Energy firm E.On reports €7bn annual loss

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German energy firm E.On has said its annual net losses more than doubled in 2015 to €7bn (£5.4bn) after it wrote down the value...

Airtel resolves service disruption

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Airtel has resolved the service disruption that hit its network early this morning, March 9, 2016. Subscribers of the network early this morning were up...

StanChart Ghana records massive drop in profits

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Banking giant Standard Chartered Ghana recorded a massive dip in its profit for 2015. The bank’s profit for 2015 declined by a little over 68...

SIC Insurance makes giant financial strides

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Ghana’s foremost general insurance risk underwriter, SIC Insurance Company Limited, has recorded increase in its profit ratio. The company posted an unaudited profit after tax...

AngloGold surrenders 60% of concession to gov’t

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AngloGold Ashanti says it has surrendered 60% of the Obuasi mine concession to the government of Ghana. The mining giant, in a statement said, the...

African airlines’ passenger demand up 12%

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African airlines saw January traffic jump 12.1% compared to January 2015, according to latest data released by the International Air Transport Association (IATA). This continues...

Gold logs 3rd loss in a row

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Gold futures marked a third straight loss Wednesday as strength in oil prices and modest gains in U.S. stocks dulled the metal’s investment appeal. The...

Diversify investment accounts – Databank CMO

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The Chief Marketing Officer of Databank has advised investors to set up separate accounts for their long- and short-term needs. According to Ms Gillian Hammah,...