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No need to reinvestigate banking sector crisis – Special Prosecutor told
Anti-Corruption crusader, Vitus Azeem, says the Special Prosecutor’s decision to investigate the 2017 to 2020 financial sector crisis amounts to double investigations as the...
Office of Special Prosecutor probes banking sector crisis
The Office of the Special Prosecutor (OSP) says it has commenced investigations into the financial sector crisis which led to the collapse of some...
Banking sector crisis: Licenses were issued anyhow – Kofi Amoabeng
President of UT Holdings, Prince Kofi Amoabeng has blamed the challenges in the banking sector on the regulator’s poor scrutiny of the sector.
In an...
‘Banking sector not in crisis, it’s an exaggeration’ – Governor
Governor of the Central Bank, Dr Ernest Addison, has debunked suggestions that the banking sector is in crisis.
According to him, about 90% of industry...
Banking principles were ignored – Prof Lord Mensah faults handling of UniBank collapse
A Professor of Financial Economics at the University of Ghana Business School has questioned the collapse of UniBank, saying the fundamental principles of banking...
You recover before you collapse – Prof. Lord Mensah blasts banking cleanup decisions
“You recover before you collapse.” That was the criticism from Professor of Financial Economics at the University of Ghana Business School, as he criticised...
AG knows the state isn’t blameless – Lord Mensah on Kwabena Duffuor banking case...
A Professor of Financial Economics at the University of Ghana Business School says the Attorney General’s recent offer to reconsider the prosecution of Dr...
Banking sector clean-up: Ex-NPP Youth Organiser refutes Frank Adu’s claims, says sector stronger than...
A former Suame Youth Organiser for the New Patriotic Party (NPP) has publicly refuted assertions made by ex-Cal Bank Managing Director Frank Adu, accusing...
Ghana courts British Investment as BII eyes Agribusiness and financial sector support
In a significant move to deepen foreign investment in Ghana, the Finance Minister, Dr. Cassiel Ato Forson, met with representatives from British International Investment...
Ghana’s cocoa crisis deepens, 2024 half-year revenues crash by nearly $700 million
Ghana's cocoa export revenue has taken a devastating hit, plummeting by nearly $700 million in the first half of 2024.
The ongoing impact of illegal...
Bawumia questions Mahama’s understanding of banking sector collapse, urges him to read the reports
Vice President and 2024 Presidential Candidate of the governing New Patriotic Party (NPP), Dr Mahamudu Bawumia, has taken a swipe at former President John...
New Cash Reserve Ratio could impact negatively on loans, banking – Report
The Bank of Ghana’s decision to set higher cash reserve requirements for commercial banks could impact negatively on credit to the private sector, a...
Four top trends to watch in the African energy sector in 2024
As we head into 2024, the renewable energy sector is set to see innovation that will transform the way energy is accessed, stored and...
Many banks facing severe financial crisis – Ato Forson
Minority Leader, Dr Cassiel Ato Forson, has expressed concern about the current state of the banking sector in the country, especially the impact of...
Togbe Afede writes: Our Self-inflicted monumental economic crisis
About six weeks ago I was in New York, and for the first time in almost three decades, I struggled to sell the economic...
Ofori-Atta must be held responsible for cost of living crisis – Haruna Iddrisu
Minority Leader, Haruna Iddrisu says Finance Minister, Ken Ofori-Atta must be blamed for the current high cost of living in the country.
Prices of goods...
Banking Crisis: A sad story of an NPP financier
Winston Churchill once narrated a story which he titled, 'The Height Of Ingratitude.' According to the story, a little boy was playing on a...
We’ve started prosecuting those responsible for banking crisis – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo, has said his government has begun prosecuting individuals believed to be responsible for the banking crisis.
“We have begun prosecuting...
Audio: Banking crisis: Govt collapsed banks, others deliberately – Isaac Adongo
A Member of Parliament’s Finance Committee, Isaac Adongo, has said that the Vice President, Dr Mahamudu Bawumia, is limited in his appreciation of the...
