Time To Reduce Policy Rate Now
The business community, backed by some economists have intensified renewed calls for the central back to strongly consider cutting its policy rate to induce growth following the decline in inflation...
Tag: economy
Capital & More Offers Micro Loans To Commercial Drivers In Accra, Tema
One of the fast growing microfinance companies in the country, Capital & More, is introducing yet another unique product in the industry that is set to cushion commercial drivers to overcome their...
Mahama’s Gov’t Wastes GHS500 Million On Shady Firm – NPP
The opposition New Patriotic Party (NPP) has lashed out at the John Dramani Mahama administration for paying GHS500 million to a company without any contractual agreement with the state. In...
Gov’t Fraudulently Paying Millions To Zoomlion – NPP Alleges
The opposition New Patriotic Party (NPP), has accused government of creating a corrupt scheme worth over GH¢ 448 million as payment to Zoomlion Ghana, for the management of some Youth Employment...
Interest Rate To Go Down – Terkper Predicts
Finance Minister Seth Terkper is predicting that the significant drop in inflation is likely to force interest rate down in the coming days. Inflation for the month of October 2016 declined from the...
Works On Kumasi Airport Restricted By Encroachment
Plans by the Ghana Airports Company Limited (GACL) to extend the runway of the Kumasi Airport to carry bigger flights have been restricted due to encroachment on the land originally acquired for the...
Exim Bank Supports Graduate Entrepreneurs With GHC2 Million
The dream of some 20 young graduates entrepreneurs to get funding to enhance their business became a reality Wednesday as the Ghana Export and Import (Exim) Bank supported them with GHC2 million. In...
Trump Touts Foreign Contacts On Twitter, Lashes Media Report
President-elect Donald Trump used his Twitter account on Wednesday to denounce reports of problems in his transition team, singling out the New York Times for saying world leaders have had trouble...
China Holds ‘World Internet Conference’ As Censorship Intensifies
As China hosts execs from global tech companies at its World Internet Conference, human rights advocates are warning that online censorship in the country is only getting worse. Representatives of U....
Wage Bill To Reduce To 40%
Government is working to reduce the wage bill from the current 51 percent to 40 percent in 2017 in order to invest in social and economic services. President John Mahama disclosed this at the 21st...
Barcelona Reveal New €220m Shirt Sponsor Deal
Barcelona will have a new name on the front of their jerseys from the start of the 2017-18 season with Rakuten becoming their new sponsor as part of an initial four-year deal worth an estimated...
EU Warns Eight Nations On Budget Deficit
The European Commission has warned that eight eurozone countries, including Italy, are at risk of breaking EU rules because of excessive budget deficits. Under EU rules, member states are not...
Trump’s Foreign Policy On Africa Is Likely To Be Non-Existent
Trump's foreign policy on Africa is likely to be non-existent By Peter Vale Africa is likely to slide down the list of foreign policy priorities of a Donald Trump administration. This is because...
Trump-Fueled Risk Rally Shifts To Japanese Bonds, Euro
Investors resumed the post-U. S. election trade of selling bonds and buying stocks on Wednesday after a pause earlier this week, albeit less aggressively, with Japan's 10-year bond yield hitting its...
Supreme Court Gives Martin Amidu Go Ahead To Orally Examine Woyome
The Supreme Court has granted the wish of former Attorney General, Martin Amidu to orally examine beleaguered businessman Alfred Agbeshi Woyome over the GHC51 million judgment debt and related...
The Lessons Of The 2016 US Elections
In this Era characterized by the rejection of the global elites, one must be careful not to draw universal lessons from the recent US elections. After all, in most other countries, Mrs. Clinton would...
Oprah Winfrey Clarifies Her Trump Optimism After Twitter Backlash
We think it’s safe to say Twitter won’t be on Oprah Winfrey’s list of favorite things for the next few years. The former talk show host/part-time Lindsay Lohan counselor caused some controversy...
IMF Frees Zimbabwe Off Sanctions After Paying Arrears
The International Monetary Fund (IMF) has lifted remedial measures against Zimbabwe after the southern African country cleared its 15-year debt arrears to the multilateral financial institution last...
Terkper Defends Raising Bond At 19%
The Finance Minister, Mr Seth Terkper, has defended the government’s decision to raise a GH¢438-million bond at a rate of 19 per cent, explaining that interest on the 10-year loan is the second...
Tokyo Shares Close Higher On Upbeat U.S. Data, Oil Price Spike
Tokyo shares closed higher Wednesday with the Nikkei index ending at a roughly nine-and-a-half-month high, as U. S. stocks climbed overnight on upbeat U.S. retail sales data and oil prices rebound....