The Ghana Stock Exchange (GSE) closed in the red in the week ending June 9, making it the second consecutive decline in recent times. The decline in the two market indices was due to currency...
French election results favoring President Emmanuel Macron's party boosted the euro but hit European equities Monday, while US stocks retreated due to another round of technology weakness. The euro...
To mark the 60th anniversary of the end of colonial rule, London-based photographer Ricky Darko headed back to his birthplace of Kumasi, in the south of the country, to document what type of job...
Fire has gutted several stores and a truck at Roman Hill, close to the Kumasi Central Market in the Ashanti Region. According to Citi News’ Lauretta Timah, items worth hundreds of thousands of...
The cedis sustained appreciation against the U. S dollar may not be ending anytime soon as the local currency is still making some gains on the inter-bank against the dollar. The cedi was sold at...
The Ashanti Regional branch of the Ghana Gold Buyers Association is alleging that foreigners engaged in gold buying in Ghana are involved in money laundering, but the state security agencies are...
The Ghana Cedi ended the first month of 2017 with a depreciation rate of 2.80 percent against the US dollar, according to investment bank, Frontline Capital Advisors. Among six African currencies...
Gold production is expected to significantly increase this year, given the huge investments and expansion drive by major mining companies in the country, according to Dr. Toni Aubynn, Chief Executive...
The Monetary Policy Committee (MPC) of the central bank is set to review the Monetary Policy Rate (MPR) on Friday January 20, 2017, with the prime objective of ensuring price stability and low...
Ghana's domestic oil importers said on Friday they may take legal action against the government to recover interest on an outstanding debt of $384 million that presents an early headache for the...
A few countries have fared well, but others have seen the value of their currencies fall dramatically. Egypt took the radical decision to let its currency float freely in November. The move was part...
Yields on treasury securities continued their downturns as government’s appetite for short term securities declines. The week ending December 1 saw the rate of return on 91-day bill softening by...
The Bank of Ghana(BoG) will today auction the first of three dollar auctions for this year to commercial banks in the country as part of moves to stabilize the cedi. The 1.8 billion dollar proceeds...
A searing selloff rocked Asian shares and emerging market currencies on Friday as investors feared higher U. S. interest rates under incoming President Donald Trump will spark capital outflows from...
Wall Street recovered some losses on Friday but still closed lower, with U. S. stocks and the dollar falling after the Federal Bureau of Investigation said it would probe additional emails related to...
World markets had a swagger about them on Tuesday as upbeat economic data and signs of a revival in inflation pushed up stocks and commodity prices and kept the dollar at a nine-month high. Factory...
The Ghana cedi is projected to sell at a higher amount in relation to other major currencies on the global interbank market, Groupe Nduom (GN) Research has predicted. According to the analyses by GN...
The yield on the Government of Ghana 182-day treasury rate edged up by 0.01 per cent to settle at 24.70 per cent at the auction in the week ending September 23. However, the rest of the yields on the...
Founder of UT Holdings, Prince Kofi Amoabeng, has advised the banking sector to be cautious in lending to importers of oil and gas describing the sector as risky. Banks are having to deal with...
