money

News

Bawumia Charges Board

The Vice President Mahmmud Bawumia has charged the newly constituted Board of Directors of the National Health...

News

South Africa’s Sanlam Offloads Shares In Enterprise Group

Enterprise Group Limited (Enterprise Group) has informed the Ghana Stock Exchange that South Africa’s largest insurer...

News

The Slow-Motion Killer In the Banking System

There are growing concerns that the rising non-performing loan (NPLs) on the books of some banks in Ghana threatens...

Headlines

Big Investor Payouts Seen At US Banking Giants

As they await this week's stress test results, US banks face a dilemma their European counterparts can only dream of:...

News

LeapFrog Acquires Minority Stake In Enterprise Group

Black Star Holding Limited (BSHL), a wholly owned subsidiary of LeapFrog Strategic African Investment (LSAI), has...

News

Bad Bank Loans Hit SSNIT

Social Security and National Insurance Trust (SSNIT) is suffering from the knock-on effect of loans gone bad in the...

News

PIAC Seeks Insurance Against Volatile Oil Prices

Public Interest and Accountability Committee (PIAC) wants government to consider hedging a portion of Ghana’s share...

News

Why Commercial Banks’ Minimum Lending Rates Do Not Drop At the Same Pace As BoG’s MPR Cut

The Bank of Ghana’s Monetary Policy Rate (MPR) has been lowered by 350 basis points from 26% in January to 22.5%....

News

Tighten Security On Money Laundering

Bank of Ghana (BoG) has warned financial institutions in the country to tighten their security system to check money...

Headlines

US Could Ease Some Post-Crisis Regulation

"There is little doubt that the US financial system is stronger today than it was a decade ago," Jerome Powell said in...

News

‘Falling Interest Rates Good For Financial Inclusion’

The steady interest rate decline in recent months, with a corresponding reduction in lending rates, augurs well for...

Headlines

10 Years After US Housing Crash, Remnants Accompany Recovery

Boarded-up homes became a ubiquitous symbol of the US housing crash, with once-prosperous neighborhoods left to decay...

News

Banks’ Loans To Private Sector Increase By 45% In April – BoG Report

Banks have begun easing out their stance on credit to the private sector following declining interest rates. The Bank...

News

Financial Markets: Capital Vs. Money Markets

A financial market is a market that brings buyers and sellers together to trade in financial assets such as stocks,...

Headlines

Global Stocks Gain As Macron Win Boosts Sentiment

European stock markets rose on Monday and US equities ended at records as traders cheered a strong victory for French...

News

Lower Pra Rural Bank Limited Make More Gains

The Lower Pra Rural Bank has increased its total deposit from GH¢56 million in 2015 to GH¢64 million in 2016...

Business

May Inflation Drops To Lowest In 3 Yrs

Inflation for the month of May 2017 dropped marginally to 12.6 per cent as against the 13 per cent recorded in April...

Business

Government Urged To Insure ‘planting For Food and Jobs’ Project

he planting for food and jobs program is an initiative by the Ministry of food and Agriculture. The Ghana Agriculture...

News

Effect of Policy Rate Cut By BoG On Banking Industry

Central Banks use monetary policy rates as the benchmark for charging interest on loans and advances to commercial...