The Minister of State in Charge of Public Procurement, Hon. Sarah Adwoa Safo, has told the National Democratic Congress (NDC) Member of Parliament (MP) for Ashaiman, Ernest Norgbey, to direct all his questions relating to the procurement of 1,800 used vehicles by the Microfinance and Small Loans Center (MASLOC)...
Shama Cooperative Credit Union (SHAccu) has recorded an impressive growth as its income rose to GH¢3million in 2017 from GH¢2.7 million recorded in 2016 and
The company also within the same financial period recorded a surplus of slightly above GH¢131 million.
Total assets also rose from GH¢12.4million in 2016 to GH¢14.3...
A consultant to the Ghana Alternative Market (GAX), David Tetteh, has advised against the practice wherein companies only approach the capital market as a last resort when they are in distress.
Against the backdrop that access to credit has been the bane of many businesses in the country, he noted...
interest payments to surpass wages and salaries
Ghana’s debt situation is such that out of every cedi collected in taxes by the Ghana Revenue Authority (GRA), 42 pesewas - almost half - is used to pay interest on the country’s debt; taking resources away from critical sectors, analysis by...
Chairman of Africa Business Media Dr. Yaw Akoto has said that Ghana is likely to attract more interest from international oil companies (IOCs) owing to recent developments in the upstream petroleum sector.
“Recently, government signed an exploration contract with the world’s largest oil and gas company, Exxonmobil Corp, to explore...
uniBank unknown to ADB, can only act on proxy
Shareholding in ADB remains unchanged
Belstar et al shares pledged to uniBank
The B&FT on Wednesday March 7, 2018 reported that a consortium of financial institutions which controlled majority shares in Agricultural Development Bank (ADB) had pledged their shares, proceeds,...
Economic analysts at the research desk of Standard Bank, the parent company of Stanbic Bank Ghana, have forecast an improved economic performance and narrowing of the current account deficit in 2018.
Year on year inflation is expected to be around 9.3% as strong base effects from food inflation continue, while...
The B&FT has gathered that, the number of workers to be disengaged by Goldfields Ghana Limited, to be employed by a contractor as Goldfields moves from owner mining, may reduce from the reported 1,500 to around 1,350.
This was contained in a letter sighted by the B&FT, dated March 09,...
Glo Mobile Ghana has launched an aggressive market offer, Glo Yakata into the telecoms market.
The offer, which is exciting in nature, delivers unmatchable benefits to subscribers once they recharge.
its provides exceptionally huge benefits to subscribers on every recharge which include free data, unlimited Glo to Glo calls and free...