GhIPSS to undergo diversification

GhIPSS to undergo diversification

Over the next five years, 2020 to 2024, the Bank of Ghana will embark on the diversification of the Ghana Interbank Payment and Settlement Systems (Gh...

Ghana’s retail sector worth US$24.4Bn

Ghana’s retail sector worth US$24.4Bn

Ghana’s retail commerce sector is currently valued at US$24.4 billion and it is projected to hit US$33.16 billion by 2024, according to the recent G...

Petroleum retailers threaten to boycott fuel with temperature above 20 degrees

Petroleum retailers threaten to boycott fuel with temperature above 20 degrees

The Ghana Petroleum Retailers Association has joined calls urging the National Petroleum Authority (NPA) to enforce a directive it gave to Bulk Oil Di...

T-bills, bonds dominate income sources of banks – BoG report

T-bills, bonds dominate income sources of banks – BoG report

It is emerging that banks are still accruing a large percentage of their income from their investments in various securities. The latest banking sect...

Falling inflation makes room for policy rate cut

Falling inflation makes room for policy rate cut

Given that inflation at the close of 2019 stayed below the central bank’s target of 8 percent with a band of ±2 percent – an outcome announced on...

Africa’s Wealthiest Man Ends the Year $4.3 Billion Better Off

Africa’s Wealthiest Man Ends the Year $4.3 Billion Better Off

LAGOS, Nigeria, January 2, 2020/APO Group/ -- Aliko Dangote, Africa’s richest man, became $4.3 billion richer in 2019 as his fortune continued to gr...

Nigeria studying ECO move by Francophone West Africa - Minister

Nigeria studying ECO move by Francophone West Africa - Minister

Nigeria says it is studying the currency changes ringing through the West African region and that it will respond in due course. A statement by a med...

Bush fires ravage rice farms in northern regions

Bush fires ravage rice farms in northern regions

Some rice farmers in Northern parts of the country are counting their losses as bush fire ravages hundreds of their rice farms. The Upper East, North...

World Food Programme Forecasts Global Hunger Hotspots as New Decade Dawns

World Food Programme Forecasts Global Hunger Hotspots as New Decade Dawns

ROME, Italy, January 2, 2020/APO Group/ -- Escalating hunger needs in sub-Saharan Africa dominate a World Food Programme (WFP) analysis of global hung...

Your role in Africa’s development is critical-President

Your role in Africa’s development is critical-President

By Ken Sackey, GNA Accra, Dec. 31, GNA - President Nana Addo Dankwa Akufo-Addo on Tuesday stated that Africans and persons of African descent in the ...