Only Jubilee house is not in crisis; Ghanaians are suffering’ – Suhuyini
Tamale North MP, Alhassan Suhuyini, has accused the government of being insensitive to the plight of Ghanaians.
According to him, Ghanaians are struggling with little...
Sarkodie wades into banking crisis; calls for education to halt panic withdrawals
Local Banks in Ghana have come under severe liquidity stress as depositors are withdrawing their monies on a daily basis following panic within the sector.
The withdrawals...
No directors? Lawyer opens holes into banking crisis probe
A private legal practitioner has questioned Parliament’s decision to leave out the directors of the defunct banks in their recent probe into the financial...
‘Incompetent’ Ken Ofori Atta is biggest threat to Ghana’s financial sector – NDC Communicator
A member of the Communications Team of the National Democratic Congress (NDC), Sammy Gyamfi has called on Ghanaians to blame the financial crisis being...
Afenyo-Markin accuses NDC of rebranding and claiming credit for NPP projects
Minority Leader Alexander Afenyo-Markin has accused the Mahama-led administration of rebranding and claiming credit for the New Patriotic Party's (NPP) achievements.
Addressing delegates at the...
Full Text: Godfred Dame responds to Attorney General over cases’ withdrawal
Ladies and gentlemen, my attention has been drawn to the press conference of the new Attorney General and Minister for Justice, Dr. Dominic Akuritinga...
‘My cousin’s monthly pension is only GH₵300’
Imagine working for three decades only to retire with peanuts as a pension payment.
That is the story of many pensioners who have given their...
Man jailed 8 years for forging Bank of Ghana Microfinance license
A 34-year-old man, who forged a Bank of Ghana (BoG) License to operate a microfinance company at Suhum in the Eastern region and its...
Anas reveals motive behind ‘Galamsey Economy’ exposé
Since the release of the undercover investigation documentary by Anas Aremeyaw Anas, many have questioned why the undercover investigative journalist will entice his culprits...
Anas Aremeyaw Anas: Our minister and the cash
He is a Harvard trained don, deified and deemed devout, dependable, dynamic, down-to-earth, decisive, and the very definition of dexterity in economics and development.
Indeed,...
NAM 1’s docket almost ready for prosecution – Attorney-General
The Attorney-General and Minister for Justice, Godfred Yeboah Dame, has indicated the docket for the prosecution of the Chief Executive Officer (CEO) of Menzgold...
Bawumia blaming NDC for going to IMF comical – Mahama
Former President John Mahama has described Vice President Dr Mahamudu Bawumia’s statement blaming Mr Mahama’s administration, partly, for the need to seek assistance from...
Dr Bawumia blames Mahama’s govt for economic woes
Vice President Dr Mahamudu Bawumia says part of Ghana’s current economic challenges can be blamed on “the previous government.”
In a speech at the Accra...
Akufo-Addo has built more factories than Nkrumah, other presidents – Gabby Otchere-Darko
Co-founder of Danquah Institute, Gabby Otchere-Darko, has asserted that, President Akufo-Addo has built more factories than any government in the history of Ghana.
According to...
EOCO boss, COP Tiwaa Addo-Danquah calls on Special Prosecutor
A team from the Economic and Organised Crime Office (EOCO), led by its Executive Director COP Maame Yaa Tiwaa Addo-Danquah, has paid a courtesy call...
Kofi Amoabeng reveals why he has no regrets over UT Bank’s collapse
The Chief Executive Officer of defunct UT Bank, Prince Kofi Amoabeng, has revealed he has no regrets venturing into the banking sector.
Despite the...
When I count my blessings, I count my ex-girlfriend thrice
She came to the banking hall every Monday to make a deposit. I noticed her in a queue one day looking frustrated. She was...
7-member Parliamentary committee to probe collapse of UT Bank, uniBank
The Speaker of Parliament, Alban Bagbin, has directed the formation of a seven-member committee to probe the collapse of UT Bank and uniBank.
Two majority...