Business

Economist Prof. Patrick Asuming has called on the John Mahama administration to prioritise agriculture by developing large-scale commercial farms in the Afram Plains to address Ghana’s surging food inflation and stabilise prices. His…
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Ghana has emerged as the second most indebted country to the International Monetary Fund (IMF) in Africa regarding concessional lending and debt relief trust. As of October 31, 2024, the country’s exposure to the Fund stood at 2.242…
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Tech billionaire Elon Musk has reportedly expressed interest in acquiring a stake in Liverpool Football Club, fuelled by personal and family connections to the city, according to his father, Errol Musk. During an interview on Times…
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A 23-year-old small-scale miner, Ahmed Abdul Rahaman, has been fined GH¢12,000 or, in default, faces a six-year jail term after tricking two mobile money vendors into transferring a total of GH¢8,000 into his account under false pretences.…
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The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has categorically ruled out the possibility of reinstating any revoked banking licenses during his tenure. This decision, he asserts, is rooted in extensive reviews that…
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President Nana Addo Dankwa Akufo-Addo has reaffirmed that his administration’s 2017 banking sector cleanup was a critical move to protect Ghana’s financial stability and not driven by personal motives. Delivering his final State of the…
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GCB Bank has announced the temporary closure of its Liberty House Branch in Accra due to a fire outbreak at the Katamanto market earlier today. The decision has been made to prioritise the safety of bank staff, customers, and assets.…
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The Ghana Stock Exchange (GSE) wrapped up 2024 with a strong showing, marked by a 56.17 percent year-to-date (YTD) increase in the Composite Index and a 25.20 percent year-to-date (YTD) rise in the Financial Stock Index.  These figures…
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With just hours left in 2024, many Nigerians are grappling with a severe cash shortage as most Automated Teller Machines (ATMs) across Lagos remain out of service. This has forced residents to rely heavily on Point of Sale (PoS)…
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The Ghana cedi strengthened against the US dollar, euro, and British pound last week as seasonal demand for foreign currency appeared to subside, easing pressures on the local currency. In the latest foreign exchange auction, the Bank of…
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