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New GH¢5 note to circulate today

The new GH¢ 5 note

ROSEMOND BOATENG ADDAI | THE BANK of Ghana (BoG) has unveiled the new GHC5 denomination to mark the 60th Anniversary of Ghana’s independence from British colonial rule as well as the Bank’s 60th anniversary The new note, which has been distributed across the country, will be in circulation from …

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Govt reacts to reports of GOIL CEO appointment

A GOIL filling station

GOVERNMENT HAS dismissed reports that it has appointed a new Chief Executive Officer (CEO) for Ghana Oil Company Limited (GOIL)  and the company has issued a statement reacting to the reports. GOIL said President Nana Addo Akufo-Addo could not appoint a  CEO for the company without recourse to laid-down rules. “The …

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Tigo Business manager wins Insurance Personality award

Ms Barbara Asante (left) receiving the award

AT THE third annual National Women in Finance Awards held at the Accra International Conference Centre on Saturday, February 18, 2017, the Business Division Manager for Tigo Insurance, Barbara Asante, was awarded Outstanding Mobile Insurance Personality of the Year. She was recognised among many others as one of the captains …

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Delta offers 2017 Wine menu on-board

Delta offers 2017 Wine menu on-board

DELTA’S MASTER Sommelier, Andrea Robinson, has hand-picked her 2017 Wine selections offering exclusive choices to Delta One customers flying between Ghana and the United States. The vintages will appear on a rotating seasonal basis, with two different reds and whites available every three months. During the summer (June-August), one white …

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Your business is safe with us: Bawumia tells investors

Vice President Alhaji Dr Mahamudu Bawumia (3rd L) with a business delegation from Brazil

VICE PRESIDENT Alhaji Dr Mahamudu Bawumia has assured the international business community that Ghana is a safe, investor friendly country to do business. The government, he says, is seeking to empower and partner the private sector to be the engine of growth for the Ghanaian economy, in order to achieve …

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Tema Port records 28.7% increase in revenue

Valentina Mintah, Managing Director, West Blue Consulting

DESPITE MISSING its annual target, the Tema Port recorded a 28.7% increase in revenue collection in 2016, West Blue Consulting, operators of the Single Window System SWS, has announced. The SWS was introduced by the government to provide an integrated clearance process aimed at reducing long hours faced by importers …

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Jumia Travel launches flight services

Claira Staal, MD Jumia Travel

MUNTALLA INUSAH | AFRICA’S LEADING online hotel booking website has expands its services with a new package aimed at providing flights services, for all its customers to ease travel across the globe. This package allows travellers to get the best prices for more than 25,000 hotels in Africa and …

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MTN hosts Unilever Executive Vice President: At 19th MTN-Business World Executive Breakfast Meeting 

Mr Yaw Nsarkoh, Unilever Executive Vice President for Ghana and Nigeria

GHANA’S LEADING Telecommunications Company, MTN, 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 Movenpick Ambassador …

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PPI drops in January with 3.1%

Producer Price Index (PPI) percentage movements

ROSEMOND BOATENG ADDAI | THE PRODUCER Price Index (PPI) that measures the average change overtime in the prices received by domestic producers for the production of ex-factory prices of goods and services in January 2017 recorded 3.1% “The year-on-year inflation from the producer’s perspective for all industry was 3.1% …

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Minerals Commission predicts 3% increase in gold production

Gold bars

THE MINERALS Commission is projecting an increase of about 3% in gold production by the second quarter of this year. The Commission attributes this to the uncertainties of the policy direction exhibited by the US President Donald Trump, which is expected to positively impact gold prices. “There is a certain …

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