Prime Business, Economic and Financial News

Akufo-Addo

Indigenous banks are crucial to Ghana beyond aid agenda - Akufo-Addo

President Akufo-Addo has called on the Central Bank to look for ways to strengthen the local banks in the country. 
Menzgold_office

Bank of Ghana to penalize Menzgold

The Bank of Ghana has said its investigations show that gold-buying firm, Menzgold, accepts deposits although it has not been licensed to do so, and thus, intends penalizing the company for the…
Petroleum tanker drivers call off intended strike

Petroleum tanker drivers call off intended strike

The Ghana National Petroleum Tanker Drivers Union has called off its intended strike over the issues surrounding oil discharging at the various Oil Marketing Companies (OMCs).
palm oil processing

APC to partner Ho West District in palm oil processing

Palm Oil processing and extraction giants - Africa Palm Corporation (APC), in a bid to broaden the frontiers in its operations, has signed a new partnership agreement with the Ho West District…
This KNUST graduate forgets degree to be a shoeshine boy

This KNUST graduate ditch degree to be a shoeshine boy for a living

Cobblers, popularly known as Shoeshine boys are one of the least respected in typical Ghanaian communities, however this KNUST graduate ditched his clinical job to become a modern shoeshine boy.
Boakye Agyarko, Energy Minister

COPEC demands apology from Energy Minister

Chamber of Petroleum Consumers-Ghana (COPEC) is calling for withdrawal and apology from the Energy Minister, Boakye Agyarko, over a comment he made on the Tema Oil Refinery (TOR) at the recently held…
Ghana will return to Paypal compliant list in 2020

Ghana will return to Paypal compliant list in 2020

Vice President Dr. Mahumudu Bawumia has revealed that Ghana will soon get back on the on the online payment company Paypal in 2020 after being blacklisted for almost 15 years.
Finance_Minister_of_Ghana

Ghana raises $2billion at lowest rates

Ghana’s 2018 Sovereign bond issuance has raised $2.0 Billion at the lowest rates on the International Capital Markets for an Emerging Markets nation of its kind.
The Vice, Dr Mahamudu Bawumia, has launched the first mobile money payments interoperability system in Ghana.

Veep launches ‘Mobile Money Payment Interoperability System’

The Vice President, Dr Mahamudu Bawumia, has launched the first mobile money payments interoperability system in Ghana.
Alan Kwadwo Kyerematen, Minister of Trade and Industry, right and Chinese representative on the left during the signing of the agreement

Alan Kyerematen signs $400m 1D1F agreement

The Minister of Trade and Industry, Alan Kwadwo Kyerematen has signed a $400 million Turnkey Financing facility with China National Building Materials Corporation (CNBM) of China for 22 Enterprise…
money

7 simple ways to save money

Sometimes the hardest thing about saving money is just getting started. It can be difficult to figure out simple ways to save money and how to use your savings to pursue your financial goals.
USAID to provide $158 million private capital to support agribusiness

USAID to provide $158 million private capital to support agribusiness

Over US$158m has been unlocked in private capital for 2,846 agribusinesses under the USAID Financing Ghanaian Agriculture Project (USAID FinGAP).
Ethiopian airlines to operate Accra-Texas, USA direct flights

Ethiopian Airlines to operate Accra-Texas direct flights

Ethiopian Airlines is to operate direct flights between Accra- Ghana and Texas-USA, following the granting of Fifth Freedom Rights to the Addis-Ababa-based airline.
Defunct UT & Capital Bank staff cries over “exit pay”

Defunct UT & Capital Bank staff cry over “exit pay”

Former staff of erstwhile Capital Bank and UT Bank are up in arms with the management of GCB since payment of their “exit pays” after their appointments were terminated in August 2017, still have…
Asamoah Gyan announces latest business, BJ's Sports Bar

Asamoah Gyan announces latest business- 'BJ's Sports Bar'

Black Stars Captain, Asamoah Gyan, has announced the latest addition to his numerous businesses, the BJ's Sports Bar.
Jan Koum, the CEO and co-founder of Facebook-owned WhatsApp

WhatsApp CEO to leave Facebook

Jan Koum,the CEO and co-founder of Facebook-owned WhatsApp confirmed Monday that he is leaving the company.