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 […]
Category: Business
Just in: Ghana wins ITU Council seat re-election bid, retains seat after fierce contest
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 […]
GN Bank wahala: Nduom in desperate moves to save situation, interacts with fish mongers and traders in Elmina
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 […]
Thailand: read the story of the ‘humble, generous, self-made billionaire owner of Leicester City, who died Saturday
A self-made billionaire whom most Americans probably haven’t heard of died in a helicopter crash this weekend, along with four other people, and he’s being remembered not just for his accomplishments–which we’ll get to below–but also for being “humble” and “generous.” It’s a tragedy. And it’s OK to admit as you read this that you likely had never […]
Breaking News: Passport forms are now free, access application forms online-Foreign Ministry announces
The Ministry of Foreign Affairs has announced that passport forms will no longer be sold, but acquired free of charge. According to the Ministry, beginning today, November 1 2018, a Portable Devise Format (PDF) version of the paper-based (manual) passport application form has been introduced to applicants on the Ministry’s portal. A statement issued by […]
NPA boss in Nigeria for oil trading & logistics downstream conference, courts investors for petroleum sector
The Chief Executive Officer of the National Petroleum Authority, Hassan Tampuli is in Lagos Nigeria to participate in the 2018 edition of the Oil Trading and Logistics Downstream Conference, (OTL2018). The conference brings together industry players from across the world to discuss common interests in the Petroleum sector and how they can leverage on the […]
Ensuring value for money in the construction sector: Bawumia launches Ghana Building Code
The Vice President, Dr. Mahamudu Bawumia has stressed the importance of building codes for every country, explaining that they offer value for money by providing a yardstick against which all construction- related procurement can be measured. According to him, the comprehensive Ghana building code (Ghana Standards GS1207: 2018) will be a game changer as far […]
Economy bounces back on track, moves 6 places in latest World Bank report
Ghana has made progress to improve the ease of doing business, according to the World Bank Group 2019 Doing Business Report-Training for Reform, released Wednesday. In the latest report, Ghana has improved its ranking to 114 out of 190 economies up six places from 120 in the 2018 Doing Business Report. Ghana’s ease of doing business […]
Ghana Business Awards: Ghana Shippers’ Authority wins Industry Leadership Award
The Ghana Shippers’ Authority (GSA) has been adjudged winner of the Industry Leadership Award for the Year 2018 for the shipping and logistics sector at the maiden edition of the Ghana Business Awards held 27th October, 2018 in Accra. In a citation accompanying the Award, the GSA was commended for embarking on a nation-wide education […]
Believe in yourselves and gather the confidence to change your situations-VP Bawumia to Ghanaian youth
The vice president, Dr. Mahamudu Bawumia has encouraged the youth of the country to believe in themselves, their capabilities and develop the confidence that will bring about the necessary change, no matter how small. He said ‘’the government of Nana Addo Dankwa Akufo-Addo believes that every young person should be given the opportunity to develop […]
Just in: New BOST Board inaugurated
Government has inaugurated a new governing board for the Bulk Oil Storage and Transportation Company (BOST). Deputy Minister of Energy in charge of Petroleum Dr. Mohammed Amin Adam swore in the new governing Board at the Ministry’s conference room. The new Board is Chaired by Mr. Ekow Hackman a management consultant. Madam Comfort Aniagyei the […]
Ghana Business Awards: GPHA adjudged government agency of the year
The Ghana Ports and Harbours Authority (GPHA) has been adjudged Government Agency of the year at the maiden edition of the Ghana Business Awards. GPHA was recognised for its immense role in ensuring port efficiency and championing government’s paperless agenda at the Ports of Ghana. The technical support providers of the Customs division of the […]