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Government is being urged to devise policies to force the cost of borrowing down to levels below 20 percent to lubricate the business environment. The high cost of borrowing which culminates into a high interest in servicing loans remain…
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The head of South Africa’s anti-corruption watchdog, Busisiwe Mkhwebane has confirmed a R250‚000 payment into Eastern Cape Premier Phumulo Masualle’s private account was among a litany of irregular transactions made with money meant for…
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Some 60 percent of eligible women in Japan are reluctant to start a love relationship due to the growing burden at work, The Japan Times reported Saturday citing a survey at cocoloni.jp, an online dating advice service. As women today…
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A 709 carat uncut diamond discovered in March 2017 by a group of miners in Sierra Leone fetched $6.5m at a New York auction on Monday (December 4, 2017). The stone was found by one pastor Emmanuel Momoh in Koryardu, located in the…
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The killing of Ali Abdullah Saleh, the former Yemeni president, removes the country’s most important political figure for four decades from a complex equation that has plunged the Arab world’s poorest nation into conflict and sparked the…
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Theresa May is under pressure to get an agreement from the Democratic Unionist Party (DUP) on the status of the Irish border when the UK leaves the EU. The prime minister pulled out of a deal with Brussels that would have kick-started…
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The Minister of Health, Kwaku Agyemang-Manu, has been summoned to Parliament over the recent deaths of students at Kumasi Academy. Joe Osei Owusu, serving as the Speaker of Parliament on Tuesday, directed the Health Minister to brief the…
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Local airline, Starbow, has sacked scores of its workers. It is unclear how many workers have been dismissed, but Citi Business News has gathered that the dismissal affected top management, flight and grounds staff. A letter sighted…
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It has now emerged that Fusieni Hamza, the accounts officer of the Ghana Revenue Authority (GRA) standing trial at the Tamale High Court for allegedly embezzling GH¢310, 909.96 has not been able to account for GH¢2.43 million belonging to…
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Legendary Highlife Singer, Daddy Lumba has expressed his profound gratitude to the Minister of Tourism, Arts & Culture, Catherine Afeku, for appointing him as Ghana’s tourism ambassador. The highlife musician, who said he never…
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