Business

Finance Minister, Ken Ofori-Atta will later today, Thursday, July 23, present the 2020 mid-year budget review and supplementary estimates for the financial year in Parliament. This is in accordance with Section 28 of the Public Financial Management Act, 2016 (Act ...

An Accra Fast Track High Court has dismissed an application filed by MTN, Vodafone and the National Telecommunications Authority (NCA), challenging the basis upon which a consumer organisation had sued them for breaching sections of the Subscriber Identification Modulation (SIM) law, L.I. 2006. The ...

The Vice President, Dr Mahamudu Bawumia, has assured depositors whose funds have been locked up in regulated but defunct financial institutions of full restitution of their funds. Speaking at the Great Hall of the Kwame Nkrumah University of Science and ...

The Vice President, Dr Mahamudu Bawumia, has commended Ghana’s banking sector for the continued support for Government initiatives and development programmes over the years. The Vice President is particularly grateful for the support of Barclays Bank Ghana over the years in achieving Government’s ...

The Country Director for World Bank, Frank Laporte, has urged Ghana to be careful with its rate of borrowing. Describing the country’s debt situation as “moderate to high risk of debt distress,” Laporte said he is confident the Finance Minister, ...

Global Capital markets on Tuesday further voted confidence in the Ghanaian Economy with a five times over-subscription of the countries 3 BillionUSD Eurobond sale at very low rates comparatively. While Ghana went to the Markets to raise 3b USD, investors ...

Kumasi Youth Association(KuYA) has condemned what it says is the Akufo Addo led-government’s “malicious strategy” to collapse businesses owned by former Finance Minister and Founder of uniBank Dr. Kwabena Duffuor, and other industrious Ashanti businessmen. KuYA, describing the development as ...

The Minister for Information Kojo Oppong Nkrumah says government welcomes the change in the nation’s economic outlook from stable to positive by the Moody’s ratings agency. He told Journalists at a briefing in Accra on Sunday that the Economic Management ...

Moody’s Investors Service (“Moody’s”) has today affirmed the Government of Ghana’s long-term issuer and senior unsecured bond ratings at B3 and changed the outlook to positive from stable. Moody’s has concurrently affirmed the rating of the bond enhanced by a ...

Telecom giant, MTN has announced what it describes as “a goodwill package” for its data customers commencing  January, 23, 2020. This comes after the recent disruption in data and international outbound call services which occurred last week due to cuts ...