Dzata cement did not default in UT bank loan repayment

Dzata Cement has explained the collapse of UT Bank could not have been because the company defaulted in repaying a loan facility.

Workers of collapsed banks to know fate after 60 days

The fate of staff of five banks collapsed by BoG to form the new Consolidated Bank Ghana (CBG) Limited, will be decided after 60 days, Joy News has learned.

2nd BOG Deputy Governor's stern warning to banks: Follow the rules or face punishment

Second Deputy Governor at Bank of Ghana, Elsie Addo Awadzi, has warned that not complying with the law will "not be tolerated.”

Latest Stories From Finance
Government wants interest rates standardised

The Senior Minister, Osafo Marfo says the rate at which commercial banks lend to customers will be standardised soon.

Posted: 14 days ago   Views: 6368
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Gov't sells $98m of local bonds at 18% yield

The Finance Ministry accepted all ¢471 million ($98 million) worth of bids tendered for a 3-year domestic bond issued on Thursday.

Posted: 15 days ago   Views: 4286
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Infographic: How much you are paying on your loans

If you’ve ever taken a loan from a bank or any financial institution, then you know that paying back is not always easy.

Posted: 15 days ago   Views: 5805
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New tax measures in Mid-Year Budget review takes effect from August 1

The restructured VAT rate, Luxury Vehicle Tax and 35 percent tax on persons earning more than ¢10,000 cedis is to be implemented from August 1, 2018.

Posted: 16 days ago   Views: 4533
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Photos: Maiden Insurance Awards honours industry players

Some insurers who have stood the test of time, as well as others who have rolled out innovative policies over the years, were awarded at the maiden edition of the Ghana Insurance Awards.

Posted: 16 days ago   Views: 4047
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Cedi recording slowest depreciation in first 18 months of any gov't since 1993 – Bawumia

The Vice-President has said notwithstanding the recent volatility of the cedi, data shows that it has seen the slowest depreciation against the US dollar for the first 18 months of any government since 1993.

Posted: 21 days ago   Views: 10097
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Fiscal and macro gains not the end-game - Oppong Nkrumah

The Akufo-Addo administration says its objective is not to only make gains in Fiscal and Macroeconomic indicators only but to utilise such gains in improving on the quality of lives of citizens.

Posted: 22 days ago   Views: 4852
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Total Revenue and Grants fall short of target – Finance Minster

The January to May 2018 fiscal performance shows that the Total Revenue and Grants fell short of target by GH¢1,428.7 million, representing 0.6 per cent of GDP.

Posted: 26 days ago   Views: 4128
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Ghacem builds strong partnerships with distributors

Ghacem, Ghana’s leading cement manufacturer has organised a stakeholder conference for its distributors.

Posted: 27 days ago   Views: 4378
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BoG’s action has not affected our operations – SIC

Management of SIC Financial Services Limited says the recent corrective measures taken by the Central bank have not affected their operations.

Posted: 28 days ago   Views: 4716
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