BUSINESS

Biogen (Nasdaq: BIIB) rose as much as 300% in the last five years and if you were in on it, you did well.  But this biotech stock could show that kind of results in just a matter of a few months…. You’ve probably read about the massive gains already in this sector and unless you’re brain dead, you’ll want to ...

All is set for the African Air Expo which runs from Tuesday, October 24 through to Thursday October 26, 2017. The event which is the first of its kind in Africa will bring together some 3000 industry players and individuals from across the globe. President Akufo-Addo will officially launch the airshow on Wednesday, 25th October 2017. It will showcase the ...

Foreign Airlines have been urged to reduce airfares for Ghanaians in the Diaspora who would like to return to the country. The Aviation Ministry wants special discount airfares advertised by foreign airlines to target Ghanaians as well as expats. The Aviation Minister, Cecilia Dapaah, believes the current development where many expats benefit from discount airfares is not only unfair but ...

First National Bank, a division of FirstRand group, (which is the largest financial institution in Africa by market capitalisation) has been adjudged The Most Innovative African Bank at the 2017 African FinTech Awards for the second year in a row. The African FinTech Awards recognizes innovative and disruptive financial technology companies that have excelled in their sphere of business. Some ...

Energy Bank has rebranded to Energy Commercial Bank. A statement announcing the change, however, adds that all documents bearing the former name still remain valid. “Wishes to bring to the notice of its valued customers, the general public, and all stakeholders a change of its name to Energy Commercial Bank. “The new name has become necessary because of the Bank’s ...

The Government has announced that it will maintain the producer price of cocoa for the 2017/2018 crop season despite the sharp decline in the price of cocoa on the world market. The price of a tonne of cocoa on the world market has witnessed a dramatic decline from about $3,000 to about $1,900, a 10-year low. Food and Agriculture Minister, ...

Richmond Asante, Head of Mortgage Origination at Ghana Home Loans, says his outfit is ready to partner real estate developers to help address the housing deficit and also support more people to obtain their dream homes. Speaking at the second Developers and Estate Agents Seminar for 2017 recently in Accra, Mr Asante said the housing delivery system in Ghana was ...

Millicom International Cellular S.A. (“Millicom”), the parent company of mobile operator Tigo Ghana Limited, announced today it has completed the transaction announced on March 3, 2017, with Bharti Airtel Limited (“Airtel”), the parent company of Airtel Ghana, to combine their operations in Ghana. The successful closing will see both companies hold equal ownership and governance rights in the combined entity. ...

The Food and Drugs Authority has destroyed 4,500 cartons of rotten mackerel impounded at Mile 7 here in Accra. The rotten Asahi Mackerel was imported into the country by Dotsisco Ventures and were in transit to neighbouring Togo. They were however diverted onto the Ghanaian market and were impounded following a tip-off by some residents. Head of Communications for the ...

The Broadband Communications Chamber (BBCC), an advocacy group for the development and expansion of the broadband industry has called on the National Communications Authority (NCA) to ensure for regulatory uniformity and fairness in the broadband space. “Currently, there remains a great deal of uncertainty in the Ghanaian broadband industry…If this uncertainty persists, the Ghanaian broadband industry shall not be seen ...