money

News

Indebtedness To GWCL Hits GHC864 Million

The indebtedness of water consumers to the Ghana Water Company Limited (GWCL) has reached GHC846 million. Minister of...

News

Gov’t Will Engage Labour Unions Against Strike

Government is set to engage the 12 labour unions whose members – as announced by their leadership – have threatened...

News

Switzerland Company Says It Has NO Affiliations With Menzbanc

Swiss Gold Denies MenzGold: Latest reports reveal that Switzerland Gold Company, Swiss Gold Global has denied having...

News

10 Things You Never Knew About The African Gold Bank

MenzGold, a Ghana-based gold dealing company has been there for some years now. The organization however, started...

Headlines

China Orders Anbang To Sell Waldorf Astoria, Other Foreign Assets

China has ordered Anbang Insurance Group, the conglomerate which owns New York's historic Waldorf Astoria hotel, to...

Headlines

US Jury Deliberates In ‘Pharma Bro’ Shkreli Fraud Trial

A US jury was deliberating Monday on whether to convict Martin Shkreli, a former hedge fund manager and pharmaceutical...

News

Insurance Bakery–Some Tough Motor Claims

The general not-too-favourable perception about insurance seems to be taking longer to be minimised than expected. Many...

News

Capital Bank Starts Instant Interbank Transfers On ATM

Customers of Capital Bank now have the opportunity to transfer cash from the bank’s ATM to any other bank in Ghana...

Headlines

US Hails Indictment of Russian In Bitcoin Laundering

US officials Thursday hailed the arrest and indictment of a Russian accused of laundering billions of dollars through a...

Headlines

Fraud Trial of ‘Pharma Bro’ Shkreli Wraps Up In New York

Closing arguments got underway Thursday in the securities fraud trial of Martin Shkreli, a former hedge fund manager...

News

Fidelity Bank Launches Mobile App To Expand Banking Services

Fidelity Bank has launched a state-of-the art mobile app, which seeks to make banking even more convenient for...

News

Tigo Schools Mobile Money Agents On BoG Regulations

Team leads from Tigo Cash have engaged with agents at a nationwide retailer convention to explain the Bank of Ghana...

News

Economist Hopeful of Banks’ Response

Some economists are predicting that commercial banks across the country will soon reduce their interest rates. Figures...

Headlines

US Federal Reserve Keeps Benchmark Interest Rate Unchanged

The US Federal Reserve kept its benchmark interest rate unchanged on Wednesday but gave no clear signal about the...

News

Amend Insurance Laws For Mandatory Towing By Insurers

An Insurance Consultant, George Addae, has impressed is impressing on authorities to amend Ghana’s insurance laws to...

Headlines

US Fed To Meet Amid Weak Inflation

The US Federal Reserve was due to open a two-day monetary policy meeting on Tuesday but is widely expected to leave the...

News

Policy Rate Down To 21%

Monetary Policy Committee of the Bank of Ghana (BoG) has reduced the policy rate of June from 22.5 per cent to 21 per...

News

Policy Rate Pegged At 21%

Policy rate has been reduced to 21 per cent, thus a 150 basis point. This is the fourth time in the year that the...

News

BoG Reduces Policy Rate By 150 Basis Points

The Bank of Ghana has reduced its policy rate to 21 percent. The figure represents a 150 basis points reduction from...