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Gov’t sure of economic growth after review 26 Aug 2013 | 03:44 pm
The government is upbeat about the growth prospects of the economy because of the various economic measures it is implementing. Already, the services and the agricultural sectors have recorded positiv...
Rural banks might be attractive to perpetrators of money laundering – BoG 26 Aug 2013 | 03:38 pm
The Bank of Ghana (BoG) has stated that money laundering and terrorist financing have become herculean challenges in the country’s economy, particularly in the banking sector. The Assistant Director a...
No agreement covers BoG loan to GCB 26 Aug 2013 | 03:34 pm
A $75-million loan granted by the Bank of Ghana (BoG) to the Ghana Commercial Bank (GCB) in 2009 without any valid contractual agreement became the topic for discussion at last Friday’s sitting of the...
Reserves to help tame inflation 26 Aug 2013 | 03:33 pm
The country’s external reserves rose from $4.9 billion in July this year to $5.7 billion as of August 20, 2013, at the back of inflows from COCOBOD syndicated loans and the US$1 billion proceeds for i...
Gov’t expresses commitment to resolve public sector wage issue 26 Aug 2013 | 03:09 pm
Government has begun work on the 2014 budget with an overwhelming focus on job creation following a two day Presidential retreat which ended Saturday. President John Mahama led his team of ministers t...
GREDA calls for land tenure reforms 26 Aug 2013 | 03:05 pm
The Ghana Real Estate Developers Association (GREDA) is calling for reforms in the country’s land tenure system. According to GREDA, the country’s land tenure system which gives absolute ownership to ...
Union Bank makes profit 26 Aug 2013 | 03:04 pm
The Union Bank at Senya Beraku in the Central Region made a profit before tax of Ghc451.284 in 2012 as against Ghc411.419 in 2011, representing 10 percent increase. Colonel Abaka K. Jackson (Rtd), Cha...
Bawjiase Area Rural Bank declares profits 26 Aug 2013 | 03:03 pm
The Awutu Bawjiase Area Rural Bank made a net profit of Ghc986,044 in 2012 as against Ghc727,772 in 2011, representing 35 percent increase. Mr Emmanuel Osei, Chairman of the Board of Directors of the ...
Ghana’s first seven year bond oversubscribed by 170 percent 24 Aug 2013 | 12:02 am
The country’s quest to raise funds for development through the issuing bonds has received massive interest from investors. The Government of Ghana through the Ministry of Finance and Economic Planning...
SocGen Sees Ghana Inflation to Less Gold Cash Speeding Cedi Fall 23 Aug 2013 | 07:31 pm
Ghana’s cedi may depreciate a further 10 percent from a record low against the dollar by year-end as inflation accelerates and a weaker gold price reduces foreign exchange inflows, according to Societ...
