US students' debt burden is soaring, creating a barrier to home ownership and economic mobility as well as a potential drag on consumer spending, a senior Federal Reserve policymaker said Monday. The...
The Association of Ghana Industries (AGI) has called on the Bank of Ghana (BoG) to consider enhancing its yuan trading capacities in order to provide an alternative to the dollar to importers who do...
Chief Executive Officer (CEO) of Gold Coast Financial Holding, Mr. Kwame Ofori Asomaning, has emphatically stated that ‘Ghana’s debt is no debt at all.’ According to him, so far as government...
The economy of Ghana is still developing and the need for export earnings to support national expenditure which is substantially denominated in convertible currency is so overwhelming. The unbridled...
The Minister of Finance has set up a committee to address concerns associated with government’s new policy on placing a cap on the internally generated funds of some ministries, departments and...
Ghana is to receive between 1.1 to 1.2 billion dollars in credit from the World Bank Group at least within the next three years. The facility forms part of the World Bank’s 75 billion dollars...
Ghana is to receive between 1.1 to 1.2 billion dollars in credit from the World Bank Group at least within the next three years. The facility forms part of the World Bank’s 75 billion dollars...
A United States of America citizen, who is falsely parading himself as United Nations (UN) Ambassador in Ghana, is in court to defend the sources of over GH¢1.5 million he received in various...
To emphasize on the strength of currencies, here is a list of the seven strongest African currencies… Currency is the unit of exchange of either good or services generally accepted in a country....
In an internationally coordinated investigation, authorities in five countries searched offices of Swiss banking giant Credit Suisse. Prosecutors are investigating tax evasion by the bank's clients....
Old Mutual Ghana, a corporate trustee and pension administrator has launched a new product called the Old Mutual Pensions Trust Ghana Limited. The Old Mutual Pensions Trust Company is a master...
The Sirius Opportunity Fund (SOF), an open-ended money market mutual fund, has held a two-day investment clinic as part of its financial inclusion and literacy in the country. The SOF, licensed by...
The Minister of Trade and Industry, Alan Kyeremateng, has urged private sector operators to team up with government to execute the country’s development agenda of one district one factory. The...
Panama has a new tourist attraction: the building hosting the offices of the Mossack Fonseca law firm at the heart of the Panama Papers scandal. That is why, workers there say, the sign announcing...
The public is being encouraged to ask for Direct Debit services from their banks or service providers and use it for payments that they make repetitively. This is to enable them to enjoy the...
The Minister for Monitoring and Evaluation, Dr. Anthony Akoto Osei has told Citi Business News the Bank of Ghana Governor’s decision to resign could be largely attributed to the difference in...
The public is being encouraged to ask for Direct Debit services from their banks or service providers and use it for frequent payments. This is to enable them to enjoy the convenience that comes with...
Citi Business News has gathered his resignation takes effect from the 1st of April, 2017. It’s unclear what led to his resignation but the Governor is reported to have cited personal reasons for...
Santander will pay about $26 million to settle charges it engaged in predatory subprime auto lending and loan securitization in the US states of Massachusetts and Delaware. Santander Consumer USA, a...
A US central banker said on Wednesday he favors four increases in the key interest rate this year, one more than projected by the majority of Federal Reserve policymakers. Boston Federal Reserve Bank...