Foreign accounts in Ghana: What you need to know

foreign accounts

If you are considering opening any of the foreign accounts in Ghana then there are a few things here you should be aware of. See also: Is Treasury bill investment worth it? What is a foreign account? Foreign accounts refer to bank accounts which are denominated in a currency different from

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Profits of SAS fortune fund drop in 2015

SAS fortune fund

The bearish economic outlook for 2015 had significant impact on performances of various sectors of the economy for the year. Figures released by the managers of the fund showed that the fund decreased by GH¢ 0.0036 to close the year at GH¢ 0.5064. The fund also made a total return

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A simple 4-step approach to create your budget

budget approach

A key point about financial independence is to figure out where our money goes. Certainly, without an appropriate plan or method, not all that we spend on can get detected. This is one reason budget becomes necessary in our personal financial management since a well-planned budget tells your money where to

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Some workers in Tema lose jobs over return of ‘dumsor’


Some companies in the Tema Industrial area have begun laying off workers due to the recurring power challenges, popularly called “dumsor”. Speaking to Citi News’ Elvis Washington, the Tema Regional Officer of the Industrial and Commercial Workers Union, Eleazer Nyaunu disclosed that over 300 workers in the area are scheduled

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Inflation declines to 18.4 percent in June 2016

The Consumer Price Inflation (CPI) for June, declined marginally to 18.4% from 18.9% in May 2016. The monthly change rate was 1.3% in June 2016 compared to 1.1% recorded in May this year. According to the Ghana Statistical Service (GSS), food inflation went up to 8.6% in June compared to 8.5% in May

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