As they await this week's stress test results, US banks face a dilemma their European counterparts can only dream of: what to do with a pile of excess cash? The answer is expected to become clearer...
Everyone thought Tamer El Said had gone mad in the decade it took him to make his film "In the Last Days of the City". "My friends would look at me with a mixture of pity and sarcasm when they asked...
Representatives of some Ghanaian businesses and members of the Parliamentary Select-Committee on Transport and Agriculture, would on June 26, 2017, embark on a trade mission to Moscow, Russia, to...
At the back of Mandisa Zwane's typical yellow plaster-clad Soweto house is a bustling hive of activity set to a soundtrack of gospel music and crying babies that emanates from nearby. Every day the...
Black Star Holding Limited (BSHL), a wholly owned subsidiary of LeapFrog Strategic African Investment (LSAI), has acquired the minority shareholder in three subsidiaries of Enterprise Group. The...
The Ghana Revenue Authority (GRA) has been impressed upon to re-examine the various mergers and acquisitions that have been completed in the country to reconcile potential revenue losses due to tax...
Social Security and National Insurance Trust (SSNIT) is suffering from the knock-on effect of loans gone bad in the banking sector, due to its large shareholding in the sector. With equity stake in...
The acting Director General of the Ghana Ports and Harbours Authority, Paul Asare Ansah, has inaugurated a nine-member committee to develop modalities for the Port Infrastructure Development Fund in...
Public Interest and Accountability Committee (PIAC) wants government to consider hedging a portion of Ghana’s share of crude oil exports. Although the committee is recommending this to cushion the...
The market numbers in terms of values and volumes of shares so far has been impressive this week on the back of increased speculative activities on stocks such as UT Bank and SIC. As rightly...
The largest US banks would withstand a severe recession and still be able to lend to American households and businesses, the Federal Reserve announced Thursday. The results of the first part of the...
Management of the Tamale Teaching Hospital has refuted claims that patience are made to pay before healthcare is delivered. A group calling itself Coalition for Change in Government Institutions on...
Celebrated Ghanaian actor John Dumelo may probably be considering his future as an actor and more likely to turn his attention to cattle farming. The actor has been spotted on a farm with cows....
South Africa’s highest court has ruled that a vote of no-confidence against President Jacob Zuma can be held in secret. The constitutional court said that the Speaker of parliament had the right to...
South Africa’s highest court has ruled that a vote of no-confidence against President Jacob Zuma can be held in secret. The constitutional court said that the Speaker of parliament had the right to...
The Bank of Ghana’s Monetary Policy Rate (MPR) has been lowered by 350 basis points from 26% in January to 22.5%. This is the rate at which commercial banks borrow from the central bank on...
South Africa's highest court on Thursday ruled that lawmakers can cast secret ballots in a no-confidence vote in President Jacob Zuma, who is facing mounting criticism within the ruling ANC. Although...
Shares in a film unit of Chinese conglomerate Dalian Wanda Group were suspended from trading in Shenzhen after a dramatic fall on Thursday following rumours that banks would dump the firm's bonds....
Dozens of supercars including Lamborghinis, Porsches and BMWs have been stolen from the streets of Britain and shipped to Thailand in a complex scam that police from both countries are now rushing to...
Barclays and four former executives have been charged with fraud over their actions in the 2008 financial crisis. The Serious Fraud Office case relates to the way the bank raised billion of pounds...
