A study on the Atewa Range Forest Reserve, shows that the establishment of a national park is estimated to yield $5.8 million a year based on a comparison with other natural areas in the country. The...
Citi Business News can confirm customers of DKM Diamond Microfinance limited will begin receiving their locked up investments by the end of this month – September, 2016. The payment will be made by...
Finance Minister, Seth Terkper has disclosed that the Energy Sector Levy Account has accrued 350 million cedis as at August 2016. Only residential users should pay energy levies – Former AGI...
Ghana loses nearly $2.1 billion dollars to tax evasion and incentives annually, reveals a study carried out by the Integrated Social Development Centre (ISODEC), a civil society organisation....
The Ghana Internet Governance Forum (IGF) has chalked success in creating awareness on internet governance issues and sustaining the discussions into the future. Mr Eric Akumiah, the Coordinator...
The Millennium Development Authority (MiDA) has rejected claims by the Public Utilities Workers Union (PUWU) that the concession arrangement is not the best option for Ghana because it would result...
The Ministry of Finance, the Bank of Ghana (BoG), and the Ghana Bankers Association have announced plans to pay the legacy debt owed in the power sector. According to the Ministry of Finance,...
Barely a week after the Transport Ministry reiterated that the suspension of the Terminal Handling Charges at the ports is still in force, some shipping companies are still defying the order. One...
The International Monetary Fund (IMF) has conditioned its next review of the US$918 million Extended Credit Facility programme, expected mid-September, on a “quick and positive” resolution of the...
The Bank of Ghana has retracted its earlier report suggesting that GN Bank offers the lowest rate on mortgages in the country. The latest Annual Percentage Rates and Average Interest report...
Economist, Dr. Lord Mensah says government’s dollar denominated bonds to be issued next month, will help stabilize the cedi. A revised calendar on government’s borrowing from August to December...
The Ministry of Power, the Public Utilities Workers Union (PUWU) and the Millennium Development Authority (MIDA), have agreed to outline a roadmap to address concerns raised by PUWU in connection to...
Telecom operators are to share an estimated 12.2 million cedis among mobile money customers in the first payments of interests on floats next month. The figure represents eighty percent of the total...
The President of Groupe Ideal, Nii Kotei Dzani has reiterated his commitment to supporting the growth of the financial sector in Ghana adding that good media reportage on the financial sector is key...
The Bank of Ghana (BoG) has given the go ahead to mobile money operators for all of them to pay interest on the mobile money float on September 11, 2016. The first quarter of 2016 interest payment...
The Millennium Development Authority (MiDA), has downplayed assertions by the Public Utilities Workers Union (PUWU) that the Millennium Challenge Corporation (MCC) compact will impact negatively on...
Government plans to borrow an amount of GHC25.2 billion (GHC25,270 million) for the remaining five months of 2016. The amount, which would be borrowed between August and December 2016, will be used...
Deputy Power Minister, John Jinapor, says shutdown of the Atuabo Gas Processing plant on Wednesday for mandatory maintenance may result in power cuts across the country. The Minister’s comment...
Citi Business News has learnt that the Ministry of Finance is working to withdrawal the National Reconstruction Levy which imposes 5 percent pretax on profits of some businesses by next year. The...
The visiting International Monetary Fund (IMF) staff mission to Ghana on Monday began work to assess the country's performance in completing work on some targets under the fund program. The exercise...