Total bills and bonds auctioned this year, from January to October, by the government, Bank of Ghana, and COCOBOD including already issued longer-term bonds that matured this year, have hit...
FBNBank Ghana has scaled up its money transfer services with the introduction of TransFast Money, a global remittance service. Managing Director of the bank, Gbenga Odeyemi said the addition “is to...
Barclays bank has launched two credit cards as part of measures to improve service to its customers. According to bank, it launched the cards as a result of a survey it conducted to identify the...
Some bankers have ruled out huge layoffs of their human resource following the adoption of modern technologies in their operations. According to them, the job losses could largely be blamed on the...
The Social Security and National Insurance Trust SSNIT has said that plans are advanced for the rehabilitation of the Salaga Market and Rawlings Park in Accra. The plan, according to the Director...
Wholesalers and distributors are being encouraged to use the Instant Pay (GIP) for their transactions to ensure quick payment and delivery of goods particularly during this yuletide. The Instant Pay...
One of the critical service providers has blamed the funding crisis facing the National Health Insurance Scheme (NHIS) on mismanagement of funds meant for running the scheme. According to the...
SIC Insurance Company Limited has presented a cheque of GHC1,674,721.20 to Government of Ghana as a dividend for the year ending 2015. The amount represents 40% of total dividend payout to...
Zenefits, the human resources software company, has agreed to a $7 million fine as part of a settlement with California regulators after it was revealed that the company had helped employees to...
The President of McOttley Holdings, Richard Dugan, has stated that the key to organizational growth is strategic mentorship. Mr. Dugan was speaking in an interview after he was awarded as the Manager...
The start of the week saw the Monetary Policy Committee (MPC) of the Bank of Ghana announcing a reduction in the policy rate by 50 basis points to 25.5 per cent. Previously, the rate had held at 26...
The Auditor General is validating the pension of some labour unions in the country to enable their fund managers receive the monies on their behalf. The Finance Minister Seth Terkper confirmed this...
The Auditor General is validating the pension of some labour unions in the country to enable their fund managers receive the monies on their behalf. The Finance Minister Seth Tekper confirmed this in...
Data from the Bank of Ghana (BoG) indicates that Ghana’s public debt went up by GHC6.2billion between July and September, 2016. According to the summary of economic and financial data released by...
Government, on Monday November 21, 2016, transferred September Tier-2 pension monthly deductions to the custodian banks of Public Sector Occupational Pension Schemes. Consequently, the 12 labour...
The Industrial and Commercial Workers Union (ICU) has raised concerns over the need for the government to immediately take steps to prevent the country from its worsening debt situation. Figures from...
Some financial analysts are anticipating that the Bank of Ghana (BoG) will sustain the decision to reduce further, its policy rate to ease access to credit to businesses. According to them,...
Ghana’s total public debt stock, which stood at GH¢110 billion at the end of August, increased to GH¢112.4 billion at the end of September 2016, representing 67.4 percent of Gross Domestic...
Government has to seek an additional GH¢1.2 billion to be able to pay off all debts owed Bulk Oil Distribution Companies (BDCs) which, currently, is over GH¢2.2billion (GH¢2,263,610,424). This is...
Staff of universal banks will be denied their bonuses this year as rising Non- performing loans in the sector crossed GH¢6.1 billion for the seven months of the year. Several bank staff who spoke to...
