News
Bank of Ghana keeps its policy rate at an eight-year low
The policy rate is the key lending rate of the central bank in a country. It is a signaling rate...
We’ll turn ‘difficult’ NIB into an industrial bank
Finance Minister Designate, Ken Ofori-Atta has indicated the government plan of making the National Investment Bank an industrial bank to...
Contribute 5% levy for devt – ADB MD appeals to banks
The Managing Director (MD) of the Agricultural Development Bank (ADB), Dr John Kofi Mensah, has appealed to banks to consider...
Banking sector cleanup saved over 4.5m customers from losing their deposits
Finance Minister-designate Ken Ofori-Atta has intimated that the banking sector cleanup saved about 4.5 million customers of affected institutions from...
Agyapa deal is clean and will inject liquidity into economy – Ofori-Atta
Finance Minister Designate, Ken Ofori Atta has re-emphasized government’s position to resubmit the Agyapa Royalties transaction to parliament for scrutiny...
Parliament approves GH¢854 million for Energy Ministry
Parliament has approved a budgetary allocation of GH¢854,062,706 for the Ministry of Energy for the 2021 financial year. The breakdown...
Blueprint on how businesses can benefit from AfCFTA developed – Minister
The Minister of Trade and Industry, Mr. Alan Kyerematen, has said the government has developed a blueprint on revamping the...
Banks wrote-off loans of GH¢2.18bn as bad debt in 2020
Banks wrote off loans of a little above GH¢2.18 billion as bad debt last year, according to the Domestic Money...
Gross International Reserves Hit $8,719.7m
GHANA’s GROSS International Reserves at the end of February 2021 was US$8,719.7 million, providing cover for 4.2 months of imports...
Let’s Work Together To Build A Sustainable, Viable Mining Industry – Abu Jinapor
Minister of Lands and Natural Resources, Samuel Abu Jinapor, has called on stakeholders within the mining sector to partner with...
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