Ohene-Djan Redux
The caption of this column is not what you may be thinking about. It is not a tribute to the legendary Nkrumah ministerial appointee. No! Rather, in classical Shakespearean parlance, it is about how...
Tag: bank of ghana
Average Interest On Deposits Decrease To 12.2%
The Bank of Ghana’s latest Average Interests (IA) on deposits report released shows a decrease in the average minimum interests to be paid annually on deposits of customers’ funds logged at...
Interests On Mortgage Loans Hit 31.5%
Ghana’s quest to reduce the almost 2 million housing deficit may take a long time as interest on mortgage loans continue to rise. According to latest average interest and Annual percentage report...
Banks Reducing Interests On Deposits – BoG Report
The Bank of Ghana’s latest Average Interests (IA) on deposits report released shows a decrease in the average minimum interests to be paid annually on deposits of customers’ funds logged at...
Apex Bank Cautions Rural Banks Over Unregulated Concentration of Funds
Rural and community banks (RCBs) have been urged to invest in safe government and Bank of Ghana (BOG) instruments to ensure strong liquid reserves position for effective financial intermediation. Mr....
Banks’ Average Base Rate Increases To 27.8%
The latest Annual Percentage Rates (APR) and Average Interests (AI) on deposits report released by the Bank of Ghana shows that the average minimum interest rates that can be charged on loans and...
ADB Bank Gives To Victims of Tidal Waves
The ADB Bank Limited has donated bundles of fishing nets and twines worth GH¢100,000 to fishermen who lost their fishing gears when tidal waves hit the country’s coastlines on September 4, this...
Why This Bragging Dr. Bawumia?
Every follower of Ghana news must have known that Dr. Bawumia is a self aggrandizing individual. Whatever reason he has for such an attitude, we do not know. We cannot understand why he is so big...
The Productivity Conundrum
It's a political season, so we're hearing a lot of the usual crap about the economy. Should we raise taxes or lower them? Negotiate trade agreements or abandon them? These are important questions,...
Terkper Hunts For US$2bn From China
The government has revived talks with the China Development Bank (CDB) for the remainder of the almost US$2 billion loan facility it abandoned in 2014. The government suspended discussions with the...
The Paradox Of Ghanas Indemnity Clause And Mahamas Corruption Allegations
"When public money is stolen for private gain, it means fewer resources to build schools, hospitals, roads and water treatment facilities. When foreign aid is diverted into private bank accounts,...
Fuel Prices To Remain ‘fairly Stable’ In First November Pricing Window
The Institute Energy Studies (IES) has published its bi-weekly forecast of the petroleum market, projecting that petrol and diesel prices will remain ‘fairly stable’ in the first November pricing...
Fidelity Bank Holds Seminar For SME Customers
As part of its 10th anniversary Fidelity Bank has organized a tw- day training workshop for its Small and Medium Scale Enterprise (SME) clients) The training, according to the Bank was also aimed at...
A Sendoff Party President Mahama Will Never Have
Foulmouthed Mahama hangers-on like Mr. Abraham Amaliba, the so-called National Democratic Congress’ legal-team member, can throw all the insults in his vocabulary arsenal, as well as the proverbial...
Gov’t Negotiates To Access Remaining US$3bn Chinese Loan
Government is in strategic negotiations with Chinese authorities to access the remainder of the US$3 billion loan for energy and gas infrastructure projects, Seth Terkper, Finance Minister has said....
BoG To Announce Economic Capital Before Minimum Capital
Despite reports that the Bank of Ghana(BoG) may compel all banks in the country to meet the new capital requirement shortly, Banking Consultant, Nana Otuo Acheampong has told Citi Business News the...
Supreme Court Ruling Proves Tiger Eye Doesn’t Exist – Justice Dery
The Supreme Court of Ghana ruled that Tiger Eye PI, a company whose purported CEO is investigative journalist Anas Aremeyaw Anas does not exist, Justice Paul Uuter Dery, has said. Justice Dery, a...
Justice Dery Calls On IGP, BoG, GRA, FIC, SSNIT To Probe Anas For Fraud
Embattled High Court Judge, Justice Utter Dery, has moved his unwavering campaign against the work of investigative journalist, Anas Aremeyaw Anas, from the court to five state agencies. The High...
Astronomical Interest Rates, Killer of Businesses
One and five Ghana cedis notes. File photo. “Well, I do not think I will be able to go for the loan for us to undertake the project. The interest rate the financial institutions are quoting is too...
Jewellery Manufacturers Upset Over Indian, Chinese Invasion
Local jewellery manufacturers are seemingly angst at what they call “unfair competition” from Chinese and Indian jewellery dealers in the country. The local jewellers claim the activities of the...