The Securities and Exchange Commission has instructed Menzgold Company Limited to shut down its operations immediately. The commission is accusing the company of operating beyond its bounds without proper licensing and permission. The shutdown is in respects of the company’s business of collectibles with guaranteed returns to clients which the commission says amounts to dealing […]
President Nana Addo Dankwa Akufo-Addo, has attributed the many challenges plaguing the country including the recent crisis in the banking sector that led to the collapse of some indigenous banks to mal-functioning laws. According to President Akufo-Addo, “the story of every bank that has had problems, be they indigenous Ghanaian banks or international banks, like […]
The first-ever competitive bidding for the allocation of oil blocks to companies in the petroleum upstream sector will be launched on October 5, this year. The new regime, which is in compliance with the new Petroleum Exploration and Production Act, 2016 (Act 919) and the law on local content, is a departure from the previous […]
The Chief Executive Officer of Cocobod, Mr. Joseph Boahen Aidoo has extolled the members and leadership of the Ghana Cocoa, coffee and sheanut farmers association to consider the trade as serious business that should yield profit for them. According Mr. Aidoo, it is the commitment of the current government under the leadership of president Nana […]
Contrary to popular belief that Ghana’s illegal mining debacle is being predominantly perpetrated by Chinese nationals, it has emerged that Citizens of neighbouring Burkina Faso and Ivory Coast are also deeply involved in the practice known in local parlance as galamsey. Secretary of the inter-ministerial committee on illegal mining, Charles Bissue has revealed that some […]
The District Chief Executive for Dormaa East District in the Brong Ahafo Region, Emmanuel Kofi Agyemang has admonished cocoa farmers in his district not to cut down their cocoa trees for cashew plantation. Mr. Emmanuel Kofi Agyemang revealed that information available to him indicates that some cocoa farmers in his district were planning to cut down […]
Secretary of the inter-ministerial committee on illegal mining Charles Bissue has indicated that the committee has been forced to run a shift system of day and night as a result of the enormous pressure that has been exerted on them as they begin the vetting of licenses of small scale miners in the country. According […]
Telecoms Giant MTN Ghana has held a customer soiree for the company’s customers and shareholders in the Eastern Region. The event according to Chief Executive Officer of the company, Selorm Adadevor was to afford the company and its stakeholders the opportunity to gel, interact, get to know each and to take feedback in an open […]
Telecom Giant MTN Ghana has made history by emerging as the company with the largest primary share offer in the history of the Ghana Stock Exchange (GSE). The Company which officially listed on the Ghana Stock Exchange on the 5th of September 2018 got an impressive One Hundred and Twenty Eight Thousand (128,000) people buying […]
The Ghana Revenue Authority has issued a warning notice to traders that the Authority will soon embark on unannounced inspection visits to retail shops across the country to seize goods without the affixed tax stamp. A statement issued Friday and signed by commissioner General of the Ghana Revenue Authority, Emmanuel Kofi Nti said a heavy […]
Aviation minister, Joseph Kofi Ada has paid a working visit to the Kotoka international Airport to familiarize himself with operations at the airport. His tour took him to the newly constructed terminal three which is awaiting official commissioning later next month October by president Nana Addo Dankwa Akufo Addo. The Minister was among few ministers […]
President Nana Addo Dankwa Akufo Addo has indicated that measures being instituted by government and the Bank of Ghana to streamline the banking sector is to ensure a robust sector and to also protect the tax payers money. He opined that the ongoing rationalization of the banking sector, by the Bank of Ghana, is to […]
