The country's public debt stock has reached ¢159.4 billion as at August 30, this year according to the Central Bank's September summary of Economic and Financial data.
Franklin Templeton Investments says the rout in emerging markets may be nearing a bottom though reckons there are still countries like the Philippines that will suffer.
Letshego Holdings Ltd the group holding company for AFB Ghana limited a finance house has announced its financial results for the first half of 2018, affirming solid performance across key areas of the business.
MoneyGram partners Zeepay to extend its mobile money and remittance services across the world.
In spite of series of public notices by the Bank of Ghana warning them against unregulated gold trade with Menzgold, many continued to transact business with the company.
International Monetary Fund has said the April 2019 completion date for Ghana’s program would largely depend on meeting some critical targets during the mission review visit in September.
Dalex Finance has opened a state-of-the-art Call Centre at the Accra Digital Centre (ADC).
Senior Partner at AB & David has rejected claims that government's decision to seek infrastructure funding support from China will disrupt the external credit funding program with the IMF.
It’s the college ranking season and especially if you’re a prospective college student or a parent, these shorthand markers of a school’s quality, value, and – let’s face it – prestige, are a big deal.
The former Finance Minister is calling for amendments in the law regulating the financial sector to forestall a repeat of the situation leading to the collapse of banks.
Fiscal policy stakeholders have called for a review in the tax incentive policy as it puts a burden on the nation's revenue mobilization efforts.
The Institute of Internal Auditors has called for reports of internal auditors working within the banking sector to go beyond the audit committees and copied to the regulator, Bank of Ghana.
Some financial institutions and savings and loans companies have started closing down some of their subsidiaries which have little staff strength.
Fifty industrious staff of Dalex Finance, a non-bank financial institution, have been rewarded for their efforts.
Deon & Noed International (DNI) an integrated Advisory, Tax and Audit firm, has officially launched its operations at Ho in the Volta Region.
Three Ghanaians have emerged top globally in the Association of Chartered Certified Accountants (ACCA) exams
Dzata Cement has explained the collapse of UT Bank could not have been because the company defaulted in repaying a loan facility.
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.
Second Deputy Governor at Bank of Ghana, Elsie Addo Awadzi, has warned that not complying with the law will "not be tolerated.”
The Senior Minister, Osafo Marfo says the rate at which commercial banks lend to customers will be standardised soon.
The Finance Ministry accepted all ¢471 million ($98 million) worth of bids tendered for a 3-year domestic bond issued on Thursday.
If you’ve ever taken a loan from a bank or any financial institution, then you know that paying back is not always easy.
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.
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.
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.
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.
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.
Ghacem, Ghana’s leading cement manufacturer has organised a stakeholder conference for its distributors.
Management of SIC Financial Services Limited says the recent corrective measures taken by the Central bank have not affected their operations.
The World Bank last Friday approved two International Development Association credits of $60 million for the Ghana Energy Sector Transformation Initiative Project and the Ghana Tourism Development Project.
Ghana Commercial Bank, GCB has committed GH¢1 billion towards the 'One District One Factory' initiative by the government.
The Controller and Accountant General’s Department says salaries of state agencies will be put on hold if such agencies exceed their compensation budget starting end of July this year.
To support the inclusive finance entity’s ongoing expandion strategy, Afb Ghana has increased its bond issue by two thirds, to total GH¢200 million.
The Association of Microfinance Companies says it is confident the Bank of Ghana will extend the deadline for meeting the minimum capital requirement.
Inlaks recently announced the receipt of the ISO 9001:2015 and ISO 20000:2011 Certifications.
Vice President Dr Mahamudu Bawumia has announced that government will soon pass a fiscal responsibility law.
Businesses are calling for action as the country witnesses a period of a fast depreciating local currency.
Readers would recall the displeasure that followed the aftermath of the June 3 disaster when some motor insurance clients had their motor insurance claims repudiated.
A team from the IMF visited Accra from June 20-26, to discuss recent economic developments and the outlook for the remainder of the year.
The Ghana Water Company Limited says it has increased revenue collection from ¢55 million to ¢63 million from February to May this year, due to prudent management practices.
Some 96,904 cross-network mobile money transactions took place in the first month of the launch of mobile money interoperability.
The IMF team is in Accra on a staff visit to ascertain the preparedness of the country’s march towards exiting the Fund-supported Program by the end of the year.
The new President of the Association of Certified Financial Markets (ACI), has said fair prices and availability of enough forex on the market can go a long way to reduce the operations of ‘black market’.
The Head of Reinsurance of GLICO General Insurance Co. Ltd. (GLICO General), Mrs. Angela Asante, has been appointed as Head of National Sales.
The maiden Ghana Insurance Awards would be held at the prestigious Kempinski Gold Coast Hotel on July 27, 2018 at 6pm.
Ghana ranked third in the first edition of the African Sovereign Wealth Fund Index polling 62 out of 100 %. Nigeria and Rwanda scored 62.49 % and 62.24 % respectively.
Ghana risks losing the huge investments that government and private sector entities have made to roll out the single window platform in the country in the last 16 years.
A Microfinance consultant has stated microfinance companies in the country should not be regulated in the same way as mainstream financial institutions.
The African Centre for Energy Policy, ACEP is demanding accountability on a GH¢400.9 million oil revenue that was not utilized in the 2017 budget.
A member of the Council of State has said that no government is interested in destroying any business especially home-grown businesses.
Finance Minister Ken Ofori-Atta will assume Chairmanship of the World Bank/IMF Development Committee at the 2018 Annual Meetings in Bali in October 2018.
BoG Governor has said the launch of Mobile Money Interoperability Payment System is an important milestone towards an integrated and interoperable electronic payments environment.