Central Banks use monetary policy rates as the benchmark for charging interest on loans and advances to commercial banks. Whenever a commercial bank has a temporary shortage of funds it usually...
The interest charged by banks and other lending financial institutions on loans and advances to individuals and corporate clients, has consistently declined over the past five months. According to...
Financial sector analysts are predicting a further contraction in credit to the private sector following their high contribution to the Non Performing Loans (NPL) of banks. They argue that the...
Former President Flt Lt Jerry John Rawlings has praised a former Governor of the Bank of Ghana, Mr Alex Ashiagbor, for his level of competence in the area of financial management. The former...
Contrary to information from Government of Ghana (GOG) only five investors showed interest in the controversial $2.25 bond transaction, it now been established that the number was more than what had...
Monday June 5, 2017 marked World Environment Day. The day cannot pass by without talking about Chinese attitude and global environmental debacles. Don’t I sound excessively stereotypical and...
The banking industry’s stock of Non-Performing Loans (NPLs), increased by 24.5 percent between April 2016 and April 2017, the Bank of Ghana’s latest banking sector report has shown. The...
The Chartered Institute of Bankers (CIB) says the decision by the government to issue new bonds to pay off legacy debts will bring significant relief to the banking industry. Its Chief Executive,...
Founding President of think tank IMANI Ghana has charged the opposition National Democratic Congress (NDC) to quit playing politics with the $2.25b bond issued by government. Franklin Cudjoe believes...
The Chartered Institute of Bankers says the decision by the government to issue new bonds to pay off legacy debts will bring significant relief to the banking industry. Its Chief Executive, Anthony...
The Head of Financial Services at the Bank of Ghana, Stephen Opattah has dismissed claims suggesting that he had said the $2.25 billion bond was issued in dollars. The bond which was issued in April...
At the beginning of April this year, the Government of Ghana seemingly took a giant stride in its ongoing efforts to deepen the country’s capital market and substantially expand its constricted...
The National Pensions Regulatory Authority (NPRA) has disclosed of plans to achieve at least 80 percent subscription by informal sector workers within the short to medium term. The pensions’...
The minority in parliament says it is still pursuing the controversial 2.25 billion dollar bond issue by the Akufo-Addo government to prove that the bond was not issued in the right manner. It said...
The Auditor-General, on Friday, asked all persons in public offices who have not yet declared their assets to do so in tandem with Article 286 of the 1992 Constitution of Ghana. The Article states:...
The Finance Minister, Ken Ofori-Atta has advised the Minority against making further negative commentary on issuance of the bond as it deters investors. ‘We must appreciate and recognize the...
The Member of Parliament for Bolgatanga Central, Isaac Adongo insists that government provides the names of those who subscribed to the $2.25 billion controversial bond to prove its innocence in the...
The First Vice Chair of the opposition National Democratic Congress (NDC), Samuel Ofosu Ampofo, has said that his party is tolerant and did not manoeuvre to get immediate past Chief Justice Georgina...
The Member of Parliament for Bolgatanga Central, Isaac Adongo insists that government provides the names of those who subscribed to the $2.25 billion controversial bond to prove its innocence in...
Ghana’s immediate past Chief Justice Georgina Wood is being urged to thank God for not being asked to resign by the erstwhile Mills-Mahama administration before her time. According to first vice...
