economy

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Letshego Fully Acquires AFB

Letshego Holdings Limited has officially acquired AFB Ghana PLC after gaining approval from the Securities and Exchange...

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US Wholesale Prices Dip In March But Annual Gain Strongest In 5 Years

US wholesale inflation fell slightly in March but the annual measure hit its fastest pace in five years, the Labor...

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Inflation Drops To Lowest In Four Years

Inflation rate for March has declined to 12.8 per cent from the 13.2 per cent recorded in February. This rate is the...

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2017 Budget To Determine BoG’s Single Digit Inflation Target

The Ghana Statistical Service has told Citi Business News the Bank of Ghana’s single digit inflation target should be...

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India’s Infosys Reports Subdued Fourth Quarter Growth

Indian software giant Infosys pledged Thursday to return $2 billion to shareholders this year as it reported subdued...

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Minister Visits Vodafone

Minister for Communications, Hon. Ursula Owusu-Ekuful, has paid a working visit to the headquarters of Vodafone Ghana...

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Iconic NY Statues At Loggerheads

A battle is heating up between two iconic New York statues, the legendary "Charging Bull" and new kid on the block...

Headlines

Rising Protectionism, Uncertainty Threatens Global Growth

The growing temptation to resort to protectionism and uncertainty in Europe linked to the French elections pose "risks"...

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Inflation Rate Drops To 12.8%; Lowest In 4yrs

Inflation rate for March has declined to 12.8 percent from the 13.2 percent in February. This rate is the lowest since...

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Ghana, Czech Sign Double Taxation Agreement

Ghana and the Czech Republic have signed a Double Taxation Agreement. The Minister for Finance, Ken Ofori Atta, and the...

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Hidden Conditions Hurting Insurance Penetration- NIC

Currently, the sector’s contribution to the Gross Domestic Product(GDP) of the country is estimated below 1.5...

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‘Insurers Must Be Financially Sound’

Commissioner of Insurance, Madam Lariba Bawa, has stated that insurance companies must be financially sound and liquid...

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GhIPSS Likely To Provide Interoperability For Telcos

Citi Business News has gathered that the Ghana Interbank Payment and Settlement Systems (GhIPSS), may be awarded the...

Headlines

Large US Firms Stashed $1.6 Trillion In Tax Havens

The 50 largest US companies, including Apple, Microsoft and Wal-Mart, are parking about $1.6 trillion in offshore tax...

Headlines

Small US Businesses Face Financing Challenges

Small US businesses are key sources of jobs, but only 40 percent last year received the full amount of private...

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Ghana Shippers’ Authority Targets 50% Cut In Demurrage Charges By End 2017

The Ghana Shippers’ Authority says it is targeting a 50 per cent reduction in the payment of demurrage by the close...

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Merge To Meet Capital Requirement- NIC Urges Insurance Companies

The National Insurance Commission (NIC) has urged insurance companies that are struggling to meet the minimum capital...

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NPRA Introduces Incentives To Attract More Pension Funds

The National Pensions Regulatory Authority (NPRA) has initiated measures to encourage high participation of Corporate...

International

Toshiba Files Unaudited Results and Says Future Is In Doubt

Toshiba has filed its delayed financial results, warning that the company's survival is at risk. "There are material...