Stay Away From Woyome’s New Deal
Pressure group, OccupyGhana, has alleged that government has ordered the Social Security and National Insurance Trust (SSNIT), to acquire a 24% stake in a contract awarded to one of the companies...
Tag: Economy of Ghana
OccupyGhana Warns SSNIT Against Funding New Woyome Deal
OccupyGhana has noted that its last Press Release on the above-matter has been met with silence from government officials, and two farcical denials of there even being an agreement: one by Woyome and...
BoG Directs MD of ARB Apex Bank To Proceed On Leave
The Bank of Ghana , has directed the Managing Director of ARB Apex Bank, Kwadwo Aye Kusi, to proceed on leave effective today, November 28, 2016. It follows investigations into allegations of bad...
Mahama Announces E-Wallet Technology To Boost Cocoa Economy
President John Mahama says his government has devised a new technology that will get fertilizers directly to cocoa farmers without the use of middle men. This is to bring an end to what is popularly...
My Critics Are Jealous of Me
Business man Alfred Woyome has maintained his transactions in Ghana, most of which have been a subject of controversy are altruistic and patriotic enterprises meant to transform Ghana into a...
Division One League To Commence On December 17
Chairman of the Division One League Board Owuahene Acheampong has hinted that barring any unforeseen hold ups and difficulties the new league season will kick off on the 17-18 December respectively....
Union Savings and Loans Now Omni Bank
Management of Omni Bank has set an ambitious target for itself after successfully transitioning from a savings and loans company to a universal bank Thursday. The financial institution whose market...
Finatrade’s GHc1 Billion Debt Won’t Collapse Banks –Finance Minister
The Ministry of Finance has given a strong assurance that Ghana’s banking sector will remain strong and effective despite of claims of imminent collapse due to the huge debt owed them by Finatrade,...
Ghana Post To Establish Bank
Ghana Post has announced plans to establish microfinance company that will gradually expand to become a commercial bank. Chairman of the Board of Directors, Brig. Gen Joseph Klobodu (rtd) revealed...
Shea Industry On the Verge of Collapse
The Shea sector which holds enormous economic viable business models is on the brink of collapsing in the Savannah ecological zone, said the Shea Network Ghana (SNG), a non-governmental organisation....
GSE Lobbies For Patronage of the Ghana Fixed Income Market
The Ghana Stock Exchange (GSE) is impressing on companies to utilize the Ghana Fixed Income Market (GFIM) to raise funds for their operations. According to the managers of the GSE, the ready market...
B5 Plus Ltd Improves Position On Ghana Club 100 List
B5 Plus Limited, a leading steel manufacturing company in Tema, has improved its position at the 15th edition of the Ghana Club 100 ranking organised by the Ghana Investment Promotion Centre (GIPC)...
Ghana Home Loans To Start Operations As A Bank In 2017
Mortgage house, Ghana Home Loans has disclosed to Citi Business News it will commence operations as a bank by the first quarter of next year (2017). According to the CEO of the company, Mr. Dominic...
Ghana Signs 40.82 Million Euro 12MW Solar Plant Deal
The Ministry of Finance has signed a three loan agreement with the German government for 40.82 million euros (approximately 176 million Ghana Cedis) of which 22.82 million euros soft loan...
HFC Bank Inaugurates New Branch In Tema
HFC Bank has inaugurated its state-of-the-art branch in Tema Community 25, the second in the industrial city of Ghana. Mr Robert Le Hunte, the Managing Director of HFC Bank, said the new branch was...
About 1,000 Head Porters Displaced As Fire Razes Their ‘homes’ In Kumasi
About one thousand head porters who reside in a makeshift structure at Dagombaline in Kumasi have been displaced after fire razed their structures. Tuesday’s incident which happened at about...
Black Stars Partnership With UniBank Extended
uniBank (Ghana) Limited has renewed its partnership with the Ghana Football Association for three more years. “The bank will continue to financially support the operations of the senior national...
Hearts Poised To Become A World-Class Club
The acting Managing Director of Accra Hearts of Oak Sporting Club Limited, Mr. Vincent Sowah-Odotei has said that, management is committed to building a brand that will be competitive and capable of...
Cocobod Awards Farmers On 32nd National Farmer’s Day
Ghana Cocoa Board (COCOBOD) has awarded five distinguished farmers at the National Level during the 32nd National Farmer’s Day celebration held at Kintampo in the Brong Ahafo Region, in recognition...
Telcos Spends GHC4.92bn In Over Five Years
Telecommunication operators in the country spent a total of GH¢4.92 billion in tax contributions, public funding and network improvement over the last five years. Out of the amount, the telcos,...