Gov’t to partner private sector to establish national airline
The Ghana Government is planning on partnering with an established private airline company in the establishment of a national airline.The minister for Aviation, Cecilia Dapaah, had earlier hinted that Ghana will have its own...
HSBC sees full year profit plunge 62% to $7.1bn
HSBC has reported a 62% fall in annual pre-tax profit for 2016.
The $7.1bn (£5.7bn) figure compares with $18.9bn a year earlier, and is well short of the $14.4bn analysts had been expecting.The bank attributed...
What Akufo-Addo’s SONA2017 should address
As President Akufo-Addo gets set to address Parliament this morning on the State of the Nation, policy think-tank IMANI has been looking at areas his address should focus on.Below is the full statement:Promising a...
GRA to tax mobile money services
The Ghana Revenue Authority is considering taxing mobile money services in the country.The move is in line with plans to plug loopholes in revenue mobilization in the informal sector.Figures released by the Bank of...
GCAA to scrap import duty on aircraft spare parts
The Ghana Civil Aviation Authority (GCAA) has given hint it will soon remove import duty on aircraft spare parts. The move is part of efforts to reduce the cost of domestic fares to boost...
Energy Bank to deepen commercial, SME relationships
Energy Bank says its strategic focus for this year is to deepen relationships with commercial, retail particularly the SME sector and consumer banking customers.This will be done through new product offerings targeted at their...
APR and AI paid on deposit drops at 27.6%
The Bank of Ghana has, on Monday, February 20, 2017 released its latest data on Annual Percentage Rates (APR) of interest charged on loans and credit advances and the Average Interest (AI) paid on...
AngloGold Ashanti remains committed to Ghana’s development
AngloGold Ashanti Limited has reiterated its commitment to playing a key role in unlocking the huge potential that exists in the mining sector to propel national growth and development.The Managing Director of AGA Obuasi,...
Gov’t puts on hold issuance of Ghc700m 3-yr bond
Government has put on hold plans to issue a Gh¢700 million three-year bond this month.The bond forms parts of government’s plan to raise over 170 million cedis between January and March.Government last month raised...
Airtel rewards promo winner with Gh¢10k
Ghana’s smartphone network Airtel on Friday presented the first cash prize of Ghs10,000 to a lucky subscriber in its ongoing “Wo Mmere Nie” promotion in Kumasi.The winner, Eric Nuete Mensah, a transport agent based...