Mahama Trapped In Fraudulent $300 Million Infrastructure Deal
Reports reveal that Mahama has venture into a false security infrastructure deal worth a whopping $300 million! The Mahama government is ...
Tag: money
The Cedi’s Rising Fortunes
Ghana's national currency, the cedi is on the brink of completing a record-breaking year, and even the currency analysts that ...
Mahama Caught In Bogus $300m ‘security Infrastructure’ Deal
The Mahama government is accused of effectively “stealing” $300 million from state coffers as they face their electoral fate in ...
Interbank Borrowing On the Rise
Banks borrowing from each other or the central bank, otherwise known as repurchase agreements or repos, has hit GH¢145.7 billion ...
BoG Reduces Policy Rate To 25.5%
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has reduced the policy rate by 50 basis point ...
Ghana Owes 112 Bn Cedis, Hits 67.4 % of GDP
Ghana’s total public debt has hit 112.4 billion cedis equivalent to 28.3 billion dollars, as at September 2016. The figure ...
Financial Observers Expect A Reduction Today
There is growing expectation on the Bank of Ghana (BoG) to announce a reduction in the policy rate as the ...
Ghana’s Public Debt Hits GHC112 Billion
The country’s debt stock has reached GH¢112.4 billion as at September this year a summary of economic and financial data ...
SIC Insurance MD Bows Out After Over 30 Years
The Managing Director of SIC Insurance Company Limited, Mr Kwei Mensah Ashidam, has commenced his terminal leave prior to retirement ...
GSE Lobbies For Patronage of the Ghana Fixed Income Market
The Ghana Stock Exchange (GSE) is impressing on companies to utilize the Ghana Fixed Income Market (GFIM) to raise funds ...
Banks Find Innovative Ways To Manage Liquidity
Over the past six years, banks have increased their appetite for funds from overnight lending and placements which they source ...
Government ‘hot’ Over GHC2bn Pension Funds
IT appears government has no money to pay six years accumulated tier-two pension money owed public sector workers. An emergency ...
Trump-Fueled Risk Rally Shifts To Japanese Bonds, Euro
Investors resumed the post-U. S. election trade of selling bonds and buying stocks on Wednesday after a pause earlier this ...
Stabilisation Fund Reaches All-Time Low; Faces Collapse
Government’s consistent lowering of the cap on the Ghana Stabilisation Fund (GSF) could ultimately defeat the purpose for which the ...
Terkper Defends Raising Bond At 19%
The Finance Minister, Mr Seth Terkper, has defended the government’s decision to raise a GH¢438-million bond at a rate of ...
$200m Left To Pay On 2007 Eurobond
The Minister of Finance Seth Terpker has disclosed that the government will soon complete the payment of the country’s first ...
Stabilisation Fund Reaches All-Time Low
Government’s consistent lowering of the cap on the Ghana Stabilisation Fund (GSF) could ultimately defeat the purpose for which the ...
President Mahama To Consider Capping Interest Rates
The President of Ghana John Dramani Mahama has hinted of moves to consider capping interest rates in the country. According ...
Mobile Money Records 420% Growth In 5 Years
Records from the Ghana Chamber of Telecommunications indicate mobile money wallets have grown 420 percent from an estimated 2.5million in ...
Gold Down On Continued Reaction To U.S. Election
Gold futures on the COMEX division of the New York Mercantile Exchange fell on Monday as the U. S. dollar ...