Adongo walks out of ‘rubber stamp’ meeting over collapsed banks [Audio]
Member of Parliament for Bolgatanga Central, Isaac Adongo, has walked out of a parliamentary probe into the collapse of 7 local banks.His walk-out was...
Gov’t had ¢20bn plan to avert ‘needless’ bank collapse -Terkper
Former Finance Minister Seth Terkper has said steps taken by the Bank of Ghana that led to the collapse of seven banks could have...
Non-Performing Loans hit GH¢8.7bn
The stock of Non-Performing Loans in the banking sector reached GH¢8.74 billion in June this year, according to the latest banking sector report.The report released...
Staff of Consolidated Bank asked to re-apply
Staff of Consolidated Bank Ghana (CBG) have been...
Century Bond may ‘provide cheaper, longer-term financing’ – Oppong Nkrumah
Information Minister-designate, Kojo Oppong Nkrumah, has explained that Ghana’s quest for a cheaper and longer-term loan is the reason for the 100-year bond currently...
Africa China Union seeks local partners
Africa China Union (ACU), a platform of Chinese businesses says it is open for business to link over 15,000 manufacturers and suppliers from China...
2.8 million Ghanaians living in extreme poverty – Report
More than 2.8 million Ghanaians, representing about 10 per cent of the population, are living in extreme poverty.The vast number are said to be...
$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...
Seize properties of collapsed banks’ managers – Ace Ankomah
A private legal practitioner, Ace Ankomah, has said the required legal backing for the recovery of depositors’ funds from the officials of the recently...
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...
MTN shares crash 23% to 2009 lows on $8bn demand from Nigeria
MTN’s share price crashed 23% and Standard Bank’s share price fell 3.4% on Thursday morning after they confirmed the Nigerian central bank had ordered...
Esoko launches insyt to reduce reliance on paper
Esoko, a mobile technology-based Ghanaian organization has launched a new web and mobile application-based product called Insyt.Insyt is a platform built by the company...
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...
Ministry mute over digital migration
The Ghana Independent Broadcasters Association (GIBA) has been left in the dark as the Ministry of Communications remains mute over some critical concerns confronting...
SSNIT saves GH¢18.1m after deleting 8,366 ghost names from pension payroll
Measures introduced by the Social Security and National Insurance Trust (SSNIT) in February 2018 to delete ghost names from the pension payroll have yielded...
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...
Danger looms: 40% of Ghana’s unproductive cocoa trees to be cut down
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...
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...
BoG’s Caroline Otoo heads new Ethics Office
Secretary to the Bank of Ghana Board, Caroline Otoo, is heading to the new Ethics and Investigative Office of the Central Bank as its...
From village icon to global acclaim, the story of a soaring young Ghanaian
It’s no mean feat to be recognized by the most powerful countries in the world and the most influential leaders especially when you are...
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...
Court stops DSTV from raising fees
A Federal High Court in Abuja on Monday restrained Multichoice Nigeria Limited from going ahead with its recent decision to increase the subscription tariffs for DSTV,...
Market confidence in UMB, CAL, Fidelity banks high
Three indigenous banks have assured the public that they have put in place strong corporate governance structures, efficient operating mechanisms and robust capital plans...
La Mancha trades US$125.7m for 30% of Golden Star Resources
The Golden Star Resources Limited has entered into a strategic relationship with a Luxembourg-based gold investment firm, La Mancha Holdings, that will see the latter invest...
Vida Divina to create 100,000 job opportunities for youth, product to boost network marketing in Ghana
The Founder and Chief Executive Officer of Vida Divina, a network marketing company which produces health and wellbeing products, Mr Armand Puyolt, has announced...
Energy Bank to maintain solid practices — MD assures
Management of the Energy Commercial Bank has pledged to continue to exhibit prudent operational, audit and risk management practices in order to serve as...
Collapse of uniBank: State to incur GH¢4.3bn loss
The full impact of the August 1, 2018Â dissolution of the uniBank Ghana Limited on the nation is coming to the fore, after a...
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...