Menzgold Ghana has through its lawyers, Kwame Boafo Akuffo & Co, sued the Bank of Ghana and the Securities and Exchange Commission. The Bank of Ghana is the first defendant and the Securities and Exchange Commission, the second defendant. The plaintiff seeks among other things, a declaration that its business does not fall within the […]
The Chamber of Petroleum Consumers- Ghana (COPEC) is warning the general public of a potential fuel shortage following day two of the strike action by the fuel tanker drivers’ union in the country. The tanker drivers begun their sit- down strike Monday to protest over poor working conditions which they say authorities have refused to […]
President Nana Addo Dankwa Akufo-Addo says the modest successes chalked by his government in the quest to transform Ghana’s economy, over the past 20 months, is being recognized by the global business community which is now eager to engage with Ghana. According to President Akufo-Addo, his government’s overarching goal to diversify the Ghanaian economy, from […]
The President of the Republic, Nana Addo Dankwa Akufo-Addo has received the 2018 Outstanding Leader’s Award, given to him by the United States Chamber of Commerce and its U.S. Africa Business Centre. Receiving the award on Monday, 24th September, 2018, President Akufo-Addo noted that “it is good to know that advocating for Ghana to opt […]
Everyone is susceptible to mistakes, particularly when it comes to spending or handling money. Sometimes we make certain moves and sit back and regret and wonder what we were thinking. Below are some 13 tips on how to handle money without stress. Money Mistake 1 Never borrow money that accrues interest to start a business. […]
The Bank of Ghana (BoG) cannot absolve itself from the recent ‘catastrophe’ that has rocked the banking industry, leading to the collapse of a number of financial institutions, the Asantehene, Otumfuo Osei Tutu II, has stated. He said either deliberately or as a result of its weak supervision, the regulator could not have been ignorant of […]
Chief Executive Officer of the Ghana Cylinder Manufacturing Company (GCMC), Frances Essiam is impressing upon the Bank of Ghana to extend the same measures it used in dealing with the banking sector crisis, to the forex system in the country. According to her, there is need for an absolute and deliberate effort to sanitize the […]
Pressure group Occupy Ghana is against the operations of Menzgold which it alleges is not licensed to operate. The group believes with the way the company is running its operations, it is headed for saturation very soon. They argue that for the type of business Menzgold is running, the company required three licenses, one each […]
Following the controversial resignation of Kemi Adeosun over the possession of a fake NYSC exemption certificate, President Muhammadu Buhari as appointed Zainab Ahmed as the new finance minister. Below is her full profile. Mrs. Zainab Shamsuna Ahmed is the Executive Secretary of the Nigerian Extractive Industries Transparency Initiative, NEITI. She holds a B. Sc degree […]
Chief Executive Officer of the Ghana Cylinder Manufacturing Company, Frances Essiam is advocating a national dialogue that will help proffer a clear cut solution to dealing with the country’s depreciating currency and also push government’s industrialization agenda. According to her, the country must institute measures that will promote manufacturing and discourage imports. Speaking on Accra […]
The World Bank has approved a 30 million dollar International Development Association (IDA) credit to support the Government of Ghana strengthen its financial sector stability. The support is also to improve inclusiveness for users of formal financial services and the financially excluded, particularly women, rural communities and farmers. Commenting on the gesture, the World Bank […]
Some manufactures of designer blocks in the Greater Accra region are lamenting over what they say is the gradual collapse of their businesses due to “record low sales” in recent times. Speaking exclusively to BestnewsGH.Com, some designer block manufactures along the Mallam-Kasoa highway and mortuary road near Korle-bu teaching hospital said their businesses are on […]
