Toshiba has approved a plan to place its US nuclear unit in bankruptcy protection, a report said Wednesday, as the troubled division wrestles with multi-billion-losses and accounting fraud claims....
The new Board Chairman of the Ghana Cocoa Board (Cocobod), Hackman Owusu-Agyeman, believes the slashing of the “outrageous” salaries of Cocobod’s top management is only a reasonable step to...
Federal Reserve Vice President Stanley Fischer said Tuesday he would be worried by any return to protectionism in the global economy. In an interview on CNBC, Fischer said the economic policies...
Some financial institutions have begun moves aimed at getting more workers in the informal sector to enroll on pension schemes. According to some reports, about 70 percent of Ghana’s working force...
The new Board Chairman of the Ghana Cocoa Board (COCOBOD), Hackman Owusu-Agyeman, believes the slashing of the “outrageous” salaries of COCOBOD’s top management is only a reasonable step to...
Two hundred and forty-eight newly qualified accountants were at the weekend inducted into the Institute of Chartered Accountants Ghana (ICAG). An additional 221 affiliates were also admitted to the...
Investor David Einhorn unveiled Tuesday a proposal Tuesday to try to boost General Motors share price by creating two classes of stock, signaling a possible battle at the carmaker's annual meeting....
The Bank of Ghana (BoG) has released Ghana’s Trade Balance for the month of February, 2017. And the figures reveal that Ghana’s total balance of trade for February 2017 recorded a surplus of...
Two analysts have applauded the Bank of Ghana for recording the biggest drop in the policy rate in nearly 10 years, a move intended to encourage banks to reduce interest rates. Professor Godfred...
Some banks have given indication of cutting their interest rates to reflect the reduction in the policy rate by the Bank of Ghana. They explain that the move forms part of plans to reduce the plight...
US consumer confidence continued to soar in March, hitting its highest level in more than 16 years, the Conference Board announced Tuesday. The index, which hit a 15-year record in February, spiked...
Young entrepreneurs should grow their businesses gradually rather than start on a grand note if they are to avoid major mistakes, a lecturer belonging to the Association of Chartered Certified...
The Chief Executive Officer of the Private Enterprise Federation (PEF), Nana Osei Bonsu, has indicated that the recent policy rate cut may not necessarily translate into a reduction in interest rates...
Other aspects of the financial system, including investment funds, need attention since the banks cannot single-handedly drive the kind of transformation the new government seeks, Martin Ofori, CEO...
The Minority Spokesperson on Finance, Ato Forson, says district assemblies may struggle to meet their obligations to contractors, a situation that may intend make it difficult for contractors to...
Banks have intensified their search for collaterals from businesses and loan applicants in a bid to reduce growing number of non-performing loans (NPLS) in the banking sector that had hit GH¢ 6.2...
Devastating earthquakes, floods, hailstorms and wildfires, along with man-made devastation, helped push global disaster costs to $175 billion (161 billion euros) last year, reinsurer Swiss Re said on...
President Nana Addo Dankwa Akufo-Addo has urged Ghanaians to desist from hiding behind the cloak of religiosity to indulge in habits that have robbed the state of countless hours of productive time....
OVER 50 Money Lending Businesses across the southern belt of Ghana have benefited from Opportunity International Savings and Loans Limited’s (OISL) Risk Management and Financial Reporting Training....
Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has significantly reduced its key lending to commercial banks, the biggest cut in rate in almost 10 years. This represents a 200 basis...
