The US Department of Justice is asking Deutsche Bank to pay $14bn (£10.6bn) to settle an investigation into mortgage-backed securities, the bank has said. Deutsche Bank said it "has no intention to...
The Electoral Commission (EC) has said demands being made by its staff for a 50% of their basic salaries as unsociable allowance will not affect the professional conduct of the workers. According to...
The world’s biggest investment banks saw combined revenues sink by 15 per cent in the first half of this year, the most since the aftermath of the financial crisis, underlining the urgency of...
Wapic Insurance Company Limited has told Citi Business it has grown by over 40 percent in the first half of the year. Wapic Insurance was among the first companies to recapitalize ahead of the date...
The relative high cost of properties in Ghana’s real estate industry may be reduced if Ghana stems up measures to reduce interests and regulate land acquisition processes. This is the view of...
Citi Business News has gathered that shipping lines are yet to begin a refund of illegal Terminal Handling Charges (THC) at the ports almost a week after the Transport Minister ordered for the...
Ghana issued a $750 million Eurobond on Thursday at a more favourable yield of 9.25 percent compared to its last sale, officials said, bringing in badly needed cash to balance the government's budget...
The Republic of Ghana has launched a $750m bond due 2022 at a yield of 9.25 percent, according to persons close to the deal. That compares with guidance of 9.5 percent area (plus or minus 12.5bp) and...
The Millennium Development Authority (MiDA) has told Citi Business News it has not been served with any suit on the concession of the ECG. MiDA on Wednesday released a statement announcing that...
The Director – General of the Securities and Exchange Commission (SEC), Dr. Adu Anane Antwi, is calling on investment advisors to come up with innovative ways to attract investors to invest in...
Citi Business News has gathered that government has set Wednesday to discuss details and possibly reach an agreement on demands being made by the Public Utility Workers’ Union (PUWU). The meeting...
The Kyebi Water Treatment plant has been shut down because the water has been left untreatable. The plant which serves much of the Eastern Region was shut down early on Tuesday due to the effects of...
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...
