Malaysia Airlines ‘technically bankrupt’… 6, 000 jobs to be cut
Malaysia Airlines is "technically bankrupt", its chief executive has said, as he announced a restructuring programme and plans to cut about 6,000 jobs.
The announcement...
Tullow spends $500m to hedge oil price
Tullow Oil has invested half a billion dollars in its medium-term hedging programme, which for 2015 secures up to 55 per cent of the...
GBC cannot be any person or group of persons’ property – Bagbin
The Majority Leader in Parliament, Mr , has kicked against the call for the Ghana Broadcasting Corporation (GBC) to be commercialised.He said GBC was...
South African Airways to fly direct from Accra to Washington
South African Airways (SAA) will from August 2 fly direct from Accra to Washington, in what company officials say is a significant breakthrough.The route will...
Ecobank’s Essien wins ‘African Banker of the Year’ award
Ecobank Group CEO Albert Essien has won the African Banker of the Year award at the 9th edition of the African Banker Awards in...
AfDB scaled up project funding to $ 7.6b in 2014
The African Development Bank Group (AfDB) realised a 15.3 per cent increase in its operations turnover in 2014 despite the challenging global and regional...
Nigeria’s Agriculture Minister Akinwumi Adesina is new AfDB boss
Nigeria's Agriculture Minister, Akinwumi Adesina, has been elected as the new president of the African Development Bank.The pan-African bank announced via its Twitter account...
STATEMENT: ADB on staff strike
Agricultural Development Bank Limited wishes to inform and assure its numerous cherished customers and the general public that all its Branches and head office...
GH₵112m oil cash blown on capacity building
An amount of GH₵111,959,738, representing 14% of the Annual Budget Funding Amount (ABFA) of GH₵516,834,831 accrued from oil revenues was spent on building the capacity of...
Party not liable for Prudential Bank loan – Ofori Atta
A member of the 2012 elections Campaign Finance Team of the opposition New Patriotic Party, Ken Ofori Atta, has admitted his office took an...