Confidence in Banking Sector must be earned – Bawumia Tells Bankers
Vice President Dr. Mahamudu Bawumia says confidence in the Banking sector of Ghana cannot be purchased by sector players but can only be earned through the policies and measures they put in place.
Addressing members...
EOCO, CID hunt for crypto-currency kingpins
The Criminal Investigations Department (CID) and the Economic and Organised Crime Office (EOCO) are on a manhunt for the directors and operators of a cryto-currency syndicate who have allegedly swindled more than 3,000 people...
Ghana’s debt to GDP ratio drops to 57.2%
Ghana’s Debt-to-GDP ratio has dropped to 57.2% , according to the Monetary Policy Committee of the Bank of Ghana.
In the 2016 Annual Progress report, Ghana’s Total Debt to GDP ratio stood at 73.1% at...
Newmont begins commercial production at Subika Underground
Newmont Mining Corporation has commenced commercial production at the Subika Underground project, adding higher-grade, lower-cost gold production at the Ahafo mine in Ghana.
Subika Underground represents Newmont’s third profitable expansion in 2018 and its tenth...
MTN tops Ghana Club 100 list
MTN Ghana has been adjudged the number one company of the year 2017 at the 17th Ghana Club 100 awards organized by Ghana Investment Promotion Centre (GIPC).
At the same event MTN Ghana was recognized...
Guinness Ghana relaunches the legendary ABC Golden Lager beer
Guinness Ghana Breweries Limited (GGBL) has relaunched Ghana’s beloved beer brand, ABC Golden Lager Beer unto the market. Noted for its unique refreshing taste, ABC Golden Lager Beer was first launched about 45 years...
LBCs have been given funds for cocoa purchases – COCOBOD
COCOBOD has denied claims that it has refused to allocate funds to Licensed Buying Companies (LBCs) for cocoa purchases.
The reaction comes after the Minority in Parliament in a statement referenced a research by the...
Capital requirement: Many banks close, others merging – BoG
The Governor of the Central Bank Dr. Ernest Addison has revealed many banks in the country are close to meeting the new minimum capital requirement for banks while others are discussing mergers as the...
$97m lost to cybercrime as of August 2018 – Kwaku Kwarteng
Government has revealed it will launch a cyber security fund in 2018 to ensure there is enough funds to fight the menace.
This comes on the back of the roll out of the Cyber Security...
Compensate Ghanaians from GH¢34m telcos sanction fee – Omane Boamah
Former communications Minister Dr. Edward Omane Boamah has called on government to use part of the GHC34 million sanction cost being demanded from telcos for poor quality service delivery to compensate Ghanaians who suffered...