Lead Story

The year-on-year inflation rate for August was 9.9 per cent up from 9.6 per cent recorded in July 2018. The monthly change rate in August 2018 was zero per cent, compared with the rate of 0.4 per cent recorded in July 2018. The year-on-year non-food inflation rate for August 2018 …

About 4,092 Ghanaian migrants returned from Libya in 2017, figures from the Ghana Immigration Service (GIS) has revealed. According to Chief Superintendent James Hayford Boadi, the Brong-Ahafo Regional Head of the Immigration Information Centre of the GIS, most of the returnees were from Brong-Ahafo. Instead of leaving the country through …

Ghana’s total foreign direct investments (FDIs) in 2017 generated 6,056 jobs across all sectors of the Ghanaian economy – this is contained in a detailed report on Ghana’s 2017 foreign direct investments emailed to ghanabusinessnews.com by the fDi Markets magazine, data service of the Financial Times. Ghana received $9.1 billion …

Vice President Dr Mahamudu Bawumia has said the adherence to the Danquah-Busia-Dombo Tradition has shown greater care for the vulnerable and underprivileged as it consistently seeks to implement policies and programmes tailored to meet their needs. That Tradition, he noted, began governance under the Progress Party Government of Professor Kofi …

The amount of money the banking sector in Ghana lost to various types of fraud in the year 2017 amounted to GH¢30.08 million the Bank of Ghana has revealed. Mrs Grace Akrofi, a Banking Advisor at the central bank, made the revelation in a speech at a two-day sensitization workshop …

Ghana’s banking sector is said to be highly exposed to different fraud types such as cyber fraud, suppression of cash and deposits, forgery of documents and alteration of accounts.  Dr. Joseph France, the Head of Financial Stability at the Bank of Ghana made the remarks at a sensitization workshop organized …

As African leaders get ready to leave the Chinese capital of Beijing after the third Summit of the Forum on China-Africa Cooperation (FOCAC), they may be smiling and looking forward to accessing the $60 billion pledged by Chinese leader, Xi Jinping. There was a $50 billion pledge he made three …

Kweku Adoboli, the investment banker who went to the UK when he was four years old, but found himself at the wrong side of the law while working for Swiss banker UBS and was jailed for causing the loss of (£1.8bn) approximately $2.3 billion has been detained by the Home …

The Chinese president, Xi Jinping has pledged another $60 billion in aid, investments and loans to African countries. He made the pledge at the ongoing Forum on China-Africa Cooperation (FOCAC) in Beijing. In 2015 China made a similar $60 billion pledge to Africa. The pledge includes $15 billion of aid, …

Professor Li Anshan, Director, Africa Research Centre, Peking University of China, has cautioned Africa against copying the development models of China and other developed nations. He said such moves could be a recipe for disaster for Africa economies because their natural environment, cultures and histories were different from China and …