First National Bank Ghana has announced that it has temporarily halted the processing of new or pending foreign exchange transactions for 30 days due to ongoing engagements with the Bank of Ghana (BoG).
Givernement has reached an agreement with banks to restructure 15 billion Ghana cedi ($1.36 billion) of locally issued U.S. dollar bonds and cocoa bills, three sources close to the negotiations have told Reuters.
Ghana is on the verge of a severe power crisis in the coming days if immediate measures are not taken to address an outstanding debt of $1.73 billion owed to the Independent Power Producers (IPPs).
The Management and the Board of Directors of the Tema Oil Refinery (TOR) have said that the Company has an extensive list of ‘conditions precedent’ for the lessee, Torentco, to satisfy to demonstrate their capabilities.
MobileMoney Limited, a prominent player in the mobile financial services sector, has achieved a significant milestone by attaining the esteemed Global System for Mobile Communications Association (GSMA) Mobile Money certification.
Jospong Group has signed a Memorandum of Understanding (MoU) with the International Rice Research Institute (IRRI) to bring the latest and best rice technologies to Ghana.
The Atwimanso Community in the Amansie South District of the Ashanti Region experienced an atmosphere of excitement and jubilation as the launch of the Atwimanso Community Mining Scheme (CMS) promised to create 2,000 direct job opportunities for residents.
Telecommunication network AirtelTigo has undergone a significant rebranding initiative, unveiling its new name as AT, effective Thursday, June 22, 2023.
Guinness Ghana Breweries PLC and SNV Netherlands Development Organization have announced an initiative aimed at significantly enhancing sustainable production and supply of high-quality white sorghum for processing purposes in Ghana.
The Governor of the Bank of Ghana (BoG), Dr Ernest Yedu Addison, has called on stakeholders to leverage the potential of digital platforms and ecosystems to unlock trade and investments opportunities to foster regional integration.
The Governor of the Bank of Ghana, Dr Ernest Addison, has reiterated the Bank’s commitment to supporting digitalization and providing an enabling regulatory environment for financial institutions to unlock Africa’s trade, investment and commerce opportunities.
