Latest 2016FY audited accounts for HFC Bank (HFC) show that the listed bank continues to under-perform among its industry peers. High risk exposure during the 52 weeks period contributed to the...
Nigeria's central bank has made moves to strengthen the naira currency to boost domestic manufacturing and lift the economy out of recession caused by the slump in global oil prices. But analysts...
South Africa's rand plunged five percent Friday after President Jacob Zuma sacked his finance minister and made ten new cabinet appointments in a dramatic reshuffle that has fuelled fears of a split...
Asian investors moved cautiously Friday following a Wall Street rally inspired by better-than-expected US economic growth data, while South Africa's rand plunged after President Jacob Zuma sacked his...
Pravin Gordhan, who was sacked late Thursday, was admired by many ordinary South Africans -- an unusual achievement for any finance minister. He held onto the purse strings for longer than many...
A deputy Local Government Minister nominee, O. B Amoah, has denied claims that he received GH¢ 75,000 of the Ghc51 million judgement debt wrongfully paid by the state to embattled businessman,...
The gains made by the Ghanaian cedi against other major foreign currencies in the past weeks are not sustainable, economist John Gatsi has stated. Currently US$1 sells for GHS 4.3 on the interbank...
A Deputy Minister of Finance-designate and the Member of Parliament (MP) for Obuasi West, Kwaku Kwarteng, told the Appointments Committee of Parliament which vetted him yesterday, that the bold...
The Central Bank Governor, Dr Abdul Nashiru Issahaku has resigned. Citi Business News has gathered his resignation takes effect from the 1st of April, 2017. It’s unclear what led to his...
The Bank of Ghana (BoG) has disclosed that the cedi is gaining strength against the dollar and other foreign currencies and is therefore advising the general public to stop hoarding the dollar...
Former Aduana Stars forward Yahaya Mohammed has attacked the Ghanaian Premier League saying he could purchase a player in Ghana with his one-month salary in Tanzania. Yahaya, who left Aduana for Azam...
A private legal practitioner has implored the 40 former Members of Parliament seeking some 10million cedis pension benefits from government, to let go their demands. The 40 former MPs, who served in...
First Atlantic Bank has added three new branches to its network of branches in the country. This brings total number of network to twenty-seven. Two of the branches are in Accra at Dzorwulu and Ring...
A private legal practitioner has implored the 40 former Members of Parliament seeking some 10million cedis pension benefits from government, to let go their demands. The 40 former MPs, who served in...
Through a spectacular heist, a precious and extremely heavy coin has been stolen from Berlin's Bode Museum. A unique coin was stolen from the Bode Museum in Berlin early Monday morning, at around...
Just before officially triggering the Brexit process, Britain is marking the launch of a new 1-pound coin with a 12-sided shape. It's believed to be one of the most beautiful and most secure coins in...
Details of the Brexit separation are still unknown. But nine percent of German firms with interests in Britain are already planning to move investments elsewhere, the German Chambers of Commerce and...
Member of Parliament for Ajumako/Enyan/Essiam Constituency, Cassiel Ato Forson has denied the existence of any document approving payment of pension to any former Members of Parliament at the...
Finance Minister Pravin Gordhan returned to South Africa on Tuesday after President Jacob Zuma recalled him from a trade trip, fuelling speculation of a dramatic political showdown. Zuma's decision...
The President of the Ghana Bankers Association, Mr Alhassan Andani, has called on the government to put in the right measures to address the depreciation of the local currency the cedis. He explained...
