Police block PDS demo against govt
A planned demonstration against government by Civil Service Organisations (CSO's) over the botched Power Distribution Services (PDS) deal has been foiled by the police.The...
NAM1 must publish evidence of $39 million Dubai debt – Amanda Clinton
The lawyer for Aggrieved Menzgold Customers, Amanda Clinton, has called on Chief Executive Officer of embattled gold dealership firm Menzgold, Nana Appiah Mensah, to...
Audio: Don’t defreeze NAM 1’s accounts – Menzgold customers appeal
Customers of defunct Menzgold are warning that defreezing the account of Chief Executive Officer (CEO), Nana Appiah Mensah, also known as NAM 1, will...
Read: What Receiver of collapsed savings and loans intends to do with depositors’ funds
Eric Nipah, Receiver of Savings and Loans entities, which licences have been revoked, has allayed the fears of customers, saying the government has made...
23 Menzgold customers dead so far; most bedridden
Since the shutdown of Menzgold Ghana Limited up till now, 23 customers have given up the ghost.“Most of them are also bedridden,” a customer...
Collapse of savings and loans companies: Payments to begin within 7 days
The Receiver of the 23 collapsed savings and loans companies and finance house companies, Eric Nana Nipah, says he will commence payments to...
Audio: Shut down of GN Savings and Loans attempt to ‘murder’ Nduom – Groupe Nduom Veep
The Vice President of Groupe Nduom has described as irrational the Bank of Ghana’s (BoG) statement that sought to justify why GN Savings and...
Audio: We sold property of Akwatia Diamond as scrap – Former GM
A former General Manager (GM) of Consolidated Diamonds Ghana Limited (GCDGL) has confirmed the company sold some plants built by the Europeans as scraps.The...
Video: Menzgold customers are not greedy – NAM1
The Chief Executive Officer of embattled gold dealership firm, Menzgold, Nana Appiah Mensah, has denied media reports that customers of Menzgold Ghana Limited are...
I am willing to pay my customers -NAM1
Chief Executive Officer of embattled gold dealership firm, Menzgold, Nana Appiah Mensah, says he is willing to pay his customers but expects the government...
Fabewoso: How Akwatia Diamond Company collapsed
A group, calling itself Akwatia Development Association, is accusing new management of Great Consolidated Diamonds Ghana Limited (GCDGL)-Akwatia Diamond Company Limited- of shortchanging them.The...
Video: Menzgold not a Ponzi scheme – NAM 1
"People will contest what they do not know. There is a huge debate over whether ghosts exist." That was the answer given by embattled...
I was framed by Horizon Diamond Company in Dubai – NAM1
Chief Executive Officer (CEO) of Menzgold, Nana Appiah Mensah, popularly known as NAM1, has revealed that he was framed by Arabian debtor, Royal Horison...
GRA staff urged to abide by codes of conduct
The
Commissioner-General of the Ghana Revenue Authority (GRA), Emmanuel
Kofi Nti has reiterated the call on staff of the Authority to uphold
the code of...
Savings and Loans sector cleanup: BoG approach should have been less destructive
President
of the National House of Chiefs, Togbe Afede XIV is unhappy with the
manner in which the Bank of Ghana (BoG) handled its...
Nduom writes: The wrong we did? Our story
In 1997, we set out to invest and develop “the People’s Bank”. After nine years of planning, preparation and interactions with the Bank of...
Savings and Loans companies in good standing
Below are the Savings and Loans companies that are currently in good standing, according to the Bank of Ghana (BoG):ABii National Savings and Loans...
No 100% assurance to depositors with axed Savings and Loans companies
The Bank of Ghana has said it cannot provide full
assurance to depositors whose monies have been locked up in 23 Savings and
Loans companies which...
Cronyism, exceptionalism killing local financial institutions – Wereko-Brobby
Former boss of the Volta River Authority (VRA), Dr Charles Wereko-Brobby has bemoaned the growing canker of cronyism in the country noting that it is...
Shocked Nduom reacts to shut down of GN Savings and Loans by BoG
The Chief Executive Officer (CEO) of Groupe Nduom, Dr Papa Kwesi Nduom, has described as "widely inaccurate" the Bank of Ghana's (BoG) statement...
