The Chartered Institute of Bankers (CIB) is urging the Central Bank to consider a tiered recapitalization policy that will enable smaller-sized banks meet the eagerly awaited increment in the...
Nigeria’s troubled economy will record tremendous improvement by the third quarter of the year, the Central Bank of Nigeria (CBN), has predicted. The Director of Banking Supervision of CBN, Mr...
The Board of Directors of the African Development (AfDB) has approved a US$ 15 million investment in Shore Capital Fund III, a multinational Private Equity Fund that aims to promote financial...
Government has appointed Fidelity Bank and Standard Chartered Bank as joint lead Managers for the issuance of an Energy Sector Levy Act (ESLA) backed Bond to the tune of about GH¢10 billion. The...
The Minister of Business Development, Honourable Ibrahim Awal has today reiterated government’s commitment in making Ghana a business hub through a number of strategies that will also improve the...
Commerz Ladies, an association of the female staff of Commerz Savings and Loans, has been launched to empower corporate female executives and support the vulnerable in the society. Commerz Savings...
Kenya’s private equity fund that is backed by the private sector arm of the World Bank has raised about 30 million U. S. dollars to fund small and medium enterprises (SME) in the East Africa...
Namibia’s preliminary stock of international reserves stood at 1.89 billion U. S. dollars (24.2 billion Namibian dollars) in June, representing an increase both on a monthly and annual basis,...
The US Federal Reserve raised its benchmark interest rate by a quarter point to 1.0-1.25% on Wednesday and signaled another increase remains likely this year, despite the recent spate of weak...
Stephen Curry was still smiling and laughing about Golden State's second NBA title in three seasons when he made it clear the Warriors think they are just getting started hoisting trophies. "We're...
The chairman of a Chinese insurance group that sought a business deal with the family of US President Donald Trump's son-in-law has stepped aside following a report that he was taken away by...
The Trump administration has said it wants to ease oversight of smaller banks and curb the Consumer Financial Protection Bureau's powers. The report from the Treasury Department outlined...
Information and Communication Technology (ICT) and Transport projects financed by the African Development Bank (AfDB) in 2016 would have a positive impact on the living conditions of close to 20...
The Ghana government is considering buying shares in international food companies that process cocoa aimed at maximizing the economic benefits the country gets from the production of the crop. Ghana...
Capital Bank has organised a training programme aimed at building the capacity of over 100 of its trade clients on the regulatory framework governing trade transactions. The event was also used to...
Eleven teams have qualified to the next level of the 2017 AgriTech Challenge hosted by the Kosmos Innovation Center. The teams qualified after impressing a jury with the presentation of their...
The US Federal Reserve was due to begin a two-day review of monetary policy on Tuesday, with the second interest rate increase of 2017 seen as a near certain result. Any increase, however, would come...
Germany's Deutsche Bank has agreed to pay $170 million to settle a private lawsuit charging it conspired with other major banks to rig a key interest rate, according to a US court filing Monday. The...
There is a need for Ghana to pass a law which mandates all health facilities to have an effective board constituted, Dr Patience Aseweh Abor, a senior lecturer at the Department of Public...
Financial sector analysts are predicting a further contraction in credit to the private sector following their high contribution to the Non Performing Loans (NPL) of banks. They argue that the...
