News

Elon Musk released a statement on Monday afternoon after Twitter’s board of directors unanimously approved of his offer to buy the company for $44 billion. Musk has hinted at and in some cases plainly stated changes that will be coming...

Twitter’s board reportedly met Elon Musk over the weekend to explore his $43bn (£33.6bn) takeover offer for the social media platform. After the Tesla boss first revealed his bid, Twitter’s management announced a so-called “poison pill” strategy to fend off...

The World Bank has affirmed its forecast of 5.5% expansion of the Ghanaian economy in 2022, higher than Sub Saharan Africa average of 3.6%. According to its latest Africa Pulse Report, ahead of the International Monetary Fund/World Bank Spring Meetings,...

Organizers of the Ghana CEO Summit, CEO Excellence Awards and publishers of the Ghana CEO Magazine, CEO Network Ghana wishes to inform its stakeholders particularly members of the network, the business community and the general public that it is not...

Ahweneeh Danquah takes over from K K Sarpong, who will step down this week as GNPC’s chief executive officer after serving for five years. The deputy chief executive officer in charge of technical operations at Ghana National Petroleum Corporation (GNPC),...

McDan Group of Companies and Dream Flights International have entered into a strategic alliance that will provide private air travel & cargo transports globally. Closely following the launch of the brand-new private jet terminal at the Kotoka International Airport in...

Prudential Bank, a wholly-owned Ghanaian bank has posted a set of impressive financial results for the year 2021. The bank reported a significant profit growth before and after tax of 126 and 160 percent, respectively, over its 2020 performance. This...

The Textile industry in Ghana has over the years represented Ghana culturally and is currently responsible for 3% of the country’s Gross Domestic Product. Tex Styles Ghana also known as GTP, in a press release issued on Thursday, April 14th,...

The UK banking group Standard Chartered is planning to exit Angola, Cameroon, Gambia, Sierra Leone and Zimbabwe. It will also leave its consumer, private and small business banking operations in Tanzania and Côte d’Ivoire, focusing instead on corporate, commercial and...

Bayport Savings and Loans has awarded full educational scholarships to 20 brilliant but needy students selected from across the country as part of its corporate social responsibility. The beneficiaries comprising 11 males and nine females in primary, junior and senior...