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 […]
The Commissioner General of the Ghana Revenue Authority, Emmanuel Kofi Nti has served notice of his retirement effective October 1 2019. In his place, the Commissioner of Domestic Tax Revenue Division of the GRA, Ammishaddai Owusu-Amoah will act as Commissioner General. Mr. Kofi Nti has officially given the retirement notice to the Minister for Finance, […]
Former Director General and Rector of the Ghana Institute of Management and Public Administration (GIMPA), Prof Stephen Adei has been sworn in as the new Chair of the Board of the Ghana Revenue Authority (GRA). Also sworn at a ceremony on Friday by the Finance Minister Ken Ofori-Atta was Eugene Asante Ofosuhene as a Board Member. The Ministry has […]
A report commissioned by the Ghana Employers Association (GEA), in partnership with the International Labour Organisation, has disclosed that majority of the enterprises (62.4%) in the Greater Accra Region are pessimistic about the outlook of the local government. The research, which sought the views of 750 enterprises in 30 Metropolitan, Municipal and District Assemblies (MMDAs) […]
The Ghana Cocoa Board (COCOBOD) has signed an agreement with the China General Technology (Group) Holding (Genertec) for the establishment of a cocoa processing factory in Ghana. The factory, which will be located at Sefwi-Wiawso in the Western North Region will be operated by COCOBOD and Genertec through a Public Private Partnership (PPP). Implementation of […]
From Isaac AIDOO, Tarkwa-Nsuaem Two years after doling out some $10 million to support the rehabilitation of a portion of the western railway line, management of Ghana Manganese Company Limited (GMCL) says it is yet to see any improvement in the rail network. The company maintains that the poor condition of the rail has compelled […]
Ivory Coast and Ghana have agreed initial deals to sell cocoa with a living income premium of $400 a tonne added to the price, in a bid to reform the way global cocoa is priced, industry sources and a government source told Reuters. In a move aimed at easing pervasive farmer poverty, the West African […]
General Manager for Wilmar Africa Limited, Kwame Wiafe, has called for government intervention to avert an imminent collapse of some local manufacturers due to infiltration of inferior imported products. He called on government to enforce measures to address concerns as many local food manufacturing companies are facing serious competition from the import of cheap products. […]
The Chief Executive Officer of the Ghana Gas Company, Dr. Ben Asante together with three other Chief Executives of state agencies have been recognized for their exemplary leadership, culminating in the total transformation of their respective entities. The Chief Executive Officer of the State Transport Company, (STC) Nana Akomea, the Managing Director of GIHOC Distilleries, […]
VIP JEOUN Transport Company has released a list of revised transport fares for various destinations across the country. The revised fares according to the company takes effect from Monday, September 16, 2019. A press release issued by the company urged all stations across the country to adhere to the new fares accordingly. See the fares […]
