02/06/2020
This comprises Banks (Ghs11.7bn), Savings and Loans/Microfinance Institutions (Ghs2.4bn), Fund Managers (Ghs1.5bn) and Ghana Amalgamated Trust (GAT) (Ghs0.8m)
02/04/2020
There has been a gradual rise in the interest rates for short-term government securities, attributable to the fact that the Treasury is under pressure to meet its domestic borrowing target.
02/04/2020
The analysis highlights that the lack of skilled and qualified workforce and lesser investments in cybersecurity has made West African banks vulnerable to cyberattacks including bank card fraud, phishing, intrusions, etc.
02/04/2020
It cited an African cybersecurity study by Demadiur Systems Limited, which revealed that banks, insurance companies and government institutions in Nigeria spent an estimated sum of $270.22m in 2018 to prevent cyberattacks.
02/04/2020
Initial successes include significant cost reductions at the national oil company (NOC) Sonangol that have led to the government deciding to list up to 30 percent of the company
01/31/2020
They’ll be coming at the end of this quarter sometimes in February or March.
01/31/2020
The real impact of this is that thousands of students can continue their studies without having to worry about funding them.
01/30/2020
As a result, MSMEs in MENA have among the lowest levels of usage of bank loans in the world, the statement said.
01/30/2020
Yatani acknowledged the fact that the Government of Kenya and France continue to enjoy very solid development cooperation, economic and business relations spanning over decades and that Kenya is committed to sustaining the relationship.
01/30/2020
Overall inflation is expected to remain within the target range in the near term due to lower prices of fast-growing food items following the continuing rains, and lower electricity prices.
01/30/2020
Below-potential economic growth and a near-term improvement in CPI favour more easing in Kenya.
01/29/2020
The UK is a long-standing strategic partner of the African Development Bank Group and its contribution to both the replenishment of the Fund and the capital increase of the Bank sends a strong signal of mutual trust.
01/29/2020
There is speculation that the lender has its eyes on 22 more countries on the continent, including South Africa, Ivory Coast, Liberia, Senegal and Angola.
01/29/2020
The Business Daily reached out to Equity, KCB and I&M but the banks were yet to comment on the matter by press time Monday.
01/27/2020
Investors were keen on the five-year tranche due to the dearth of short-term bond offers in recent months, with the government raising Sh44.5 billion on this tranche and Sh19.3 billion on the 10-year.
01/27/2020
The practice has come to be known as “catch and release” in common parlance.”
01/27/2020
If this is not the case, the legislation criminalises the promotion of investments in these unapproved or unregulated investment vehicles.
01/27/2020
Lawyers for a Portuguese computer hacker said on Monday he was responsible for revealing the dealings of Angolan billionaire Isabel dos Santos, a corruption scandal with fallout across Europe and Africa.
01/27/2020
This is in direct contravention of Namibian policy objectives aimed at capping foreign ownership in key business sectors.
01/23/2020
The appreciation in the rand appears to be mostly driven by external factors, specifically the pull back of the U.S. dollar as well as a bit of risk-off trade falling.