money

Business

Government Engages Banks On Cheap Credit

Government has begun informal talks with key financial institutions on how to reduce the cost of credit and make same...

Business

Ghana’s Inflation To Decline

Inflation will continue to fall in Ghana in 2017, following several years of extraordinarily high price growth, Fitch...

Headlines

US Household Debt In 2016 Posts Biggest Jump In A Decade

US household debt surged $460 billion last year, the biggest increase in 10 years, and has nearly returned to the peak...

Top Stories

PPP, CPP Kick Against Moves To Use Heritage Fund For Free SHS

Some political parties have kicked against Senior Minister Osafo-Maafo’s suggestion for government to consider using...

Business

Ghanaian Banks Face High Asset Risks, Despite Solid Capital Buffers

High asset risks pose the biggest challenges for banks in Ghana, says Moody's Investors Service in a report published...

Top Stories

Banks Minimize Lending Due To High NPLs

Citi Business News has gathered that banks in Ghana have reduced lending to the private sector due to the continuous...

Business

Heritage Fund Debate Builds Up

The decision by Nana Akufo-Addo’s administration to finance its flagship free Senior High School policy with...

International

US Actor Ashton Kutcher Urges End To Child Sexual Exploitation

Ashton Kutcher told the committee that he had seen things "that no person should ever see" US actor Ashton Kutcher...

Top Stories

Return On Investment of Ghana Heritage Fund Declines

Return on investment of Ghana’s Heritage Fund recorded a decline in the second half of 2016 as compared to the first...

Business

Norfund’s Arise Acquires 27.7% of CAL Bank

CAL Bank has assured that an acquisition of 27.7 percent stake in the bank by Arise Investment will further grow the...

International

UK Inflation Highest Since June 2014

Inflation has reached its highest rate for two-and-a-half years, mainly as a result of the rising price of fuel. Annual...

Top Stories

Be Transparent In Managing Oil Revenue – Duffuor

A former Finance Minister Dr. Kwabena Duffuor is urging Parliament to ensure transparency in the management of...

Business

SSNIT To Bail Housing Sector

The government has hinted of its intention to rely heavily on pension funds from the Social Security and National...

Business

Servicing Debt With 10% of GDP Unsustainable – Duffuor

The current trend where 10 per cent of Ghana’s Gross Domestic Product (GDP) is used in servicing the country’s debt...

Business

We’ll Pay Insurance Claims Soon – NHIA

The National Health Insurance Authority (NHIA) is collaborating with the Ministry of Health to release monies pay...

Top Stories

We’ll Pay Insurance Claims Soon

The National Health Insurance Authority (NHIA) is collaborating with the Ministry of Health to release monies pay...

Headlines

The Biggest Players Today On Wall Street? Algorithms

They are agnostic on market direction, but ubiquitous in markets. Firms like Goldman Sachs and Morgan Stanley may get...

Business

Arise B.V Acquires 27.7% Stake In CAL Bank As DPI Exits

CAL Bank Limited has announced that its second largest shareholder DPI has successfully sold its 27.7 percent stake in...

International

Aon To Sell Benefits Outsourcing To Blackstone For $4.3 Billion

They typically seek to sell ownership of such assets at a big profit a few years after they invest. Insurance broker...