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MTN Ghana Settles Taxes Totaling Gh₵1.5 Billion

Telecoms giant, MTN Ghana, last year, paid a total of GHC1.48 billion in taxes, out of which, GHC1.3 billion went to the Ghana Revenue...
Dr Papa Kwesi Nduom

GCFM Allays the Fears of Clients

Gold Coast Fund Management (GCFM), on Monday, said it has invested more than two billion Ghana Cedis in infrastructure and commercial projects for the...
business opportunity

6th EU-Africa Business Forum opens in Abidjan

The 6th EU-Africa Business Forum opened in Abidjan, Côte d’Ivoire, on Monday, with an emphasis on job creation and investment in millions of young...
Wpid University Of Ghana

Graduates Advised To Avoid Procrastinating Their Goals

Mr Matthew Boadu Adjei, founder of Oasis Capital Ghana Limited, has advised graduates of the University of Ghana, Legon, to be confident, and avoid...

Finance Minister Moves Parliament To Approve Financial Policy

“Rt. Hon. Speaker, Honourable Members of Parliament, on the authority of the President of the Republic, Nana Addo Dankwa Akufo-Addo, I beg to move...

Ghana’ President Cuts Sod For Construction Of Power Plant

President Nana Addo Dankwa Akufo--Addo on Thursday cut the sod for the commencement of the construction of a 400-megawatt power plant expected to address...

Goldfields Settles Its Taxes of 0.5 Billion Cedis for 2016

Goldfields Ghana Limited has emerged as the largest taxpayer for the government of Ghana in 2016.The mining firm paid 501 million cedis (0.5 billion...

Akufo-Addo Ponders Over Energy Sector’s $2.4 Billion Debt

President Nana Addo Dankwa Akufo-Addo has revealed that the previous Mahama-led administration has left behind a heavily indebted energy sector. He said as of December...

Bawumia Confused Over GHC 7 Billion Expenditure Claim – Minority

The Minority in Parliament has watered down suggestions by Vice President Mahamudu Bawumia that the previous government failed to account for GHC 7 billion...

Market Value of Microsoft Up At US $500 Billion

Microsoft Corp’s (MSFT.O) market capitalization topped $500 billion for the first time since 2000 on Friday, after the technology giant’s stock rose following another...

Apple files US$1 billion lawsuit against Qualcomm

Apple iPhone 7 mobile phones are seen at the Apple store. Apple Inc filed a $1 billion lawsuit against supplier Qualcomm Inc on Friday,...

Man returns 1.2 billion yuan mistakenly sent by bank

A man in Changsha, central China's Hunan province has returned about 1.2 billion yuan (175 million USD) mistakenly sent by a bank, Beijing Youth...

Govt to Issue Debt Securities Worth 17.4 Billion Cedis

Government will in the first quarter of 2017, borrow 17,400.00 million cedis through bonds and treasury bills and other government securities.The cash will be...
Franklin Cudjoe

Franklin Cudjoe Says Ghana Needs US $2 billion to Resuscitate Railways

President of Policy think tank IMANI Ghana, Franklin Cudjoe has said that President Nana Akufo-Addo needs about $2 billion to revive the country’s rail...

George Lucas Agrees to Site $1 billion ‘Star Wars’Museum in LA

“Star Wars” filmmaker George Lucas has settled on Los Angeles for the home of his $1 billion storytelling museum, after pulling the project from...

Railroads forecast to top 3 billion trips in 2017

China's railways are forecast to handle 3.025 billion passenger trips in 2017, China Railway Corp said on Tuesday during its annual meeting in Beijing. Vegetable...

More Than 1 Billion Yahoo User Accounts Breach

Tech giant Yahoo on Wednesday announced what could be the largest computer hacking in history -- the breach of more than 1 billion user...

Petrofac Earns Contract To Expand Facility At Southern Iraqi Port

British energy company Petrofac said it secured a $75 million contract to help with the expansion of a crude oil export facility at a...
Dr Mahamudu Bawumia

NPP will acquire $1.6m solely for development purposes

Dr Mahamudu Bawumia, the running mate of the flag bearer of the Party, said one million dollars of the amount would be distributed annually...

Trade between Ghana and China hits $ 2.4 billion

He said in 2015 the trade volume between the two countries reached $6.6 billion. Although the general trade by 18 per cent in 2015...

Local businesses got contracts worth one billion from oil industry

He said the award of contracts to local enterprises was in compliance with the country’s Local Content and Participation Policy which had created over...

Trade between China and Ghana estimated at US$6.6 billion

In the same year, China made direct investments of 174 million Dollars to Ghana, with an over-all accumulated amount of 1.3 billion Dollars, ranking...
Nigeria, China

Nigeria enters into $80bn oil and gas deals with China

Nigeria, an OPEC member which was until recently Africa's biggest oil producer, relies on crude sales for around 70 percent of national income, but...

GNPC’s GHS2.6bn budget still in limbo for 3rd time

There was no quorum in the House to vote on the matter, forcing Speaker Edward Doe Adjaho to defer voting, again. The minority on Tuesday...

April 25 Asia-Pacific stocks news at 1100 GMT

TOKYO -- Tokyo shares ended the trading Monday lower as investors here tended to lock in recent gains after a four-day surge. ...
Edward Nartey Botchway

Ecobank Ghana’s assets now at GH¢6.6 billion

In spite of a difficult operating environment for businesses, one that had volatile market conditions and intense competition, Ecobank Ghana Limited has again demonstrated...

MTN South Africa gives $1.5 billion to pay up Nigeria fine

Africa's biggest mobile phone group has been in talks with Nigerian authorities to have the $3.9 billion penalty reduced and last month made a...
oil money

Financial Errors At Energy Ministry Cause GH¢1.7 Billion Loss to Ghana

Ghana lost GH¢1,803,646,727 as a result of financial errors and irregularities committed by public boards, corporations and other statutory institutions. The loss, according to the...

Nigeria: MTN Pays Its N50 Billion Part Fine

The Nigerian Communications Commission, NCC, yesterday, confirmed that the Federal Government received N50 billion from MTN Nigeria towards the settlement of the N780 billion...

Jordan to receive grant of US$2.1 billion over refugee crisis

The aid pledges were made during an international donor conference held in London last week, Minister of Planning and International Cooperation Emad Fakhoury said...