International rating agency Moody’s has lauded the Bank of Ghana (BoG) for carrying out much-needed banking sector reforms within the specified time. “The recapitalisation exercise’s completion within the planned timeframe
ACEP Warns Gov’t
Benjamin Boakye The Africa Centre for Energy Policy (ACEP) says government will accumulate more debts if it does not put in place the appropriate gas infrastructure to accommodate the Offshore
Ex-Factory Price Inflation Records 4.4%
The year-on-year producer inflation for all industry was 4.4 percent in December 2018. The monthly change rate was -1.2 percent. The Mining and Quarrying sub-sector recorded the highest year-on-year producer
Frontclear, Fidelity, Societe Generale Clinch Deal
Frontclear, Fidelity Bank Ghana and Societe Generale have completed a $40 million cross-currency total return swap transaction. The trade is the first cross-border deal in Ghana and follows Frontclear’s two-year
2 Companies Present Recovery Plans To GSE?
Cocoa Processing Company (CPC) Limited and Aluworks (ALW) Limited have presented the Ghana Stock Exchange (GSE) with detailed plans of how they intend to recover soon and become viable players
Akufo-Addo Commissions 3 Factories
President Akufo-Addo with Nazaire Djako (left), Supply Chain Director, Unilever Ghana and others. President Akufo-Addo yesterday commissioned three new factories established by Unilever Ghana Limited. The event, which took place
CEOs Upbeat About Economy
Some petty traders at work A vast majority of executives interviewed for the latest edition of the Business Barometer- Ghana CEO Survey- carried out by Oxford Business Group (OBG) were
Isong A. Udom Heads UBA Ghana
Isong A. Udom United Bank for Africa Ghana Limited, a subsidiary of UBA Plc, which has presence in 20 African countries, New York, Paris and London, has announced the appointment
Gov’t Borrows GH¢11.250m In 1st Quarter
Ken Ofori Atta Government has indicated its plans to issue a gross amount of GH¢11.250 million in securities of which GH¢10,149.84 million would be used to rollover maturities. The Bank
Industries Avoiding ECG – Says PURC
Ishmael Agyakumhene The Public Utilities and Regulatory Commission (PURC) says some industries and service providers have resorted to the use of generator sets due to the high cost of electricity.
Heritage Bank Staff Given 3-month Contract
The Receiver of Heritage Bank, Vish Ashiagbor, has given the staff of defunct Heritage Bank a three-month contract. The bank’s licence was recently revoked by the Bank of Ghana (BoG)
GOIL Ends Efie Ne Fie Promotion
The Head of Fuels Marketing Marcus Deo Dake (left) presenting a prize to one of the winners Ghana Oil Company (GOIL) has officially ended its “Efie Ne Fie” promotion with
Vodafone Shies Away From GSE
Yolanda Cuba Vodafone Ghana says it’s not planning to list on the Ghana Stock Exchange (GSE) following its acquisition of the 4G licence from the National Communication Authority (NCA) a