Local insurance companies strategize for recapitalization

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Some indigenous insurance companies are confident they will meet the industry regulator’s directive on recapitalization. According to them, adequate strategies are being put in...

World Bank supports Ghana to strengthen debt management

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Ghana has received support from the World Bank to strengthen its institutional capacity in domestic revenue mobilization, public investment management, debt management, and governance...

Nigerian economy slips into recession

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Nigeria has slipped into recession, with the latest growth figures showing the economy contracted 2.06% between April and June. The country has now seen...

Government may withdraw Fiscal Stabilization levy in 2017

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Ministry of Finance is working to withdrawal the National Reconstruction Levy which imposes 5 percent pretax on profits of some businesses by next year. The...

IMF team in Ghana to finalise work on third review

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The visiting International Monetary Fund (IMF) staff mission to Ghana on Monday began work to assess the country's performance in completing work on some...

Mobile money poses no threat to the banking sector-Beige boss

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The Chief Executive Officer of BEIGE Capital, Mike Nyinaku, has asserted that the Mobile Money service poses no threat to the future of the...

Apple facing record bill for Irish tax

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Apple could be ordered to pay billions of euros in back taxes in the Republic of Ireland by European Union competition officials. The final ruling,...

VAT on fuel: Who’re the beneficiaries? – COPEC

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The Executive Council of the Chamber of Petroleum Consumers Ghana (COPEC) has raised questions about which institutions are benefitting from the 17.5 per cent...