The 96th regular meeting of the Bank of Ghana’s Monetary Policy Committee begun on , Tuesday, September 22. It will end on Friday, September 25 and this will be followed by the announcement of the MPR for the next two months on Monday, the 28th. The meeting has been preceded by intense lobbying by the …
The government has said in line with its commitment to protect depositors funds and to shore up public confidence in the financial system, it has made available to the Receiver of the failed Micro Finance Companies (MFI) as well as the Official Liquidator of the Micro Credit Companies in official liquidation a combination of cash …
To ensure all stakeholders most importantly the State derive the maximum benefits from gold exports, the Ghana Chamber of Mines is entreating government to initiate effective mechanisms to streamline activities and operations of artisanal and small scale mining operators. This has become necessary in the sense that though Ghana overtook South Africa as the largest …
Vice President Dr. Mahamudu Bawumia says Ghana is on course to become a major exporter of power in the West Africa sub-region following the commencement of export of electricity to Burkina Faso. Burkina Faso joins Togo, Cote d’Ivoire and Benin as the West African countries that Ghana regularly exports electricity to. But speaking at the …
new mutual fund known as the EcoCapital Prime Fund has been introduced onto the Ghanaian market to help solve some challenges encountered by investors. The EcoCapital Prime Fund is a money market mutual fund designed to help investors interested in short term investment that provided modest returns, with adequate liquidity to solve their investment problem. …
The claim, estimated to be worth more than 1 billion pounds ($1.24 billion), was filed at the Competition Appeal Tribunal (CAT) on Monday, U.S. law firm Scott + Scott said. JP Morgan, RBS, UBS, Barclays and Citi declined to comment. Some of the world’s biggest investment banks have already paid more than a combined $11 …
Ghana stocks headed for the lowest in 21 months as investors sold shares to free up cash as they contend with the fallout from banking reforms in the West African nation. The Ghana Stock Exchange Composite Index retreated 1.5% as of 12:09 p.m. in Accra Wednesday, heading for the lowest close since October 2017. Ghana’s …
Leading mobile insurance provider Bima Ghana as a way to boost insurance penetration has introduced B-life and B- health insurance policies into the market. The new policies which provide up to a cover of GH¢10,000 is targeted at improving the habit of insurance in the informal sector and among low-income earners. Speaking at the launch …
Are you starting a new business? Are you struggling to make a profit? Then it might be time to look into a creating an operating budget. An operating budget is important as it helps to road map how your business is doing. Some important aspects it helps with are: reviewing your business’ performance objectively, highlighting …
A lack of accurate maps is a big problem in parts of Africa: for disaster relief agencies, local authorities and people looking for safe places to build homes. Could cheap survey drones and local volunteers help plug the gaps? Khadija Abdulla Ali is an unlikely drone pilot in the Tanzanian archipelago of Zanzibar. Conservatively dressed …