Aker Energy AS has appointed Mrs. Kadijah Amoah as Country Director of Aker Energy Ghana Ltd, effective 1 February 2020. The appointment follows Aker Energy’s strategy to strengthen the company’s local presence and management in Ghana. By this, she becomes the first Ghanaian woman to lead an oil firm operating in the country. “We are […]
The local currency has enjoyed a good run against its major trading partners in the first month of the year — appreciating against all the three major currencies, the dollar, euro and pound sterling, according to data released by the Bank of Ghana. The cedi, which depreciated against all the three currencies last year, has […]
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has expressed his delight at the return to production, productivity, and profitability of the Anglogold Ashanti Gold mine, six (6) years after it was effectively closed down. According to President Akufo-Addo, the coming back on stream of the Obuasi mine signals to the rest of the […]
US President Donald Trump has formally signed a new trade pact with Mexico and Canada, bringing his campaign promise to replace the three countries’ existing deal closer to fruition. The US Mexico Canada Agreement (USMCA) is set to replace the 1994 North American Free Trade Agreement (Nafta). Mr. Trump has described Nafta as America’s “worst” […]
Ghana placed 5th in Africa and number 67 in the world, according to the 2020 Best Countries Report put together by US News & World Report and supported by Wharton Business School of University of Pennsylvania and BAV Group. Egypt was 1st in Africa and number 36 in the world while South Africa was 2nd […]
Neoplan Ghana Limited, one of the country’s surviving coach manufacturing businesses in the 1970s, has announced a total shutdown on Friday, January 31, 2020 because it is no longer viable. A memo to all staff of the company in Accra and Kumasi announcing the closure of the company, which was established on December 12, 1974, […]
Founding President of IMANI Africa, Franklin Cudjoe has eulogized the Chief Executive Officer of the National Petroleum Authority (NPA), Hassan Tampuli for saving Ghana a whopping $300 Million which would have been lost through fraudulent activities in the petroleum sector. BestNewsGH.com reports Mr. Cudjoe as saying but for the vigilance of the NPA Boss, the […]
The 2nd Ghana Investment and Opportunities Summit 2020 which took place in the United Kingdom, (UK) has been described by the Ghana Investment Promotion Centre (GIPC) as hugely successful. BestNewsGH.com is informed the Summit on theme: Accessing the African Common Market through Ghana: Technology, Digitalization and Industrialization, centred around the African Continental Free Trade Area (AfcFTA). […]
Credit ratings agency, Moody’s is backing the government to halt the fiscal slippages that have characterised every election year since 2004. The ratings agency, in a press release issued over the weekend, revised the country’s outlook from stable to positive while affirming its long-held B3 rating. The announcement means the ratings agency is optimistic about […]
The Ghana Railway Company Limited has announced the commencement of commercial passenger service on the Takoradi-Tarkwa railway line route from February 5, 2020. BestNewsGH.com can confirm that, in the meantime, the company has decided to offer free passenger service on the route on January 28, 30 and 31 to passengers. The decision to commence the […]
International credit rating agency, Moodys has reaffirmed Ghana’s credit rating at B3 with an upgraded outlook to positive from stable. This credit rating position is the best Ghana has received from Moody’s in the last decade. A statement issued by Moody on Friday, 24th January 2020 stated that “Moody’s investors Service (Moody’s) has today reaffirmed […]
MTN Ghana is gearing up for its annual blood donation exercise which main objective is to rally the generality of the Ghanaian people to donate blood to stock the various blood banks across the country. BestNewsGH.com reports Corporate Services Advisor for Southern Ghana, Mr. Kennedy Ofosuhene as indicating during a motivation session for the company’s […]
