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Banks turn away from new lending
Even as businesses and households in Ghana celebrate last week’s announcement by the Ghana Association of Bankers of a 200...
IMF approves US$1bn disbursement to Ghana for COVID-19 pandemic
The Executive Board of the International Monetary Fund (IMF) today approved the disbursement of SDR 738 million (about US$1 billion)...
Gold futures prices hit 7.5-yr. high
Gold futures prices are trading higher and scored a 7.5-year high in midday U.S. trading Monday. Bullish traders, who are enjoying...
First National Bank Ghana introduces #RealHelp to cushion customers impacted by COVID-19
Accra, April 14, 2020 – First National Bank Ghana Limited is introducing a raft of relief packages to help both...
Fast-Track implementation of cash waterfall mechanism
To ensure that the debt situation in the power and gas sectors is not further worsened, it has become imperative...
OPEC, Russia approve biggest ever oil cut amid coronavirus pandemic
OPEC, Russia and other oil producing nations agreed on Sunday to cut output by a record amount, representing around 10...
Prez announces three months free electricity amid Coronavirus lockdown
The President has announced three months of free electricity for consumers of a particular category, to make up for lost...
FanMilk Continues Support for COVID-19 Fight: 2nd Wave of Donations to Frontline Personnel
FanMilk Ghana Limited, a member of Danone, has made another donation to support the fight against the COVID-19 pandemic in...
Gold price spikes higher after Fed announces US$ 2.3 trillion in loans
The U.S. Federal Reserve continues to throw more money in to the U.S. financial system to support the sputtering economy....
Coronavirus drives Sub-Saharan Africa toward first recession in 25 years
Growth in Sub-Saharan Africa has been significantly impacted by the ongoing coronavirus outbreak and is forecast to fall sharply from...
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