The Bank of Ghana (BoG) has suspended the forex licences of Fidelity Bank and First National Bank Limited.
The suspension takes effect from Thursday, June...
Minority Leader, Dr Cassiel Ato Forson, has expressed concern about the current state of the banking sector in the country, especially the impact of...
Finance Minister, Ken Ofori-Atta, says the government is committed to ensuring that the country and the investor community will be able to sail through...
Another prosecution witness in the trial of the former Chief Executive Officer (CEO) of the erstwhile Beige Bank, Mike Nyinaku, will on Monday, April...
If the International Financial Reporting Standard (IFRS) nine is applied in a stricter sense, nine Ghanaian banks could be insolvent from the impact of...
Julius Ayivor, a witness in the ongoing trial of Michael Nyinaku, Chief Executive Officer (CEO) of the defunct Beige Bank, has provided insights into...
The Ghana Exim Bank says it retrieved over ¢47 million owed by various commercial banks between 2009 and 2022.
According to the development bank, the...
An Accra High Court has remanded a 45-year-old accountant, Fredrick Wundowah, for defrauding a trader to the tune of GH₵69,000.00.
Mr Wundowah allegedly collected...
The International Monetary Fund (IMF) is pushing Ghana’s cash-strapped government to stop borrowing from its central bank, according to people familiar with the matter.
The...
The Securities and Exchange Commission (SEC) has announced that Zenith Bank Ghana has voluntarily ceased to operate as a Trustee in the securities industry...
The Minority in Parliament has called for the immediate suspension of the government's Domestic Debt Exchange (DDE) Programme.
To the Caucus, the programme has...
The Chairman of Groupe Nduom, Dr Papa Kwesi Nduom, has alleged that the National Pensions Regulatory Authority (NPRA) is treating his former employees unfairly....
The High Court in Accra has given a 26-day grace period to former Chief Executive Officer (CEO) of Ghana National Petroleum Corporation, (GNPC), Alex...
Some disgruntled clients of Databank have threatened to attack the company for failing to honour withdrawal requests.
Chief Executive Officer of the firm, Kojo Addae-Mensah,...
Investment and fund management firm Databank has announced the closure of its offices effective Thursday, December 22, and to work remotely following attacks and...
An Accra High Court has accepted the GH¢90 million repayment terms on the founder of Defunct Capital Bank Ato Essien’s restitution deal.
This comes...
The International Monetary Fund (IMF) has reached a staff-level agreement with Ghana on economic policies and reforms to be supported by a new three-year...
https://www.youtube.com/embed/LkoyrM2J8XY
Deputy Attorney-General, Alfred Tuah-Yeboah, says the office has not been compromised in the ongoing trial of the founder of the defunct Capital Bank, William...
The current Moody’s downgrade of Ghana’s long-term sovereign bonds to further junk territories brings the total number of downgrades and revisions to seven in...
An Accra High Court is expected to give judgement in the criminal trial of founder and former Chief Executive Officer of defunct Capital Bank, William...
Moody’s has downgraded the Government of Ghana’s long-term issuer ratings to Ca from Caa2 or further junk status and changed the outlook to stable.
This...
The Bank of Ghana (BoG) supported the government to refinance ¢2.83 billion 5-year bond expected to have matured yesterday November 28, 2022.
Joy Business is...
The Commercial Division of the Accra High Court has ordered the dissolution of Quest Net Limited (QNET) for engaging in dishonest, illegal and fraudulent...
Lemonade Finance, a cross-border payment solution that enables Africans in the Diaspora to send money back home, has announced Deloris Frimpong Manso , John...
Former workers of the defunct Groupe Nduom (GN) Savings and Loans Limited have appealed to the government to facilitate the immediate release of their...
https://youtu.be/MzVBnFRR2e8
A joint operation by the Bank of Ghana (BoG) and the Ghana Police Service has led to the arrest of over 76 illegal foreign...
The British pound on Wednesday (7 September) plummeted to its lowest level against the U.S. dollar since 1985.
Sterling fell to US$1.1407 in afternoon trade...
