Economist Professor John Gatsi is pushing for the injection and restoration of liquidity into the banking and financial sector in order to realize the impact of the banking sector reforms embarked upon by government. According to him, the core purpose of banking sector reform is not about reducing the number of banks from 33 to […]
Credit: Ghana Infrastructure Plan (2018-2047) The Accra suburban railway system will largely be passenger rail transport services of length 250km that will operate between the city centre, Tema and other outlying suburbs that draw large numbers of people who travel on a daily basis. The development of the Accra suburban railway network will be linked […]
The deadline for both new and existing banks operating in Ghana to meet the new minimum capital requirement as set up by the Central Bank of Ghana has since expired. As citizens who are supposed to be active ones and not spectators, we call on the regulator of all financial institutions in Ghana to make […]
By: Enoch Darfah Frimpong The Auditor General made progress in year 2018 in relation to Disallowance and Surcharge by successfully recovering a total of GH¢67million into government chest. The total of GH¢67,315,066.12 which has been recovered into government chest followed the issuance of 112 Surcharge Certificates to individuals and organisations within year 2018. The Auditor-General […]
The Ministry of Trade and Industry has been directed by the Economic Management Team (EMT) to immediately halt the January 1, 2019 single window system takeover by CUPIA of Korea Customs Service and Ghana Link Network Service Limited. The decision, which was taken on December 18, 2018 and communicated to the ministries of Trade and […]
By: Maxwell Akalaare Adombila The Bank of Ghana (BoG) will, this week, announce the list of banks that have successfully raised their minimum capitals to GH₵400 million in compliance with its earlier directive, which elapsed on December 31, 2018. Ahead of the official announcement, Graphic Online is making the following informed predictions based on reliable […]
Actor and entrepreneur John Dumelo has declared 2019 as the year for youth in Agriculture, saying it is important that the country take steps to make Agriculture great again. The Actor who has not hidden that fact that he is a farmer, has been at the forefront of promoting and encouraging the youth to venture […]
It has emerged that some Directors of distressed gold trading firm, Menzgold Company Limited with the connival of the younger brother of Chief Executive Officer of the company, Nana Appiah Mensah, Kingsley Asiedu are out and about, auctioning company properties that are easy to sell, on the blind side of authorities. This website is reliably […]
Former Governor of the Bank of Ghana, Dr. Paul Acquah has been penciled to chair the fiscal council which creation has been announced by president Nana Addo Dankwa Akufo-Addo. To tie the hands of politicians going forward, the President has caused to be passed in December, 2018, a Fiscal Responsibility Act which limits the budget […]
Reliable information available to BestNewsGH.com indicates that Kingsley Asiedu, the younger brother of the Chief Executive Officer of Menzgold Ghana Limited Nana Appiah Mensah who is being sought after by customers of the company in the United Kingdom (UK) and Spain is in Ghana on a mission to ‘’clean up’’ the assets of the company […]
Renowned legal practitioner, Ace Ankomah has revealed that the laws and clauses captured in the contract forms that were signed customers of gold trading firm, Menzgold were not Ghanaian laws or clauses, but from the United Kingdom. According to him, the Drug Trafficking Offences Act of 1986 is a UK Act which was repealed as […]
A private legal practitioner and lawyer for some of the aggrieved customers of distressed gold trading firm Menzgold Ghana Limited, Amanda Clinton is demanding a full report from government on how the company was able to survive and thrive even after several warnings from regulators. The lawyer finds it difficult to fathom why the company […]
