The International Development Association (IDA) has raised $1.5 billion in bonds to address some of the most pressing development issues.
Oradian, a financial inclusion company, is set improve financial access to SMEs with an imminent commencement of its operations in Ghana.
The Minister of Finance says the prospects for Ghana issuing a Samurai bond in the medium term looked good.
Government ended 2017 with a debt stock of ¢142.5 billion cedis, the latest Bank of Ghana summary of Economic and Financial Data showed.
The National Investment Bank (NIB) on Thursday, 22nd March 2018 cut a cake to mark exactly 55 years of the Bank’s establishment.
Government secured more than what it targeted in today’s three-year bond sale. It was looking for GH¢c900 million but got GH¢1.575 million.
The President of GAB, Mr Alhassan Andani, has backed the move by BoG to hand over the management of uniBank to the auditing firm, KPMG, to restore uniBank to financial health.
Some private contractors failed to pay back loans contracted from uniBank, putting the bank in a distressed position, the central bank has conceded.
Three years on and the memories of the devastating firefloods of June 3, 2015 are beginning to fade from our minds, somehow.
The planned International Monetary Fund, (IMF), board meeting to review Ghana’s performance under the 5th and 6th Review of the Extended Credit Facility (ECF) is likely to be postponed by the IMF.
The latest Standard Bank Research has forecasted an improved economic performance and narrowing of the current account deficit in 2018 with the expected cut in electricity tariffs and a continuous strong base effect from food inflation as drivers to bring year-on-year inflation to around 9.3 per cent.
Women’s World Banking Ghana (WWBG) has donated a patients’ health monitor to the Tema General Hospital.
About 319 microfinance institutions across the country have been licensed to operate and are in general compliance with the central bank’s guidelines, the Bank of Ghana has said.
United Bank for Africa (UBA) Plc has announced the appointment of Mrs. Abiola Bawuah as the new Regional Chief Executive Officer (RCEO) in charge of six African countries.
Government’s agricultural transformation agenda cannot be realized without agro insurance, according to General Manager of Ghana Agricultural Insurance Pool, Alhaji Ali Muhammad Katu.
uniBank has given the assurance that Agric Development Bank (adb) will retain its focus on agricultural financing despite the acquisition of controlling stake by the former.
Finance Committee of Parliament has engaged with executives of the International Monetary Fund (IMF) to review the 2017 fiscal year ahead of the fifth and sixth reviews of the Program.
Access Bank’s W, has once again recorded another milestone through its Maternal Health Support Scheme (MHSS).
A foremost global rating agency, Fitch Ratings affirmed a stable outlook on the Foreign Currency, Long-Term Issuer Default Ratings of UBA Plc's subsidiaries in Cameroon, Ghana and Senegal.
President Akufo-Addo has named international economic and financial lawyer, Elsie Awadzi as the new Second Deputy Governor of the Bank of Ghana.
The number of persons using the biometric smart card e-zwich witnessed a significant increase over the past one year.
A 22-member team of StarLife Assurance toured the beautiful city of Dubai in the United Arab Emirates in the past couple of days.
The Monetary Policy Committee of the Bank of Ghana is expected to announce a new policy rate today.
The President of the African Development Bank, AfDB, Akinwumi Adesina, has made a compelling case for accelerating Africa’s industrialization in order to create jobs, reduce poverty and promote inclusive economic growth.
President Akufo-Addo has indicated that his government is committed to fiscal discipline to prevent the country from signing up for another IMF program.
Equity Savings and Loans Company Limited has, as part of its Corporate Social Responsibility embarked on a three-day health screening for its customers as well as the general public.
Government is planning to raise GH¢11.1 billion in the first quarter of 2018, information from its Issuance Calendar for the first three months of this year has revealed.
First National Bank has appointed Hannah Annobil-Acquah as Head of Retail Banking. Hannah brings on board a wealth of experience in retail banking, having worked in various functions in the sector for over a decade.
The Deputy CEO of MASLOC, has said that the Centre would ensure that the President’s vision of job and wealth creation was fulfilled with emphasis on women.
Christine Lagarde has said African governments can create a foundation for innovation by streamlining regulations "so that everyone plays by the same rules and entrepreneurs are rewarded for their ingenuity."
First National Bank Ghana, a subsidiary of the FirstRand group of South Africa, has introduced its merchant acquiring solution into Ghana.
The President of Group Ideal, Nii Kotei Dzani, the economy is not doomed but rather recovering given the prudent economic measures being implemented by the government.
The National Investment Bank (NIB) last week joined scores of nationals, local and internationals to commiserate with Asanteman and the Asantehene Otumfou Osei Tutu II.
Finance Minister, Mr Ken Ofori-Atta has presented to Parliament the budget for 2018. This is the second budget statement and economic policy since the President Akufo-Addo led administration assumed office on January 7, 2017.
Mona Quartey says the Energy Bond floated by the government rather walked out of the market with unexpected complications against the expected turnout.
The Deputy Finance Minister says talks of tax hikes in the 2018 budget are unfounded speculations.
Dr. Eric Osei Asibey foresees the cedi losing grounds to major trading currencies next year if steps are not taken to address the factors putting stress on the local currency.
The Doing Business (DB) survey is an annual report issued by the World Bank Group (WBG).
Members of the Ghana and UK Parliament met in Accra from 9-11 November to discuss good practices and to strengthen public financial scrutiny.
Ghana scooped all $221.4 million tendered for a three-year domestic dollar bond at a 6.25 percent yield on Thursday, boosting the government’s plans to explore local funding sources, arrangers said.
Ghana’s annual consumer price inflation fell to 11.6% in October from 12.2% the previous month on the back of lower transport and health costs, the statistics office said on Wednesday.
The Pan-African financial institution, United Bank for Africa (Ghana) Limited, repeated the feat it has been amounting at industry awards, but notched it higher.
Managers of the country’s historic energy bond sale could not raise the entire amount for the offer, a summary of the tender results sighted by JoyBusiness revealed.
Deputy Minister of Information, Kojo Oppong-Nkrumah is optimistic Ghana will benefit immensely from the just ended International Monetary Fund (IMF) and World Bank meetings in the United States.
The allegations made in the report which create negative impressions about the industry, are inaccurate and MTN deems these allegations to be libelous.
Ghana’s financial market has low local participation compared to its peers in some African countries, the maiden Africa Financial Markets Index launched in Washington D.C has revealed.
First National Bank, a division of FirstRand group, has been adjudged The Most Innovative African Bank at the 2017 African FinTech Awards for the second year in a row.
The National Crime Office in the UK has cleared the Asantehene of wrongdoing when he handed about £350,000 cash to a banker to deposit into his account at GhIB.
Ghana’s Debt-to-GDP ratio is expected to decrease to 66.1% by the end of 2018 according to a projection captured in the fiscal monitor report released by the IMF.
Financial analyst, Ken Thompson is urging calm among depositors despite reported cases of fraud by some employees of banks in the country.
Finance Minister Ken Ofori Atta is urging global investors to put their money behind Ghana’s growing economic opportunities.