HomeBusiness

Business

Kludjeson swear to takeover and revive Kasapa Telecom

Founder of Celltel Limited, which is today called Kasapa Telecom Limited, Prince Kofi Kludjeson said he is in the process of taking over the...

Why the internet is important in maximizing Ghana's tourism potential

  The Internet is a global network that links all computer devices together, allows transmission of information and facilitate communication. This is the textbook...

Freight forwarders up in arms against gov’t over paperless port

Ghana Institute of Freight Forwarders (GIFF) and concern freight forwarders association are up in arms against government over the proposed paperless port to be...

Capital Bank rot exposed

An internal report of a probe into how Third Party Funds (TPF) were used by the Capital Bank shareholders has revealed massive individual and...

Don’t label local businesses corrupt – Jospong boss

The Executive Chairman of the Jospong Group of Companies, Mr Joseph Siaw Agyepong, has bemoaned the practice where local businesses which are partnering with...

‘Mobile money changing financial landscape’

The General Manager for Mobile Financial Service at MTN Ghana, Eli Hini, has stated that mobile money services are gradually taking a centre stage...

Audio: NEDCO to arrest ‘power thieves’ in Brong Ahafo region

The Northern Electricity Company (NEDCo) has hinted that it will hit the streets, work places and homes soon to prosecute people involved in illegal...

Minister woos investors into “One District, One Factory”

Mr Allan Kojo Kyeremateng, the Minister of Trade and Industry, has called on Indian businessmen to take advantage of the Government’s “One District, One...

Entrepreneur, Prince Kofi Kludjeson shares story

Ghanaian Entrepreneur, Prince Kofi Kludjeson has shared his inspirational story of how he became a business guru. The technology guru also predicted Ghanaians will by...

Displaced workers in UT, Capital banks need psychological insurance

The Ghana Psychological Association says employees who may lose their jobs following the collapse of two Ghanaian-owned banks, need psychological and unemployment insurance benefits. In...

Publish the assets and liabilities of UT and Capital Banks – BoG urged

The Bank of Ghana has been urged to publish the assets and liabilities of the defunct UT and Capital Banks. This, according to the Eastern...

Collapsed banks: Labour Minister to meet GCB over workers’ fate

The Minister of Employment and Labour Relations, Ignatius Baffuor Awuah says he will by next week meet the management of GCB Bank to discuss...

Ghana is a very attractive business destination – Federation of Indian Businesses

Ghana is a very attractive destination for Indian businesses and a gateway to Africa in general and West Africa in particular, a senior business...

National Farmers’ Day celebration launched

This year’s National Farmers’ Day (NFD) celebration will be remodelled to reflect and showcase better contribution of the farmers and fisher folks as well...

Fuel prices to shoot up by 5%

The Institute for Energy Security (IES) has projected a fuel price increase of between 3 and 5 percent in the second fuel pricing window...

Former Capital Bank CEO predicted bank's collapse

The writing was on the wall for the collapsed Capital Bank as far back as at least 2014, according to memo sighted and published...

MTN pays over GH₵25m in interest to Mobile Money customers

MTN Ghana has paid over GH₵25 million in interest to about 7.8 million Mobile Money customers for the first half of 2017. The GHC25 million...

UT bank, Capital bank collapse: GCB not obliged to keep employees – Analyst

GCB Bank is not under any obligation to keep employees of UT Bank and Capital Bank who may be rendered jobless after the collapse...

We need about five strong local banks – Ofori-Atta says as GCB takes over two

The economy needs about five “well capitalised indigenous banks,” Finance Minister, Ken Ofori-Atta, has said, “so that we have a system that is well...

We will borrow, but ‘responsibly’ – Dr Bawumia defends

Vice President Dr. Mahamudu Bawumia has said no government can operate without borrowing, promising that the current administration will responsibly use of loans contracted. The...

UT Life not related to UT Bank – management

The management of insurance service provider UT Life Insurance Limited has said the company is not related to UT Bank in anyway. They are therefore...

India applauds Akufo-Addo's people-centered policies

India’s Minister of State for External Affairs, M.J. Akbar, has applauded the policies and programmes being implemented by the government of the President of...

Audio: Jospong commits to partner with more companies in towing job

Executive Chairman of the Jospong Group, Joseph Siaw Agyepong has indicated his intention to engage more companies in providing compulsory towing service to the...

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...

‘Curses from UT Bank customers caused Bank’s collapse’

Curses upon curses rained on the founder of the UT Bank by customers of the Bank and all who went to the institution for...

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...

UT, Capital Bank take over: What you need to know

The Central Bank has provided answers to frequently asked questions regarding the take over of UT and Capital Bank. This follows Bank of Ghana revoking the...

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...