BUSINESS

Government has stated it will soon roll out a gold refinery policy. The move, according to government is to retain most of Ghana’s gold and add value which is currently absent due to the lack of a refinery policy. Stating the numerous loss of income due to the exportation of raw gold, the Minister of Lands and Natural Resources, John ...

Bodyfuel GH, an internationally acclaimed and accredited wholesaler of premium nutritional supplements and healthy lifestyle advocates, has opened first its first brand shop in East-Legon to supply the Ghanaian market with wholesome and affordable food supplements. The reputable brand aims to provide Ghanaians with assorted food supplements ranging from men and women’s protein drinks/powders, multivitamins, pre and post-workout supplements as ...

Mr. Brahim Benjelloun Touimi, BOA Group Chairman and BMCE Bank of Africa Executive Managing Director has visited BANK OF AFRICA, Ghana to acquaint himself with the operations of the Bank in Ghana and to interact with Management to evaluate the bank’s strategies for the year. His visit was a follow up visit to an earlier visit by the Chairman and ...

Barclays PLC reduces ownership in Barclays Africa to 23.4% in overnight bookbuild Additional 7% to be taken up by the Public Investment Corporation at a later date Share placement multiple times subscribed Barclays Africa emerges with significantly more diverse shareholder base Barclays Africa PLC has reduced further its stake in Barclays Africa Group Limited to 16.4%, following the sale of ...

Innovation and technology are gradually taking ground in the Ghanaian banking sector, with many banks utilizing technology to make banking faster and easier for their customers. Speaking on JOYNEWS’ business leadership program the Executive Lounge, CEO of Stanbic Bank Ghana Alhassan Andani, said looking at the trends of technology in the financial sector, in the next ten to 15 years, ...

Ghana’s premier cement manufacturer, Ghacem will from next week start training block-makers across the country to equip them with skills on the best grade of cement for blockmaking. The innovation, which is under the Ghacem Cement Academy, is a flagship program of the manufacturing company aimed at reducing unemployment as well as improving the manufacturing of cement blocks in the ...

The Finance ministry has begun moves to ensure players in the financial sector respect the guidelines that govern their operations. The ministry is worried many financial organisations operate beyond their mandate. The ministry is particularly concerned about the profit seeking motives behind the practice by some Banks, Microfinance Institutions and Fund managers. Speaking at the 6th AGM of the Association ...

Ghana lost about $1 billion in cocoa revenue during the last six months due to a fall in global cocoa prices. The price for a ton of cocoa dropped US$ 3,000 to US$ 2,032 as at June 1, 2017. Global production of cocoa has seen an increase of 15% as against a demand of 2.9%. Watchers of the cocoa market ...

The Kosmos Innovation Center on Thursday hosted a second round of business plan pitches at the ISSER auditorium at the University of Ghana, Legon. The first in the series of three business plan pitches was held last month on April 28. At Thursday’s session, 16 teams pitched their proposed business plans which aim to address business challenges in a wide ...

Board Chairman of the Ghana Cocoa Board, Hackman Owusu-Agyemang says government will embark on a mass spraying exercise of cocoa farms across the country in June this year (2017). According to Mr. Owusu-Agyemang, the mass spraying exercise will help cocoa farmers effectively manage cocoa pests and diseases as well as improve the soil fertility and quality of cocoa. Speaking exclusively ...