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  • ASKY to resume Freetown, Monrovia and Banjul Flights November 1

    October 12, 2017 7:33 PM 7

    Accra, Oct. 12, GNA - Pan-African airline, ASKY, would resume its flight operations to and from West African cities of Monrovia, Freetown and Banjul from November 1, 2017. According to the Togo-based airline, passengers on these flights will benefit from a special luggage allowance of 50kg in Business Class and 40 kg in Economy Class. ASKY is the pan-African

  • Germany Supports Ghana With €100 Million For Renewable Energy Expansion

    October 12, 2017 1:20 AM 13

    Germany has committed €100 million euros to Ghana under a Memorandum of Understanding to expand renewable energy in Ghana. The agreement formed part of the G-20 Compact with Africa for sustainable economic development. The partnership is geared towards the production of renewable energy and efficient energy sources complemented with technical education

  • City banker sacked after Uber trip with African king’s ransom

    October 11, 2017 11:01 PM 6

    A bank executive has claimed that he was sacked after picking up £350,000 in cash from one of Africa’s wealthiest rulers and later taking an Uber taxi to deposit it. Mark Arthur, 55, an executive director at Ghana International Bank, said he had been asked to visit the home of Osei Tutu II, absolute ruler of the Ashanti kingdom in Ghana, where he was given

  • Ghana woos investors at IMF/World Bank Meetings

    October 11, 2017 6:23 PM 12

    Source: Ghana| Myjoyonline | JoyBusiness Finance Minister Ken Ofori Atta is urging global investors to put their money behind Ghana’s growing economic opportunities. He cites especially the Financial Services, Industry and Agriculture sectors as holding high prospects of safe investments and high returns in the coming years. The Finance Minister has been speaking

  • September Inflation drops – Starr Fm

    October 11, 2017 12:42 PM 9

    The Ghana Statistical Service (GSS) has announced that inflation rate for September 2017 has dropped to 12.2 per cent, from the 12.3 per cent recorded in August. The Deputy Government Statistician, Anthony Amusu, speaking at a press conference in Accra on Wednesday, October 11 said: “The year-on-year food inflation rate for September 2017 was 8.1%, compared

  • Cued Up? Treasury Market Waiting For Next Sign

    October 11, 2017 3:56 AM 4

    Treasury yields have been moving higher, but the news flow may well reverse this week, suggests NatWest's Blake Gwinn. Treasury yields have moved higher in the past month, but not disturbingly so. The yield on the benchmark 10-year note has hovered at 2.36% the last few days and wasn't able to hold at the key 2.40% level. At 9:40 a.m. ET Tueday, it was at 2.35%. Now that a lot of bad news for rates

  • China lifts yuan midpoint to three-week high, biggest one-day strengthening since June 1

    October 11, 2017 2:20 AM 4

    SHANGHAI (Reuters) - China’s central bank lifted its official yuan midpoint to the highest level in three weeks to 6.5841 per dollar on Wednesday, reflecting spot yuan performance a day earlier and dollar movement in global markets overnight. The move in the official guidance rate was the biggest one-day strengthening in percentage terms since June 1. Wednesday’s

  • Golden Star Resources, Ltd (GSS) Under Analyst Spotlight

    October 10, 2017 10:22 AM 5

    Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Golden Star Resources, Ltd (GSS). Based on the latest brokerage notes which have been released to investors, 0 brokers have issued a rating of “strong buy”, 1 brokers “buy”, 3 brokers “neutral

  • Gold Fields Limited (NYSE:GFI) Under Analyst Spotlight

    October 10, 2017 9:59 AM 6

    Amid volatile financial markets and the presidential election, various investment brokerages have made amendments to their price targets and ratings on shares of Gold Fields Limited (NYSE:GFI). Based on the latest brokerage notes which have been released to investors, 0 brokers have issued a rating of “strong buy”, 1 brokers “buy”, 1 brokers “neutral

  • Lucy Quist leaves Airtel Ghana

    October 9, 2017 6:07 PM 15

    In a Facebook post titled ‘Climb’ on Monday, Mrs Quist announced that “the time is right for me to move on to the next chapter”. Lucy Quist joined Airtel Ghana in 2014 as the first Ghanaian female CEO of a major multinational telecom company. During her tenure, she successfully led her team to reposition and transform Airtel Ghana into one of the fastest