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Bank of Ghana exploring possible launch of its own digital currency

The Bank of Ghana (BoG) is exploring the launch of a Central Bank Digital Currency. This is according to the Second Deputy Governor of...

How to own a piece of Rwanda as a Ghanaian

Rwanda says it is giving Ghanaians a foot-in-the-door advantage to become business owners in the country and to take advantage of an integrated border...

Spotify now active in Ghana; check out prices and plans

International music streaming platform, Spotify, has finally given Ghanaians the green light to patronise its digital streaming business. The company earlier revealed it will be...

People’s Pension Trust receives funds to support taxi drivers, market women

People’s Pension Trust has received funding of USD300,000 from Draper Richards Kaplan Foundation (DRK) in support of its efforts to promote financial inclusion by...

China at rest as ‘missing’ Jack Ma resurfaces

After going off the public scene since October last year, China's ex-richest man and founder of Alibaba, Jack Ma has resurfaced. Jack Ma resurfaced for...

Aggrieved Menzgold customers react to Bulldog’s arrest

Aggrieved customers of Menzgold have condemned the arrest of one of its members, Lawrence Nana Asiamah Hanson, popularly known as Bulldog. Bulldog, addressing a statement...

I could have been a musician – GIPC boss

Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Yoofi Grant, has disclosed that he is highly gifted with the ability to see and...

Forbes names Nigeria’s former Finance Minister as ‘Africa Person of the Year 2020’

Forbes has named Nigeria’s former Finance Minister, Ngozi Okonjo-Iweala as the 'Africa Person of the Year 2020.' Forbes Africa tweeted on Tuesday, December 1: "The 2020 #AfricanOftheYear...

Sammy Gyamfi reacts to ‘contradicting’ Mahama on payment of Menzgold customers

National Communications Officer of the National Democratic Congress (NDC), Sammy Gyamfi, has urged customers of Menzgold not to lose hope in his party. He said...

Govt on ‘losing streak’ as it once again misses target for debt instruments

The Government of Ghana (GoG) once again missed its target of raising GHC 1 billion from the sale of its 91-day and 182-day treasury...

Govt to borrow GH¢22.7bn within next 3 months – Finance Ministry

The government will borrow GH¢22.7 billion within the next three months, beginning this month. According to the Bank of Ghana's issuance calendar, GH¢19 billion...

Minority to write to London Stock Exchange on Agyapa Royalties listing

The Minority Spokesperson on Finance, Cassiel Ato Forson has revealed the intention of the Minority Caucus to write to the United Kingdom Financial Conduct...

Jeff Bezos is world’s first-ever $200 billion man

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...

Nana Dufie Addo appointed Chief Operating Officer of Ghana Investment Promotion Centre

The Ghana Investment Promotion Centre (GIPC) is pleased to announce the appointment of Nana Dufie Addo as its new Chief Operating Officer (COO). She...

Gold price rises above $2,000 for first time

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...

How to become a billionaire – 7 characteristics of the rich & wealthy

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...

ParkNWatch is back in grand style

COVID-19 has had a devastating effect on our daily lives, it has robbed us of our economic, political and social lives. Due to the effects...

My mining concession at Manso Tontokrom was legally acquired – BENVIKO CEO

Chief Executive Officer (CEO)  of Benviko Company Limited Ben Owusu Achiaw has denied media reports that he used his influence in government to seize...

Covid-19: Prez launches GHS 600m cap business programme to support SMEs

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...

Hollard donates PPEs to GPRTU, creates COVID-19 awareness

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...

Clearing Agents sing UNIPASS’ praise as system becomes fully operational at Takoradi Port

The initial apprehensions that characterized the implementation of the new single window project, UNIPASS, has now made way for calm as the system has...

Medical Credit Fund makes it to ImpactAssets50

Medical Credit Fund has earned a place on the ImpactAssets50 (IA 50), an international scheme that recognizes impact investment funds worldwide. IA 50 includes...

Coronavirus: BoG projects 4.3% decline in GDP growth over Coronavirus

An assessment of the adverse economic impact of the novel coronavirus on the Ghanaian economy has been made by Bank of Ghana (BoG). The...

Coronavirus, a force majeure to China-Ghana Sinohydro trade deal?

Dubbed the Master Project Support Agreement, Ghana in 2018 signed a barter trade deal with Chinese state-owned company Sinohydro to ultimately solve Ghana’s infrastructural...

Coronavirus conference cancelled

The Council on Foreign Relations (CFR) has cancelled a round-table conference called 'Doing Business Under Coronavirus' scheduled for Friday in New York due to the spread...

Collapse of Menzgold, others cause of economic hardship – IEA

The collapse of MenzGold & DKM Savings and Loans has been cited as a major cause of economic hardships in the country today. Speaking...

Jeff Bezos adds $13.2 Billion to his fortune in just minutes

Jeff Bezos just got a whole lot richer. Shares of his Amazon.com Inc. surged 12% to $2,100 in extended trading at 4:16 p.m. in New York, after the largest U.S....

International economist hails Ghana’s Sinohydro deal with China

Lauren Johnston, a Research Associate at the China Institute, School of Oriental African Studies of London University and a PhD holder in International Economics,...

List: 53 securities, fund management companies whose licences have been revoked

The Securities and Exchange Commission (SEC) has revoked the operating licences of 53 Fund Managers in the country. "These firms failed to inform clients...

Banking crisis: Submission date of ‘proof of debt forms’ extended for customers

The Receiver of collapsed financial institutions, Eric Nana Nipah, has extended the deadline for the submission of ‘Proof of Debt forms’ to Friday, September 27, 2019. The...

Juapong needs an industrial park – Railways Minister

Mr Joe Gartey, Minister for Railways, has called on investors to help establish an industrial park at Juapong in the North Tongu District of the Volta...

High court orders closure of Nsawam GCB branch

The Koforidua High Court on Thursday morning ordered for the closure of the Nsawam branch of GCB Bank due to its failure to release...

NAM1 finally gains his freedom

The embattled Chief Executive Officer of Menzgold, Nana Appiah Mensah, who is known to many as NAM1, has been released from police custody after...

Audio: Energy Minister cites fraud as reason PDS contract was suspended

It has emerged that fraud was suspected in the concession agreement government entered into with Power Distribution Services (PDS). Energy Minister, John Peter Amewu, who...

Breaking news: Gov’t suspends PDS contract

The government of Ghana has suspended the concession agreement it has entered into with Power Distribution Services (PDS), a statement by the Minister of...

Video: Fire guts NIB building at Kokomlemle

The Kokomlemle office of the National Investment Bank (NIB) was on Sunday evening gutted by raging fire. No casualties were recorded in the unfortunate...

Breaking news: Nduom sues government

A subsidiary of Groupe Nduom, Ghana Growth Fund Company Limited, has sued the government of Ghana over debts owed it. The company, in a suit...

Rihanna tops Forbes rich list thanks to Fenty make-up

Although Rihanna hasn't released an album in more than three years - it's clear the work, work, work, work, work she's putting into her...

All you need to know about Loom Money Ghana

There’s a new ‘quick money scheme’ going viral in Ghana called 'Loom Money'. With Loom Money, all you need to do is to invest...

Golden Empire, Loom unlicensed – SEC

The Securities and Exchange Commission (SEC) has cautioned the public against Golden Empire and Loom as the regulator confirms they are unlicensed. According to the...