Ghana discovered oil in commercial quantities offshore along the Cape Three Points in the Western Region in 2007 after years of prospecting. Production in the Jubilee Field started with 80,000...
Waste management company, Zoomlion Ghana Limited, has denied allegations it is engaged in a corrupt scheme with government to siphon over GHc 448 million for its management of the Youth Employment...
Receiving the award on behalf of the bank, UMB Bank’s Director of Marketing and Communications, Ms. Yvonne Botchey, dedicated the award to the bank’s cherished customers and expressed her...
The Mahama government is accused of effectively “stealing” $300 million from state coffers as they face their electoral fate in two weeks’ time at the December 7 presidential and parliamentary...
Banks borrowing from each other or the central bank, otherwise known as repurchase agreements or repos, has hit GH¢145.7 billion in November 2016, which is a 451 per cent increase from the GH¢26.4...
Unilever has appointed new persons to its board following the resignation of four of its board members in October and November 2016. Mr. Moses B. Amao resigned as the Customer Development Director of...
There is currently heightened tension in ARB Apex Bank, “Central Bank” for all Rural and Community Banks” (RCBs) in Ghana, relating to the likely renewal of the appointment of its Managing...
Ghana’s total public debt has hit 112.4 billion cedis equivalent to 28.3 billion dollars, as at September 2016. The figure represents about 14 percent increase from the 98.8 billion cedis recorded...
The country’s debt stock has reached GH¢112.4 billion as at September this year a summary of economic and financial data released by the Bank of Ghana (BoG) has revealed. This came to the fore...
The Managing Director of SIC Insurance Company Limited, Mr Kwei Mensah Ashidam, has commenced his terminal leave prior to retirement effective November 1, 2016, after over 30 years of service to the...
Mexican President Enrique Pena Nieto's approval rating has slumped to a new low since Donald Trump won the U. S. presidency last week, in part due to his invitation of the real estate tycoon to...
The Ghana Stock Exchange (GSE) is impressing on companies to utilize the Ghana Fixed Income Market (GFIM) to raise funds for their operations. According to the managers of the GSE, the ready market...
The Oxford Business Group (OBG) is organising an African Investment and Business forum from 3rd to 5th December at the Accra International Conference Centre. The global publishing firm, OBG will be a...
Over the past six years, banks have increased their appetite for funds from overnight lending and placements which they source under repurchase agreements (REPOS) as an alternative but less costly...
“Africa will write its own history, and it will be, to the north and to the south of the Sahara, a history of glory and dignity (Patrice Lumumba). ‘The world is at critical juncture, and so are...
The second West Africa Property Investment Summit (WAPI Summit) has ended in Accra with a call on stakeholders to invest in other countries in the sub region. This two-day conference provided a deep...
Mexico just showed the first signs of its "contingency plan" to weather a Donald Trump presidency. To save the suffering Mexican peso, the central bank, known as Banxico, raised its key interest rate...
A former Finance Minister, Kwame Peprah has dismissed the overly ambitious and vote grabbing promise by the New Patriotic Party (NPP) to the effect that they would create a factory in every district...
IT appears government has no money to pay six years accumulated tier-two pension money owed public sector workers. An emergency meeting summoned at Flagstaff House yesterday by President John Dramani...
Investors resumed the post-U. S. election trade of selling bonds and buying stocks on Wednesday after a pause earlier this week, albeit less aggressively, with Japan's 10-year bond yield hitting its...
