The Bank of Ghana is expected to issue a five year bond in June this year.

The Government through the central bank is hoping to raise 200 million cedis to pay previous debts that are maturing.

A state-of-the-art gymnasium for the Northern Command of the Ghana Armed Forces in Kumasi, which is under construction, has been given a massive lifeline following the intervention of Dr. Kwame Kyei, chief executive of Unity Group of Companies, including Unity Oil and Light FM in Kumasi

 Business News on Accra base Fm station has learnt Access Bank has dragged the National Labour Commission to court over the commission’s recent ruling on the dismissal of some IBG staff following the merger of the two banks.

The United Bank for Africa Limited (UBA) has joined the top ten banks in the country in terms of profitability, Mr Oliver Alawuba, the Managing Director/CEO of the bank, has said.

The company’s annual report and financial statement for 2011 recorded a profit before tax of GH¢30.2 million, against GH¢13.9 million in 2010. This represents an

China Construction Bank (CCB) has posted 25% growth in net profit in 2011, but said the slowing global and domestic economies pose challenges.

CCB is the world's second largest bank by market capitalization with Bank of America as one of its shareholders.

Indian airlines will not to comply with the European Union's (EU) carbon taxation scheme, according to civil aviation minister Ajit Singh.

The EU has directed Indian carriers to submit emission details of their aircraft by 31 March.

European Central Bank President Mario Draghi has said the worst of the eurozone crisis is over.

In an interview with Germany's Bild newspaper, he said the situation in Europe was "stabilising".

Jaguar Land Rover (JLR) and Chery Automobile have agreed a joint venture that should pave the way for production of Jaguar and Land Rover cars in China.

A new, jointly owned company will be formed, with a view to also establish a research and development facility.

The National Pensions Regulatory Authority (NPRA) has issued licences to 45 institutions to begin the implementation of the new pension scheme.

Out of the number, 29 of them are to operate as corporate pension fund managers, nine as corporate trustees, while seven will serve as pension fund custodians.

Fashion retailer French Connection has said it is reviewing its UK store operations after reporting a sharp fall in profits.

Pre-tax profits fell to £5m for the year to 31 January from £8.9m the previous year, as losses widened at its flagship UK stores.

China's inflation rate has fallen to a 20-month low as food price rises eased, giving policy-makers room to stimulate the economy.

Inflation was 3.2% in February, down from 4.5% the previous month, the National Bureau of Statistics said. That is the lowest since July 2010.

Three accomplished young Ghanaians, Messrs Kimathi Kuenyehia, Sr., Bright Simmons and Fred Swaniker, were today named Young Global Leaders (YGLs) by

the World Economic Forum (WEF) for their extraordinary achievements in various fields below the age of 40. 

Apple's stock market value closed above $500bn (£314bn), cementing its position as the world's most valuable company.

Only six US firms have ever been worth more than $500bn. Oil giant Exxon was worth that much in 2007, Microsoft was briefly worth $600bn in 2000.

Airtel Ghana has said it is largely satisfied with the SIM registration exercise currently in its closing stages. 

The National Communication Authority (NCA) has given Saturday, March 3, 2012 as the deadline for mobile subscribers to register their SIM cards or face deactivation. 

Mobile phone subscribers who have registered their SIM cards but are yet to be validated will not be affected by the deadline for registration,  the Minister of

Communications, Mr Haruna Iddrisu, has said.

Sharp differences have emerged between the Ministry of Lands and Natural Resources and the Ghana Chamber of Mines (GCM) over the quantum of royalties which should be paid to mining communities.

As part of efforts to enhance food security in rubber growing areas in the Western and Central Regions, the Ghana Rubber Estates Limited, GREL, has in

partnership with B-BOVID, an innovative and transformational agro-processing company in the Western Region, signed a partnership agreement to assist small

HFC bank has denied talks to merge with any bank in order to meet the Bank of Ghana’s minimum capital required to operate.

The bank’s comments follows recent media reports that it is in crunch merger talks with CAL bank to meet the central bank’s 60 million cedi stated capital by December this year.

The Food and Drugs Board (FDB), on Wednesday, following a tip off, impounded fake products belonging to Multi Giant Ventures.

They include cartons of assorted fake alcoholic beverages, 250 liters of ethanol, two gallons of flavorings, quantities of alcoholic beverage labels, bottle cups, empty bottles and paper cartons.

South African Airways has been awarded the official 4-Star Airline ranking for 2012 by SKYTRAX , the independent, global airline rating organisation.

This 4-Star Airline ranking, according to management, recognises the sustained improvement in South African Airways onboard product and service, together with