Over the past six years, banks have increased their appetite for funds from overnight lending and placements which they source under repurchase agreements (REPOS) as an alternative but less costly...
Mortgage house, Ghana Home Loans has disclosed to Citi Business News it will commence operations as a bank by the first quarter of next year (2017). According to the CEO of the company, Mr. Dominic...
According to the Institute of Energy Security, trading activities within first pricing window for the month of November reveals most oil marketing companies are losing their market share to Goil, Top...
The Deputy General Secretary of the National Democratic Congress (NDC) Mr Koku Anyidoho, that he has no regrets describing vice presidential candidate of the New Patriotic Party (NPP) Dr Mahamudu...
Fuel prices are expected to fall by between 1.5 and 3% in the second-pricing window for November 2016, the Institute for Energy Security (IES) has projected. “As a result of marginal loss of the...
The Institute for Energy Security (IES) has predicted a marginal drop in petrol and diesel prices in Ghana in the coming days. According to IES, per their analysis, diesel and petrol are likely to go...
19 banks owed under the ‘legacy debt’ received second payment in the first quarter of September. This was part of schedule of payment as agreed between the banks and government. The Ministry of...
IT appears government has no money to pay six years accumulated tier-two pension money owed public sector workers. An emergency meeting summoned at Flagstaff House yesterday by President John Dramani...
Some bankers have warned any move by Government to cap interest rates in Ghana will end in a disaster. Banking consultant and Principal Consultant at Osei Tutu II Centre for Executive Education &...
The business community, backed by some economists have intensified renewed calls for the central back to strongly consider cutting its policy rate to induce growth following the decline in inflation...
Below is the full text of an affidavit filed by the Attorney-General and Minister for Justice, Marietta Brew Appiah-Oppong in opposition to Martin Amidu’s application to orally examine Alfred...
Sterling International Ltd won two additional Platinum awards in Auto-Industrial coating division of the recent 26th Export Excellence Award organized by the Ghana Export Promotion Authority for two...
The National Democratic Congress’ campaign spokesperson for the 2016 elections, Joyce Bawa-Mogtari has stated president John Mahama will not respond to Dr. Mahamudu Bawumia’s 170 points he raised...
The Finance Minister, Mr Seth Terkper, has defended the government’s decision to raise a GH¢438-million bond at a rate of 19 per cent, explaining that interest on the 10-year loan is the second...
The impact of the high Non-Performing Loans (NPLs) on the books of commercial banks is set to reduce by the close of this year. At least this is the confidence expressed by some managers of banks....
The President of Ghana John Dramani Mahama has hinted of moves to consider capping interest rates in the country. According to the President the high cost of doing business complained about by...
The running mate of Nana Akufo-Addo, Dr. Mahamudu Bawumia is still pursuing Vice President Paa Kwesi-Amisah-Arthur to provide a befitting response to the former’s 170 “facts” on the state of...
Dr Mahamadu Bawumia, the running mate to the New Patriotic Party Flag, (NPP) Nana Akufo Addo, has vowed to continue to hunt Vice President Amissah Arthur until he answers the 170 economic questions...
Pro-New Patriotic Party (NPP) think tank Danquah Institute (DI) has described President John Mahama’s government and the National Democratic Congress (NDC) administration a disaster. The latest...
Information available to Citi Business News indicate that demand for home loans from mortgage houses has not declined despite a drop in home loan application from commercial banks. Though the...
