Ishmael Yamson steps down as Board Chairman of Stanchart

FacebookTwitterLinkedinemailGoogle+PinterestThe Board Chairman of Standard Chartered Bank, Mr. Ishmael Yamson has announced his resignation from the position effective June 30,

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Metro TV clears part of tax arrears; resumes operations

FacebookTwitterLinkedinemailGoogle+PinterestMetro TV has resumed operations barely twenty-four hours after being closed down for owing some taxes. The Ghana Revenue Authority,

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Bayport to raise GH¢300m through corporate bonds

FacebookTwitterLinkedinemailGoogle+PinterestMicro-financial services provider, Bayport Savings and Loans has disclosed it will be raising GH¢300 million through the issue of a

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Recent depreciation of the cedi is temporary – BoG Official

FacebookTwitterLinkedinemailGoogle+PinterestThe recent blip in the foreign exchange market that saw a slight depreciation of the cedi against the dollar is

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IFC to invest US$60M in Ghana and seven other African countries

FacebookTwitterLinkedinemailGoogle+PinterestThe International Finance Corporation (IFC) announced on Monday, a US$60 million investment to support small and medium-sized business loans in

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GRA locks up Metro TV for Gh¢2.3m tax default

FacebookTwitterLinkedinemailGoogle+PinterestGhana Revenue Authority (GRA) has shut down media company, Metro TV for defaulting taxes worth GH¢2.3 million. The move by the

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BoG covers US$461m of GCB takeover liability

FacebookTwitterLinkedinemailGoogle+PinterestGhana Commercial Bank (GCB) Ltd. said it received a GH¢2.2 billion (US$461 million) bond from the central bank for taking over

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Bankers see lower interest rates – Ghana Reference rate now 16.19%

FacebookTwitterLinkedinemailGoogle+PinterestBankers, under the umbrella of the Ghana Association of Bankers (GAB), are optimistic that cost of funds to the lending

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World Bank approves US$50m for agric

FacebookTwitterLinkedinemailGoogle+PinterestThe World Bank has approved a US$50 million International Development Association (IDA) credit to support the Government of Ghana in

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Islamic scholars urge BoG to license Islamic banking

FacebookTwitterLinkedinemailGoogle+PinterestSome Islamic scholars are urging the Bank of Ghana(BoG) to license Islamic banking in Ghana to improve the financial system.

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