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Holders of Bank accounts have been advised to add payable-on-death (POD) or transfer-on-death (TOD) beneficiaries to their accounts as the simplest way to leave  to heirs any investment in the event of death. Reverend Edward…

1. The Gold for Oil (G4O) Programme is an initiative of the Government of Ghana to use the existing Bank of Ghana (BoG) Domestic Gold Purchase (DGP) Programme to support the import of petroleum products into Ghana. 2. The prime objective…

Ghana plans to convert an estimated 40 billion cedis ($3.3 billion) of loans owed to the Bank of Ghana into bonds, making the Central Bank the single largest holder of domestic government securities and exposing it to the ongoing debt…

The MTN Group has said it remains confident in the Ghanaian economy and its future prospects and therefore maintains its planned investment and developmental initiatives in the country over the medium-term to drive digital and financial…

President Nana Akufo-Addo on Friday urged Germany to “encourage” China, an ad hoc member of the Paris Club, to support Ghana’s debt restructuring efforts. He said it is critical that the Paris Club swiftly establishes, with the…

The Government has been advised to use a three-thronged approach of fiscal and structural adjustment and debt restructuring to ensure debt sustainability in the shortest time possible. Specifically, the Government has been urged to…

The international body of association of airlines is warning Ghana against any move to prevent the repatriation of profits by its members. The International Air Transport Association (IATA) said there was the need for the country to…

Legal representative of the Individual Bond Holders Association of Ghana (IBHAG), Martin Kpebu, says members of the association are holding on to their existing bonds based on earlier assurances from the Finance Minister. In a meeting…

Crude oil prices fell on Friday afternoon following reports of strong U.S. jobs data, with WTI crashing by more than 2.5% to $73.88 The U.S. January jobs report indicates that the jobs market is stronger than expected, with employers…

Europe has raised its imports of fuels from the Middle East and the United States in preparation for the EU ban on seaborne imports of Russian refined petroleum products. Just ahead of the ban, Europe was still the biggest buyer of…