Business
Stanbic holds talks with Chinese ambassador over enhanced Ghana – China Trade Ties
The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, together with some Senior Executives of the bank recently met with the Chinese Ambassador to Ghana, H.E. Lu Kun, to promote deeper trade and investment ties between Chinese and Ghanaian businesses. During the meeting, Mr. Asomaning underscored the importance of the strategic partnership between Standard Bank, […]
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News
Golden Star Wassa Ltd appoints Mr. Carl Baker-Duly as Chief Executive Officer
By Juliet Aguiar DUGBARTEY Golden Star Wassa Ltd (GSWL), a gold mining company in Ghana and a subsidiary of Chifeng Gold has announced that its Board of Directors have appointed Mr. Carl Georg Baker-Duly as Chief Executive Officer (CEO) of GSWL. Prior to this appointment, Mr. Baker-Duly was appointed by the Executive Committee of Chifeng […]
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Editors' picks
China and Russia stand for global governance reforms
By Kestér Kenn KLOMEGÂH China and Russia have renewed their anti-Western confrontation during high-level meeting in early April 2024 in Beijing. China demonstrates greater readiness to team up with Global South to “promote reforms in the global governance system” while Russia vehemently confronts “Western-led bloc” during talks in Beijing. But both further pledged to strengthen multilateral strategic […]
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World News
Russia, China to deepen security cooperation in Asia, Europe
Russia and China have agreed to discuss ways to deepen their security cooperation in Asia and Europe to counter attempts by the United States to impose its will on the region, Foreign Minister Sergey Lavrov has said. “For a long time, there was a Euro-Atlantic security structure in the form of NATO … as well […]
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International
Millions of Americans caught up in Chinese hacking plot – US
Millions of Americans’ online accounts have been caught up in a “sinister” Chinese hacking plot that targeted US officials, the justice department and FBI said on Monday. Seven Chinese nationals have been charged with enacting a widespread cyber-attack campaign. They are accused of ties to a hacking operation that ran for 14 years. The US […]
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Ex-China FA boss sentenced to life imprisonment
Former president of the Chinese Football Association (CFA), Chen Xuyuan, has been handed a life sentence for his involvement in bribery, marking a significant development in China’s anti-corruption crackdown within the sports sector. Chen Xuyuan, along with several senior sporting executives, was sentenced on Tuesday following an extensive investigation, as reported by state media. The […]
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Editors' picks
Gokals partners with ZEISS Vision to introduce cutting edge lenses
Gokals Ani Ltd has partnered with Zeiss Vision to introduce cutting-edge lenses to Ghana. This partnership marks a significant milestone in the optics industry in the region, heralding a new era of unparalleled vision solutions. Gokals Ani was registered in 2020 and is the first lab in Ghana to commence Digital Freeform Lens production in […]
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Business
Fidelity Bank Ghana responds to allegations of FX mismanagement
Fidelity Bank Ghana LTD has responded to claims that it sold dollars to the Electricity Company of Ghana (ECG) at rates different from the ones announced by the Bank of Ghana. The company in a statement insisted that the allegation “is false and misleading, and we have not had any FX deal with ECG at […]
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Columnist
The drums of US-China cyber war
By Stephen S. Roach FBI Director Christopher Wray recently upped the ante in America’s anti-China campaign. In congressional testimony on January 31, he sounded the alarm over intensified Chinese hacking activity and warned that US infrastructure – telecommunications, energy, transportation, and water – is acutely vulnerable to the Chinese state-sponsored hacker group Volt Typhoon. Front-page […]
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News
eTranzact parts ways with Bernard Elikem Adelashie
eTranzact Ghana Ltd, would like to inform valued partners and clients about the departure of Mr. Bernard Elikem Adelashie, formerly Business Development Officer. Mr. Adelashie’s official separation from the company as a staff took effect Tuesday 13th February 2024, eTranzact wishes to strongly caution the public against doing business with him as a representative of […]
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Companies
CPC targets more domestic consumption of cocoa products
By Evelyn ARTHUR, Tema Managing Director of Cocoa Processing Company Ltd, PLC, Kojo Ofori-Safo, has indicated that the company has produced more than enough chocolate and cocoa based products for the Ghanaian market and beyond. According to him, the company aims to produce about 3,000 metric tonnes of chocolate this year translating into over 40 […]
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Agribusiness
Access Bank supports 3 women-led agribusinesses with GH¢ 100,000.00 each
Access Bank has provided funding support to three women entrepreneurs within the agribusiness sector. Each of the beneficiaries received a seed capital of GH¢100,000.00 through the “Access W” initiative, specifically Womenpreneur Pitch-A-Thon programme to upscale their business and consequently increase their access to capital. Out of a total of 50 female entrepreneurs who participated in […]
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Business
Absa Group confirms expansion into China with new office
Absa Group has announced its physical expansion into the People’s Republic of China with the opening of a new non-banking subsidiary in Beijing. The non-banking subsidiary is now open, with the official launch event in Beijing, scheduled for the 8 May 2024. At a ceremony in Johannesburg, South Africa today, attended by Enoch Godongwana, the Minister of […]
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Business
CBG Is GIRSAL Guaranteed Credit Partner
Mr. Kwesi Korboe (L), Mr. Daniel Wilson Addo receiving the award from COO of GIRSAL Consolidated Bank Ghana Ltd (CBG) has been recognised by the Ghana Incentive-based Risk Sharing
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International
Russia and China slam US for Middle East strikes
Russia and China have slammed the United States for its recent air strikes on targets in Iraq and Syria. The two countries accused Washington of raising the risk of regional escalation at a meeting of the United Nations Security Council late on Monday. Moscow also asserted that the US decision to launch the attacks was […]
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Technology
Samsung Galaxy S24 Series is now available in Ghana
Samsung Electronics Co., Ltd. announced the global availability of the new Galaxy S24 series, which has received an impressive number of pre-orders thanks to its transformational Galaxy AI capabilities. Following the announcement, the new Samsung Galaxy S24 series achieved a double-digit increase in pre-order sales compared to its predecessor with above 65% of consumers opting for […]
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Business
CBG is GIRSAL guaranteed credit partner financial institution of the year 2023
The Consolidated Bank Ghana LTD (CBG) has been recognized by the Ghana Incentive-based Risk Sharing System for Agricultural Lending Project (GIRSAL), through its Partner Excellence Awards, with the Highest GIRSAL guaranteed Credit of the Year. The award presented by the CEO of GIRSAL, Mr. Kwesi Korboe to the Managing Director of the Bank was to […]
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World News
Vietnam, Philippines sign deals on security in disputed South China Sea
Vietnam and the Philippines have agreed to cooperate on maritime security in the South China Sea, a conduit for $3 trillion of annual shipborne trade that China claims almost in its entirety. The deals, signed during a state visit to Hanoi by President Ferdinand Marcos Jr on Tuesday, will see the two countries’ coastguards working […]
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Companies
ECL organises Service-Ready Training to enhance customer service
In a significant step to further enhance operational efficiency and customer service, Enterprise Computing Ltd. (ECL) has announced the successful completion of a Service-Ready Training Program by its management team. The three-day event took place at ECL’s state-of-the-art training facility, situated within its newly-built corporate headquarters in Tema. This initiative reflects ECL’s devotion to delivering […]
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International
China tightens stock market rules after sell-off
China has tightened its financial industry rules as the government tries to halt a deepening sell-off in the world’s second-largest economy. Nearly $6tn (£4.7tn) has been wiped off Chinese and Hong Kong stocks since their most recent peak three years ago. The China Securities Regulatory Commission (CSRC) says the measures will create “a fairer market […]
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