Former UN Secretary General Kofi Annan has backed African governments’ use of fossil fuels – especially the continent’s large endowment of coal – to bridge Africa’s huge energy gap. In the...
The former minister of defence erstwhile President John Mahama's administration, Hon Benjamin Kunbuor has called for an early Congress to save NDC and blames the party's defeat on corruption....
Ghana has signed a framework agreement with the Republic of Korea for a concessional loan of $200 million. The fund, which will be disbursed from Korea’s Economic Development Cooperation Fund...
The International Monetary Fund(IMF) has told Citi Business News government has assured the fund of its commitment to implement the ECF programme and achieve stability despite the resignation of the...
Ghana came out of the market late Friday with 4.87 billion Ghana cedis (1.12 billion U. S. dollars) in two concurrent domestic market bonds. The lead arrangers-- Barclays Bank, Stanbic Bank and...
Venezuela's authorities have urged the Supreme Court to reconsider a ruling stripping congress of its powers, which critics have called a "coup". Speaking after a high-level meeting called to discuss...
New York's mayor pledged Friday to shut down the notorious Rikers Island prison, the city's main jail complex, in a process that will take at least 10 years. "We had to do a lot of work to figure out...
The Ministry of Finance (MoFEP) has commended Dr. Abdul-Nashiru Issahaku for his stewardship of the Central Bank from April 2016 when he assumed office. A statement issued yesterday and signed by Ken...
The International Monetary Fund called on Nigeria on Thursday to lift its remaining foreign exchange restrictions and scrap its system of multiple exchange rates to revive the country’s...
Nigeria's central bank has made moves to strengthen the naira currency to boost domestic manufacturing and lift the economy out of recession caused by the slump in global oil prices. But analysts...
GHANA’S major development partner, the International Monetary Fund (IMF) says it is unaware of government’s decision to push for an extension of the bailout programme. “We are not aware of the...
A Deputy Minister of Finance-designate and the Member of Parliament (MP) for Obuasi West, Kwaku Kwarteng, told the Appointments Committee of Parliament which vetted him yesterday, that the bold...
Iranian President Hassan Rouhani is credited with pulling the economy back from the brink, but less than two months before his re-election bid, has he done enough to convince voters? "This year was...
A Deputy Finance Minister nominee, Kwaku Kwarteng, has noted that the three-year International Monetary Fund (IMF) bailout programme, has taught the country a lesson that such programmes will not...
Ghana’s public debt has hit GH¢ 122.3billion representing 72.5% of GDP at the end of February 2017, according to the Bank of Ghana’s Summary of Economic and Financial Data released over the...
A lingering illness has led President Muhammadu Buhari to reduce his working day to a few hours since he returned from medical leave, slowing down the pace of economic reforms advanced in his...
The current public debt of GHC122.3 billion for-end-of last year could increase further when the final numbers are released Joy Business checks reveal. Although figures released by the central bank...
The Monetary Policy Committee (MPC) of the central bank is set to announce a new Monetary Policy Rate (MPR), on Monday March 27, 2017, with the prime objective of ensuring price stability and low...
The Monetary Policy Committee (MPC) of the central bank is set to announce a new Monetary Policy Rate (MPR), on Monday March 27, 2017, with the prime objective of ensuring price stability and low...
The Industrial and Commercial Workers Union (ICU) has implored government not to extend its Extended Credit Facility program with the IMF to December 2018. The ICU says the move could cause further...
