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Daily Archives: August 16, 2019

Why integrity should drive business practice in Ghana

Integrity is the card Ghana must play to successfully project an image of a society that frowns on corrupt business practice, according to panellists...

The ban on deposit mobilization commissions

The Bank of Ghana has announced that the practice whereby banks in Ghana pay commissions to third parties as “facilitation” or “business development” fees...

Access Bank marks 10th anniversary with ‘Save More, Win More’ loyalty promo

As part of its 10th Anniversary celebrations, Access Bank Ghana has unveiled an industry first branch-based savings promotion dubbed “Save More, Win More” with...

Chamber of Commerce builds capacity of business women to reduce importation

To reduce the rate of importation of foods and other commodities, the Ghana National Chamber of Commerce and Industries (GNCCI) on Tuesday organised a...

South African stocks approach six months low as recession fears rise

South African stocks slipped to a near six-month low on Wednesday after the U.S. Treasury bond yield curve inverted for the first time since...

Nigeria bans forex for food imports, analysts worried

Nigeria’s President Muhammadu Buhari has told the central bank to stop providing funding for food imports, his spokesman said in a statement on Tuesday,...

Nigeria in danger of US competition in oil sales

There are indications that Nigeria's oil sales may be going through difficult times following the Donald Trump's new strategy to enthrone USA's dominance in...

BoG bans commissions on deposits

The Bank of Ghana has issued a stern warning to Banks and Special Deposit-Taking Institutions (SDI) against the payment of facilitation/business development fees or...

Utility tariffs hikes push inflation to 9.4%

Consumer inflation, as measured by the Consumer Price Index (CPI), in July 2019 rose by 30 basis point (bps) to 9.4 percent from 9.1...

US embassy awaits MiDA’s forensic audit on PDS to take decision

The Embassy of the United States of America in Accra, says it is eagerly awaiting the findings of an independent forensic audit of the...

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