By Mohammed Awal GHANA Home Loans (GHL), a mortgage finance institution has introduced a new product line, ‘Quick Cash’ aimed at providing Ghanaians the chance to access instant cash with little or no effort.
Category: Investing
Ghana Borrows¢2bn Every Month-Opposition Party Claims
Ghana’s largest opposition party-the New Patriotic Party (NPP) is at a lost at which the Mahama-led government is borrowing at a rate of GH¢2billion every month.
Ebola Outbreak: World Bank Allocates $105 Mln To Guinea, Others
THE World Bank Group’s (WBG) Board of Executive Directors today approved a $105 million grant to finance Ebola-containment efforts underway in Guinea, Liberia, and Sierra Leone to help families and communities cope with the economic impact of the Ebola outbreak.
Ghana To Get Financial Assistance From IMF
GHANA’S Deputy Minister of Finance, Mona Quartey has assured that the country’s economic bailout programme with the International Monetary Fund (IMF) would come with some financial assistance.
Doing Business In Sub-Saharan Africa
DOING business in sub-Saharan Africa is a challenge, but those who are undeterred by a business environment that may not be as easy as it may be in other countries could reap high rewards, according to Dr Thomas Höppli, economic research analyst for the South African Institute of Professional Accountants (Saipa).
Investors Gearing Up For Global African Investment Summit
INVESTORS representing more than $265bn of capital under management will convene at the Savoy Hotel in London, UK on 21st and 22nd October for The Global African Investment Summit (TGAIS) to review bankable projects across four sectors – agribusiness, natural resources, power and infrastructure.
Ghana’s Inflation Hits 4-Year High
GHANA’S inflation rate has risen to 15,9 percent, reaching a four-year high. The rate rose up from 15,3 percent from July, the highest recorded since January 2010. Officials of the Ghana Statistical Service (GSS) attributed the increase to rising prices of housing, water, electricity and other fuels in the non-food component.
“Spending Like There Is A Tomorrow”
By Sri Mulyani Indrawati In June, Kenya set a new African record. At $ 2 billion, the country’s sovereign bond debut was four times oversubscribed. Only one month later, Senegal broke this high. Zambia and Cote d’Ivoire have been similarly successful in what some call an African bond bonanza. Interest rates in traditional markets are […]
Mahama Unveils Mara Mentor Network To Support Young Entrepreneurs
By Mohammed Awal, Flagstaff House, in Accra, Ghana Ghana’s President, John Dramani Mahama has launched the Mara mentor network, an online mentoring network aimed at providing mentorship for young entrepreneurs in Ghana indicating that the youth terribly need mentorship.
AFP, SAPA End Content Deal
Global news agency Agence France Presse (AFP) has announced that its English news content will no longer be available via SAPA (South African Press Association) in the new year. Harry Lee-Rudolph, Commercial Manager for AFP southern Africa said “SAPA and AFP has had a long and mutually beneficial relationship and the decision to withdraw our […]