Few days to the general elections on December 7, some exporters, importers and clearing agencies at the Tema Port have disclosed to Citi Business News that economic activities have slowed down....
Despite reports that the Bank of Ghana(BoG) may compel all banks in the country to meet the new capital requirement shortly, Banking Consultant, Nana Otuo Acheampong has told Citi Business News the...
Local cable manufacturers have appealed to government to enforce the country’s local content laws to protect indigenous businesses. According to them, government can make local cable producers...
Over 300 validated creditors of DKM Diamond Microfinance in the Upper East Region, have threatened to disrupt the payment process at the Bolgantanga branch of the GCB Bank on Tuesday, if they are not...
At least 4000 creditors of DKM Microfinance are expected to be paid their locked up deposits today, as the Official Liquidator commences payments. According to the Official Liquidator, each of the...
The transaction is going on very well and the target of between 25 and 50 million dollars will be achieved. This is the assurance from the joint book runners of government’s first local dollar...
Some banks have debunked claims of a possible slowdown in deposits from customers due to the upcoming general elections. According to them, although they are threatened by the upcoming elections as...
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,...
Government will move the Mahatma Gandhi statue on the University of Ghana campus to ensure its safety, the Ministry of Foreign Affairs has said. This comes a day after Citi News reported the statue...
The GCB Bank is in the news and worryingly for unenviable reasons. It hurts to brood over a state financial institution being deliberately mismanaged just so persons with links to the corridor of...
Former Ghana international Nii Odartey Lamptey has revealed he would have been a better footballer and navigated more pitfalls better had he been educated. The former PSV Eindhoven and former Aston...
The Ghana COCOBOD has rejected claims that the increase in producer price of cocoa from 425 cedis to 475 cedis per bag is not good enough. According to COCOBOD, the new price was reached after...
The Official Liquidator of DKM Diamond Microfinance, the Registrar – General’s Department has told Citi Business News that it will publish the list of validated creditors of the microfinance...
The Institute of Statistical, Social and Economic Research (ISSER) is cautioning cost of credit as well as inflation will shoot up in the coming months if there is a further delay in the release of...
Ghana has lost nearly GHc 6 billion over a three year period, according to a report from policy think tank, IMANI Africa’s. The amounts were officially reported missing or misused between 18...
Energy policy think tank, Africa Centre for Energy Policy (ACEP), has told Citi Business News that thousands of Ghanaians lose their lives every year, because they inhale fumes from dirty diesel....
Over one hundred and fifty lower court judges are planning to abandon the court next week if their demands for a ten percent salary increase are not adhered to. A letter from the Chief of Staff seen...
Telecom operators have told Citi Business News there have been less challenges with the payment of second quarter interests on mobile money accounts. The second tranche of interest payments, begun on...
The Securities and Exchange Commission (SEC) has given indication some multinational companies have initiated processes to list on the Ghana Stock Exchange (GSE), from next year. It comes on the back...
Fears of a likely collapse of a number of banks in the country have been reinforced following new revelations that government may not abide by the agreed payment plan to clear debts owed banks by...
