Business_Finance

Business

Terkper Defends Raising Bond At 19%

The Finance Minister, Mr Seth Terkper, has defended the government’s decision to raise a GH¢438-million bond at a...

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Tokyo Shares Close Higher On Upbeat U.S. Data, Oil Price Spike

Tokyo shares closed higher Wednesday with the Nikkei index ending at a roughly nine-and-a-half-month high, as U. S....

International

Exxon In Negotiations With Chad Over Record $74 Billion Fine

Exxon Mobil Corp (XOM. N) is negotiating with Chad over a record $74 billion fine the U.S. oil company was told to pay...

Business

No Job Cuts Under IMF Deal

President John Mahama has said there will be no job cuts in the public sector under the three-year $918-million deal...

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SEC Still Awaiting MTN’s Progress With Floating of Shares

Information available to Citi Business News indicate that MTN Ghana is yet to complete processes that will allow it to...

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Bankers Optimistic of Drop In NPLs By End of 2016

The impact of the high Non-Performing Loans (NPLs) on the books of commercial banks is set to reduce by the close of...

Business

$200m Left To Pay On 2007 Eurobond

The Minister of Finance Seth Terpker has disclosed that the government will soon complete the payment of the...

Business

Stabilisation Fund Reaches All-Time Low

Government’s consistent lowering of the cap on the Ghana Stabilisation Fund (GSF) could ultimately defeat the purpose...

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Snapchat ‘files For Stock Market Float’

Snap, the parent company of messaging app Snapchat, has filed to list on the US stock market, according to several...

Business

President Mahama To Consider Capping Interest Rates

The President of Ghana John Dramani Mahama has hinted of moves to consider capping interest rates in the country....

Sports

Asante Kotoko To Sack Coach Michael Osei

Report reaching Ghanasportsonline.com indicate that Kotoko is on the verge of sacking Coach Michael Osei who guided the...

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Ultra Modern Office Complex For NCA Commissioned

Accra, 15th November, 2016 – The Hon. Minister for Communications, Dr. Edward Omane-Boamah has commissioned the new...

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Kenya Launches External Resources Policy To Manage Overseas Aid

Kenya on Wednesday launched the Kenya External Resources Policy (KERP) that provides the legal framework for guiding...

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Namibia Vehicle Sales To Continue On Downward Trend

Namibia's monthly new vehicle sales statistics for October contracted by 7.5 percent month on month compared to an 8.5...

Business

Mobile Money Records 420% Growth In 5 Years

Records from the Ghana Chamber of Telecommunications indicate mobile money wallets have grown 420 percent from an...

Business

We’ll Take Tough and Bold Decisions To Stabilise Economy

President John Dramani Mahama has said government would continue to take tough and bold decisions to help stabilize the...

Business

New African Airline Sets Sights On Baltimore

New Ghanaian carrier Goldstar Air plans to start services to Baltimore Washington International (BWI) in 1Q 2017,...

Business

Vodafone Wins Best CSR Organisation of the Year At AGI Awards

Telecommunications giant, Vodafone Ghana has been adjudged the Best Corporate Social Responsibility (CSR) Organisation...

Business

ABL Equips Its Retailers With Basic Business Skills

Accra Brewery Limited (ABL) embarked on an ambitious initiative to equip retailers of its products with some basic...