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Business News (33)

News about Business and finance in Ghana.

Saturday, 25 June 2011 09:58

MPs angry with banks over high interest rates

Written by Chive editor
After years of complaints by small-scale businesses and consumers of all ranks over high interest rates charged by banks, Ghana’s Parliament has made a bold move to probe the issue of huge disparities between Bank of Ghana’s base rate and the interest rates of the various commercial banks operating in the country
Members of Parliament have expressed concerns over high interest rates in the country and have appealed to government to establish a Financial Service Authority to be responsible for safeguarding and ensuring fair interest of financial services for consumers within the financial sector
Wednesday, 06 July 2011 05:17

GHACEM Pays GH¢1.1m To Government

Written by Chive editor
GHACEM Limited last Thursday presented a cheque for GH¢1,147,600 as final dividend for the year 2010 to the Government of Ghana. This dividend, which represents government’s five percent shares in the company, was declared at the company’s Annual General Meeting (AGM), held on 9th June 2011
Ghana's total oil revenues, based on an average daily production of 84,737 barrels at an estimated price of 100 dollars a barrel, is forecast at GH¢1.25 billion for 2011, Dr Kwabena Duffuor, Minister of Finance and Economic Planning, said on Thursday
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