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MTN IPO raises about ¢444m from Ghanaians

Official figures from MTN’s Initial Public Offer (IPO) indicates that about GH₵444m out of the GH₵1.14 billion raised came from Ghanaians, representing about 38.69%. About...

MTN shares crash 23% to 2009 lows on $8bn demand from Nigeria

MTN’s share price crashed 23% and Standard Bank’s share price fell 3.4% on Thursday morning after they confirmed the Nigerian central bank had ordered...

Esoko launches insyt to reduce reliance on paper

Esoko, a mobile technology-based Ghanaian organization has launched a new web and mobile application-based product called Insyt. Insyt is a platform built by the company...

GUTA to close shop in protest against CTN

Ghana Union of Traders Association (GUTA) has declared nationwide strike starting from Monday 3rd September to 5th September, 2018 by closing their shops to...

GNPC reacts to Global Haulage property acquisition saga

The Ghana National Petroleum Corporation (GNPC) in a press release, has responded to recent publications and news items on the acquisition of residential properties in...

Fabewoso: BoG to blame for bank collapse [Video]

 The Bank of Ghana cannot absolve itself from blame over the recent collapse of seven indigenous banks due to laxity on its part, Adom...

Ministry mute over digital migration

The Ghana Independent Broadcasters Association (GIBA) has been left in the dark as the Ministry of Communications remains mute over some critical concerns confronting...

SSNIT saves GH¢18.1m after deleting 8,366 ghost names from pension payroll

Measures introduced by the Social Security and National Insurance Trust (SSNIT) in February 2018 to delete ghost names from the pension payroll have yielded...

NDC will return collapsed banks to owners unless ‘tangible wrong’ established – MP

Bolgatanga Central Legislator, Isaac Adongo, has solidarised with shareholders of collapsed banks, explaining that the attempt to describe them as thieves was uncalled for...

Danger looms: 40% of Ghana’s unproductive cocoa trees to be cut down

Ghana and Cote D’Ivoire have launched a joint action to step up efforts at fighting the Cocoa Swollen Shoot Virus Disease (CSSVD) Control Programme...

Finance Minister Floors CHRAJ Over $2.25bn Bond

The findings made against Finance Minister, Ken Ofori-Atta, by the Commission on Human Rights and Administrative Justice (CHRAJ) in the $2.25 billion bond saga...

Ghana and Cote D’Ivoire launch CSSVD control programme

Ghana and Cote D’Ivoire have launched a joint action to step up efforts at fighting the Cocoa Swollen Shoot Virus Disease (CSSVD) Control Programme...

BoG makes major changes at top management level

The sources say, however, that the changes have...

Panic withdrawals trigger staff layoffs

Some financial institutions and savings and loans companies have started closing down some of their subsidiaries which have little staff strength. This is to forestall the effects of panic withdraws which...

Fabewoso: Capital Bank saga part 3 [Video]

More details about the collapse of Capital Bank was revealed on Adom FM's anti-corruption segment on the morning show, Fabewoso Monday. Show host, Captain Smart has identified...

Freight Forwarders on strike over CTN policy

Ghana's Freight Forwarders Association is calling on government to suspend the implementation of the Cargo Tracking Note (CTN) policy. Members of the association say the...

BoG’s Caroline Otoo heads new Ethics Office

Secretary to the Bank of Ghana Board, Caroline Otoo, is heading to the new Ethics and Investigative Office of the Central Bank as its...

From village icon to global acclaim, the story of a soaring young Ghanaian

It’s no mean feat to be recognized by the most powerful countries in the world and the most influential leaders especially when you are...

Consolidated bank sacks over 400 former Beige bank staff

At least 400 workers of defunct Beige bank are set to exit the company from Monday (August 27, 2018) following a restructuring by the...

Uber removes driver accused of attacking rider

Ride-hailing firm, Uber, has removed the driver who was accused of assaulting a passenger after a dispute over a fare. Uber, according to a statement, took...

