FMO, the Netherlands Development Finance Company and BIO, the Belgian Investment Company For Developing Countries, are providing continued support to the financial sector in Ghana with long-term...
A private legal practitioner has implored the 40 former Members of Parliament seeking some 10million cedis pension benefits from government, to let go their demands. The 40 former MPs, who served in...
A private legal practitioner has implored the 40 former Members of Parliament seeking some 10million cedis pension benefits from government, to let go their demands. The 40 former MPs, who served in...
NATIONAL Insurance Commission (NIC) has called for an amendment to the Insurance Act, 2006 (Act 724), to ensure that all government properties are insured. Per the Insurance Act 2006, as it exists...
Some financial institutions have begun moves aimed at getting more workers in the informal sector to enroll on pension schemes. According to some reports, about 70 percent of Ghana’s working force...
Some banks have given indication of cutting their interest rates to reflect the reduction in the policy rate by the Bank of Ghana. They explain that the move forms part of plans to reduce the plight...
Some banks have given indication of cutting their interest rates to reflect the reduction in the policy rate by the Bank of Ghana. They explain that the move forms part of plans to reduce the plight...
The Chief Executive Officer of the Private Enterprise Federation (PEF), Nana Osei Bonsu, has indicated that the recent policy rate cut may not necessarily translate into a reduction in interest rates...
The President of the Ghana Bankers Association, Mr Alhassan Andani, has called on the government to put in the right measures to address the depreciation of the local currency the cedis. He explained...
Banks have intensified their search for collaterals from businesses and loan applicants in a bid to reduce growing number of non-performing loans (NPLS) in the banking sector that had hit GH¢ 6.2...
Devastating earthquakes, floods, hailstorms and wildfires, along with man-made devastation, helped push global disaster costs to $175 billion (161 billion euros) last year, reinsurer Swiss Re said on...
Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has significantly reduced its key lending to commercial banks, the biggest cut in rate in almost 10 years. This represents a 200 basis...
Mr. Jerry Afolabi, an economist, has said the reduction in the policy rate announced by the Central Bank was laudable and will relieve business owners. The Monetary Policy Committee of the Bank of...
A former Member of Parliament for Bolgatanga Constituency, David Apasara, has defended the joint decision by some MPs to sue government over pensions owed them. David Apasara and thirty-nine other...
By Jerry. J.Afolabi As the normal principle of economics says, when a domestic currency depreciates it makes the prices of goods and services decline compared to the international prices. This causes...
Former Pimco co-founder and bond guru Bill Gross settled a wrongful termination and breach-of-contract suit against his ex-employer, the two parties said Monday in a joint statement released by...
The Bank of Ghana has fixed the country’s monetary policy rate at 23.5 per cent, indicating a 200 basis point reduction from the previous rate of 25.5 per cent. The new figure was announced Monday...
The Monetary Policy Committee of the Bank of Ghana has reduced the policy rate to 23.5 percent. This represents a 200 basis point reduction from the previous figure; 25.5 percent. Governor of the...
The Monetary Policy Committee (MPC) of the Bank of Ghana has reduced the Monetary Policy Rate by 200 basis points to 23.5 percent. At the 75th regular MPC meeting, Governor of the central Bank Dr....
The Monetary Policy Committee of the Bank of Ghana has reduced the policy rate to 23.5 percent. This represents a 200 basis point reduction from the previous figure; 25.5 percent. Governor of the...
