The President of Groupe Ideal, Nii Kotei Dzani, has called on the Bank of Ghana (BoG) to sanitise the operations of financial institutions in the country. According to him, the financial sector was...
Millions of vulnerable South Africans risk missing out on vital social security payments from next month in a scandal over a government contract, as the BBC's Milton Nkosi reports. "I'm extremely...
The average interest offered by banks on customer deposits has dropped by about 2.5 percent between January and February this year. The figure declined from 11.9 percent as at end of January 2017 to...
A company owned by the family of President Donald Trump's son-in-law, Jared Kushner, is set to receive more than $400 million from a Chinese firm that is investing in its Manhattan office tower,...
A sculpture of a courageous young girl installed temporarily in New York to champion gender diversity is so popular that thousands of people have signed a petition demanding it remain permanently....
After two months in office, the New Patriotic Party has demonstrated that, like the National Democratic Congress, it does not wield the magic wand to solve Ghana’s problems, the Progressive...
The Bank of Ghana has, today, released its latest data on Annual Percentage Rates (APR) of interest charged on loans and credit advances and the Average Interest (AI) paid on deposits by banks. The...
For some millennial investors, loyalty to one of their favorite apps matters more than financial details in the case of Snap Inc (SNAP. N). The stock of Snapchat's parent company has been on a...
An event-packed week for global markets got underway on Monday with stocks steady and the dollar recovering from a three-day fall as investors braced for a potential interest rate hike in the United...
On the Ghana Stock Exchange (GSE,) trading activity in terms of volumes on the stock market decreased by 8.09% in the week under review as volumes of shares traded scaled down by 3,292,577. Further,...
HSBC has appointed Mark Tucker, the chief executive of Asian insurer AIA, as group chairman. Mr Tucker will take over on 1 October, succeeding Douglas Flint who has been in the role since 2010. The...
Hebron Fin Investments, a company that trades foreign currencies online, has debunked claims by the central bank that it is operating illegally, saying the Foreign Exchange Act does not cover online...
In a world where the chase for international capital has become like a rat-race, multi-national companies seem to be having a field day by playing games with the economies of developing countries...
IN his bid to fight corruption, and also make it unattractive to public office holders, President Nana Addo Dankwa Akufo-Addo in his maiden budget to the nation through his finance minister, Mr. Ken...
The decision has been made by the government and Central Bank of Iceland Iceland will lift all capital controls on its citizens, businesses and pension funds from Tuesday. Capital controls, such as...
The Ghana Economic Outlook and Business Strategy (EOBS) conference is scheduled to take place on March 22 this year. The annual event will be held on the theme: “Unlocking Ghana's Economic...
Kadhim Flayeh taps three fingers on his watch. It's the sign for kick-off: one of Iraq's top football coaches has lost his voice. Cancer forced the 57-year-old to have his larynx removed last year,...
The US Federal Reserve this week is poised to raise its benchmark interest rate amid burgeoning job growth and a surge of market optimism since President Donald Trump took office. Central bankers on...
Kenya’s stock market, which is the biggest in East Africa, has seen its fortunes turn negative with the decline dragging valuations to the weakest since 2009. Domestic investors are favouring bonds...
The United Bank for Africa (UBA), in partnership with MasterCard, has launched the UBA MasterCard that allows customers to do transactions at Automated Teller Machines (ATMs), pay for goods and...
