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...
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 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...
Angry customer of defunct DKM, Diamond Micro-Finance Ltd, God is Love Fun Club Jastar Motors investment and others in the Brong Ahafo Region have invoked curses on President John Mahama and 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...
The Chief Executive Officer of BEIGE Capital, Mike Nyinaku, says the explosion of mobile money services pose no threat to the future of the banking sector in the country. “Mobile money service is a...
The Head of Communications of the Bank of Ghana (BOG), Mr. Bernard Otabil, has asked business and financial journalists not to create panic in the banking and financial markets through speculation....
Founder of UT Holdings, Prince Kofi Amoabeng, has said there should not be too much sympathy for “greedy” victims of microfinance scams. According to Mr Amoabeng, the depositors are aware of the...
Government’s decision to re-open a five-year GHC400million domestic bond has bolstered expectations that the cedi will from this week see one of its strongest runs amid rising pressure on the local...
Customers of Safeway Tilapia Investment Company Limited whose monies have been locked up in the company may not be receiving their monies anytime soon as the company has halted its operations. A new...
A new report released by the Bank of Ghana (BoG) on Annual Percentage Rates (APR) and Average Interest(AI) paid on deposits by banks has reveled that the average interest rate for a car loan in Ghana...
“… Things are never as complicated as they seem. It is only our arrogance that prompts us to find unnecessary complicated answers to simple problems.” The preceding words by Professor Muhammed...
Government has announced plans to issue an estimated 25.3 billion cedis between August and December this year. Of the amount, 23.8 billion cedis is expected to be used to rollover forecast maturities...
The Bank of Ghana (BoG) in collaboration with the German government is to set up a deposit protection system to help ensure protection for depositors. This system is also to enhance the safety of the...
The advent of money transfer by means of cellular phones poses no danger to the survival of traditional banks, founder of UT Holdings, Kofi Amoabeng, has stated. Contrary to talk that the service...
Nana Wereko Ampem II, also known as Mr. E. N.Omaboe, was born at Amanokrom and received his primary education at Mamfe Presby Junior School and Suhum Presby Senior School. He gained admission to...
The late Dr Nikoi, was born on 19th January 1930 at La, Accra and died on Thursday, 5 September. He had Bsc in Economics at the Amherst College in USA in 1953, a Fellow of Harvard University, USA...
Mr. Terkper was born in Somanya in the Eastern Region of Ghana, where he started his Elementary School education in the Presby cluster of schools. He obtained his first degree in Bachelor of Commerce...
Mahamudu Bawumia (born October 7, 1963) is an economist and banker. He was a Deputy Governor of the Bank of Ghana until his nomination as Vice Presidential candidate for the New Patriotic Party (NPP)...
Kwesi Bekoe Amissah-Arthur is a Ghanaian economist. He was Governor of the Bank of Ghana before his appointment as the Vice President of the Republic of Ghana. Amissah-Arthur has a B. Sc in Economics...