Fuel Smuggling Killing OMCs – GOIL
The Managing Director of GOIL, Patrick Akorli, has said Oil Marketing Companies (OMC’s) are shutting down and laying off staff due to the activities of some individuals who smuggle petroleum...
Tag: Managing Director
South Sudan ‘suspends’ Al Jazeera English
South Sudan's government has banned Al Jazeera English staff from working in the country, press freedom organisation Reporters Without Borders said Wednesday in a statement condemning the move. The...
Petroleum Commission Has Not Stopped Tullow’s Tender Process – Management
The Petroleum Commission has dismissed reports that it has instructed Tullow Ghana Limited (TGL) to cease its tender process concerning the award of any rig contract. According to the Commission, it...
Zenith Bank Ghana Held Its First Health Walk For the Year 2017
The walk was to create awareness on the need for a healthy lifestyle. The management and staff of zenith bank who were joined by other corporate institutions, briskly walked through some principal...
Government Considers Affordable Rural Housing
Government intends to build affordable housing units in rural areas nationwide to help address the growing rate of rural-urban migration. Minister of Works & Housing, Samuel Atta Akyea, disclosed...
Apple’s IPhone Sales In Surprise Drop
Apple sold fewer iPhones than a year ago in the first three months of 2017, the company said in its latest results. The California firm, which is due to release a new phone later this year, said it...
Banker Advocates US$200m Capital For Banks
Frank Adu Jnr, Managing Director of CAL Bank, has proposed an increment in the current minimum capital requirement for universal banks from GH¢120million to US$200million, to create larger banks...
CAL Bank’s Profits Drop After Impressive Performances
After recording impressive performances at a time that some banks are struggling in the last three years, CAL Bank has recorded over a ninety percent drop in profits for 2016. According to the...
More OMCs Threaten Layoffs Over Illegal Trade
More workers are set to be laid off in the petroleum downstream sector as the illegal sale of petroleum products continue unabated. Already, the CEO of the Association of Oil Marketing Companies,...
Apple Sees Surprise Fall In IPhone Sales
Apple sold fewer iPhones than a year ago in the first three months of 2017, the company said in its latest results. The California firm, which is due to release a new phone later this year, said it...
1st Annual ‘China Trade Week Ghana’ To Open In Accra
The 1st annual China Trade Week Ghana makes its way to Accra this year to further strengthen ties between China and Ghana. According to the organisers, MIE Events DMCC, its Managing Director David...
New Minimum Capital For Banks Pegged At GHc200-260m
Commercial banks in Ghana would have to increase their minimum capital for operation to at least 200 million cedis. This follows the revision of the minimum capital requirement by the Bank of Ghana....
BoG Limits CEOs Tenure To 15 Years
The Bank of Ghana (BoG) is to implement new corporate governance guidelines for the banking sector next month, as it seeks to ensure that proper corporate governance practices are entrenched. The new...
BoG Directs Banks To Plug Loopholes
The Bank of Ghana (BoG) says it has prescribed remedial measures both general and specific to the risk exposure of each of the 31 commercial banks operating in the country to help ensure resilience...
You Can’t Be CEO For More Than 15 Yrs
The Bank of Ghana (BoG) is to implement new corporate governance guidelines for the banking sector next month, as it seeks to ensure that proper corporate governance practices are entrenched. The new...
Bank of Ghana To Cap CEOs Tenure
The Bank of Ghana (BoG) is to implement a new corporate governance guidelines for the banking sector next month, as it seeks to ensure that proper corporate governance practices are entrenched. The...
Bank of Ghana Puts 15-Year Limit On Bank CEOs
The Bank of Ghana (BoG) is to implement new corporate governance guidelines for the banking sector next month, as it seeks to ensure that proper corporate governance practices are entrenched. The new...
Mortgage Rates Seen Falling
More workers are expected to qualify for mortgages to buy homes, as the local currency stabilises and Treasury Bills (T-Bills) rate show a downward trend. The Managing Director of HFC Bank, Robert Le...
Banks To Merge Over Projected GHC260m Capital Review – Zenith Bank MD
The Bank of Ghana’s decision to peg the new minimum capital requirement for commercial banks at an estimated 260 million cedis should culminate in mergers and deepen the financial sector. This is...
Banks To Merge Over Projected GHc260m Capital Review – Zenith Bank MD
The Bank of Ghana’s decision to peg the new minimum capital requirement for commercial banks at an estimated 260 million cedis should culminate in mergers and deepen the financial sector. This is...