Prime News Ghana

Today's Ghana Business, Banking and Economic news

Could BMW be Daring Trump?

While contemporary auto giants with businesses in the United States are adopting precautionary measures towards the somewhat hostility towards imported cars of an impending Trump administration, BMW have confirmed that it is "absolutely" committed to a new plant in Mexico.

Against the Tides: Samsung profit estimate surges

In a shocking contrast to an expected natural outcome of a massive product failure, particularly one of the flagship Note 7 magnitude, Samsung Electronics has reported a 50% profit surge.

Low momentum for US Job growth during the festive season

As the first African-American President, Barack Obama winds up his era in the White House, the country’s businesses add 156,000 jobs in December the last release of key economic data before Donald Trump is sworn in as US chief executive.

Alibaba Declares War on Counterfeiters

In what can be considered the first in its history, the Chinese e-commerce giant has sued two of its vendors over alleged sales of fake goods barely weeks after it was restored to the US industry watchdog’s blacklist.

Apple removes New York Times app from its Chinese app store

Following a series of compromises to the access or remain in the vast market of communist China, the US technology giant, Apple has pulled out the New York Times from its China App Store, in accordance with a request from the Chinese government.

Pension benefits from SSNIT goes up by 18%

Benefits for pensioners of the Social Security National Insurance Trust (SSNIT) has been increased 18%, SSNIT's Corporate Affairs Manager, Eva Amegashie has disclosed.

Subah, GRA contract extended with Terkper's approval

Barely a week before it exits office, government has reportedly extended its contract with IT firm, Subah Infosolutions for the monitoring of revenues generated by telecommunication companies in the country.

Ghana's GDP records 4% growth in third quarter of 2016

Ghana's Gross Domestic Product (GDP) provisional growth in the third quarter of 2016 rose by 4 percent year-on-year. The GDP which includes oil for the 3rd quarter of 2016, grew by 4 percent compared to 3.5 percent in the same period of 2015

Reigning in the Excesses: the India cash crunch

It may not be the first time in the nation’s history but one cannot underestimate the impact of a demonetization effort on a vast country desperate to curtail the menace of financial corruption. Such is the case for the People in India who have until the end of Friday to deposit discontinued notes in bank and post office accounts, or risk their money becoming worthless.