President Nana Addo Dankwa Akufo-Addo says Ghana’s banking sector has become increasingly fragile as a result of the previous government’s bad economic policies, which negatively affected the...
Falls for the euro and the pound dominated trade in the major global currencies on Friday, hit by a combination of nerves over upcoming French elections and signs British consumers are beginning to...
IT has emerged that the performance of the Ghana Petroleum Funds’ portfolios declined in the second of 2016. In an era where Ghana paid between eight and 10.75% interest on Eurobonds, it is...
The UK economy will slow down sharply over the next couple of years The UK economy will slow down sharply over the next couple of years says the European Commission. Its latest forecast says the UK...
The increasingly unpredictable French presidential election race unnerved European financial markets on Tuesday, tipping the euro towards its biggest fall this year and driving investors away from...
Finance Minister Ken Ofori Atta has announced Ghana will miss three key economic targets in 2017. The three include the country’s growth target as well as fiscal deficit target. Another economic...
Finance Minister Ken Ofori Atta has announced Ghana will miss three key economic targets in 2017. The three include the country’s growth target as well as fiscal deficit target. Another economic...
The dollar inched fractionally higher on Friday, as it limped toward U. S. jobs data facing its fourth straight weekly fall in what has already been its worst start to a year in three decades. The...
The dollar recovered a little ground on Wednesday after recording its worst start to the year in three decades on concerns the United States was poised to ditch its two-decade-old "strong dollar"...
Ghana might record a possible downgrade by credit rating agencies during their periodic assessments of economies in Africa. The recent publications by Standard & Poor rated Ghana B- with a stable...
Ghana might record a possible downgrade by credit rating agencies during their periodic assessment of economies in Africa. The recent publications by Standard & Poor rated Ghana B- with a stable...
Ratings agency Fitch has downgraded the outlook on Nigeria’s long-term debt to B+ following concerns on the west African nation’s economic outlook. Nigeria is experiencing its worst economic...
Finance Minister Nominee, Ken Ofori Atta has disclosed to Citi Business News government should commence the implementation of the fiscal stability and fiscal responsibility act by the end of this...
Finance Minister Nominee, Ken Ofori Atta has disclosed to Citi Business News government should commence the implementation of the fiscal stability and fiscal responsibility act by the end of this...
The dollar edged higher on Monday, boosted by robust U. S. wage growth data strengthening the case for more Federal Reserve interest rate increases, while Britain's pound fell on Prime Minister...
A short-lived surge in the euro dominated this year's last day of trade in major foreign exchange markets on Friday, with dealers citing a handful of orders as driving the dollar to its lowest since...
Eurogroup chief Jeroen Dijsselbloem said on Saturday talks about initial Greek debt relief measures would be resumed after being frozen mid-month over Greece's decision to pay pensioners a Christmas...
The Greek parliament has defied the international creditors providing Athens' bailout funds and voted through a one-off payment to pensioners. Plans for the €617m (£517m; $656m) pre-Christmas...
A chartered economic policy analyst, Dr Williams Abayaawien Atulik, has expressed concern about the coupon rate on the Eurobonds issued by the government. He said financing the budget deficit with...
Without exception, all the major international ratings agencies have predicted a budget deficit overrun in 2016, a projection that has a strong likelihood of occurring given official data showing the...