Finance

The spokesperson of the Coalition of Aggrieved Customers of the 53 Collapsed Fund Management Companies, Charles Nyame and one other person have been arrested...

Jeff Bezos is giving a whole new meaning to the title of world’s richest man.The Amazon Chief Executive Officer's (CEO) net worth soared to a record $200 billion...

A senior lecturer at the University of Ghana Business School (UGBS) has said the promise by the New Patriotic Party (NPP) to construct an...

Parliament has approved the controversial Agyapa Mineral Royalty Limited agreement with the Government of Ghana despite a walkout by the Minority.Two years ago, parliament...

MTN aYo Insurance has doubled the benefits on its Recharge with Care (RwC) policy for customers, effective August 1, 2020.The policy is two-fold -...

Gold has topped $2,000 (£1,527) an ounce for the first time as traders look for havens amid the pandemic.Investors have moved cash into the...

Finance Minister Ken Ofori-Atta says he is unable to sleep for more than four hours a day due to the nature of his job....

Dr Owusu Sarkodie, an economist at the Institute of Fiscal Studies, has defended borrowings made by the government to fight against the Covid-19 pandemic...

Minister for Finance, Ken Ofori-Atta, has justified the government’s GH¢ 10 billion loan from the Central Bank.Presenting the 2020 Mid-Year Budget Review on Thursday,...

Minister for Finance, Ken Ofori-Atta, has hit back at the Presiding Bishop of Perez Chapel International, Bishop Charles Agyinasare.Presenting the 2020 Mid-Year Budget Review on...

Former Finance Minister, Seth Terkper, ahead of this year’s mid-year budget review, has advised the current Finance Minister, Ken Ofori-Atta to reconcile the country’s...

Ghana’s former Finance Minister, Seth Terkper, says the government could be using Covid-19 funds to finance existing debts on the blind side of Ghanaians.According...

Billionaires Elon Musk, Jeff Bezos and Bill Gates are among many prominent US figures targeted by hackers on Twitter in an apparent Bitcoin scam.The...

The Ministry of Finance has shut down its offices to allow ongoing mass testing of all staff working on site.To this effect, a memo...

In 1916, John D. Rockefeller, the father of the petroleum industry, became the world’s first billionaire.Nearly a century later in 2015, there were...

IntroductionDuring the decade-long Global Financial and other crisis from 2008, BOG did not apply any of its fiscal powers under the Act 612. On...

Payboy Company Limited, the payment company that was recently appointed by Menzgold Ghana Limited to negotiate a settlement with its unpaid customers says it has terminated...

Former Finance Minister, Seth Terkper, has revealed that the nation’s debt stock to Gross Domestic Product (GDP) could go as high as 76.8 per...

IS DEFICIT FINANCING BACK: BOG 2020 BUDGET DEFICIT SUPPORT AT 53%?Seth E. TerkperIntroductionIt seems the Bank of Ghana (BOG) May 2020 Monetary Policy Committee...

PUBLIC DEBT HIGHER THAN BOG’s 59.3 PERCENT: CAN’T DEFY GRAVITY WITHOUT BOGIntroductionThe Bank of Ghana (BOG) Monetary Policy Committee (MPC) Report for May 2020...

The Ghana Association of Bankers has appointed the former Chief Executive Officer (CEO) of the Universal Merchant Bank, John Awuah as the Deputy Chief Executive...

President Akufo-Addo has formerly launched a GHS 600m Coronavirus Alleviation Programme (CAP) Fund to support micro, small and medium scale (MSME) enterprises.The initiative is...

MTN Ghana has re-opened all of its service centres across the country, some of which were closed as a result of the COVID-19 pandemic.Considering...

Insurance group, Hollard Ghana, as part of efforts to join the fight against COVID-19 across the country, has donated Personal Protective Equipment (PPE) to...

Member of Parliament for Bolgatanga Central Constituency in the Upper East region, Isaac Adongo, has praised the International Monetary Fund (IMF) for affirming government’s...

The heightened dependency on digital infrastructure resulting in more time spent online, the spread of the virus, fear and uncertainty in the midst of...

BIMA Ghana, the leading provider of mobile delivered insurance and telemedicine services in Ghana, announced today that a GH¢500,000.00 reserve was made available for...

The Ghana cedi has returned to the depreciation trajectory despite a strong performance in the first three-and-a-half months of this year.As of 6 May...

On April 13, 2020, the Executive Board of the International Monetary Fund (IMF) issued a statement approving the disbursement of US$1 billion credit facility to the...

President Nana Akufo-Addo later today is to commence a three-day meeting with Cabinet ministers.The meeting, made known by the Information Minister, Kojo Oppong-Nkrumah, is...

The tens of thousands of employees in the hospitality industry sent home in March will be paid no salaries for April.This is because there's...

Power distribution company, Electricity Company of Ghana (ECG), has advised customers through a press release to swipe or insert their cards into their pre-paid...

Kanye West is now a billionaire, according to Forbes.The rapper is claiming that his net worth is more than $3 billion — which would make him...

Kanye West has added another comma to his net worth.According to a report from Forbes on Friday (April 24), Kanye has officially achieved billionaire status, making him...

The International Monetary Fund (IMF) in its revised forecast on Ghana’s economic growth has projected a 9.5 per cent fiscal deficit of Gross Domestic...

The International Monetary Fund (IMF) says Ghana is not likely to go into an economic recession in the third or fourth quarter of this year due...

Finance officials from the Group of 20 major economies agreed on Wednesday to suspend debt service payments for the world’s poorest countries from May...

So far, US$8 trillion has been used by countries to fight the COVID-19 pandemic with G20 countries taking the lead.According to the International Monetary...

Government is spending GH₵2 million a day on hot meals being provided for Ghanaians in the lockdown areas in the wake of the Coronavirus...

Leading member of the New Patriotic Party (NPP), Gabby Otchere-Darko, has said Ghana will not be going back to an IMF-supported programme on the...