Finance Minister Seth Terkper is optimistic recent revision of Ghana’s Long Term Bond Ratings from negative to stable by international Credit Ratings Agency, Moody’s will influence Ghana’s...
Tullow Oil has announced that Hull & Machinery insurance cover has been confirmed for the FPSO Kwame Nkrumah by its reinsurers following the failure of the turret bearing earlier this year. The Hull...
The Chief Executive of Petroleum Commission, Mr Theophilus Ahwireng has touted the prospects of the country’s gas production as it is set to produce about 300 million cubic feet of gas daily by...
CitiBusinessNews.com can confirm the board of the International Monetary Fund (IMF) will meet tomorrow, September 28, 2016 to finalize on whether or not to approve the third tranche of funding for...
The Governor of the Bank of Ghana, Dr. Abdul Nashiru Issahaku has asked banks to step up efforts in stemming the incidence of electronic fraud (e-fraud) in order to save the country from being...
Vietnamese rice investors and exporters drawn from about 14 companies are in the country to explore investment opportunities in rice production, processing, storage, marketing and distribution. The...
The Ghana Civil Aviation Authority (GCAA) will from Saturday 1st October begin charging its safety charge on all international and regional flights in Ghana. Director General of the GCAA Simon...
HFC bank has announced plans to increase its investment in the cocoa sector from GH¢90 million to GH¢198.1 million in order to further augment the availability of funds to players in the sector....
The Bus Rapid Transit (BRT) system which began on Monday September 27 has been halted. According to Starr News sources, the move is to enable government perfect the registration and insurance of the...
Rating agency, Moody’s has reviewed Ghana’s issuer outlook from negative to stable, maintaining the rating at B3. The key drivers for the review, according to the rating agency, is the...
An advisor to the Governor of the Bank of Ghana, Mr. Franklin Belnye has kicked against the placement of ban on some selected imported items as a measure of improving Ghana’s budget deficit....
Finance Minister Seth Terkper is optimistic government’s decision to issue its first local dollar denominated bond in the country will yield good results. According to him, there are enough US...
Greater Accra Passenger Transport Executive (GAPTE), the implementers of the supposed Bus Rapid Transport (BRT) service, have given the project a new name because the buses for now do not have...
The Institute of Statistical, Social and Economic Research (ISSER) is cautioning cost of credit as well as inflation will shoot up in the coming months if there is a further delay in the release of...
An Economist with the Institute of Statistical, Social and Economic Research, (ISSER), Professor Robert Darko Osei, is cautioning of a further increase in interest and inflation rates over a further...
Many Oil producing countries in the African sub-region have been the worse hit by the plummeting oil revenues following the high risk of their less diversified economies, over dependence on oil...
Dr. Steve Manteaw, co-Chairman of Ghana Extractive Industries Transparency Initiative (GHEITI) has called for governments to be accountable to their people in the management of revenues from the...
Dr Akinwumi Adesina, President of the African Development Bank (AfDB) has called for bold action to light up Africa within the next 10 years. “Ten years is the timeframe. We need to take Africa out...
The regulator of Ghana’s aviation industry, the Ghana Civil Aviation Authority (GCAA) has banned the use of Samsung Galaxy note 7 on all airlines operating in Ghana. The ban took effect from Monday...
The Ghana National Gas Company (GNGC) says it did not err in dismissing 13 workers and withholding the August salary of 42 others after they violated company rules and engaged in an illegal strike....