The Minister of Finance Ken Ofori-Atta, is leading a delegation to Japan on a Non-Deal Investor Roadshow which is expected to boost bilateral trade and economic relations between the two countries.
In a press statement from the Finance Ministry and copied to thebftonline.com, the five-day Non-Deal Road Show, begins from...
The African Development Bank (AfDB) has advised that it is time to process cocoa and produce chocolate in Africa, and to end the continent being at the bottom of global value chains.
AfDB said there is huge opportunity for Africa, the largest producer of cocoa in the world, to rake...
The Bank of Ghana has cautioned the public against engaging in any financial transaction with a microfinance company by name Wyselink Microfinance Limited.
The company, with offices in Takoradi, Assin Fosu, Ofankor and Dobro, is alleged to be have been operating with a forged operating license and other business permits.
The...
President Nana Addo Dankwa Akufo-Addo, has contended that the country will at no instance allow the United States of America to put up a military base in the country.
“So let me state with the clearest affirmation that Ghana has not offered a military base, and will not offer a...
All is set for the establishment of a US$2.2million pepper processing factory under the auspices of the ‘1D1F’ initiative at Tuobodom, the district capital of Techiman North in the Brong Ahafo Region.
To that effect, the Techiman North District Assembly has allocated a ten-acre parcel of land to host the...
Individuals and Businesses from this month are likely to have their interest charged on facilities they access from commercial banks in the country reduced, because the Bank of Ghana (BoG) has set its maiden Ghana Reference Rate at 16.82%.
This will see the cost of borrowing by businesses, especially the...
The Bank of Ghana and International Finance Corporation (IFC), a member of the World Bank Group, have signed a cooperation agreement to provide technical support for organisational strengthening at the central bank, and development of Environmental and Social Risk Management (ESRM) guidelines for BoG and the banking industry.
Under this...
Despite impressive performances in 2017, banks are not likely to dole out dividends this year; at least not so generously, as they struggle to meet the new GH¢400million stated capital set by the central bank.
With annual general meetings coming up in a matter of weeks, banks will be requesting...
Government is exploring ways of getting a formidable indigenous bank to compete favourably with other multinational banks in the country, Finance Minister, Ken Ofori-Atta has confirmed.
His comments follow a recent Bank of Ghana (BoG) announcement that it has placed uniBank, an indigenous bank, under administration with KPMG as the...
Producer Price Inflation (PPI) for the month of February 2018 has dropped to 5.5% which represents a 2.2% reduction compared to the 7.7% recorded in January this year.
The month-on-month change in producer price index between January 2018 and February 2018 was 0.1%.
Under the same period, the Mining and Quarrying...