GH¢400m Capital Requirement: Council of State backs BoG
The Council of State has advised local banks to consider merging in order to meet the new capital requirement by the Central Bank.
It comes after the banks petitioned the Presidency and the Council of...
Exact amount from plastic import levy unknown – Ministry
The Sanitation Ministry is yet to determine how much the import levy on plastic raw materials has accrued since its introduction in 2015.
The 10 percent levy which is being charged on some raw materials...
We need more than lands – Foreign investors to locals
Foreign investors are asking prospective local partners to bring more to the table if they are to be taken seriously in joint ventures.
Many foreign investors are lamenting the practice where Ghanaians tend to offer...
Agenda for jobs on course – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo says the track record of his government indicates that the Agenda for Jobs, which formed the basis upon which he won the 2016 election, is on course.
According to President...
Newmont resumes work after Ahafo Mill Expansion site collapse
Newmont Ghana limited has resumed operations at both its Ahafo and Akyem mines.
Following the collapse of its reclaim tunnel root at its Ahafo Mill Expansion project site leading to the death of six persons,...
8.5% GDP growth recorded in 2017 – Statistical Service
The annual Gross Domestic Product (GDP) for the year 2017 grew by 8.5 percent, the Ghana Statistical Service (GSS) has said.
GDP is the estimate of the total value of final goods and services produced...
HFC Bank wanted to buy collapsed UT, Capital Banks – MD
The Managing Director of HFC Bank (Ghana) Limited, Anthony Jordan, has disclosed that the bank attempted buying collapsed UT and Capital Banks to save them from folding up.
GCB Bank Limited last year took over...
Gov’t eyes strong bilateral investment relations with Japan
Government’s resolve to make Ghana the Financial Hub in the sub-region and to diversify the sources of funds for Ghanaian bonds will receive a further boost with a delegation led by the Finance Minister...
Star Beer extends gold bar promo
Ghana’s liquid gold, Star Beer, has extended its on-going ‘Star Win Gold’ promotion, which was launched December 2017 to the end of April 2018.
The promo, which has so far rewarded about 167 consumers with...
National Security arrests five oil smugglers
The National Petroleum Authority (NPA) and officials of the National Security have arrested five persons suspected to be part of a cartel dealing in illegal smuggling of petroleum products.
The operation took place at Kpone...