The Governor of the Bank of Ghana (BoG), Dr Abdul Nashiru Issahaku, has given the strongest indication that with the debt owed to commercial bank by the Volta River Authority (VRA) now partly...
McOttley Unit Trust (McTrust), a product of McOttley Capital Limited and an investment company from the McOttley group of companies, was adjudged the Best Balance Fund in 2015 among about 16 other...
Failure to pay electricity, water and telephone bills could now land Kenyans on the list of defaulters at the credit reference bureau and deny them access to loans. The noose is tightening on bad...
“Any life is important and must be saved no matter the cost, that is what the Bible is demanding from us,” said Joseph Mensah asking his daughter to bring him pounded Fufu and Light Soup as he...
A French appeals court has slashed the amount of damages due to be paid by rogue trader Jerome Kerviel to €1m ($1.12m; £860,00). Kerviel had been ordered to pay back the €4.9bn of losses his...
The Bank of Ghana is to soon come out with revised regulations on Ghana’s mobile financial service sector. It follows what the central bank views as the significant contribution of the current...
The Oasis Africa Venture Capital Fund (OAF) has been recapitalised to US$27 million with the support of new funds from three institutions. The recapitalisation is the second phase of OAF, which...
The Ghana Cocoa Board (Cocobod) will pay more for it's annual cocoa loan this year than it did for the US$1.8 billion it took from the international finance market last year. Although the board is...
The Deputy Director-General in charge of Legal at the Securities and Exchange Commission (SEC), Mr Alexander Williams, says the Securities Exchange Bill is set to enhance the development of the...
Franklin Cudjoe is founding President and CEO of IMANI Center for Policy By Dade Afre Akufu On Saturday September 17, 2016, a dear friend M. Kwadwo Nyamba came to the defense of the “good” work...
The stability of the Ghana cedi against the major foreign currencies, particularly the United States dollar, is expected to be sustained into the future in what is expected to bring a big relief to...
Telecom operators have told Citi Business News there have been less challenges with the payment of second quarter interests on mobile money accounts. The second tranche of interest payments, begun on...
The Monetary Policy Committee (MPC) of the central bank has said it is undisturbed by perceived inflationary pressures which the Statistical Service said could result from traders hiking prices ahead...
The governor of the Bank of Ghana (BoG) Dr. Abdul Nashir Issahaku has described as worrying the country’s current average lending rate which is hovering around 33 percent. According to the Dr....
The chairman of the Monetary Policy Committee of the Bank of Ghana (BoG), Dr. Abdul-Nashiru Issahaku, has expressed worry over the current level of inflation, warning that it is still high compared...
The Monetary Policy Committee of the Bank of Ghana has once again maintained its policy rate at 26 percent. This was arrived at the 72nd meeting of the committee after monitoring development of the...
The average lending rate of banks has hit 33 percent as at the end of August this year, the highest since 2003, the latest central bank’s macroeconomic and financial data has shown. This is a...
The average lending rate of banks has hit 33 percent as at the end of August this year, the highest since 2003, the latest central bank’s macroeconomic and financial data has shown. This is a...
Information gathered by Citi Business News indicates that government has commenced meetings with local investors to raise its first dollar denominated bond locally. The Finance Minister, Seth Terkper...
The Securities and Exchange Commission (SEC) has given indication some multinational companies have initiated processes to list on the Ghana Stock Exchange (GSE), from next year. It comes on the back...