DKM customers clash with Minister over payment [Video]

The customers of DKM Financial Services are accusing President Nana Addo Dankwa Akufo-Addo and his ministers of not honouring the promise of retrieving their...

Court stops DSTV from raising fees

A Federal High Court in Abuja on Monday restrained Multichoice Nigeria Limited from going ahead with its recent decision to increase the subscription tariffs for DSTV,...

Market confidence in UMB, CAL, Fidelity banks high

Three indigenous banks have assured the public that they have put in place strong corporate governance structures, efficient operating mechanisms and robust capital plans...

La Mancha trades US$125.7m for 30% of Golden Star Resources

The Golden Star Resources Limited has entered into a strategic relationship with a Luxembourg-based gold investment firm, La Mancha Holdings, that will see the latter invest...

Vida Divina to create 100,000 job opportunities for youth, product to boost network marketing in Ghana

The Founder and Chief Executive Officer of Vida Divina, a network marketing company which produces health and wellbeing products, Mr Armand Puyolt, has announced...

Energy Bank to maintain solid practices — MD assures

Management of the Energy Commercial Bank has pledged to continue to exhibit prudent operational, audit and risk management practices in order to serve as...

Collapse of uniBank: State to incur GH¢4.3bn loss

The full impact of the August 1, 2018  dissolution of the uniBank Ghana Limited on the nation is coming to the fore, after a...

BOST Board Chairman resigns over collapse of Sovereign Bank

Board Chairman of the Bulk Oil Storage and Transportation Company (BOST) has resigned from office over the collapse of Sovereign Bank, one of five...

Panic withdrawals hit some savings and loans companies

Some savings and loans companies in the country have been hit by panic withdrawals. The development has already made it difficult for these companies to...

Over-reliance on natural resources not answer for Ghana Beyond Aid – Expert

Some experts have warned the government against the over-reliance on the country’s natural resources as part of its commitment to move the country beyond...

Strengthen BoG to build up small local banks – Nduom

Dr Papa Kwesi Nduom, Chairman of Groupe Nduom, says the Bank of Ghana should be strengthened with the requisite resources to support small, local...

Domestic airfare to drop as GCAA introduces economic directives to protect passengers

The commencement of passenger operations by Passion Air a domestic airliner is expected to promote competition and to drive down air-fares as passengers complain...

BoG might have been misled by KPMG – Dr. Oduro Osae

A legal consultant, Dr Eric Oduro Osae, says the Bank of Ghana (BoG) may have been misled by the report submitted by KPMG to...

UBER driver beats up rider for getting excessive discount at his expense

An UBER driver in Accra has allegedly beaten up a passenger over her Uber fare discount according to some media reports. The driver whose name...

Less than ¢255K was stolen from us, not ¢110M; CalBank clarifies

CalBank has denied media reports that an Ivorian has been arrested for syphoning over GH¢110Million from the bank According to a press statement released by...

Give me back my bank – Duffour sues BOG

Former Governor of the Bank of Ghana and major shareholder of the defunct uniBank Ghana Limited, Dr Kwabena Duffuor, has sued the central bank...

Small-scale mining should be banned – Ken Agyapong

Outspoken Member of Parliament for Assin Central, Kennedy Agyapong is hinting Ghana will soon be inhabitable if the ban on small-scale mining is lifted. He...

Amewu to attempt AMERI III negotiations

Mr John Peter Amewu, the Energy Minister, on Monday said he would hold further engagement with managers of the Africa and Middle East Resources...

NPA clears Globex Energy over tax evasion

The National Petroleum Authority (NPA) has cleared Globex Energy Limited to do business in all petroleum downstream activities. Earlier in a press release, the NPA...

UT Bank Collapse: Amoabeng breaks silence on his pain

Founder of UT Bank, Prince Kofi Amoabeng has broken his silence on the collapse of the bank by outlining, in detail, what happened behind the...