Today's Ghana Business, Banking and Economic news

Former mortgage finance company Ghana Home Loans, now GHL Bank has formally began its operations today Wednesday December 6, 2017.

There are indications that the government of Ghana through the COCOBOD will be taking a loan of over US$700 million for the cocoa industry.

Five months after President Akufo-Addo cut sod in the Central Region for what was supposed to be the first of his administration's many factories to be built in districts across the country, there is not much to show for the region.

Vice President, Dr. Mahamudu Bawumia has said that the government in 2018 would ensure that every Ghanaian has a bank account.

Chief Executive Officer of Dalex Finance, Kenneth Thompson says the 2018 Budget re-affirms speculations over the years that Ghana is broke.

Kenya’s government has disclosed plan to cut electricity tariffs for manufacturers across the country as part of efforts to boost private sector job creation in the East African economy.

Business operators in the country have been given until April 30th2018 to file their tax returns or face due consequences.

The ban on some radio stations by the National Communications Authority (NCA) in the country are now to be suspended.

The future of banks that are majority-owned by domestic private interests in Ghana can be challenged in the not-distant future due to the strict application of the Basel II and III standards, Groupe Nduom Research has said.

Ghana government sold ¢5.29 billion worth of long-term bonds on last Thursday, dominated by re-openings of previous bond issues by the major commodity exporter to help restructure its high public debt, lead arrangers said.

Zenith Bank has been adjudged the country’s 2017 Bank of the Year by the UK based international finance magazine –The Banker.

The International Monetary Fund (IMF) has approved the Public Sector Reforms for Ghana to be implemented in 2018.

The Hungarian Minister of Foreign Affairs and Trade, Dr Peter Szijjarto, says his country would provide support to government's “One District, One Factory” and ”One Village, One Dam” programmes, in order to create jobs for the youth and boost socio-economic development.

The Association of Oil Marketing Companies (AOMCs) at the weekend challenged the National Petroleum Authority (NPA) to boldly publish the weekly orders of Premix Fuel in the media in an open and transparent manner.

As part of measures to halt seasonal migration of youth to southern parts of the country in search for jobs, the Nabdam District Assembly is to establish three processing mills in the area to engage more of the active human resource.