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Minority wants bi-partisan probe into collapse of UT, Capital Banks

The Minority in Parliament is demanding a bi-partisan probe into the circumstances surrounding the collapse of two indigenous banks in Ghana. Cassiel Ato Forson who...

I’m not greedy – Zoomlion Boss

Executive Chairman of the Jospong Group of Companies, Joseph Siaw Agyepong, has dismissed suggestions that greed drives his business interests. According to him, he is...

UT Life not affected by UT Bank takeover

The Management of UT Life Insurance Company Limited says the recent announcement by Bank of Ghana on the takeover of UT Bank by GCB...

UT and Capital banks were on life support for 2years – BoG

The Bank of Ghana (BoG) says the forced takeover of UT Bank and Capital Bank on Monday morning is an action of last resort...

UT Bank, Capital Bank collapse: No panic withdrawals so far – BoG

There has not been any panic withdrawals at various branches of both Capital and UT Banks, following GCB Bank’s takeover of both banks, Bank...

We’ll address threat to industries – Akufo-Addo

President Akufo-Addo has emphasized that his government is working in earnest to create ways for industries to thrive and become a major source of...

Gov't at execution phase of industrialisation programme – Akufo-Addo

President Nana Akufo-Addo has appealed for the private sector as government begins the implementation phase of its programme of industrial transformation of the country. He...

“Ghana to increase export volumes under AGOA to $500m 2020” – Akufo-Addo

The President of the Republic, Nana Addo Dankwa Akufo-Addo, says his government is in the process of finalising Ghana’s new Africa Growth and Opportunity...

Technical assessment of ECG assets underway – Agyarko

The Minister of Energy, Boakye Agyarko, has disclosed that a technical assessment to ascertain the value of all assets of the Electricity Company of...

Ofori-Atta pushes for Ghana as an International Financial Centre

Finance Minister, Ken Ofori-Atta, has said with a stable political climate, sustained macroeconomic indicators, an advantageous geographical positioning, and strengthened local banks, the country...

Video: No bank faces UT, Capital banks fate – BoG rules out further collapse

The Bank of Ghana has urged depositors, there is no cause for panic following the collapse of two Ghanaian-owned banks. "I can emphatically tell you...

PHOTO: GCB rebrands UT head office

The rebranding of one of the two collapsed Ghanaian-owned banks, UT Bank, which has been taken over by GCB Bank, has started barely hours...

Ghana’s oil revenue rises by 67% in first half of 2017 – BoG

Latest figures have shown that revenue from Ghana’s oil production increased by 67 percent for the first half of 2017 compared to the same...

HOT AUDIO: BoG withdraws licenses of UT, Capital Bank

Bank of Ghana (BoG) has revoked the license of UT and Capital Bank. The action has been triggered by the inability of the two banks...

Over 3k public workers to lose salaries

3,000 government workers are yet to complete their registration unto the SSNIT biometric database, which will affect payment of their salaries. A Deputy Minister of...

‘Planting for food’ farmers to be allocated warehouses

The Government is to allocate warehouses to off-takers of the planting for food and jobs programme to enable them to stock excess food during...

Expresso Ghana finally sold

Adom News can confirm on authority that Sudan Telecom (Sudatel) has finally sold all of its shares in Kasapa Telecom Limited (Expresso Ghana) to...

BoG infringed on rights of Menzgold; risks judgement debt – Lawyer

A private legal practitioner says the central bank may have infringed on the right of Menzgold Investment Company when its Second Deputy Governor went...

Study shows African women use mobile internet more than men

A study has found that women in Africa are tech-savvy in the use of mobile internet to empower and entertain themselves compared to men. It...

Fishing activities to be halted in August 2018 – Fisheries Alliance

The co-convener of the Fisheries Alliance, Richster Nii Armah Amarfio has said the Fisheries Commission is working with the implementers of the Sustainable Fisheries...

Hot audio: 'Komenda Sugar Factory never produced sugar'

The revamped Komenda sugar factory in the Central region never produced even a cube of sugar. Deputy Minister for Trade and Industry, Robert Ahomka...

