Ghana's central bank has revoked the licenses of twenty-three (23) financial institutions mostly savings and loans companies.
The Bank of Ghana in a statement on...
First Atlantic Bank Ghana has denied accusations of flouting the Labour Act by refusing to compensate some of its retrenched staff.
The Bank has been...
Telecom firm MTN wants to offer mobile banking in Africa’s most populous country Nigeria from next year.
The Chief Executive Officer of the South African...
Crisis may be too strong a word for it, but Ghana’s current economic predicament is more than a little uncomfortable.
Only after exhibiting strong macroeconomic...
The Association of African Central Banks is warning the goal of attaining a single currency status in West Africa will be a mirage. It believes the only solution to the problem is by diversifying the economies of the various countries in the Wet African Monetary Zone.
Various attempts by West Africa to introduce a common currency known as the ECO has suffered various setbacks with the recent one being the outbreak of Ebola in three member countries. It is currently unclear if the countries will now meet the convergence criteria for the currency to take off in 2020.
Some new apartments built at the residence of the Nigerian High Commissioner in Ghana’s capital city Accra, have been demolished by bulldozers.
The apartments have been constructed to...
Ghanaian health officials on Saturday said over 10,000 persons infected with the coronavirus have now recovered.
The significant number of recoveries means the country now...
Zimbabwe's Health Minister Obadiah Moyo has been arrested over corruption allegations related to procurement of medical equipment worth $60 million.
Moyo is accused of illegally...
