Pulse business wrap IMF's Christine Lagarde to run for second term

She made her intentions known when she appeared on France 2 Television.

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IMF's Christine Lagarde to run for second term

The International Monetary Fund (IMF) boss, Christine Lagarde, has announced that she will seek for a second term in office when her term runs out July this year.

She made her intentions known when she appeared on France 2 Television.

So far, she has endorsements from France, Britain, Germany and China.

Read more:  IMF's Christine Lagarde to run for second term

ACEP charges banks to pay taxes on withheld Petroleum Revenues

Civil society organisation, the Africa Centre for Energy Policy is insisting that the banks that have been reported to have held the country's 83 million in Petroleum revenue to pay taxes.

The Public Accounts Committee of Parliament at its sitting on the 20th of January 2016, revealed that some Banks have withheld an amount of GHS83m for more than three years for reasons yet to be disclosed.

Read more: ACEP charges banks to pay taxes on withheld Petroleum Revenues

We go to the currency market now where

Currency                      Buying                         Selling

Dollar                             3.80                             4.1

Pound Sterling               5.40                             5.70 

Euro                              4.12                             4.42 

 

To updates from the stock exchange today

Ayrton Drugs Manufacturing Company Ltd and Ghana Commercial Bank Limited were the biggest losers dropping 2p to close at 12p and 2p to close at 3.75 repectively..., whereas HFC Bank Ltd recorded the biggest gains, gaining 8p to close at 1.10p

 

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