Some economists have backed the Bank of Ghana’s proposal to introduce economic capital requirement for banks as part of strategies to reform and strengthen the banking industry. Economic capital is...
Alibaba’s third-party payment platform Ant Financial tops the global ranking for the 100 best performing fintech companies. China’s financial technology (fintech) firms continue to lead...
The National Pensions Regulatory Authority (NPRA) has opened its second zonal office in Tamale after the first was established in Kumasi. A statement copied to the Ghana News Agency said the new...
Egypt's pound avoided the sharp drop that many had feared on its first day as a freely traded currency, but bankers said that was because years of dollar shortages had starved the market of...
Ghana Revenue Authority (GRA) in partnership with Ecobank and West Blue Consulting has launched an electronic card for the payment of customs duty as tax collector seeks to seal loopholes for tax...
Total assets under the management of private pension funds have reached GHC6.4 billion as at September this year, Baba Jamal, Deputy Minister of Employment and Labour Relations has disclosed. The...
Two international artistes from Nigeria have been invited to perform at the ‘Ghana + Peace Concert’ slated for November 19 at the Efua Sutherland Park in Accra. The artistes – Ngozi Orji, Dr...
The activities of speculators which cause the cedi to depreciate against some major trading currencies may have minimal impact on the currency as the elections approach. This is the position of some...
Ghana’s quest to reduce the almost 2 million housing deficit may take a long time as interest on mortgage loans continue to rise. According to latest average interest and Annual percentage report...
Rural and community banks (RCBs) have been urged to invest in safe government and Bank of Ghana (BOG) instruments to ensure strong liquid reserves position for effective financial intermediation. Mr....
Credit card users are being warned about rising interest rates and fees, which could add hundreds of pounds to a borrower's annual costs. Moneyfacts.co.uk said some card issuers had moved to offset...
The latest Annual Percentage Rates (APR) and Average Interests (AI) on deposits report released by the Bank of Ghana shows that the average minimum interest rates that can be charged on loans and...
A loan worth 60 million dollars being procured by the government of Ghana for the Electricity Company of Ghana has left Parliament divided again. The loan is to upgrade the distribution network of...
Minority in parliament has criticised the President Mahama led National Democratic Congress (NDC) government over a high interest loan facility being offered to the Electricity Company of Ghana...
Four loans sent to Parliament by government have been approved by the 275-member body. Parliament, which is expected to break on Thursday, November 3, 2016 for the December 7 polls is said to have...
Access Bank’s hopes of raising at least GH¢104million on the local capital market is a boost to investors who are always yearning for more securities to invest in. Many analysts have hailed the...
The management committee chairman of the Black Princesses has revealed that the management’s inability to secure visa for four players resulted in the failure to leave the shores of Ghana to...
Mr Carney has been attacked for his warnings,made before the referendum on European Union membership Mr Carney took over as Governor in June 2013 for an eight years term, but with an option to leave...
Local jewellery manufacturers are seemingly angst at what they call “unfair competition” from Chinese and Indian jewellery dealers in the country. The local jewellers claim the activities of the...
Criticisms have started pouring in at the recently launched GH¢100 million guarantee fund the central bank and other stakeholders launched to attract banks into lending more to agriculture. Known as...