Many people in Ghana have lost money by investing in a Russian-backed Ponzi scheme which promises huge profits. The scheme, the Mavrodi Mondial Movement or MMM, was introduced in Ghana after it was...
The governor of the Bank of Ghana (BoG) Dr. Abdul-Nashiru Issahaku has expressed optimism in the stability of the cedi as the year starts. According to him, the local currency showed some level of...
The governor of the Bank of Ghana (BoG) Dr. Abdul-Nashiru Issahaku has expressed optimism in the stability of the cedi as the year starts. According to him, the local currency showed some level of...
2016 has been a roller coaster of a year, and currency markets are no exception. A few countries have fared well, but others have seen the value of their currencies fall dramatically. Here’s a list...
APM Terminal which is part of the Maersk Group and operates a container terminal in the Tema Port is in deep conflict with its employees over prolonged negotiations on salary review for 2016 and...
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...
Ghana's Gross Domestic Product (GDP) provisional growth in the third quarter of 2016 rose by 4 percent year-on-year. The GDP which includes oil for the 3rd quarter of 2016, grew by 4 percent compared...
Navrongo, Dec. 31, GNA - The Centre for Social Mobilisation and Sustainable Development (CENSODEV), a Non-Government Organisation, has equipped some young entrepreneurs with business skills to...
Jennifer Lopez and Drake‘s are-they-or-aren’t-the romance continues to keep fans guessing as the two musicians spend even more time together. And a source close to both stars tells PEOPLE that...
Just about anyone who had money in the market is saying, "Thank you, 2016!" The vast majority of investors -- 77% -- made money this year, according to data shared first with CNNMoney by Openfolio,...
Oil prices have slumped since the summer of 2014 from above $100 a barrel Oil prices have slumped since the summer of 2014 from above $100 a barrel. The price rout, due to an oversupply thanks in...
The Cedi recorded a week-on-week (WoW) depreciation of 1 percent against the USD. It opened at a price of GH¢4.1105/$ but closed at GH¢4.1521/$ reflecting YTD depreciation of 8.60%. This compares...
Uganda’s inflation rose to 5.7 percent year-on-year in December from 4.6 percent last month, the statistics office said on Friday. Annual core inflation also jumped to core 5.9 percent from 5.2...
Growth in the areas of acquisition of new internet subscribers in Nigeria occurred only on the Globacom network in the month of October, 2016, according to the latest information released by the...
From a fall in Zambia’s Kwacha blamed on halted mining production to a plummet of Nigeria’s naira due to a chronic currency shortage, various African countries saw the value of their currencies...
So every country manipulates their currencies either by easing and tightening interest rates or using stimulus to boast the market. Regulators have fined some of the financial institutions...
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...
Mr. Moses Okpoti, a 34 year old technician at Ghana ElectroMetre, became the proud winner of a brand new KIA Sportage car at stake as the grand prize in the Royal Aroma consumer loyalty promotion...
The Ghana Interbank Payment and Settlement Systems (GhIPSS) has increased access to e-zwich services by increasing the number of e-zwich agents by about 100 to over 325 agents. This is to allow...
Access to e-zwich services continuesµ to improve significantly following a new initiative by the Ghana Interbank Payment and Settlement Systems (GhIPSS), to allow interested enterprises to also...
