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Daily Archives: March 1, 2019

Opel celebrates ‘historic’ profit after decades of losses under GM

Opel called its 2018 profit "historic" after 20 years of losses under former owner General Motors. The German brand and its U.K. sibling, Vauxhall, made...

Hyundai, Kia recall over 500k cars as fire risk spreads

Hyundai and Kia have added more than a half-million vehicles to 3.5- year string of U.S. recalls for engine failures and fires. Three recalls released...

Stemming the cedi’s free fall

This week the cedi has been on the verge of re-entering the kind of exchange rate free-fall last experienced in 2014 and the first...

Huawei awards 15 university students and teachers for excelling in ICT

Twelve tertiary students and three instructors have been rewarded at the Huawei National ICT Training and Awards ceremony held in Accra. The 12 winners who...

Transfers from e-zwich card to mobile money wallet on the rise

Transfer of funds from e-zwich card to mobile money (MoMo) wallet is on a steady rise as the public is making good use of...

Chirano Gold Mine hands over ICT lab to schools

ICT training in schools in the Sefwi Wiawso Municipality, in the newly created Western North Region, has been given a great boost from the...

AFB turning to deposits for financing

Ghana’s leading microfinancier is turning from medium term bond issuances on the GAX to deposits from customers in line with changing interest rate structures....

Ghana faces major FX outflows

… repayment of IMF loans begins this year. Although Ghana is set to receive an amount of SDR 132.84 million (about US$ 188 million) over...

Two of three bank mergers confirmed

A release by the Bank of Ghana yesterday effectively has confirmed that two of the three ongoing mergers between universal banks in Ghana have...

AfDB provides Ghana US$10m to guarantee agric loans

Parliament has approved a US$10 million loan facility made available by the African Development Bank (AfDB) to begin the implementation of a project aimed...

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