$350m LNG terminal deal sealed in China
Tema LNG Terminal Company Ltd. on Sunday, September 2, 2018, signed an agreement with China Harbour Engineering Company, for the construction of a Liquefied...
Cal Bank Financial Officer jailed 4 years for stealing
A circuit court in Accra has sentenced an Accounts Officer to four years imprisonment in hard labour for stealing cash in the sum of...
MTN IPO raises about ¢444m from Ghanaians
Official figures from MTN’s Initial Public Offer (IPO) indicates that about GH₵444m out of the GH₵1.14 billion raised came from Ghanaians, representing about 38.69%.About...
GUTA to close shop in protest against CTN
Ghana Union of Traders Association (GUTA) has declared nationwide strike starting from Monday 3rd September to 5th September, 2018 by closing their shops to...
GNPC reacts to Global Haulage property acquisition saga
The Ghana National Petroleum Corporation (GNPC) in a press release, has responded to recent publications and news items on the acquisition of residential properties in...
Fabewoso: BoG to blame for bank collapse [Video]
 The Bank of Ghana cannot absolve itself from blame over the recent collapse of seven indigenous banks due to laxity on its part, Adom...
NDC will return collapsed banks to owners unless ‘tangible wrong’ established – MP
Bolgatanga Central Legislator, Isaac Adongo, has solidarised with shareholders of collapsed banks, explaining that the attempt to describe them as thieves was uncalled for...
Finance Minister Floors CHRAJ Over $2.25bn Bond
The findings made against Finance Minister, Ken Ofori-Atta, by the Commission on Human Rights and Administrative Justice (CHRAJ) in the $2.25 billion bond saga...
Ghana and Cote D’Ivoire launch CSSVD control programme
Ghana and Cote D’Ivoire have launched a joint action to step up efforts at fighting the Cocoa Swollen Shoot Virus Disease (CSSVD) Control Programme...
BoG makes major changes at top management level
The sources say, however, that the changes have...
Panic withdrawals trigger staff layoffs
Some financial institutions and savings and loans companies have started closing down some of their subsidiaries which have little staff strength.This is to forestall the effects of panic withdraws which...
Fabewoso: Capital Bank saga part 3 [Video]
More details about the collapse of Capital Bank was revealed on Adom FM's anti-corruption segment on the morning show, Fabewoso Monday.Show host, Captain Smart has identified...
Freight Forwarders on strike over CTN policy
Ghana's Freight Forwarders Association is calling on government to suspend the implementation of the Cargo Tracking Note (CTN) policy.Members of the association say the...
Consolidated bank sacks over 400 former Beige bank staff
At least 400 workers of defunct Beige bank are set to exit the company from Monday (August 27, 2018) following a restructuring by the...
Uber removes driver accused of attacking rider
Ride-hailing firm, Uber, has removed the driver who was accused of assaulting a passenger after a dispute over a fare.Uber, according to a statement, took...
DKM customers clash with Minister over payment [Video]
The customers of DKM Financial Services are accusing President Nana Addo Dankwa Akufo-Addo and his ministers of not honouring the promise of retrieving their...
BOST Board Chairman resigns over collapse of Sovereign Bank
Board Chairman of the Bulk Oil Storage and Transportation Company (BOST) has resigned from office over the collapse of Sovereign Bank, one of five...
Panic withdrawals hit some savings and loans companies
Some savings and loans companies in the country have been hit by panic withdrawals.The development has already made it difficult for these companies to...
Over-reliance on natural resources not answer for Ghana Beyond Aid – Expert
Some experts have warned the government against the over-reliance on the country’s natural resources as part of its commitment to move the country beyond...
Strengthen BoG to build up small local banks – Nduom
Dr Papa Kwesi Nduom, Chairman of Groupe Nduom, says the Bank of Ghana should be strengthened with the requisite resources to support small, local...
