Government has raised a total of 1.01 billion cedis three-year domestic bond issued at a yield of 21.5 percent. The bond, which had a bullet principal payment was marketed to resident investors only,...
A group affiliated to the governing New Patriotic Party (NPP) known as the Northern Youth for Nana Akufo Addo (NAYONA) has called for immediate forensic audit of the accounts of the Savannah...
New Patriotic Party (NPP) Member of Parliament for Ofoase-Ayirebi, Kojo Oppong Nkrumah says the current depreciation of the cedi being experienced in the value of the cedis is not unprecedented. He...
The Bank of Ghana (BoG) has closed down two illegal micro-finance institutions, Agro Development Fund Services Limited and Hebron Financial Investment Limited. The two institutions were closed down...
Economist and Head of Finance at the University of Ghana Business School, Professor Godfred Alufar Bokpin has attributed the cedi’s fall to the weak fundamentals of the economy. According to him,...
The Registrar General’s Department is urging restraint among DKM customers who did not find their names on the list that was released yesterday (8th March, 2017). The Department, which is the...
Businesses in the country are calling on the government to focus attention on stabilising the cedi to complement recent interventions in the 2017 budget and create the enabling environment for...
The Central Bank has closed down two financial institutions for offering financial services without its permission. In a statement released on Tuesday, March 7, 2017 the regulator said, “with...
Group CEO of CDH Financial Holdings, Emmanuel Adu-Sarkodee, has joined calls for a significant increase in the stated minimum capital for banks to about GH¢1billion, in order to support aggressive...
New Patriotic Party (NPP) Member of Parliament for Ofoase-Ayirebi, Kojo Oppong-Nkrumah, has rubbished claims that Akufo-Addo administration’s maiden budget statement did not have plans to tackle...
New Patriotic Party (NPP) Member of Parliament for Ofoase-Ayirebi, Kojo Oppong-Nkrumah, has rubbished claims that Akufo-Addo administration’s maiden budget statement did not have plans to tackle...
Hebron Financial Investment Limited has halted its online forex trading following the Bank of Ghana’s decision to stop the operations of the company. The central bank, on Tuesday announced it had...
The Bank of Ghana (BoG) says it’s working closely with the International Finance Corporation (IFC) to ensure the enactment of a new Borrowers and Lenders Act. The new law is to address all...
The Chamber of Petroleum Consumers (COPECGH) has charged relevant authorities in the country to ensure that unreasonable fuel price increments are curtailed. According to a press release signed and...
The Executive Chairman of Ivory Finance Company Limited, Emmanuel Adu Sarkodee has described claims that SIC Insurance Company Limited has paid GHC91 million to Ivory Finance as refund of loan SIC...
Ideal Finance Limited, a flagship brand of Groupe Ideal, has donated a sum of one hundred thousand Ghana cedis (GHC100,000) in support of the Ghana at 60 anniversary celebration. The cheque was...
The management of Hebron Financial Investment Limited has responded to the Bank of Ghana's statement announcing it has closed their operations for not having a license. In a rejoinder, the Chief...
The Bank of Ghana (BoG) has disclosed it will duly sanction owners of the two institutions whose activities have been halted for operating illegally. The central bank explains that it is currently...
A cross-section of Ghanaians have bemoaned the lack of publicity on the new Gh¢5 that was released by the Bank of Ghana (BoG) yesterday. According to them, the low advertisement on the new note...
The Bank of Ghana (BoG) has halted the operations of two financial institutions for operating illegally. The two are; Agro Development Fund Services Limited (ADFSL) and Hebron Financial Investment...
