23rd Ghana Int’l Trade Fair comes off Feb. 28

The 23RD Ghana International Trade Fair is scheduled to take place at the Trade Fair Centre La, Accra from the 28th February through to 11th March 2019. The fair is under the theme: “Made in...

BoG setting “terrible precedent” – Ex-Heritage Bank board

The seven-member ex-Board of Directors of the now-defunct Heritage Bank has issued a statement responding to all the allegations levelled against the bank’s operations by the Bank of Ghana, for which reasons its licence...

Withdrawing Heritage Bank’s license unfair – Gatsi

The Bank of Ghana's decision to withdraw the universal banking license of Heritage bank is unfair, the Head of the Finance Department of the School of Business, University of Cape Coast, Prof John Gatsi,...
Mr. Ben Hassan Ouattara, Vivo Energy Ghana MD

Vivo Energy Ghana appoints Hassan Ouattara as new MD

Vivo Energy Ghana, marketers and distributors of Shell branded products and services has appointed Mr. Ben Hassan Ouattara as Managing Director, effective 1st January, 2019. Mr. Ouattara takes over from Mr. Ebenezer Faulkner, whose term...

Pig farming can reduce joblessness – Muzuu Farms CEO

The CEO of Muzuu Farms, Daniel Nte, has urged the youth to engage in livestock rearing, particularly pig farming because it is lucrative. He said the high unemployment rate could reduce if the youth are...
BoG Governor Dr. Ernest Addison

Agongo’s prosecution in COCOBOD case makes him not ‘fit and proper’ to own a...

The Governor of the Bank of Ghana, Dr Ernest Addison, has said the central bank decided to revoke the licence of Heritage Bank recently because its majority shareholder, Mr Seidu Agongo, failed the "fit...
Dr. Ernest Addison | BoG Governor

Ghana establishes Fiscal and Financial Stability Councils

The Akufo-Addo government has passed the Fiscal Responsibility Act, to anchor fiscal discipline and ensure prudence in the management of the economy. The Act establishes both the Fiscal Council and Financial Stability Council. The Fiscal Council...
Dr. Paul Acquah

Fmr BoG governor Acquah chairs Ghana’s Fiscal Council

President Nana Addo Dankwa Akufo-Addo has appointed a former Governor of the Bank of Ghana, Dr. Paul Acquah as Chairman of the newly established Fiscal Council. President Akufo-Addo established by Executive Instrument the Fiscal Council...

Heritage Bank had suspicious financing – BoG

The Bank of Ghana has said it revoked the universal banking license of Heritage bank because its sources of financing were not clear. According to the BoG, the original source of finance for the bank...
Dr Papa Kwesi Nduom

We chose savings and loans over selling off – GN bank

Management of GN Bank has explained that they chose to become a savings and loans company instead of selling the bank off to a foreign entity in the bank clean up exercise being undertaken...