Twelve labour unions have hinted they would embark on a nationwide strike starting Tuesday over the failure of government to pay their five percent Tier II pension deduction. National Association of...
Universal Merchant Bank (UMB Bank) has announced the introduction of three additional VISA cards to give its customers more options in carrying out their transactions. As one of Ghana’s most...
A wave of selling sweeping across bond markets resumed on Monday as investors continued to digest the impact of a Donald Trump presidency. US and European bond prices have sunk in expectation that he...
India's sudden move of scrapping currency notes of higher denominations to curb the menace of black money seems to be a nightmare for the country's poor and the middle class. Long queues of people...
The Chief Investment Strategist of Standard Chartered Bank Group, Steve Brice, has backed government’s recent decision to turn to the domestic capital market to raise capital by issuing its debut...
Open letter to SSNIT, NPRA and all contributors under Act 766 of 2008 It has been six years since the implementation of the Three Tier Pension Scheme Act 766 of 2008. When is Social Security and...
A new trend is emerging in the financial market, where an increasing number of borrowers and lenders prefer to use their holdings equities and debt securities such as shares, bonds and treasury bills...
Long queues continue outside banks and several ATMs have run out of cash in India, three days after 500 ($7) and 1,000 rupee notes were withdrawn as part of anti-corruption measures. The BBC visited...
Banks, offering mortgage loans, have blamed the general slowdown in economic activities and a weak purchasing power among Ghanaians, as reasons accounting for the decline in the demand for mortgage...
Universal Merchant Bank (UMB Bank) on Thursday, introduced three additional VISA Cards to give its customers more options in carrying out their transactions. The new VISA Cards are UMB VISA Prepaid...
Government has raised 438 million cedis ($110 million) worth of bids for its first 10-year domestic bond issued today at a cost of 19 percent. The bond which will mature in 2026 was also opened to...
Government’s decision to restructure Volta River Authority’s (VRA) debts has been well received by banks in the country which are hoping such arrangements will be made for other State-Owned...
People have queued up outside banks across India to exchange 500 and 1,000 rupee notes after they were withdrawn as part of anti-corruption measures. Indians will be able to exchange their old notes,...
New figures released by the Bank of Ghana (BoG) reveal demand for loans for house purchase by customers of banks have reduced despite an ease in credit access by commercial banks. Banks in July 2016...
The new financial stability report of the Bank of Ghana (BoG) has revealed that Ghanaian companies are still the biggest contributor of bad loans on the books of banks. According to the new report...
Price of gold have gone up globally as Donald Trump is elected the President Of the United States of America. Investors dumped risky assets for gold which is a safe haven asset after it became...
Indian Prime Minister Narendra Modi Tuesday announced the existing currency notes of 500 and 1,000 Indian rupees will be withdrawn from the country's financial system. According to Modi, the currency...
The Ministry of Finance (MoF) has assured Parliament of the Electricity Company of Ghana’s (ECG) capacity to repay the on-lend loan of US$ 60 million which is meant for the phase II of the Ghana...
The Ministry of Finance (MoF) has assured Parliament of the Electricity Company of Ghana’s (ECG) capacity to repay the on-lend loan of US$ 60 million which is meant for the phase II of the Ghana...
Total assets under the management of private pension funds have reached GH¢6.4billion as at September this year, Baba Jamal, Deputy Minister of Employment and Labour Relations has disclosed. The...