Full List of licensed Savings and Loans companies as at August 16
The Bank of Ghana (BoG) says about 25 Savings and Loans companies and 11 finance houses are currently in good standing and would, therefore,...
BoG collapses Dr Duffuor’s Unicredit Savings and Loans Limited, 22 others
The Bank of Ghana (BoG) has revoked the licences of 23 insolvent savings and loans companies and finance house companies.The affected companies include...
GN Savings and Loans, 22 others closed down
The Bank of Ghana (BoG) has revoked the licences of 23 insolvent savings and loans companies and finance house companies.The BoG has also appointed...
StanChart donates to Accra Rehabilitation Center
Staff of Standard Chartered last Friday
undertook a clean-up exercise at the Accra Rehabilitation Centre and also
donated assorted items for the upkeep of the students...
Video: All roads lead to Nungua Junction Mall for Adom TV’s ‘Wo Nsa Ano Adwuma’ runway show on Saturday
Adom TV's popular sewing contest, 'Wo Nsa Ano Adwuma', is set for a runway show on Saturday, August 17 at the Nungua Junction Mall...
Current PBC administration piling up debts – Former PBC executive
The former Deputy Managing Director in-charge of operations at Produce Buying Company (PBC), Nana Agyenim Boateng, has accused the current administration of piling up...
Cocoa farmers in Asante Akyem cry over poor roads
Cocoa farmers at Densereso and Adansi in the Asante Akyeam South Municipality of the Ashanti Region are appealing to government to, as a matter...
Hills Oil Marketing Company sets record straight over 2018 Auditor- General’s Report
A PRESS STATEMENT ON THE DEFAULT IN TAX PAYMENT PUBLISHED BY THE 2018 AUDITOR-GENERAL’S REPORT; ISSUED BY HILLS OIL MARKETING COMPANY LIMITEDHills Oil...
NPA engages with stakeholders on Cylinder Recirculation Model
The Cylinder Recirculation Model (CRM) stakeholder engagement, an initiative by the National Petroleum Authority (NPA), which took place in Bolgatanta in...
Audio: Auditor-General chases monies paid dead pensioners
The Auditor-General (AG) has recommended that an embargo be placed on the allowances of deceased pensioners.This follows the revelation that more than GH¢236, 000.00...
First Insurance pays GHC 150,000 to ‘Life Policy’ holder
First Insurance Company Limited has paid life
insurance claim of Gh¢ 150,272 to the family of a deceased client, Raphael
Boama Bonsu, in Kumasi.The amount, which...
Audio+Photo: What you may not know about eating new yam
The Feast of the New Yam is an occasion for giving thanks to God, and also to the gods and ancestors for a bumper...
GRA boss cries over politicisation of tax issues
The Commissioner-General of the Ghana Revenue Authority (GRA), Mr. Emmanuel Kofi Nti, has expressed grave concern over the politicisation of tax...
Govt committed to entrepreneurial support in Ghana – Mohammed Awal
Minister for Business Development, Ibrahim Mohammed Awal, says the Akufo-Addo-led government is committed to developing and supporting entrepreneurs in Ghana to reduce unemployment.READ: Akufo-Addo...
Ministry of Business Dev’t to train 2, 000 head porters
About two thousand female head porters, popularly known as kayayei, will be trained by government.The move, according to the Minister of Business Development, Dr...
Ghana Manganese Company demands $20m VAT refund
The Ghana Manganese Company (GMC) is demanding $20 million in VAT refund due it from the Ghana Revenue Authority (GRA) between December 2018 and...
Karpower shut down wont affect power supply – GRIDCo
The Ghana Grid Company (GRIDCo) is assuring stable electricity supply as Independent Power producer, Karpower shuts down its 470 powership for 17 days.READ:...
51% PDS shares were given out without evaluation – PIAC Chair
The
Chairman of the Public Interest and Accountability Committee (PIAC) has
questioned the process that gave 51% majority shares of Power
Distribution Service to...
Karpowership Ghana shuts down for relocation
Karpowership Ghana Company Limited has announced that its 470MW Karadeniz Powership Osman Khan will be off the grid on Tuesday, August 13, 2019 in...
PDS saga: Donewell backs govt’s decision to investigate deal
One of the insurance companies at the centre of the botched Power Distribution Services (PDS) concession agreement, has welcomed government’s decision to investigate...