Reports reveal that Mahama has venture into a false security infrastructure deal worth a whopping $300 million! The Mahama government is accused of effectively “stealing” $300 million from state...
Ghana's national currency, the cedi is on the brink of completing a record-breaking year, and even the currency analysts that have spent most of the year predicting an end to its new found stability,...
The Mahama government is accused of effectively “stealing” $300 million from state coffers as they face their electoral fate in two weeks’ time at the December 7 presidential and parliamentary...
Banks borrowing from each other or the central bank, otherwise known as repurchase agreements or repos, has hit GH¢145.7 billion in November 2016, which is a 451 per cent increase from the GH¢26.4...
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has reduced the policy rate by 50 basis point to 25.5 percent after holding it at 26 percent for months. The policy rate, which is the...
Ghana’s total public debt has hit 112.4 billion cedis equivalent to 28.3 billion dollars, as at September 2016. The figure represents about 14 percent increase from the 98.8 billion cedis recorded...
There is growing expectation on the Bank of Ghana (BoG) to announce a reduction in the policy rate as the governor prepares to publish results of the Monetary Policy Committee meeting later this...
The country’s debt stock has reached GH¢112.4 billion as at September this year a summary of economic and financial data released by the Bank of Ghana (BoG) has revealed. This came to the fore...
The Managing Director of SIC Insurance Company Limited, Mr Kwei Mensah Ashidam, has commenced his terminal leave prior to retirement effective November 1, 2016, after over 30 years of service to the...
The Ghana Stock Exchange (GSE) is impressing on companies to utilize the Ghana Fixed Income Market (GFIM) to raise funds for their operations. According to the managers of the GSE, the ready market...
Over the past six years, banks have increased their appetite for funds from overnight lending and placements which they source under repurchase agreements (REPOS) as an alternative but less costly...
IT appears government has no money to pay six years accumulated tier-two pension money owed public sector workers. An emergency meeting summoned at Flagstaff House yesterday by President John Dramani...
Investors resumed the post-U. S. election trade of selling bonds and buying stocks on Wednesday after a pause earlier this week, albeit less aggressively, with Japan's 10-year bond yield hitting its...
Government’s consistent lowering of the cap on the Ghana Stabilisation Fund (GSF) could ultimately defeat the purpose for which the Fund was set up, with monies in the Fund expected to reach an...
The Finance Minister, Mr Seth Terkper, has defended the government’s decision to raise a GH¢438-million bond at a rate of 19 per cent, explaining that interest on the 10-year loan is the second...
The Minister of Finance Seth Terpker has disclosed that the government will soon complete the payment of the country’s first 750 million dollar Eurobond which was issued in 2007. According to Seth...
Government’s consistent lowering of the cap on the Ghana Stabilisation Fund (GSF) could ultimately defeat the purpose for which the Fund was set up, with monies in the Fund expected to reach an...
The President of Ghana John Dramani Mahama has hinted of moves to consider capping interest rates in the country. According to the President the high cost of doing business complained about by...
Records from the Ghana Chamber of Telecommunications indicate mobile money wallets have grown 420 percent from an estimated 2.5million in 2011 to over 13 million currently. Over the same period, the...
Gold futures on the COMEX division of the New York Mercantile Exchange fell on Monday as the U. S. dollar showed extensive strength. The most active gold contract for December delivery fell 2.6 U. S....
