The Finance Ministry has described as unfortunate statements by the minority in Parliament that the recent US$2.25 billion domestic bonds it issued was deliberately skewed to favor a particular...
The average interest banks charge on loans and advances has seen a drop for the third time running, according to the central bank’s latest monthly Annual Percentage Rates (APR) and Average Interest...
Vice President Dr. Mahamudu Bawumia has fired salvos at the Minority National Democratic Congress (NDC) in parliament, describing them as “ignorant” following their stance over the issuance of a...
The industry average for vehicle loans has however dropped from 35 percent in February to 34.2 percent in March 2017, the latest Annual Percentage Rates and Average Interest report by the Bank of...
We have observed with a sense of amusement the controversy that has erupted as a result of the press conference held by the National Democratic Congress (NDC) on Tuesday, April 18, 2017, at which...
The Ghana Cocoa Board (Cocobod) has launched a project to treat and rehabilitate some 10,000 hectares of diseased and overage cocoa farms in the Western North and Eastern regions this year. The...
The Ministry of Finance has dismissed allegations of conflict of interest made by the Minority in Parliament against the Finance Minister, Ken Ofori-Atta in the issuance of a $2.25 cedi-denominated...
Debt management strategies being deployed by government will take a while before impact can be felt The International Monetary Fund (IMF) says it is optimistic the Akufo-Addo government’s debt...
The Trump administration's priority is boosting US growth through tax cuts and an overhaul of regulations, and a growing American economy will be good for the world, Treasury Secretary Steven Mnuchin...
The statement issued by the Ministry of Finance attempting to clarify issues surrounding the $2.25 billion bond fails to answer the fundamental questions that have been raised by Minority MPs,...
South African opposition parties, religious groups and civil society activists on Thursday launched a new alliance to try to force President Jacob Zuma to step down. Called the Freedom Movement and...
An Account Clerk with Adonteng Community Bank in the Eastern region has been charged with 98 count of offences for allegedly stealing bank deposits of 98 customers to the tune of Ghc182,303.63. The...
African Ministries from Democratic Republic of Congo (DRC), Botswana, Burkina Faso, Ethiopia, Gabon, Madagascar, Morocco, Rwanda and Zimbabwe have confirmed to attend the Africa Energy Forum (AEF)...
Susu collection is one of Ghana’s most ancient traditional banking systems. In the Akan language, the term ‘Susu’ means “small small” as to indicate the saving contribution paid on a daily...
The Ministry of Finance has described as “malicious”, allegations by the opposition National Democratic Congress (NDC) that the recent $2.25 billion domestic bond issued by government was...
Bankers have expressed satisfaction with the first 100 days of President Nana Addo Dankwa Akufo-Addo government, singling out the move to re-profile short term debt into longer ones as one of the...
The Bank of Ghana (BOG) has urged financial institutions and stakeholders within the industry to embrace regulatory requirements as they are key to a healthy financial sector. According to the BOG,...
The World Bank Group has launched XL Africa, a five-month business acceleration program designed to support the 20 most promising digital start-ups from Sub-Saharan Africa. Start-ups will receive...
The Ministry of Information has launched a national policy summit aimed at regularly informing the public on detailed government strategies on revamping the economy for sustained growth. The...
The bank was set up in 2012 to fund renewable energy projects The Green Investment Bank (GIB), set up by the UK government five years ago, has been sold to Macquarie Bank, with a value of £2.3bn....