The Ghana Interbank Payment and Settlement Systems (GhIPSS) has said it is ready to provide a wide range of payment services for the public sector payment system for all government projects. The Vice President, Dr. Mahamudu Bawumia has earlier indicated that government projects will all paid through electronic means by the middle of next year […]
The founder and CEO of the now-defunct UT Bank, Mr Prince Kofi Amoabeng has described as unfair and unfortunate, the revocation of the licence of Ghanaian-owned Heritage Bank Ghana Limited, whose founder has always argued that the bank was collapsed despite its books being above board. Asked directly by Accra-based TV3’s Paa Kwesi Asare in […]
All government institutions have been directed to procure all their toilet paper from local manufacturers in the next procurement cycle. The Vice President of the Republic, Dr Mahamudu Bawumia, gave the directive when he toured the Brompton Portfolio’s toilet paper manufacturing factory located at the Nsawam Prisons in the Eastern Region on Thursday, 26th September […]
The United Nations Industrial Development Organization (UNIDO), Government of Ghana and Government of Switzerland through the State Secretariat for Economic Affairs (SECO), launched on Tuesday the Global Quality and Standards Programme (GQSP) to improve standards and quality of exports. The GQSP is an innovative new global programme developed by UNIDO and funded by SECO that addresses country-specific quality […]
The Bank of Ghana has announced that it would from October 1, 2019 start forward sales purchases of forex. The central bank in a notice on guidelines issued to forex dealers said the initiative which comes on the back of improved liquidity on the market and would deepen the foreign Exchange Market. Foreign exchange dealers […]
The United Nations Industrial Development Organization (UNIDO), Government of Ghana and Government of Switzerland through the State Secretariat for Economic Affairs (SECO), yesterday launched the Global Quality and Standards Programme (GQSP) to improve standards and quality of exports. The GQSP is an innovative new global programme developed by UNIDO and funded by SECO that addresses […]
On Friday 2nd August 2019, President Nana Akuffo-Addo, gave his assent to the new Companies Act, Act 992, replacing the old Companies Act of 1963. The new Companies Act, Act 992 is expected to reform company practice in Ghana. REGISTRATION OF A COMPANY UNDER THE COMPANIES ACT 2019, ACT 992 1. Who can register a […]
The deepwater drillship contracted by Springfield Exploration and Production Limited (SEP), a subsidiary of Springfield Group, is on its way to Ghana to commence the drilling of the deepwater West Cape Three Points Block 2 (WCTP Block 2). The ship’s movement was confirmed by the founder and Chief Executive Officer of the Springfield Group, Kevin […]
Businesses are booming in some local markets in the Oti region as Free Senior High students troop the markets to buy various items for school. Items such as mobs, scrubbing brushes, cutlasses, black shoes, cross sandals, pillows, mattresses, calculators among others are on high demand in markets the Ghana News Agency visited. The high patronage […]
With exception of the National Investment Bank (NIB), all banks operating in the country have now met the GH¢400million capitalisation as the banks under government’s bail-out plan have been helped with the needed funds, Governor of the central bank, Dr. Ernest Addison, has confirmed. According to the Governor, four of the banks that were given […]
Jospong Group of Companies which operates the Akwatia Mine has described the government’s decision to lock up the place as an act of illegality done without recourse to the rule of law. The company said it lawfully took over the mine eight years ago and thus any government action must be done with all stakeholders […]
Fidelity Bank has appointed Edward Opare-Donkor and Samuel Aidoo as Deputy Managing Directors in-charge of Operations and Support Functions, and Wholesale Banking respectively. Until their appointments, Edward Opare-Donkor was the Bank’s Chief Operating Officer while Samuel Aidoo was the Group Head of Wholesale Banking of Fidelity Bank. Mr. Edward Opare-Donkor has a strong background and […]
