High asset risks pose the biggest challenges for banks in Ghana, says Moody's Investors Service in a report published today. "We expect asset risk for banks in Ghana to remain high over the coming...
Vice chairman of the Public Interest And Accountability Committee (PIAC) Kwame Jantuah says a proposal by government to finance its free education policy with the heritage fund is preposterous. He...
World stocks hit an all time high on Thursday as the latest round of robust global data matched hopes that major economies like the United States will soon be serving up large helpings of fiscal...
Citi Business News has gathered that banks in Ghana have reduced lending to the private sector due to the continuous rise of Non Performing Loans(NPLs). The banks believe the move will reduce the...
Energy think tank Africa Centre for Energy Policy (ACEP) has said the Akufo-Addo government must stay off using the Heritage Fund to finance its Free Senior High School policy. In a statement signed...
Seventeen banks have been accused of rigging the price of South Africa’s currency, the rand. The country’s Competition Commission has called for big fines against the banking giants, which...
Ghana needs about $600 million per annum to fund and implement the Free Senior High School programme introduced by the Akufo-Addo government, Patrick Stephenson, Director of Research and Finance of...
IT’S been reported by a section of the media that some of our Honourable MPs behaved in an un-honourabale manner in Abuja, Nigeria, recently. This happened when Ghana’s parliamentary delegation...
Confidence in Ghana’s economy by its landlocked neighbours of Burkina Faso, Mali and Niger, coupled with improved security along trade corridors, has steadily pushed up transit trade figures over...
The decision by Nana Akufo-Addo’s administration to finance its flagship free Senior High School policy with petroleum revenues has stirred controversy about the usefulness of the Ghana Heritage...
As part of Barclays Bank Ghana’s celebration of 100 years in Ghana, the bank paid a surprise visit to Citi FM to share some cake with the staff and management. The Head of Communications at...
The UK and German governments are seeking to safeguard jobs in the potential merger of the Vauxhall and Peugeot carmakers. Ministers have raised concerns after PSA Group, maker of Peugeot cars, said...
Wages grew faster than the rate of inflation at the end of 2016, official figures show. In the three months to December, wages grew 2.6% on an annualised basis in the UK, according to the Office for...
Mr Kenneth Kwamina Thompson, the Chief Executive Officer of Dalex Finance, has observed that the widespread corruption in the public sector has taken the country to the dark ages. He, therefore,...
Some of the US capital's finest restaurants are putting their money where their mouths are: shutting down for a day to protest President Donald Trump's anti-immigrant policies. A number of dining...
US President Donald Trump's pick for labor secretary Andrew Puzder withdrew from consideration Wednesday, the White House said, amid concerns about his business record and controversies about his...
The US central bank chief sparred with legislators Wednesday over its responsibility for the weak economic recovery, bank regulations and its participation in international bodies. In often...
Return on investment of Ghana’s Heritage Fund recorded a decline in the second half of 2016 as compared to the first half of the same year. A report released by the Bank of Ghana on the performance...
The worst excesses of the Indian wedding industry may soon be curbed if a new bill is approved. The proposed bill will not only limit the number of guests and dishes served to avoid waste, but also...
CAL Bank has assured that an acquisition of 27.7 percent stake in the bank by Arise Investment will further grow the company to entrench its position as one of the leading banks in Ghana. Arise...
