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...
Kenya, a pioneer in mobile money, on Thursday began selling the first ever government bonds via mobile phone, allowing anyone from teachers to shop owners to invest and fund infrastructure projects....
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...
African leaders have been called upon to institute and implement pragmatic programmes that will positively reflect in the lives of their citizens. President Nana Addo Dankwa Akufo-Addo, who made the...
The Industrial and Commercial Workers Union (ICU) has asked government to provide details of its announced extension of the country’s programme with the International Monetary Fund (IMF). According...
Egypt on Monday received the second tranche of a $3-billion World Bank loan in support of the government's economic and social agenda, International Cooperation Minister Sahar Nasr said. In a...
German banking giant Deutsche Bank cut its bonuses by more than three-quarters last year, its annual report and accounts show. Bonuses were cut to 0.5bn euros (£433m) from 2.4bn euros a year...
Ghana's President Nana Akufo-Addo on Friday defended his controversial decision to appoint a 110-minister government, calling it a "necessary investment" in the small west African country. The new...
Finance Minister, Ken Ofori-Atta, says he is optimistic about achieving the macro-economic targets contained in this year’s budget statement. In the 2017 budget statement, which was approved by...
Professor Justice V. C. R. A. C. Crabbe, a retired Justice of the Supreme Court, has said Ghana must replace the support from the International Monetary Fund and donor partners with a strong sense of...
A letter has exploded and injured a person who opened it at the International Monetary Fund (IMF) office in Paris, security sources say. No further details about the incident were available...
A letter has exploded and injured a person who opened it at the International Monetary Fund (IMF) office in Paris, security sources say. No further details about the incident were available...
Ghana's economy is expected to grow by 6.3 per cent in 2017, compared to 3.8 per cent growth rate realised in 2016, ratings agency Fitch’s subsidiary BMI has affirmed. According to BMI, “while...
Parliament on Wednesday approved the budget statement and economic policy for the 2017 financial year after six days of fierce debate on it between the Majority and Minority sides. The budget which...
Over 200 trainee nurses have besieged the premises of the Health Ministry demanding the suspension of a freeze on hiring. The chanting nurses who came from different parts of the country for the...
Economist, Dr. Eric Osei-Assibey has cautioned government not to be tempted to go in for the 5 percent budget deficit financing from the Bank of Ghana (BoG). According to him, even though there is a...
Economist, Dr. Eric Osei-Assibey has cautioned government not to be tempted to go in for the 5 percent budget deficit financing from the Bank of Ghana (BoG). According to him, even though there is a...
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...
Ghana’s currency, the Cedi is likely to record high levels of depreciation during the year if the government does not clearly come out with a policy to manage the situation. In January the Cedi...
The Managing Director of FirstBanC financial services, Mr. Amenyo Setordzie has observed that although the wide-ranging tax cuts could place the government’s fiscal position under pressure, the...