BUSINESS Premium, Heritage banks’ licenses revoked; merged with Consolidated bank 4th January 2019 Kumasi Online The Bank of Ghana has revoked the licenses of Heritage and Premium banks. The central bank has also approved a purchase and assumption agreement with Consolidated Bank Ghana Limited to…
BUSINESS Three in court for GHS 84,000 tax evasion at Tema Port 4th January 2019 Kumasi Online Three persons were on Thursday put before an Accra Circuit Court on charges of conspiracy to commit crime and tax evasion at the Tema Port. The three are Doris Asamoah,…
BUSINESS Restriction of medicine imports: Local producers demand enforcement 13th December 2018 Kumasi Online Local pharmaceutical companies have made fresh appeals for the government to enforce the policy on restricted imports of some medicines which are produced locally. They complain that some people are…
BUSINESS 79 factories ‘implemented’ so far under 1D1F – Akufo-Addo 10th December 2018 Kumasi Online President Nana Akufo-Addo has expressed excitement about the progress made by his government so far in the implementation of its much-touted one district, one factory programme. The president, who said…
BUSINESS 35 businesses tipped for stimulus package – President Akufo Addo 10th December 2018 Kumasi Online At least thirty-five companies are expected to receive financial support under the government’s stimulus package program for businesses. The support should help the businesses revive and expand their operations as…
BUSINESS Agric census projects drop in farming population 4th December 2018 Kumasi Online Preliminary results from the 2018 agriculture census have shown a considerable reduction in the farming population in Ghana. According to the Minister for Food and Agriculture, Dr. Owusu Afriyie Akoto,…
BUSINESS $650m syndicated loan not invested at the bank – COCOBOD 28th November 2018 Kumasi Online COCOBOD says claims it has invested the first tranche of the $1.34 billion syndicated loan at bank with the hope of earning interest on the money are false. “We do…
BUSINESS 1.2 billion cedis NPLs write off to end in December 28th November 2018 Kumasi Online The Bank of Ghana has shifted its projection of a drop in the Non Performing Loans of banks, by two more months. Governor of the Bank of Ghana, Dr. Ernest…
BUSINESS IES blames power cuts on overdependence on gas 28th November 2018 Kumasi Online The Institute of Energy Security (IES) wants the government to find pragmatic ways to purchase and store adequate quantities of alternative fuel for the country’s power generation plants. The IES…
BUSINESS NCA fines all telcos GHc34m over poor quality of service 21st November 2018 Kumasi Online AirtelTigo picked up the heftiest fine of GHC11,635,000 after the National Communications Authority’s (NCA) assessment of Quality of Service compliance of Mobile Network Operators. All other telcos also received sanctions…
