The Securities and Exchange Commission (SEC) has suspended the licence of EM Capital Partners Limited, an investment advisor, for breaching some provisions in the Securities Industry Act, 2016 (Act...
Ratings agency Fitch said Friday it had cut South Africa's credit rating to junk status, citing the recent political instability prompted by a controversial cabinet reshuffle. The agency downgraded...
Deputy Minority Leader, James Klutse Avedzie, has said that government’s decision to reduce aspects of the Energy Sector Levies will further delay the payment of the web of debt that entangles the...
Two former Barclays traders have been acquitted by a jury of conspiring to rig Libor, which is used to set interest rates. Ryan Reich, a 35-year-old American, and Greek national Stylianos...
Growth of currency outside banks reduced by 3.0 per cent to 16.2 per cent in January 2017, according to the latest Summary of Economic & Financial Data Report from the Bank of Ghana (BoG). The report...
Shareholders of CAL Bank will not receive dividends with respect to the 2016 financial year. “As a result of the reduced profitability and the need to preserve the capital base of the Bank and...
Ghana’s Central Bank could slash further its benchmark interest rate to as low as 17.50 per cent by the end of this year, investment firm, InvestCorp is predicting. With inflation trending...
India's central bank held interest rates on Thursday, in line with analysts' expectations, citing inflationary pressures from an imminent tax reform and the possibility of a poor monsoon. The Reserve...
The Bank of Ghana (BOG) is on a nationwide outreach program to educate Ghanaians about the security features on the new commemorative GHc 5 bank note in circulation. The program, dubbed,...
NSIA Insurance has organised a health walk for its staff members in Accra. Management of NSIA initiated the staff health walk to bring to the fore the importance of exercising and healthy living....
The odds of a breakup of the European Union have increased after Brexit, an outcome that could have "devastating" economic and political effects, JPMorgan Chase's chief executive said Tuesday....
Some economists have lauded government on the issuance of a historic 15-year bond, as part of measures to pay off some debts accrued from the issuance of short-term bonds by the previous government....
Some economists have lauded government on the issuance of a historic 15-year bond, as part of measures to pay off some debts accrued from the issuance of short term bonds by the previous government....
Hungary has passed a bill which could force an internationally respected university out of the country. The 199-seat parliament voted 123 to 38 in favour of the legislation, placing tough...
In a historic financial transaction by the Ministry of Finance, an amount of $2.25 billion has been raked in through the issuance of bonds. The ministry yesterday successfully issued 15 and 7-year...
The Ministry of Finance has raised a total of $1.13 billion through the issuance of 15 and 17 year bonds at the same coupon of 19.75%. In addition, the Ministry raised the cedi equivalent of USD1.12...
The Ministry of Finance has raised a total of $1.13 billion through the issuance of 15 ad 17 year bonds at the same coupon of 19.75%. In addition, the Ministry raised the cedi equivalent of USD1.12...
South Africa's credit rating has been cut to junk status by the ratings agency S&P Global. The agency said that political upheaval, including the recent sacking of finance minister Pravin Gordhan,...
The 2007 year group of St Thomas Aquinas Old Students Association (Old Toms) on Saturday April 1, presented a cheque for GHc5, 000 to Patrick Yeboah who has been left paralysed after being struck by...
Government has raised more than GH3.4 billion in the country‘s first 15-year bond as well as GH1.4 billion in another seven-year government paper that was also closed last Friday. The State is...
