The Minister for Railways Development, Hon. Joe Ghartey, MP, on behalf of the people and Government of Ghana, has signed a Memorandum of Understanding with the Africa Investment (Ai) SkyTrain Consortium, based in South Africa, for the construction of the Accra Sky Train Project. With Accra experiencing ever-increasing road traffic congestion, with its detrimental effects […]
The President, Nana Addo Dankwa Akufo-Addo, says his Government does not see itself as a competitor to the private sector, nor will it substitute itself for the private sector in the growth and development of the country. “The role of government, in our view, is to be a facilitator for the development of the private […]
Customers of the National Investment Bank, (NIB) must be very worried by now because if pronouncements by loudmouth New Patriotic Party (NPP) Member of Parliament from Assin Central Constituency in the Central Region Kennedy Ohene Agyapong are anything to go by, it means the bank will join the league of collapsed banks within the shortest […]
Vice President Dr. Mahamudu Bawumia has reiterated government’s commitment at ensuring efficient and effective delivery of public services through digitization. According to him, it will also provide a better way of targeting those who need help and allow for more transparent public administration. The vice president made the remarks when he delivered the keynote address […]
The receivers of the collapsed UT Bank have dragged a businessman, Mr Ibrahim Mahama, and four of his companies to court for owing the bank GHS358.8 million. According to court documents, Mr Mahama’s companies owed the bank outstanding loan repayment balance of $35.7 million and GHS189.1 million as of the time the bank’s licence was […]
Ghana has signed a Memorandum of Understanding with Nissan Group of Africa for the establishment of an automotive manufacturing industry in Ghana, which will make Ghana the hub for sales and marketing of Nissan in West Africa. This was announced on Tuesday, 6th November, 2018, when the Managing Director of Nissan Group of Africa, Mike […]
The South African Ambassador to Ghana, Her Excellency Madam Lulu Xingwana has expressed satisfaction with Ghana’s rolled-out digital property address system. Ambassador Lulu believes Ghana’s digital address system is innovative and shows Ghana’s readiness to leapfrog its technological drive for rapid economic development. The ambassador made this observation when she led a team of MBA […]
President Nana Addo Dankwa Akufo-Addo is expected to outdoor the official operations of Ghana Commodity Exchange (GCX) today, Tuesday, 6th November 2018. The GCX is a regulated market that links buyers and sellers of commodities to trade by rules while assuring the market of quality, timely delivery and settlement. Minister for Information, Kojo Oppong Nkrumah, […]
The World Bank has approved a 35 million-dollar International Development Association (IDA) credit for Ghana’s Public Sector Reforms. The World Bank assistance is meant to improve efficiency and accountability in the delivery of public services for 16 selected Ministries, Departments and Agencies (MDA’s) Chief Executive of Public Sector Reforms, Thomas Kusi Boafo, revealed this at […]
Popular pastor, Mensa Otabil, and his church International Central Gospel Church are among 15 shareholders and directors of defunct Capital Bank sued over the collapse of the bank in 2017. The Plaintiffs Messrs Vish Ashiagbor and Eric Nana Nipah from PricewaterhouseCoopers say the bank’s collapse was a “direct result’ of defendants’” “‘misgovernance” and “willful” breaches of banking […]
Ghana has been successful in retaining its seat on the International Telecommunications Union (ITU) Council for Region D, Africa, obtaining 123 votes from the total votes cast, and placing 6 out of the 13 countries elected. The highly contested election for Region D, Africa, was contested by 19 member states for 13 available seats on […]
Chairman of Groupe Nduom, Dr. Papa Kwesi Nduom in a desperate move to salvage GN Bank has adopted a strategy aimed at directly interacting and engaging with traders most of whom are deemed customers of the bank, with a view to quelling the panic withdrawals that hit the bank recently. The Businessman cum politician was […]
