Economic Fundamentals: Ghana’s ratings hit ‘B’
The global and international credit ratings agency, Standards and Poor’s (S&P) has upgraded Ghana’s credit score from ‘B’ minus to ‘B’ with a stable outlook.
At the same time, they have revised Ghana’s transfer and...
Bawumia launches Schools Entrepreneurship Initiative
The Vice President Dr Mahamudu Bawumia has challenged Ghanaian youth to cultivate the spirit of entrepreneurship in order to create jobs and reduce the incidence of graduate unemployment.
Government, on its part, will create the...
Menzgold beefs up legal team with UK’s Baker & McKenzie LLP
Beleaguered gold trading firm Menzgold has contracted the popular UK-based law firm Baker & McKenzie LLP in the regulatory impasse with the Securities and Exchange Commission.
The foreign firm will beef up efforts of the...
Cedi depreciated only 7% because of strong fundamentals – Bawumia
Vice-President Dr Mahamudu Bawumia has defended the Akufo-Addo government’s management of the economy in the wake of the depreciation of the Cedi against the United States dollar.
According to him, the depreciation of the Cedi...
BoG to issue directive on risk management for stakeholders
The Central Bank is expected to issue a directive on risk management for players in the financial sector.
The second Deputy Governor of the Bank of Ghana (BoG) Elsie Awadzi revealed this at the just...
Protect independence of Auditor General – GACC
The Ghana Anti-Corruption Coalition (GACC) has described as worrying the raging impasse between the Auditor-General Daniel Domelevo and the Board Chairman of the audit service.
Mr Domelevo has accused Professor Edward Dua-Agyeman and the board...
Menzgold rejects SEC’s condition for a meeting
Gold trading firm Menzgold has rejected an attempt by the Securities and Exchange Commission (SEC) to set conditions for a planned meeting between the two parties next week.
The development comes after the state regulator...
Banking crisis: Ghana not in recession – CEO
The Group CEO of CDH Holding, Emmanuel Adu-Sarkodee, has accused the Central Bank of “wrong timing” in sanitizing the banking sector.
As a result, he said the decision has led to the seeming liquidity crunch...
Dalex Finance opens call centre at Accra Digital Centre
In its unwavering commitment to become the first virtual finance company in Ghana, Dalex Finance has opened a state-of-the-art Call Centre at the Accra Digital Centre (ADC).
The facility will enable the company to enhance...
Economy on right track – BoG
The Bank of Ghana has assured the public the fundamentals of the economy are sound and strong, despite recent depreciation of the Cedi.
Speaking at “The Cedi Forum” to discuss the depreciation of the local...