Government has raised a total of 96.4 million dollars in its first local dollar denominated bond at a rate of 6.0 percent. Total bids were 99.6 million dollars but government accepted 96.4 million...
The Chief Executive Officer of Progeny Ventures, and Executive Chairman of Global Access, Dr. Kofi Amoah, has called for a public policy that mandates commercial banks to commit a specific percentage...
The country’s industrial sector is in a dire situation as figures from the Ghana Statistical Service (GSS) show that it recorded a -5percent growth in the second quarter, reflecting the draining...
Controversial movie producer Socrate Sarfo has described president Mahama’s plan to create fund for aging artistes should he win this year’s general election as a wrong move. The flag bearer for...
Ghana’s debt to GDP ratio could hit the 70 percent threshold if the base rate for calculating the figure, is adjusted to reflect current growth targets. This is the indication from economist, Dr....
Ghana's current policy rate set by the Bank of Ghana is 26 per cent. Such a rate may be considered to be too high given the current state of the economy, with economic growth for 2015 recorded at...
In an election year, many expected Ghana’s economy to completely wither; past events have shown that the power and extravagance of the incumbent tend to impose difficulties on the economy in an...
Government’s efforts to address the debt position of four key state-owned enterprises in the energy sector has left the International Monetary Fund (IMF) flummoxed as to how the debt restructuring...
The Ghana Mental Health Authority has warned that a project it initiated to take six thousand mentally ill patients off the streets of the country is in limbo. This is because the authority is cash...
South Korean tech giant Samsung has permanently ceased production of its high-end Galaxy Note 7 smartphones after reports of devices it had deemed safe catching fire. The firm had already reduced...
South Africa's Finance Minister Pravin Gordhan says he’s been ordered to appear in court on 2 November in relation to the establishment of a tax service surveillance unit set up a decade ago when...
South Korean tech giant Samsung has urged owners of the Galaxy Note 7 to turn off its high-end smartphone while it investigates new reports of the device catching fire. The firm also said it would...
The subscription period ends Thursday, October 13, 2016, but the first ever USD-denominated domestic bond issued by government and targeted at investors resident in Ghana and Ghanaians abroad, has...
A former finance minister, Professor Kwesi Botchwey, has urged the Bank of Ghana (BoG) to come up with a stable policy framework to help the banks get the necessary guidance in their operations. He...
The Minister of Employment and Labour Relations Haruna Iddrisu is questioning the intellectual honesty of vice presidential candidate of the New Patriotic Party (NPP) Dr Mahamudu Bawumia on a promise...
Some customers of DKM Microfinance in the Northern regional capital, Tamale, are seeking to place an interlocutory injunction on the payments of depositor claims scheduled for next week Monday,...
The World Bank President says he does not think Ghana and other African countries with high debt levels are at risk of falling into debt distress or “Highly Indebted Poor Country (HIPC)”...
World Bank, others to release $1.3bn for Nigeria’s development bank In line with its determination to revive the Nigerian economy, the federal government yesterday revealed that the Development...
The recent affirmation of the Government of Ghana's issuer and senior unsecured rating at B3 and change in the country's economic outlook to stable from negative by international rating agency,...
The continuous disruption of gas supply to the Volta River Authority (VRA) could further hamper ability of the main power generator and supplier to pay its mounting debts, says Mr Emmanuel Armah-Kofi...
