News

25th January 2018

U.S. sparks fears of trade war as Trump arrives in Davos

A day after sending the dollar reeling with comments supportive of a weak U.S. currency, U.S Treasury Secretary Steven Mnuchin said the Trump administration was not […]
25th January 2018

Mobile money deposits hit GH¢2.3 billion in 2017 – BOG

The amount of money mobilized outside the banking system through mobile money reached record GH¢2.3 billion ending December 2017, according to data from the Bank of […]
9th November 2017

Ghana saved GH¢98m through stringent procurement processes

Ghana saved an amount of GH¢98million in the first nine months of this year due to the introduction of stringent procurement processes. This, according to the Chief […]
9th November 2017

British shell companies linked to 52 money laundering scandals

Tax evasion and financial crime has shot to the top of the international agenda in recent days following reports based on leaked documents from Appleby, a […]
28th September 2017

Sterling hits 10-week high amid surge in UK retail sales growth

Sterling touched a 10-week high against the euro on Wednesday, lifted by data showing British retail sales growth hit a two-year peak during the first part […]
28th September 2017

Ghana could save over GH¢1 billion through digital payments by 2020 – Report

UN-based Better Than Cash Alliance has released a report documenting the Ghana’s progress in creating an economy where everyone can pay and get paid digitally, instead […]
28th September 2017

Dollar, bond yields rise on Trump tax plan; Asia stocks fall

The dollar and U.S. bond yields rose on Thursday after President Donald Trump proposed the biggest U.S. tax overhaul in three decades and as strong U.S. […]
22nd September 2017

Uber loses its license to operate in London

Uber will not be issued a new private hire licence, Transport for London (TfL) has said. TfL has concluded the ride-hailing app firm was not fit […]
22nd September 2017

South Africa’s finmin calls for criminal probe into KPMG

South Africa’s Finance Minister Malusi Gigaba said on Friday that South African law enforcement agencies should investigate KPMG after the global auditor sacked its top management […]
22nd September 2017

Cocobod signs $1.3b loan for 2017/18 cocoa purchases

Ghana Cocoa Board signed a $1.3 billion loan with international banks on Wednesday to fund purchases for the 2017/18 season, due to open in October. The […]