At rallies ahead of Sunday's referendum on expanding his powers, Turkish President Recep Tayyip Erdogan is fond of reciting the economic achievements of his one-and-a-half decades in power. High...
Letshego Holdings Limited has officially acquired AFB Ghana PLC after gaining approval from the Securities and Exchange Commission (SEC). This means Letshego now has a 100% ownership of AFB Ghana...
US wholesale inflation fell slightly in March but the annual measure hit its fastest pace in five years, the Labor Department reported Thursday. While analysts had been expecting a monthly slowdown,...
Inflation rate for March has declined to 12.8 per cent from the 13.2 per cent recorded in February. This rate is the lowest since December, 2013. This means prices of goods and services were fairly...
The Ghana Statistical Service has told Citi Business News the Bank of Ghana’s single digit inflation target should be achieved if policies outlined in the 2017 budget impact on prices of goods and...
Indian software giant Infosys pledged Thursday to return $2 billion to shareholders this year as it reported subdued growth in profits for the fourth quarter. The company said it would raise...
Minister for Communications, Hon. Ursula Owusu-Ekuful, has paid a working visit to the headquarters of Vodafone Ghana to familiarise herself with operations of the telecom giant. The move by the...
A battle is heating up between two iconic New York statues, the legendary "Charging Bull" and new kid on the block "Fearless Girl," with gender equality, artistic integrity and copyright issues at...
The growing temptation to resort to protectionism and uncertainty in Europe linked to the French elections pose "risks" to the global economy, International Monetary Fund chief Christine Lagarde said...
Inflation rate for March has declined to 12.8 percent from the 13.2 percent in February. This rate is the lowest since December 2013. This means prices of goods and services were fairly stable during...
Ghana and the Czech Republic have signed a Double Taxation Agreement. The Minister for Finance, Ken Ofori Atta, and the Czech Ambassador to Ghana, Margita Fuschova, signed on behalf of both...
Currently, the sector’s contribution to the Gross Domestic Product(GDP) of the country is estimated below 1.5 percent. Countries such as Nigeria and Kenya are said to have insurance penetration of...
Commissioner of Insurance, Madam Lariba Bawa, has stated that insurance companies must be financially sound and liquid to be able to honour their obligations. This, according to her, requires that...
Citi Business News has gathered that the Ghana Interbank Payment and Settlement Systems (GhIPSS), may be awarded the contract to develop an interoperable platform for telecom operators in the...
The 50 largest US companies, including Apple, Microsoft and Wal-Mart, are parking about $1.6 trillion in offshore tax havens to reduce their US tax burden, according to a study published Wednesday....
Small US businesses are key sources of jobs, but only 40 percent last year received the full amount of private financing they sought, according to a Federal Reserve survey released Tuesday. The...
The Ghana Shippers’ Authority says it is targeting a 50 per cent reduction in the payment of demurrage by the close of 2017. Demurrage is a charge payable to the owner of a chartered ship on...
The National Insurance Commission (NIC) has urged insurance companies that are struggling to meet the minimum capital requirement to consider merger before the time given them to meet the condition...
The National Pensions Regulatory Authority (NPRA) has initiated measures to encourage high participation of Corporate Trustees to maximize the coverage of persons in the informal sector. The...
Toshiba has filed its delayed financial results, warning that the company's survival is at risk. "There are material events and conditions that raise substantial doubt about the company's ability to...
