Menzgold tells PMMC to stay off after telling BoG to shut up
Menzgold Company Limited has disputed claims by the Precious Minerals Marketing Company (PMMC), that it is violating the law in its trade of gold in the...
Menzgold not licensed – PMMC reveals
Precious Minerals Marketing Company (PMMC) says Menzgold Company Limited is not licensed to either buy or sell gold.The Managing Director of the Company, Kwadwo...
How Capital Bank put BoG in their pocket to get a licence without cash – Report
Perhaps tired of being a Savings and Loans company after three years, ambitious shareholders of First Capital Plus planned to become a bank but...
ICAG to investigate auditors of collapsed banks
The Institute of Chartered Accountants, Ghana (ICAG) has begun an enquiry into the role of auditors in the collapse of seven banks within the last...
Capital Bank Board squandered BoG cash – Report
The then-Board Chair of the now-defunct Capital Bank, Dr Mensa Otabil is suspected to have been party to the misuse of liquidity support given...
FABEWOSO: Tax Expert shocked at GRA’s laxity in chasing tax evaders [Video]
A tax expert, Mr Kwasi Asare says he is shocked at how the Ghana Revenue Authority (GRA) appears unperturbed by the number of companies...
COCOBOD to pump 600 million dollars into cocoa sector
The Ghana Cocoa Board (COCOBOD) is to pump 600 million dollars into the cocoa sector industry to resuscitate the sector in the country, Mr...
‘Insensitive’ BoG should leave us alone – Menzgold ‘ignores’ public notice
An August 6 public notice issued by the Bank of Ghana cautioning the public against doing business with Menzgold Company Limited has angered the commodity...
Menzgold CEO calls BoG’s bluff; calls caution a joke
Chief Executive Officer (CEO) of Menzgold Ghana Company Limited, Nana Appiah Mensah, also known as NAM1, has described as the “joke of the day”,...
Kings of Comedy to shut down Accra at Glo Laffta fest
Ahead of the upcoming Glo Laffta fest comedy show on Sunday, August 12, 2018, artistes billed to perform at the event say they would lock down the...
We’re coming after you – Bank of Ghana to Menzgold
The Bank of Ghana (BoG) has issued a public notice that it is in discussions with relevant regulatory authorities to sanction Menzgold Company Limited...
AMERI deal: VRA staff wants Boakye Agyarko sacked
Staff of the Volta River Authority (VRA) are calling for the immediate removal of Energy Minister, Boakye Agyarko over the revised AMERI deal.According to...
Postponing ban on fishing risky – Prof Yankson
The chairman of the scientific and technical working group of sustainable fisheries management project has described government’s decision to postpone the closed season for...
Money laundering: BoG places GH¢60,000 fine on banks, others
Banks and Specialised Deposit Taking Institutions (SDIs) that fail to comply with the central bank’s Anti-Money Laundering regulations risk paying as much as sixty...
This year’s ban on fishing postponed to 2019
Cabinet has decided to postpone the one month ban on all fishing activities in Ghana, which was expected to start August 7, 2018 to...
Revocation of local banks’ licences is in public interest – BoG
The Bank of Ghana (BoG) says the revocation of the licences of seven indigenous banks within a year was done in the overall best...
Directors of 5 closed banks face possible ban from working in financial sector
The former directors of the five banks which were closed down by the Central Bank on Wednesday may struggle taking up new jobs in the banking...
We’re sticking to 5-year BOOT deal – AMERI to government
Dubai-based power company, AMERI Energy, says it is committed to the five-year Build, Own, Operate & Transfer (BOOT) deal it signed with the previous...
5 Collapsed Banks: Be ready for job loses – John Boadu envisages
The announcement of the collapse of Beige Bank, Royal, Unibank, Construction and Sovereign Banks by the Bank of Ghana (BoG) leading to the emergence...
VIDEO: 2 Ex-staff of failed bank die as over 800 languish in poverty
A former staff of defunct Capital Bank has recounted the painful story of how two of his former colleagues lost their lives due to...
This year’s ban on fishing postponed to 2019
Cabinet has decided to postpone the one month ban on all fishing activities in Ghana, which was expected to start August 7, 2018 to...
uniBank shareholders sue Bank of Ghana
Shareholders of embattled unibank have sued the Bank of Ghana for cutting short its moves to acquire shares of ADB.According to the plaintiff, the...
Review Akufo-Addo’s powers in appointment of BoG Board members – Financial Advisor
Government has been advised to review the powers of the president in the appointment of the Bank of Ghana (BoG) Board Members to ensure...
Government to tax tobacco, alcohol to fund NHIS
The National Health Insurance Authority (NHIA) has proposed new taxes on tobacco and alcohol from next year to raise further revenue to finance the...
We manage risk; we don’t prevent banks from collapse – BoG
Head of Banking Supervision at the Bank of Ghana (BOG) says his department cannot be blamed for the collapse of the five banks.According to...
VIDEO: BOG Merger: People will soon save under their beds – NDC Man
Former Member of Parliament for Ablekuma Central, Theophilus Chaie Tetteh says the Central Bank is responsible for the collapse of financial institutions in the...
BOG’s merger: Job losses in the offing – Financial Consultant
A Financial Consultant, Ken Thompson, has predicted job...
BOG officials who issued fraudulent licenses to be dealt with – BOG
The Bank of Ghana says officials who issued fraudulent licenses to three of the banks which were merged by the Central Bank to operate...
GTBank partners Students Loan Trust Fund to launch “Repayment at Your Fingertips” campaign
The management of the Students Loan Trust Fund (SLTF), in collaboration with GTBank has launched the “Repayment at Your Fingertips” campaign.The campaign will enable...
Unibank shareholders bought estates with bank’s monies
It has emerged that shareholders of uniBank used monies from the bank to acquire estate properties in their own names.According to the central bank...
Prosecute and jail culprits of collapsed banks – Casely-Hayford fumes
A financial connoisseur, Sydney Casely-Hayford is pushing for officials of the Bank of Ghana (BoG) who issued fraudulent licenses to some banks to operate...
Breaking News: BoG creates Consolidated Bank to take over 5 struggling banks
The Bank of Ghana (BoG) has announced it is creating the Consolidated Bank Gh. Ltd to take over some struggling banks in the country.Royal Bank, Beige...
NCA to announce equitable package for 4G space soon
The National Communications Authority (NCA) would, in a month’s time, announce a new arrangement that would ensure an equitable playing field in the 4G...
Tax on Luxury Vehicles takes effect from August 1
The Ghana Revenue Authority (GRA) the implementation of the law to levy vehicles with high engine capacities takes effect from Wednesday, 1st August 2018.Under...
Ghana’s ports to serve landlocked countries
The government has announced plans to implement the “First Port Duty Rule” in Ghana’s ports by the end of the year to tackle increasing...
Cylinder Re-circulation Policy: Injunction application against NPA dismissed
A Human Rights court Judge, on Friday 27th July 2018, dismissed an application for an interim injunction brought against the National Petroleum Authority (NPA)...
Advertising CSR activities is not wrong – CSR expert
A Corporate Social Responsibility (CSR) expert, Paul Drapson says organizations which advertise projects in a bid to support societies, especially within their catchment areas...
CID stops GH₵326m bank theft
The Financial Forensics Unit (FFU) of the Criminal Investigation Department (CID) of the Ghana Police Service has arrested 12 suspects in the biggest ever...
AUDIO: We can no longer work with “autocratic” Carlos Ahenkorah – GUTA to Akufo Addo
The Ghana Union of Traders Association (GUTA) have served notice to President Akufo-Addo that they can no longer work with the Deputy Minister of...