There is tension currently mounting in the UK as aggrieved customers of Menzgold search for Kingsley Asiedu, brother of Nana Appiah Mensah, the embattled Chief Executive Officer of Menzgold popularly known as Nam1. Kingsley has gone into hiding in the UK where he lives as he tries to escape the wrath of numerous people he […]
The Agricultural Development Bank (adb) has announced its readiness to meet the central bank’s minimum capital requirements of GH400million as the December 31 deadline fast approaches. This follows an approval by shareholders of the bank to source for additional funds of about GH¢310million to meet Bank of Ghana’s minimum capital requirement. The announcement was made […]
One of the key projects that will be rolled out next year by the Ghana Interbank Payment and Settlement System Ltd. (GhIPSS) will enable businesses, both small and big including public institutions, to receive payment online. e-Commerce business has picked up significantly in Ghana, with its ripple-effect on courier services. The biggest challenge has however […]
Mobile telecommunications giant MTN Ghana has rewarded its Mobile Money (Momo) agents in the Western and Central Regions with a firm promise to work in concert with the Ghana Police service to ensure they operate devoid of interference by criminals and miscreants. There have been concerns and reports in recent times about a surge in […]
The Majority Leader and Minister for Parliamentary Affairs, Osei Kyei Mensah Bonsu has revealed that some banks in the country deposited their monies with gold trading firm, Menzgold. According to him, the Bank of Ghana should solely take culpability for the crisis that has rocked the financial sector in the country, saying ‘’the monitoring division […]
Mobile Telecommunications Giant MTN Ghana has donated a customized mattress, bed and desk to the tallest student of Swedru School of Business in the Central Region. The 16-year-old Ebenezer Mensah is so tall that he is unable to fit into the normal sized mattresses, beds and chairs in the school, perhaps making him the only […]
By Elvis DARKO, Accra Managing Director of Cocoa Processing Company (CPC), Nana Agyenim Boateng I says Ghana stands to gain massive revenue from the downstream processing of cocoa beans into chocolate products to actualise the President’s ‘Ghana beyond Aid’ agenda. He, therefore, called for massive investment into the expansion of the processing capacity in the […]
The Ghanaian telecoms market is set to see some fierce competition as Lava International Limited, a multinational mobile phone manufacturer headquartered in India, plans to launch in the country. LAVA intends to invade the Ghanaians market with its latest devices that carry advanced capabilities to compete with prominent international brands with affordable prices to the […]
The Ghana Mineworkers Union (GMWU) has lauded government for the rigorous enforcement of the Tax Identification Number (TIN), National ID Card, and the implementation of the tax stamp all of which are geared toward expanding the tax net. General Secretary of the Mineworkers Union (GMWU), Prince William Ankrah, speaking at the union’s National Executives Council […]
The Adventist Development and Relief Agency (ADRA) has injected US$201,215 (GH¢925,589) into the construction of ten 100mt capacity warehouses, as well as the rehabilitation of a 1000mt capacity warehouse and construction of 11 fenced drying-platforms to relieve the plight of smallholder farmers in the country. The Crop Aggregation Centres (CAC) for smallholder farmers in the […]
Government will soon pass a law to prevent politicians from sacrificing prudent economic management on the altar of political expediency, the Vice President of the Republic, Dr Mahamudu Bawumia has indicated. Speaking at the opening ceremony of “The Future of Work in Sub-Saharan Africa” Conference, organised by the International Monetary Fund (IMF) in Accra on […]
The Managing Director of the International Monetary Fund (IMF), Madam Christine Madeiline Lagarde, says African countries would not sustain their economies by borrowing. She admonished sub-Saharan African countries to enhance their domestic tax mobilisation to sustain their economies and help them to remain sovereign. Borrowing for investment risky She warned that relying on borrowing for […]
