British bank Barclays, whose chief executive faces a regulatory probe, said Friday that first-quarter net profits sank by more than half on a large impairment at its Africa division. Profit after...
More people continue to use e-zwich leading to an impressive growth in patronage by over 170 per cent in the first three months of this year compared to the same period last year. The Ghana Interbank...
The First Deputy Speaker of Parliament, Mr. Joseph Osei Owusu has slammed the UK High Commissioner to Ghana, Jon Benjamin over the latter’s decision to expose four Ghananain MPs for alleged visa...
The past decade has brought huge innovation to the lending industry. Companies like LendingClub, OnDeck, Kabbage and Fundera made online lending platforms a standard. Each of these companies enables...
Banks are optimistic of significant improvement in their non-performing loan portfolios as government initiates moves to clear all outstanding debts owed them. The assurance comes on the back of...
Banks total provision for the first two months still remained high, according to the latest Banking Sector Report. Commercial banks in Ghana made a provision for bad debt of GH¢175 million at the...
The overzealousness on the part of some state institutions to please legislator, Kennedy Agyapong, has yet again brought another embarrassment for the four month old Akufo-Addo administration as his...
Some persons out of the four Members of Parliament accused of engaging in visa offences have confronted the former British High Commissioner for the United Kingdom, Jon Benjamin to register their...
Two of the four Members of Parliament named in the UK visa fraud allegation are angry with the reports and have turned to their lawyers for advice. One of them, Richard Acheampong who is MP for Bia...
The EU is taking legal action against Hungary over an education law that could close a prestigious university founded by billionaire George Soros. EU Commission Vice-President Valdis Dombrovskis said...
The former Member of Parliament for Asunafo South George Boakye said Wednesday that he is prepared to beg the UK High Commission in Ghana to suspend its decision to bar him from acquiring a UK visa...
The Bank of Ghana (BoG) has appealed to importers who trade from other countries apart from the United States to trade in currencies of the country of importation to free the pressure on the dollar....
Australia's annual inflation rate has moved back into the central bank's target range for the first time in more than two years, data showed Wednesday, all but ruling out more interest rate cuts....
The entire Wells Fargo board of directors was reelected Tuesday after a bruising, rowdy annual meeting where shareholders castigated the bank's leadership over a fake accounts scandal that severely...
The country missed a novel opportunity to invest portions of its pension funds in medium to long term instruments, the Managing Director of FirstBanC Financial Services, Mr Amenyo Setordzie, has...
Finance minister Ken Ofori-Atta has refuted claims that the government is rushing to end the International Monetary Fund (IMF) bailout programme due to borrowing restrictions. Government entered into...
Ningo-Prampram MP, Sam George says accounts on which businessman Ibrahim Mahama issued cheques to the GRA were not closed as claimed by the Authority. According to him, the said accounts may have...
Finance minister Ken Ofori-Atta has refuted claims that the government is rushing to end the International Monetary Fund (IMF) bailout programme due to borrowing restrictions. Government entered into...
The Ghana Revenue Authority (GRA) has indicated that it will auction Ibrahim Mahama’s properties to retrieve monies owed it if he fails to honour his part of the bargain with the Authority....
The Ministry of Finance, through the book building process, recently issued 7- and 15-year bonds at a coupon rate of 19.75%. The bonds were oversubscribed with international investment firm Franklin...
