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Sri Lanka began a five-day bank holiday on Thursday to allow the crisis-hit nation to restructure $42bn (£33.2bn) in domestic debt. The country is facing its worst economic crisis since it won independence from the British in 1948.…

Chief Executive Officer of the Petroleum Commission, Egbert Faibille Jnr. is calling on academic institutions to tailor the curricula to prepare graduates for the job market. According to him, most companies prefer to employ expatriates…

The Pensioner Bondholders Forum suspended picketing at the Finance Ministry on June 27. This follows the resumption of payments of the coupons by the government on June 27. On June 22, the pensioner Bondholders began a third round of…

Africa must reposition itself in readiness to welcome car manufacturers to bolster its own supply and boost its prospects for regional trade as the rest of the world is confronted with economic development headwinds. Mr K.T Hammond, the…

The Bank of Ghana(BoG) has taken stringent action against Fidelity Bank and First National Bank Ghana Limited for breaching sections of the Ghana Interbank Forex Market Conduct rules. BoG has fined Fidelity Bank Ghana Limited and First…

The Director and Head of the Payment Systems Department at the Bank of Ghana (BoG), Dr Amediku Settor has urged Ghanaian commercial banks to work with the Pan African Payment Settlement System (PAPSS) to enhance cross-border payments to…

The United States Government is supporting some 17,000 Ghanaian farmers with a $7 million fund project to be resilient during the lean season, spanning from June to August 2023. The USAID one-year Farmer Support Activity would be…

As the July 1, 2023, scheduled date for the commencement of this year’s close fishing season draws near, fishermen at the Tema Canoe Beach, say they are taking measures to stock food for their families during the period. The fishermen…

In a bid to promote the sustainability and growth of the automobile industry in Ghana, the Automobile Assemblers Association of Ghana has called upon the government, particularly the Ministries of Finance and Trade and Industry, to expedite…

Deputy Minister for Trade and Industry, Dr. Stephen Amoah has raised concerns about the potential negative impact of excessive interest rate hikes on trade and industry, particularly in light of the persistent inflationary pressures…