BoG might have been misled by KPMG – Dr. Oduro Osae
A legal consultant, Dr Eric Oduro Osae, says the Bank of Ghana (BoG) may have been misled by the report submitted by KPMG to...
Less than ¢255K was stolen from us, not ¢110M; CalBank clarifies
CalBank has denied media reports that an Ivorian has been arrested for syphoning over GH¢110Million from the bankAccording to a press statement released by...
Give me back my bank – Duffour sues BOG
Former Governor of the Bank of Ghana and major shareholder of the defunct uniBank Ghana Limited, Dr Kwabena Duffuor, has sued the central bank...
Small-scale mining should be banned – Ken Agyapong
Outspoken Member of Parliament for Assin Central, Kennedy Agyapong is hinting Ghana will soon be inhabitable if the ban on small-scale mining is lifted.He...
Amewu to attempt AMERI III negotiations
Mr John Peter Amewu, the Energy Minister, on Monday said he would hold further engagement with managers of the Africa and Middle East Resources...
NPA clears Globex Energy over tax evasion
The National Petroleum Authority (NPA) has cleared Globex Energy Limited to do business in all petroleum downstream activities.Earlier in a press release, the NPA...
We’ll go after bank fraudsters — Gov’t
The government has given a firm indication of its preparedness to hold persons involved in the unethical and criminal conduct in the banking sector...
Prince Amoabeng breaks silence on the collapse of UT Bank a year after
Prince Kofi Amoabeng has broken his silence on the collapse of UT Bank and said he was quiet and refrained from commenting on the...
BoG approves merger of Sahel Sahara and Omni banks
The Bank of Ghana has approved the proposal by Sahel Sahara and Omni Bank to consolidate their operations into one entity to help meet...
Inflation For July drops to 9.6%
The inflation rate for July 2018 declined to 9.6% compared with the rate of 10% recorded in June this year.The monthly change rate in...
Otabil should have kept quiet – expert
A Banking Consultant and finance expert, Dr. Richmond Akwasi Atuahene, has berated comments by former Board Chair of now-defunct Capital Bank, Dr Mensa Otabil,...
Inflation for July drops to 9.6%
The inflation rate for July 2018 declined to 9.6% compared with the rate of 10% recorded in June this year.The monthly change rate in...
VIDEO: Otabil, others would’ve been cooling off in jail if this happened in Nigeria – Expert
A banking Expert, Dr Richmond Akwasi Atuahene, says persons found to have breached prudential or banking regulations should not be left to go scot-free.According...
I’m sorry BoG; Menzgold boss eats humble pie
The Chief Executive of gold dealing firm, Menzgold has eaten humble pie after calling the bluff of the Bank of Ghana.Nana Appiah Mensah posted on...
Probe BoG over collapsed banks – financial analyst
A Financial Analyst is calling on the government to immediately set up an independent committee to investigate Bank of Ghana (BOG) following the collapse...
The banks did not fail, greed and recklessness must not go unpunished – Ken Thompson
On August 2nd we woke up to 30 banks. When we went to bed a day before there were 34 banks. Five banks that...
GRA soon to roll out of EPOS devices nationwide to monitor VAT
The Ghana Revenue Authority (GRA) is to introduce the Electronic Point of Sale (EPOS) device to monitor Value Added Tax (VAT) collection on real-time...
How Capital Bank ‘misapplied’ BoG cash
Details are emerging of how the defunct Capital Bank misapplied 620 million cedis Liquidity Support extended to it by the Bank of Ghana.The amount...
Banks collapse only deliberate attempt to dupe state – Ato Forson alleges
A ranking member of Parliament's Select Committee on Finance has attributed the recent bank closures to some greedy individuals who are bent on duping...
FABEWOSO: Shareholders caused collapse of UT bank – Captain Smart (VIDEO+PHOTOS)
Adom FM's "Dwaso Nsem" host, Captain Smart on Monday's edition of Fabewoso disclosed how shareholders of UT Bank Limited collapsed the financial institution.According to...