Punish Defying Shipping Lines
Key business organizations in the country have called for all shipping lines that flouted the Transport Minister’s directive asking them to halt charging the Terminal Handling Charges to be...
Tag: economy
Moody’s Positive Rating of Ghana A Reflection of Economy- Terkper
Finance Minister Seth Terkper is optimistic recent revision of Ghana’s Long Term Bond Ratings from negative to stable by international Credit Ratings Agency, Moody’s will influence Ghana’s...
FPSO Nkrumah Gets Hull & Machinery Insurance
Tullow Oil has announced that Hull & Machinery insurance cover has been confirmed for the FPSO Kwame Nkrumah by its reinsurers following the failure of the turret bearing earlier this year. The Hull...
Emirates Rejects Naira In Payment For Flight In Nigeria
Emirates rejects naira in payment for flight in Nigeria Emirates Airlines has rejected the Nigerian currency, naira, for payment by travellers to Brazil. The Dubai-based airline is rather demanding a...
The Entrepreneur of the 21st Century
The sustainable business breakthroughs of the 21st century will occur not by chance or trial and error as it has been in the last decades, but through implementing well tested innovative business...
Why Ghana Gov’t Needs To Rethink Too Many Eurobond Issues
Why Ghana gov't needs to rethink too many Eurobond issues Introduction There are several advantages that Eurobond brings to the issuing country. The main advantage is to increase the liquidity and...
IMF Decides Ghana’s Fate Under ECF Tomorrow
CitiBusinessNews.com can confirm the board of the International Monetary Fund (IMF) will meet tomorrow, September 28, 2016 to finalize on whether or not to approve the third tranche of funding for...
Moody’s Changes Ghana’s Creditworthiness From Negative To Stable
Moody’s Investors Service (“Moody’s”) has affirmed the Government of Ghana’s issuer and senior unsecured rating at B3 and changed the outlook to stable from negative. The key drivers of...
Moody’s Reviews Ghana’s Issuer Outlook From ‘negative’ To ‘stable’
Rating agency, Moody’s has reviewed Ghana’s issuer outlook from negative to stable, maintaining the rating at B3. The key drivers for the review, according to the rating agency, is the...
Ban On Imports Not Solution To Trade Imbalances
An advisor to the Governor of the Bank of Ghana, Mr. Franklin Belnye has kicked against the placement of ban on some selected imported items as a measure of improving Ghana’s budget deficit....
Terkper Upbeat of First Local Dollar Denominated Bond
Finance Minister Seth Terkper is optimistic government’s decision to issue its first local dollar denominated bond in the country will yield good results. According to him, there are enough US...
IMF Cash Delay To Push Inflation & Credit Up
The Institute of Statistical, Social and Economic Research (ISSER) is cautioning cost of credit as well as inflation will shoot up in the coming months if there is a further delay in the release of...
Further Delay In IMF Cash Will Push Interest Rates Up – Economist
An Economist with the Institute of Statistical, Social and Economic Research, (ISSER), Professor Robert Darko Osei, is cautioning of a further increase in interest and inflation rates over a further...
Arrest Editors of Catalyst and Alhajj Newspapers
Lawyer for Fadi Dabbousi, the Ghanaian-Lebanese author and pilot, detained by the Bureau of National investigations (BNI) over his ''59 Years to Nowhere'' book which criticises President Mahama's...
African Economies Reel Under Petroleum Slump – ACEP
Many Oil producing countries in the African sub-region have been the worse hit by the plummeting oil revenues following the high risk of their less diversified economies, over dependence on oil...
AfDB Poised To Lighten Africa
Dr Akinwumi Adesina, President of the African Development Bank (AfDB) has called for bold action to light up Africa within the next 10 years. “Ten years is the timeframe. We need to take Africa out...
Government Charged To Spend Oil Revenues Responsibly At All Times
Government has been charged to spend oil revenues responsibly at all times to enable it to mitigate the negative impact a slowdown in commodity prices may have on the economy as it is currently. This...
An Engine of PR and Communications Growth In West Africa
Ghana: An engine of PR and communications growth in West Africa By Adam Wakefield As media markets across the African continent become more sophisticated, so do the demands upon its growing PR and...
BoG Boss Assures of Positive Banks’ Performance
The Governor of the Bank of Ghana (BoG), Dr Abdul Nashiru Issahaku, has given the strongest indication that with the debt owed to commercial bank by the Volta River Authority (VRA) now partly...
Employed, Unemployed Or Under-Employed?
Among the key issues in this year’s elections which has been brought to the front burner is the issue of unemployment. To the extent that we have an Unemployed Graduates Association in this country...