Two weeks into the 19th edition of the World Cup, the local currency has been under immense pressure from the major foreign currencies, forcing it to depreciate on the market.

The World Bank Board has approved financing in the amount of US$44.7 million from the International Development Association (IDA) to the Government of Ghana as additional funding for the ongoing eGhana Project.

The Fair Wages and Salaries Commission (FWSC), on Monday petitioned National Labour Commission (NLC) against the conduct of Civil and Local Government Staff Association,

A base-line survey report conducted by Youth Bridge Foundation, a Non-Governmental Organisation (NGO), in 2009 indicated that the youth had not shown interest in Ghana's budgetary issues.

Barclays Bank Ghana pays the least on depositors’ funds out of the total of 26 banks in the country, the latest report of the Central Bank has revealed.

According to the latest 2010 Banking Survey, which was conducted by accounting professionals, PricewaterhouseCoopers, Ghana Commercial Bank (GCB) and Barclays Bank, control 25.1 percent of the market share.

The Bank of Ghana has postponed the implementation of new risk management standards for banks. The Central Bank has set 2012 as the new deadline for banks to adopt new standards expected to minimize the level of risk depositors' funds are exposed to.

Ghana and other West African countries are not yet ripe for a common currency like Europe because of numerous trade barriers and other commercial challenges facing the region, the Governor of Central Bank of Nigeria, Sanusi Lamiso, has said.

Profit levels of banks in the country have dropped from 30.4 percent in 2007 to 19.7 percent in 2009, with the big ones appearing nowhere near the top of the chart, findings of a survey conducted by PricewaterhouseCoopers have shown.

For the second time this year, the 9th Ghana Banking Awards, which was expected to come off last Saturday, has been slated for July 31, 2010 due to technical reasons.

The International Finance Corporation (IFC) says its investments in Ghana alone presently stand at $533 million. According to the private sector arm of the World Bank, it has investments in oil and gas, mining and agriculture sectors such as the oil palm industry among other sectors.

Fidelity Bank is to roll out the first set of its Post Office-based banks from October this year. The bank is hoping that a total of 20 branches will be launched in the first phase of the rollout.

The management of Prudential Bank Limited (PBL) , on Wednesday opened its 27th branch at Adentan in Accra with an appeal to

The World Bank Group is in the process of developing a global strategy in the palm oil sector through an open and participatory discussion with diverse group of stakeholders to ensure a common approach across the world.

Mr Sam Addo of Accra and Wa-based Police officer Nana Justice Amo emerged winners of two separate World Cup raffle tickets organised by Stanbic Bank Ghana Limited.

Addressing Ghana's infrastructure deficit would require a sustained spending of 2.3 billion dollars annually over 10 years, with more than half the amount allied with the power sector alone, according to recent research findings.

Ghana, between 2007 and 2009, lost approximately €36 million, in mining revenues that have been repatriated without the necessary taxes to government, a new report on mining has said..