Fuel prices to go up by 5% – IES
The Institute of Energy Security has hinted of fuel prices going up by 5%.
According to IES Principal Research Analyst, Richmond Rockson, the increase is as a result of “upward adjustments of Brent crude oil...
Revocation of UT, Capital banks’ licenses apt – Dep. AG
A deputy Attorney General and Minister of Justice Joseph Dinkiok Kpemka has described as appropriate the revocation of the licenses of UT and Capital Bank due to “severe impairment of their capitals.”
“…It shouldn’t be...
Former Capital Bank CEO predicted collapse in 2014
The former Chief Executive Officer of Capital Bank, Mr. John Kofi Mensah predicted the collapse of the Bank in 2014 in a memo to board members.
The memo was published in a 2015 edition of...
Rice import to reduce by 6-10% – Gov’t
Government is seeking to reduce the volume of foreign rice imported into the country by between 6-10 percent by the end of 2017. Currently, an average of $500,000,000 of rice is brought into the...
Don’t overcharge for Mobile Money transactions – MTN
Telecom giant MTN has served notice it will revoke the licenses or access of merchants who overcharge their clients through mobile money (MoMo) transactions.
According to MTN, it has received several complaints from its customers...
200 illegal lotto operators formalize with NLA
At least 200 banker to banker illegal lotto operators in the Greater Accra region have formalized their operations with the National Lottery Authority (NLA).
The move is part of efforts to sanitize the lottery business...
India applauds Akufo-Addo’s people-centered policies
India’s Minister of State for External Affairs, M.J. Akbar, has applauded the policies and programmes being implemented by the Akufo-Addo government.
Describing Akufo-Addo as “a father of democracy in Africa”, Mr. Akhbar indicated that the...
Staff of UT, Capital banks to undergo skills assessment test
Staff of collapsed banks – UT and Capital Banks – are to undergo a skills assessment test by new owners GCB bank as it prepares to lay off workers of the two banks.
The operations...
Investigate UT, Capital Banks demise – Minority
The Minority Members in Parliament has called for a bi-partisan investigation to be instituted into circumstances leading to the collapse of UT bank and Capital bank.
The call was made Tuesday at a press conference...
Tema: Akufo-Addo lays foundation stone for new cement factory
President Nana Addo Dankwa Akufo-Addo on Tuesday, August 15, 2017, cut the sod for the construction of a new cement grinding factory, at the Tema Freezones enclave.
Congratulating the Board, Management and Staff of CBI...