BUSINESS

After Impressive H1 Performance, UBA Charts Course for Sustained Profitability in H2 2023, Anchored on Customer-Centric Values

    Following the exceptional performance in the first half of the 2023 financial year, Africa’s Global Bank, United Bank for Africa (UBA) Plc, has said that it’s firmly committed to achieving sustained profitability by the end of second half.    The bank’s management assured its stakeholders including shareholders, local and foreign investors …

Read More »

Ivory Coast sets 2023/24 cocoa farmgate price at 1,000 FCFA

Ivory Coast has increased its cocoa farmgate price by 11.1% from 900FCFA to 1,000FCFA ($1.62) per kilogram for the 2023/24 crop season. The minister for agriculture and rural development, Kobenan Kouassi Adjoumani, also announced the new farmgate price for coffee as 900 CFA francs/kg, representing a 20% raise. Ivory Coast, …

Read More »

GIPC urges businesses to register TTAs in compliance with the law

  Naa Lamle Orleans-Lindsay   Naa Lamle Orleans-Lindsay, Head of the Legal Department at the Ghana Investment Promotion Centre (GIPC), has called on Ghanaian businesses to ensure that their technology transfer agreements (TTAs) are registered with the GIPC in compliance with the Technology Transfer Regulations (L.I 1547) and the GIPC …

Read More »

GIGM Opens New Terminal At Spintex, Accra

    Transport company heavyweights GIG Mobility (GIGM) has opened its second terminal (Branch) in Accra at Spintex.   At its grand opening ceremony yesterday, CEO of GIGM Okhae Enahoro said the opening of the new terminal; the second in Accra and the third in the country will help create …

Read More »

UBA Tastes of Africa: A Culinary Celebration at UNGA

    Yesterday, on the sidelines of the ongoing United Nations General Assembly (UNGA), UBA America hosted an exceptional event that tantalized the taste buds and celebrated the diverse and vibrant culinary traditions of Africa. Tony O. Elumelu, Group Chairman of UBA Group; Oliver Alawuba, Group GMD/CEO, UBA Group; Sola …

Read More »

Tony O. Elumelu Advocates for Africapitalism at Clinton Global Initiative

Tony O. Elumelu   During the sidelines of UNGA78, UBA Group Chairman, Tony O. Elumelu, participated in a thought-provoking panel at the Clinton Global Initiative on Philanthropy. He shared valuable insights alongside co-panelist Dr. Carmen Rojas, President of the Marguerite Casey Foundation, and was skillfully moderated by Jonathan Capehart of …

Read More »

Ghana’s first GMO crop hits market by end of 2023

A new Genetically Modified (GM) cowpea variety developed by the Savannah Agriculture Research Institute (SARI) is set to hit the Ghanaian market by the end of 2023. According to the developers, the new cowpea which is Ghana’s first ever GMO crop will increase the yields of farmers by nearly 300 …

Read More »

Aboboya borla taxi online App to be unveiled soon

The Central Regional Branch of the Ghana Tricycle Association, representing tricycle operators locally known as ‘Aboboyaa,’ has announced the upcoming launch of a digital application aimed at improving waste collection services. This new application is designed to provide customers with convenient access to on-demand garbage collection services, often referred to …

Read More »

Kiddy Love Montessori Kicks off As Parents Applaud Management

The management of the newly established preschool, Kiddy Love Montessori Learning Centre has been applauded by parents for excellent facilities and set up. Mr. Kennedy Manu, a parent in an interview hinted that, indeed the school is one of the best in Ablekuma West and its vicinity. ” I did …

Read More »

Gold Fields will decide fate of Ghana mine within four months

Gold Fields Ltd. will decide whether to keep or dispose of its stake in its smallest gold asset within the next four months, according to interim Chief Executive Officer Martin Preece. The Johannesburg-listed firm is “exploring all the options” for the Asanko gold mine in Ghana, including a total divestiture …

Read More »

Tony Elumelu Foundation, UNICEF’s Generation Unlimited, and IKEA Foundation Announce Partnership to Launch Green Entrepreneurship Programme that Addresses Triple Planetary Crisis

    The Tony Elumelu Foundation, UNICEF’s Generation Unlimited (GenU), and IKEA Foundation are thrilled to announce their strategic partnership to launch a pioneering Green Entrepreneurship Programme that is aimed at empowering African youth and tackling the triple planetary crisis of climate change, biodiversity loss, and resource scarcity.   In …

Read More »

Accra High Court grants NAM1 fresh GH¢500 million bail

An Accra High Court has granted a fresh bail to Nana Appiah Mensah (NAM1), the Chief Executive Officer of defunct gold dealership, Menzgold. It follows the start of fresh proceedings on the case brought against him by the Attorney General in August 2023. According to a 3news.com report, following reports of attempts to …

Read More »

Full list of new UK visa fees to be implemented in October

The United Kingdom government has announced an increment in immigration and nationality fees which will be paid for vital services effective October 4, 2023. According to the UK government, the new charges will see the cost for visit visas for less than six months increase from £15 to £115 while …

Read More »

ECG owes us $658 million – Bui Power Authority

The debt owed Bui Power Authority (BPA) by the Electricity Company of Ghana (ECG) has shot up astronomically from $612million to $658 million, Chief Executive Officer of the power generation company, Samuel Kofi Ahiave Dzamesi has stated. He pointed out that the debt keeps increasing because BPA continues to generate …

Read More »

Ghana set to establish lithium refinery in Western Region

All is set to establish a lithium refinery in the country in the Western Region. To this end, Lithium Resources Ghana Limited, a joint venture company of UK-based CAA Mining Ltd and Em­pire Rare Earth and Metals Group Ltd, a local company are currently exploring suitable and strategic location for …

Read More »