Non-Performing Loans Hit GHC6.1 Billion
The latest Bank of Ghana (BoG) Financial Stability, report covering operations of bank’s for the first seven months of this year shows Non-Performing Loans (NPLs) has hit GHC6.1 billion. Loans...
Tag: economy
Trump Team Already Filled With Washington Insiders
To shape his administration, President-elect Donald Trump is drawing squarely from the "swamp" he has pledged to drain. Trump's transition team is staffed with long-time Washington experts and...
New Balance Trainer Wearers Bin and Burn Their Shoes Over Trump
New Balance wearers are binning and burning their trainers after the company's vice president appeared to praise Donald Trump's trade plans. In an interview with the Wall Street Journal Matt...
Ghana Settles On GHC438m In 10 Year Domestic Bond
The Government of Ghana (GoG), thebftonline.com has raised an amount of 438 million Cedis (110 million) in its ten - year Cedi Bond. The debut Cedi bond though was highly over subscribed was at a...
Pound Recovers Ground After US Election
The pound has continued to recover ground following this week's US election result. The news will bring some respite to businesses that import goods, and to holidaymakers buying foreign currency. For...
Alibaba Breaks Record Sales Total
E-commerce giant Alibaba has beaten its sales record for its annual Singles Day event. About 20 hours into the event, Alibaba sales had reached 103bn yuan ($15bn; £12bn), easily topping the previous...
Oil Prices Slip As OPEC, IEA Data Underscores Crude Glut
Oil prices slipped on Friday as the market refocused on a persistent supply overhang that is not expected to abate unless OPEC and other producers cut their output significantly. International Brent...
Ooops…. Trump Is President-Elect of America!
Just when you thought it was safe to come out from behind the sofa Donald Trump trumps Hilary Clinton to become the 45th President of America. In a shock election victory he won 276 electoral college...
Losses In Health, Energy Stocks Weigh On Wall Street
The S&P 500 and the Nasdaq came under pressure on Friday as lower oil prices weighed on energy companies and a drop in shares of Johnson & Johnson (JNJ. N) and Pfizer (PFE.N) hurt healthcare stocks....
President-Elect Donald Trump
The Donald Trump you first came across depends largely on the decade in which you spent your formative years. If you were raised in the 1970s, it will be the fledgling New York property developer...
GIPC Lures Investors With Easy Access To Land
The Ghana Investment Promotion Centre (GIPC) has established a database to register lands so that investors will be able to have easy access to land and increase Foreign Direct Investment (FDI)...
Terkper Induces Businesses To Invest In Agriculture
Finance Minister, Seth Terkper has encouraged Ghanaian companies to take advantage of the opportunities of government’s recent economic policies especially in the Agriculture sector which he thinks...
Vodafone Healthfest Hits Ho With Screening Exercise
More than 500 people in Ho were on Thursday screened and treated for various ailments free of charge by Vodafone Ghana Foundation, under its “Healthfest” programme. The beneficiaries, mainly...
Journalists Urged To Eschew Partisanship
Mr Affail Monney, President of the Ghana Journalists Association (GJA), has advised journalists to suppress their partisan interests ahead of the December polls. He described the 2016 general...
Spio Garbrah To Speak At Entrepreneurship Dialogue
Global Entrepreneurship Network- Ghana (GEW-Ghana) with support from the British council will host a National Dialogue on Entrepreneurship Development as a signature event of Global Entrepreneurship...
Chaos At Banks Continues After ATMs Reopen
Long queues continue outside banks and several ATMs have run out of cash in India, three days after 500 ($7) and 1,000 rupee notes were withdrawn as part of anti-corruption measures. The BBC visited...
Banks Blame Economy For Drop In Demand For Home Loans
Banks, offering mortgage loans, have blamed the general slowdown in economic activities and a weak purchasing power among Ghanaians, as reasons accounting for the decline in the demand for mortgage...
We Don’t Cheat Our Workers
Yvonne Nduom, wife of the Progressive People’s Party (PPP) flag bearer, has described as vile propaganda claims that workers of Dr. Papa Kwesi Nduom’s conglomerate, Groupe Nduom, are poorly paid....
Coalition Speaks On Parties’ Position On Muslim Community Issues
Good morning to you all, ladies and gentlemen of the press. We begin with thanks and praises to the Almighty Allah and pray for peace and blessings on the Noble Prophet Muhammad, his household and...
Oil And Gas Companies Advised To Conduct Studies Into Possible Areas Of Operations
Local service companies in the oil and gas sector have been advised to conduct feasibility studies into areas where they want to operate to avoid loss of investment. Mr. Theophilus Ahwireng, Acting...