reiterated its commitment to agricultural financing by implementing a strategic plan that will increase the share of Agricultural loans in the bank’s total loan portfolio to a minimum of 50 percent by 2022. The Managing Director of ADB, Dr. John Kofi Mensah, who announced this said the bank has […] The post ADB to allocate 50% loan

Standard Chartered Bank Ghana Limited has won the award for the ‘Best Retail Bank in Ghana’ at the 2020 Asian Banker Middle East and Africa Regional Awards. The award was presented to Standard Chartered Bank during a virtual awards ceremony earlier this week. This adds to the growing list of international banking awards won by […] The post Standard

Soak in the sun and pack extra with the airline Emirates is giving travellers the opportunity to fly better to Dubai with a special offer for Business Class and Economy Class passengers. Travellers from Ghana planning a trip to Dubai can enjoy special fares on travel, in addition to excess baggage. Fares in Economy class […] The post Emirates offers special fares

First National Bank has been named as the SME Bank of the Year at the Global SME Finance Forum Virtual awards ceremony. The Global SME Finance Awards 2020 which are endorsed by the G20’s Global Partnership for Financial Inclusion (GPFI) were organised by IFC, a member of the World Bank Group and the SME Finance […] The post First National Bank crowned the best

A fire outbreak, last night, has razed the building housing the offices of ghanabusinessnews.com, a local online based media organization, on the Accra High Street, in Accra. It is estimated that properties destroyed by the fire, at the structure which also hosts other offices including Catholic Clinic and Laboratory, could run into thousands of Ghana […] The post Fire destroys

Guinness Ghana Breweries PLC has declared dividend for the third year running to its shareholders, after the company’s 48th Annual General Meeting held in Accra. The financial year under review delivered GHc 4.26 million in dividend, which translates into a dividend payout of GH¢0.0138 per share, which was approved by the shareholders on Wednesday 4th […] The post Guinness

… as gov’t officials express confidence in meeting outstanding benchmarks Managing Director of CAL Bank, Philip Owiredu has called for more visibility of the steps undertaken to bring reforms with regards to anti-money laundering (AML) and counter-terrorist financing (CTF), particularly in the financial sector, as it is crucial for the perception and goodwill of the […] The post CalBank

… but GIPC boss says stakeholder consultations delaying implementation A few days after players in the beverage industry hailed the effects of the Ghana Revenue Authority’s (GRA) excise tax stamp on the curbing of counterfeit products, players in the textiles and garment industry have launched a fresh campaign for the implementation of the textile tax […] The post Textiles,

Even though government has revised its growth target for the year upwards, Professor of economics at the University of Ghana, Peter Quartey, has projected the economy to exceed that target given the rebound of economic activity in various sectors. Finance Minister Ken Ofori-Atta in his 2021 first quarter budget presentation revised the growth target for […] The post Economy

About 90,000 small-scale rice farmers across the 16 regions in the country have received diverse support to boost rice production in order to make the country self-sufficient producer of the staple food in the next few years. The support to the farmers is part of the implementation of a three-year (2018-2021) project dubbed “The public-private […] The post AGRA