The Bank of Ghana (BoG) recently put the country’s debt-to-GDP ratio at 66.4 percent as at May this year but the Ministry of Finance quoted a figure of 63 yesterday
Gov’t Has Paid 30m Of $140m WAPCo Debt
The Petroleum Minister, Emmanuel Armah Kofi Buah, has said that Ghana has paid 30 million dollars of the reported 140 million dollars it owes the West African Gas Pipeline Company (WAPCo) The
Terkper Only ‘Campaigned’ Budget Presentation – Nitiwul
The Deputy Minority Leader in Parliament, Domomic Nitiwul has criticized the Minister of Finance, Seth Terkper’s 2016 midyear budget presentation, saying he deviated. Speaking to Citi News’ Vivan Kai Lokko
GCB Presents GH¢18.7m Dividend TO Gov’t
Staff of the bank making the presentation GCB Bank Limited has presented an amount of GH¢18.7 million to the Government of Ghana as dividend for the year 2015. This represents
Stanbic Bank Launches Achiever Banking
Nana Dwemoh Benneh (right) with CEO of Stanbic Bank, Alhassan Andani and Hannah Annobil Acquah launching the scheme at Alisa Hotel Stanbic Bank Ghana Limited, a leading financial institution, has
Terkper Presents Supplementary Budget Today
The Finance Minister, Seth Terkper will be presenting the mid-year review of the government’s 2016 budget today in Parliament and also table a supplementary budget for approval. Presenting the 2016
IMF 3rd Tranche In Limbo?
The governing board of the International Monetary Fund (IMF) is expected to meet next month to decide on the release of the next tranche to Ghana under its extended credit
Dumsor Now 24 Hours
The power crisis in Ghana has intensified, with many people in Accra and several parts of the country, currently experiencing 24-hour power outage and only 12 hours of power supply.
afb Ghana Retains Bond Credit Rating
Arnold Parker, MD, afb Ghana GCR, an international credit rating agency, has affirmed the BBB ratings accorded afb (Ghana) Plc, a leading financial services company with a stable outlook. afb
‘Teaching Of Entrepreneurship Must Be Encouraged’
Menson Torkornoo, Board Chairman of Abii National Savings and Loans Limited, has called for the teaching of entrepreneurship from the primary to tertiary level. This, according to him, is the
Petroleum Commission Rejects Claims E&P Bill Lacks Transparency
Chief Executive Officer of the Petroleum Commission Theophilus Ahwireng The Petroleum Commission has rejected claims that the Petroleum Exploration and Production (E&P) Bill which is currently in parliament grants the
Govt To Flash Out Galamsey Operators From Obuase Mine
Chief Executive Officer of the Minerals Commission Dr. Toni Aubynn Government is currently engaging and employing all legitimate tactics to flash out illegal miners occupying AngloGold Obuasi mine, The Minerals
NCA Won’t Grant New Mobile Voice Licenses
The Director General of the National Communications Authority, NCA, William Matthew Tevie has told Citi Business News that the authority will not grant any more licenses and authorisations for mobile