Akufo-Addo to cut sod for new cement factory in Tema

President Nana Addo Dankwa Akufo-Addo will lay the foundation stone for the construction of a technologically advanced cement grinding factory for CBI Ghana at...

OccupyGhana wants BoG, SEC probe into Menzgold operations

Pressure group, OccupyGhana has called on the central bank, the Securities and Exchange Commission and the Minerals Commission to probe deeper into the business...

Airtel launches special hajj offer for pilgrims

Airtel Ghana, the Smartphone Network, has unveiled a special Hajj Bundle offering a whopping 200% discount on calls for Hajj Pilgrims to Saudi Arabia...

'I pity investors coming to Ghana'

The General Secretary of the Textile, Garment and Leather Employees' Union (TEGLU), Abraham Koomson is skeptical about economic recovery under the Akufo-Addo-led administration. According to...

Eat more cocoa for better health – COCOBOD urges Ghanaians

Ghanaians have been advised to consume more cocoa for a healthier life since it has immense health benefits. A Deputy Public Affairs Manager at Ghana...

Inflation drops to 11.9%

Inflation has dropped again for the month of July from 12.1 percent in June to 11. 9 percent. The June’s fall is the lowest since...

GOT – Growing Our Tourism( Episode 1) – Tourists

GOT , Episode 1. Of course with all the ‘’craze’’ in town and the hype surrounding it, you may we thinking about the very...

We don’t take deposits – Menzgold replies BoG

Menzgold Company Limited, an investment company has denied reports that it takes deposits from its customers. The Corporate Manager of the company Nana Yaw Offei...

Finance Ministry starts settling GH¢3.4 billion Gov't debt

The Ministry of Finance has begun the process of settling its indebtedness of GH¢3.4 billion to some companies as part of efforts to save...

Gov’t to establish fertilizer plant at Jomoro

The President of the Republic, Nana Addo Dankwa Akufo-Addo, has revealed that his government, through the Ghana National Petroleum Corporation (GNPC) and the Ghana...

Weekend hacks; 5 relaxing ways to enjoy the best weekend

When Friday comes, the shout of “Thank God it’s Friday” is usual in offices and workplaces. It is an ecstatic feeling especially for the corporate...

Airtel Ghana leads in Social Media engagement with customers

Airtel Ghana, the Smartphone Network, continues to demonstrate leadership and innovation in the use of Social Media to engage with customers and relevant stakeholders....

Dr Maxwell Opoku Afari appointed First Deputy Governor of BoG

The current Deputy Division Chief of the International Monetary Fund (IMF) Dr Maxwell Opoku Afari has been appointed as the First Deputy Governor of...

Iran to construct chocolate factory as part of ‘1-district, 1-factory’

Government has signed an MOU with the Republic of Iran towards the construction of a 30,000 metric tonnes-capacity chocolate factory in Ghana. The project will...

Ghana must invest more in agriculture – Israeli Ambassador

Ghana requires substantial and fresh investments in the agricultural sector if the country is to boost growth of the economy sustainably, the Israeli Ambassador...

“Western rail line to be completed before 2020” – Joe Ghartey

The Minister for Railways Development, Hon. Joe Ghartey, has assured that before the end of President Akufo-Addo’s mandate in 2020, the rehabilitation and construction...

We’re serious about a Ghanaian-owned economy – Veep

Vice President Dr. Mahamudu Bawumia, on Monday, said the Government has established the framework of ensuring that 70 per cent of tax-payer funded contracts...

We will develop communities in Atuabo enclave – Ghana Gas CEO assures

The Chief Executive Officer (CEO) of the Ghana National Gas Company (Ghana Gas), Dr Ben Asante has assured communities around the Atuabo Gas enclave...

Digital currency could spark African financial revolution

Cryptocurrency – or simply put, digital currency that uses cryptography as security – and blockchain, the technology it runs on, provide opportunities to reach sub-Saharan...