Avenor Rural Bank Makes Impressive Growth
The total assets of the Avenor Rural Bank has increased to GH¢11,311,838 in 2015, rising 29.14 per cent from GH¢8,759,087 in 2014. Its total investments also jumped 50.98 per cent from...
Category: Business
GOIL Appoints New Management
Ghana Oil Company (GOIL) has made changes to its management staff with the appointment of three new managers. The promotions and renewal, according to management, are expected to consolidate the...
DKM Customers Seek Injunction To Stop Payments
Some customers of DKM Microfinance in the Northern regional capital, Tamale, are seeking to place an interlocutory injunction on the payments of depositor claims scheduled for next week Monday,...
Ghana Not At Risk of ‘HIPC’
The World Bank President says he does not think Ghana and other African countries with high debt levels are at risk of falling into debt distress or “Highly Indebted Poor Country (HIPC)”...
Kalyppo Craze Boosts Sales
The social media craze for Kalyppo fruit juice has led to an increase in retail sales of the product in the capital. Some traders who have been speaking to Citi Business News admitted that their...
Ghana’s Petroleum Law Attracts Investors
The Minister of Petroleum, Emmanuel Armah Kofi Buah says the passage of the Petroleum (Exploration and Production) Act 2016 and the development of a number of subsidiary legislation to give better...
Illegal Miners Vacate AngloGold Ashanti’s Concession Today
Illegal miners operating on the concession of AngloGold Ashanti (AGA) at Obuasi are to completely evacuate the mines today, Monday, October 10, 2016 or face forcible eviction. The Minerals...
Favourable Economic Outlook For Ghana Is Conditional
The International Monetary Fund’s (IMF) director for Africa has indicated that the favourable economic growth for the country from next year will be based on sticking to some critical fiscal...
IGP’s Motor Checks Suspension Is Politically Motivated
Members of the Ghana Committed Drivers Association (GCDA) have expressed their displeasure over the recent directive by the Inspector General of Police (IGP), COP John Kudalor to police officers to...
Economic Instability Threatening Banks
Ishmael Yamson, Board Chairman of Standard Chartered Bank Ghana, has expressed concern about economic volatility and uncertainty in Ghana which has made commercial banking riskier than previously....
DKM Customers To Receive Refunds Today
The official liquidator of DKM Diamond Microfinance will today make official, the names of first batch of customers whose claims have been agreed and validated in the liquidation process. This will...
Government Committed To Improving Anglogold Obuasi Mine – Amissah-Arthur
Vice president Paa Kwesi Amissah-Arthur says the government is committed to improving the Anglogold Ashanti Obuasi Mine. He made the statement when he addressed hundreds of NDC party supporters at...
Petroleum Ministry Develops New Regulations On Oil & Gas Sector
The Minister of Petroleum, Emmanuel Armah Kofi Buah has outlined that his outfit is advancing moves for Parliament to pass three new regulations to augment the new Petroleum Exploration and...
SSNIT Threatened, Pensioners Face Cut In Benefits – Bawumia
The Vice presidential nominee of the opposition New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has promised an urgent review of the Social Security and National Insurance Trust (SSNIT) investments...
Gas Supply Disruption Could Deepen VRA’s Debt Repayment Woes
The continuous disruption of gas supply to the Volta River Authority (VRA) could further hamper ability of the main power generator and supplier to pay its mounting debts, says Mr Emmanuel Armah-Kofi...
Galamsey Not Affecting Sugarcane Supply To Komenda Sugar Factory
The Corporate Affairs Director at the Komenda Sugar Factory Ransford Vani-Amoah has revealed that activities of illegal miners will not affect the supply of raw materials for the Komenda Sugar...
6th Annual Norwegian-African Summit To Address Africa’s Expanding Cities
Norwegian and African leaders across industries are expected to meet once again at the Radisson Blu Scandinavian Hotel in Oslo to discuss trends, issues and great potentials for rising cities of...
Gov’t To Rejuvenate Anglogold Ashanti Obuasi Mine – Amissah-Arthur
Vice president Paa Kwesi Amissah-Arthur says the government is committed to improving the Anglogold Ashanti Obuasi Mine. Speaking at a political rally at Obuasi, Mr Amissah-Arthur asserted that...
Silver Star Auto Introduces New Commercial Vehicles, Opens Sales Office
The company also used the event to officially open its new office building which will cater for Sales of Commercial vehicles in a bid to bring sales closer to the company’s service centre/workshop....
The Fastest Deca-Core Processor Device In Africa Got Unwrapped
The Phantom series from Tecno mobile are premium devices you can bank on in terms of hardware and durability. After the device was unveiled at a glamorous event held at the Armani Hotel, Dubai. We...