emmakd 25238 posts 0 comments

According to a news report on Joy FM, monitored by ghanabusinessnews.com, the Inspector General of Police (IGP), Mr. Patrick Acheampong has been asked to proceed on leave. Unconfirmed reports say, the order was given today, January 26,…

The former Managing Director of Barclays Bank Ghana, Margaret Mwanakatwe, is said to have joined the United Bank for Africa (UBA). Joy Business sources say Mrs Mwanakatwe, an astute banker and financial analyst, assumed her new post with…

The Tullow share price fell by 10 per cent to €6.80 this week following the placing of 67 million new shares. However, with a huge increase in its reserves and its banking facilities in place, Tullow is well-placed to benefit from any…

Nigeria’s benchmark stock index, the world’s worst-performing equity gauge in dollar terms so far this year, is likely to end 2009 lower by 8 percent to 44 percent on the slide in oil prices, Renaissance Capital said. “We are broadly…

Just because the issue of food prices has not been in the headlines recently it has not gone away. Although prices have fallen from the highs recorded during the unprecedented spike at the beginning of 2008, they have not fallen back to…

Former President Jerry Rawlings has rubbished the ex-gratia awards for ex-presidents and former public officials that have been approved by the country’s Parliament. The awards were approved a day before the Kufuor administration handed…

The Ghana Stock Exchange (GSE) would complete its Wide Area Network (WAN) in February and traders can start trading from their offices. This development would make trading easier for businesses. A Citi Business News bulletin monitored by…

One of Ghana’s private TV stations, TV3 is set to make history as the first private broadcaster to go public when the station floats shares at the Ghana Stock Exchange. The company has received approval to float its Initial Public Offer…

Mr. Kofi Bentil, a lecturer and Business Strategist says Ghana must make a conscious effort to focus on the services sector for economic growth. The University of Ghana and Ashesi University lecturer, said a deliberate and concerted effort…

Africa's immature banking industry presents great opportunities, and the expansion into the continent that South African banking giants had undertaken may prove to be a prudent move as growth in the local market slows down. Ross Jenvey, an…