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Economy

Assess the repayment capabilities of borrowers before guaranteeing loan-BoG

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The Bank of Ghana (BoG) has cautioned loan guarantors to assess the repayment capabilities of the borrower before signing any credit or loan facility. The...
Economy

Strong manufacturing sector catalyst to import substitution – Dr Oteng-Gyasi 

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Dr Anthony Oteng Gyasi, an Industrialist, has asked the government to develop the manufacturing value chain with policies that will make domestic industries produce...
Business

For non-crypto digital assets, HSBC is setting up a custody service.

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HSBC (HSBA.L) plans to launch in 2024 a custody service for storing blockchain-based assets excluding cryptocurrency, the bank said on Wednesday. The service, which is a partnership...
Business

Deposit withdrawals, according to Metro Bank, have returned to “more normal ranges” following the capital boost.

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 Metro Bank (MTRO.L) on Tuesday posted a 5% drop in deposits in the third quarter, although the struggling British lender said that the increase in outflows...
Africa

Africa has huge markets for local products than Europe – GEPA  

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The Ghana Export Promotion Authority (GEPA) has called on processors and local businesses to target Africa markets instead of focusing their products and services...
Economy

Let’s fulfill our responsibility of paying taxes- Finance Minister

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Mr Ken Ofori-Atta, the Minister of Finance, has urged the public to fulfill their tax obligations to enable the government to generate revenue for...
Business

Russia currently has no intentions to remove limits on gasoline exports, according to Novak cited by RIA.

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Russia had no plans to lift restrictions on exports of fuel in the near future and easing the export limits will be possible only...
Business

Oil heads for weekly loss as the premium for geopolitical risk declines

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Oil prices were little changed on Friday, but headed for a second week of losses as supply concerns driven by conflict in the Middle...
Business

Block shares surge as Wall Street praises the buyback plans and the 2024 projection.

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Block's (SQ.N) shares jumped nearly 18% before the bell on Friday and were set to open at their highest since mid-September, rallying on the payments firm's...
Business

Lilly and Novo Nordisk observe an endless market for weight-loss medications.

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Novo Nordisk (NOVOb.CO) and Eli Lilly (LLY.N) both expect juggernaut sales for their diabetes and weight-loss drugs to extend into coming years - limited only by their availability. The...
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