Kenya’s Private Equity Raises US$30 Million To Fund SME
Kenya’s private equity fund that is backed by the private sector arm of the World Bank has raised about 30 ...
Tag: money
US Fed Raises Key Interest Rate To 1.0-1.25%, Signals One More Hike
The US Federal Reserve raised its benchmark interest rate by a quarter point to 1.0-1.25% on Wednesday and signaled another ...
Chinese Billionaire Steps Aside Amid Detention Report
The chairman of a Chinese insurance group that sought a business deal with the family of US President Donald Trump's ...
Trump Administration Unveils Plan To Defang Consumer Watchdog
The Trump administration has said it wants to ease oversight of smaller banks and curb the Consumer Financial Protection Bureau's ...
Interest On Loans Continue To Decline
The interest charged by banks and other lending financial institutions on loans and advances to individuals and corporate clients, has ...
Inflation To Increase To 13.3% In May 2017
Ghana Statistical Service (GSS) is expected to announce the consumer price inflation for the month of May 2017 in the ...
Capital Bank Trains Clients On Regulatory Framework
Capital Bank has organised a training programme aimed at building the capacity of over 100 of its trade clients on ...
US Fed Poised To Hike Despite Weak Inflation
The US Federal Reserve was due to begin a two-day review of monetary policy on Tuesday, with the second interest ...
Deutsche Bank To Pay $170 Mn Private Suit Settlement In US
Germany's Deutsche Bank has agreed to pay $170 million to settle a private lawsuit charging it conspired with other major ...
High NPLs To Tighten Credit To the Private Sector
Financial sector analysts are predicting a further contraction in credit to the private sector following their high contribution to the ...
White House Calls For Rollback of Banking Regulations
The White House on Monday issued a roadmap for loosening US banking regulations, including a recommendation to ease "stress tests" ...
Moody’s Downgrades Top S.African Banks, Insurers, Councils
Credit ratings agency Moody's on Tuesday said it had downgraded a slew of top South African banks, insurers and local ...
Who’s Afraid of George Soros?
The world has a new puppetmaster. From his New York home, US financier-cum-philanthropist George Soros has manufactured Europe's migration crisis, ...
Bond Critics Hurting Economic Recovery Efforts – Ofori-Atta
The Finance Minister, Ken Ofori-Atta, has said critics of the cedi denominated US$2.25 billion bond risk scuttling government’s efforts at ...
Kaiser Launches ‘Ayarisa’ To Provide Healthcare To Ghanaians
Kaiser Global Health Limited has launched Ayarisa, a novel product that offers health insurance services using the mobile phone as ...
Post Offices To Become E-Service Centres – Ursula
Government has begun moves to convert all post offices in the country into electronic service centres to deepen digital financial ...
Private Sector Accounts For 98% of Banks’ NPLs – BoG Report
The banking industry’s stock of Non-Performing Loans (NPLs), increased by 24.5 percent between April 2016 and April 2017, the Bank ...
Government’s Decision To Retire Legacy Debts Will Boost Banking Industry – Bankers
The Chartered Institute of Bankers (CIB) says the decision by the government to issue new bonds to pay off legacy ...
NPRA Targets 80% Informal Pension Enrollment
The National Pensions Regulatory Authority (NPRA) has disclosed of plans to achieve at least 80 percent subscription by informal sector ...
Finance Minister, GRA To Meet Parliament Over VAT Law
The leadership of Parliament is expected to seek further clarifications from officials of the Ghana Revenue Authority(GRA) and the Finance ...