The Minister-designate for Trade and Industry, Alan John Kwadwo Kyeremanten, has promised the business community a favourable business environment largely driven by access to affordable capital that...
The Monetary Policy Committee of the Bank of Ghana (BoG) has maintained the policy rate for the first time this year at 25.5 percent. The policy rate, which is the rate at which the central bank...
There are high expectations the Monetary Policy Committee of the Bank of Ghana will maintain its policy rate at 25.5 percent today. The Policy rate is indicative of the rate at which the Central Bank...
The Senior Minister designate, Yaw Osafo Marfo has said it was regrettable for the system to allow the Bank for Housing and Construction to collapse. Mr. Yaw Osafo Marfo reiterated that the World...
The Senior Minister designate, Yaw Osafo Marfo has said it was regrettable for the system to allow the Bank for Housing and Construction to collapse. Mr. Yaw Osafo Marfo reiterated that the World...
Some business and financial analysts have begun expressing worry over the growing number of banks in the country. There are currently about 33 banks operating in the country with the number expected...
There are mixed reactions over the Bank of Ghana’s decision to auction 120 million dollars to commercial banks between January and March this year. A calendar issued by the central bank said it...
There are mixed reactions over the Bank of Ghana’s decision to auction 120 million dollars to commercial banks between January and March this year. A calendar issued by the central bank said it...
Despite calls for banks to merge in order to build their capacity, Citi Business News has gathered that four more banks have applied to the Bank of Ghana(BoG) awaiting approval from the central bank...
Economists have ruled out any significant impact of the change in government on the operations of the Monetary Policy Committee of the Bank of Ghana. It follows the commencement of the MPC’s first...
By Jelili Jerry Afolabi A change of government in any country comes with high expectations from the citizenry, the public and private sectors, and the international community. For the business world...
INTRODUCTION A change of government in any country comes with high expectations from the citizenry, the public and private sectors, and the international community. For the business world and economy...
The Head of Banking Supervision at the Bank of Ghana, Raymond Amanfu, has predicted of an improved performance of the banking sector in 2017. According to him, the relative stability in some...
The Head of Banking Supervision at the Bank of Ghana, Raymond Amanfu, has predicted of an improved performance of the banking sector in 2017. According to him, the relative stability in some...
Egypt pound has strengthened slightly at banks as demand for dollars slightly goes down. A dollar was being exchanged for around 18 pounds down from around 19 a week ago at most banks. This also saw...
Mr. Mervyn King, former head of the United Kingdom's Bank of England, recently stated that another financial crisis is “certain” and could come sooner rather than later. Mr. King also believes...
From a fall in Zambia’s Kwacha blamed on halted mining production to a plummet of Nigeria’s naira due to a chronic currency shortage, various African countries saw the value of their currencies...
Iran authorized some banks on Saturday to deal in foreign exchange trading at a free-market rate, the central bank said, as authorities try to unify exchange rates. Iran operates two exchange rates,...
A financial and investment management consultant Dr. Raziel Obeng-Okon says though the proposed one-district one-factory policy by the incoming government is feasible but wants its implementation to...
A financial and investment management consultant Dr. Raziel Obeng-Okon says though the proposed one-district one-factory policy by the incoming government is feasible but wants its implementation to...