The Central Bank has hinted it may halt licensing new firms in the next few weeks to ensure new entrants merge with non-performing Savings and Loans companies. There are currently about 32 licensed...
An OPEC-led production cut may well be accelerating a drawdown in global oil stocks that began last year, but implementing the reduction for just six months means the producer group will fall short...
They typically seek to sell ownership of such assets at a big profit a few years after they invest. Insurance broker Aon PLC (AON. N) said on Friday it agreed to sell its benefits administration and...
European shares rose to within striking distance of their highest levels in more than a year on Friday while the dollar was buoyant as investors cheered upbeat Chinese trade data and hopes of...
Minister designate for Business Development, Awal Ibrahim Mohammed, has indicated that government will roll out a long-term strategy that will help boost the private sector, especially Small and...
The Bank of Ghana(BoG) has intensified moves to encourage commercial banks in the country to cede some portion of their annual funds as credit to farmers in the Agriculture sector. Even though the...
New data released this Valentine’s Day season by money transfer service WorldRemit shows that Ghanaians living in the United Arab Emirates are sending on average US$203 (GHC893.2) more than usual...
Discussions between Ghana’s economic team and the International Monetary Fund (IMF) are set to generate revised targets which should see the Ghanaian economy placed on a sound footing after years...
The current falling Treasury bill rates will not reflect a drop in the cost of credit in Ghana, Ecobank Research has stated in its latest analysis of the Ghanaian economy. According to the report, it...
Small scale indigenous businesses in Ghana will benefit immensely from government sponsored capacity-building initiatives that will make them both locally and internationally competitive, the Nominee...
A trailer heading towards Pokuase direction on the Accra – Nsawam Highway Thursday veered off the main road onto the outer lane. The fully loaded truck hit the back of a mini passenger bus which...
South Africa-based MTN Group expects to report a full-year loss due to a $1 billion regulatory fine in Nigeria and underperformance there and at home, it said on Wednesday, sending its shares to a...
Former Deputy Communications Minister Felix Kwakye Ofosu says the government wants to throw dust in the eyes of the citizenry by claiming that over 200 vehicles are missing from the presidency....
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...
Government is set to increase women entrepreneurs to 60% by the end of its tenure in office, the Minister for Business Development, Ibrahim Awal Mohammed has disclosed. The move, according to him,...
Italian prosecutors have reportedly charged Eni and its CEO Claudio Descalzi with international corruption over the controversial acquisition of an offshore block in Nigeria in 2011. Apart from...
The Member of Parliament (MP) for Bolga Central, Mr Isaac Adongo, has accused the government of trying to court sympathy from the International Monetary Fund (IMF), using the GH¢7 billion...
President Donald Trump lamented an out-of-date U. S. air traffic control system on Thursday and criticized a federal government contract for a new system that he said was not good. As he met with...
The government has decided to fully complete the International Monetary Fund (IMF) programme, the Finance Minister, Mr Ken Ofori-Atta, has said. He explained that the government’s commitment to the...
The Office of the Administrator General (OAG) is woefully under resourced, the Administrator General, David Yaro has disclosed stating that “I feel impotent being in such an office.” According to...