Cocoa Sector To Get US$2bn Boost
Ghana’s incoming government could give the country's $2 billion cocoa industry a boost if it installs a more transparent executive at industry regulator Cocobod and implements reforms, industry...
Tag: finance
Ghana Is Not Living From Hand To Mouth
As the Nana Akufo Addo administration prepares to come into office, Finance Minister Seth Terkper has insisted that Ghana is not broke since the nation has enough funds in stock to consolidate the...
‘Ghana Is Not Living From Hand To Mouth’- Terkper
As the Nana Akufo Addo administration prepares to come into office, Finance Minister Seth Terkper has insisted that Ghana is not broke since the nation has enough funds in stock to consolidate the...
A Good Project, But Bad Investment?
Keta is a low-lying coastal town along the Gulf of Guinea. It used to be one of the biggest commercial centers between the city of Accra, in the Gold Coast, and Lagos in Nigeria. It attracted...
SSNIT Shoots Down Imminent Collapse Claims
The Social Security and National Insurance Trust (SSNIT) has dismissed reports that the fund faces imminent collapse over concerns of operational challenges. According to the pensions’ scheme, it...
Pink Sheeting An African Election
By the time Charlotte “lip gloss” Osei, Ghana's electoral Commissioner conceded defeat to the NPP and Nana Addo Danquah Akufo Addo on Friday the 9th of December, we already knew what the results...
ADB Lists On Ghana Stock Exchange, Begins Trading
The Agricultural Development Bank (ADB) has officially listed on the Ghana Stock Exchange following the successful completion of its Initial Public Offer (IPO) on December 5. The bank’s listing...
Second Round of Payment Is Christmas Gift
The second round of payment of the outstanding claims for over 41, 000 depositors of DKM Diamond Microfinance Company started yesterday, Monday, December 19, 2016. This follows the completion of...
BEIGE Capital Secures Medium Term Funds From INCOFIN
BEIGE Capital Savings and Loans (BCSL) has secured a medium term funding arrangement with INCOFIN, a Belgium based Investment Management Firm. INCOFIN Investment Management (INCOFIN IM) is a Belgium...
ADB Shares Record Significant Appreciation On Ghana Stock Exchange
Agricultural Development Bank (ADB) has started reaping some of the benefits that come with listing on the Ghana Stock Exchange. It shares price witnessed some significant gains post listing on the...
Italy Seeks €20bn For Banks As Monte Dei Paschi Flounders
The Italian government will seek parliamentary approval to borrow up to €20bn (£17bn) to support its fragile banking sector and potentially rescue Monte dei Paschi di Siena. The country's...
IMF’s Lagarde Convicted Over Payout
A French court has found International Monetary Fund chief Christine Lagarde guilty of negligence but did not hand down any punishment. As French finance minister in 2008, she approved an award of...
ADB Attributes Rise In Share Price To Investor Confidence
The Agricultural Development Bank (ADB) has attributed the significant performance of the bank’s share price to investor confidence in the banking stock. As at close of trading on Monday, December...
ADB Attributes Rise In Share Price To Investor Confidence
The Agricultural Development Bank (ADB) has attributed the significant performance of the bank’s share price to investor confidence in the banking stock. As at close of trading on Monday, December...
IMF Chief Convicted Over Payout
play videoMs Lagarde said earlier that the trial had put her and her family through a As French finance minister in 2008, she approved an award of €404m ($429m; £340m) to businessman Bernard Tapie...
IMF Chief Christine Lagarde Convicted Over Payout
A French court has found International Monetary Fund chief Christine Lagarde guilty of negligence but did not hand down any punishment. As French finance minister in 2008, she approved an award of...
BEIGE Capital Secures Medium Term Funds From Beligum-Based Firm
BEIGE Capital Savings and Loans (BCSL) has secured a medium term funding arrangement with INCOFIN, a Belgium based Investment Management Firm. INCOFIN Investment Management (INCOFIN IM) is a Belgium...
Ken Ofori-Atta Likely To Be Appointed Finance Minister
Joy business is reliably informed that the co-founder of Databank Financial Services, Ken Ofori-Atta is expected to be named as Finance Minister in the incoming government. Sources say one of the...
NDC Setting Traps For Nana Addo To Fail
Michael Omari Wadie, a former constituency chairman for the New Patriotic Party (NPP) in the West Wuogon constituency of the Greater Accra region has alleged that government is setting a trap for the...
Ukraine’s Largest Bank Rescued By State, Prompts Call For Calm
Ukraine took over its largest bank on Monday in a move backed by Kiev's international donors to protect the country's financial system and accompanied by an appeal for calm and assurances to...