Insurance and commerce partners Hollard Ghana and Melcom have announced the extension of their “Shop and Insure” collaboration beyond the current in-store Hollard on-the-go booths in select Melcom stores, to e-commerce on www.melcom.com. This move will enable more Ghanaians to conveniently use digital means to access financial security on their purchases and lives. The Continue Reading
The Ministry of Foreign Affairs and Regional Integration has announced that the United Nations Security Council unanimously adopted a Ghana-Norway resolution on Maritime Security in the Gulf of Guinea on Tuesday, 31st May, 2022. As co-leader and drafter with Norway of the resolution, Ghana welcomes the adoption of the resolution, the Ministry said in a statement on Continue Reading
The Chief Executive of the National Petroleum Authority (NPA), Dr. Mustapha Abdul-Hamid continued in his streak of silverware collection as he emerged as the ‘Outstanding Public Sector Leader’ for the year 2021 at the Ghana CEO Excellence Awards held at the plush Kempinski Hotel in Accra. He was awarded for his Sterling Leadership, Achievement, Business […]Continue Reading
A top airline industry official called on Tuesday for calm surrounding recent travel chaos at some airports as people resume flying after the pandemic, blaming the gridlock on temporary delays in getting clearances for new staff. A snapback in air travel has triggered long queues at some British airports, as well as Amsterdam, Dublin and […]Continue Reading
Oil prices firmed on Wednesday after European Union leaders agreed to a partial and phased ban on Russian oil and as China ended its COVID-19 lockdown in Shanghai. Brent crude was up US$1.71, or 1.5%, at US$117.31 a barrel by 0817 GMT. U.S. West Texas Intermediate (WTI) crude rose US$1.67, or 1.5%, to US$116.34. Both benchmarks registered […]Continue Reading
West Africa-focused Tullow Oil will acquire Capricorn Energy in an all-stock deal valued at 656.9 million pounds (US $826.7 million), the London-listed energy groups said on Wednesday, as they focus on the reserve-rich African region. Investors in Capricorn, formerly known as Cairn Energy, will receive 3.8068 Tullow shares for each share they hold, and will own 47% […]Continue Reading
South Africa’s Gold Fields Ltd’s is set to become one of the four biggest gold miners in the world after agreeing to acquire Canada-based Yamana Gold in a US$6.7 billion all-share deal, the biggest in the region in years. Shares in the South Africa-listed mining company fell 20%, though, and investors voiced concern about dilution on a call with […]Continue Reading
The telecommunication companies (Telcos) registered an over-300,000 loss of mobile money subscribers in the month of April prior to implementation of the Electronic Transactions Levy (E-Levy), Bank of Ghana (BoG) data have shown. According to the Summary of Economic and Financial data (May 2022), just ahead of implementing the E-Levy in May, active mobile money subscribers Continue Reading
The Ghana Police Service has served notice to organisers of an intended demonstration on 4 June that it will not allow them to carry weapons on the street as part of their plans. According to the police, the group wants to demonstrate for three days with its own private security. Members of the group include broadcasters Captain Smart and […]Continue Reading
The US will send Ukraine more advanced rocket systems to help it defend itself, President Biden has announced. The weapons, long requested by Ukraine, are to help it strike enemy forces more precisely from a longer distance. Until now, the US had refused the request out of fear the weapons could be used against targets […]Continue Reading